Broker shows this to market maker: This guy SL is still here, please go and get it. Market maker: Alright i will make sure he gave up on this trade forever Me: Enter trade again
Couldnt really find any evidence for bullish setup as Kobay is sliding down as per Supermax analog. Rallies has been all offset by supply which might suggest further selling. Potentially campaign is over and no CO is taking over from here.
Long term trend channel broken to upside and major selling unable to push prices lower back to the channel. High upside reward with SL below the trend channel. R;R ratio of 8.7 which is pretty good
ETH flies like a bird.....Just an analog to compare both scenarios which is so similar..
If plan works out thats really great risk to reward ratio. I mean losing is part of the game so why not lose small?
The stride is changing. The steepness of the rise is coming. Bitcoin dominance shall rise and other Alt coin shall dive!!!
As the points numbered it has some resemblance between BTC and Silver (current price: $25.70) where points 1-5 has already touched an important trendline. To see what will happen to the future price action, we will have to see what is the price reaction at the trendline. If it hovers around the top of the trendline a quite some time, go LONG when the price...
If break trading range will it go for the fifth wave of the bull run?
Selling zones for CO due to super high volume in middle and high range. If its bullish the demand should have higher volume at the bottom cos its accummulating. This looks like distribution character. Bias to the downside preferred with target 1.280. SL 1.620 local high for invalidation.
This is probably the biggest head and shoulder that i can find that goes back 12 years ago. The left shoulder started back in 2010. Measuaring the neckline to the head we will be looking at -80% drop if the neckline breaks.
If you understand the title, no description needed. Suggest a long term 2-3 years. Depending on when "they" want to push prices up :)
Currently both index are highly correlated. Never buy both pairs together for now to reduce jumbo-up risk. Instead, focus on one.
Maybe we need a new tech leader!!! Cup and handle RSI is above 50SMA of compare to SXP500 Base formation is from 2015 till now Price to watch: 22 Feb 2021 ATH @ $81.06 Once we clear for next bull run, we hit this hard baby
Daily chart of Crude Oil and Wheat are identical since 2021- Anyone has any idea what this means?
Check and compare any indicators you want, but I like it simple. If you purely rely on facts not sentiment. Hard black line for Alt coin support touched 8 times and bounce. Would you bet on the 9th time it will fail? If yes, what are you risking?
In line with weakening DXY we might see an end to the bull run (from covid low) of USDJPY with an ending diagonal where we will visit the base of the origin of the diagonal. A head and shoulder is also forming in progress to signify the weakening of the price structure to the down side.
As NZDJPY is declining from high of 82.52, the decline is similar so far to the analogue of Bitcoin which we saw a plunge from 68k high as well. Is NZDJPY only a wave behind BTC giving that both are associated risky assets? If yes point 4 will suck the breakout traders into thinking of a break of trendline and dumps on them vigorously to point 5.