Looking for a sell off from the weak high, which I have at 1.618 fib level of the bearish abcd ext. Looming for a retrace to .618 ...
It's been awhile since I charted and traded oil. I'm noticing a similar bullish set up that the 20yr treasury yield had. If my wave count is correct, oil is showing a bearish 5th wave down. There is a set up for a desc. Triangle pattern which has a stealth ABC wave pattern. I have C wave near the sell liquidity around the 1st of October. Short term I'm bearish on...
Currently monitoring the 20yr bond yield. On this Chart. I've found a desc. Triangle breakout set up with a bullish wave count. Also notice the yield is at an oversold level for this time frame and below the cloud. I'm looking for the yield to retrace back up above the 5th elliot wave and close above 4.367at minimum before going higher. Disclosure: I have puts on...
Bear flag showing with overbought stoch rsi. Looking for a possible bearish continuation to higher time frames. Target 97 on NASDAQ:TLT
Looking at NASDAQ:DJT heading into the 2024 election. I decided to take a position. 1) AD/MONEY Flow oversold on the daily chart. It also bottom out with the rsi.. 2). Bullish abcd set up on a previous resistances level. 3) AD/MONEY flow would have to breach the 2023 level and it hasn't. Current levels show a support Time frame 3-6 months, buy the dips NOT...
Gold failed retrace to breakout on 1hr, showing overbought conditions. Long bear flag set up, will be a repeat set up
Gold facing a c wave sell off. Shorting above orange level. Bear flag compete with br3ak of 2364. 2294 long short target
We're still short from D leg with a 2340 Target. Which is right at thr .618 fib for the E leg. You could get s bounce from 2340 at the .618 fib, I will revaluate Gold st that level. Additionally a bounce from 2340/.618 fib level could create a buy opportunity which leads to a greater short entry. Gold is far too extended, and I can see folks are buying gold at...
Imho, the hedge funds will win. So I'm swimming with the sharks. On the monthly charts, 6month monthly to be exact. I can mfi, AD showing a future Bankruptcy. This is a risk trade. I'm in early. You can also see a bullish cypher. Price actions need to close above 24. If 24 is lost, look for 17.50 and short then with a break of 17.50.. this is not a quick play....
1. Overbought stoch rsi 2. AD,mfi,smi, vfi showing a bear flag. 3. Bearish D leg of the Elluot Wave, looking for a retrace to E leg at minimum.. 4. This is also a stealth bearish cypher. 5. Mfi, is telling me a bear flag will form and cause a breakout to the downside once confirmed. NOT FINANCIAL ADVICE
Monitoring the Gold trust, I see exhaustion on the 4hr and Daily chart of gold trust $gld. From D leg, l99king for a min retrace to 215 with the stochastic rsi showing overbought conditions, looking for bearish sentiment through the bearish cloud ..
1. Stoch rsi oversold 2. Bearish wave count (current D leg, looking for retrace to E leg at minimum) 3. Bearish AB=CD pattern set up at bottom of the chart by Stoch RSI & VWMACD 4. 2360 was my sell zone from 2325-2360. This level must hold as support, or gold flushes to 2300.. Also gold bear etfs supports a gold retrace, along with bearish sentiment on AMEX:GLD...
Looking for gold to retrace to 2360-2370 range., after breaking out from the bearish inverted cup and handle... mfi/ad/ price action also peaking on this time frame
Looking for goldbto breakout from previous resistances area and retest 2360. Oversold stoch rsi and volume rising from oversold conditions.. Disclosure: I do have a Jnug position
Oil retesting b leg of the bearish cypher and held. Good volume lifted oil prices above 1.682 fib level, and moved through the .382 fib level, showing no sellers below crucial support zone on oil. Price action now look to retest 84, and close above 82.32 the 1.682 fib level and also look to get back to 86. I'm buying on dips
Seeing oeak price action. Stoch rsi showing overbought conditions. AD also peak with price action and stochastic rsi. Looking for a retest of June Gap down
AD running a bearish cypher pattern on the 4hr. Also money flow/AD peaking with price action. Price action also hit my 1.618 fib level which is bearish. Money Flow and AD needs to breakout above b leg, however the down trend looks In tact. Short term bearish outlook.
Bitcoin Daily total market cap, has a bull flag set up... volume increasing, with the daily chart oversold. I have 1.72 Trillion set as my breakout confirmation. The AD/money flow has already confirmed 98k bitcoin. We need a close above 63k on btc with at least 50 billion to the buy side, to get us over 1.72 Trillion. From there btcusd can retest ath, and proceed to 98k