Ordered Chaos: " every Time Frame displays its Ripples "Part of my ongoing series to showcase examples of my methodology.
This example is a Comet that comes around every so often, UJ101.25
First sighted in 2018 <- click -> Then again in 2019
One may behold this celestial object with the naked eye.
Please "horizontal line" at 110.025 on your USD.JPY chart.
Scroll back at any resolution and observe each of the visits.
Its appearance often marks the change of season.
Its gravity may have captured UJ into its orbit.
Its presence is felt every visit by every Yenling.
Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Embraces will observe Order.
He who Ignores will behold only Chaos.
Ordered Chaos
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want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Fibonacci
Bitcoin : The beauty of Golden ratioHello fellas, welcome to the another day of the uncertainty and flatness for bitcoin. As a mother of all cryptocurrency, it's very tense that the price is moving with a lot of uncertainty and doubt. Now, I want to acknowledge you all with my current bitcoin bias which is very important.
First of all, I want to explain about the golden pocket. The golden pocket is the area between the .618 -.65 on fibonacci retracement. And the .618 itself is also called golden ratio, It appears many times in geometry, art, architecture and other areas including trading. Whenever the price is touching this golden ratio zone, you must respect it as a major support or resistance because that's how trading work. You can't go against this golden ratio otherwise you'll keep losing.
On the chart attached, we can see that on current down trend moves, there are 3 impulses moves and 3 corrective moves. On every impulse moves, I give the series of swing high and swing low, This labeled point is where I connect the fibonacci retracement to measure the corrective wave target. And on the 1st and the 2nd corrective waves, the top of corrective waves end up with a wick at these golden pocket range! is that a coincident? very interesting!
Now, I want to show you at the 3rd series of impulse and corrective waves, It's where we are right now. The golden pocket zone is above the white resistance trend line. But, current price action shows us there are a lot of uncertainty and fear which make the bulls losing momentum slowly. The corrective waves 3 is trending slightly below 0.5 fibonacci retracement level. But, there is still opportunity for the price to have a spike to golden pocket zone although relatively small.
The consequence if the price fails to break this 0.5 fib levels as resistance, we might see a horrific down trend moves and potential lower low. This is simply because we see the bear are in complete control over the market with the momentum of correction wave is diminishing from .618 to .5 fibonacci level.
I just can say, stay away from bitcoin right now. Longing at resistance is not a good idea, but shorting without the confirmation of lower L and lower H clearly is not wise. Although I'm on bearish sight, I'm still lack of confidence to open any position right now.
Pulse of an Asset in Fibonacci: GBP.USD at minor Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the buyers still there? Enough to absorb the selling power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
This is part my ongoing series to collect examples of my Methodology.
Also see the GU Major Impulse Redux at the TOP (click) .
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Pulse of an asset in Fibonacci: Gold Impulse Redux: Iran CrisisAs you know, the US-Iran situation pumped Gold price.
Now it is deflating back towards pre-crisis price ranges.
It will probably return to the original Impulse of wave.
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
This is part my ongoing series to collect examples of my Methodology.
.
.
Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Pulse of an asset in Fibonacci: BTC near Iran Impulse ReduxBitcoin (and crypto in general) saw an Impulse due to the Iran Crisis. (or so it seems)
We have retraced most of the move and are revisiting the source. (Impulse redux)
The next few dollars will determine the true nature of the move. (purely Iran?)
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the buyers still there? Enough to absorb the selling power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
This is part my ongoing series to collect examples of my Methodology.
.
.
Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Here is BTC Indicator can find support & resis. using fib levelsI discovered an interesting indicator today called "Bitcoin Logarithmic Growth Curves" (from quantadelic) that bears mentioning. It does a good job of finding support and resistance using Fibonacci levels without having to draw them.
Unfortunately it works only on BTC charts but it does display them well for any time frame. It also works on logarithmic charts but as expected it will create straight lines instead of curved lines.
The lines shown on this chart were drawn automatically by the indicator, so there was no user bias involved.
It's not perfect but since it takes no effort to display the Fib lines on the chart there is no way to misdraw the lines. It gives you the ability to detect strong areas of support and resistance that you may not have seen before. You can also set up alerts for any of the levels which is quite useful.
I have only been playing with it for an hour, but thought you guys might be interested at seeing what it can do. I'm adding it to my arsenal of tools. I only wish I had it sooner.
Bitcoin Update : Elliot wave count, Invalidate previous analysisHello fellas, welcome back to the Sunday night update about bitcoin. Today is the January 5th, 2020 and this is going to be an awesome update for bitcoin for mid term use of trading set up. Here we go.
I have to admit that my previous perspective which said that the B wave has already confirmed could be invalidated when the price breaks the green region around the $7500 region. From my newest perspective and EW count that is very updated, we can see that there is a possibility for bitcoin to form an ABC structure which the B was bottomed at around the golden pocket region which coincides with the previous broken resistance that was become a support as well.
The 3-3-5 structure for the potential ABC corrective wave of the whole bearish structure could be in play with the potential target minimum at 1.1 fib extention around $8000 - $8100 region which once again coincides with the 38.2 fib retracement from bearish impulse wave of higher degree (gray region).
Break out of the green region will be another long entry or you can adjust the long entry when the price touches the yellow region as a pull back that I expect to occur in near future.
What can I say, mid term could be bullish, but for long term we're still under a huge pressure of bearish structure. And what my position for now? a big 0!
Crypto market Sizzling against Ceiling: BreakOut / Dump ImminentQuick Overview of the Major coins and their immediate Resistance zones.
Some are showing signs of breaking out, others are testing boundaries.
All coins orbit Bitcoin, but rallies/dumps often start with an alt coin.
This is a great example of a very useful PAID tool offered by TV.
I have several layouts saved with multiple assets in ONE window.
With 3 monitors, I can view ALL markets: Crypto, Forex. Stocks.
The Multi-Chart layouts are great for a quick glance to read an ENTIRE market.
If one or two assets are doing something DIFFERENT than the rest, drill down.
If ALL of the assets are doing the SAME thing, then trade yours in that direction.
All of the above Zones are from detailed plots linked below under Related Ideas.
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Pulse of an Asset in Fibonacci: Gold at Crucial Impulse ReduxGold is making strong progress towards $1650 per this plot (click) .
But right now it is approaching the most serious resistance before it.
Not to mention how over extended it is, needing a pullback soon.
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
This is part my ongoing series to collect examples of my Methodology.
.
.
Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
Bitcoin : Confirmation of B, officially lose the minor supportHello fellas, here we go again with the analysis of bitcoin in short term view. Let's make it short and essentials.
First of all, This analysis will continue the previous bitcoin analysis and bias on the short term which is still valid for now and if in my previous analysis, I said that there might be a potential of the price to reach the $9000 region again to complete the B wave structure, It's now become invalid whatsoever. Here in this newest analysis about bitcoin in daily view, I feel that the abc structure has already completed to confirm the B wave in higher degree.
Beside the elliot wave count which is still premature and this count however is very subjective to every trader's bias, I have to find some confluences reasons that might support my current bias for down trend. So, here are some confluence reasons that make me believe that the price is entering the bearish stage again :
1. The price has already broken down the minor support around $7150 region
2. Looking at the histogram on MACD oin daily time frame, we can easily deduce that the bears are in control for now with the histogram forms a lower high structure and the lower moving average is very likely to crosses down the higher period of moving average in MACD.
3. A series of lower low and lower high has already formed and it simply denies my previous bounce bias.
4. Based on higher degree of elliot wave count, there is still 1 more wave that potentially occur during this very complicated correction structure which I will label it as the W wave in higher degree.
5. Looking at the btcusd long positions on bitfinex, we can see that the long is starting to decline in the last few days and will indicate the long squeeze to occur very soon in the future.
In conclusion, I will look for the long entry around the red region between $6000-$6300 considering there is a huge price action activity occur at that area which make this as another strongest support in the mid term.
How To Plan Plan A Trade With Fibonacci Ratio ConfluenceHi Traders, In this video we will look at How To Plan Plan A Trade With Fibonacci Ratio Confluence. Fibonacci ratios are most powerful tools with they are used in right manner. We can use them in all sorts of market conditions and asset classes. Fibonacci confluence creates harmonic patterns and gives us very good reward risk ratio. The best thing is the possibility to pre-plan and quantify a trade with high accuracy.
Please feel free to comment or ask questions. Hit the like button if you found value in this post. Thanks! :)
Trading Consolidation Profitably In Forex Markets With FibonacciTrading Consolidation Profitably In Forex Markets With Fibonacci and Harmonic Patterns (A Fibonacci Confluence Tutorial)
Hi Traders, In this videos we look at how to trade consolidation periods profitable using fibonacci and harmonic patterns. Apart from using support and resistance, trend lines and channels, we can use the power of fibonacci ratios. Best thing about fibonacci ratios is that we can pre-define targets or make a fairly accurate prediction about market's move. We can can quantify trades in advance. Fibonacci is one the main tools that I use in my confluence trading. Fibonacci is the first tool that pick to start my analysis.
Feel free to post your comments or ask questions. Sorry I ran out of time so I will create another part. If you find this useful please Give it a like and share with fellow traders.
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