When using .768 and .236 for the upper and lower RS] bands, and then drawing a rectangle around all correlated candles, you can see how clearly the market reacts to these areas of interests in high value.
When, combined with the three primary market sessions drawn as an indicator based on Jerusalem time zone, it is clear to see how to exploit this and time your...
When using .768 and .236 for the upper and lower RSI bands, and then drawing a rectangle around all correlated candles, you can see how clearly the market reacts to these areas of interests in high value. When, combined with the three primary market sessions drawn as an indicator based on Jerusalem time zone, it is clear to see how to exploit this and time your...
Some might say that this isnt a valid abcd because of time constraints and ab/cd parallelism but I find abnormalities in Harmonics fairly frequently. I would be looking to open a short from current price to the Monthly pivot, US Interest rates are going up. SPY is testing a support area in a downtrend.
Elliott Wave Theory has been revised by Glenn Neely. NEoWave, is a mastered version of EWT. It is quantifiable human emotion data. Perfect for Forex. Identify a Impulsion Wave drop a 45 angle at the start of the wave and scale time price ratio until the 45 lines up with the top of the wave. Target the Impulsion 0.618 with confluence from an Extention from the...
Looks to me like a complete Impulse wave termination right under descending monthly resistance and within a noteworthy Value Area. The Relative Strength Index appears to be confirming that my observed Wave 3 is inside a wave 3 on a higher Degree which would make this prospective retracement a wave 4. It could be developing into an Expanding Triangle. Time will...
Sunday March 27
LONG EURUSD
The Market closed after a Double Bottom last Friday.
Shorterm pivot, Long term Bullish Continuation.
Market opens at 2pm UTC-7 every Sunday. I don't expect it to happen quickly but it may. Expecting a wave up after a Stoploss Hunt.
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My my my... what nice liquidity you have.
Keeping it very simple here. Looking for a counter trend short. Ichimoku base and conversion line flip. Decreasing bullish volume. Price failed to rise above the previous supply zone signifying a likely drop back down to the demand zone or more likely to the ascending support line for a retest with confluence from the Kumo Cloud.
I have paired a 1hour and a 1day On Balance Volume Indicator. When inspecting the monthly chart using this duo, well... you can see the results. This is a technique for technical investing. Upon further inspection you'll see youd have to weather a -36% dip. I will explore more timeframes with differing obv timeframes. I would imagine you could scalpnusing the same...
Tesla Has been in a downtrend since Jan 25 2021 as denoted by the descending trendline which is now green. You can see that the market has broken that previous resistance line and it has become a support line. The market is on its way down to test that as support now and I am banking on it holding up. It is a simple setup and the buy and sell margins have...
I feel like my chart speaks for itself. We have a dip out of market geometry triangle and ascending Gann Fan zoning. There is plenty of bullish momentum about to pick up. Its the weekend and we all need it. The bearish volume as diverted in momentum and the push is about to start. Plus a Kumo Flip seems inevitable here...
Despite the powerfully momentous sell off since the REN ICO, we have seen a very aggressive reaccumulation from the markets constituents under 0.00200000. The short term trend is looking rather Bullish. On Balance Volume is drastically under the trend angle, indicative of an obvious accumulation opportunity for institutional traders. The Possitive DMI is above the...
