JOSE ANGEL ZABALEGUI LABARTA
NEW OPERATIONAL 40 WEEK CYCLE IN PRACTICE - CALL FOR A 40 WEEK CYCLE LOW IN $USDOLLAR - NEW 40 week BULLISH CYCLE STARTING There all, many times learning and adaptation is painful but without it, there is no personal and profesional growth. I have moved from a shorter operational trading cycle which was the 20 day cycle, a cycle that, in a ideal symmetrical situation, gives us 10 sessions bullish and 10 bearish sessions, offering us, also an ideal "swing" trading strategy, to a larger one. Shorter cycles became to be much more distorted in last years by news and X posts making much more difficult to trade a swing strategy, so I decide to zoom out of that situation and to move to a larger cycle ... but how long must be this new cycle. This is what I found hard to decipher but, after the last painful leg, I have lights for arriving at a better cyclic environment for investing, and this is the 40 WEEK CYCLE. The 40 week cycle, which has been showing well in the last years and to which I have adapted all my cyclic analysis tools, understood as developing the correct vision of the pattern recognition approach and mathematical analysis approach and, finally, defining the correct FLD pattern sequence that will give us a position trading strategy of an a ideal situation of a 20 weeks retention period. Influence of the underlying trend in this cycle. Unfortunately, in my new analysis set up, I cannot make a longer cycles analysis for correctly positioning them, like the 18 month, 54 months, 9 and 18 year cycle, so there will be a point of uncertainty of how much more strong is a 40 week cycle peak or low but, we will have clues about its underlying trend by identifying i.e. the M-shapes before, the time when a 40 week peak or a 40 week low are formed (take into account that a bearish underlying trend will be positioning the peak earlier and the bottom later, in the opposite, if the underlying trend is bullish, will be positioning the peak later and the low earlier, meanwhile neutrality will be showed by a symmetrical shape). Now, let's see a 40 week cycle in practice In the picture, the $USDOLLAR daily chart in which we can identify first its pattern recognition approach analysis defined by the diamonds in the mid showing a well formed 40 week cycle and proposing that a low was formed last 2nd of July. Meanwhile, the mathematical approach is alarming of a new trend starting and that a low is imminent. Regarding to the underlying trend, this potential finished 40 week cycle is slightly bearish, peaking a bit earlier than expected and finalizing (potentially) not late, with a wavelength of 39,4 weeks. With this picture I will be expecting a good up reaction with a minimum target of 61,8% retracement and a minimum of 15 weeks duration. In any case, our green FLD will take care of our position. Finally, the principle of Commonality in the JM HURST theory tell us that an asset analysis can be supported by alike assets (i.e. SP500 & NASDAQ & DOW & RUSSEL) This analysis has its "alikes" in other positions like ours $EURUSD $USDJPY $USDCAD and $GBPUSD Good luck and thank you, again, for your confidence José -------------------------- eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk ::
2 replies
1 reply
null
.