Gweilo

Gweilo

Truly a 50/50 from here depending on the gap up/down tomorrow. My best guess? Bullish.

Gweilo

BTC breakout and close over ATH. Short term bullish on BTC and lagging alts.

Gweilo

If TSLA can put in a solid close above the 200sma and downtrend line I am bullish for the short-mid term at least up to the .38 fib at $320.

Gweilo

Unhinged SPY analysis for anyone who's interested.

Gweilo

Unhinged SPY analysis for anyone who's interested.

Gweilo

Multiple bullish indicators despite the negative headlines. 200sma + rough trendline and fib.

Gweilo

Been tracking trends and fibs on Tesla for awhile. Here you go.

Gweilo

XLE Similar pattern as SPY just at a steeper angle. Has more downside than SPY. Another solid contender for put options off of the pattern backtest.

Gweilo

SPY backtested and rejected the channel breakdown. I will be playing put options and targeting 230. Posted this in Wave Analysis because this would make a perfect 3 wave correction but with a subdivided 5 wave. Last SPY put opportunity played nicely.

Gweilo

TLRY Daily Chart (Logarithmic) Falling Wedge Pattern Have played this to the long side before nicely Trade the breakout

Gweilo

As I have pointed out before, BTC likes to bounce at the .886-1.13 and the .618 retracement. Every retraced run has resulted in 100% accuracy of the predicted move within roughly 100pts of the retracement mark. The retracement for 2 runs ago gave a nice bottom pattern within 100pts, and now this leg up has come within 100pts of the .618. The strategy is to...

Gweilo

Popular momo runner setting a hammer-ish candle at the .707 retracement of its lifespan and also setting at the 20sma. Worth a watch for you low risk trade atm assuming no overnight gaps.

Gweilo

We touched heavy fib resistance 3 days ago and have received 2 red days since. Retracements plus projections. I am projecting that this is a heavy resistance level. If we can rally through this zone I expect to see prints near the 1.618 retracement level of the first major pullback. At these levels I am remaining delta #neutral.

Gweilo

Only posting this because somebody asked. I don't trade crypto anymore. May still chart it because it's fun. My potential reversal zone is between the .886 and 1.13 retracement of its last run. This has proven to be an effective pattern for BTC. Put it in prices so you can have an official PT.

Gweilo

Called the recent bottom to the T and the move up to the 74-75 area. My official target was 7499 the .618 retracement of the last run.

Gweilo

No need for harmonic patterns just a fib retracement. Look how BTC likes to bottom out in the .886-1.13 range and then top out at the .618 of that run. Its pretty simple, this pattern aligns itself with the futures model expecting a leg up but still shorter than the last leg. BTW i type in my fibs to the exact coords so that I know they are precise. This target of...

Gweilo

BTC has proved itself to be very harmonic. Presenting multiple harmonic trading opportunities. It has also proven to follow the precious metals futures model I have outlined in previous posts. This model has been very accurate and predicts a leg up here followed by painfully slow death spiral. It has been a very fun ride and I have made some money but it is time...

Gweilo

More detailed chart. I enter the fib values manually to ensure theyre precise. BTC likes to bounce in this .886 - 1.13 zone. 1.27 lining up with trendline is likely target if 1.13 fails to hold. Secondary fibs lining up with 1.27 and 1.41. Notice the price action how the candle wick slap the fib on the first day of contact almost every time. This is where i have...