Multi-year
bitcoin long term trading plan. do not fomo. harmonics!im actually trading on a 4 hour chart but decided to show this chart as its the long term move. many oppertunities still to swing trade before bitcoin break this pattern for the actual next ATH!
its a good time to short now. buy back later and just follow the white line. ill post my 4 hour chart also.
The Case for a Multi-Year Bull Market ContinuationWas the last 17 months a breakout consolidation with a new multi-year Bull Market to follow? The DJI chart examines the previous multi-year Bear Markets with initial breakout consolidation and ensuing Bull Markets. Similar market structure is now in place for the Bull Market to continue. Time will give us the answer.
A Healthy Dose of Doom and GloomKeep away from sidewalks under windows.
MACD:
RSI:
Will the monster eat you too?
AUD/NZD's Multi-Year Cycle in Full Swing [Time For the Bulls]Another super awesome 'trade of the ages' on this SVP {Super Valuable Pair}! Another Super Valuable Pair similar to this one with identical price behavior is the FX:AUDCAD .
Remember the NZD/CAD trades opposite to this one due to the negative correlation.
I've been waiting forever for this Inverse Head & Shoulders to complete and lift-off and the party has now truly begun. Target's #1 and #2 have already been hit and the neckline hasn't even broke yet. My 3rd Target is the neckline itself then we really look forward to pyramiding those Buy positions aggressively. This sexy beast is just getting started just like almost all the other pairs with huge Daily and Weekly Head & Shoulder's formations like the Yen pairs just to name a few because they are literally popping up everywhere. I think Year 2016-2017 will be remembered as the year of the Head & Shoulders :)
The AUD/NZD and GBP/NZD have a high level of positive correlation with each other so I really expect both pairs to push tremendously higher. The only upcoming event that may potentially hurt any British Pound momentum is the "Brexit" decision which is on June 23rd, 2016 so we'll see but until then I'm bullish FX:AUDCAD , FX:AUDNZD and FX:GBPNZD . However, I'm bearish FX:NZDCAD , FX:EURNZD and FX:NZDJPY which I will talk more about at a later time.
Good luck traders, and may all your trades be profitable!
