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Tdsequential

EUR/USD down trend reversal.A three inside up candlestick formation was completed on August 23rd, on the daily chart, signaling a possible reversal. Later on September first after some nice upward movement, again on the daily chart, the Lux Algo flashed a strong buy signal. A day later on the second a somewhat contradictory signal flashed, the completion of a sell setup on the TD sequential. If we have in fact started a new uptrend I believe this sell signal from the TD sequential will only lead to a small correction. The correction seems likely since the formation of an evening star pattern is currently in the works, though we will still need to wait and see where the August 6th candle closes.
Long
by biscuitbuns23
$BTCUSD still bullishThe double 13 signal the other day likely produced the 2 selling pressure days. However today we saw a strong move that, very importantly, made another price flip. The setup count is now reset to the upside. Yes the yesterday price flip would indicate a good short opportunity, but given the strong move today, producing a piercing line pattern, $BTC shorts might want to take a step back and wait for better confirmations. For myself, I'm still holding my $DOGE bags, it is the weak performer so far in terms of holding up to strength. I still look at $BTC and $ETH to determine the major movement of cryptos. We can see more confirmations for both sides once we break out of this consolidation
COINBASE:BTCUSD
by kidze
watching $JMIAAn overhyped stock, dubbed to be one of the "$AMZN wannabes" cohort. We see absence of buying pressure on the daily and weekly chart (no green bars). This implies no interest in buying dip, the last green bar seen had its low broken --> dip buyers got hurt. However we see it printing the daily 9 and sequential 13 and potentially a weekly 9 next week. Demark indicators are great at signaling selling exhaustion TIMING, although needs to be confirmed by price movement. I use these High-Low-Close bar and a coloring rule based on percent change and golden ratio to be my confirmations. I want to see green bar daily printed and have its high broken. Ideally by more green bars.
NYSE:JMIA
by kidze
$BTC double daily 13Expecting price to react to this double Demark signal: sequential and combo 13. The combo especially have historically worked at predicting exhaustion after sharp price movements. I anticipate a short-term top for now. Conservative trader might look for price flip to exit position. Or using my new indicator, exit the position when the low of the first red bar is broken. Some Elliott Wave theorists point out that this is not the start of a bull run but in fact a bull trap movement, meaning we might dip lower than $28k. I will keep that scenario in mind. I just exited a second 25% of my $DOGE position, still holding 50%.
COINBASE:BTCUSD
by kidze
$BABA daily 9 weekly 8 and monthly 9I would be more interested if we see some wide range candles, indicating capitulative move. This 9 candle is weak. If next week is a 9, then I would look for daily 13. An aggressive trader would look for either Aggressive sequential and Aggressive combo 13. I doubt we will make sequential or combo 13 when we have done such a steep move down, but it can happen. Fundamentally, investors have lost hope on Chinese tech companies. Chinese companies can't get Apple big, since getting big will take away the CCP's power and that is not going to happen. Thus long term investor will shy away from Chinese companies due to this political "cap". I remain a trader for Chinese companies. Would not hold any for long-term since such an environment cannot breed multi-decade compounder like $AAPL and $AMZN
NYSE:BABA
by kidze
2
$BTCUSD printed a perfect 9 at resistanceBitcoin can definitely ignore the signal and blow up further, however I would anticipate a drop. This level is previous resistance. Having said that, historically (in 2018), Bitcoin did not get to 100% retrace to the upside like this time, some short squeeze might happen at this level. In any case, I would hold off from buying at all. There are always pullbacks from such a rally. For those using the Ichimoku, Senkou span B is strong resistance. Although breaking of the Kumo and pulling back, finding support above/at Kumo is extremely bullish.
BITSTAMP:BTCUSD
by kidze