Future
USDCAD POTENTIAL LONGS (AGAINST TREND BUT WORTH IT)USDCAD -61.8% EXTENSION FULFILLED REACHING THE WEEKLY LOW
FALLING WEDGE ON THE 1 HOUR AND 2 HOUR CHART INDICATES A BULLISH REVERSAL COMING SOON
SEVERE 1 HOUR AND 2 HOUR MACD DIVERGENCE
ENTRY NOW OR UPON A BREAK OF THE TL OF THE WEDGE TO GO LONG ALL THE WAY TO 1.31500
MASSIVE RISK/REWARD HERE
WORTH THE RISK AGAINST THE TREND
Bitcoin line and time: Long-term bullish breakoutThe Bitcoin price has broken at the end of May 2016 out of the downtrend and is heading back into the very large uptrend (blue channel). Support is at 2800 "CNY" which is roughly around 425 USD. If the price stays in the blue channel, then the Bitcoin price could make a new all-time high in the year 2017 or 2018.
P.S. I originally created this chart seven months ago:
ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - wave V targetHere we are at the beginning of the wave V, although I was not correct about wave b of IV beeing irregular, wave c of IV played out as expected. Now we are able to draw wave V price target zone. Based on a Fibonacci 1.618 extension we can conclude that wave V will end between 0.037 and 0.05 BTC per Ether. Wave V will have 5 waves like wave III. Watch them carefully and let the market tell us where it ends.
ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - irregular wave BLooks like we're stuck in wave B of correction (of wave 4). This is an irregular (triangle) wave B - there are 5 waves in it (a-b-c-d-e). I've added two arrows to point out how such a wave B looks like, because it's rather rare. The end of wave 4 seems nowhere near, it can take whole April until it finishes.
ETH/ BTC - The BIG picture of current uptrendHere we have it: a perfect Elliott Wave in all it's glory. This view helps to get a bigger picture of where we are in the current trend. Targets are estimates only, as waves can get severly compressed and stretched both in time and price.
We'll be able to draw price target zone for wave V only after c of IV is concluded. I'll update the chart when this happens.
EURUSDmacro money margin market models momentum net offer ofset open order options paid pair patient pips portfolio profit pullback put quoStill waitingte rally range rate realmoney retail risk sector sell settlement short slippage spot stoploss swap swiss takeprofit technical trade trading trader traderslife trend unemployment value volatility wedge work
Palladium - Wedge for next movementChart shows everything but I'm on the short side of this commodity. Waiting a confirmation before entering a new position. But we could see a possible consolidation between 520 - 480
Cycle periods when to make money on the US stock marketSummary: Buy stocks in the year 2020-2022 with sell target 25000 in the year 2026
The trend trajectory for the DOW Industrial index is starting to get very bearish in the year 2017 at the latest. A time when Donald Trump might have become the next US president, which would strongly influence the world history.
After a sharp three year decline of the stock market from the highs of the year 2015-2016 a bottom for the large downtrend of the year 2017 might be near during or shortly after the year "2020". Two years later a very strong new rally could start in the year 2022 when the "DOW" could move back above 19000 points. This rally could last at least until the year 2026 where 25000 points could be reached on the "DOWI".
Worth reading:
The 56 Year Benner Cycle, "Periods when to make money" illustration by George Tritcht (1897)
www.ritholtz.com
"http://www.davidmcminn.com/pages/brenfib.htm"
visualoop.com
"The 2021 major bottom cycle would be correspondent to the 1949 major low before the big bull move until the 1960's." - The Benner-Fibonacci Cycle Model
jogarembolsa.blogspot.com
Economic Confidence Model (ECM)
www.armstrongeconomics.com
P.S. I hope Tradingview exists for so long that we can follow the accuracy of this chart over the next decade :)
P.P.S . As of publishing this chart the DOWI is below 16400 points (at 16398). If the chart gets messed up, here is a screenshot:
SHORTING EURGBP AT RESISTANCE, FIBONACCI LEVEL AND "BROKEN FANG"The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs.
We are also in an obvious downtrend on this pair as can be seen on the pink lines indicating lower highs.
Our stops go above the resistance level and I'm hoping to catch a 1:3 on this one as price should come back down to at least 0.7126. Moving my stops to breakeven when price hits 2/3 of profit.
Good luck everyone and as usual, hold your thumbs!
Longing EURJPY at fibonacci cluster confluenceEverything is on the chart guys. Fibonacci cluster consisting of 2 retracements (.382 and .50) plus the 100 extension from the previous price retracement. All of this lines up perfectly with previous support/resistance + that we're in a bullish trend.
Good luck everyone and hold your thumbs!
GER30 WAVE COUNT AS YOU CAN SEE I JUST COUNT WAVES.
I FIGURE OUT THAT PRICE IS MAKING A 5TH WAVE AND THIS WAVE HAVE AN 5 WAVES STRUCTURE TOO.
NOW PRICE IS MAKING THE 4TH WAVE OF THE 5 WAVE SEQUENCE THAT IS INTO THE BIG 5TH WAVE.
THIS 4TH WAVE IT SEEMS TO BE AN ABCDE PATTERN. SO I WILL BE LOOKING FOR THE BREAK OUT TO GO LONG. MAYBE IN LOWER TIME FRAME.
WHAT DO YOU THINK ABOUT IT? AM I RIGHT?