Ascending wedge, possible bearish pattern at all time highs.
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Lower time frames- I see some serious hesitation up at these levels and what I assume is large funds taking profits, potential double top, weakness on the RSI and trend lines being broken... NFA - I am not a professional, just someone that loves charting. Above is how I see things playing out in the near term, I like to make predictions like this because for...
There's a nice channel here that seems to be garnering a fair amount of respect, a dozen or so touches top, bottom and middle, just fallen out once on what I see a corrective 4th wave. So, price has fallen out of it once and we are currently trading in the bottom half, basically in price discovery, I wonder if the rally really is over? My hunch is yes and the...
Absolutely incredible recovery here from the NSDQ... 2023 has been up up up... I am looking at this line annotated by the arrow and expecting heavy profit taking... BUT. It could just carry on going, at this stage who knows 🤷
Nobody knows what's going to happen, and if they did they wouldn't be posting it on Tradingview. Here is my long term view of the Nas, I think we are due for monumental profit taking and the start of a multi year descent followed by a colossal Bull market post 2027. It's been a good run, but once again i think there's a high likelihood we are tremendously...
I think at the very least this is Destined for the 200 EMA on the weekly... Expecting a bumpy ride to get there (the don't call it "The Widow Maker" for no reason, but tbh looking at these impulsive candles it could blast up there pretty quick 🤔
9 count decline on the weekly, oversold, buying pressure on lower time frames, volume, DXY seeing selling pressure, and BOE interest rate decision pending. I am long Sterling. NFA
He'll Traders 👋 Call me Mad, but I'm longing the Pound 💷 It's fallen a fair bit against the Dollar, which is going crazy ATM, but it's still in an uptrend from what I think is a Macro low. There's a trend line (big white one) it's hitting right now, that's acted as resistance for many many months, let's see if it can flip to support 💪 Not financial advice...
This thing is up over 100,000% over its lifetime, absolutely bonkers, Love to see it. it's up 169% this year alone, congratulations to all involved, I'm not salty I promise 🙄😂 At time of writing It's up 8-9% and breaking 500. Pre-market. Looking for a possible entry to this incredible stock, but we'll and truly missed the boat, will update if there's a decent...
It's becoming tiresome as this is is bouncing around more than me in my younger days, but it's my only trade ATM. Happy to chart other things on request! I am still long, and still waiting in anticipation of a big green god candle. My reasoning behind the bullish stance on Gas is still Energy, more poingnantly access to energy. Fingers crossed in the future we...
I don't think Natural Gas is range bound, my interpretation is thus: The Daily Chart, as well as the Weekly shows that it is in a clear uptrend, being traded well, I believe it is in the midst of a clean, albeit slow reversal from an overshot, oversold position. Caution is advised trading this commodity, but I think the idea of shorting at this stage, in my...
Hello Traders, been a while since I've published a chart on the Dollar 💲💲💲 I am anticipating a heavy move down- it's made a good push above the 200 SMA on the Daily but It didn't shoot off, there's too much cheap stuff to buy ATM, I think it will drop and the rest of the markets, Precious metals, Energy and maybe a few select Cryptocurrencies will Rise. I do...
Bit of a twitchy bum moment as far as bullish technicals go... If it's going to bounce would expect buyers to step in here and commit. 🤞 Dropped more than I expected. NFA
Hello Traders 👋 On the Daily Chart here- I've been watching price action from the minute chart to the weekly for quite some time now, I think there will be a retest of this Triangle and it could even break down into it... My prediction for this week is - A bit of volatile sideways action throwing off longs and shorts and then next week we make the move Higher....
Well that was a bit disappointing 😂 but to be expected I suppose, such a volatile commodity. I wonder if it bounces from here? 🤔
Still a little bit disappointed that the big move upwards didn't materialize mid July, BUT.. there's still a chance and I think this is a pivotal area. I'm neautral ATM
Could be a measured moved down 🤔 The only thing I'm almost certain of, is no more sideways action... Personally Sticking with the More Bullish scenario from my previous posts -But this would make sense- throw off a ton of retail longs and get an even better entry price.