1929 again, updated A-E pattern, now with B Sell Off into $197?
OH man, sometimes you wish to be wrong, and it is one of these times.
I don;t even want to look at a monthly charts, cause i know how deep down we can really go. However!
We are getting closer to understanding the virus and how to deal with him.
And may i use the silly words of every day's briefing - due to President's leadership - shit has hit the fan - unlike anything the USA have seen since the WW2.
https://www.zerohedge.com/news/2020-04-01/new-corona-virus-cure-found-requires-blood-donation
Before i go into some LOL moments, let quickly touch the TA.
More for those that is still not aware of wim Hofmen: https://www.youtube.com/watch?v=YfAgSusi6t0
As we see, point B could not break through the resistance and hence forming a B point with a gap down and April Fools day sell off.
Now, where are we going to land. Well, we already touched 245. So it is very likely we are heading to 236, easily as the economic numbers are going to be turning for the worse.
You can't have countries in shutdown and expect a bull market.
This is why B point was rejected and reality is sinking in hard to the rest of the world, there is no way out, but to stay home and hope this COVID virus dies before summer.
Now, where is the C point?
So, i think, you have to assume there is no bottom which Price can;t reach, because we are in uncharted territory, and nobody knows anything, exept for one thing - infinite QE and negative interest rates - lol.
But really, where can we stall for a reversal - from a former point A, thus creating a ADAM and EVE pattern.
If C point fails to hold, then we are going to rapidly approaching $200, there won't be much stopping it. However, for this to happen, we must also experience some kind of new threat to the markets like: Natural Disaster or a GeoPolitical Threat.
I am sure we are going to touch 197! Unless, we got a remedy quick!
TA over.
Back to a quick GEO rant.
How quickly did we end those NATO exercises? Pronto, cause in the end it shows Russia boogie man of Europe is only there to maintain an outdated Cold War mentality that just does't want to die.
Which rational thinking human being thinks Russia is going to be invading any land via tanks and soldiers, unless provoked.
Oh, except for CIA of course, those shills can't wait to play nuclear chess game of chicken.
Now, CHINA on another hand, well, that is a different story. Just look at these: I would say a narrative is forming.
Chinese Biolab Near COVID-19 Ground Zero/url] 'Disappeared' Wuhan Whistleblower Doc Suddenly Sends Cryptic Message Leaked US Intel Report Accuses China Of Deliberately Lying About Coronavirus Figures The WHO Helped China Cover-Up COVID-19 FBI Report: Border Agents Stopped A Chinese Biologist Sneaking Viable SARS, MERS Viruses Into US Airport Not saying, it is Aliens, but..... it could be :) Either way fellow humans, stay safe, be healthy. **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation. ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ Feel free to request: your coin to be analyzed! Please keep those Stop losses in place! Thank you, Please, follow, help me get to a 1000 followers :)
I don;t even want to look at a monthly charts, cause i know how deep down we can really go. However!
We are getting closer to understanding the virus and how to deal with him.
And may i use the silly words of every day's briefing - due to President's leadership - shit has hit the fan - unlike anything the USA have seen since the WW2.
https://www.zerohedge.com/news/2020-04-01/new-corona-virus-cure-found-requires-blood-donation
Before i go into some LOL moments, let quickly touch the TA.
More for those that is still not aware of wim Hofmen: https://www.youtube.com/watch?v=YfAgSusi6t0
As we see, point B could not break through the resistance and hence forming a B point with a gap down and April Fools day sell off.
Now, where are we going to land. Well, we already touched 245. So it is very likely we are heading to 236, easily as the economic numbers are going to be turning for the worse.
You can't have countries in shutdown and expect a bull market.
This is why B point was rejected and reality is sinking in hard to the rest of the world, there is no way out, but to stay home and hope this COVID virus dies before summer.
Now, where is the C point?
So, i think, you have to assume there is no bottom which Price can;t reach, because we are in uncharted territory, and nobody knows anything, exept for one thing - infinite QE and negative interest rates - lol.
But really, where can we stall for a reversal - from a former point A, thus creating a ADAM and EVE pattern.
If C point fails to hold, then we are going to rapidly approaching $200, there won't be much stopping it. However, for this to happen, we must also experience some kind of new threat to the markets like: Natural Disaster or a GeoPolitical Threat.
I am sure we are going to touch 197! Unless, we got a remedy quick!
TA over.
Back to a quick GEO rant.
How quickly did we end those NATO exercises? Pronto, cause in the end it shows Russia boogie man of Europe is only there to maintain an outdated Cold War mentality that just does't want to die.
Which rational thinking human being thinks Russia is going to be invading any land via tanks and soldiers, unless provoked.
Oh, except for CIA of course, those shills can't wait to play nuclear chess game of chicken.
Now, CHINA on another hand, well, that is a different story. Just look at these: I would say a narrative is forming.
Chinese Biolab Near COVID-19 Ground Zero/url] 'Disappeared' Wuhan Whistleblower Doc Suddenly Sends Cryptic Message Leaked US Intel Report Accuses China Of Deliberately Lying About Coronavirus Figures The WHO Helped China Cover-Up COVID-19 FBI Report: Border Agents Stopped A Chinese Biologist Sneaking Viable SARS, MERS Viruses Into US Airport Not saying, it is Aliens, but..... it could be :) Either way fellow humans, stay safe, be healthy. **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation. ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ Feel free to request: your coin to be analyzed! Please keep those Stop losses in place! Thank you, Please, follow, help me get to a 1000 followers :)
Note
For those that can't seeNote
Interesting development, will this rally hold?
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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