Daily retracement reached 76.4%.and I saw a equalievent time cycle.. Highly reliable buying setup. I am long now.
Head and shoulders pattern with potential target around 1600.
Another super awesome 'trade of the ages' on this SVP {Super Valuable Pair}! Another Super Valuable Pair similar to this one with identical price behavior is the FX:AUDCAD . Remember the NZD/CAD trades opposite to this one due to the negative correlation. I've been waiting forever for this Inverse Head & Shoulders to complete and lift-off and the party has now...
Full credit initially for this chart goes to JoeBu on Trading View. He was kind enough to share his initial chart with me. This is an updated chart following my last chart on the failure of the megabull that occurred after January 15th. This chart is my predictive forecast on the occurrence of the next Megabull cycle after our latest failure at the double top...
Ya know da Seven 777 ..! Lunar cycle, week days, seven colours of the rainbow, Chakras, 7 deadly signs etc etc.. So whatchaaa waiting for..?! =)
We can see possible pivot zone at price 111.5 almost matched with all time high and low Fibonacci 50%. It is like the magnet and support / resistance for the price. If we take the distance between previous major highs the ongoing time period of same 106 month going to an end in 2016-04-01. Market is not always unfold into same length periods, but we can see some...
Last big swing since 2009 look like very similar to previous swing (2000-10 - 2009-03), just higher in channel up direction. If consider that it can be the same length - yet 18 month left until same period. Same goes to price - it is in the middle point close to all time high and low Fibonacci 50%. We see two possible support zones at confluence of Fibonacci...
This pair seems like have some kind of equilibrium zone and symmetrical cycles. We can see 124 months lasting cycle above equilibrium zone since market break out of it in 1994-03-01 and broke through again in 2004-07-01. And in 2015-07-01 we see another break through into upside zone again. This is 130 months period (close enough to first one of 124 months). If...
As some markets analysis models suppose - there are major market reversal cycles somewhere around 7 years length. As we connect two previous lows on the monthly chart (2001-06-01 and 2009-01-01) appears next same length low could be expected at the end of this summer (2016-08-01). That's 91 month cycle (7 years and 7 months) and one more lowest low was 94 month...
It is obvious - market was in huge channel for the past 8 year since 2008 crisis. Lots of theories suggest that markets evolve into big cycles of 6-8 years. As we add even cycle pattern on this monthly chart, we see the past 2 cycles evenly changed direction after 8 years period. And now we are at the end of last cycle (90 month) since last trend reversal. As it...
APPL is about to complete one complete wave cycle that started around April 2003 . Currently its in the correction mode that may continue for about six months or may be whole year. Previously, wave (2) retreated 68.3 % of wave one and the upward trend resumed. The third wave (3) was an extended wave with 361.8% movement of wave (1). The fourth correction wave...
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On the 4h chart of NZDUSD, we see a nice looking structure from 0.6235 area, from where price took off. We are now tracking black wave three, that could be in final stages, as we already see a five wave structure from 0.62878 area. That said we may see a temporary pull-back in black wave iv, that may go to the area of previous blue wave 4-circled, where price...
USDTRY broke once again to the upside, but this time out of a triangle as shown on 4h chart so looks like that pair is in late stages of current recovery from July lows. Keep in mind that triangle occurs prior to the final move within a larger trend, so we think that upside is limited and that reversal can follow to the downside from current 3.0000-3.1000...
Week of 4th of June 2012 signals the dawn of uptrend with RSI making a new high at the level which will prove to play in important level. Week of 13th of August brought first correction of uptrend to about 0.764 from 17$. Week of 8th of April 2013 brought the next top of approx. 250$ before a 14 weeks correction to again cca. 0.764. Week of 25th of November...
The last few weeks have broken my main idea and was need a time for understand what are happening and what will next. Anyway, now wave count are looking more clearly than before, although I miss a good trend. I remarked waves and now I think this pair are doing wave (c) of ((2)) . There wave 3 looks almost end and I wait a small decline to wave 4 which...
A current wave count this pair and DXY show that the market will have a significant decline. The 15th on May EURUSD did a wave (4) at1.1465 and after that have fallen down in wave (5) with first target at 0.94 Current wave count looks like a sequence one-two waves. It is meant that the market will down to wave three (Wave ((iii)) ) with significant...
In previous idea I in details showed why this pair will fall down. What next? I think this pair have bearish trend with targets until to 0.95 Now this pair have a two count. My main scenario is that have ended wave 1 and will do a wave 2 in next several days to area 1.12-1.127 (50-61% of Fibo) with subsequent fall in wave 3 with a first target area nearly...