PRO_Indicators

PRO_Indicators

This double chart have one and only purpose... to simply destroy any king of idea about the S&P that could be about to perform crazy like it did in the 1995-2000 rallye. That's just non-sense and purely stupid. Not only the context is totally different... cause back then the GDP was the true gas of that rallye... as today everyone knows that we will never be able...

PRO_Indicators

Simply applying the PRO Strategy here... Step 1 : highlighted a technical cluster from fibonacci extensions using Elliott Wave projection theory. Step 2 : waiting for a signal or pre-signal on the local timeframe (D1) Step 3 : searching confirmation from H1 timeframe with a double signal from PRO Sinewave & PRO Momentum . Step 4 : trade entry ! Hope this...

PRO_Indicators

The comparison is easy, the debt level is even crazier than during the last credit bubble that bursted 10years ago.. Real economies just started to get over it but it seems like traders haven't learnt anything for the previous crisis !! As I always say... trading is about cycles and no matter how ofter I hear "This is different now..." or things like that... the...

PRO_Indicators

After the perfect shorts on both 17K & 13K (the indicators also gave a perfect signal on 14.3K but I simply missed it !!). Anyway today another signal came in.. allowing me to reduce my stop losses again and afford a new reinforcement on this very nice Sinewave + Momentum trading signal right in a price area I was waiting for. We're one step forward to the...

PRO_Indicators

These are all the latest signals given by PRO Sinewave & PRO Momentum on the #bitcoin ! As you can see.. not very bullish.. But there is still one bullish confirmed signal (a Sinewave TP signal, which is the least powerful Sinewave signal..) My opinion at the moment is that the price will likely stay in between those two signals (the latest bear signal and the...

PRO_Indicators

Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil

PRO_Indicators Updated 

The most probable scenario on ETH could be to trigger both a bullish signal (the last valid signal confirmed by both PRO Sinewave & PRO Momentum indicators) then a bearish signal. If this happens, we will probable head towards a bull VS bear accumulation. This accumulation generally push prices to a "decision cluster" where the market will decide the next...

PRO_Indicators

Despite the funny tittle the truth is here, I warned you weeks ago about the risk of heavy bearish signals slowly taking over the bull trend that built that speculative bubble trend. PRO Sinewave & PRO Momentum were reversing short for a while... I've been facing quite some resistance when I warned ppl in the crypto chat right here in tradingview ! But the...

PRO_Indicators

The more I see this chart the more I laugh at people buying this cross.. I think a lot of them will target 1.25 and above and my analysis tends to say that we are not on a trend market... but still on a consolidation structure. The technical factors that plead this way are : Sinewave tried a bullish breakout that was flushed out.. so if this thing was bullish, why...

PRO_Indicators

I think we may have reached the point where volume will start to pile up in a narrow area, crushing up momentum as volatility will slowly pick up before a nice burst occurs. This burst will of course have both positive and negative outcome possibilities.. Positive outcome will very likely sign the entry in a very agressive bubble trading mode before krashing up...

PRO_Indicators

We're now reaching the possible end of the weekly bullish trend and could top up near the heavy cluster of fibo targets. The "short term" (H1) setup tends to show signs of weakness as well and could validate a massive taking profit reactions from investors (moreover if the yen tends to strenghen which I also expect) I ploted the expected wave projection on the H1...

PRO_Indicators Updated 

Follwing on from the previous idea which just got invalidated with the latest Sinewave Breakout, I had to come up with a new technical background. The fact that we see the current wave as an impulse (12345 instead of ABC) shows that we are probably making a flat correction which structure is 3-3-5 and corresponds to our present case ! That being said, it still...

PRO_Indicators

I've always had two major scenarios for the next years. I never thought we could reach the "make a choice" area this fast ! But anyhow here we are ! Making a very important choice about the future of the most liquid equity index on earth : I called THE S&P 500 ! At this point the two major options are : - Scenario A : we slow down the pace, find a resistance...

PRO_Indicators

Following on from the previous analysis, we've now reached the invalidation of the previous scenario that was speculating on a new bearish impulse. It appears that the market is not yet ready to drop, and it decided to flush out the sellers yesterday. Anyway the structure remains heavily bearish, we're probably just consolidating longer than expected ! I'll stay...

PRO_Indicators Updated 

No need to take long to explain what I see here... It's pure and simply a low risk short setup confirmed by both PRO Sinewave & PRO Momentum . The last Sinewave signal was a BEAR, confirmed by overbought signal on Momentum (so that's a valid bear trading signal). This signal got rapidly confirmed by a Sinewave BREAK pattern... at this point, things are pretty...

PRO_Indicators Updated 

The setup here is very clear to me.. We're running out of fuel and the PRO SINEWAVE will soon plot the EXIT cycle that will terminate this bullish breakout pattern... Once terminated the market will switch back to range / retracement mode. After such a rally (+30% with no breathing of more than 3%) we can easily expect the prices to retrace at least to...

PRO_Indicators Updated 

The setup here is very clear to me.. We're running out of fuel and the PRO SINEWAVE will soon plot the EXIT cycle that will terminate this bullish breakout pattern... Once terminated the market will switch back to range / retracement mode. After such a rally (+30% with no breathing of more than 3%) we can easily expect the prices to retrace at least to...

PRO_Indicators Updated 

I post that chart because I know some of you are going crazy about the bitcoin... is it a bubble or not.. Well let's make this straight... if you think this kind of price action isn't typically a bubble.. then you need to review your classics ! Of course this is a bubble ! The only question is when is going to burst.. That's a tricky question.. and trying to...