Waves scenarios and potential tendencies on Nikkei. Looking for the price action where the big waves or smaller waves (of the price) might end. No trading advice. Unless something interesting shows up on the chart.
If you see the price flirting with one of the curves, it's not what I am looking for. I am more interested in rebounds that might signal the end and the beginning. Of a Wave. No Trading Advice here, but I am still looking forward to see some interesting price action on this drawing.
Simple scenario on Hang Seng where we have a correction and then a continuation of the previous bullish move. 2 potential pathways, same idea. Marked Potential Stop Loss levels on the 2 scenarios. Waiting for the potential buy signal after a timid drop, unless something else happens and it ruins the show.
This is a deduction drawing using the previous highs and lows to create something that might make sense. Potential support and resistance shapes from which the price might bounce again. A machine learning instrument (AI) would probably detect these math equations and have an eye for the potential future bounces. Traders are usually busy trying to identify flags,...
Unless coincidences start popping on this drawing I wouldn't advise trading according to this scenario. Let's just wait and see what the market does. This could get very interesting. :)
Hard to pick the right candles for an entry (price action signals examples highlighted on chart), but sometimes it can be easier with a little help from the matrix. Let's see how this plays out. Looking for patterns near the marked dates (whole day counts) or near the price levels. I also drew two pathways that I would cherry pick from the infinity of potentials....
Bearish Biased on this one unfortunately. Don't know what the future holds but I drew some shapes to help us navigate this mess.
Unfortunately I have no clue if the coincidences will keep on popping on this one as I was doing a little bit of a Stand Up while drawing this. Actually I was standing down, but that's for that's for another story. Don't go down the rabbit hole. It's not what you expect. No trading advice on this one. This is more crazy than it should be. Original idea...
This does look like a possible retracement but the bulls might be in this one if Russia doesn't surprise us with some impact news today. If no up move comes with higher volatility I might revise this for an exit in case this is not a reversal of the down momentum.
Waiting for a good rebound and a potential signal on this one. Any bounce at a shape with a reversal of trend/color on Heiken Ashi. Just in case there is a big impulse wave waiting to happen somewhere.
No trading advice here, I am just presenting a bold and daring unconventional method. Looking for Heiken Ashi reversals at the shapes, or continuation in case of indecision, consolidation, rebounds etc. Follow the Heiken Ashi Candles for entry points. After a green wave, a red candle might appear at a shape, or the other way around. Position should be managed...
Maybe it was a good level for cashing in some profits at the purple rectangle. This drawing still seems too crowded compared to other exercises but there might still be some surprises left waiting for us in the future. I added a vertical line at the center of the circle because I am interested in what happens near the circle or in the vicinity of it's time projection.
This is just another experiment. A little bit crowded with the shapes but I had no other choice. Let's see where this ends up. up. up. These shapes used to be support, resistance or retracement areas, but they slowly shifted into projections.
Waiting for some good coincidences in this drawing. This is the first attempt on such a big time frame chart. No trading advice. If the price bounces from one of the shapes or lines, it should still be a big coincidence considering the nature of the drawings and the time scale. If a bounce happens with a high or a low, I will provide the relevant update. Closing...
It's not a joke. Maybe just a metaphor. I am referring to the little man on the chart and his field of vision. I wasn't feeling in a special in the zone moment when I drew this, in order to expect more than one coincidences on this chart. Maybe this one is enough. End of big bearish candle at the exact end of the yellow line. I have a question for the little man...
I made this lines in hope for a meaning that might happen once the price action hits them. I will wait and watch this unfold and maybe post updates as we go along exploring this.
I have the feeling it is not the last time we see the interaction of the market with the drawings. This would mean it would have to go up at some point, or at least do something crazy near the vertical lines. I wait and see... Don't know if the markings should mean anything if this goes up up up
Nice perfect rebound at the edge of the first arc. On the other side of it I don't know if the arc holds and a rebound is expected. We might see more downwards movement.