Some lines and drawings showing why it going back to up to 30 this year
It looks like USDMXN jumps every here and there and slowly cools down before jumping again. We are currently seeing another cool down phase and according to previous activity we are close to another big jump. TP1: 21.80 TP2: 25.00 TP3: 27.50 SL: 19.00 Note: Zoom and pan complete chart. Note 2: I still need to take a deeper look into RSI and Moving Average...
So I'm just pointing out this current thingy because a lot of you guys have pointed out that 2022 looks a lot like 2008 on SP500. Well. Looks like VIX is acting weird too. Leave your comments please.
Tinfoil maybe but this current trend looks a lot like what we've seen in past "cycle" if we can call it like that.
This is the One Chart. Upper part shows Present SP500 on blue line. Then 2008 SP500 on gray line. Then 2008 Volkswagen on purple line. Lower part shows GME on bars and 2008 SP500 and 2008 VW. So....According to this.... We might start seeing upwards activity by december.
So after looking backwards this is what I found. USDEUR has been on this ascending channel for a while. It's about to hit the upper band. Also, the RSI is about to hit the upper limit, it might go sideways for a little while before dropping (as it has done that a couple of times before). Red circles are correlations to my USDMXN chart, I still need to take a...
Weekly view for easier understanding about the cycle. More info on previously published charts. NFA. Tinfoil alert: yes, very tinfoil.
Sht Going thru the roof according to precious cycles and patterns. I would play long for at least 6 months
It looks like USDMXN jumps every here and there and slowly cools down before jumping again. We are currently seeing another cool down phase and according to previous activity we are close to another big jump. TP1: 21.80 TP2: 25.00 TP3: 27.50 SL: 19.00 Note: Zoom and pan complete chart. Note 2: I still need to take a deeper look into RSI and Moving Average...
We repeating previous 2-yr-cycle. Today we lived August 24th 2020. Next week gonna be interesting. NFA.
Most people knows History tends to repeat itself, but people usually goes and look for price path instead of looking at Indicators. Indicators can give you a better knowledge because their movement is contained within certain limits, of course I'm not talking about copy/paste past stuff into present stuff, but if you take a look you will notice it correlates very...
So, following the theory that we are repeating the 2017 cycle but with the plus that we also are repeating the divergences from that year, on my previous ideas I put the short target down to 42k/30k based on the smaller divergences results: the price correction coming out from the divergences take the price down to the same price as when the divergence started....
1. Last bearish divergences have taken the price down almost inmediatly. Only the latest divergency (february), had an upwards extension before taking the price down. 2. Divergences took us down to the initial price from when the divergence started. This current divergence can take us down to 30k which is where the divergence started. 3. Currently we are in the...
BTCUSDT bearish divergences but carried by hidden bullish ones
Be careful with cardano. Might have a little pump up, but its going down long term. DYOR
Just taking attention on the RSI lowest points and its movements from there everytime.