GioThaKingo

GioThaKingo

Trade devil Member /// P.S Sam came up with the "Triangle" I just went over it and analyzed it myself and just added a couple things : ) Log scale : Probability : (Running Triangle) Invalidations : 1. Break of "Geometric Structure" 2. This (D wave) breaking (B wave High) - (C wave Low) C = .786 of 0-> (A) Others (TBD) Personality Traits : The (C wave) is...

GioThaKingo

5 waves down was not complete "Bears" could not make the move , obviously should've seen this coming when such huge earnings were coming at around this past bottoming point other traits would've been the (4th wave) in "Time" was becoming way too big compared to "Wave 2" also as we passed (0.5 Fibonacci) was another clue for myself. These are levels too watch as...

GioThaKingo

Summary : Here we will look for another potential "Sell" here if we get to these levels and not above (.65 Sell Algo Stop Loss Area). We wanna see a Rejection near this (Big Golden Zone) also (0.5-.618-0.65) we wanna see "Declining volume" with some "Divergence" on the "Lower Tfs". With the Right "Bearish Personality". We will also watch the 'High Volume Node Areas"

GioThaKingo

(Mid -term) PT.2 Summary : So if I were to call this the end of the 5th and my count is correct and we will be breaking our current lows in the short-term so I would looking towards the (Lower Parallel) in the short-term, but midterm wise since in "Time Ratio" we have not even crossed (.236) we could be developing a sideways pattern (Flat) to test the last...

GioThaKingo

(Short -term) PT.1 Summary : So if I were to call this the end of the 5th and my count is correct and we will be breaking our current lows in the short-term so I would looking towards the (Lower Parallel) in the short-term, but midterm wise since in "Time Ratio" we have not even crossed (.236) we could be developing a sideways pattern (Flat) to test the last...

GioThaKingo Updated 

Wont be getting in this but it is something to watch /// Don't have time to put a tech idea but I expect a reaction in that area

GioThaKingo

Summary : So we did have a impulse down , with this last down having the personality of an "Impulsive 3rd wave down". With the "Extension being "2.618x-3x" the previous leg which sticks with what I had said on my previous post that we are likely in the bearish scenario.Now the count i have currently down is my primary. We have our retracements and we know what...

GioThaKingo

Summary (Update) : Now this is the (Bearish Alternate) the zone to watch here is this confluence zone where we will see either a reaction and see if this is the next (4th wave) or another (1-2 down) coming up or if we blast through this most likely the (Bearish scenario playing out). Look for "Impulsive personality".

GioThaKingo

Summary : Now this is the (Bearish Alternate) we have the common (0.382) retracement. The (C leg) is the same in "Time Ratio Parity" to the "A Leg". In (Bears entry) we would be looking at "puts" once we see "Impulsive personality" downwards and are below the "1.618" extension for the "1st Confirmation"

GioThaKingo

Summary : In summary I have a "Alternate" to this but this is what I would look for if we continue "Bullish". We have "Time Ratio" we have the "Extension" we have "Algo zones" and we have the "Full Retracement" in this all to base an assumption on where to put our "Bucks at". In this scenario we wanna see "Impulsive personality" after this next retracement...

GioThaKingo

Tech Idea : Probability : We have Finished a Double zig zag wave structure Lower Degree : W wave (A -> C) : 2.618x Y wave (A -> C) : 1.618x-1.75x Higher Degree : Wave (W -> Y) : Close to "1 parity" ////////////////////////////////////////////////////////// Strengths : The (W) to (Y wave) is close to parity. We did see an impulse come off the (Y wave)...

GioThaKingo

Tech idea : Probabilities : We have either finished a (5 wave) or will be coming to a 1-2 to continue further down Wave 2 : .618x wave 1 Wave 2 : Zig zag /// Style : Sharp Wave 3 : 3.236x wave 1 (Extended) Wave 4 : 0.382x wave 3 Wave 5 : 0.618x (0-3-4) //////////////////////////////////////////////////// Strengths : We are out of the "Impulse channel"...

GioThaKingo

Tech idea : Probability : We have finished the (Flat) and we go up impulsively from here Wave 2 : 0.382x wave 1 Wave 2 : Expanded Flat /// Style : Sideways Wave 3 : 2.618x wave 1 (Extended) Wave 4 : 0.236x wave 3 Wave 4 : Zig-zag /// Style : Sharp Wave 5 : Front runs 1.618x...

GioThaKingo

Tech idea (Short-term) : Probability : (ABC Wave) as the correction for the Full (1-2) possibly? I say possibly because on $Spy the definitive pattern is not as clean as to on "ES1!" Wave 2 : 0.786x wave 1 Wave 2 : Zig zag /// Style : Sharp Wave 3 : 3x wave 1 Wave 4 : (0.272x - 0.382x) wave 3 Wave 4 : Zig zag /// Style : Sharp Wave 5 : "1" parity...

GioThaKingo

( BTC ANALYSIS UPDATE) Tech idea (Update) : High Probability : Potential (Flat) Higher Degree Wave (B) : Break high 1.236x wave A Wave (C) : TBD Typical wave (C) projection (1.236-1.618x wave (A)) ////////////////////////////////////////////////////////////////////////////////// Lower Degree : Wave 2 : 0.382x wave 1 wave 2 : Zigzag /// Style and...

GioThaKingo

(Side note I did take a small loss on a "Bullish- Call option) I had a while back on my previous analysis and got out when things got confusing which is a great time to get out is when confusion comes) Tech idea : Probabilities : We either have a playing out (Flat) or "1-2"Wave 2 : Most common Retrace (0. 5-0 .618-0.65) Common wave 2 (Time ratios): Wave 2s...

GioThaKingo

Tech idea : Wave 2 - 0.5x wave 1 Wave 2 - Zig zag /// Style - Sharp Wave 3 - 1.236x wave 1 ( Non -Extended) Wave 4 - TBD (Expected Sideways style) Wave 4- (Expanded Flat TBD) Wave 5 - (TBD) //////////// Strengths : For the (Expanded Flat) we do have (Low volume) as needed to spot a correction. We haven't even Reached median line so we would need us...

GioThaKingo

Tech idea : Probability here is we are in the development of wave 2 from our wave 1 impulse Wave 2 - Zig zag /// Sharp Wave 2 - 0.382x wave 1 Wave 3 - 2.618x wave 1 wave 4 - Double zz // Style : Sideways Wave 4 - Doesn't even meet 0.146x wave 3 Wave 5 - 0.382x 1-4 (Ending Diagonal) ////////////////////////////////////////// Invalidation for Flat :...