PFE Bump and Run!PFE is a large pharmaceutical company that specialises in biopharmaceuticals. As you can see there has been a large bump and run from the upward trend in the past, which led to a death-cross. Gaussian channel shows a clear upward trend. Green fractal indicates a follow up bump and run.
RUN
RHHBY Bump and Run!RHHBY has seen two previous bump and run formations and is looking for a continuation with a third bump and run, indicated by the green fractal. These bumps form above the natural trend and a bearish reversal slowly follows. Again I recommend ‘Encyclopedia of Chart patterns’ By TN Bulkowski for anyone interested in learning some patterns.
GN PLAY WITH PENGUINS AGAIN :) GBPNZD 22/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
GA PLAY WITH PENGUINS TOO:) GBPAUD 22/12/2019
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
Like it if it was helpful to you. We appreciate the likes and comments.
Provided feedback helps us with the future service. Got questions? Feel free to PM us!
Thank you for your attention,
GOD BLESS U ALL!
S&P to 3900, potential on phase1 trade dealAfter an array of failed emergency monetary tactics such as a $500B a year corporate tax break, 3 rounds of Quantitative Easing and 3 rate cuts, finally after the trade deal was announced, we peaked our head well up above the bottom of channel / sub-channel we had been stuck in for over a year now. This was additional evidence that the drag on stock markets despite all the corporate welfare was largely due to the direct impact of the trade war (and related unpredictable policy) on global economies.
Likely it will take a little time to step its way up to top of channel and likely will only happen in the absence of renewed trade tensions. Other than renewed trade tensions, there doesn't seem much in the way to prevent us from seeing the S&P at 3800-3900 in 2020. If we do reach top of this 10 year channel for the S&P bull market, it will be the first time we have seen it in over 4 years now and the actual first evidence of a strong corporate economy under this administration.
At this point the only way to outperform the markets from the previous 8 years is if this administrations economic policies are able to see a break upwards out of top of this 10 year channel without further emergency monetary policy boosting it. After mostly riding the bottom of trend for 4 years now, this is only the second time we have seen hope for breaking out of the sluggish bottom of channel, we just need to maintain the path of restoring global trade and I think we will see top of channel. There is a lot of potential here.
This is not trade advice, DYOR, Author is holding S&P ETF options long.
s
Bitcoin to 250k by 2023Fibonacci timezones and extensions are both very powerful tools when it comes down to finding out what time a bull market starts/ends and at what price range. The fib time zone 0.382 and 0.6 (highlighted as a vertical red and green color) is both used in order to identify the bottom of a bear market by taking previous lows onto bull run highs. This also allows you to see what timeframe the run will end by using the 2 (purple horizontal line) fib time zone; although the timezone is not accurate it serves as a way of understanding the potential time in which price peaks. The fib trend extension tool on level 14 allows you to identify the top of the potential price.
Accelerated Growth, 2020 Selloff, and a 15 Year Bull RunWe're getting very close to breaking out of the trend line going back twenty years to the 99` bubble. There have been multiple attempts over the last 2-3 years. Trump/ Fed keep lowering rates and want to continue the "expansion". I assume they will be successful and we'll have accelerated growth until 2020 Presidential elections. I expect 3600-4000 SPX before a democrat is elected. I could see Trump and the Fed will allowing the market to fall by raising interest rates and not utilizing the presidents working group on financial markets like was done in the sell off in 2018. That being said I believe the market will resume its bullish trend after a sharp sell off in 2020-2021. This is just my very broad / general long term Technical analysis/ speculation where I am assuming many things, do not trade on this even if the assumptions are correct when the time comes. Trade based on your own analysis.
Demographic data and economic cycles align with my speculation as shown by
Ciovacco Capital www.youtube.com
XRP Long - Final UpmoveHi guys,
I've been playing around with some ideas for XRP, and I think this is the most likely scenarios for it. It's looking like it is about to begin (probably already has started) the final wave in a bearish bowtie diametric. The internal polywave counts appear to be all corrective in nature (ABC, ABCDE, ABCDEFG) which to me suggests that we probably aren't looking at an impulsive series for it, and instead it is a giant diametric.
That being said, three potential targets exist for Wave-G and they are related to Wave-A by either 61.8%, 100% or 161.8%.
That gives us the following targets:
-61.8% - $2.25
-100% - $10
-161.8% - $100
Now, due to the insane market cap that would be required for price to hit $100 on XRP, I'm going to throw that one out as highly, highly unlikely. I'm currently favouring the 100% option at $10, but $2.25 is reasonable also, I suppose.
There's some pretty decent bullish divergence coming out pretty clearly on my modified AO indicator (pink/purple line), so I'd say we're probably pretty near ready to get moving on XRP, if we haven't started yet (pretty sure we have, though). I've used a few trendlines/channeling to try to get a rough idea of where we might see the ABC form on Wave-G, but those are only guesses.
Once Wave-G concludes, expect a very significant downwards move on XRP, it'll go back to the stone age.
Not trading advice.
RUN - Trying to run from the H&S patternPretty basic chart. H&S pattern has formed and the price is currently trying not to break below the neckline which would trigger the pattern. If there is a breakdown in price then the price target becomes $7.68. Situation sets up rather nicely on a reward-risk ratio.
Just learning don’t take this as advice I’m still learning but this looks to me like it’s setting up a run for Monday, double bottom on the daily could we see 26-29 smoothed out at 24ish?
INGA ING Cup and Handle long tradeHello Guys,
(Sorry for my English)
Just an idea for a long trade on INGA.
It looks like he create a beautiful cup and handle and the handle is between the 0.5 and 0.6 trend line of Fibonacci.
Cup and handle target => around 11.5
Fibonacci first target => around 12.22
It's not an advice, I just share my idea and I'm open to listening to your opinion.
Cheers
WORK the time is right?If you don't have a stomach for this, don't do it, or, do it with 1: 3 R/R why not?
My play is with 200 shares, markets open, for a long run pf course.
Game over for bitcoin?We are now approaching the resistance of the biggest bearish pattern that we had on bitcoin since the huge falling triangle of 2018 broke down, and this pattern is now so mature that it's now more likely than ever to be the last time it touches this resistance, possibly right before we have the real dump to 8k-7k and below.
The target for a triangle this big should be around 4.8k if i remember correctly, but on the log scale i think it was at just about 6k or somewhere in that area..
I have been shorting every top I could, and while one or two of my positions might end up getting liquidated by some bullshit green wick I will still continue to place more and more short orders because I think that bitcoin is way overdue for a correction, it cannot ignore the basic rules of price action for this long, and this insane unexplained unsustainable run from 3k to 14k was not ever going to be a simple light switch that can just turn on the crazy bull market again with complete disregard for time that needs to pass..
My advice(not financial advice)is to short from the green box with low leverage and from those two resistance lines with a bit more leverage, and I really think riding this dump is very likely to end up being the best short position of the entire year.
Bitcoin and Bull NewsIn the market bullish news only publish
here is one of them:
Bullish news:
Media: Bitcoin-ETF VanEck and SolidX will launch in a limited format without an SEC solution.
According to WSJ, the launch of ETFs from VanEck and SolidX may take place on Thursday, in accordance with SEC 144A. According to him, securities will be available only to institutions. At the same time, there is no need to obtain regulatory approval.
Retail investors will be waiting for the SEC decision.
#ETF #Bitcoin