QQQ has a number of bearish confluences. 1. Hidden bearish divergence 2. Bearish gartley harmonic 3. Third trend line bounce If we can get a close below $445.00 we can see price hit back down to previous support @ 437. Puts right now are $.017 @436.00 EXP EOD Friday April 12th and 16th EXP is at .32 I think these contracts will be very valuable
1. Massive uptrend that has blown past previous support and resistance 2. A bearish pennant pattern is forming 3. Price action is trying to close and trade above the $70k mark Things to watch for to signal the BULLS are back 🐂 1. Price trading consistently above the $70k mark 3. A break above the pennant pattern with a retest to signify the bulls have...
🐂🐂🐂...💨 - BTC inverted head and shoulders forming - Strong support from the QP Levels - We can expect it to retrace ideally back to the -0.618 level that happens to be a major QP -RSI Is highly overbought - which means that there are more sellers than buyers at the moment for that price This can be day traded / Option traded / or just HODL...
GBPAUD is going to pop up some good confluences overall up trend bullish flag extension incoming needs to break previous resistance it bounced up
open door Calls: $3.00 EXP March 01. 2024 cost is 0.13 Based off technicals we can likely assume 3.25 is the next QP Stay Tuned
GBPJPY, has bounce off a major QP it has broken multiple trend lines We could see a retrace and then pump down. Gold which is inversely correlated looks very bullish up
We are breaking out of this trend line and the other trend line as well. We could see a pump to 2050 bears and bulls are fighting a battle and we will see who wins
GJ broke and closed above a major QP Next Pivot point would be the TP Coming out of a bullish pennant pattern
gold is in a bearih flag pattern head and shoulders within the channel
Since earnings have come out, things have been hot. but what goes up must come down, We are due for a retracemnt and we have a rising wedhe/ channel and a gapp to fill
USDCAD is coming down to the next piot point , which is alos the .618 extension. bearish descending triangle
Prepare for launch to the next QP we have a bullish penant pattern Bullsih divergnce Simple, Sweet , Profitable
Pound is getting pounded on Bearish flag at QP head and shoulders is forming has been hovering around that QP which indicates it's getting weaker
Bearish flag and the next QP is approaching. there will be a retest in that channel possibly to the .618 then continue down
head and shoulders bearish flag pattern on 4 hour bears are coming beware
Cardano is having downward pressure, and we like to trade with the trend. bearish divergence confirmed on the 4 hour Taking it to the next supply demand zone at the bottom of $44 and $45
We have a lot of pressure on this wedge. Hidden bearish divergence ( Indicating underlying weakness) Failed to break $100 I see $75 coming or the next QP which is $87.50
Xrp is going to have to make a choice on where it wants to go. 1. Overall trend is down ( trend is your friend) 2. Option 1 is we go straight down and hit the bottom of a demand zone 3. Not to mention the head and shoulders too. A lot of bearish confluences 4. We have bullsih divergence on the daily and 4 hour at the bottom of a bearish bat ending on the .50...