Nathanl19

Nathanl19

Markets keep hitting ATHs, gold doesn't stop hunting for higher highs, and oil underperforms. Anytime price reacts to a historic zone it either sells off or rallies, and then reverses to confirm if the reaction in price was indeed true/false. In this example oil sold off brining us to point 'A' and is now at point 'B' which is the pullback phase also know as a...

Nathanl19 Updated 

1989 - 2004 experienced years of sideways action then to a final blow off breaking out of pattern onto the next level. This blow off then resulted into a financial crash. From 2006 (the first top of the '08 crash) to 2023, the market has also been sideways exactly like the past but of course in its own unique way. Based on analyzing coppers trade pattern it...

Nathanl19 Updated 

An update for my last copper theory based off trade pattern From 2016 till this day copper has formed a double bottom on such a large scale that makes it hard to miss. 2022 - 2023 looks to be the pullback phase back to the neckline, at liquidity (S/D). 2024 will be the year of the rally (expansion) seeing price action head towards $4.6, and then causing a...

Nathanl19

Possible distribution pattern incoming that'll take about 2 years to playout. The selloff that'll play afterwards will be quick like usual based on what we've seen in the past. 2008, 2011, and 2022. Keeping an eye on MACD will help time a top if we dont see a breakout from the channel.

Nathanl19

All cycles consist of 3 tops. The first rally stays the same except for diminished returns and a lengthened cycle by 2 years each time. The last two tops don't stay the same and has different variations based on Convergence/Divergence, either price is diverging over all indications, or price may agree while technical indicators are not like seen with the 2021...

Nathanl19

Yet again buyer are still able to keep price higher and higher but at the same time we can spot weakness in each rally that occurs. Key note to look out for is that this rally that started in 2023 seems similar to the last in 2020 except for the Feds stimulus package that set the economy in turbo mode. As highlighted in green you can analyze the strength in both...

Nathanl19

The most obvious pattern is still successfully playing out as intended, with the help of the bullish pennant and an inverted H&S pattern pushing prices higher and higher as the market progresses. Zooming out on a weekly chart allows you to see the true scope of how bullish price action is. Looking back at the 2011 high to where we are now confirms that price is...

Nathanl19

Could only imagine whats next, ~34% price increase. Forecasting for around 2025.

Nathanl19

To keep it simple, the bull flag pattern is still working away after a successful retest. Some may ask why are we still in the same area, and the answer to that may be the ascending triangle pattern that we dove into right after the break. You can see its constructed with falling wedges, and I believe the next burst of price action will send us flying towards...

Nathanl19

Lets focus on Feb.'23. Price came from a downtrend, and consolidated under its last support structure to only selloff again. At the same time, price has been coiling for a move to the upside. This is where we go from $67 to $94 and the range is now formed. Fast forward till today and yet again we have similar price action like we did last year around today.

Nathanl19

From the base of the most recent rally to the selloff at the major neckline, price has retraced about 80% of its gains, leaving us with 20% left from the last low. Its expected to see continuous selling pressure until $155, and a possible spike-out around $133. First lets confirm local support lvls (30min - 1min) for a reversal back to liquidity (~$216) to only...

Nathanl19

This is a TSLA forecast model based off of historic price action and a mix of confluence. *Still in the workings.

Nathanl19

In this chart we're lookin at the strength in both buyers and sellers just like the previous upload. Except this time we zoom in a bit closer to analyze the current wave and where its heading. So far price action looks great as we head into the expansion phase once again. Momentum shows that there are only about 10% sellers out the 100% buyers in the last rally...

Nathanl19

The analysis captures price action strength in sellers and buyers highlighted in green and red. By doing so, this allows me to get an idea where price is likely headed and at the same time using parallel trendlines to help the target areas ($1,150/$2,250), and pullbacks.

Nathanl19

Taking a look on how this pair trades led me to find similar patterns in the past that we may be going through in the charts today. Market moves labeled from W - Z showing approximately where we stand. Based off what we see this would be a signal to mainly look for long positions over shorts in the long run. As we creep into 2024 this gives us a quick bull run...