Black Swan SongThe Fat Lady will sing the Black Swan Dive. It is coming. Do not be fooled. Watch the volume fade on this summertime pump.
When the real bull market returns, volume will INCREASE with increasing price. Not like this, bull trap about to snap shut on MOMO crowd.
Every bear market for 200 years has done this. Massive 50% retracement rally on low volume, "It's over! The Bottom is In!" then the Swan Song.
If you don't sell short then just sell and get into cash. A measured move from this price could reach ~3200 in October. You want to take that ride?
If you stubbornly want to hold your stonks, then FGS sell calls on them and use the money to buy puts on your shares, hedge your position.
Married puts paid for with covered calls are free insurance. Think about it!
Retracementpattern
AUDJPY | New perspectiveWith a simple trading set-up identified in the 1-hour timeframe, I am going to recommend selling the Aussie this week. In this regard, a key level at the 90.000 area and the bearish trendline identified on the 1-H timeframe shall be our guide going into the new week as we continue to look for a reversal set-up to join the potential decline. shall be
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
XMRBTC lost the weekly support 🦐XMRBTC lost the weekly support after the price retest 0.382 fibonacci retracement.
IF the price will lose the current daily support and flip into resistance, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDUSD - 15 minute chartI thought this chart was worth a post of its own. A Fibonacci retracement pattern is confirmed by a hidden divergence and a bearish reaction around the completion area of the Gartley pattern now followed by a regular bearish divergence on the chart.
Good luck to all trading AUD/USD