ptero1492

ptero1492

What is the most stripped-back chart you can make to explain and guide you through your investment strategy?

ptero1492

COPX wave 5 top lies out of channel around the 25th of June. The end of June will be in my mind, 25th-28th have recurred as dates of peak projections on so many charts of mine that I will make a trading plan around it. We could see a slow down in metals and miners late summer into the autumn. I think Q4 will probably rip into a larger crash, not so sure on the...

ptero1492

Starting to think of my PSLV holding as a high interest savings account. Even better is that I trust sprott more than my own bank.

ptero1492

Uranium charts looking weak across the board, I want to take this opportunity to scalp my last trade for a 20% profit. Wait for the C wave to complete and build a double-sized position, closer to the 200D MA. I may have to adjust going forward, based on the character of the correction, but a pullback this deep will certainly give plenty energy/base/new money to...

ptero1492

Similar to my latest Gold Chart, I believe that the final impulse (sub) wave of the first leg up will lead us into a correction before or just after breaching 28.5. This will be underway with a breach of 26.3 (confirmation) and then 27 (participation). Correction at the top will be deep (~25.8), as it will be part of wave two. The first (non-believer) selloff in...

ptero1492 Updated 

Based on the two previous impulse waves, wave (5) should reach over the trend line copied from linking end wave (3) and (4). This coincides with 1850 and the 200D MA, Weekly close will be very important going into May.

ptero1492

If the yellow support doesn't holder could be aiming for the tightest channel double bottom I've ever seen. Indicators are ripe for a rebound, but the markets are saturated with easy money.. The first real flight to safety will be witnessed between now and the second week of May. This is dramatically oversold. Expect the transfer to be powerfully in favour of...

ptero1492 Updated 

This is technically overbought and may provide a roadmap into 2024

ptero1492

We got a beautiful false break down, now we challenge the 50 D MA. Michael Oliver for your monthly piece of mind: www.youtube.com

ptero1492

The previous Wedge in Wedge has delivered on the false breakdown, and followed through into Wave d of the correction, possibly but unlikely to be beginning wave 3. Silver stackers will sleep well in April, and terribly in May (If that wave E shakes out the last of the weaklings) Constructive criticism always welcomed!

ptero1492

The top of channel and Fib Extention from wave (0) - (3) - (4) coincide nicely with a 350 Billion Dollar Market Capitalisation for ETH. That would be a logical place to look for a more complex correction, Though the Fib reaches beyond this level and might suggest higher targets, I doubt the momentum would be sustained that far from important averages. Good luck!

ptero1492 Updated 

Regaining the 200D MA after a slow bleed may signal the over-extended first wave has been flushed out. DYODD. I have a position @~.81 which may show that I have been following this for some time. This could be a 5x, but will monitor the connection and correction at the top of the monthly channel for weakness/follow through. Just an idea, not advice, crypto...

ptero1492 Updated 

Top of wave 5 of this move expected by the end of April

ptero1492

I think the correction in Silver is now over and today could be the day, Friday close will be monumentally important to the future of the Silver hodlers.

ptero1492

IF this flag is what is currently playing out, confirmation on impulse from (e) and breakout above (d). My count on the ETH outperformance of BTC puts us to the top of the inclining hourly channel in about 14 days. Coincides nicely with confluence of resistances (Hourly Channel, Inclining Red Trend, Fib Extension from the base of the 1st move). After this wave...

ptero1492 Updated 

My ST UUUU trade is about to enter it's most bullish phase to the top of the megaphone channel (red inclining resistance) ... Upon reaching this resistance it will have cleared any meaningful overhead resistance left from the bear market. This phase will be an amazing ride for the short, medium and long term. You can see my position as shown, I would consider...

ptero1492

Broad equities may underperform Silver if this roadmap plays out. I am rather confident that it will more or less follow this structure.

ptero1492 Updated 

GDX/GOLD slammed into resistance, probable downside incoming, but a very tight fight with very little between both sides.. Not out for the count yet.