Cycleanalysis
AUD USD ShortHello traders and analysts,
We have our sells activated - the reason behind this is looking on the weekly timeframe - the wicks have been removed by the recent candle closes on the daily.
Trade 1 has been taken,
Trade 2 - un-activated - as price may attempt to settle around 72.XX
Upcoming
We will share our new analysis for DAX30 soon.
We cannot see a specific level holding for the future.
Why are we selling?
Aussie budget looked to really help alot of average Australians, but failing for Queensland to open to NSW and Tassie, WA for freedom of complete movement will be damaging as Summer season comes.
Stimulus is provided but Scomo's government is worried about the deficit.
USD side:
Price is volatile - during the election process in the US, the worlds relationships are affected
The election is coming closer <30 days.
The S&P500 and NAS100 are not shown here but use reference for our previous ideas to show where price has reached our over exposed markers.
The stocks have recovered well from a V - shaped recovery, too fast with big price action gaps.
Dollar is strengthening.
Shift in presidential change of power?
Covid 19 - second wave has concerned EU governments - with further pumping of money to "control" the costs of job losses and curb closures.
We have established a great supply or essentially a strongly overvalued market again in quick succession, however price will be giving some good areas to sell this aligns with Commodity currencies like the Aussie.
This is a long term sell. price can and will invalidate.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
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Team Lupa
Bitcoin SV 200%+ in less than a month
BSV seems to be what is a third cycle of a pump and dump.
Using history of the 2 other cycles, it seems that BSV dips 3 times before making a major pump and dump.
Using the MacD it seems that we are on the 3rd dip meaning we will go up soon.
My price target is 630- 700 using fib retracement.
Stop loss is set at 200 for a risk reward ratio at about 27. Using fib time, we will hit this target on September 7th.
!LET'S NOT FORGOT THE INCOMING GOLDEN CROSS ON THE DAILY CHART!
#AUD/NZD AnalysisThis Pair has entered a New Bullish Ascending Channel after a lot of Compression by Sellers. Buyers have pushed the price upward and broken the 1.0700 Resistance Level.
Price is currently at 1.0800 Resistance Level and has hit the Trendline Resistance. So we have two types of Resistance at this point. Horizontal Resistance & Trendline Resistance.
Trade Idea:
This is a Bull Market, So only look for Buys. Wait for the Price to fall to the 1.0773 Support level which is also a Fibonacci Support level. Then enter for a Buy (Go Long).
First Target TP is 1.0822 level.
Second Target TP is 1.0875 level.
Use Good Risk Management and don't forget to set a Stop Loss.
Seasonal Long from June rotation into August $DJI $DIAThe end of month rotation of June is upon us. On Friday June 26 we witnessed some very interesting rotations into small caps, cyclicals, and silver.
If the virus news does not overwhelm the markets (big players control the news flow) then we have a good possibility of moving up toward the Independence Day holiday and beyond toward the next FOMC in July.
The big push comes after that FOMC statement on average and we get a rally in bonds, stocks, gold and silver.
Seasonality Long from the June rotation into August $DJI $DIAThe end of month rotation of June is upon us. On Friday June 26 we witnessed some very interesting rotations into small caps, cyclicals, and silver.
If the virus news does not overwhelm the markets (big players control the news flow) then we have a good possibility of moving up toward the Independence Day holiday and beyond toward the next FOMC in July.
The big push comes after that FOMC statement on average and we get a rally in bonds, stocks, gold and silver.
Bitcoin to $1000000 by Q3 2021? Vibrational AnalysisOkay this is too good to be true, but charts seldom lie.
Applying the principles of vibration to the Bitcoin market, it is quite evident that the price of Bitcoin is aiming 1 million by Q3 2021. However it is hard to personally believe this, so sharing this analysis for the community's feedback.
Time Cycle - 34 Days and 5 days gap for the next cycle to begin.
Equilibrium of BTC vibration - Ascending
Equilibrium of USD (DXY) vibration - Descending
The only way Bitcoin goes to 1 million is when the money starts leaving fiat. It is indeed a brave new decade in a brave new world. The possibilities are endless.
What do you guys think?
Bitcoin to $40000 by August? Time cycle of 34 days is perhaps most important to Bitcoin I have found. And it has been giving gaps to the multitude of 5 days before changing from one cycle to another.
As per the current cycle we are in and the important fundamental of compulsory retest, this curve is awaiting a retest, which makes me predict a high of 40k by August. Along with the angles of 156, 146, 138, 131, 119, 106 originating from this very point which are acting as clear lows or acting as resistance for further dump.
GBPJPY BUYWhat happened? Weekly candle wicks down to 124.00 level it was respected and price rejected support, bouncing out of the 40 week cycle trough.
Whats going to happen? never know but what we know from the cyclic phase analysis is that price is currently in a bullish phase until July 7th where the bearish phase is expected to begin gaining momentum.
Whats happening? Price is currently completing a 80 day cycle (56D) trough. hoping we'll start to see more upside volatility
40 Day Peak Likely in, Shorting for the 40 Day Trough.Hello traders,
I mostly trade the 20 day FLD (Future line of demarcation) and the target generated from the 20 Day FLD has been met for the 40 day peak. However while considering the 40 day FLD, the peak target is 0.90730 and the high of today as of now is 0.90103, so maybe there can be a little push up before we go down to the trough.
Today is the 34th day in the cycle and the rising wedge is squeezing tighter so time is ripe for the decline into the 40 Day trough.
TARGETS
As I trade the 80 day cycle therefore I look at the 20 Day FLD for target generation.
Price is currently above the FLD. Tomorrow's FLD median price, our cross point is at 0.88519, Pivot point will be the peak high, which as of now is at 0.90103 this gives us the target of 0.86935
I have my sell stop orders waiting around the cross point.
The overall trend is strongly up so I have adjusted my position size accordingly.
Note: these numbers mentioned above are based on my broker, Alpari internation and not Oanda (the chart above), so there will be slight variations when compared to the Chart above.
Tomorrows
Sell stop orders
Silver bouncing out of a 40 Day trough.Hello Traders,
Dont pay much attention to the all them messing lines Ive drawing on the chart, they are scribbled on a shorter time frame.
TROUGH ANALYSIS
As I trade the 80 day cycle, targets are generated using the 20 Day FLD, Price is currently below the 20 Day FLD. Todays Median Price of this FLD
is 15.51 taking the Pivot point of the low of the 40 day trough (on 21st April) at 14.50 Target comes to 16.52
I have my buys set at the cross point might change them based on the price action on shorter time frame.
These targets are dynamic and change everyday (as I trade EOD), depending upon the position of the FLD. I'll update as they change.
Note: these numbers mentioned above are based on my broker, Alpari internation and not Oanda (the chart above), so there will be slight variations when compared to the Chart above.
Targets met for the 40 Day trough, now long for the next peak.40 Day trough targets were met yesterday, 21st April so most likely the low of yesterday will be the trough of the 40 Day. Now lets look at the peak coming ahead of us. I usually trade the 80 day cycle, so now we are in the second half of the 80 day cycle.
TARGETS
As I trade the 80 day cycle therefore I look at the 20 Day FLD(Future Line of Demarcation) for target generation.
Price is currently below the FLD. Tomorrow's FLD median price, our cross point is at 1.24676. Pivot point will be the recent price low at 1.22470 this gives us the target of 1.26882 .
I have my long orders waiting slightly above the high of 21st April.
The FLD position changes everyday (as I trade EOD), thus the targets change with it. I'll update if there are changes.
Note: these numbers mentioned above are based on my broker, Alpari internation and not Oanda (the chart above), so there will be slight variations when compared to the Chart above.