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Eagle
EGLDUSDT | Crypto | Binance | Cup or Flag Which One After a strong climb, the currency formed a triangular pattern, corrected its rapid movement and gained the energy needed to climb.
As can be seen from the chart, after the failure of the white triangle, it quickly reached its highest price level.
The price is expected to show a corrective move at this level due to its sharp momentum :
This correction can continue even at the level of $ 176.
I marked the best level to offer with an orange rectangle.
Naturally, the price will not move at our request, but with its history, it can be predicted that it will continue to rise at this level by forming one of these two forms :
1. Cup & Handler
2. Flag Patter
Please Share with me your Idea About it .
Thank you
#VictoriaGold - profit taking after 1 year 👍👍👍 #vgcxThumbs up 👍👍👍
Last year + finished:
I say thank you and I take my Canadian money off the table.
Other opportunities calling at the Moment.
If price drops in the next few weeks maybe re-enter the market.
Greetings from Hannover
Stefan Bode
BigPicture:
VIX - soar like an Eagle?Hedge funds are shorting the $VIX again at a near record level. Don't forget what happened last time they did this. It was October 2017.
Non-commercials, who are now at the other extreme, continue to bet that volatility remains suppressed. Last week, they added 7.8k week-over-week to take their net shorts to 177,754 contracts – a new record (Chart 4). The prior high was recorded in October 2017. When stocks began to sharply correct in January-February and October-December last year, these traders’ net shorts were much lower. This is a dynamic equity bulls should not take their eyes off of.
Just because VIX net shorts are at a new record, stocks do not have to begin to correct right here and now. But with each tick higher, risks of unwinding rise. This suggests a surge in the cash is a matter of when, not if.
SOURCE: hedgopia.com
EAGLE Strat: Short Opp | $GBP $JPY #BOE #BOJ #forexTRADE OPP:
- Short Opp as per chart
TRADE PROFILE:
1 - Entry @ 19.275 (pending)
2 - SL @ 179.385
3 - PT @ 175.908
-- RR = 30.61:1
APPLIED STRAT.:
E.A.G.L.E.
=(E)xtremely (AG)gressive (L)evel of (E)ntry
BACKGROUND PATTERN
Scott Carney's Bullish Shark
ALTERNATIVE:
Entry @178.893 (back-up/conservative)
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
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Twitter:
@4xForecaster
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EAGLE Trade potentialWatch for a potential rally off of 0.68893.
Following are speculative forecast (i.e.: If model was forced to commit to bullish outlook), yielding the following targets:
NUMERICAL TARGETS:
1 - TG-1 - 0.75064 - 22 JAN 2015
and
2 - TG-2 - 0.77643 - 22 JAN 2015
NOMINAL TARGETS:
1 - TG-Hi = 0.79946 - 22 JAN 2015
and
2 - TG-Hix = 0.81815 - 22 JAN 2015
OVERALL:
The recent bearish swing completed a bearish impulse, finalized at Point-5 as a nadir. The following development has drawn a time-consumptive correction which is likely to remain at or above the forecast 0.68893 forecast, thus defining a fronted entry (i.e.: respective of spreads) above this level.
A break below Point-5 would abort this trade.
The methodology applied here represents an old strategy I had called EAGLE, which offers a VERY LOW risk versus a HIGH REWARD potential.
As defined therein, the RR = 21:1
Please, note that I already enter a LONG position @ 0.69382
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
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Twitter: @4xForecaster
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