SebastienYC_FR

SebastienYC_FR Updated 

Despite i'm bearish on Bitcoin, i have to admit this is a perfect bullish shark pattern. With perfect 161% on (C) and 224% on (D) In theory the target is 11,000 and then it will fall again down to 4000 and lower. Scenario is valid as long as (D) holds

SebastienYC_FR Updated 

We have a perfect 5-0 pattern and bullish AB=CD. Target is 161% of CD. 1.13 must hold, otherwise the pattern is invalidated

SebastienYC_FR Updated 

We have a clear support at ~2900, and if it breaks what could be the target ? I would bet on this shark pattern because the D point is perfect, 88% and 161% are aligned. If support doesnt break, forget this scenario

SebastienYC_FR

There is a resistance line since 2009 and gold/silver is right below it. Same below, a support line. Where is it gonna break ? Up or down ?

SebastienYC_FR

During a bullmarket, weekly RSI was over 50. During bearmarket it was below 50. And it is below 50 right now. It is as simple as that ! Dont buy Bitcoin as long as RSI is below 50.

SebastienYC_FR

It's always better to wisely chose your index, to short the weakest, and buy the strongest. I think by comparing performance between SPX/NASDAQ we could better chose the index. Currently the NASDAQ is the strongest index. But my analysis is showing a reverse is possible and NASDAQ could become weaker than SPX in the next weeks.

SebastienYC_FR

Gold is forming a monthly bottom, ascending triangle

SebastienYC_FR

bearish 5-0 worked perfectly

SebastienYC_FR

There is a perfect bearish Gartley around 7000 points. Regarding targets, Bulkowski says : - 97% chance to rally B (already done) - 64% chance to rally C - 52% chance to rally A and below

SebastienYC_FR

I think people are now used to it. the (C) peak was an aborted breakout (around 127%), and then prices felt miserably down to 161% extension BC. Prices bounce on the D point, 88.6%. Now we're going to retrace up to 61.8% of CD and expect a rejection around there.

SebastienYC_FR

We have a 5-0 pattern followed by a bearish AB=CD structure, close to 50% retracement. Prices are currently testing the D point. If it breaks upward, it will quickly rally up to 88.6% (13400) If AB=CD effectively rejects, then it will fall like a rock.

SebastienYC_FR

First the channel breaks but prices bounce on the wedge. Investors think it's Ok. The bounce stops below channel, prices fall and break the wedge. Then it bounce at 161%. Retracement stops below the wedge, then it crashes down to the long term support

SebastienYC_FR

I know most people are now bearish on EURUSD because it broke 1.2150, but harmonic patterns are STRONGER and take the lead. We have positive price action at the 127% extension, 1.2067. The risk here is that it fails and tries the next fib 161% below, at 1.19x But the targets are 78% XA projection at 1.23 Then 161% XA projection at 1.2580. It could even go higher.

SebastienYC_FR Updated 

In january 2008, the market felt but "dead-cat-bounced" with a bullish butterfly. The configuration was exactly like today.

SebastienYC_FR

The chart is the CAC40 with dividends + the futures market prices (8am-22pm sessions). It's like the DAX futures. We have a perfect bearish Gartley, with a sell signal today at the 78% Fibonacci level. On the CAC40 index, the lower target (TP3) would be 4840 points.

SebastienYC_FR

We have a clear bullish shark pattern (50 / 113 / 113, and D between 161-224 of BC) We have a false breakout, which could be a wolfe wave, i dont know. First target is (5)

SebastienYC_FR

Oil failed at a double 161% extension. Which means potential 5-0 / Shark patterns ongoing. Speculative of course. Any break above recent high ($70) and it's invalidated

SebastienYC_FR

Nasdaq100 index (future & cash) has complete a 5-0 pattern. 5-0 pattern structure is 113-161% up, then 161% down, then 61.8% up, then bearish trend resume.