EURUSD 1-Year cycle complete, powerful moves ahead
The EURUSD has moved to the very end of Gann’s final inner year cycle, the year cycle (360-365 days). This extends from the 2018 swing high on Feb 16th, 2018 to February 18th, 2019. Just below at 1.1224 is the 3/8th Major Harmonic , which represents the lower trading range between 3/8th Major Harmonic and the 5/8th Major Harmonic at 1.3186.
But those price levels are mostly moot. What is important is the metric crap ton of cycles that have culminated here.
First, the Gann Cycles.
- 360 day cycle: complete, indicating a strong trend reversal is imminent.
- 90-day cycle: From the 2018 low on November 26th, 2018 to the 2019 swing low on February 15th, 2019 – we get the completion of a 90-day Gann cycle.
- 144-day cycle: From the most recent swing high on September 24th, 2018 to February 15th, 2019 we see a 144-day inner year cycle complete.
- Close to the end of the current Law of Vibration cycle which ends on March 1st, 2019.
Next, we see the astronomical cycles.
- Mars enters Taurus February 14th
- Sun enters Pisces February 18th
- Sun sextile Uranus February 16th
- Full Moon on February 19th.
- Moon Perigee on February 19th.
The Full Moon that shows up on the 19th is the main triggering event here. When a series of Gann cycles and astronomical cycles culminate into one zone, we generally wait for one final triggering catalyst – that is the Moon Phase. We should expect to see a very violent move from this level next week.