Bitcoin. Bearish Idea. I published bullish idea but also have bearish Idea that needs to be pointed out. There is a bearish order block near near 29-30k level that is confluent with .386 of the high of 1st macro pivot. Also, another target at golden pocket of local pivot with .386 of macro high. It would make more sense that a zigzag (5-3-5) "should" have equal size leg (1-1 extension). All options should be on the table and make sure all validation and invalidation points are marked and go from there.
Bearis
$PG for long term?$PG robust 10% organic growth is bolstered by higher prices and sales volume, especially the price due to inflation. Lately, the stock has been down-trending for the past few days reacting to overall market sentiment. in terms of technical analysis, the stock might continue to trend down based on historical patterns and indicators. if you look at the 4hr chart it seems that the stock is just make a breakthrough just above the 200MA but still looking bearish.. As the market slowly shifts to a cyclical rotation, most investors are looking for defensive stocks like basic needs, health care and energy.
Below is my target for entering and exiting for PG.
Day trade or scalp target play: 04/227/22
Buy call above 157.51 sell at 159.23 or above.
Buy puts below 153.25 sell at 152.26 or below.
option open interest: ideal expiration date: (risky) 06/17/22, 7/15/22
Hello everyone,
Welcome to this free technical analysis . ( mostly momentum play )
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BTC big short opportunityHello Birdies,
As we are saying this from december we are in bear market. Now the point has come from where we are going all in for short.
The points of shorting are on chart and also you can see there is a huge volume on 40,300 point .
I can say We are officially in CAPITULATION
BTC Crash every January (-15 to -50%)As you can check it out here:
1. 2015 (14 January) - Dump from 320$ to 150$, which is -50%
2. 2016 (16 January) - Dump from $460$ to $360$, which is -20%
3. 2017 (11 January) - Dump from $1120 to $770, which is -35%
4. 2018 (16 January) - Dump from 17500$ to $9700, which is -45%
5. 2019 (10 January) - Dump from 4000$ to $3500, which is -15%
6. 2020 (?)
In 10 days we will see how much % BTC will drop. My best is 30% = $5,000, reaching out the bottom at early Spring ($3,000) right before long trend reversal.
BTCUSD - Another breakdown!Hello fox, here is my idea regarding the path of BTCUSD in the following days.
Around these levels we have strong support, if we break all these levels a bear market would not suprise me.
In my oppinion we just go down to the green trend line before we might set up for another bullrun to 20k USD or continue sidewards movement.
I hope it helps you guys making better decisions! Have fun trading and as always; just invest what your also able to loose.
GBPJPY - Evolving bearish Bat onH1This one is on my radar since yesterday.
Missed my entry by a couple of pips, but I'm still waiting with my trigger finger. Once the D leg is completed it will result in a pretty good oportunity for me personally. The SL is on confluence with former structure. That gives me an extra confirmation of the PRZ. But if it fails, it will fail with a strong upward move. So heads up.
Cheerz
Nemo