vgx/usdVGX going To run so says a famous guru. Things are trending down but will watch and see what miracles happen.
RUN
2022 DXY on a parabolic run to possible $112Could we be seeing a similar parabolic run on the DXY as in late 2014 & early 2015? If so a $112 price may be in the cards or higher before we see a major correction in the DXY.
Bump-and-Run Reversal Bottom?The bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999
Bump-and-Run Reversal Bottom: Important Bull Market Results
Overall performance rank: 1 (best) out of 39
Break even failure rate: 9%
Average rise: 55%
Throwback rate: 61%
Percentage meeting price target (pattern's top): 76%
Shape: A frying pan, tilted down, with the handle on the left.
Trendline: During the beginning of the pattern, price often follows a down-sloping trendline that ranges from 0 to 45 degrees (rarely more).
Lead-in phase: The handle portion of the frying pan is called the lead-in phase as it leads in to the bump phase. The chart to the lower right shows the location.
Lead-in height: Measures from the trendline drawn across the highs to the handle low. Select the widest distance between the trendline and the low, measured vertically, in the first quarter of the chart pattern. The chart to the right shows an example. The height is between the two blue dots.
Lead-in duration: At least a month (average is 35 days), but this varies widely.
Bump phase: This is the frying pan. The down-sloping trendline deepens to 60 degrees or more. Price drops rapidly then levels out and turns around, forming a rounded turn. Price may pause at the 0 to 45-degree trendline (see Trendline above) before moving higher. The chart to the right shows the location of the bump phase.
Bump height: Measured from the trendline to the lowest low, vertically, and it should be at least twice the lead-in height (but allow variation). The chart to the right shows the measure between the two blue dots.
Uphill run: After the bump phase, price begins an uphill run. I show the run phase on the chart to the right.
Volume: High during the start of the pattern, the bump start, and upward breakout.
Confirmation: The pattern confirms when price closes above the down-sloping trendline. Do NOT accept any patterns which does not show a close above the blue trendline (after pattern's end).
USOIL Re-entryAfter the strong pull-back I'm looking to add another buy around my initial entry from previous idea. If this breaks again we could finally see a push closer to the previous ATH. Remember to keep using a trailing SL when well in profit :)
Patience with #USOIL could pay more than just a billMy previous idea on USOIL breaking played out with near perfection, now it's all on if a new ATH could be in play. I'm willing to continue to hold my position to find out, this is my first real swing trade , but a drop back to entry seems unlikely at this point. It did do a deep dive down but was able to continue it's upward momentum, I don't see a dive that close to entry happening anytime soon, either way this trade should be set with a SL in profits, take a little money off the table. If there's another pull back it should be able to hold around the 108 area, if this happens I think this is where the real run can begin. I'll have a buy limit set around 108 area to top-up my trade as well.
TSLA - TESLA Run - GAP - CRAP PatternThis seems too obvious to be true.
But the facts are the facts.
Besides the Run-Gap-Crap pattern, there is much more to recognize:
Watch the grey up-sloping pitchfork:
Price ran above the CL and now is pulling back, even closed below. This is a clear short signal. And it's in line with the yellow Mini-Pitchfork's CL too.
Another tool I use often are the sloping A/R lines, also in grey. I use them for timing, and even they intersect the confluence point at the pitchforks CL and the yellow downloading Trend line.
And even oscillators are telling their story too.
LEAP options are my favorite instrument in this case to play this move.
DOT bull Run set upDOT Bull Run soon , May and April will be big months for crypto Lets goooooooo Lets make this MF money
stop runstop runs are good in bullrun for entries. Maybe wrong, if right it's possibly bull market again. I don't know the future. Might lose money I'm taking either way.
AirPods To Gain Amazing Feature UpdateApple consistently improves the features in its suite of fitness monitoring. It adds new elements, like the recent Time to Run, for instance. But a newly revealed patent indicates it has plans to change things. I’m not sure I like it.
The patent means it’s not going to be as easy to cheat when you’re working out. I can remember a visit to Apple’s secret research labs for Fitness+ and being told that a new yoga workout was being added to Apple Watch. It meant, I was told, that it would be much more accurate than the current version.
Allianz (ALVD) Breaking All-Time High – Stocks - DailyCAPITALCOM:ALVD
Taking a look at Allianz (ALVD) on the daily chart, we can see that it's reached an all-time high that it hasn't seen since February 2020.
Once reaching its peak in February (at the price of approximately 231), it reversed and dropped straight down to 116 in a matter of days. It took two years to recover, and now it is hovering at 231 once again.
The analysis shows the extended downward trendline from the high point in February, moving across the peaks in June 2021. If the price was still below this line, I would be inclined to consider it still in a downtrend. But using the 1-2-3 change method and having the price close above this line of resistance, we can assume that it is in an uptrend now.
An upward trendline marks the movement from the falling price back in 2020 along the valley of the price through September and December of 2021.
Currently, the price is on a massive incline uptrend, which is enhanced by an upward tightening wedge. Using the Fibonacci retracement, we can also see that there seems to be a partial rise indicating that an upward breakout is imminent.
If the price breaks through this barrier, then there are no resistance levels standing in its way. This could mean that price will climb to a new all-time high but determining where that is could be difficult.
The long option here would be to set your stop loss below the Fibonacci retracement level of 38% and then go for a solid 5% increase in price from the breakout point (which is 232 about). This would yield you a reward ratio of 2 to 1. It might not be the most considerable trade, but you could run with the breakout and see where it goes.
One of the negative factors I would consider is that selling pressure on the previous valleys has been very high compared to the averages. Moreover, the last time the price reached this level, it plummeted. Thus I would wait for the price to close above 232 before going long.
SunRun (NASDAQ: $RUN) Looking Extra Luminous Today ☀️Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.
$F finally making it's run.Hello Traders,
I notice the potential gap-up back at around Nov 20th, and it looks like the volume finally started coming in. I know it's not a flashy name, but if Ford can break above 21.45ish, we could see a significant additional run. About 3 more points.
Good luck.
Cheers,
Mike
Long AVAXUSD - A rise to $235First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We reached a bottom during the correction phase of our white impulse towards $76.
We are now in the process of forming our wave 3 which will most likely go for the 1.618 Fibonacci to reach $235 before correcting again.
Furthermore, we will be able to validate the bullrun scenario once Avalanche has passed $131.
A first objective towards $200 offering us a beautiful opportunity of 90%, attention in counterpart not to go down below $96.
Let's give AVAX time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment!
Ascending Triangle - 30 Minute ChartAnalysis
Clear Ascending Triangle in the making on the 30m Chart .
RSI mostly overbought but with yesterday's rally, RSI isn't something to completely rely on.
EMA20 just crossed on the 30m Chart, meaning that it can bounce back up from here, or make a reversal down to an abyss.
Personal Thoughts
EMA20 doesn't lie, meaning that BTC has to make a decision of another $1000 bull run or dive back down.
I believe it will make a $1000 run.
RSI seems to be overbought on many charts, but Weekly Chart is still oversold for many days to come, so the pressure is still here for another $1000 bull run.
Ascending Triangle is getting thin, and BTC normally doesn't get to the thinnest point.
In the next 30 to 90 minutes we have the see that Ascending Triangle break.
RUNE UpdateWe entered when RUNR broke resistance trend line and the behavior shows strength. As per previous post we have been watching the formation and we have now entered.
Run Wish RunThese lines makes no sense so do not take them seriously at all!
This is an abstract painting!!!
Runnnnnnnnnnnnn
ERSDL - Good IndicatorsSince BTC decided to do a nice little drop last night, basically knocking “most” alts down with it, I thought I’d review my watchlists to see what coins I follow were is primo position for positive movement.
As you can see I use a custom “MacD” I got off the TradingView list, and the Stochastic RSI for dettermining potential energy levels is my way of describing it.
Right now both the MacD and RSI are is great positions simataneously at their almost lowest level. Combine this with the price levelling out at a support level accumulating and chillin getting ready to go.
During the last nice run eRDSL had back in March it ran up 232%. If I use a similar percentage for this run it could go to the 0.45 range, a nice little 3X run.
My thoughts, not advice Oklah. Cheers
GNUS BREAKOUTGNUS has been waiting for a long time, it showed a quick spike to 2.50 recently, call premium shot up 5000% on good news. i think GNUS is really ready for its final pumps. ANDY has secured their future with over 100,000,000 subscribers, and is early into NFT sales, not to mention sold his last company to Disney.
i think Gnus easily has 5-10$ targets placed on it, if not more in the future. watch out for GNUS, over this Q3 and Q4 rallies.
The Short interest is incredibly high, it will be center stage this year I know it in my gut.
SNDL LONG SNDL is showing a clean double bottom, with a violent shakeout. the shorts on every platform have started writing hate mail to me, and trying to discredit my posts, my short interest data, calling me a child or retarded. ive definately hit the motherload.
fintel has it at 87/100 squeeze score. this is the top .005% of all stocks.
300,000,000 shares short.
10% borrow fee now, it spiked from 5%.
all the news articles are switching to long
even investorplace
Cover your eyes now!This should bring out both bulls and bears! 😱
It's an amazing and long channel.
The bulls will say that it's a breakout of the channel. The bears will argue that it means the NASDAQ will crash.
I'm not into that debate. It's a dangerous one.
Overall I think there is a slightly greater probability for the south based on the channel - but how far south is big problem.
There is a probability for the north and a breakout because of the ATR line on the 1-day time frame showing a sharp switch.
The the above only apply at this snapshot.
Have a look. If you have reasons to be bullish or bearish, have your say! 🙏👍
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
SHIB NEUTRALI am neutral on shib. waiting for a better deal in the triangle and some confirmations before going long any further. 30b + market cap is pretty hot and could cool off for more altcoins soon.''
Rating 60-40 neutral bullish.
We are reaching the final portions of phase 2 markup, into the "distribution and publicity phase" the final peaks and then inevitable fall of shibcoin -61% before its next doldrum phase.
