Hi, I'm Luiz Denot and after a lot of research, I created a sequence that I call DenotZ, based on Fibonacci and Elliot waves, but with more facilities to recognize their progress, facilitating swing trade and better showing the trend.
TWE: Forming a "Shoulder, Head, Shoulder". If will confirm the fall in the third circle shown on the chart, we will have a long fall SHS.
Each one comes to their your conclusion, what you think? will they stop at the first Trendline (L1), In the second (L2) or in the Support? Well, I bet it will stop at L2.
IAG Is in the right conditions for purchase. Double fibonacci and 2 Gaps to close ... More tranquility is difficult to found...
The shazan cycle? what is it? Quite simply, it's the ray of death when coming from the top down and it's salvation when it comes from the bottom up. Ok, calm down, I explain. It is that 90% of the time, when we have a "V" (double attempt to keep going up), he showed that it will not keep going up, and in this case, we have a fall...