Numeraire (NMRUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Numeraire began a wave one advance on November 12, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 8 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, Numeraire should be heading next towards the January 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Numerai is a new kind of hedge fund built by a network of data scientists. The following video explains it in more detail. The video was published by Numerai.
(Sources: https://numer.ai/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Numeraire will takeout the January 8 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Numeraire will drop below the November 12, 2017 low".
If you think Numeraire is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Numeraire will stay in a trading range between the November 12, 2017 low and the January 8 peak until April 10".
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