USDJPY - Short term actionTo be played in few days..
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Cheers,
Keops
Magic72
USDJPY short term projectionIt seems that it will go lower I expect 113.087 tomorrow then it might go lower if the price react to the 108 degree angle.
Use the screenshot below to readjust the chart:
Cheers,
Keops
S&P 30 min view projectionThe S&P is about to it a 108 degree drop angle, IF POSITIVE the price will start moving down and drop (after Fib 0.236 been hit) to hit 3.96 resistance level and FIb 100% retracement level (about 2022).
Use the screenshot below to readjust the scale:
Cheers,
Keops
Map-O-SpreadCADUSD chart using experimental Magic72 technique. Right now the price is sitting on 0.45 support arc line. IF it doesn't hold it will resume it's downward path inside the the sub channel lines to hit 0.7354 on April 06 which is on the 0.63 support arc line and Fib 38.2 retracement line.
I hope you like this kind of TA.. I invite you to check previous Magic 72 posts and hit the play button to see how the market reacted.
BTW this is just the tip of the iceberg.. there is tons to show but the platform limits me I might post in the future, screenshots hosted elsewhere to illustrate new concepts / techniques that can't be easily drawn on TradingView.
Use the screenshot below to readjust the chart:
Cheers,
Keops
S&P - Hourly ProjectionExperimenting on 60 minutes timeframe on the S&P. I suspect it will go down soon..
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EURO/USD short until the end of April ?EURO/USD may go down until the end of April if the pattern is not broken of course.
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Gold 30 min view ProjectionExperimenting on 30 min timeframe. Gold seems to breakout of a downtrend.
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EURO/USD - 4h view Now - March 25thIt seems that the 72 angle has an effect. We could go down to around 1.1145 and bounce back to around 1.1246 (1.121 may be the resistance) then go down again to around 1.10789.
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EURO/USD SHORTExperimenting on 30 min timeframe. It looks like it is going to hit the 108 angle and will go down 1.12232
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S&P Daily ProjectionWe have just passed a time cycle line and are just about to hit a 99 degree angle (81 degree reverse), if positive the S&P will go down fast to the 1906-1907 level. A rebound might be in the cards around 1968.
See the chart below to reajust the scale if needed:
DB will potentially go downward in the coming daysUsing experimental Magic 72 technique.
Use the screenshot as a visual guide below to reajust the chart...
Long Facebook until FridayLong Facebook until it reaches 111.81 this Friday then short until next support zone around 107.65
Static screenshot:
BTC ProjectionExperimenting on 60 minutes time frame with Magic 72 technique.
It's always a possibility that R1, R2 or R3 might have an effect that break G1 (36 degree angle) support line.
Use the static screenshot below to reajust the chart scale:
EURO/USDUsing Magic 72 experimental technique. The dotted redline may have no effect, if so uptrend move to around 1.12 until March 18 (option 2).
Reajust the chart scale based on the static screenshot below
Static screenshot:
S&P Crash Possible ScenariosI was doing an analysis comparing 2008 and 2016 and I found that if we go down very soon, it will confirm the downtrend channel (144 degree purple lines). More than that, we are also just right before a 108 degree angle. I draw 2 options from that point.
Option 1: Mother of all crash in the red upper part channel.
Option 2: Major downtrend waves in the purple channel
You might need to reajust the scale of the chart a little bit, see screenshot below as a guide.
Static screenshot image
S&P500 Weekly Not Looking GoodThis weekly chart of the S&P500 shows that another BIG wave down is coming soon. We could go to around 1775 last week of April - first week of May then a dead cat bounce to around 1652 in mid June.
Static screenshot below:
