eatmycrispypotato

eatmycrispypotato

The forecast for week 2 of May 2022 is a higher probability of Bear This assessment in no way considered financial advice. Onto the day. The initial start was doji followed by a Bull candle, this was swiftly rejected by an engulfing Bear candle. Completing the week the candle finished with a small hammer. The volume did increase as the week progressed indicating...

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The forecast for week 2 of May 2022 is a higher probability of Bear This assessment in no way considered financial advice. This week produced a Bear candle as forecasted. The candle was of a similar size to last week. The angle has now increased to extreme and this will progressively increase the probability of a quiet period. The weekly chart is now on approach...

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The forecast for week 2 of May 2022 is a higher probability of Bulls. This assessment in no way considered financial advice. The week produced a Bull candle with a solid finish to the week because there is a teeny small tail at the top. During the week, there was a Bear move attempt but it was rejected. The candle did close above the previous week's high, this...

eatmycrispypotato Updated 

For this coming crossover week, April to May is Neutral This week a significant bear candle, no tail on the top but a semi-decent tail. The volume however was lower and this indicates a strong Bear momentum. The OBV is definitely pointing Bear. On the daily chart, Monday opened Bear and progressively hit one bear candle after another. Friday presented a...

eatmycrispypotato Updated 

The forecast for May week 1 is Neutral. This week was a large bear candle, with no tail on the top and a small tail on the bottom. The volume was high and the OBV is facing down. It broke a recent support line but is now in another support price area. The angle of the descent is now quite sharp and may result in unknown candle direction.  Onto the Day chart, as...

eatmycrispypotato Updated 

For April week4ish / week 5ish, is Neutral This week was very volatile. It has formed a large hammer. The volume has steadily increased over the last 3 weeks. This candle has the potential to signal failure to further Bear prices but also indicates that there is indecision around. The OBV points more Bear than Bull. This week has more evidence for both sides, and...

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For week 2 of May 2022, the probability sits with the Bears This information is in no way financial advice. Week 1 of May was Bear, per forecast keeping my accuracy just over 6/10 or 60%. This week produced a pin bar or a hammer. The body of the candle did not enter the body of the previous week, instead, it remained in the bottom tail. The low has stopped at a...

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The forecast for week 1 of May has more evidence for Bears This week's candle is Bear medium a size body and the tails are almost equal to the body. The top has a small tail. The volume compared to last week is higher, and very high in general. The OBV has changed direction. This chart looks like a reversal but can see support is there from the Bulls. Monday's...

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The forecast for week 1 of May is Bear but look for decreasing volume to exit.  This week was a decent Bear candle with no tails. The volume was high and the OBV has turned south. The Bulls offered no resistance on the weekly candle. Moving to the Day chart, Monday continued Bear and followed on from last Friday's candle. As the week progressed the bulls offered...

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For April week 5ish slash May week 1ish.....is....Bear but needs price close 1874 before entering. This week was Bear with a decent body and a medium type tail on the downside. This week the candle pushed well below last week. The tail also reached a new low but the body did not break the previous tails, Volume has slightly increased and the OBV has sharply...

eatmycrispypotato Updated 

Whats the probability for week 4, lets's go with Bear So for this week, we have ourselves a falling star, at the top of a decent rally. Typically the bigger the rally and the sharper the rally angle the higher the probability will be for the reversal or retracement. The volume while less than last week, can still be considered high. The OBV has faltered so we can...

eatmycrispypotato Updated 

What is poppin for week 4 of April: It be a Bear probability So for the week, we had a banging Bear candle. This is leading from a pin bar plus a smaller Bear candle. This confirms the rejection or higher prices and now will focus on heading to one of two support prices, the 71.3 and 71 mark. For the Day chart, we have an uneventful Monday and Tuesday, but then...

eatmycrispypotato Updated 

For April week 4 the forecast is: Bear but with caution starting put the week This week the candle was Bear, large, with a little top tail, and no tail on the bottom, It broke free, now another Bear rally begins. The volume was not large, this indicates sellers' market. The OBV has a mountain peak where the horizon is level (basically not trending down) this...

eatmycrispypotato Updated 

For April week 4, the probability leans to the Bear This week produced a falling star. The Bulls were not able to transform this candle, the Bears succeeded to bring the price back down. The volume was low, and the OBV trending down. The chart is near a previous support price but the OBV is lower at this point, this indicates more strength to the Bear side. Given...

eatmycrispypotato Updated 

A good chance April week 4 will be....da dada daaaa: Bears This week was a Bear candle, not the bull as forecasted. This week's candle body only penetrated no more than 50% of last week's candle. This week's candle has tails at both ends, they are smallish. This indicates there is not much sway from the Bears. This week the sell volume increased and the OBV is...

eatmycrispypotato Updated 

A good chance April week 4 will be....da dada daaaa: Bear but watch from the $1918 price point This week did not go Bull but instead made last week's candle a fakey, because it had broken out the previous week, and that week was the inside bar. This week was a Bear candle, with a tail toward the north, it is rejecting higher prices. An insignificant tail toward...

eatmycrispypotato Updated 

What's the probability of Week 3 April 2022: Well I have no alignment and therefore make a neutral call. So this week smashed out another Bull candle, this is quite the rally. But notice how the last two weeks have been contained within the first pin bar. This is another indication of a rally that is losing momentum, but this does not indicate a reversal. So what...

eatmycrispypotato Updated 

Hopping and popping for week 3 in April 2022 is: Bear if the 73.5 close price is achieved. This week smashed out a lovely bear candle, and this is following on from last Weeks bear pin bar.  The volume is decreasing from last week. The OBV is trending ever so slightly upwards. Overall this trend has more evidence for a continued Bear week ahead. Dropping into...