---------------------------------------------------------------------------------------------------------------------------------------- -------------------------Observation------------------------------------------------------------------------------------------------- Price Increase 1: 3,291% Price Increase 2: 1,641% (50% less than Increase 1)...
As described yesterday, the buyers came in strong out of support areas at ~24100. Price broke through the 25000 level and created a new structure high by breaking the last highs as well. In the more immediate order flow price created a 1 to 1 to the upside reaching 25300. Price corrected strong and broke the immediate structure at ~25070. I am expecting price to...
Price tried to trade lower to create a new structure low and to retest the support levels at ~24209 and futher down at ~23980. While waiting for yesterday's sell, I was expecting a rotation and a short-entry between the 50% and 61.8% Fib Correction. After the sellers came in around there to correct weak, buyers dominated and traded price higher creating immediate...
After an extended 1 to 1 completion (yesterday's short) we reached strong areas of support (blue lines - my weekly analysis) where the buyers need to show up. Since the last high that price made is not being taken out, I am still looking for shorts. Price is correcting right now. Unsure about the correction this time, but I am expecting it to happen between the 50...
Price is selling off nicely. New structure lows were created with nice ratios and harmonics in play. The last low was created with less momentum and less projection since price is reaching strong support areas at blue line ~24209. Buyers slowly start to show up. Still bearish market and looking for shorts. Check my longer term analysis as well: *DISCLAIMER:...
YM still bearish - The buyers came in good at ~25200. The sellers still dominated though and traded below those levels. Expecting price to create new structure lows and retesting support levels at ~24200 and ~23980 - (blue lines). Nice harmonics in play, also in the immediate order flow. Check my analysis for the more immediate order flow. **DISCLAIMER: Futures...
Heres some easy money, Navios Maritime Midstream Partners L.P. is a services and shipping company. It has been priced at a premium by the market as a result of overreaction to selling of ships. These ship sales have increased the company's cash flow and helped them build an already extremely beefy balance sheet. I believe the market has priced NAP at around...
Assuming 4% annual at 25k, YOY growth, and we have price target of around 55 000 Dow Jones in 20 years (2038) Dow measured in real commodities, like XAGUSD, and XAUUSD is very strong right now. One can interpret this chart two ways: First, measured in PM's the DOW has been in a downtrend since 1999 - 2000 and this rally is a in fact a bear market rally or ......
We see here a gartley pattern hitting the 78.6%. There is a perfect abcd hitting the 78.6% the bc leg is hitting the 1.618% there is also a three drive to a top pattern marked with blue. leg 3 to 4 expansion, ratio 1.272% is hitting the exact spot of the bc leg of the gartley. If the 1.2500 - 1.2520 doesnt hold we should see a new top in the EURUSD
You know that old crypto saying: "Litecoin is Silver to Bitcoin's Gold". Well now 'Gold is Silver to Bitcoin's Sound Money Supremacy'. Well in price ratio terms it is. I know I'm not comparing apples with apples, & for the purpose of not embarrassing Gold's post crypto performance any further, it's probably best I don't. But in terms of available supply, there are...
Hey traders!! We have had a HUGE move up, so I expect a relief. The market made a strong move down and it is now putting a consolidation pattern. I expect a break to the downside at the 1.272 extension which lines up with structure looking left. Good luck in the market traders!!
C TO D LEG SETUP TO FINISH FOR GARTLEY PATTERN LOOKING TO SHORT AT END OF D LEG NICE FIRST PULL BACK WITH 61.8% RETRACEMENT AND SECOND PULLBACK WITH 50% AND THE FACT THAT 78.6 AND 1.272 LINE UP SO NOICE SEEMS LIKE GOOD GARTLEY SETUP
On the Weekly chart of AUDGBP we are looking at a possible big five wave move in progress, with price now trading in an unfolding sub-wave 2, after a higher degree wave 1 had found its top at the 0.634 level. If that is the case then a three wave corrective move may now be in action, with pair trading in the first wave a-circled of this three wave move.
Hi Trader, We have a bullish Cypher Pattern setting up on AUDUSD with D leg completion at 0.73510. See below for trade details. I have marked the key Fibonacci levels in yellow for your reference. Entry: 0.73540 Stop: 0.73080 Target 1: 0.74050 Target 2: 0.74400 If you have any questions let me know. Good trading, Luke
The pair completed a 0.5 retracement of the previous leg following divergence short targeting a 2.618/0.382/0.886 FiB extension.
XLU have a 86% IV Percentile, which means that 86% of the days over the past year the Implied Volatity was below this level. Custom Put Ratio's Buy +1 NOV 48 PUT Sell-2 NOV 47 PUT BUY +1 NOV 46 PUT SELL-2 NOV 45 PUT This will give us a max profit of $171 with a 77% chance of making money. And we only lose if the price goes below $44.64. Since we are adding...
We are bullish on the higher timeframe but I believe that we will see the a test of the green box before rallying up. The market gave us an opportunity to anticipate a move to that level, this bat pattern. However, if this gets violated I would predict the price to continue up and follow the underlying trend
We may have a very deep Gartley pattern, which means beautiful R/R. I am currently on a drawdown, but I have only taken good trades. Let's see how this plays out.