US30 Short baby YEAAAAAHRide this roller coaster down and enjoy profit taking along the way! Who wants to be a millionaire????? Then lets go!!
Us30-short
Still Bearish on US30Given the current pandemic, I still have a bearish outlook on US30. The effect it's having on the economy is just beginning, IMO, things may and can get worse, but we'll have to see about that. As you can see, it was a rising wedge, then it sold off a decent amount. Price is currently in a demand zone ( former support) and is having trouble breaking through. I think this current retraceent we are in was bound to happen plus the release of the stimulus checks helped out a bit. Price has remained below the 61.8 fib level for a few days and it's even having trouble surpassing the 50% fib. Possible double top forming in the area we are currently in, then maybe a head and shoulders pattern will be created before a nice drop to the down side. Things may be totally different if a cure is found though, that will really shake the market up. What do you think? I'm very open to all opinions and other analysis !!
STOCK MARKET CRASH PENDING...price will bounce around 25k-30k before the next president is elected. Bernie sanders will win. once stocks start to tumble the crash will be put on the corona virus and upon sanders and his socialist stance. Crude oil will dip down to $42 per barrel. you heard it hear first.
US30 11/10/2019Hello Traders!
We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SmartMoney must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SmartMoney.
CHARTS AGENDA:
BITCOIN SIGN - MONEY POCKET - LIQIUDITY
ARROWS ARE ABOVE AND BELOW OF EQUAL HIGHS AND LOWS - LIQIUDITY MARKUPS
BLUE LINES - ENTRIES WITH SMARTMONEY
MARKED LINES - PREVIOUS ENTRY POINT
BOX - GAP's
Don't forget to like if it was helpful to you. We appreciate likes and comments.
Thank you,
GOD BLESS U ALL!
US30 SHORT IDEAI am looking for Market to break and retest 25876, which is where i'll be entering for a sell!
US30 SELL/SHORTHi all, this is not a trade to take at the time UNTIL WE SEE a breakout of the trend line AND A RETEST! Of course, price can continue bunny hopping up and respecting the trend line so take this trade under the two requirements mentioned! Break and retest!
Us30 Short Idea *updated* 7/22Waiting for a break, retest before entering for a sell!
*This is based off a strategy i am backtesting*
US30/USD Short Swing Trade Opportunity Price Action (Technical Analysis): We are currently at our yearly resistance level and start to speculate price consolidating indicating us that Buyers are decreasing momentum as we anticipate our next move being in a Overbought market, would be our markets distribution phase. Last time price got that high, we saw multiple pushes down. Seller momentum overload, purely Price Action analysis would tell us to short US30 until 24794.
Fundamental Analysis: Knowing this week will be a very important week for all currencies as 20 Nations will come together also putting an end to this trade war, I see price not making as much impulsive moves breaking it's consolidation market until further news is released.
WALL STREET: Crunch time!In this screencast I say that the recent weekly price action in Wall Street is a correction in a bear market. Price has moved into a critical zone and is struggling to stay afloat. This does not mean that it is bound to collapse. It means that price can probably move south.
Major crisis in the next two yearsThere are many many fundamentals pointing out upcomming crisis which I'm lazy to write down here. I'm just gonna leave here this monthly DOW chart. Prize has bounced from EMA 365 in 1974 aswel as in 2008 (Use log chart to see). The question is when. Not if.
Interesting conflict of trends and patterns on Wall StreetIn this video I show what I think is a pattern that creates a greater probability for the south.
I explain more on how I draw my trend lines, which may not be what the gurus teach people to do.
The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily.
I'm not saying the pattern will break soon. Price may bounce around more before any real action if it is to happen.
Have a look. Cheers.
US/SPX500 SHORT opportunity!Hello traders! Watch price action. It can form a correction on this level. If the price break the trend line and have a strong impulse down, then it can be a good short opportunity. If touch the trendline and reverse than it may go for a new high. Don't just jump into the trade!!!
