Hello again!
So, after what... 6 months of uptrend? and having crossed the uptrend channel, i believed we could start thinking on possible distribution in place. This is not just based on 1D chart, but having lot of study in bigger time frame (1W or 1Month ... even 6 months...)
So again, this is just personal idea and not financial advice! Use your own risk and if it works for you... dont forget to hit the donate button :P lol...
Timing match for February / April / May periods of 2021... Elections for an UTAD .. so jeje too many coincidences...
Ill be updating in case it follows or not the idea so stay alert and any question and comment are welcome..
Cheers!
-CharterX
So, after what... 6 months of uptrend? and having crossed the uptrend channel, i believed we could start thinking on possible distribution in place. This is not just based on 1D chart, but having lot of study in bigger time frame (1W or 1Month ... even 6 months...)
So again, this is just personal idea and not financial advice! Use your own risk and if it works for you... dont forget to hit the donate button :P lol...
Timing match for February / April / May periods of 2021... Elections for an UTAD .. so jeje too many coincidences...
Ill be updating in case it follows or not the idea so stay alert and any question and comment are welcome..
Cheers!
-CharterX
Comment:
by the way i was mistaken... UT at elections period in November (not UTAD)... They are not gonna let the markets go down just right at that period jaja
And here another (of what you call weird analysis jajaj) at 1 Month Chart. Look for longer periods, but remember the downtrends happen fast!
Cheers!
-CharterX
And here another (of what you call weird analysis jajaj) at 1 Month Chart. Look for longer periods, but remember the downtrends happen fast!
Cheers!
-CharterX
Comment:
Hello everyone,
So so far so good... looks we are in the correction.. it could try to make a double bottom but we will see it today
But at 4hs it seems the Cup has been completed. Now let's see if the handle is next
Well.. Still hav not moved nothing on graphic so lets see how the week ends up!
Trade safe!
Cheers!
-CharterX
So so far so good... looks we are in the correction.. it could try to make a double bottom but we will see it today
But at 4hs it seems the Cup has been completed. Now let's see if the handle is next
Well.. Still hav not moved nothing on graphic so lets see how the week ends up!
Trade safe!
Cheers!
-CharterX
Comment:
Hello Everyone!
Just an update on 1D Chart... it seems all is in good place... the idea seems to be right so far so.. right now looks like small double bottom... that could push price up again till the marks we have..
Ill keep updating... and let's see if i can see something else...
Cheers!
-CharterX
Just an update on 1D Chart... it seems all is in good place... the idea seems to be right so far so.. right now looks like small double bottom... that could push price up again till the marks we have..
Ill keep updating... and let's see if i can see something else...
Cheers!
-CharterX
Comment:
So just a little update... for now first pitch.. first hit...
Right now just touched resistance point. It is likely to have little correction in today and next candle.
ill try to update this one on 1D Chart so let you know every day how we go and what to possible expect.
Be safe out there!
Cheers!
-CharterX