drazen44

drazen44

I know that this will hardly happen.

drazen44

Trade talks are in progress, USA will use talks to tighten its tariffs, to pressure Chinese, etc.

drazen44

Just read lattest president Trump tweet.

drazen44

I know that market could be irrational, everything is rosy and beautiful, but it will drop.

drazen44

hold your underwear.

drazen44

As it could be seen from the picture, SPX500 two months ago was around 3026, which is 0.618 extension. Now, if it goes up then next target is around 3200. This could be done in next few months, we all know that market is irrational. And, of course it could go down, as I am betting. Earnings are coming, one big disappointment could change everything.

drazen44

Circled area is called hanging man. Sometimes it means that market is changing direction.

drazen44

USOIL is at 61.8 Fibo level. This could be turning point.

drazen44

How many times did we say that it can't go up more. Call it resistance, or divergence, or overbought or anything else. And then it goes. It is silly, but it could go a lot more up than is rational.

drazen44

BTCUSD is at 200 EMA on 4H chart, and it isn't showing weakness. Today already moved about 10%, it could go back, but this could be also good entry point. Next check around 4500. Edit: RSI is overbought.

drazen44

BTCUSD is looking like is ready for another leg up. Possible resistance at 4000.

drazen44

BTCUSD could soon break up resistance level at 3500 and move toward 4000 zone.

drazen44

BTCUSD is in oversold zone for some time, and on daily time frame is divergence which could mean that pullback is coming. It could also mean that it is preparing for another lag down, so be careful when trading.

drazen44

This is nice setup, price is steady moving upward, then one day it shoots up through the resistance.

drazen44

Not quite, but close. Oscillators are in good shape, and everything is ready for another drop. My goal is around 2400-2300 level.

drazen44

This could be good entry point, if you think that SPX500 is still in downside movement. Oscillators are in oversold, or near oversold levels, which is also a good sign.

drazen44

Fibo retracement 61.8. Good entry point.

drazen44

Oscillators are pointing down, which is a good sign when there is a strong resistance. This could lead to bigger movement up.