Cycle
Daily Checklist Before The Market Opens | Sep-15 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 3 out of 6.55
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 60.77-58.73
3️⃣Options IV: 33.63%
🚀Daily Expected Move: ±1.52
🚀Weekly Expected Move: ±3.34
🚀Monthly Expected Move: ±6.94
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.15
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.02%
🚀Daily Expected Move: ±17.06
🚀Weekly Expected Move: ±37.56
🚀Monthly Expected Move: ±78.19
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 3 out of 4.83
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 5.12%
🚀Daily Expected Move: ±0.30
🚀Weekly Expected Move: ±0.66
🚀Monthly Expected Move: ±1.37
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.43%
🚀Daily Expected Move: ±2750.42
🚀Weekly Expected Move: ±6054.78
🚀Monthly Expected Move: ±12604.02
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
Daily Checklist Before The Market Opens | Sep-14 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 2 out of 6.56
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 60.77-58.73
3️⃣Options IV: 32.74%
🚀Daily Expected Move: ±1.46
🚀Weekly Expected Move: ±3.22
🚀Monthly Expected Move: ±6.71
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of 6.23
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.09%
🚀Daily Expected Move: ±17.00
🚀Weekly Expected Move: ±37.41
🚀Monthly Expected Move: ±77.88
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 2 out of 4.83
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 5.16%
🚀Daily Expected Move: ±0.30
🚀Weekly Expected Move: ±0.66
🚀Monthly Expected Move: ±1.38
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 5 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.55%
🚀Daily Expected Move: ±2688.84
🚀Weekly Expected Move: ±5919.21
🚀Monthly Expected Move: ±12321.83
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
TOPGLOV May Drop to 2.50. BUT 5.80 First. 14/9/21TOPGLOV Stock price may drop until around RM2.50 where there is a confluence zone of 1) Major Monthly Demand Zone 2) A Long Term Up Trend Line Support ( Cyan/Light Blue Dashed Line) ..BUT... Price most likely will complete wave A (Red Circled) at around RM3.20 AND start trending up for wave B (Red Circled) till around RM5.80 where is confluence zone of 1) Next Major Supply Zone 2) Fibonacci 38.2% downtrend pullback from history high
Daily Checklist Before The Market Opens | Sep-13 2021Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍
Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace.
Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions and temptations 😉
This selfish moment may also serve you well 😁 as my findings may guide you into understanding the markets better, or may simply act as a second opinion after you have performed your own analysis 👏
The rationale of my analysis is detailed on the chart itself so you don't need to look up and down.
Below you will simply find the results of my process applied to other four relevant markets I always check before I trade.
Trade well!
OIL: NYMEX:CL1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: NO
🎯Stats: 1 out of 6.58
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 74.23-72.93
🛸Buy UFOs: 60.77-58.73
3️⃣Options IV: 33.54%
🚀Daily Expected Move: ±1.49
🚀Weekly Expected Move: ±3.28
🚀Monthly Expected Move: ±6.83
GOLD: COMEX:GC1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of 6.23
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 1866.0-1804.4
🛸Buy UFOs: 1759.6-1742.6
3️⃣Options IV: 15.15%
🚀Daily Expected Move: ±17.10
🚀Weekly Expected Move: ±37.63
🚀Monthly Expected Move: ±78.34
DOLLAR: ICEUS:DX1!
1️⃣Market CLIMATE
🎯Current: UP
🎯Confirmed: YES
🎯Stats: 1 out of 4.83
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 93.750-93.455
🛸Buy UFOs: 92.310-91.800
3️⃣Options IV: 5.11%
🚀Daily Expected Move: ±0.30
🚀Weekly Expected Move: ±0.66
🚀Monthly Expected Move: ±1.37
BITCOIN: ICEUS:BTM1!
1️⃣Market CLIMATE
🎯Current: DOWN
🎯Confirmed: YES
🎯Stats: 4 out of -
2️⃣Buy and Sell UFOs
🛸Sell UFOs: 57975.0-54500.0
🛸Buy UFOs: 41460.0-47437.5
3️⃣Options IV: 92.01%
🚀Daily Expected Move: ±2579.84
🚀Weekly Expected Move: ±5679.25
🚀Monthly Expected Move: ±11822.30
I believe now you know why UFO and 3D are part of my name…
Feel free to private-message me and share more about your trading style if you are too attracted by those UFOs 💪
*This daily post is not intended to be used as financial advice
GBPJPY FORECAST The par is trading in a descending triangle and the 50-day moving average is capping the buyers, it is important to notice that 50 day ma creates a confluence with a descending trendline, gbpjpy is having a cyclic trend, the bottom should come around 17th of september and I think that price could reach the red support line, stochastic gives us anothere bearish signal, wait for a conformation in h4 and h1 before opening a sell
Previous bull cycle traced over current cycle...Title says it all... I've traced over t he previous cycle over the current cycle as a best fit model... Even though this is looking like it will end up being a double pump similar to the 2013 cycle, I feel that the longer cycles justify using the most recent cycle... Either way, this is an interesting perspective...
ETH - Daily and weekly imbalanceHello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Breakdown
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
See the original idea May 25th 2021
Weekly Timeframe analysis
Where do we go from here?
Well price will now range within the grey box and offer an opportunity to break down to the daily imbalance, where price will look to test the 4 day imbalance of 0.382% Fibonacci.
Price has a high probability to look to the testing of the weekly imbalance first and then look to short based upon the reactive weekly imbalance.
The structure is still a buy and hold - but do your own due diligence based on your approach*
Below are the monthly imbalances
Firstly using the monthly timeframe, this has provided two key zones of interests for long positions.
(i) the first zone has created a perfect early opportunity where price has firstly established a high of $143X dollars and retested the low - creating an inefficiency between the high and the low. Now from the low test - price has confirmed a strong imbalance where price can now target to create an equal high.
(ii) the second zone which marks an in efficiency - is between $200 - 490, where the monthly zone had created a bearish month - by creating a pathway from the bearish candle high, notice how price closed out the previous wick on the falling pattern back in July 2018. This is the key identifier which price has re-aligned creating a fractal pattern on the weekly.
where;
(i) A bullish fractal is created when the low point is established, with two higher low bars/candles on each side of it.
(ii) A bearish fractal occurs when there is a high point with two lower high bars/candles on each side of it.
Here are the weekly imbalances
Here are the three zones which are imbalances created in the past. Price is currently forming a weekly/monthly imbalance at this moment, however it is difficult to determine without a close. So longs are still activated in a buying pattern upon the long term outlook and short term outlook .
The first zone established - has been created using the previously created all time high from $1100 - $1400- the previous monthly wick has been closed out by the imbalances of the buyers and can become the lowest imbalance but also the strongest to identify where price will able to drop to in a bearish probable scenario.
the second zone is placed above - where price created a retracement from the high established.
Using the Fibonacci tool, price aligns to a low of 50% which touches the zone perfectly. This is a perfect pivot point to complete the overextension sequence using the weekly. [refer to chart ii ]
Chart ii
The bears are coming! - which is normal as part of buying and selling imbalances.
Using the 16 hour timeframe:
Below are the sixteen hour imbalances where - price has shown a good opportunity for price to react to the following zones.
Note the top zone is a Fibonacci zone - as stated in multi timeframes above.
The true zone according to the imbalances are $3100-3500 for a opportunity to short again .
Let price fall and react accordingly to the zones. Await the opportunity for the imbalance wick to close out - where price will be successfully filled.
The Bears came
The price fell to desired reaction level to test $1600-1750 level as expected this aligned with the 61.8% Fibonacci structure and continue to offer discounts to buyers. Yet the 70.5% did not manage to adopt
The reaction occurred as expected as the weekly zone below is the most important established imbalance.
The overall big picture of Fibonacci combined with the imbalances:
Note the 50% & 61.8% of the retracement zones are important here.
Eight hour candles pathway for a potential smaller time forecast
Cross pair analysis
Tracking the closest correlated coins . Ethereum, of course being the 2nd highest coin .
Key:
Bitcoin cash - Orange
Litecoin - Sky blue
Monero - Yellow
Stellar Lumens - Purple.
Using a line chart graph, you can distinctly find where price has shown a similar market structure using imbalances. Notice the pattern formation on the in the two current zones. the correlated assets are providing insights, respective to the pathway desired by price between the new imbalances.
All coins have , the extension pathway has created opportunities here to continue longs - where the weekly zones and monthly zones indicate the buying zones or profit targets for sellers in kind.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
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Thanks,
LVPA MMXXI
🔥 Bitcoin Realistic Top Prediction For The CycleOnce in a while I like to discover long-term predictions and analyses for the crypto market. For the current analysis I want to look at (logarithmic) Fibonacci extension lines. I found out that the 1.272 and 2.272 extensions are seemingly very important for the last two cycles. The Fibonacci extension is measured from previous cycle top to next cycle bottom.
During every cycle, Bitcoin sees some form of mid-cycle correction towards the 1.272 extension. This Fibonacci extension then functions as a spring to allow the price rise towards the 2.272 extension. The 2.272 extension predicts a remarkable close top of the cycle.
During the second Bitcoin cycle one can clearly see the price rising above the 1.272 extension, re-testing it and continueing the move towards the 2.272 extension, which was also the top for the cycle.
During the last (third) Bitcoin cycle, you can see the same thing happening. Although the retracement to the 1.272 extension was less potent and of a shorter duration, it still functioned as a spring for BTC. After the re-test the price went all the way up to the 2.272, where that area functioned as a clean indication of the top.
This long-term analysis can be used in conjunction with my other long-term analysis (see above). With the current analysis predicting a cycle top around $215k, it would mean that Bitcoin will top somewhere in February 2022. I come by this conclusion by following the blue line in the analysis above and marking the date where it hits ~$215k.
Obviously, this analysis is based on speculation. However, I find the Fibonacci extensions to hold up surprisingly well over the years. Furthermore, it supports my argument that the dip that we saw from May to July was nothing more than a mid-term correction.
Hope you enjoy. Happy trading!
XAUUSD Gold: End of the bullish trend ? Updating our XAUUSD Weekly Chart.
Jackson Hole Symposium by The Federal Reserve Bank of Kansas City; Aug. 26-28, can be the place of the FED's first strong sign of a new path.
The location of the key support zone is 1765 - 1750 USD/Ounce.
Weekly closing below 1750 ( and the closing below the red trendline ) will add weight on the ounce.
It is early to take a big short position before closing below 1750 USD/Ounce.
Below 1750; our targets are 1720, 1700 1685, and 1640.
Indicators:
Cycle Sniper
Advanced Chart Patterns Tracker
🔥 Comparing Different Bitcoin Cycles - UpdateA couple of weeks ago I made a long-term analysis on the state of the bull-cycle and the future of it.
There's several very interesting things that one can deduce from this graph.
1) The cycles are getting less intense. The difference between the top and the low is relatively diminishing, making each cycle less explosive than the previous.
2) The cycles are getting longer. With each new cycle, it takes longer to reach the top of the cycle. "Time is your friend" has never been more fitting.
Furthermore, the current bull-cycle was "ahead" (above the previous cycles) of where it should've been and therefore the May correction was neccessary. At this point, we are exactly where we should be in the cycle.
Comparing the growth of previous cycles, we can connect them via the blue line. Assuming the blue line will hold for the current cycle, I'm expecting BTC to top somewhere in the first half of 2022, with the top ranging anywhere between 130k - 200k. This assumes that the growth rate of the current cycle will be less than the previous cycle.
The current BTC break-out could very well be the start of the bull-cycle continuation pattern.
Happy trading!
Litecoin is showing a potential RUN!I am watching LTC here, I like the wave count.
Litecoin has very nice cycles, Kinda like DOGE/BTC but slightly different.
I like cycles, Market cycles, Elliott wave cycles, Planetary cycles, etc.
I think we have more upside for this coin, Major support is quite strong.
Major resistance looks like it can easily be broken.
Stay profitable
- Dalin
GOLD long toward 1870 for wave 1 (yellow), SL @ 1792. 2/8/21GOLD wave 1 (yellow) probably not completed yet As current price possible at wave c (Green Circled) of wave 1 (yellow).. Long Gold at around 1808 at the end of triple zig zag correction (not shown on chart) . Stop Lost at 1792 which is the low of wave (ii)(Red). Target Profit at around 1870..( about 620 pips potential gain) ...