selby_exchange - BTCUSD - Selby Bitcoin Price Analysis - $2915New price/time prediction system of extrapolation based on decoupled EMA's and a hybrid linear regression with sidechain MMAR
COINBASE:BTCUSD Price target $2915 on 02/24/2019.
Selby finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Rebellion=Change=Future
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Linear-regression
selby_exchange - BTCUSD - Selby Bitcoin Price AnalysisNew price/time prediction system of extrapolation based on decoupled EMA's and a hybrid linear regression with sidechain MMAR
Price targets $3240, $2919, $2620. $2170, $1627 and $1252, no timing on these however I could see most of these targets hit by April.
Selby finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Rebellion=Change=Future
Humanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
selby_exchange - BTCUSD - Selby Bitcoin Price AnalysisNew price/time prediction system of extrapolation in Baseline based on decoupled EMA's and a hybrid linear regression with sidechain MMAR
Price target $3061 for 1-15-19 with resistance at $3929 and wick support at $2603
Selby finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Rebellion=Change=Future
58.COM - $WUBA - Dip Buy - Quick Swing TradeLooking at $WUBA's last earnings (beat $0.12) and revenue (beat $22.26M / +36.4%) on 5/24 - I see that it is currently trading below the 2x standard deviation band on the linear regression line. I'm going to monitor for entry in the next couple of days and scan for news related to this company. Looking to swing trade some Calls as it re-enters the linreg bands.
Honeywell ( $HON ) possible double bottom?I'm looking into $HON providing a double-bounce on the daily chart. Linear Regression and the Regression clouds show it is below value, but I have not checked for catalysts. This one's on my watch list.
BTSBTC 594 days long fight against a linear regression downtrendThe +2 deviation line was touched but shortly left unbowed. A quick observation of a market timing advises that a positively solved btc debacle might have some bearing on this scenario, notwithstanding, one thing remains static no matter what plot develops around in the btc chart. It's location of the 89 timezone. Being a predefined invariable, it sits tight in the future that is yet to come, waiting for the bulls to outbalance the bear thrust in this 594 d declining regression trend. Ideally, uncertainty coupled with flames of passion flaring up in the btc subreddit would solve all the problems here, and 89 timezone sets a key turning point in this story giving the market 30 days to make it out of an established regression downtrend. In the worst case scenario with sellers jumping the shark again it would get dimmed to dull embers though its deemed normality to get slapped one last time before a new uptrend sets in. The narrower the trading range is, the more problems there are with keeping it in the same tight room. Pay attention to time, if a green support zone gets pierced through before 05.03 +/- week bts could lose up to 95% of its present value.
Euro to Overtake the Dollar Once Again, Eur/Usd, 1 dayA solid Gartley pattern to be completed with a lucky drop in value by the euro hopefully early this week.
I have my entry placed on the point D , my stop placed at structure just below point X , in case the market decides to retest X . and Finally i have my limit placed at the 1.618 extension of the BC leg.
Bat Pattern, Eur/Aud, 1 hrHere we have a completed Gartley pattern in the positive deviation area of the last 100 and 200 moves.
According to my strategy , this market is likely to reverse down into the negative regression. As of right now, the market is retesting the high at point D and we should see a trade completion in the next couple of hours.
Anyone that has been following my trades knows that last week I had a very bad week and I am making a minor change to my strategy for the week , until we recover from our losses, i was previously trading all harmonics to the 1.618 extension of the BC leg, but as of this week , i will only be trading harmonics to the .618 extension , just for a guaranteed close for profit.
I have placed my trade actions as follows:
Limit: point X
Entry: point D
Limit: the .618 extension of the BC leg
Please like and comment if you agree or disagree respectively.
And always follow me for more updates on market analysis and harmonic patterns , and recently a lot of wave theory's.
And as always Good Trading Everyone!
Bat Pattern, Aud/Nzd , 1hrHere I found a bat pattern developed and completed in the negative deviation range of the AUD NZD chart. my strategy suggests that the market will rally up into positive deviation before correcting for trend continuation.
I have place my entry at point B to Verify reversal after point D
I have placed my Stop at point X for the break below close below bust
! have placed my limit at the 1.618 extension of the BC leg , for consistency and risk reward ratios
Gartley Pattern, Gbp/Jpy, 15minherre we see a fairly solid gartley pattern on the gbp jpy charts. like all gartley patterns , I expect the market to complete the patteren , and then continure to rally to the 1.618 extension of th BC leg.
I have support form the linear regression channel, which suggests that the market is low, and should rally back up into the positive deviation.
I have places my entry at point B , my stop at point X and my limit at the 1.618 extension of the BC leg.
Thanks for checking this out, dont forget to like comment and follow for more Forex updates.
As always Good trading !
Bat Pattern, Cad/Jpy, 30 minHere we see a bat pattern forming in the Cad/ Jpy charts, it is likely that the pattern will complete, because it seems too close to the linear regression line to try to recross without some lower moves. once the pattern completes the market will likely reverse upon completion and rally back across the regression line reaching the 1.618 extension of BC. (this may take as long as 9 hours)
Our actions are as so:
Limit: 100.089
Entry: 99.939
Stop:99.869
Please follow along to see how this trade goes, for updates and more trades , follow me here on TradingView and don't forget to like and comment your opinions.
Thanks for checking this out ! as always Good Trading !
Cypher Pattern , Usd/Chf, 15minHere we see a cypher pattern on the Us Swiss charts.
This pattern is indicating that the market will reverse upon completion, and is supported by completing above the linear regression line.
When a Bearish pattern completes above the standard deviation line, it is likely that , If the market is bearish, the market will rally back under the line , and similar to a price action trade, come near the negative deviation line.
I have forecast the market to touch the negative deviation line , which comes out to about 4 hours from now, but it is more likely to take longer and not actually reach the deviation line, but rather just cross the linear regression taking 2 days and 7 hours.
With that said, i have placed my usual actions as the following:
Entry: point B
Limit : 1.618 extension of the BC leg
Stop: point X
Thanks for checking this out, look forward to you comments and likes, as always follow for my predictions!
Thanks and Good Trading!
Bat Pattern, Eur/JPY, 15minHere we see a plain old bearish bat pattern on the euro yen charts.
It is likely that the market will quickly rally down to the 1.618 extension of the BC leg, i have it forecast at 1.5 hours.
I placed my stop at the point X
My entry at point B
And my limit at the 1.618 extension of the BC leg
Thanks for checking in, come back and see if it completes.
As always like comment and follow, Good trading, we will see you next time :)
Butterfly Pattern, NZD/USD, 1hrHere we see a butterfly pattern on the New Zealand , United States charts. I have given the market some space to complete the end of the butterfly pattern before continuing in a bearish trend, because the closer to perfect the pattern is , the more secure of a pattern it will be.
I have placed all of my order actions in the usual places, with one exception. because the pattern has not completed, I have placed my stop at the previous structure above point X. I believe that the market will possibly rally to that structure and reverse from there. Following the reversal, I will trail my stop down to point X and hold there for retracement.
Please comment any idea , opinions , suggestions, changes, it helps me become a better trader. also like and follow me if you think i am on the right track.
As always thanks for checking me out, and Good Trading!
Butterfly Pattern, Eur/Gbp, 15minHere we see a butterfly pattern on the Euro, Pound charts.
Like most trades i make, i try to find support inside the linear regression channel and here we see the patern complete along the linear regression and the butterfly would suggest that we rally back up into, if not past, the positive standard deviation line.
I have placed my targets like any other harmonic you will see me trade.
My entry is at point b , my stop at point X and my limit at the 1.618 extension of the BC leg.
This pattern appears to have 9 hours to complete as labeled by my forecast line.
Thanks for checking us out, as always like comment and follow.
Thank you and good trading !
Price Action (Elliot Wave Maybe?) GBP/JPY, 30minHere I see a price action trade along the linear regression line with standard deviation set at 2 and -2. I also believe this may be an Elliot wave cycle.
If i remember correctly, the third wave, should be about the same length as the first wave, so i have placed my limit at the 1.618 extension of the second wave, just to be safe (remember, still learning price action).
I have placed my stop at previous structure and my entry is at current price, with any luck, we should see some profit here in a few hours.
Thanks for checking us out, any pointers would be greatly appreciated, just leave them in the comments. Don't forget to like if you agree with the trade, and follow if you want to see some more trading
As always, Good trading!
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Cyhper Pattern, CAD/JPY, 30minHere we see a completed Cypher pattern on the Canada japan charts. The pattern suggest a continuation in downtrend and appears to be respecting the linear regression.
I believe that the market will rally down into the 1.618 extension of the BC leg before consolidating again, or reversing.
I have placed my entry at current market price, my stop is at the highest high of the pattern and my limit is at the 1.618 extension of the BC leg.
Check back in to see the results, as always thanks for checking this out, please like comment and follow if you agree.
Thanks and good trading!
Linear Regression TrendsGreen: lin reg of all time price action on Bitstamp
Red: lin reg of downtrend
Assuming price is going to spend same time bellow the green line as above it, and also move the same amount (in %).
I'm using linear scaling because linear regression doesn't seem to work well on log scale.
We might see a last push towards 130 - 152(last major low). place your bids in this range.
After bottoming expect regression to the mean (atleast).