$QCOM - Geometric reading of radially spaced projected trendsI'm applying a similar approach to Qualcomm, observing its interaction with a trend line that has served as both support and resistance for years, spanning over six years. This trend line is currently acting as a point of resistance, but given the robust market conditions and compelling reasons for a breakthrough, it presents an excellent case study. My charting methodology is akin to tracking the organic path of a living entity navigating through the geometric space of data and information convergence.
GEOMETRIC
SPX - Geometric Pinball - 7 Day Drop AnalysisAfter today's action of dithering around the pointy end of the wedge, we are beginning to see the geometry that will drive the coming drop down to the 3,950 level. Lot's of wedges, lots of drops, repeating until wave 5 falls just below 1.618x of wave (i). Timescales are indicative, but generally I find that "real life" takes longer so don't hold me to the dates. Like if you want more updates.
selby_exchange - BTCUSD - $39k - Geometric Extrapolation (1D)Selby Geometric Extrapolation Structure for BTCUSD Bitcoin
Timeframe: 1DAY interval
March 2023 - May 2023
Exchange: COINBASE USD Pairing
Forecast: $28000 - $39231 (May 26th 2023)
With 'custom ratio' fibonacci extension levels
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
y = mx + b on SPY30 Degree angles are very cool!
The dashed lines are Support and Resistance levels derived from the geometry overlayed on price.
The Red lines are there to signify significant time cycles that are cyclical.
The last of which in this particular model lands on September 1st.
The circles are also very crucial in their own right and not all of them were added to this pattern.
If I were to add enough to fit inside of the larger circles, there would be six in each one.
Feel free to give some feedback!
BTCUSD major resistance watch. Same line across the cryptoverseMarking this crossing of the silver line as an important event to watch. Im hopping for this to be the pull back needed to launch us into the next zone of value, then we can wiggle around there for the next year as the market rebuilds and blockchain revolution really takes hold.
EURUSD SIMPLE PRICE ACTION TECHNIQUE USING GEOMETRICWatch out for false breakouts and execute the trade with a trend confirmation
The "Diamond" pattern is very reliable and consists of four-sided price action.
It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together.
"Diamond" patterns are both continuation and reversal patterns.
If the pattern occurs in the midst of a trend, it will present a continuation of the trend in the same direction prior to the formation.
If the pattern occurs at the tops or bottoms, it will be a reversal pattern.
Trade: In "Diamond" patterns, continuous patterns form more often than reversal formations.
In a continuation pattern, wait for a breakout of the "Diamond" pattern and trade in the direction of the trend prior to the pattern formation.
In reversal formations, trade in the opposite direction of the prior trend.
Confirm breakouts and breakdowns by price-action.
Target: Continuation "Diamond" patterns provide excellent target criteria.
The prior range before "Diamond" formation is the target from the breakout or breakdown level.
In reversal formations, prior major swing highsllows are set as the targets.
Stop: Place a "stop" order above the high of the " Diamond pattern for a short-trade and below the low of the " Diamond for a long-trade.
EURUSD SIMPLE PRICE ACTION TECHNIQUE USING GEOMETRICWatch out for false breakouts and execute the trade with a trend confirmation
The "Diamond" pattern is very reliable and consists of four-sided price action.
It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together.
"Diamond" patterns are both continuation and reversal patterns.
If the pattern occurs in the midst of a trend, it will present a continuation of the trend in the same direction prior to the formation.
If the pattern occurs at the tops or bottoms, it will be a reversal pattern.
Trade: In "Diamond" patterns, continuous patterns form more often than reversal formations.
In a continuation pattern, wait for a breakout of the "Diamond" pattern and trade in the direction of the trend prior to the pattern formation.
In reversal formations, trade in the opposite direction of the prior trend.
Confirm breakouts and breakdowns by price-action.
Target: Continuation "Diamond" patterns provide excellent target criteria.
The prior range before "Diamond" formation is the target from the breakout or breakdown level.
In reversal formations, prior major swing highsllows are set as the targets.
Stop: Place a "stop" order above the high of the " Diamond pattern for a short-trade and below the low of the " Diamond for a long-trade.
USDCAD GEOMETRIC TRADING DIAMOND PATTERN USDCAD
IS forming a Diamond mid trend or top reversal on its minutes chart.
The price is trading the mid range of the diamond pattern at 50% 1.27506 AB.
The "Diamond" pattern is very reliable and consists of four-sided price action.
"Diamond" patterns are both continuation and reversal patterns.
If the pattern occurs in the midst of a trend.
It will present a continuation of the trend in the same direction prior to the formation.
If the pattern occurs at the tops or bottoms, it will be a reversal pattern.
Diamonds patterns can be trade both directions after the breakout levels.
If the diamond pattern breaks above 1.27832, them will be looking at TP1 1.28233 61.8% AB and TP2 1.28479 100% AB.
If breaks below 1.27186 them we will be looking to target the downside TP1 1.26791 61.8% BA and TP21.26544 100% BA
STPS will be placed above/below the high/low previous to the breakout.
EURUSD GEOMETRIC TRADING (ABCD PATTERN)EURUSD has formed an ABCD pattern on its daily chart.
Price is trading above the entry level 1.12075, after a diamond bottom pattern formation in the hourly chart
price is trading the first target 61.8% BCD 1.13119,
targets above :
78.6% BCD 1.13623
100% BCD 1.14168
1272% BCD 1.14979
GBPJPY GEOMETRIC TRADING (DIAMOND PATTERN)pay attention to fake-outs diamonds are good at it, and always execute the trade after the breakout with confirmed trend don't be a dick for few pips
The "Diamond" pattern is very reliable and consists of four-sided price action.
It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together.
"Diamond" patterns are both continuation and reversal patterns.
If the pattern occurs in the midst of a trend, it will present a continuation of the trend in the same direction prior to the formation.
If the pattern occurs at the tops or bottoms, it will be a reversal pattern. Diamond "tops" form more often than Diamond "bottoms."
Trade: In "Diamond" patterns, continuous patterns form more often than reversal formations.
In a continuation pattern, wait for a breakout of the "Diamond" pattern and trade in the direction of the trend prior to the pattern formation.
In reversal formations, trade in the opposite direction of the prior trend. Confirm breakouts and breakdowns by price-action.
Target: Continuation "Diamond" patterns provide excellent target criteria.
The prior range before "Diamond" formation is the target from the breakout or breakdown level.
In reversal formations, prior major swing highsllows are set as the targets.
Stop: Place a "stop" order above the high of the " Diamond pattern for a short-trade and below the low of the " Diamond for a long-trade.
AUDCAD GEOMETRIC TRADING (DIAMOND PATTERN )pay attention to fake-outs diamonds are good at it, and always execute the trade after the breakout with confirmed trend don't be a dick for few pips
by Constantino CM
The "Diamond" pattern is very reliable and consists of four-sided price action.
It is also similar to adding two "triangle" patterns, Inverted and Symmetrical, together.
"Diamond" patterns are both continuation and reversal patterns.
If the pattern occurs in the midst of a trend, it will present a continuation of the trend in the same direction prior to the formation.
If the pattern occurs at the tops or bottoms, it will be a reversal pattern. Diamond "tops" form more often than Diamond "bottoms."
Trade: In "Diamond" patterns, continuous patterns form more often than reversal formations.
In a continuation pattern, wait for a breakout of the "Diamond" pattern and trade in the direction of the trend prior to the pattern formation.
In reversal formations, trade in the opposite direction of the prior trend. Confirm breakouts and breakdowns by price-action.
Target: Continuation "Diamond" patterns provide excellent target criteria.
The prior range before "Diamond" formation is the target from the breakout or breakdown level.
In reversal formations, prior major swing highsllows are set as the targets.
Stop: Place a "stop" order above the high of the " Diamond pattern for a short-trade and below the low of the " Diamond for a long-trade.
Geometric, trendlines and fib structures for mapping bearWe have crossed the 10% correction on Nas in rapid manner. The wise investor has a roadmap, doesnt blow their load in one go.
Using an arc that originates at covid low and terminates at the oct 2018 high, intersecting a long term nas trendline that captures pre 2018 support.
fib extensions of the spring/breakdown zone that we experienced between 15.5k and 16.7k point to (1.618)12.875k, and (2.618)10.44k.
fib retrace from 2018 low place a focal point almost exactly at nas 10k. The arc provides room for upside and criteria for breakout from the bear market.
This doesnt need to be a bear market, (we can V shape back to 'normal' again), but quantifying protracted downside can help map things out.
If you dont prepare, then prepare to get smoked! -queso_lord
The space DOGWe know, DOGE-1 IS IN THE STARTING BLOCK!
There will be movement at the end of the year, early next year!
This is a very volatile crypto ... Difficult to analyze.
The team around the Dogecoin is very solid over the long term, no worries to have. There are big names.
There are several steps to cross... The action will most likely go between .32$ and .48$...
More can be with the media effect and the craze ^^
BTC and it's Geometry (current week)BTC is currently grinding along/down it's Upper Weekly Geo Line (yellow descending arrow). So far, nothing alarming on either side (Bear or Bull) is happening...which has been good for many alts.
The two Pink Arrow sets are what I'm watching out for currently. If we lose this Upper Geo Line (and last week's EQ by default), I'd be looking for last month's EQ, 55.2k, to be tested, possibly/likely the Lower Weekly Geo Line as well (currently 53.5 or so, and descending).
The Blue Arrows are what current Geometry is suggesting, should we stay within our current range.
A closer look into this week's action shows we're at an important inflection point....
Monday: we put in a Bullish Engulfing, Running the prior lows before sending us higher.
Tuesday: we had a nice Bullish Thrust day, clearing liquidity above last week's High.
Wednesday: we took a nice dump, running Tuesday's Low, but finishing back towards the High of the Day. This is where it gets interesting.......
Thursday: we slowly grind out way down, creating an Inside Day, respecting Wednesday's Low.
Friday: we attempt to push up, but find ourselves back near the Lows at close, creating yet a SECOND Inside Day.
Today, Saturday....(Pink Oval) we find ourselves having WICKED the Friday Lows...but are (currently) respecting the Lower Daily Geo Line, Last Week's EQ, and Today's Projected Geo Low.
Bulls do not want to see action on the 1hr/4hr start closing, and worse, rejecting from these lines. Wicks are fine. But if we see closings/rejections....The Bearish Pink Arrows from the Macro image become a much larger likely path for BTC.
If we start grinding higher from here, regain the Upper Projected Weekly Geo (Dashed Orange), and possibly Yesterday's EQ (61.7k), the Bullish Pink Arrows scenario from the Macro image would be my go-to, until otherwise noted.
As always, good luck, have fun, and practice solid risk management!
NQ GeometryAll these lines and angles are based on the small circle up top and the horizontal vector that it creates.
I picked the Nasdaq futures instead of cash because I was too far into the analysis when I realized it. Not going to make a huge difference since the Nasdaq is truly a harmonic structure through and through.
The blue line projects out long-term starting from now. That is all.
-Pigonometry101
FRED:NASDAQ100
TVC:IXIC
TVC:NDX
CURRENCYCOM:US100
TVC:SPX
CURRENCYCOM:US500
BTC - Updated Weekly MomentumThis is a follow-up to earlier charts where I am tracking the squeeze momentum, ADX, MACD and moving averages to derive some (hopefully) meaningful forecast in the geometric sense- ie. try to plot the trends on the histograms and trend angles on moving averages and signal lines to forecast where we might see bullish crosses/breakouts.
So far this box in place for "possible recovery" seems to align with the current rally. Time will tell if this actually works.