Are we seeing divergence at the moment? Lets see:)
By helping with finding out what really happened with Khashoggi maybe this will make the currency normalize again?
BTC is now on the edge of the global trendline (Log scale): Bullish signs: - Descending triangle completed (Leg 5 done) - 0,786 fib level - Are still above the global outer arc (Gann Square) - Is on the edge of the lower curve (blue curves) - Much support on the current level (at least 2-3 lower points from earlier stages) - 2year (730days) Moving average is still below.
A mix of different chart patterns combined with Gann ;)
If the trade war makes an big impact on China, maybe Japan would take the throne back?
I'm not sure if this is useful, but I think it's cool to see how the Gann Square function could work in a reversed position. There might be a problem with the singularity :P
This is not looking good at all. The Cup and Handle pattern is completed and this might trigger a big drop. The good news is that we might be in a descending wedge currently and this could give us a bounce upwards when the iv leg is completed. Be careful on this one!
It is hard to say what will happen the next days. This is a long idea that could work: Target 1: 540$ Target 2: 613$ Arguments: - Gann arc is aligned very good at the moment. Check out all the arcs. In other words, the current arc indicates next turning point. It needs to stay inside this arc, if not it could start a new bearish rally. - Fib 0.886 level...
It has been a while now but here is another idea I think could work. Trade 1 Entry: Now Stop loss: Somewhere below the upper line on the descending wedge Target: 1.412 (+8,3%) When: Middle of October this year? Trade 2 Entry: 1.412 Stop loss: Somewhere above the dotted lines and the grey Gann line. Target: 1.336 (+5,4%) When: Beginning of May 2019? Trade 3 -...
Nasdaq has gone so much up lately and I think it will turn downwards next three years. Target 1: 3500 (52%) Target 2: 1760 (76%) When: April 2021 and May 2022 / January 2024 Stop loss: Above the resistance arcs. Arguments: - 2 different Gann Squares says it made All time high last week. - Gann line from the Gann Square is saying the same. - Gann Fan line also...
My first idea on DJI was a bit simple but here is another idea with more details explaining why it might go down. Entry (Ideal): 25870 Target 1: 22380 Target 2: 21300 (not shown on the chart) Target 3: 21000 Time: Target 3 will be around early November this year Stop loss: Above the resistance arcs. Arguments: - 3 different Gann Squares says the same: All time...
I'm not sure what will happen this year, but right now I think we are about to do a pump: Target: 8360$ (Depends on when it hits the small blue arcs I drawed) When: End of August Arguments: - Arcs are perfect aligned right now. - The global momentum is very low at the moment - It's time to pump it up. - Global Gann lines made it bounced already (blue...
I'm a big fan of Gann Square and here is another idea: Target: 3,83 When: 1.November 2018 Why: - Arc number 5 was just completed (the last arc got hit), this indicates a descending path ahead. - It might go a little further hitting the outer arc and a stop loss in this area would be an alternative. - EW wave theory fits in. - Local and global fibonacci level...
Target: 25.7$ When: Late August Arguments: - Both Gann Squares are aligned at the same point (Strong indicator!). - Bullish Gartley /Bat is completed? It's a mix between those two I think. - Gann fan line is also aligned with the last bottom. I'll will try to find out where the exact target will be later on. Make sure you do a stop loss on this one!
Here is one of my Long ideas on ETHUSD. Target 1: 1000$ , Middle of September Target 2: 1190$ , Middle of September Target 3: 3350$ , March 2019 Arguments: - Gann Square is telling us every time it bounces - either up or down. - Gann lines from the Gann square guides us the path along leg 0-1, 2-3 and maybe 4-5? - The Sym. Triangle pattern may be completed...
It looks like the bearish rally period is about to end and XRPUSD may rise massively. Target 1: 0,76$ Target 2: 1,53$ Target 3: 1,87$ Target 4: 2,22$ Target 5: 3,56$ When: Not sure, last descember went really fast. Alot could happen the next months. Arguments: - Gann arc is aligned very good at the moment. Check out all the green spots. In other words, the...
I just found this reversed Gann Square and reversed Gann Fan which looks quite interesting. Note how the 2/1 line is never crossed.