Tradingcycles.net
EurJpy. Technical analysis is a numbers game.
Trendline
2 supports
Maybe low volume, maybe bullish inverse divergence. Keep an eye.
Aud/Usd Head & ShoulderAs I wrote yesterday (see related idea) we are around the end of the weekly cycle and, now, with the movements of today, it's about to complete a head and shoulder. Double probability.
I placed a buy order at 0,7515
SP500 next buying levels.Higher high = bullish trend -> buy the dips .
Next levels:
Top of the previous channel + Moving average
Trendline
Previous resistances (high probability).
Ger30 on the 5th wave.Following the standard movement of a cycle ( explanation here ) we are on the second top (also known as 5th wave for Elliot).
Looking for buy entry since the bigger trend is bullish (higher highs and lows)
Michele,
Tradingcycles.net
GBP/JPY - Buying idea.Same as Usd/Jpy (related), trying to buy the dip.
Support + cyclical moving average 139.00
Usd/Jpy - Buy the dip!The price is now decorrelated from the weekly cycle (not shown here) so, back to usual pure technical analysis:
Usd/Jpy's just broken the last top so I'm looking to buy the dip .
Next levels: 105 - 105,50 (cyclical moving average + channel) and 103.50 (two supports)
How to identify support and resistance using the trading cycles - HERE .
Like the idea if you agree,
Michele
Tradingcycles.net
GBPUSD weekly cycle updateWe are around a multi-year low so there aren't many support (both static or dynamic).
The only thing we can see is that the weekly cycle it's ready to reverse (speaking about time) around a higher low. (Bullish situation)
Looking to buy around the two green arrow.
Tradingcycles.net
EurUsd Weekly Hurst cycle.After the perfect swing low of yesterday (see related chart) It just did a lower low , so following the Dow's law, we are in a bearish trend so I will look to sell (never try to catch a falling knife).
Hurst cycles suggest around Monday of the next week.
AUDUSD Weekly Hurst cycleThe Aussie is in its time-reversal area.
More:
2 support
Bullish trendline
Stoch divergence
GBPUSD at a cyclical turning pointGBPUSD respect the market timing ( weekly hurst cycle ) for the 66% of the times in the last month.
Is going to repeat itself?
Eur/Usd Short bias
Weekly cycle is bearish. (Grey)
Resistance at 1.1085
Weekly cycle's moving average as dynamic resistance.
I'll try to sell the high of the daily cycle.
