US Presidential Election Year Pattern 04-08-12-16Did anyone notice that the Covid19 Crash of 2020 fell to the level where Trump was elected back in November 2016?
I thought it would be interesting to use the "bars pattern" tool to copy the US Presidential Election Year price action of the $DJI Dow Jones Industrials and paste it to the end of 2019 to see how we are doing compared to the last 4 elections. I'll add some more after I publish this.
I hope you can find patterns in price action to help you find insights into market opportunities. Every day I am searching for ideas in the Key Hidden Levels Chat room and posting them as I see them.
Tim 11:30AM EST 10/20/20
Barspattern
#BITCOIN INVESTORS FINAL UPDATE LOL not gonna confuse anyone more then this won't look at HTF charts on btc anymore for a while :P
weekly has closed & looks like we are in HTF uptrend channel
as i am saying i am effin confused mainly cause of SPX, spx is looking more & more bearish so if it crashed BTC might just as well, i really want us to follow this chart & hold 8k levels
just in case it doesn't & we see black swan event this is my plan B to long around 6k levels!
i like this idea also cause of fibs, if we do get a bounce to 111xx levels & rejects fib targets line up with the uptrend channel
SO this is my final thoughts on BTC if it crashes we might see the bottom at around 6000$
EURUSD sell scalp setup w/ USDJPY pattern overlayTaken from UJ on Daily. UJ is a nice sell that I will let run. This is just a EURUSD 15 minute chart. Notice the TDI is showing more room up. Just pointing out that if u get a spike up creating divergence u can get an exact entry on a sell scalp, but I will just leave my nasty trades to run, no need to waste time on petty stuff.
BITCOIN | Don't PANIC... Bars pattern from 2016 Halving, MOON.Hey guys,
-
By now you should know how volatile Bitcoin and Stocks can be to the downside, even if you hold it, the chances are very high that you will recover if you're long from the tops.
-Bars pattern exactly matched to the day of 2016 halving, this is a interesting view to the price.
Enjoy the uptrend,
~
Mariano
This chart is not helping my fomoThe last stage of my long term trade plan is to scale BTC and eth into 3x leveraged eth.
This eth/btc chart I've been following shows time is running out for me to get the last expected pullback. All my other charts show I should have until about mid March to complete this so I'm sticking to that and not jumping the gun.
Nothing goes up forever and all the elliot counts say to expect an ABC correction on the day chart soon. However I am seriously considering dollar cost averaging a little ETHBULL starting tomorrow after I've had a night to sleep on it.
Eth has huge potential and this has the makings of the trade of the decade so I don't want to screw it up.
EURNZD AnalysisEURNZD made a strong impulsive move to the upside this past week. I am favoring a slight pullback in the form of a bull flag and then another impulse up to the 61.8% confluent with psychological level 1.73000. Overall I am bearish on EN but due to this impulsive movement last week I do see us eventually pushing up into 1.73000. Keeping a close eye on this. I am not a financial advisor. This is not financial advice. This is for educational purposes only.
EURNZD: History may repeat (Cloning technique)Hi there, I would like to share with you my view via the cloning technique as this pair has quite clean chart structure.
I cloned the left drop via bars pattern drawing tool and inserted it to the right in the blue color for visual comfort.
As you can see the current drop looks very similar and if it keep going so then there the correction could appear
between 1.7020 and 1.7260 - these levels are not mandatory and we just need to watch the structure carefully.
This could be a nice selling opportunity once the correction to the upside would be finished as another drop could be huge
as it is shown in the yellow zigzag.
CHF/JPYChf/Jpy appears to be exactly following a bars pattern taken from CAD/SGD's recent correction on 4hr, take a look for yourself. It already broke trend line and is at the point in the pattern that the next move out should be the breakout to break last high, and a little more. Should it break the low again, I would anticipate a better buy from the 108-108.75 area, possibly a little lower, but that would be too easy and the bars pattern looks beautiful. Once it actually breaks out and takes off, trail your stop. Not necessary to risk that many pips.