This analysis will be about the current bull flag. Trying to find a few signs to whether it's real one or a fake one.
First of all and most important, the push up we had was real, strong and high volume. This normally says chances are like 90% that we see a continuation at some point, seeing a second wave up. I have however expressed my worries in my public...
If we look at the 1H chart, we can see that the price moves in the borders of the horizontal price channel. What does it mean?
There is a balance between buyers and sellers. The market consolidates and prepares for a new movement. Will it be upward or downward? We will see. We should wait for additional signals confirming the strength of one of the sides.
The...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
This Dragonfly Doji is signaling the same trend change that the Gravestone Doji did @ 14k.
Looking for next week to send us to the 8.5k range and close the weekly and Monthly candles in bullish territory.
We break out in 2020.
I think we go straight to 20k and dip back down to 14k before Halving in May...
DCA is still best for the 90% that can't handle their...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello Traders!
EURUSD dipped below a strong resistance line and a strong resistance level 1.1.
I expect a return to this line of resistance and fall to the level of 1.1.
hey traders,
on USDCAD we have almost completed harmonic bullish bat pattern on a daily chart.
I have my buy limit order on 1.307 level.
Stop - 1.3
T1 - 1.315
T2 - 1.320
Entry level $44.25= Target price $46.43 = Stop loss $43.58
Overall price Target $50 but this is a day trade only with limited risk.
Daily support at $43.26
Monthly chart/ Royal Caribbean Breakout
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before...
Short Analysis on GDX/Gold in 3 bullet points; Series on Commodities and the 2020 outlook - 21st of December 19'
Before I get into the analysis, wishing you all Happy holidays! Here's the simpler version of the chart:
1. Few key takeaways: Despite that the current resistance at ~31 is holding , thebreakout in GDX is eminent....
74%+ of the total shares float is already on the short side.
The company will continue with his shares buyback program as recommended by Michael Burry himself.
I expect a multi-days breakout, that means if you wake up one morning and the stock is up 30% i don't sell. It will continue for at least a week.
Days to cover shorts positions : 12 .
Trade at your own risk!
ALTS MARKET
From looking at the TA we see that we are near support of 50 Billion and are tracking near it. According to MACD, RSI and other indicators, we should be seeing a bounce shortly. Extent of that upcoming bounce is unknown.
Crypto Total Market Cap
Total Cap is currently forming a bullish falling wedge pattern which by Technical Analysis usually breaks to the upside more often.
Price has bounced twice at key important support levels telling us that the 200 Week MA wide force is acting as strong momentum barrier against the bears.
If Total Cap will continue to consolidate above this...
Bearish shooting star to be confirmed if opened lower on Monday .. If bearish trends started we need around 45 candles to reach back to 3040-3070 levels which around mid of Feb 2020 . Worth to say i noticed positive move for RSI after slowed it down to 21 days but its not strong signal unless its goes up on Mon-Tues then we can think on other short entry ..
for the entire week, gold was consolidating within a narrow trading range.
how long this consolidation will last? only god knows!
holidays are coming and market participants are now willing to make risky decisions.
be patient!
be ready for an action when the right moment comes.
trading plan is still valid and we just wait...
The Breakaway " Island Gap on Friday 12/20 above 3210 Resistance suggests the possibility of a melt up,
or an " Extreme Bullish Sentiment Unconfirmed Double Top" at 3225
15 Minute RSI, ( Shown Here ) has already turned down,
technically confirming the possibility a" False Upside Breakout' on Friday.
Sentiment is now SO BULLISH, that the market is refusing to...
Note : wait for a breakout or rejection at the resistance level
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
In this short video analysis, we highlight the correlation between traditional asset Risk-On cycles and their impact on Bitcoin.
Every historical $BTCUSD bull run's start has coincided with a SPY significant Fibonacci level breach and retest.
This past month the SPY has breached the long term 2.618 fib level and is seemingly headed towards the 3.618, with no...
Analysis of BTC/USD chart the the support and resistance levels that the price is stuck withing, On the weekly the price is withing descending triangle and holding the support zone and bottom of that triangle, support between 6000 - 6750. If the price break and trade below that level, then the bulls will be in trouble and we may see massive declines toward 2018...
Weekly update with the outlook on my 5 favorite trading instruments where I place around 90% of the deals.
These include: SPX , Gold , Crude Oil , EURUSD pair and the Emerging markets via USDRUB .
If you like what you see, please fell free to hit the Like bottom and leave your comments.
Disclaimer:
By viewing this video you fully accept and agree that it...
Based on Instantaneous Trendline, by John Ehlers , identifies the market trend by doing removing cycle component. I think, this simplicity is what makes it attractive :) To understand Ehlers's thought process behind this, refer to the PDF linked below.
There are atleast 6 variations of this ITrend. This version is from his early presentations. You can find it...
A Simple indicator combining
4 popular simple moving averages; (8, 21,55, 200)
A tweaked Parabolic SAR which is indicated by a series of dots starting near previous support & resistance points
Support & resistance points which are indicated by red and green horizontal lines
A simplified version of the TD sequential. Only including the countdown phase and 8...
Have you ever asked yourself: "Why some traders fail while others make money? "
In this post, I would like to share with you my ideas, which will explain the difference between successful traders and those who lose money all the time and provide the answer to this question.
There is a well-known fact that in the financial markets, about 90% of traders fail,...
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines.
A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line.
Each of these lines must have been touched at...
Look at the local lines on the chart!
Each of them should be considered separately.
It can be an intraday trading strategy:
after a few taps on one side, touch the other and make some move.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analyze.
Write your comments and questions here!
Thanks for your support!
What is Bitcoin..!!
Bitcoin is a digital form of cash. But unlike traditional fiat currency, there is no central bank controlling it. Each unit of Bitcoin is unique and cannot be copied or destroyed, and it runs on top of a distributed network, maintained by thousands of computers around the world.
Bitcoin Features..!!
- Decentralized access allowing any party...
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![BTCUSD: Instantaneous Trendline Strategy [ChuckBanger]](https://s3.tradingview.com/i/IoOQYqbg_mid.png "Instantaneous Trendline Strategy [ChuckBanger]")
