EURUSD HISTORIC LOW - Will it break?Welcome back! Here's an analysis of this pair!
**EURUSD - Listen to video!
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Historicalanalysis
EURUSD I Expect More Rise from Historical LowsWelcome back! Here's an analysis of this pair!
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EURUSD Watch for Bounce from Demand AreaWelcome back! Here's an analysis of this pair!
**EURUSD - Listen to video!
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CADCHF Swing I Headed down +150 PipsWelcome back! Here's an analysis of this pair!
**CADCHF - Listen to video!
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Bitcoin has lost About 80% of its value in previous cyclesThis post is just a review of the Bitcoin historical chart and I do not confirm or reject the findings of this analysis
Examining the drop% from its ATH in previous cycles shows that bitcoin has lost 80% of its value. Bitcoin is currently only 57% lower than its ATH. If this criterion is correct, Bitcoin should go another 23% lower than its ATh. That would be around $ 13,000
EURCAD 6 Year Low! Correction Soon!Welcome back! Here's an analysis of this pair!
**EURCAD has dropped to retest its 6yr low and the pair is heavily oversold. We expect a correctional movement this week! Our target is 3525!
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EURUSD - Here's What You Can Expect! Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use.
***EURUSD - listen to video analysis.
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Chart of the last big liquidation in May is repeating!As we saw in the last cycle from Q4 2020 until mid July 2021 we formed a large head-and-shoulders on the big scheme of the daily chart. Due to the overall uptrend of Bitcoin this bearish pattern got invalidated as soon as we hit the critical neckline point where it should have dropped.
Then we went onto the next cycle from end of July until now. Where we saw a massive adoption of the blockchain technology, therefore a major growth of Bitcoin (as a represantative of the overall structure in the crypto market) and crypto in general.
During this cycle now we interestingly formed the exact same head-and-shoulder pattern and are now at the end-part of this pattern. So because of the quite accurate similarity I made a ghost picture of the price movement after the last cycles large liquidation in May 2021. Then I placed this ghost structure at the point of our last big liquidation at the beginning of december. I managed to place it the right way, so that there is as little deviation as possible.
What we are able to see now is that this ghost price-movement is corresponding almost perfectly with the indicated Fibonacci Levels.
The first support of this ghost movement is perfectly aligned with the 0.168 Fib Retracement level and also with the trendline of the overall trend.
The next resistance movement of the ghost feed is to be found at the 52k area which matches with the recent yet unfolded chart, in fact it coincides exactly with the local resistance. This is turned into support and then immediately is retested right after the rejection at the 0.236 Fib.
After this movement it breaks all time high and soon retests it before it heads up to new ATH.
I find this very interesting.
In fact until now the Bitcoin price is following exactly that same pattern.
BTC correction and then jump to new Summit!The bitcoin correction trend according to the chart in the weekly timeframe, and based on the Fibonacci lines, will probably continue until the support of 52,000, which corresponds to 38% of the Fibonacci. What has been the case with bitcoin ascents in the past is that before each new ATH, there was one ascent, a 6 to 12 day correction period, and a 17 to 23 percent drop in price. This history can be our guide to the future uptrend of Bitcoin.
I will be trading shorts until 52,000 at the moment and then switch to long trades.
BINANCE:BTCUSDT
DISCLAIMER: trade based on your own decision
press like👍 if you enjoy 💚
🚨🌩 SPX 1Hr: Major Bearish Ichimoku Cloud - Avg Dip 10% 🌩🚨🚨🌩 SPX 1Hr: Major Bearish Ichimoku Cloud - Avg Drop 10% from ATH / Historical Analysis ⛈🚨
In this analysis, I look at the current SPX 1Hr Ichimoku Cloud vs. recent historical performance.
Summary:
A Major Bearish Ichimoku Cloud is forming on SPX Hourly.
In the last 2 years, only 3 clouds like this have formed like this, each resulting in a significant dip.
Observations;
Mar '20: Major Crash 15% on first dip, followed by more
- Unclear if current cloud may result in similar crash
Sep '20: Significant Dip 10.6%, happened with 2 bearish clouds
- Current cloud has possible short-term similarity
Oct '20: Significant dip 8.9%, happened with 2 bearish clouds
- Current cloud has possible short-term similarity
Current:
1.Major bearish (red) cloud has formed, Kijun Sen (red line) is dominant.
- This is a significant red cloud formation compared to red cloud formations over the last 2 years.
- You can observe just 3 more occasions such a significant red cloud formed, which resulted each time with a significant dip or crash
- A dip of around 10% from ATH (similar to last red Ichi clouds) would result in a pullback of the SPX to 4100 range
What are your thoughts?
yemala
🚨🚨🚨2022-2032: The Great Reset - Global Economic Crisis🚨🚨🚨The following analysis looks at the 2 major historical crashes:
1929 Wall Street Crash
2000/08 Dotcom Bubble & Subpime Crash
I then compare them with where we are today in 2021, and where the market is going for the next decade 2022 - 2032.
I take a simple, reductionist approach to look at basic technical analysis / indicator (MACD) factors identifying similarities and compare them, following the efficient markets hypothesis that all available information is priced into the market.
By applying this, observing historical trends, similarities and outcomes I assume current trends may play out in a similar manner under the similar conditions of technical analysis / indicators.
The market repeats itself, time and time again we can identify repetition in trends and outcomes.
1929 - 1942: Wall Street Crash & The Great Depression
1.a: Observe how the market is overinflated from 1927 - 1929
- The market broke into the blue channel in 1927, aggressively inflating compared to previous decades of growth.
- The market broke out of the blue channel in Jan 1929, into outer-space, these levels could not be sustained and in November 1929, this resulted in the Wall Street Crash
2.a: Observe how the growth and crashes in late 19th Century / early 20th Century channel respect the inner green channel
- These were the panics of the 1870’s, 1880’s 1890’s, and 1900’s, 1910’s etc. - indicators seem to be stable and channel is not broken
3.a: Observe the Mega Crash of 85%:
- This crash was so big, it set new channel for 20th century
4.a: Observe the MACD Histogram Stability, Breakout and Collapse:
- Even during the 1870-1910’s panics, the MACD is stable
- In 1927, we see a breakout of the MACD to unseen high levels, ties to the break into the blue channel
- A MACD collapse follows, very soon after the breakout from the blue channel and results in 85% crash
2000 - 2010: Dotcom Bubble & Subprime Crash & The Great Recession
1.a: Observe how the market is overinflated from 1994 - 2000, and never retraces until 2009
- The market broke into the blue channel in 1994, aggressively inflating compared to previous decades of growth.
- The market broke out of the blue channel in Jun 1997, into outer-space, these levels could not be sustained and in September 2000, this resulted in the Dotcom bubble crash
- The market did not fully retrace, and eventually in 2007 there was a small breakout of the blue channel and resulting Submprime crash
2.a: Observe how the growth and crashes in mid 20th Century channel respect the inner green channel
- These were the crisis of '66, ’69, ’73, '87 etc. - indicators seem to be stable and channel is not broken
3.a: Observe the Medium Crash of 58%:
- This crash actually played out over 2 intervals, the Dotcom & Subprime
- I am not sure if this was big enough to set a new channel for the 21st century, or in the previous channel of the 20th century is still in play
4.a: Observe the MACD Histogram Stability, Breakout and Collapse:
- Even during the 1950s-1980s crisis, the MACD is stable
- In 1995, we see a breakout of the MACD to unseen high levels, ties to the break into the blue channel
- A MACD collapse follows in Dec ’99 coinciding with the breakout from the blue channel very soon after the results is a 58% crash
2022 - 2032: Global Economic Crisis & The Great Recession
1.a: Observe how the market is still overinflated even after the ditch bubble and subprime crashes
- The market broke out of the blue channel in Jan 2021, aggressively inflating similar to Dotcom bubble
- Assuming that the break from the blue channel results in a crash, I have overlaid the crashes of 1929 & 2000/08
3.a: Prediction of a mega crash in 2022 - 2025 around 60%-80% using previous crashes as baseline
- See the overlays and potential correction paths that could play out
- Both the 1929 & 2000/08 crashes follow a similar trend of a correction, followed by a breakup, followed by another correction
- I am proposing that this crash will be significant enough to result in a new channel to be set for the 21st century
- I believe that this crash is planned (this is part of the Great Reset) the global economic masters want to reset the global economy - just read about it from the Work Economic Forum (but this opinion is outside the technical analysis)
4.a: Observe the MACD Histogram Stability & Breakout- is the next step the Collapse: ??
- Looking at the MACD across the 2000-2020 range, it is actually stable
- In Jan 2021 we see a breakout of the MACD to unseen high levels, ties to the break out of the blue channel
- Prediction: A MACD collapse will follow between 2022 and 2025, which will be followed by similarly volatile repetitions of this MACD breakout & collapse
Conclusion:
Observing the historical 1929 & 2000/08 Crashes, they appear to manifest in similar ways in breakouts of the major trend channel, disrespecting decades long stable market micro-cycles, but especially on the MACD Histogram.
Now in 2021 we appear to be experiencing exactly the same conditions playing out. The monthly MACD Histogram is a massive warning sign when assessed in comparison to the historical crashes. Hoe the crashes built up and played out.
I expect that 2022 - 2025 will see a major market correction of -60% to -80%, purely based upon technical analysis / indicators.
Opinion:
To add colour to the indicators, we can look at the news, the agendas and what the global economic elite are planning:
The Great Reset.
Klaus Schwab (Founder of the World Economic Forum) in his book, The Great Reset (2020) outlines his outlook for the coming decades of rest that will happen across our global local, business and private lives. This outlook is aligned with the agendas (Agenda 2030, 2050 etc.) of the World Economic Forum and other globalist institutions, IMF, World Bank, WHO etc.
What is clear is that the global economic elite are capitalising on the COVID pandemic as a catalyst to reset the global economy and societies.
Or perhaps, the Covid pandemic is a coverup to hide the real cause of the inevitable global economic crisis?
The mask of bad monetary policy, excessive money printing / fiat, fractional reserve banking and marco economic & generational cycles.
What are your thoughts?
Feel free to share ideas!
Bitcoin: History Repeats itself. Hello everyone,
Quick post for tonight. This is hard to say but I believe Bitcoin is about to drop. History is showing a clear repetition of itself within this chart. Here are the technicals:
1. Negative RSI and MACD: Negative RSI and MACD equate to a weakness in trend. When price is going up and MACD/RSI aren't correlating, it signals exhaustion.
2. Ascending Wedge: there are 2 clear ascending wedges on this chart and that pattern is bearish. Breaking below it confirms a bear movement following.
3. Broken uptrend + retest: The uptrend has been broken (implying a new trend forming) and retested, which confirms that the old trend is no more.
4. Bearish Price action: this current price action is volume going down as price is going up. That implies a bear price action structure or current trend exhaustion (bullish exhaustion).
5. We are not truly in a bull market until all time highs have been tested and broken. - This should be obvious.
6. Weekly HS neckline at 50k has been retested: this confirms the bearish head and shoulders pattern.
I know this is not the post you want but it is the post you need to at least give some thought to. I made something similar back when bitcoin was between 50-65k. Look what happened. Protect your profits, utilize risk management, and please stop listening to the crazy overly bullish people on crypto twitter and youtube. They make money when you get liquidated on trades. Notice the high amount of scam wicks recently.
As always, be patient, use risk management, and good luck trading.
Resume Bullrun 🐂 Historic Support 🟢 TP1 ✅ Go for TP2 🤔Resume Bullrun 🐂 Historic Support 🟢 TP1 ✅ Go for TP2 🤔
"History never repeats and always rhymes."
- A TradingView trader whose name I forgot
It's an extension of my previous idea.
I hold my opinion on everything there and add a new viewpoint with this idea.
◀️ KEY POINTS:
- Opportunity To Break All Bearish Channels At Once & Resume Bullrun (= Open New Bullish Channel)
- Bears Are Vulnerable
-- Saturday Bear Trap Was Successful
-- Bears Are Tired: Multiple Bullish Divergences On RSI
- Bulls Are Powerful
-- Bulls Are Still Energetic: Higher Highs on RSI
-- Historic Invincible Support Hit
-- Smart Money Bought The Dip
-- Psychologically Tempting Target: $40k
-- Funding Rate Favors Longs
-- Excellent RRR: 400%
-- Every Time In History When BTC Hit This Support Then Hit $40k Within A Week
-- Next Week Will Be Green
--- Starts From Today
🌌 OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
$33 000 - $34 000 TP1 ✅
We Hold Our Position & Go For TP2: $40 000 - $42 000
BTC wyckoff Accumulation back in 2015I think taking a look at the past is one of the best ways to predict the future. History repeats itself over and over again.
Wyckoff always emphazised Volume as the best Indicator. He also challenged us to ask ourselves "what is the composite man doing right now?"
I think he was spreading FUD like crazy, while accumulating
Phase C
Remeber what the Spring aka Shakeout is: It’s usually the last attempt of the Composite Man to acquire shares at cheap prices before the mark-up move. Creating selling pressure forces retail traders to think that the current trading range will end in the mark-down movement (along with FUD) and exit or reverse their positions. The Composite Man waits for breakout to create enough liquidity and then rapidly covers all available supply resulting in price getting back into trading range.
Test: A small retracement to check if there is enough support at the bottom of the trading range after a shakeout. The Composite Man stops his buying pressure (as we see on VOL) and checks if the market has enough demand to not let price fall below the trading range. If so, the market is ready for the mark-up move. If not – the Composite Man continues his accumulation of available supply
Phase D
LPS: is the reaction after a Test rally. It usually retests previous levels which were considered a resistance. These reactions are usually quite slow and have no volume (as we see right now!)
Right now for BTC the VOL should stay low, because the Institutions stopped buying and manipulating, to check if the retail is ready to push the price up, or if there is any major selling pressure. This might take a while and might be a little more back and forth than in 2015. Once we break above 40-42k and CONFIRM it as support the Volume will come back in and from their we good.
BITCOIN Another Cool-Off Period Before The Next Surge?Every single major bull market cycle thus far
Bitcoin has had a momentary cool-off period
prior to surging for a second leg higher
and ultimately forming the cycle top.
Will we see history repeat itself here?
I for one, am inclined to think we will
despite all the FUD and nay-sayers.
Time will tell...
BTCUSD- Downside Projection 21K If we take a look back at the 2017-2018 Crypto run up and sell off the similarities in price action are eerie. I went through studying all the moves trying to find a proper price target based on measured moves with little success. However, today I had a realization, once BITSTAMP:BTCUSD was unable to rally, and a large liquidation through $30000, I realized that we could be on track for another 50% downturn from this level as distribution continues.
Comparison -
Here is an image of the 2018 drop and as we can see their similarities are glaring. Bitcoin made a new high moving up 492% from a swing low. Dominance fell off sharply right before this high was made topping out around 71. This was followed by a sharp drop in dominance. Despite this, the price of Bitcoin continued its rally finally running out of gas at 19666. Here is where things really become interesting. Ethereum the second most popular cryptocurrency at the time (coinmarketcap.com), began to go on an insane rally. After making all time highs with bitcoin, it pulled back with bitcoin but from its swing low of 501, it pumped 183%. ETH just completed an identical pattern putting in a swing low and rallying 125%. As the ETH high was put in, Bitcoin continued to oscillate in a small range and began to lose dominance at a very rapid rate. From the ATH to the bottom of dominance bitcoins price dropped 36%. Today's measurements show a 34% drop but the pattern between highs and in dominance in price are identical. Once Ethereum put in new highs, It sharply dropped and the crypto market was all downhill from there. Bitcoins dominance finally bottomed out yet prices across the crypto market continued declining rapidly. If today is the bottom of Bitcoins dominance (beginning to look that way) I wholly expect for the market to continue lower. Bitcoin regained a dominance of over 60 after 241 days down trending The price change during this time was a drop of 58%. I expect for BTC.D to be able to top 60 in half of that time as this bear cycle pans out.
Key Differences -
While theoretically, history would suggest that Bitcoin drops 80% off highs however, this seems unrealistic without major fundamental shift. Integration into businesses and money transferring apps gives Bitcoin lots more value than it had during 2018. People are interested in Cryptocurrency but the liquidity retail has brought into the market is a double edged blade. On the one hand, there is more money going into a product with a cap on supply which will always raise price, on the other hand there is more liquidity for short sellers to take advantage of. Another aspect that has changed is institutional investing. With larger interests now holding bitcoin due to incredible alpha and versatility such as protection against inflation (something that has not been present recently but I will save it for another post) is a huge win for Bitcoin. Many institutions would likely find Bitcoin a steal at 21K as it continues to grow mainstream. These differences are the main reason I only project a 50% drop in price for bitcoin. That being said, these are only my thoughts and there could be a drastic change in Bitcoin in the near future that completely changes the market, I will update this idea if that is the case.
Conclusion -
I hope whoever is reading this was able to take something away from it. Feel free to leave a comment with your thoughts or a conflicting view.
Meaning of Lines
Red Dashed- Dominance Low
Green Dashed- Dominance High
Gold- Price High
[BTC] SHORT now, LONG later. Correction to 26-21k & up to 69k$+When comparing a simple chart of previous bull-runs it seems like BTC could drop to 21.5k-26.5k range before continuing its bull-run to at least 69.000$.
Shorting now: Risky: The trend is your friend -> wait for 30k support to give in. Start taking profits at 26.5k.
Going LONG (on margin) at the 26k-21k range: BTC won't fall below 21k. Go Long when the bearish trend seems to reverse. If BTC falls significantly lower than your entry and you get liquidated, I would advice you to go Long again. Perhaps with a bigger position size, not as a revenge trade type thing, but because the probability of BTC being at the Bottom just significantly increased. Repeat down to 21k if needed. (Say you enter at 26k and BTC falls to 22k).
You want to be in on this ride. Start taking profits at 69k.
Of course, if BTC doesn't fall lower I would go Long as soon as it passes the current ATH since it will surpass it and create a much higher ATH, historically speaking.
What do you think? What's your strategy right now?
BTC Deeper correction possible.BITSTAMP:BTCUSD
From what history from 2017 tells us is that those consolidation periods, that we are currently experiencing, can take longer (up to 2 months before price reaches the top again). Correction can take up to 2 weeks before it reverses upwards. Again, i am only backing this up with historical price action from the bull run 2017 from a similar time frame.
All Time Historical BTC Major Trends and Long Term PredictionChart Analysis:
Using historical bitcoin price data, the graph has been extended to cover since 17/08/2010, so we can do a wider historical analysis of the price.
At first sight, there has been three great btc price rises, which I'll call stages: One from 0.10 USD to 10 USD, then from 10 USD to 1000 USD, and third from 1000 to a possible 100.000 USD in the near future. These are shown in the graph with three vertical lines at the left named 1st, 2nd, and 3rd.
Inside each of these stages, we can see each has had three peaks in it, which are numbered from 1 to 3 inside or next to each peak in the graph.
The peaks in each stage have been cut by a straight line to easily identify them, and also to compare the slope each of these stages has.
In the first line, we can see the slope is very up hill, with a slope higher than 1. The second line for the second stage, has a lower slope of around 1. And the third line, has a slope even lower than the second, and less than 1 (log scale).
As it is also noticeable, begginning from the 1st peak during the first stage, to peak number 2 of this third stage, each time the width of the peaks slighly increases. Which can lead us to believe this peak we are experiencing now will be even wider than peak number 2 of this stage.
It is important to note that there is always a peak each time the price gets to 10^x USD, usually followed by a rise in price up to around 1.5*10^x, then going back to 10^x USD, and staying below that price before hitting a new 10^x+1 position.
For example, during the second peak of the 3rd stage, when the price hit 10.000 USD around november 2017, it then rose up to 15.000 USD for around a month, back to 10.000 USD, and then stayed below 10.000 USD before now rising up to 100.000 USD. This happened as well at 2nd stage first and second peak.
Also, after every peak from every stage, it has always happened that when price hits again its last All Time High, it goes straight up to a new peak.
Prediction:
Having this into consideration a prediction can be made in which there will be a third peak during this stage, which is forming now, and btc hitting not so far from now 10^5 = 100.000 USD, this prediction is the red curve, with the 3 for third peak.
Price might not get near the 10^6 = 1 million USD during this peak, as it has never reached a 10^x+1 price in the same peak as when it reached the 10^x price, nor have gotten close. But, having also in mind this peak should be wider than the last two, and taking into consideration price peaks after passing a 10^x price tend to hit a 1.5*10^x price, it might reach a price near 150.000 USD, stay there for some weeks or a few months, then head back to 100.000 USD and then stay below that price for a while as shown in the red curve.
Now, having 150.000 USD as the target, the question is when. As the price not long ago surpassed its All Time High from December 2017, price might head straight up to its target, as it has always done, and looking at how fast price tends to go to a new peak after an ATH, it might happen around April of 2021, but it could take longer and happen even at the end of 2021.
Do you think this prediction will happen?
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Source for historical price data: CoinMetrics