SPX500: Weekly OVERVIEW! Awesome chance to sell?#CyclesHey tradomaniacs,
welcome to another weekly outlook of SPX500!
This is an addition to my previous outlook:
The chart is speaking for itself...
Enjoy and have a nice start into the week!
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Timecycle
Venzen's Timewave Theory (VTT)Using Time Fibonacci sequence, and adjusting numbers based on the previous wave to find approximate entries/exits and points of interest, I have the following: 0,1, 1.555, 1.845, and 3; low, high, knife catching, end of bear, and next high.
The magenta line is a "bars pattern" of the previous 2014-2015 bear market, elongated to match my time frame.
I'm kicking myself for not buying the weekly 200MA which lines up with the yearly pivot of 3150, but subconsciously, I believe I am/was still waiting for the penultimate bottom.
Credit to Venzen on Tone Vays' channel, for inspiring these ideas. Use my time fib numbers to check out how well these numbers match. I am especially impressed by the "3" aligning with the high of 2017.
October of 2023 is the target high of the resurrected bull
Let's see how this plays out.
-- Toateotihuacan
ETHEREUM: It`s probabvly TIME TO BUY!#ChanceoftheyearHey tradomaniacs and cryptoheads,
welcome to an analysis of ethereum!
My friends, I think it`s time to buy!
BUY WHY?
In this analysis we wanna take a look at time-cyclers which are clearly underestimates and not as common as the classic TA which is basically used to compare price-action or price-patterns.
From another perspective looking at the big picture, we see that ethereum had an awesome run with the recent impulse-phase down from 5,60 up to it`s peek of 1.436,-!
IS THAT CRAZY? Yeah.. the hype-train of 2017 was very fast and completly sold out and we`ve never seen so many passengers. But ever since the train was so fast a lot of
passengers got shaky hands and sweaty palms. The train was very fast, as fast as no train before and the crowd inside the train felt insecure and fear crept in.
The entire trip was an amazing journey of 399 DAYS and it was obviously time to rest and enjoy the result of this new world record.
The impulse was over and we were heading into a correction which took excactly 399 DAYS until now!
The market indicates more and more evidence for a new rally.
New carbon has been delivered and the burning stoves are clened up and ready for an new ride..
Technical Aspects:
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Timelines:
All Time-Lines are pretty harmonic indicated by the low of the sub-divided SIN-Wave @ the High
of the primary Sin-Wave.
The Alpha-Waves are confirming that cycle and accurate time-lines are indicating a perfct cycle.
The impulse- and corrective phase are showing the same running time of 399 DAYS.
Price-Action:
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Wave 1 has been completed with the previous impulse @ Wave 5 and we`ve made 25513,25%. Since then the corrective-wave retraced down to 83,29$ which is still a very important support.
This retracement indicates a motive wave, which is not a classic impulse but eventually a leading diagonal because WAVE C of the correction went below the territory of WAVE 4 but DID NOT touch the high of Wave 1 again.
This means we see a confirmed MOTIVE-WAVE indicating an uptrend should tend to continue.
The corrective Wave headed down to the 1.272 Extension, which is a very common level.
The second picture indicates optimism of the market:
The active trendchannel was very dominant and predimonated over the market-players behaivor.
But since the strong sell-off down to the corrections low @ 83,29 $ we`ve seen two attempts to break out of this channel.
The first one failed @ the 100 M/A (purple) which was obviously the target of the bulls which this impulse.
The market smelled a chance and didn`t hesitate to push the price out of this channel again.
the correction was very strong because the price danced around the resistance of the channel.
THE NEXT PUMP got confirmed by a consolidation.. and not as ususal.. a hard dump!
The 50 M/A and 1 00 M/A are about cross and care getting in touch for the first time since July 2018!
THIS IS a very crucial moment for ETH and it`s future because the next move could be the the path we choose to go!
Mac-D:
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During the correction the MAC-D used to bounce of the ZERO aka TRIGGERLINE and refuse to get above it.
Since the first attempt to break out of the channel, we`ve seen that the market is not wolling to drop significantly below it again and flucuates around it.
The BULLISH divergence indicates higher LOWS while the price-action indicates lower lows and looks likea triangle with the first attempt to break out.
The classic retest should be the confirmation of this upcoming impulse!
If we violate the MA-Comb, bounce of the triggerline of the MAC-D and and create a new higher highit will be time TO BUY ETHEREUM!
Misspelling? Sorry guys.. I`m lazy! ;-D
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Monthly View On USOIL This is a monthly chart of USOIL with time cycles from important tops and bottoms. As shown in the chart, the current decline in oil started after 26 monthly bars since the bottom of $26 and around the 1/2 price area from highest selling price. Possible major pivot around the $48 area, which is the 1/3 of highest selling price of oil. If that goes, the next important area is the 1/4 of highest selling price around $36. It seems reasonable to look for long-term pivot around these price areas.
UJ weekly long target at 120 around September, Gann and GartleyUSDJPY long bias based on the following conditions
1. Bearish Shark Gartley pattern in operation, target of 120 needs to be reached for completion.
2. Full Moon on 3/1.
3. Neptune, Earth and Sun conjunct on 4/3.
4. Law of Vibration Time Cycle Begins/Ends.
5. Oscillator in superb conditions and levels for bullish bias.
NZDUSD All directions Point Down.FX:NZDUSD
All Directions Currently for NZDUSD are pointing down, With both time cycle and the Wave pattern suggesting Impulsive movement to the bearish Side. In All Markets it is the Time Cycle that is of the most importance, Further, we have strong reject and down turn in price at the Resistance. Over the next week we should see the Dollar also strengthen which would Support further Downside in the NZD to continue.
New Ethereum bullish Time cycle should take us through January!!Take some stress out of your decision to buy, hold, or sell..when you look at the Ethereum big picture, you can see we just entered a new bullish cycle. Its not to tale to get in..in fact your still early. Based on this Time cycle chart, we can expect the Ethereum Bull run to extend into the first week of january!!
Crypto charts move in patterns.. The challenge is finding it.
XMRUSD 2H CHART MONERO TIMECYCLE ENTRY LEVELMonero has tested several times resistance on the $47 region.
for long-term positions. A close above resistance, will lead to an immediate target of $52
However, price has been in range between major support and resistance zones for over a month.
Moreover, there seems to be a timecycle we might take advantage for some trades. Bands in red and green are very narrow, to avoid risk.
ATR is low, market on downtrend. Wait for a bounce back up around the cycle, and confirm with RSI, candle pattern and DMI.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me
AUD-CAD (daily): Bigger Picture AnalysisHi Freedom-Traders,
I wanted to share with you my bigger picture analysis on the AUD-CAD daily chart for a high probability trading idea.
If you find this analysis useful, hit the thumbs up botton to support my work. Thank you.
The edge in this trading opportunity does not only come from the confirmed bearish cypher pattern. It is also backed up by a fibonacci confluence zone located around the level of entry (->chart).
But this is not all...
An advanced timecycle study shows also the harmonic time cycle working in this forex pair.
Conclusion:
In my view the AUD-CAD should be on next weeks watchlist of every harmonic pattern/ freedom trader.
Feel free to follow this idea as I am updating it on a regular basis.
Happy Trading!
Top of the WaveWell it is finally here.. We have reached the date of the above green time cycle. This cycle marks the date of significant highs, normanly followed by a sharp break down. This cycle has remained acurate for last 3 years (we are entering 4 year) and it remain spot on.
The Green time cycle shows the dates when oil stops a bull run. Even in a bear market, there will be bull run leading into this date... On this date we see the high. Even thought I only use this to predict the Week of the event (break to bearish).. It has been acurate to the DAY the last three years. As it predicted the break happened on Friday. October 7th. That is six complete cycles going back over three years. Simply put, we have reached the top of the wave until Apex of Red cycle, Jan 20, 2017. Oil is going down.
The Red sine wave shows at what point in the cycle oil will be at its low. Think of it as the inverse of the Green time cycle with a different wave timing. The low for oil will be on the Apex date of the Red sine wave. The last apex occurred (and was predicted) on Aug 4. This wave timing longer than the Green time cycle, so you can see it's apex can occur from days to months after the High of the Green time cycle. The difference in time between the two dictates the speed of the fall. This pattern is consistent.
Sure... I only make a handful of trades a year, and i normally swing them for about 3months, so why is this important to short term traders.. Because if you know the direction for the next few weeks or months, and you know any spike up before the Red sine wave date will be reversed to at least the prior low since the Green time cycle date.
All of last years gains where based on these trades.. I will be updating our other published ideas to consolidate them here. All are subsets of this cycle chart. If you have been following you know we are on a longterm big short from 47.10
You also know we made the trip from 40'ish to above 47 twice and our longterm shorts are still underwater. You also know that we also swung short-term shorts for +21% profits with a 1week trade.
Neither of these cycles predict price, just course and direction. Our target remains 38 WTI by Jan. 20, 2017. No do overs, not yea buts.. We feel oil will bottom on this day for cycle, and although it will take a few days to confirm a top, and could test 50 this week, we feel this marks the end of this last bull run of the year.
Oil analysis update on daily chart (2016-03-12)Oil will meet a huge resistance at around 39.8. The daily RSI also shows a divergence. These will result the pull back soon.
But from time cycle analysis, the correction wave does not finish yet. After the pull back, oil might go up again to 43.5.
Good luck for everyone!
GBP/USD Daily PrespectivePatterns can be failed very unexpectedly.
Patient is the key of success. Open your trad on a strong trend.
Later I will explain about how to adjust SL and TP.
I will also explain how to get reversal signal and have more confidence on your decision.
It's all about Risk to Rewards. Get yourself mentally ready and deal for long term instead of amateurish scalping.
Email me if you have any question: farsi.masoud@gmail.com
GBPNZD: POTENTIALLY FORMING 88 MONTH TIME CYCLE !!!Hello Traders,
I wanted to give everyone the big picture for FX:GBPNZD , where we currently are and when are we likely to see a rotation on this pair to the downside. First of all, just looking at monthly price movement, we are clearly in a major downtrend, which is easily seen by the formation of several LH's and LL's. Next, we have a valid monthly trend line that recently has been successfully tested at the end of August (2015) month. We are coming close to the end of September and we are likely to see a monthly close above this monthly trend line. Moving on towards current price level, we are exactly up against the previous monthly support zone which is now acting as potential resistance.
Now plotting the monthly arc cycle, we can see that we could potentially be in a 88 month time cycle, with weekly and daily arc cycles lining up perfectly with the monthly arc cycle. The reason I am saying "potentially in a 88 month time cycle" is because we haven't yet completed 2 full monthly arc cycles. We might not be in a "88 month time cycle" BUT looking at what the market is showing us, we COULD POTENTIALLY be in a "88 month time cycle". Looking at current monthly price action, market is sitting very close to the rotation point of monthly arc cycle. Thus, there is still some room to the upside but we have to stay alert because we don't want to get ourselves caught up longing near the high's of this market. The rotation to the downside is coming very soon, but we need to have some patience. Let the market show it's hand first before we make our next move.
I have also labelled the POSSIBLE SCENARIO to the upside on the chart above. That's all I wanted to cover for this pair, hope everything was clear to everyone. Just leave a comment below if anyone still has some confusion.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
AUDUSD: LONG TERM ANALYSIS BASED ON TIME AND SINE CYCLES !!!Hello Traders,
Here I wanted to present everyone with a long term analysis based on TIME and SINE CYCLES methods. Looking at the monthly chart, we clearly see a strong bullish trend has been formed on this pair, which is easily seen by the formation of NSH's and NSL. Now at least we know that in the long run, we should be bullish on this pair. Next we determine if this pair is in a specific time cycle by shifting around the monthly cycle arc and we can see that this market is in a 2740 days or 391 weeks or 90 month time cycle. Every time we came close to the end of 90 month time cycle, we were exactly at the lowest points on this pair. The weekly cycle also lines up perfectly with the monthly time cycle and also the sine cycle .
So the absolute best place to look for long entries on this pair is when we hit the coming up monthly cycle arc, which is most likely to occur around April/1/2016 . We also recently got a valid break and close below one of the monthly trend lines and currently we are waiting for a retest of that trend line before going lower. I have also placed a pending short order close to the broken trend line, with -100 pips stop loss and +693 pips of potential target which is at the 2nd monthly trend line. This 2nd trend line is where I most likely expect to see a strong trend reversal on this pair. Of course I won't be blindly placing a long pending order at that 2nd trend line, that would be considered gambling. But instead that would be the level at which I will be most interested in taking long positions on this pair.
That's all I wanted to cover for this FX:AUDUSD pair, I hope I didn't overwhelm anyone with a long description :)
I have added links to other pairs that I analyzed using this method, under the RELATED IDEAS section below. Do check them out if you require more information for time and sine cycles analysis.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)