OmarPiane

OmarPiane

Ciao Traders ! Remember the chart below I posted Dec the 1st 2019? Here below is how I got that area where we could have a possible bounce No magic, no corona virus, no news.. just math After 105 years the Dow respect its' Fibonacci perfectly.. sounds strange? sounds crazy? Well. the proof is the chart: wave 3 is typically the 1,618/1,75 extension of wave 1 Not...

OmarPiane

Ciao Traders ! I'LL KEEP WATCHING, IF I SEE A REVERSAL, THAT MAY BE MY YEARLY INCOME :) Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk

OmarPiane

Ciao Traders ! Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk

OmarPiane Updated 

Ciao Traders ! this is my long term forecast. .Will I be right ? the fibs, the market structure indicate so. I assumed parity (1 to 1) lengths of the waves.. it does not mean that will be the case, I'll adjust counting the sub waves. most important is to see the pattern, and if I am right.... Happy trading to all ! Disclaimer: This is not financial or...

OmarPiane Updated 

Ciao Traders ! Til now I am still long term bearish with a possible target of 1050 or below, at least until proven wrong. Said that, is very difficult to predict the point of a possible reversal, here is an attempt. I am personally short with stop loss at break even: I shorted twice: first time at the ,0618 Fib (lower green circle) and took a small profit on ...

OmarPiane Updated 

Ciao Traders ! Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk

OmarPiane Updated 

Ciao Traders ! I think we reached a temporary Top or we will reach it soon, possibly after a small leg up breaking slightly the latest top What I can see is a formation of a big zig zag patter, a 3 wave which might be either: 1) the end of wave 3 on a super cycle degree (wave 3 started in march 2009) or 2) the end of a 1 wave of an ending diagonal , in which...

OmarPiane

this is not financial advise

OmarPiane Updated 

Ciao Traders ! here my expectation for the S&P I think it might have another small leg up, possibly... I am personally short and I will add on my shorts in the next leg up, if any! if the next leg up will be again broken , I will accept the loss.. My target for the down side is as in the picture, and at that level I will go long, (if i see a good set up), hoping...

OmarPiane Updated 

Ciao Traders ! Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk

OmarPiane Updated 

hi. .this is my estimation of how the Dow could possibly behave in the next few years This is based on my Elliott wave count I am publishing this just to have it in my personal records.. no financial advise as usual The intraweek behavior might be adjusted , what I am looking for is the overall trend

OmarPiane

Ciao Traders ! we broke the 65% Fib, so I'll assume will make a correction and then push down towards the 0,786 or the 0,883 Fib in both cases: if the movement from 3,1k to 13,8k was either a wave A of an ABC or either a wave 1 of a new trend, the actual down trend is too short (time wise) to correct the previous up move, therefore I give more probabilty to the...

OmarPiane Updated 

Ciao Traders ! I will , as usual, wait for signs of reversal in the green area Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk

OmarPiane Updated 

Ciao Traders ! before going short I will wait for a bounce confirmation at the indicated level Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk GOLD Requires attention!...

OmarPiane

Ciao Traders ! After a good a fulfilling long, who doesn't need a nice short to digest ... p.s I always take 20% profit if it reaches 25% or so of my target, so that , if it reverse, worse case I break even. Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis...

OmarPiane Updated 

No financial advise! This is Only for educational purpose If you like the idea please like and follow

OmarPiane Updated 

Ciao Traders ! Hi In case Gold is forming a leading diagonal this is the most probable scenario I see If the correction is over, we most probably go up from here, with small retracements in the middle, up to the 16000 levels How will I try to understand if, in fact, we are in a bullish scenario? In my view the price will have a small bounce down in the blue...

OmarPiane Updated 

Ciao Traders ! Happy trading to all ! Disclaimer: This is not financial or investment advice I am not a professional in the financial or investment fields This analysis is just for entertainment purposes Do not follow what I do or do it at your own risk GOLD Requires attention! For short attention spam readers :-p