We're slowly moving up. However, we meet some possible resistance here above. Same as for EURUSD and DXY. But if we're talking crypto, if we consolidate for a while and then see another strong leg up, it could be an opportunity to go long. But it could also be a shorting opportunity. In trading, a few different pathways usually needs to be taken into...
If price can slow down a little and then give us a BOS (break of structure) north. Then it's time to jump in for a good trade.
EU is moving higher and I expect the week to end up on the blue SD one above. It might be possible to catch a long in the blue ignored zone if we get a BOS on M8. Other than that, I expect more downside for EU, starting from next week. But let's see.
We hit a weekly SD zone in copper. But was it enough? I'd gladly see gold come down to the 1600. Gold (H12) is also at a resistance zone with divergence, could we get one more push down in metals? And one more push down in stocks and cryptos and DXY up? One other thing that supports gold 1600 and copper also going one more leg is the speed and strength it came...
AS can be seen I'm both long and short because I don't know where we're going from here.
A little more downside, decent chance of a turnaround in one of the zone below. It should be taken into consideration that dollar might have even more downside, so shorts on the bounce should be taken into consideration.
Unclear. Yen futures came in with a lot of value, is this a reversal or just a preliminary demand of the YEN? For now I'll be trading both ways. I'll post the H2 timeframe as well.
This is based on * a DXY turnaround North on 2nd of Nov. * a stock market crash * and that bitcoin will dump with the stock market. I give this story 1/10 -> very unlikely. But if you see this and you still haven't been purified from the bull market hysteria in 2017, maybe this can serve as an antidote. This is still my main hypothesis. But it can change every...
DXY is expected to dump but could in fact fuck around for a week (unlikely). Could metals have one more leg down? I'd love that. I'd chuckle like a little newborn baby. I really can't tell here. I'll play both ways. It has been quite correlated with EURUSD lately and I'm bullish on EU so I guess I'm leaning bullish on silver as well. But always cool to have the...
I see this as the most likely path for DXY WHY? 1. We need to get down there to pick up liquidity. 2. Going north from where we are would be almost impossible due to very little preliminary demand 3. Extreme volume in selling from this 94.475 top. 4. All tells the story towards DXY will go down, hit that 90.xx liquidity on maybe election day, at that point we'll...
Looking at the daily, it only supports this idea in my opinion. This is no light re-test which would indicate strength in the market. Remember that these analyses are all about the probability of the future. And NOT what must happen.
We've seen less and less volume over the last few years. Now, the sell-offs seen have been more and more violent. When weakness of buyers becomes more and more prevalent and then now sellers are stepping in, I would not be an investor in the stockmarket. This is the classic time to go short as we just developed an up-thrust I highly believe. High volume selling...
As soon as demand line is crossed is when I get on high alert and admit that we're in a bear market. If we make a lower low, then I'm in bear mode. But why go crazy right now and try to guess these things? No ticker-tape reader ever did that.
Ha lol, I really can't decide but I'm leaning long, and this could be the long of a lifetime
Applying some structure to the unemployment rate for fun
Looks like the markup from the re-accumulation phase has started
This is a continuation on the last video on where the Total and BTC is at.