USOIL. ABCD to BUY Zone.Im looking for a drop in the OIL price down to the convergence of FIB levels at the 39.50 area. We have retracement levels from 2 previous lows and the completion of the ABCD Gartley at the same level.
If price and time ae the same we should see a sharp sell off over the next couple of days.
Timeandprice
S&P500, Gartley Sell. I have a double Gartley set up here. We have just completed the smaller Gartley which at this stage ties in with the ABC leg of the bigger Gartley. If we look at time and price then the C-D leg should be the same amount of time as the A-B leg.
If it moves faster then we could see the 3400 area which is the 61.8% of the move up.
Weekend trading is flat at this stage, so see how we open tomorrow.
USOIL. Gartley sellLooking for an ABCD Gartley pull back to 42.10 area then a sell off to the 382 of this whole move up from November 2nd low. This correction may go to the 50-61.8% area but i will just watch it as it goes.
The AB=CD would take us to around the 40.22 area.
If it gets there quicker than 18 1hr bars from the turn point its likely to go lower.
RUSSELL 2000. 3 Drive Pattern. Russell has ben leading recently and is getting close to ATHs again.
I'm looking for a turn near the 17oo Double top area, But if it gets there it is likely to take out the top before a reversal lower.
A 3 drive can be the end of a trend.
Watching this one with smaller TFs to get entries.
DAX. SELL AREA. DAX can have one more move higher before selling off or it can fall from where it is. I will add a shorter TF chart to see which is likely.
The higher move will create a 135 Pattern.
Either way as it stands buying at the 12000 area looks like it could be a bigger move back to ATHs.
We want to see an ABCD back into the buy zone. If it accelerates down then we may have a bigger bearish possibility.
ETHUSD price and time analysisHi guys
This is the ETHUSD time and price analysis using the square of 144, you can see that the triangle of motion (shaded triangle) controlling the price very well.
everything is shown chart as where and when to buy and sell, watch the shaded rectangles with in time given on chart.
Kinldy like and share.
Thanks.
Good luck.
BTCUSD 3600 DAYS = $3600Just a rough chart for reminding people out there that this is a squaring of time and price.
No matter how you look at it.. what day you use..jan 9 2009-nov 18, 2018 or..roughly .. mid november-ish bitcoin dropped to ABOUT $3600 after ABOUT 3600 days.
Also a good time for a trend reversal
(but which way have we really been moving over this long of a range? Be careful buying keep leverage low)
Furthermore.. remember the bottom is always a range not one number!