Looking pretty weak right here...Just eyeballing, will have to see how it plays out, but we are due for a dip, maybe some good buys on the way. I would imaging more than a few folks are starting to remember how last February worked out. I don't picture too much happening, but I think I'm gonna have to be watching several things like a hawk for the next month and a...
My very novice TA. I suspected that 42k (8th Jan) was the peak of that cycle & it would dip from there probably to 28-25k over a week or so, say by the 18th feb. That process held off for about a week but is now in full swing. I estimate that it could go to as low as 22 & then pop back up, & follow more or less within the range (Yellow plot), more or less a in...
Minor dip, and what appears to be a lower high unless prices move higher in the last couple of hours. Minor bearish divergence detected on the RSI. Ultimately I am long, got the shorting out of my system at the beginning of the year. Just looking to invest at better prices. We are overdue for a little bit of pain as well as illustrated by my previous idea which...
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AU is going well as I expected, I think it will touch my target ✌️ #keep_it_simple
16.3-16.4$ is at the convergence between the short term 0.68 fib and the macro 0.236, which would make this dilution a perfect timing for a healthy retracement on the next couple of days before going back up with August delivery numbers.
My thoughts on potential price fluctuations for Mexican peso
10500 is a historical resistance that we've already been rejected from. 7800 - 8100 is needed in order for the structural integrity to be maintained in a healthy way. Ever since 10k we've slowly bled all the way to 9k (where we're currently stuck under 9300 and above 8800 support. In my view of perspective, market makers & exchanges cooperate with each other...
Target for inverse H&S almost reached. Approaching edge of channel in confluence with the 0.5 FIB & the 3rd wave 1.618 projection (see linked ideas below) Never Trust. Verify. DYOR. Not Financial Advice Just an Observation. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is...
Purely speculation here, but with earnings 11 days away I can see this pulling back a little bit maybe down do $22 prior to earnings. (There are none). This is a hopium/growth speculation for most out there. Broke out recently because people reaching for growth.