BTC has been following this fib series quite nicely. The movements resemble a 12345 impulse structure. Perhaps we are in wave 4 looking to start wave 5. Fib extensions fit nicely: wave 1 = 5.236 wave 2 = 2.618 wave 3 = 9.236 wave 4 to 5 = 6.618 -> 9.618 ? wave 4 to 5 = 7.618 -> 10.618 ? wave 4 to 5 = 8.618 -> 11.618 ?
Quick plot based on fib intersections. Pullback looks to be in progress. My last analysis calling for 51.65 top: Previously the call for 29/30 bottom: And the previous top at 40/41:
Been long on WTI for a while now. It has been following the Fib series closely. Looking for $62 area for top, then continue drop? Currently at an important Fib resistance. If it rejects, then I will close my longs. But I expect it to break and continue higher.
Ordered Chaos ONT on Tap every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. every Wave is born of Impulse, like a Pebble into Water. every Pebble bears its Ripples, gilded of Ratio Golden. every Ripple binds into Rhythm, setting the...
Ether finally got its run, along with most of Crypto. But last week LTC lead the charge running head of the pack. This week was ETH turn to lead the charge and ran strong. Fork dates are somewhat vague, but Feb 28th or so. This fork will NOT result in free coins, at least not in theory. But the upgrade is significant, and ties up coins to Prove Stake. If we...
Well that was a nice run up. No break of 4k yet but trying it seems. I gotta believe we have a pullback due. So I have marked a few zones of interest, for possible buy-backs. But if price breaks 3900 (let alone 4k) then the zones will be invalid. The concepts will still apply, but will need a new Down fib to measure. . Background : This is a continuation of...
As noticed last week, the 110 price point was difficult to break. Now that we have broken it, I think it will need retesting soon. There are also two short term fibs lined up exactly at that price. However, there is something special about 110.025 . It is a Ripple born of an Impulse that occurred in 2012 !! Ever since, any approach towards it gets sucked to...
Last wave up LTC went 3.236 > 1.236 > 4.236. This time 3.236 touched even more optimistically. Hopefully it will bounce above the 1.236 this time.
BitTorrent got off to an explosive start on Binance. The wave up had a very well defined Fib Series (blue). The 9.618 is a very common end to explosive waves. The first retrace (A) followed the same Fib perfectly. But the bounce (B) was not so locked into blue Fib. Last leg (C) might be developing a new Fib (red). Thus I have plotted some of the confluence...
UC has been following fib multiples pretty nicely. I think this latest bounce wants to hit the 3.618. The 4.236 Fib extension is a common wave-ender. But that would require OIl to pullback some which I think it will. Wednesday is US OIl Inventory report, which might spike price. I am long now, hoping to have SL in profit before the news.
NU got a nice boost from the RBNZ rate decision. The not-as-dovish stance got many bears to close. I am expecting one more wave of shorts closing. Then I expect some bulls to get back in since the NZD is a decent carry currency. The Central Bank not threatening cut should bring some carry traders back in. If this keeps going and stocks keep going, then NZDJPY is...
There are several Fib extensions in confluence. 1.27865 is the crucial support that must hold. Drag PRICE scale UP to remove overlap of zone numbers. Drag TIME scale RIGHT to see more history and fibs. I am not trading this pair due to random Brexit news . But wanted to post this plot to observe behavior around support.
AU got a couple of boosts early in week. First on some supposed progress on Trade Wars. Then from the RBNZ with a not-so-dovish stance. I expect the Trade War optimism to be walked back as usual. And the RNBZ bump is not deserved for AU, maybe not even for NU. The Dollar did need a pullback, so this bounce was expected already. Now looking for shorting...
UJ looks to have completed an impulse up. It finally got past the dreaded 110.025. But now I think it needs to confirm it is history. The 110.025 price was an important fib, first spotted in this Idea Few years later we have revisiting several times as captured in this Idea Having been such an important price, I just cant see it get left in dust without a...
EU finally got a bounce, from the 8.618 fib extension. Supposed to bounce at 8.236 but stops were hunted. Typical London games, it dove at open only to reverse. The impulse from bottom is showing some strength. It should reach at least the green 4.236 around 1.18xx. It could go much higher but expect a pullback soon. Background : I am an EU bear, spotting the...
Stock Markets in general look to have topped for now. Observing the S&P500 because it has been the most bullish. After an impressive bounce, it is coming due for a pullback. Due to Gov shut down and trade wars, we should see a leg down. This index has already touched and failed at two resistance zones. The Green zones represent support areas, where bonces will...
BTT has been following this fib series perfectly. Beautiful scalp entries with zero draw down. SL past the last line, TP near the next zone. 9.618 is very common end of extended waves. 4.618-4.236 is often the first retrace target. Expecting one more leg down to the 2.618.
Ordered Chaos every Wave is born of Impulse, like a Pebble into Water. every Pebble bears its Ripples, gilded of Ratio Golden. every Ripple binds into Rhythm, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain...