breaking the downtrend strongly, and passing the first major resistance, makes it easier for a bullish rally!
In this article, I will try to shine the light on the mathematical aspects of technical trading! The mathematics behind the harmonic patterns! What is a dynamical system? A dynamical system is all about the evolution of something over time. To create a dynamical system we simply need to decide (1) what is the “something” that will evolve over time and (2)...
The Rewards to risk ratio is not favorable! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional...
The red and yellow curves are the clone of the green curve! I believe my research on the price pattern created by Wall Street Bets is reaching its final point..! While many people think WSB is made of a bunch of Apes, I am confident there is a Quant fund behind this whole frenzy..! It may sound crazy, but what if someone can prove it mathematically..? You...
I monitored the Options data of Moderna in the next 8 weeks, and it seems there could be another bullish run..! But first, it must get out of the current downward orbit..! Education: In mathematics, specifically in the study of dynamical systems, an orbit is a collection of points related by the evolution function of the dynamical system. ... Understanding the...
This is an analysis for the next 12-13 months!
On July 15th,2021 when was 404 I published my short analysis for ROKU! in less than 6 months, it went down almost 60% to 173.65..! Now I think it could experience a nice 20-30% rebound..! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a...
“Insanity is doing the same thing over and over and expecting different results.” (Albert Einstein) The importance of Price Pattern Recognition I do not care if Ark invest buys HOOD and keeps buying more and more! As you see Hood is 82% lower than its ATH..! A clear downtrend that could go lower. options data in the next 3 months indicate it could go down to...
First I want to express my gratitude to the +9000 Tradingview users who started following me in 2021 and supporting me with their likes and comments. I wish you all a year full of successful trades. I also appreciate the @TradingView team's efforts to make the platform stronger in the past decade, it gives me more energy to write more detailed analysis, Nice...
Jim Simons: “I want a guy who knows enough math so that he can use those tools effectively but has a curiosity about how things work and enough imagination and tenacity to dope it out.” The red and yellow curves are the clone of the green curve! Too accurate to be a coincidence! It seems it is not impossible to find the holy grail of Wallstreet if you keep...
I believe this unusual orbital pattern is the best setup to explain apple price movements in the past trading year! and possibly in the coming days..! Based on this price pattern I think it is very likely apple find its support at 165 in the next 10 days! Education: I used the clone technique to calculate the green line based on the red line! the result was...
1- Closing below the 50EMA after 78 weeks 2- Sideway for the past 45 weeks Possible scenario: A: Rebound at 2080-2100 level or B: closing below 2080 level and further decline to 1780-1700 and completing a rectangular top formation Best strategy: wait for A or B, it is not a good time to Short/Long This time could be different: and we may see a...
Amazone broke below its 50EMA in the weekly chart and the lower border of the wedge pattern! I believe this pattern has the potential to cross below 3000 and retest 2880. This is a weekly chart and may take several weeks to mature! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a...
Most professionals believe the second biggest company in the world (MSFT) has one of the best balance sheets in the world! But this was not enough to separate Microsoft from Tech's sell-off! Microsoft has experienced lower lows in 8 consecutive trading days so far, the last time something like this happened was 11 years ago(June 2010)..! Since 1987, Microsoft...
What Moves Gold Prices? Supply, demand, and investor behavior are key drivers of gold prices. Gold is often used to hedge inflation because, unlike paper money, its supply doesn't change much year to year. Studies show that gold prices have positive price elasticity, meaning the value increases along with demand. However, the investment growth rate of gold over...
I would like to start this forecast with this Peter Lynch quote: “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” It means, the best traders are never right all the time, they make losses too. Focus on getting more trades right than wrong and you’ll be considered successful. Having...
In the weekly charts, you clearly see BABA broke its Bullish trend line after 297 weeks and finished the pullback, and continues its way to the south. I believe it will see 150 and 130 if it closes below 170. if you are eager to buy the dips be careful, and wait for coming dips, do not jump the gun until a clear reversal pttern. Most Chinese stocks build strong...
In the past 8 weeks, the Cryptocurrency market has lost 1.1 trillion dollars of its value! 1.1 trillion dollars is bigger than the GDP of most countries in the world except the first 15th. This number is 44 times bigger than El Salvador's GDP in 2021. I think it is highly likely that we see another 500-800 billion dollars washout in the next 8 weeks! However,...