Does Heikin-Ashi help to determine how long the trend will be?
Predicting a specific time and price is largely a matter of chance.
Many will offer predictions based on questionable reasoning, betting on short-term memory to erase their inaccuracies, which often occurs.
Rather than speculating on the duration or endpoint of a trend, it's wiser to define a condition signaling its conclusion.
Predicting specific times and prices is largely guesswork, whereas setting a condition for trend reversal is achievable.
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September 27: Weekly Volatility Index (VIX) – 16.96. Medium-term outlook: Uptrend.
Heikin-Ashi
(-) haDelta is below its average.
(-) haOscillator, top below zero.
(!+) VIX is in a downtrend. To reverse it, haClose should be > 15.62 by the end of October 4 vs. 16.38 now. Chances to have the VIX downtrend reversed.
Non Heikin-Ashi
(-) Below the buy-stop @25.83, 52.30 % above the close.
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September 27: SP-500 Weekly – 5,738.17. Medium-term outlook: High probability for a reversal.
Heikin-Ashi
(+!) haDelta is currently above its moving average and is approaching historically high levels.
(+) haOscillator is positive.
(!+) SP-500 is an uptrend. To reverse it, haClose should be < 5,794.47 by the end of October 4 vs. 5,729.10 now. It points to a reversal.
Non Heikin-Ashi
(+) The daily Stop-loss is @5,329, 7.12% below the close.
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September 28: Bitcoin weekly – 65,877. Medium-term outlook: Fighting to break above the resistance.
Heikin-Ashi
(+) haDelta is above its average.
(+) The haOscillator broke above the zero line. Good momentum.
(+!) BTCUSD is in an uptrend. To reverse it, haClose should be < 66,300 by the end of the next week vs. 64,697 now. High odds for a trend change.
Non Heikin-Ashi
(-!) Descending triangle June – present.
(-) Below the buy-stop @72,406, 9.91% lower.
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September 28: Ethereum weekly – 2,685.4. Medium-term outlook: Uptrend.
Heikin-Ashi
(+) haDelta is above its average.
(+) The haOscillator is positive.
(!) ETHUSD is in an uptrend. To reverse it, haClose should be < 2,649 by the end of the next week vs. 2,636 now.
Non Heikin-Ashi
(-) Below the trailing-stop @3,493 30.08 % above the close.
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September 27: EUR/USD weekly at 1.1163. Medium-term outlook: Uptrend.
Heikin-Ashi
(+) haDelta is above its average.
(!+) haOscillator is ready to turn up.
(+) EURUSD is in an uptrend. To reverse it, haClose should be < 1.1182 by the end of October 4 vs. 1.1155now.
Non Heikin-Ashi
(+) Above the trailing-stop @1.0808, 3.17% below the close.
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