I am checking the nature of the XAGUSD from the previous 10-12 years chart. By looking at the nature of the chart I realized the following things: 1. Forming a Bearish Rally inside a parallel channel 2. Break the rally and forms a range 3. Completes the range and forms a parabolic shape/ cup n handle pattern 4. Moves upside after completing the pattern It...
BTC an Updated Forecast for BTC Price action in the coming months ahead in the bull market, My last forecast followed pretty accurately despite the only negative Thing being the slight time delay in the pattern Formation into the Drop. See y'all after summer it's been a fun and profitable ride down the Bitcoin Bear Market Mountain lol
HTFs - Right at the 3rd touch of a daily expanding formation approaching and breaking highs very correctively. This larger structure could be acting as a continuation from the previous bearish momentum. LTFs - Price becoming more and more corrective approaching outer structure and highs signalling sellers coming into the market. Price could reverse from...
HTFs - price has been in corrective phase for a few weeks and has formed an ascending channel with a slight expanding element which can be clearly seen on all time times. Highs that were previously acting as resistance have now been broken correctively | LTFs - 3rd touch of the expanding formation is being approached with price forming a smaller ascending...
HTFs - From daily down to 1H, price has been corrective for weeks and has formed an ascending expanding formation. Weeks prior, there was heavy bearish momentum which is clear when zooming to higher time frames | LTFs - Internal structure is clean with a middle section showing wave behaviour. Clue is the ascending channel at the end of the structure with the...
HTFs - earlier in the year this index went into free fall. It's "bounced back" but the overall state of price has been very corrective. Separating the patterns, I can see an ascending wedge which moved into an ascending channel and is now very near significant highs | LTFs - I'm just focused on the ascending channel section. There seems to be an expanding...
HTFs - this has been lining up for quite some time now, weekly shows an ascending channel which was completed at the 3rd touch and price rejected just short of long term highs (see screenshot). Should add that significant highs from May 2017 are already convincingly broken. There has been a decent move down, followed by a sideways HTF structure acting as a flag...
HTFs - HTF descending channel can be seen on daily chart and clearly rejected at 3 touch with bearish impulse and break of upward trendline | LTFs - first flag with clear structure acting as a continuation for more downside. 3 touch completion structure | ENTRY - not over complicating this one. High broken within structure, ascending nature at the top and...
HTFs - the weekly structure shows a clear sideways channel with major highs broken and signs of a bearish reversal to downside. Now forming a continuation structure with a slight descending angle. Price action pretty clean with identifiable patterns | LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and...
HTFs - zooming out to the weekly and daily charts to see a clear bullish impulse and price has been correcting ever since for a number of weeks, potentially acting as a bull flag for more upside | LTFs - essentially treating this as it's own pattern. Descending channels within descending channels and recent lows broken all points to a higher probability of a...
I believe that nature comes and goes in ratio, as waves push and pull and expanding or contracting phases and interact. Beyond the chaos there is a process of multiplication, duplication that happens through doubling and halving. Now Gann the real master is all about that and reflected in his angles (0,0.25,0.5,0.75,1) where price and time create a vector and...
HTF - still looking at the heavy bearish move from previous weeks, since then price has been in one large correction signalling more downside likely | LTF - separating the patterns to see a completed 3 touch ascending wedge followed by a larger bear flag. Clean middle section to flag and ascending channel is forming, hinting at pattern completion | ENTRY - ...
HTFs - originally was looking at an HTF bullish reversal but price is very corrective and looks to be forming a clear ascending channel signalling a downside move | LTFs - clear ascending wedge approaching 3 touch pattern completion. Nice middle section, price now forming an ascending channel within an ascending channel that has correctively broken the high...
HTF - significant drops have broken all time lows. False breakout to upside now price correctively moving back down to double bottom area | LTF - price decelerating towards lows and outer structure, currently within a descending channel signalling upside breakout potential | No need to rush this one with so much potential for upside. Will be waiting for price...
HTF - Can see that the most recent momentum has been bearish and past week or see has just been a steep correction to likely head lower | LTF - Ascending wedge/channel behaving as the correction lower but wasn't willing to cal the top of this move. Now market is giving a clue it's ready to continue down following break of recent high and bearish impulse...
It is simple Nature abhors a vacuum. So those gaps (empty space/vacuums/gaps) get filled regardless of what we can say or do about it. TA is can be done with minimal knowledge of Biorhythms and entropy. Gaps always get filled unless a system reaches catastrophic failure to the point where data points will always equal a parabolic trend indicator. This is a...
Potential area for a sell Any sort of Ascending Nature near the top of structure
ALPHABET: GOOG Alphabet has two habits: it makes significant double tops quite often (3 times in this 2 year bull run so far) and when it creates a gap at earnings season it usually comes back to fill that same gap around 4-5 months later - and when does this it tends to do it twice, creating double bottoms as well as double tops. This is the one stock amonst...