BHC Break the last Resistance and close to next Resistance If Resistance Break follow Long If Resistance Not Break Follow Short Drop Like if you Love this Idea :)
Hello everyone! We can all agree that it's been an exiting week for BTC, after it managed to break the 38k resistance and climb to 42k in a couple of hours. So, what can we expect next? I'ts difficult to predict where the pair will go, if not imposible, however, we can analyze its past performance to try and identify future patterns. BTC has been in a downtrend...
On balance I am not optimistic. I think this market will struggle to close the gap. FB lost $230 billion in one day. The CEO lost $30 billion. I can't even begin to think what that feels like. In the video I compare the current gap of some 30% with a similar gap of ~20% back in 2018. This video is for deep thought. There are no predictions here....
Hello, good time, we are all good, we probably have a short-term uptrend, but the main bitcoin rally needs a strong floor, so be very careful.
CAPITALCOM:SP35 We are just taking a look at the IBEX 35 and not planning on opening up any positions. This trade is a bit too complicated, and there are no clear signals (because there are too many almost) to indicate which way the price wants to go. A downward trendline from May 2017 connects a peak in February 2020. Technically from this, we can gather that...
I developed a personal trading strategy on NASDAQ:INTC to setup a trading buy scenario. What are the different indicators Showing? MACD: EMA's crossed, no sign early retracement bounce !!! market uptrend could have turned into a downtrend, but we need more confirmation RSI: Market is globally in an uptrend but RSI looks like its crossing the 50...
Everybody knows that oil is heading to the moon. In recent days, I've heard numerous estimates like $150. However, I think those estimates may be based on panic. Contrarians dare to be wrong, in the face of crowd sentiment - obviously. Everybody can see the same thing on the chart - a well formed rising broadening wedge in a bull market. Expand the chart a...
Here comes the decision time! however the all three ways are so tricky .. It's almost impossible to say which direction for sure, because they all touch each-other .. Moreover the BTC is going crazy on short-term seems all the time being manipulated...
BTC has recovered well from its recent dump into the mid 30's area. It's creating a rising wedge in a falling market which is a low risk high probability short entry target to watch. I've posted previously that I expected BTC to bounce around for a few weeks now which means you must be careful and patient about you entries. Started my short position in the 38k...
This is a theory of curves setup (TOCS) ; looking at the price action of the AUS200. In TOCS, thee is usually a 55% chance of movement in the leading half of the curve (based on personal experience). Better than 50% is good in finding entry points for trend following positions. Zoom into the chart if text overlaps candles. The AUS200 has been curving up...
Looking for pullbacks before continuation of bullish momentum. After this weeks fundamentals (FOMC) - DXY is over extended, so I would like some pullback. If we could get a pullback, it means that we could have some pullbacks on: GBPUSD, AUDUSD & EURUSD, before a continuation to the downside.
Just hypothesizing.....eth either just tanks from here or does a wave up to complete a weak HNS/inverse cup and handle pattern, similar to what BTC has on its daily chart.
BTC does look like its forming a bearflag. Could potentially hit the big resistance at ~40k$ before breaking out of this channel to the downside. Pricetarget of this bearflag is at ~28,1k$ which would automatically mean we hit also the golden ratio. This would be the best target to reach to be able to reverse the market and continue with the bull market. To the...
GBPUSD has been seriously on the rise, but can it break resistance areas and the channel's upper bound? Where do you guys think it is headed?
This is a death cross on the 4H time frame. It may not show on many higher time frames. Some traders wait to see the death cross on the 1D time frame. By the time that develops, the market is ready to rebound. I always stay 'under the hood' of the daily time frame, cuz that's where the action begins. The 4H is my fav time frame to get an idea of what's...
a setup on how I got the small term buy to about 128.900 area. market is currently ranging at the moment. expected for it to hit trendline, resistance line and fib 61.8 before it continues down to 127.500 in the demand zone
Off the basis of the levels of support and resistance in the past I feel these are the two out comes possible… as I always say like many others, Remember to be reactive and not predictive. So wait for the setups :)
Hello everyone. Today we're gonna see the different possibilities for SPX in the next days. We have a good opportunities to trade in short and long but don't forget manage your risk. Possibility 1: Just trade in the laterals for short or long trades. Possibility 2: We should wait the price break the resistence and wait for pullback, then we can looking for...