Prediction
USDCAD Bullish but...wait. USDCAD will head higher but wait, not so fast. The sellers are still in control here. We have a bullish harmonic but this pattern will fail... then later return up giving us over +300 pips. Watch and see. The patient wait. YOu can short it first then buy... I give you the bottom and the top. Aren't I nice?
What if you could measure the highs of a trend to Predict range?So while looking at this per request I noticed something that jumped out at me. and this is wheat I found.
I thought it was interesting....
So I am posting it as a tutorial...
by iCantw84it
05.27.2021
FB Prediction and breaking down Wyckoff in 5 steps (the Curve)Before I knew what wyckoff was, I saw something in the market and studied it 12 hours a day for 8 months. Even made a rule set for it. It wasn't until 2 months ago I started looking to find the missing pieces of the puzzle. Thats when I found wyckoff. Wyckoff is the technical step by step version of what the curve is, except I can explain the curve in 5 steps vs 16-24 over 4 different variations and 4-8 different variations of that. It's a little too much for the avg person. The curve is purely visual and easy to understand. In this video I go over Facebooks price action and correlate that to both wyckoff and the curve.
If you would like to see more videos like this please like follow subscribe, and leave a comment below. This will help me guage if there is a need to learn more.
I have acquired savant syndrome , 1 of 33 people in the world, who have gained a talent after a traumatic brain injury. At first it was just art and painting. I never was great at drawing and I couldnt paint before the wreck. 11 staples later I was paint portraits near realism and spray painting 50ft by 50ft buildings, even though I had never held a spray can before that. I started looking at charts 9 months ago and have spent more than 12 hours a day since looking at them. The curve is my baby, I found wyckoff a few months ago. Together it gives me a vast understanding of whats happening in the market and where price should go. I combine this with some other things I have found in the market to plot trend lines that should envelope Price action and even predict the highs and lows as it moves.
I use these trendlines not to predict really but to give me a non emotional trigger to either get in or stay out of the market. If Price Action respects the trendlines, then this would be a stock I would play. My target is the highs and lows of the trendline. Simple enough. I have started with an extremely small amount of money and have made more that 5 x my money which is hard when you can't really play stocks that are known for moving because they cost more. Finding cheaper option plays that are going to pop with momentum is what I have used this with in order to build my account large enough to play stronger more stable option plays like HD GS etc...
Thanks again for watching,
iCantw84it
05.15.2021
Pulse Check On $DOGE (See My Other Vids To Validate)From what we are seeing, Dogecoin has now re-entered accumulation phase. In my previous vid, I estimated $0.69 and we nailed it 3 times. Traders has 3 chances to hit it and exit but I think it is safe to say that greed go the best of them. Going forward, the next main target zone for Dogecoin isn $0.519. Once we breach it, we can see a climb to $0.65, which is the ultimate resistance that needs to be broken.
This accumulation period can range from 3 to 12 days based on historical data so be patient and do not take unnecessary losses.
As always, happy investing!
Apple Stock Update | Technical Analysis on the price action $AAPTeam,
Hope you had a fantastic week trading . I am currently in the City of Angels aka LA visiting my in laws. Had a solid week of trading but not much time to provide my updates and predictions.
We were trading flat today but the key here is we validated some very key support levels. I am sure you noticed the price action yesterday and today and how we consolidated in a tight range.
In this video I suggested adding the RSI to multiple time frames, 1, 5, 15 mins. The more conviction you have on a stock being oversold and looking left the better timing you will have on your entires.
In addition, I recommended adding the average true range technical indicator to help you manage your risk better and understand what range does the stock normally trade within.
If you found this video helpful, please do hit that like button. Appreciate the support as always, best of luck! NASDAQ:AAPL
GBPUSD- Idea!If price breaks through (1.24069) Go Long to take profit (1.26476) that is 240 pips.
If price breaks through (1.22875) go short until take profit(1.21643) that is 121 pips.
Also as you can see there is a possible head and shoulders pattern If price breaks the neck line (1.21643) Go short the first take profit is (1.20227) that is 141 pips and if price breaks (1.20227) take profit two is (1.14847) and that is 536 pips that is a total of 677 pips. Very Big Move!!!!!!
Bitcoin Following this chart Follow Up Above Pink Line NEXT 7PMBitcoin USDT I said if it touched pink at any of those times it may dive to 9200 and lower but if it stayed above pink area it would get into highlighted triangle and jump to 9900 and above. BTC stayed above the pink and now is in the triangle in the 9900s. NExt check might be 7pm Chicago time when it hits edge of triangle MAYBE
Im not telling anyone what to do with money - only observing that BTC seems to be following this chart right now
How we correctly predicted Bitcoin's crashThe longest over expanded period period's 1.25 standard deviation was crossed and bitcoin has entered its compressionary period to restore the market to a state of potential energy. Trend cannot continue until the 225 period WAVE PM compresses below the 0.7 value, which should result in a sustained sideways move.
This will be the beginning of alt season.
When BTC goes up, alts dump.
When BTC goes down, alts dump.
When bitcoin does nothing is when alts have the legroom to thrive.
I will be attempting to buy the dip on BTC and enter relevant altcoin longs at the same time.
ENG RVN and XRP immediately come to mind as having high upside potential.
For more information on the terminology used here,
random stuff pt 2checking back in after last nights video. Had one winner (KEYBTC) with a nice 15% profit. MFTBTC im still looking at... probably on wave 4 still idkkk. still new to elliott waves so if you have any advice/tips.... shoot 'em!
HOW TO IDENTIFY BREAKOUTS FROM INSIDE THE PATTERN! An analysis on BTC and AMD today with an overview on some interesting features on WAVE PM that allow for predicting large moves before the range even breaks!
Some very powerful tools and paradigms are at work here, if you'd like to learn more about the indicators do follow the links in the signature.