POHKONG possible still forming a triangle. 12/july/21POHKONG price still in ranging while having possibility forming a triangle pattern.
Cycle
Pi Cycle Indicator says Bull Run is OverTraditionally used to time the top of market cycles, the Pi Cycle indicates that winter may be here to stay.
Idea inspired by: radamesmatos
Gold - Bull CycleGood evening ladies & gents,
Gold just displaced down nicely into my Buy Zone, triggering my pending Buy Limit.
Risk on this position is 1%, looking to swing it back to the Monthly Highs with additional points to add on from next week ideally.
Tomorrow is NFP, so be mindful that it can get pretty shakey.
Let's see how tomorrow pans out and it'll determine the trajectory of Gold from the next week onwards.
- AmplaFX
GBPAUD | Expect it Shortly with A stop huntGBPAUD expected move shortly after this Distribution
Please note that stop hunt will very likely occur... Entry upon confirmation and rejection
Thxxx
Bitcoin road to 200kI think this is one of the possible scenarios for bitcoin this cycle. I am not saying is going to happen exactly like this, but i think can be so similar. I think we bottomed and now we can reach $100k in next months before next big correction where everyone will think again "this cycle is end" before really big moves, mania phase and euphoria.
CHF/JPY - Lovely Downside PotentialWe've seen a pullback, lower high formed and more downside over the last couple of days. We're riding price down, long term targets around 117.80
Technically wise, we have seen a break from ascending structure, overextended bullish cycle, hawkish JPY outlook, price retraced to test trendline and key level in the market.
GOLD. Why Price still Ping Ponging?..24/6/21It Seem price of gold in consolidation without clear direction. Probably its price "refuse" to move up while waiting its down trend's "friend" moving down just to say "Hi ! And Kiss Good Bye....Before moving down to around 1730...
Bitcoin 24K Scenario - For bleed out Altcoins ReasonBig players shake-out small investors during this bloody shake-out. Reason is small investors still focus on altcoins which is not a recommended touch right now in my opinion. Wanna stay in the market - hold bitcoin. Wanna trade altcoins. Only for initial bounce, than take a profits back in BTC. Can't be hold altcoin more than one explosive wave.
YBS riding the minor trend on daily charta simple cycle analysis on daily chart of minor trend taken from peak and trough of the market.
KLCI Future Index possible Deep Correction as US Index. 21/6/21As "They" Said When US Future up, KLCI won't always follow.. BUT When US Future "drowning...."... KLCI will sing...l " I will follow You.....".. Maybe KLCI Next Major Support Could be around 1400
BTC /M3 CycleThis chart shows the strength of bitcoin in correlation with money printing and the strength of the dollar itself in the DXY index
I have come to the conclusion that the cycles and most importantly the current cycle of BTC can repeat the situations of 2017 with the help of the increase in the purchasing power of the dollar (DXY) while burning the dollar stock in its digital edition (Tether, BinanceUSD etc.)
More in part two.
GOLD intraday outlook dated 18 June. 2021GOLD. Short for last leg down for wave iii (green circled).. Stop Lost at 1791, Target Profit at around 1755
GOLD Alt View. Waiting for Long Setup ≈ 1780. 17/6/21GOLD ALt. View.. It's possible we are now at wave iii (green circled ) of wave C ( Yellow).. Waiting For Long Setup at around 1780 OR .. Waiting for Short Setup at around 1850...
GOLD. We probably @ wave e of triangle now. 13 June 21GOLD price seem like at wave e (green circled) of triangle now, long with Stop lost at 1869, Target profit at around 1960..
BTC Bitcoin Cycle Top Prediction 2022This is my chart prediction of the Cycle top. Time will tell.......
GOLD still ranging in triangle. 11 June 21GOLD. Short at around 1912 for wave e (green circled), Stop Lost at 1917, Target Profit at around 1880.. OR....Buy Limit at around 1880, Stop Lost at 1868.. Target at around 1960..
How to detect the active cycle length?This is a short tutorial on how to use the Detrended Rhythm Oscillator (DRO) to identify the current dominant cycle. The Detrended Rhythm Oscillator is an advanced Detrended Price Oscillator DPO which helps to spot the key market rhythm or beat for any symbol on any timeframe.
It automatically labels the length of current market high-high and low-low pivots which helps to see cycle harmonics and relations. The output should be used as input setting for almost all technical indicators which require and "length" settings for the calculation. Using this length setting based on the dominant market rhythm will help to ensure better accuracy to your indicators at turning points. The indicators get synced to the beat of the market.
The indicator is available as Public Open Source Script for your own usage:
Gold. Leading Diagonal maybe not completed yet. 9 June 21Gold possible still forming its leading diagonal pattern. Currently in wave 4 (yellow) ( possible any type of bullish triangle pattern )..Price could hold above 1850, the next support could be around 1870.. before ending its leading diagonal at around 1960...
GOLD could be in double three irregular complex pattern. 7June21GOLD possible could be in double three irregular complex pattern wxy waves ( green circled ).. Stay Aside... waiting for short at around 1912 at Quasimodo level , Stop Lost at 1917... OR waiting for long at around 1840-1830...
USDCAD Market CycleHere is a cycle that is about to be completed on the USDCAD M30. Follow it with keen interest
GOLD short for for wave A (yellow) of expanding flat. 3 June 21Gold , short for wave A (yellow) of the expanding flat. Stop Lost at today ( 3 June 2021 ) high 1910... Target Profit around 1950-1940 ( where there are the "zone" for demand /4 hours 200ema/ daily uptrend line and pullback area for monthly down trend breakout) untill next Monday after this coming Friday NFP..
The Bitcoin Cycle & Long Term TrendThe Bitcoin cycle is divided into three stages; a bull market, a bear market, and an accumulation period. Every 4 years, a new cycle begins when the (BTC) rewards for miners (those who verify transactions by unlocking new blocks) are cut in half, hence unleashing a supply shock in the face of rising demand that jump starts a bull market, historically speaking. So far, Bitcoin has experienced three halvings:
• 30th November 2012
• 9th July 2016
• 11th May 2020
According to the trend, the length of bull markets have increased whilst the length of bear markets have gradually decreased. Bear markets tend to last for over a year after a blow-off bull market top, after which a period of sideways consolidation begins - an accumulation period that is most optimal for investors to dollar cost average (DCA) into the market, in anticipation of an upcoming bull run.
With regards to the 2021 bull market, a blow-off bull market top can be predicted to occur some time between December 2021 and March 2022, taking into consideration the 4 year cycle trend, as well as the lengthening cycles trend. Major mid bull run corrections have also been a key observation in every bull market including the current one, which has shaken off hundreds of billions of dollars in market value, arising fears of a potential bear market. The upcoming bear market could be predicted to bottom at around $45,000-$60,000, according to long term trend lines.
