Timecycles
Reliance good short candidateReliance cmp 2318
Rising trend line resistance
counter gave breakout from cup and handle pattern with cup height of 735 points and after breakout today counter have completed up move of 735 points this might also mature the up move
price making higher high,, rsi making lower high bearish divergence.
from recent bottom of 867 counter took 85 days to reach previous peak levels means 735 points in 85 days
after breakout counter today completed its upmove of 735 points in 85 days , same price movement in same time..
Look for trend reversal in this area..
Tata steel good short candidateTata steel is clearly trading in falling channel pattern since last 15 months,,
currently counter is trading around resistance trend line of falling channel pattern
also counter is following perfect time cycle of 245 days
every 245 days counter tends to touch resistance line of falling channel pattern and again start it journey towards south,,
view gets negated once counter manage to give close above 460 levels
Time to accumulate OMG so you can say "omg" when it moonsIf the bull market prophecy comes true soon like every other post halvening rally, OMG should start a mission to the heavens later this year. Whichever direction the trend goes to around the pivot point is the macro trend untill the next pivot which could be a continuation or a reversal. I would bet the next pivot will be a massive rally upwards.
Time Precedes VolumesThis idea is based on the article Time Cycle Oscillators, published in IFTA Journal 2018.
As volumes precede prices, the “period of time cycles” precedes volumes.
Hence, the simple harmonic oscillator SHO (blue) is leading to the volume zone oscillator VZO. The latter is created by Walid Khalil.
Negative and positive divergences between the SHO and VZO help in predicting the direction of the VZO. Also, the SHO confirms and shows the significance of the signals which are generated by the VZO. i.e., the encircled sell signals on the chart.
Regards,
Akram El Sherbini
Bajaj finance a conditional sell candidateBajaj finance :-
Darvax box consolidation are peak levels,
Rising Wedge pattern,,
Bearish harmonic Shark pattern fomation,
Bearish divergence on RSI indicator,,
50% Time and Price retracement,,
Breaking below 3190 which is support as per darvas box and also trend line support of rising wedge pattern,, and sustain would lead to fast and furious fall,, for 10-15-20%,, view gets negated above recent high on closing basis,,,
GBP/USD about to CHANGE trend?Hey tradomaniacs,
GBP/USD is right now at a very crucial price-area and could either continue or change the trend.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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BTC: Geometry Analysis
Hi All,
I made a simple geometry approach to have an insight into the next move of BTC.
There is a very personal and professional reason for 33's angles. I can disclose it another day; this is not the post for it.
The analysis starts with time cycles in which we can see some prices consistently.
The converging points of the positive and negative angles displayed the next low and high prices. Here it is:
21 May 2020 $8661
14 Jun 2020 $9684
I do not pretend to give advice. This is just the result of hours thinking about it.
Bullish wedge formation34$ price target, stop loss 27$
TA x personal analysis = not investment advice
Best of Luck
Pressure Wave of SHO and WPZOBased upon
"Time Cycle Oscillators" published in IFTA journal 2018.
"Wave Period Zone Oscillator" published in IFTA Newsletter December, 2017.
Expected volatility after the SHI/SHO/WPO/WPZO forms a pressure wave (PW).
the volatility is higher when the PW is longer.
Akram
GBP/JPY short opportunity Looking into this trade for early next week or end of next week using ichimoku waves , time theory and %R .
The waves are forming a first wave of 13 bars , the corrective also 13-1 bars. I expect most likely a third wave with 13 bars as well but could also stopped earlier at 9 bars before correction.
I'll look at bearish cross with %R , a bearish candle with a trigger. An extension up to the 161.1 level is also possible. Looking into a short opportunity with confirmation.
Blending SHO with WPZOSHO : Based upon Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
WPZO : Based upon Akram El Sherbini's article "Wave Period Zone Oscillator" published in IFTA Newsletter December, 2017.
Signals
The signals of the oscillators can be confirmed when the SHO/WPZO triggers a buy/sell signal, and the WPZO/SHO follows by a buy/sell signal in a relatively narrow time interval.
Whipsaws
The whipsaw generated by one oscillator only is insignificant. If both the SHO and WPZO generate whipsaws at the same time, then most likely it is significant.
Divergences
The agreement between the SHO and WPZO on positive/negative divergences makes them more considerable.
By Akram El Sherbini
Did Someone Say Pitchfork "Idea, Last Update, With Targets"Extra TA Described Below:
White Time Cycles (Half Circles):
To give relative index to, the time periods between, BTC's consolidation and growth
Black Sine Lines(Lines Intersection with Time Cycles From Bottom To Top Of Chart):
To show an index to "Growth Potential" of BTC during those Moments of consolidation/ growth (Sine is based on September lows/ highs of 2017)
White Inverse ABCDE Elliot wave (Marked A,B,C,D,E On The Chart):
If BTC can't break the channel upward after reaching ~11.8k Resistance Line
Black Elliot Impulse Wave (Marked 1,2,3,4,5 On The Chart):
Most likely going to see sideways movement for a long time from BTC.
If We Make Passed The ~11.8k Resistance Line Two Things Are To follow:
A tight squeeze up to ~13k Resistance line followed by large leap upward to ~17k- 18k Support Channel Resistance Line
Subsequently a large dump will commence (13k As it acted as such a strong resistance, in turn is now a strong support), Followed by a quick recovery/ Tight squeeze back up to ~20k ATH's
If you have questions feel free to ask.
NOT AN EXPERT DISCLAIMER
As Always DYOR and Good Luck.
Let's get freaky with Gann Box Analysis and Time CyclesI have decided to help make a more in-depth analysis covering CSE:LHS since the stock is fairly new. The chart above is where we are currently sitting, which is on the bear side of the gann box but we will get into that later.
How I start drawing Gann Boxes:
Use the dynamic Gann box tool and draw from high to low or low to high;
Configure the settings to show only 1 & 0.5, set all others to zero and turn angles on.
Things to remember about Gann's time cycles:
Days of interest and should be watched are significant days in a given solar year. Any of the solstices and equinox's (Dec 22, March 21, June 21, Sept 23) and their important angles which are in increments of 15 from these days. This means that 15 days after these significant days in a solar year.
Gann used degrees in a circle to compute cycle lengths. The 360 degree in a circle is approximately the same as 365 days in a year. So he used 180 (half a circle), 90 (a quarter of a circle), 45 (1/8 of a circle), 135 (90+35), etc.
He also used eights of 90 for shorter cycles to calculate the trading days in a cycle. 1/8 of 90 is 11.25 days, 2/8 is 22.50 days, 3/8 is 33.75 and 4/8 is 45 days. 5/8 is 56.25, 3/4 is 67.50, 7/8 is 78.75 and 8/8 is 90. If we round these numbers we trading day counts of 11, 22, 34, 45. 67, 79, 90.
Step 1:
Draw the first Gann Box from Low to High so an entry point can be established on the pullback.
Step 2:
Clone the Gann Box over to find entry once a support line is reached on one of the increasing angles about the 45 deg line. I use other indicators to confirm entries and exits. In the chart below we can see support is reached on Dec 13, 2017, but MACD hasn't come close to crossing. The actual breakout is on Dec 28, 2017, when we see strong RSI, Stoch crossover and MACD crossover to confirm entry. Oddly enough this date is shortly after the Winter Solstice which Gann says is a date to watch for. Digging further we see a high made when it reaches one of the trading cycle counts of 23 which is right after the 22nd degree.
Step 3:
The cycle has ended with The Box now broken and invalid since the creation of a new all-time high. We can expect an inflection point here and we can now redraw the Gann Box from the low to this new high. Oddly enough this Gann box has a cycle of 77 trading days and if we look above at the important dates we are pretty close to Gann's cycle.
As you can see we break the bottom of the box and again have to redraw the box to establish a new position if we can see movement onto the bull side of the box.
Step 4:
Since the creation of the new box and cloning the box over we can see a few things. We begin with the inflection upward along the strong trend line which is confirmed by rising RSI and Stoch crossover. However, this rally doesn't last since we soon break down into the bull side and consolidates until we reach a new ultimate low.
Step 5:
Since the Gann Box has become invalid once breaking through the bottom we can now redraw a new dynamic Gann box which end's up being our most current. From here we will analyze this one a little bit further.
We can see a few things after we create a new box. We have reached an inflection point where a rally starts moving and continues along the bull side of the box. An entry here is promising since the indicators are confirming a strong trend is imminent. Eventually, we break below the 45-degree angle and enter into the bear side where a trade would be closed.
If we look at this pullback we can see that it hits an area of support when we apply Fibonacci. We eventually break below the 1x1 angle but are able to make a nice gain should we choose to.
Present Day Look:
Pay attention to where the close is relative to the angles and what the indicators are telling us.
Looks like we are on the bear side of the box with a weak trend and the indicators do not look promising.
Well, that is it for me on this. Tell me what you guys think, don't be afraid to start a conversation with me if you have charts and ideas to share.
GOLD: Day-Swingtrade-Opportunity! #BuychanceHey tradomaniacs,
welcome to another free signal!
Important: Wait for the break above the marked up resistance and place a Buy-Stop or Buy-Limit!
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Type: Day-Swingtrade
Buy: 1288,39
Stop-Loss: 1283,20
Target 1: 1293,29
Target 2: 1295,55
Target 3: 1300
-----------------------------
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. :-)
USD/CHF: Daytrade-Opportunity!Hey tradomaniacs,
welcome to another free signal!
Important: Wait for the retracement down to entry!
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Type: Daytrade
Sell: 1.00216
Stop-Loss: 1.00255
Target 1: 1.00102
Target 2: 1.00036
Targt 3: 0.99994
-----------------------------
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. :-)