Manipulation
EURNZD bis short, Trend Change, Trend Line, Market ManipulationHello Traders !
Chart Analysis:
As we can see on the daily time frame market has formed an overall Up Trend. We are currently at the top of the Trend Line and also there we can see a nice Supply Zone. From here I expect the price to go down. I also marked a resistance Level which we also could reach due to market manipulation. So be aware of these Fake Outs. Trade with Price Action Confirmation and wait for valid candle stick closes in order to be more sure. But this depends on your trading plan. So stick to it.
As possible target I marked the Demand Zone which also at the bottom of the Trend Line. This setup would be a nice Swing Trade and of course you could scalp it.
That was my Idea and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions.
Thank you and we will see next time
- Darius.
Only a fool would sell (long term) in this marketWith a similar situation emerging to the 2008 financial crisis wherein gold and the stock market along with many other assets depreciated simultaneously, and Coronavirus creating a more risk averse investing atmosphere, The best trade to take now is to wait for a pullback to 1450 (likely entry) or 1400. The long term trend line shows that gold will find support again at 1450 by August of this year even if it dips below now after the current spike upwards because of Coronavirus. Additionally, gold has already increased in price almost the same amount that it initially did in the years following the financial crisis and we are currently, supposedly not in recession. Many investment firms, hedge funds, and banks predict multiple Fed rate hikes in the future adding more inflation into the price of Gold. Predictions for a rate hike on the next Fed press conference are nearing 99.9%. All factors point to a buy signal in the 1400-1450 range after waiting for any fools to sell because of BIS paper gold price suppression (Note the record high volume of trading on the last candle)
Did You Hear The Flushing Sound?I would rather use it, than own it.
I Sold all of my ACB on Friday.
I thought that it would get a boost from CGC .
But, No!
All that it (ACB) has done for 3 months, is Go Down.
I am Happy to take the loss , just so that I don't have to look at it, anymore.
This whole Cannabis fad is all Hype Bullschit.
Rolls Royce PLCSpoofing or someone just dumped a whole load of shares on RR.
In any case that must have taken most of long positions out for retail traders since stop losses must have been triggered on this one,
With no buyers left price heads south, still bullish on this one and still on the trade as we broke out of this descending wedge that we have been in for a while,
It looks like we are heading towards a right shoulder of a reverse H&S pattern as indicated by the blue arrows.
USDCAD short (Don't get trapped on USDCAD, EXPLAINED, STOP HUNT)Hello Traders !
USDCAD is right now at a daily Supply Zone. Also we can see another level of Supply. The question right now is which one will be the order block who will bring the price back down.
It would not surprise me if the price will make a liquidity push to the upside. We need to keep in mind that a lot of retail trader would take shorts now. The banks will see this liquidity in the market and will do Stop Hunting with all the retail traders. So keep that in mind. Of course you could take shorts now. But I would consider to wait for the valid retest and to watch price action in order to give you the confirmation.
Target:
The target would be the Demand Zone.
Thank you and we will see next time
- Darius.
Bitcoin - Another Volume StudyMomentum - it indicates declining interest .
Technometer - it shows a 🐻 Bear signal , and it is heading downward.
Optimism Pessimism - Bearish Divergence with the price action.
Force Index - another Bearish Divergence with the price action.
The overall Sentiment is too bullish , this indicates a drop in the price is near.
The target is around the 8k level.
BTC prediction for June 2020 based on historical price action Using the historical price action and factoring in the differences leading up to and after each BTC halving that has occurred this prediction of the BTC price by June 2020 of $97000+ to 1 BTC.
I believe the creators of bitcoin wanted their coin to succeed. What better way to display this then by manipulating the price of BTC to follow the price of gold, a precious metal which has similar characteristics as BTC.
I Will Just Wait, And "Hold"Zuanic has a Buy rating and $3.80 (CA$5) price target on Aurora Cannabis.
At time of writing, the stock traded at $1.93 per share.
Mother of all buy-zones! Short and sweet.
Unless they pump more tether into the market between now and Feb 1st this is most likely what we'll see.
Look for support in the $7500-$8000 range.
Load up in the MOABZ. Then look and wait for Tether injections. If they don't inject and we break south of the 5-year log support the pattern is invalidated, I'll be forced to exit. If they do inject tether around March 1 buckle up, it's going mega!
You're welcome :)
Longs Cashing Out. Closing or Settling?I previously commented on someone else's charts that a large player was selling BTC to buy longs and would settle or close them as the market rose. This chart shows that playing out to a T.
I am curious whether they are closing or settling. Based on the way BTCUSDLONGS dribbles off between large moves, I think they are probably closing as a market-maker. Regardless, the longs are making out great.
Scare Tactic? (I Have No Choice Except To "Hold")The chorus of voices warning of risks to Aurora Cannabis Inc.’s balance sheet is growing louder.
With a C$360 million loan coming due in August 2021, at least three analysts have cautioned that the pot company may be unable to meet the covenants on that debt.
“With balance sheet risks to remain a core investment thesis in 2020 in our view, and lingering uncertainty especially on financial covenants, we struggle to envision a scenario where shares have sustainable support,” Bank of America analyst Christopher Carey said in a note published Friday.
He downgraded Aurora to underperform from neutral and cut his 12-month price target to C$1.50 from C$4.
Ultimately, Carey expects Aurora will be able to restructure the covenants, “a big step in helping investor confidence.”
Waiting To ExhaleAccording to TipRanks, the consensus on Wall Street is that Aurora (ACB) stock is a “Hold” for investors.
But TipRanks might as well have said “Buy” — because analysts, on average, think the stock, currently at $1.78,
could zoom ahead to $3.43 within a year, delivering 93% profits to new investors.
The Market's Manipulation The market always has a game plan but the main aim of the market is to make you buy at the highest point possible. While the people who predict things get rewarded. The later you buy, the more that the people who invested at the bottom earn.
The MAIN AIM IS TO MAKE YOU BUY HIGHER!
The whales use your money by printing a picture for a massive buy signal for you at the highest point they can. They do this through many things such as Youtube, Twitter, RSI, MACD and loads more...
They might drop it to give you a massive sell signal, then pump it to your stop-loss and finally dump it back down again.
The whales can print buy signals wherever you go. They can print sell signals wherever you go. All through their power gained from capital. If used correctly, whales can change the position of many of the highest used indicators. Such as MACD or RSI. To change your mindset on the market.
----------------
My thoughts on this market:
The market thoughts were the same when we hit the bottom at 3.5k.
We hit the bottom and people were thinking we were going lower. As we extended sideways, people thought we were still going down. Until nearly everyone thought we would go further down. We then pumped up, some people switched and thought we already hit the bottom. Some still thought we were going to dump to 1k.
As we slowly went up and more and more people thought we had hit the bottom increased. The fewer people who had not brought more bitcoin. When we hit the top, this was only the whales running out of people to get to buy.
The whales ran out of fuel and we had to slowly come down once again for accumulation.
However, the cycle of manipulation repeats itself but it the opposite way.
Right now, we are at an extremely critical point. A point with humungous support. Even when the facts are given to them by analysts on tradingview, youtube, and even twitter. They still deny that we will go up. Even though when given the facts. Deny the obvious. So when we do go up once again and we do start to rally up once again you will buy HIGHER!
Enjoy your day.
01010111 01100101 00100000 01101000 01100001 01110110 01100101 00100000 01101000 01101001 01110100 00100000 01110100 01101000 01100101 00100000 01100010 01101111 01110100 01110100 01101111 01101101 00101110.