BEAR TRAP OR MELTDOWN? SP500 BREACHES UPTREND!Hello my beauties.
I noticed that the S&P500 has breached a long term trendline that had lasted for over a year. It is the first time since the beginning of this downtrend that we see the price hang around below the trendline, failing to break back above quickly; the price did this a couple of times during the run to stop hunt and create liquidity. We are going to wait for price action to give further confirmation of weakness (such as a breach of solid daily support) before taking any trades, but I suggest you keep an eye out on this index to monitor price action.
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Peace.
Luca, TrickleDownFX
Down
XAUUSD🤑Resistance level❗The price continues to move in a downward channel. A local support level was formed at the center of the channel, as a result of which there was a prospect of further growth when the resistance level was broken. But so far everything is also moving in the range 1749-1762
Have a nice trade!
USD/CAD will suffer a correction before Going UpUSD/CAD will suffer a correction before Going Up
💹USD/CAD ⏬SELL
✅TP-1# 1.28200
✅TP-2# 1.27400
FOMC preview
- FED Seeks to downplay rate
- FED Is not expected to announce any major policy change
My Forecast : This Pair Will fall because the conditions are not met to start tapering this year
After Settling at a 1.2896 high, this pair requires a pause before going up
References :
DBS Bank
However, technical indicators and seasonality studies hint the pair may need a corrective decline before it finds fresh oxygen to challenge higher levels,
Benjamin Wong, Strategist at DBS Bank, reports
Link : www.fxstreet.com
FOMC FED - Yahoo
Link : finance.yahoo.com
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data, quotes, charts and buy/sell signals
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BE VERY Careful this is FOMC WEEK 21 -22 September. The movement can be huge. Prepare your stop loss if we are in the wrong direction.
Solana Visits the HospitalSolana: Well, doc, I think I did pretty well on my TPS. You may HODL my bag if you like.
Doctor: Well, under the circumstances, I'd rather not.
Solana: Eh?
Doctor: Mr. Sol, I'm afraid you are the rektest blockchains in the United States. You have everything.
Solana: You mean I have production outages?
Doctor: Yes.
Solana: Non functional dashboards?
Doctor: Yes.
Solana: Hysterical selling?
Doctor: Uh, a little bit, yes. You also have several bugs that have just been discovered -- in you.
Solana: I see. You sure you haven't just made thousands of mistakes?
Doctor: Uh, no, no, I'm afraid not.
Solana: This sounds like bad news.
Doctor: Well, you'd think so, but all of your bugs are in perfect balance. Uh, if you have a moment, I can explain.
Solana: Well ...
Doctor: Here's the door to Coinbase, see? And these are oversized bagholders. That's investors, that's adopters, and this cute little cuddle-bug is the founder, Anatoly. Here's what happens when they all try to send their SOL to Coinbase all at once. Woo-woo-woo-woo-woo-woo-woo! Move it, chowderhead! We call it, "Three Stooges Syndrome."
Solana: So what you're saying is, I'm indestructible!
Doctor: Oh, no, no, in fact, even slight whale could --
Solana: In-de-structible...
AUDCAD Looking Bearish - Time to Sell NOWTime to Sell NOW
Selling opportunity
💹AUD/CAD ⏬SELL
✅TP-1# 92.800
✅TP-2# 92.500
JamdeJam will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments.
Time to Sell #NZDCAD - After ConsolidationTime to Sell #NZDCAD - After Consolidation
There is a high probability of reversal for NZD
I suggest you to wait until it goes higher, it may go around 320 -390 ? And Fall again.
Check in the schema the first TP (RED Lines)
This is just a idea not a financial advice
So Busy 👨💻😈 This post cam late but was in my updates on another post from Sept 5th for the few that care. [b ]Much Wow! What a dip. People tell me things like El Salvador NFTs and Visa etc. cool! I suppose I am a prolonged newb lol I held to the belief that we or I guess I bought/mined early for such events to take place and be known... IDK
I do however know that I say down and don't feel wrong on the topic today and well since the last couple days.
What are your thoughts? Is it bad that people like to realize gains and say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to pull profit and even short a little??? LOL
No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK Protect Your Neck!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK!""
I am The CoinSLayer 👨💻😈
Clear H & S - it's over for now.SOL has a clear head & shoulders. End of the of our glorious up, up, up.
Sol may see a slight rise before continuing to wiggle down - first to around $130 area and then down to the $115 > $117 area. Then down to $110. I suspect it will end up at around $75 - All of this DEPENDS upon the movment of BTC & ETH.
The down trend should provide some good scalping - provided the fall is not to rough and choppy.
NOTE: ETH & BTC dictate for most coins how they will move - keeep and eye on these coins.
If BTC does fall big style (Blood On The Streets) it is possible that SOL could go to $40 or even down to $24. SO, unless you wish to HODL and then buy more on DCA, you might want to consider TAKING PROFITS or selling out and buying back in at a better price (it's what I will do).
Not Financial advice - DYOR.
Happy Hunting.