Harmonic Math BTCThe multiples reference the Golden Ratio (1.6) and the Fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21). These are important mathematical numbers. These specific multiplications of the 350DMA have been very effective over time at picking out intracycle highs for Bitcoin price and also the major market cycle highs.
Goldenspiral
GBPUSD 4H from current area Long buy idea
from current area 1.3010 - 1.3050
TP1 : 1.3184
TP2 : 1.3283
SL : 1.2873
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
EURAUD Short Selling Structure
After breakdown and close
Below Blue support line !
From : 1.62330 - 1.62140
Targets : TP1 : 1.61115
TP2 : 1.59940
Stop loss : 1.63220
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
EURJPY 1H Long buy Structure Long Buy Structure
From : 119.373 - 119.450
TP1 : 119.885
TP2 : 120.200
Stop Loss : 119.130
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
XAUUSD Long Buy Long buy
from : 1475.18 - 1473.28
TP1 : 1485
TP2 : 1490
Stop Loss : 1463
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
XAUUSD 4H Short opportunity Short opportunity
Current level 1512 - 1515
TP1 : 1478 .65
TP2 : 1461.27
TP3 : 1440.80
Stop loss : 1574.20
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
DOW JONES / US 30 / DJIA Short sell trade Potential short sell trade
from : 27150 - 27050
Targets
TP1 : 26360
TP2 : 25880
Stop loss : 27600
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck
EURAUD 4H Long buy structure Long buy structure
From : 1.60100 - 1.59800
Targets
TP1 : 1.62300
TP2 : 1.64350
Stop loss : 1.57400
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck
WTI / USOIL We can get a long buy tradeWe can get a long buy trade
from recent levels 58.30 - 57.80
TP : 60.44
SL : 56.00
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
EUR/JPY 4H long structure Long buy structure
Potential entry level : 120.550 - 120.300
TP1 : 121.400
TP2 : 122.100
TP3 : 122.900
Stop loss : 119.650
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck
Polar Equations Applied To Technical Analysis - SpiralsIntroduction
A trading chart is a two dimensional coordinate system, therefore it is possible to use different curves/figures in order to provide predictive insights, at the end this is what most technical analyst rely on (support resistances, squares/circles...etc) , so geometry play a key role on technical analysis and the number of methods is only limited by traders imagination. Spirals is one of the tools available to traders and i want to understand them a bit better while also sharing information i gathered.
The Polar Coordinates
The polar coordinates can specify the position of a point in space by using coordinates r and theta . r is defined as the hypothenuse while theta is the symbol for the angle, it might be useful to get a reminder of coordinates and get a more graphical explanation of what i said.
In a cartesian coordinate system we can specify the position of a point in space by its position relative to x and y like shown below, this position is defined by how far away the point is from the origin (x) and how up it is (y) .
The polar coordinate system as i mentioned before use other informations to specify the position of a point in space, it use the hypothenuse r and the angle theta . r tell you how far the point is from the origin while theta will tell you about the direction and how far up the point is.
While specifying the position of a point in the cartesian coordinate system just involve taking the value of x and y where the point is situated, the polar coordinate system will need a bit more calculus to specify the position of a point, first gather the cartesian coordinates x and y of the point then calculate theta and r :
r = sqrt(x*x + y*y)
theta = atan(y/x)
Converting from polar to cartesian consist into :
x = r*cos(theta)
y = r*sin(theta)
Polar equations enable you to represent circular functions in the polar coordinate, spirals are a case of curves that can be made with polar equations and that are used in technical analysis.
Polar Equations And The Golden Spiral
Spirals have polar equations in order to be show'n in the polar coordinate, the simplest spirale (Archimedean) have this form :
r = a + b*theta
The equation look like a first order polynomial while a and b are parameters related to the properties of the spirale. a basically tell you where the spirale will start while b control the position of the roots, roots are simply the point where the function cross the x axis, for example :
r = 0 + 1/pi*theta
Is a spirale which start at 0 and have roots : 0,-1,2-3,4....
Now lets talk about the golden spirale also called Fibonacci spirale, the logic behind Fibonacci methods are that the Fibonacci numbers are common in human environnements, and because human operations affect the market Fibonacci numbers could highlight humans patterns from price, of course this way of thinking is quite theoretical and since those methods use past data, returns will converge toward losses on an efficient market, however we can still try to look at the golden spirale and draw possible ideas/conclusions.
The golden spirale unlike the Archimedean use a growth factor, therefore the roots won't be equally spaced, the polar equation of a counterclockwise golden spirale is :
r = a*b^(theta*(pi/2))
a = is the origin of the spiral, if a = 1 then the spiral will start at x = 1
b is the growth factor, higher values will create more spaced roots.
Methods And Ideas For The Golden Spiral
Before drawing spirals on the chart make sure to lock the scale, in order to do so right click on the scale at the right and click on "Lock Price To Bar Ratio".
When using spirals we can be tempted to draw a lot of them, in fact you can see a lot of other analysis with a myriad of spirals on the chart, but try to keep it simple. There are a lot of ways to use spirals, like the majority of fibonacci methods our analysis can start by detecting a local maxima/minima (swing high/low) and its next local minima/maxima (swing low/high) , you can also use the global maxima/minima. A method using this approach by using only local minima's is show'n here :
Another way that can actually provide an interesting method to spot on reversals is by using the spiral with two near tops/bottoms, this setup can be found near W or M patterns.
Counterclockwise spiral when using tops for the setup, forecast the next support.
Clockwise spiral when using bottoms for the setup, forecast the next resistance.
You can spot longer terms support resistance if you use a clockwise spiral for forecasting a support and counterclockwise for forecasting a resistance.
Conclusions
I have show'n what are spirals and how they can be used to predict next local maxima/minima. Now i'am not a fan of figures and geometry applied to technical analysis so i'am not really good in that field but its always fun to try new things. You can see from this article that any figure can be made from an equation and that you can exploit the coordinate space in a lot of different ways. So i hope you liked the article and if i made an error somewhere please let me know.
Thanks for reading !
EUR/JPY 4H Looking for long buy Bullish structure
for long buy we have to wait breakup the Wedge and
close out of it to get a trade from 122.800 - 122.960
or we can long buy form 122.200 - 122.00
TP1 : 123.880
TP2 : 125.000
SL : 121.940
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
XAU/USD 4H long opportunity we have several technical
reason for long buy gold
from 1282.15 - 1280
TP1 :1294.50
TP2 :1302.00
TP3 :1310.00
STOP LOSE : 1274
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >
AUD/USD Daily long opportunityWe have a bullish pattern to get
long buy from 0.68250 - 0.68050
TP1: 0.69800
TP2: 0.71000
SL: 0.67300
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck
AUD/USD 4H Long opportunity Bullish sturcture
long (buy) from 0.69410
TP1 : 0.69850
TP2 : 0.70120
TP3 : 0.70900
STOP LOSE : 0.69150
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
US OIL / WTI / CRUDE OIL This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
AUD/CAD 4H Bullish structure for long trade Bullish Structure
we can get a long trade (Buy)
when the price arrive to entry
level : 0.93250 - 0.93170 with
TP1: 0.93700
TP2: 0.94000
TP3: 0.94400
Stop lose : 0.92900
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
USD/CAD 4H Short (sell) opportunity we can get a short trade when the price
rise up to short levels 1.35880 -1.36230
targets and stop lose on chart >
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
WTI / USOIL / CRUDE OIL 4H at critical zoneCritical zone for USOIL WTI
A >
breakup red resistance to out
of flag channel line will be a
short trade signal . targets :
TP1 : 63.20
TP2 : 64.00
TP3 : 65.00
Stop lose = TP1
B >
breakdown green support
line will be a short trade
signal . targets :
TP1 : 60.20
TP2 : 58.40
TP3 : 57.25
Stop lose = TP1
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
EURJPY / 4H bullish formation we can long now from 123.200
TP1 : 124.200
TP2 : 124.900
TP3 : 126.000
stop lose : 122.680
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
GBP/NZD DAILY technical review we have more than reason for short this pair form short levels
targets are clear on chart . stop lose = first target or less
than it . we must be careful about risk management because
we are on daily chart >
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
DXY / USD INDEX Technical reviewDXY / USD INDEX Technical review
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
EUR/CHF 1H we can short bearish structure EUR/CHF 1H we can short bearish structure
stop lose = TP1
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>