redtrapltr

Parabolic Leg Incomming ?? Show ONE PIECE OF MY INDICATOR !

TVC:NDX   NASDAQ 100 Index
Hi traders,

Despite all the rules, the Nasdaq is now bouncing way too hard for a corrective leg. I developed a indicator for stocks during this two last years, it is very powerfull(normally adapted for 1 year charts), there is 5 parts, today I show you one for you too see what I mean about parabolic move. The blue line that you saw on my indicator is called "pressure", when it hits the resistance or support, there is always a reversal depending on the direction of the trend. As you can see pressure is very low and has a lot to go up before reaching high resistance pressure, that means we could see a parabolic move.

We can see also some similarities on the stoch RSI and on Bitcoin last year, when it dropped from 5 to 3k before going to 20k
There could be also a bullish cross on the MACD
The other parts of my indicator are also bullish
However we can clearly see that this move is manipulated by the financial markets and institutions, nevertheless we could consider it as a tactical move of institutions to bait retail investor to invest in the parabolic move and take more power before the great crash. We can profit from that and get out before that because this thing can go to 9000.

The thing that bothers me is that I'm in touch with some institutions and they are not keen on investing now and took profits. We will see :)

However it is long term, for now a little move downwards is expected as pressure in the one year time frame will hit maximum resistance and its already in resistance level


Im a swiss trader professional, have two funds (private and public already full) trade on stocks professionally and crypto long term and a hobby for short term moves in crypto. You can follow me if you want to increase your portfolio on stocks as I have 90% accuracy and 78% on my all carrer. Im here for fun and make sure to read my comments on my stock ideas as I sometimes take profits earlier than expected.





Comment: As I said little move downwards is forming

Comments

Nice chart and analysis. I agree that a rally is far more likely than a crash. Because too many people are expecting a crash nowadays, therefore of course the exact opposite happens :)
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@redtrapltr Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
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redtrapltr IgorPorokh
@IgorPorokh, thank you !
Reply
"The thing that bothers me is that I'm in touch with some institutions and they are not keen on investing now and took profits. We will see :) "

Is it not obvious for investors to be taking profits after such a big run and not be investing so long in the tooth?
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redtrapltr dRends35
@dRends35, I mean yes of course thats why I'm careful longing because this last leg (the length) is unpredicatble, a crash will certainly come. For now as i said on this idea I expect a little leg downwards
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redtrapltr redtrapltr
@redtrapltr, and then a continuation of this leg leading perhaps to a parabolic final move
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dRends35 redtrapltr
@redtrapltr, So if you're stating the obvious how can we know that this is relevant to you having connections with any institutions? Of course you could just be putting words in the supposed institution's mouth to add some grandeur to your thread.
+1 Reply
redtrapltr dRends35
@dRends35, institutional companies hardly invest on parabolic moves (except very big institutions), they only invest according to the real value of a stock, but the parabolic moves caused to retail investors are the ones who make the most money, if you know how to catch it it delivers a very good value
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dRends35 redtrapltr
@redtrapltr, Again, it seems rather obvious that any investor with sense would invest in an over exuberant move, but what does this have to do with you?
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redtrapltr dRends35
@dRends35, as I told you this is move has a high probability to happen acording to technical analysis, the only thing we dont know is when will it end because it will be parabolic. I dont understand your question, did you mean "any investor with sense wouldn't invest?" and its not already an exuberant move, it is preparing for one.
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