


itsjustanalysis
PremiumPeople advocating shorting are one (or more) of three things: 1. New traders who decided that right now was the best time to short (probably because they have been in painful long positions). 2. Trolls. 3. Malicious. Regardless of what fancy schmancy theory you trade, just use some logic: Does it make sense to short a market that is already down 80% from its...
I am not the biggest Elliotician on the planet and it does not play an overly significant role in my trading or forecasting - however I do find it a very powerful tool when combined with Gann's geometry, Gann's year and day cycles and Financial Astrology. Gann tells me when something may happen and at what price . Elliot determines a more precise value area....
Financial Astrology has nothing to do with how you can get that Libra you think is so hawt to fall in love with you. It has nothing to do with horoscopes or chicken bones or madame cleo. Financial Astrology is a study of the longitudinal location of planets in the sky, identifying those angles and recording market behavior and human behavior. Or, as the great...
There are 8 Major Harmonic levels on any chart. Each level represents the hardest and stiffest form of support/resistance when prices get to those levels. They should be the most difficult value area to cross above or below. Where Ethereum is currently trading is the last stand. The final castle. It is the Alamo and Thermopylae. The 1/8th Major Harmonic The...
Based on the Mirrored Foldback, Financial Astrology and Gann, the rug pull happens here. More detailed information coming to update this idea - want to get it in for bragging rights before the drive up!
Ethereum is a constant and consistent laggard for a great many reasons, none of which matter. On the technical and cyclic side, once it enters the arc it is stuck in time and nothing likes to remain in stasis, the probable direction is a violent move higher.
Bare with me a second while I explain this really quick. But before I do, get out your magic 8 balls, chicken bones and some dice or whatever, cause this is going to get really weird. I utilize Financial Astrology in my trading. Financial Astrology is nothing but mathematical psychology based on astronomy. Or just correlating historical price behavior to the...
NANO has had a phenomenal run, but the current level in the market geometry is the stopping point until we retrace at least 50% of the move, but not beyond the 2621 major harmonic level
189-day Gann cycle, strong trend reversal. Tweezer bottom on daily. I'm not a big fundamental/news based guy (I don't believe it matters) - but the new Prime Minister, Scott Morrison, is apparently better for the markets than Mr. Turnbull was. Regardless of the reasons, the trend change was already identified a while ago and price is catching up with time. In this...
Bull trap extension to the upper Gann angle, low volume pump in price action over the last 2-3 weeks indicative of false breaks and moves. Couple with the August 8th Gann date (Gann said to watch for tops and bottoms around that date) as well as a new moon phase, this topping pattern is forming a high probability of a move down for the next 45-90 days
Not much to say here, bear trap appears to have shown up last evening, coupled with Bitfinex short interest near all time highs, we get a break of this level and a squeeze is a very probable outcome.
August 8th is around the corner, which is the next important specific calendar date that Gann discussed. There has been a strong market bottom found on the GBPUSD forex pair. If we observe the thin red horizontal line right at the current value area (it is 0726 CST at the time of writing this), it acts as a natural pivot and rejection at price. Additionally, the...
The diamond pattern is a very rare pattern. It is a combination of a broadening pattern and a symmetrical triangle. They are rare, hard to observe and it's easy to miss them. However, Bulkowski's ranking system rated the diamond bottom pattern as the #1 pattern in terms of performance. The AUDUSD chart is showing a diamond bottom right at the end of some...
Gann wrote about a few specific dates in his books and one of them was August 8th. He said of August 8th, "47 days from June 22nd, very important for a change in trend and watch for tops or bottoms." The fact that we have made new lows/highs or have returned to the lows/highs of the year is important, especially because of this date. The time cycle itself is...
Gann wrote about a few specific dates in his books and one of them was August 8th. He said of August 8th, "47 days from June 22nd, very important for a change in trend and watch for tops or bottoms." The fact that we have made new lows/highs or have returned to the lows/highs of the year is important, especially because of this date. The time cycle itself is...
The dollar bull trap was initiated 2-3 weeks ago, and the time cycle in the Law of Vibration has triggered today - DXY will fall considerably and with significant momentum. (time of writintg is 0741 CST)
The image you are seeing is a rare (only because not many people use it) and old form of technical analysis from WD Gann's work: the Square of 52. The Square of 52 is a 52 week time cycle that begins at an important high or low, in this case the all time high of Bitcoin. What we have here is the exact center being traded, and it's at the bottom of a...
Exact center of the Square of 144, time and price squared exactly at this value area, intersection of the major 1x1 angles in the Square of 144. June 22nd - June 7th Gann season and day count dates. Supportive buying conditions on the weekly chart.