UnknownUnicorn2319099
Day 3 of holding a big boy short on the dow and everything is going as planned. Ema dots, custom rsi, custom candles all red shifting trend. If this is wave 5 I think we should be in for a good size selloff. This is a daily chart. Would love to see this close red. How are your trades going?
Hey guys, most people that get into the markets want to learn how to daytrade. They want to learn how to play the market on a day to day basis and eliminate a lot of the stress. Smart day traders understand trend trading. At the end of the day if you are trading something like a 15 minute time frame you're aware of how much noise their is in the markets. You need...
We all know if you go back in time till now on Microsoft it has an insane parabolic curve. I currently have a channel drawn out between the two lines. Arrows and red line is Resistance. Green line is support. We are seeing the overall trend from the last impulse hit the top level of Resistance in the channel, where we have seen previous good size selloffs occur...
I will be trying to get a fill around 65 cents as that is the high of the previous impulse in this massive downward channel. As of now it looks as it could be a double bottom with strong buys from the 30 cents range. I am attacking at the top of the channel and this can be a risky move. Comstock announced positive income for second quarter which is a bonus. If...
I will be trying to add 1% to this position around 13 cents p/share for a test on the recent bottom. If breaks, will drop to the bottom of the wedge as we try to create the wave 5 of retracement. Will look to add 0.5% if it does touch bottom of wedge. This will be a longterm play with anticipation to breakout of the wedge for a impulse.
Cryptocurrency is getting exciting! Ethereum is now testing a previous major level of Resistance after completing the last Resistance breakout. Perfect time to look for a play on eth. If we reject look for it to come back down to test $280 area to try and put in a new level of support. Otherwise play the breakout to the upside and set that stoploss. Enjoy!
2 day chart showing doji compression after an overextended move. If you know me, you know these are the type of opportunities when I look for the next long term investment. Daily red a cross the board on all indicators, 2 day is shifting red on the ema dots. The 15 ema dots on the bottom still trying to make its transition. I currently have a lot of size...
No signs of letting go and looks very healthy now with this breakout. Based off the halvening dates from historical data I think this bull run should explode compared to the last major cycles. It seems each bullrun parabolic run has advanced with quicker pace each time. This is obviously speculation, but I mean for the most part it has been pretty consistent....
Here we have a chart of Nikkei 225 index on a 3 day chart. Nothing is more powerful than identifying potential trend reversals, notice that I said "potential". Nothing is guaranteed when it comes to trading, you will never be 100% winning in the markets. The only edge that you have when it comes to trading is identifying trend accumulation, distribution and risk...
We analyzed this one back in june to identify a massive falling wedge on this penny stock. We have kept it on our radar as it did breakout of the pattern and then retested the lows, treating the old Resistance a ps new support to create what looks to be a double bottom range support. This can be signs of accumulation to push price up. Horizontal levels are the...
The current upward channel has been good signs for you bullish bag holders as we did break higher overall. We need to keep in mind of were we currently sit on the upward channel though. 3 previous touches on this level of Resistance signaled selloffs to occur. The green horizontal line is previous breakout for a new high, we yet to retest that price. No way...
3rd daily red with the 2 day now displaying very tight compression off major Resistance level at previous high. Since bottom recovery of pandemic collapse each buy impulse has got shorter with less momentum. Could be buyers exhaustion. If double top plays out this will be juicy. Stay safe out there boys and gals.
Monster sized gains since march this one has been on a massive run over 600% in gains! Once this one shifts red I'm taking my shot at it. Lots of bad rep in the media been going viral on all social media outlets. 🤔🤔🤔 Google trends popping off for wayfair currently.
As the other top contenders in cryptocurrency have been on a breakout mission as of lately... xrp ripple has been floating near the bottom of major support level aligned with the previous horizontal support level during the 1st major bullrun. It is good to see it start to try and make that transition here. On the larger timeframe of a 2 week chart we see a...
Since collapse we have had a good recovery with a very strong impulse and the 3 day continues to shoot green. Now we are zoomed in on 12 hour timeframe. After the strong impulse, price action has started to range into something similar to an ascending wedge creating a test at the recent top with a tight price consolidation. These are the perfect kinds of moves...
We want to focus on apples stock now as the 3 day is showing signs of a doji candle, ema dots shift red and the rsi shifts for a Crossover in overbought territory. July 29th we get a close to see how valid this formation will setup. We want to see the candle close and begin to shift red also to align all indications. Hold your horses, let it play. I have this...
Everything on 3day continues to shoot green across the board on the spx500 with nice size candle. Since recovery we have only had one major potential transition (green arrow) All indicators have nonstop continued to go green. The only resistance is the previous high before the crash, will we make new highs or set up for a massive selloff... This will get fun.
Overall the trend has been in retracement territory as all indicators continue to shoot red with the compression of dojis starting to pull. I've been bearish on boeing and I have no interest in creating a long position as of now. For now... I sold the top. Wait for confirmation.
