AUDCAD: London SessionIf AUDCAD break Support there is a possible short position. Risk is high due to support line at 0.88749.
Scary
BTC not feeling too well Mr. Stark Seeing a similar situation as November 2018. This would mean by March 2023 Bull Market will come back
DowJones-Umm... Someone tell me it's gonna be okay.Not saying it's gonna happen but... there seems to be some similarities to the 1908-1934 time period.
Be smart, be a Reef SharkReef Sharks is a very intelligent animal that kills every scary fish in the sea.
If you are a panic seller, Reef Sharks will kill you.
Reef Sharks open their big mouths and eat fully scary fishes shoals and their plancton bags.
Be smart, be a Reef Shark.
DJI: Kill zone ahead - scary stuff! It's a kill zone. But note carefully there are losses here.
You can't win in this business unless you're prepared to lose! I would welcome arguments on that one.
The chart shows that the rebellion of price looks powerful but on the squeeze momentum assessment it isn't that powerful. Price movements tend to scare new traders. Well, okay - if you can't take the loss stay out.
In this position I cannot predict that price will fall nor can I predict that price will bust up and through the kill zone.
All I can do is take a loss - an affordable one. There is a natural bias for winning positions. Hence seemingly unlikely positions tend not to be shown.
When price moves north it is natural to think it will continue moving north. But what if the trend picture is showing probability for the south at the same time. Scary stuff!
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. 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.
If these does not scare you, nothing will...Apple candlestick formation on monthly chart looks extremely scary...and i cannot imagine how this can turn around... and with trump ban on tiktok and wechat i am pretty sure there will be problems for us companies as well sooner or later
DeFi Scary BullflagScary bullflag on DEFIPERP, wants to trend along the outside of this fib spiral.
I recommend REP for a buy as they are releasing V2 in July.
DeFi holds promise from a TA perspective.
Looks like a truncated 5th... Bearish and Not AfraidCURRENCYCOM:US500
Don't celebrate too soon bullish community
MGM - Divergence was corerct. How low will it go now?Hello Investors,
Last time I made a bold statement that probably was distasteful to read. However the divergence we looked at did work and MGM did drop, I'm happy about that turnout. I didn't make any money on the drop, but it tells me I'm in harmony with the market sentiment at the moment.
Looking at the current 200 MA (close), I think the price will gravitate towards the 200MA. I'm pondering the questions, "How low will it go before it goes back towards the 200MA?".
MGM is a CASINO, it will bounce back it just depends on locals and tourists going to the casinos. People love to gamble, if the casinos are still closed that means people can't go inside to spend money. MGM acting CEO stated that all USA MGM's were closed, Macau MGM(been there) is still open. MGM USA will stay closed until the state stay-at-home order is lifted.
"Nevada: Gov. Steve Sisolak said in a press conference on April 21 that there is no firm date when businesses will be allowed to reopen." (source: abcnews.go. com/US/list-states-stay-home-order-lifts/story?id=70317035)
I hope this was valuable. Please comment, like and follow, I would appreciate it.))
OMXS30 Monthly - Yet another scary looking chartBottoms show a resistance (blue, striped line).
Red shows a bearish triangle forming. If coming true, target would be around 840-850 around the year 2020/21.
Pink show's bearish target.
Current uptrend (monthly) shown with Inside Pitchfork (started in beginning of 2009). There is also a chance we continue going up, but remember: What goes up also comes down.
Orange striped line from peaks of both past financial crisis' show another resistance.
Stay safe, comments welcome :)
BTC Bear Flags BewareDon't let the bears get you as you traverse the wonders of their woods. Trade with stop loss, this bounce does seem different than the rest for sure.
ETHBTC is in for a BIG jumpBased upon how ETH has been received in the cryptosphere, as well as in the corporate world, I'd say that "the ratio" is severely oversold.
You look at any news station and see that BTC is taking a PR beating of epic proportions.
ETHBTC up. Maybe to new record highs.
let it runlook at 100 ma, then look at this fall and look at thsese candles they are not normal, their bodys are too small it will drop!
