RimmerDall

RimmerDall

Reminds me of a ride I used to go on as a kid at 6 flags called 'the giant drop'

RimmerDall Updated 

Many possible ways this could have played out but I decided to go short on the retrace into the intersection of 2 trendlines following the bearish breakout from the smaller flag. Stop above the monthly carmella and previous local high, but below the upper liquidity zone. This is because the former is all it takes to invalidate the idea and there's no telling if we...

RimmerDall Updated 

Not trading advice. Just getting back into logging some ideas here and there.

RimmerDall

Purple line strong. Break up soon. DON'T PANIC. (and don't forget to bring a towel)

RimmerDall

A simple chart from a noob. Possibly retracing to 60k to fill out a massive bullish pennant as volume/exuberance is waning at the top of this range?

RimmerDall

Text on chart. Borrowing this idea from incrediblecharts.com Edit: Apparently BFX doesn't have exchange OCO orders, so I will set a stoploss, no TP, and set a price alarm.

RimmerDall

A serious dissection of the daily chart to provide a framework for my trades on the 4hr. Trend verdict: Down Primary Reasons: Recent broken uptrend Well tested downtrend Bollinger squeeze result Downtrending RSI Stochastic Bull/Bear setup CMF conditions Complete lack of any immediately bullish signals (not counting the 'bull'...

RimmerDall

At first I figured it would be redundant to have Acc/Dist and CMF, and was curious about using OBV with it for a slightly different signal. However, upon observing the behaviors of OBV vs Acc/Dist over a short timespan, I have found Acc/dist to provide slightly more pronounced signals, as well as a divergence that did not show up on the OBV. Both signal lines had...

RimmerDall

This isn't a forecast, it's more of a study I will be able to refer back to in the future. I need to devote myself to a single momentum oscillator and this seems like a good way to narrow it down (albeit I'll be guilty of hasty generalization). CMF is likely to be the only volume based survivor cause I already decided I like it. This will be fun and interesting to...

RimmerDall

We have just poked through the short term downtrend line, bouncing off a well established resistance level at S1. Larger downtrend line remains intact for now. I expect a retest of this large downtrend line for the following reasons: 1. Chaikin Osc shows bullish divergence from the ADL (acc/dist). 2. Though the ADL is in a downtrend, it looks poised to break...

RimmerDall

Not much to say in regards to prediction. Whichever way the price goes I have a plan.

RimmerDall

P held, price broke through first ichi cloud risistance, ichi cloud crossover, green line crossover, rsi bottomed out then crossed past 50 indicating possible trend reversal, and it's "about time" for us to have bottomed out. Granted this flag looks more stretched out than theothers, which may cast doubt on the pattern's continuation. If the angle increase holds,...

RimmerDall

Bitcoin, are you kidding me right nao? Edit..um..this was supposed to show 3 charts, so I'll put the other 2 in the comments. Edit: More thoughts in comments, multiple views of the same fractal.

RimmerDall

Just follow the penguins. May spike up before we reach the pile, but the floor is likely below the pile. What can I say, this was a joke but it ended up coming true so far...

RimmerDall

In the interest of constructive criticism

RimmerDall

Looks like now's a great time to set some stop orders. Whether the triangle is actually a continuation pattern I'm not 100% sure. If we do break downwards, I wouldn't expect it to push much past the old-resistance-now-support-midterm-trendline. However, if in your own analysis you do not consider that trendline to be broken yet then you should disagree....

RimmerDall

Profit target for this very short term trade setup is within the same price range that might occur with an overall weak wave 5 (second channel line from the top). This increases the probability of striking the target even if my smaller wavecount is off. The strict 1.618 made it easy for me to pick a number in the target range--I am not seriously expecting the...

RimmerDall

We've bounced off R2, tweezer tops with engulfing bearish candle. 1hr: PSAR confirms a trend reversal, MACD has crossed, Stoch crossed from overbought and closed below 50, RSI looks to follow. These outweigh the oversold value of the StochRSI, which seems like a fickle oscilator and here probably only indicates that we are seeing the price consolidate for a...