FUSIONGAPS (FG): DIFFERENTIAL FUSIONGAPS (DFG): Currently showing the BTCUSD (1M) chart, with only the 50/15 DMA FG oscillator shown. The y-axis for the FG and DFG charts are both set to log-scale simply to allow comparison with historical behavior here.
*-BROKE ASCENDING TRENDLINE *-DOUBLE BOTTOM FORMATION SIGNALING A TREND CHANGE *-PRICE IS ABOUT TO CREATE A NEW DESCENDING TRENDLINE *-I AM EXPECTING A FURTHER MORE SMALL PUSH TO THE DOWNSIDE TOUCHING THE SUPPORT AND FIBONACCI RETRACEMENT *-PRICE MIGHT ALSO CORRELATE WITH 50 EMA *-WAITING TO SEE SOME PRICE ACTION/CANDLESTICK PATTERNS ON MY POCKET BEFORE ENTERING A...
Hey everyone, I usually post more on weekends and here's another look at how Bitcoin and XBT price could move in the mid future. Yesterday, I posted a chart that talks about time and how I've mastered it. There are 5 main points to talk about on this chart: 1- Major past support and future resistance area 2- The 134-day stagnation zone that turned our lives...
US Oil presents some serious challenges for those looking to short this market. This analysis is time frame dependent. Which way you might want to go depends entirely on trends in respective time frames. DAILY PICTURE 1. On the daily time frame this is very much a bull market. We can see that in the ATR (amber trendline) and the green Guppy investor zone. 2....
Hello traders! Today we will talk about positive correlation between stocks and xxx/jpy cross pairs, while we are in RISK ON sentiment. Well, as you know, stocks are in uptrend and there can be room for more upside once a bigger correction fully unfolds. At the same time, xxx/jpy pairs are usually in positive correlation with stocks that can be clearly seen in...
Let me know what you guys think about my german accent - Im working on it. Hope you enjoy the video.
Hello traders! Today we will talk about Kiwi (NZDUSD) and we will show you how EW works in details if you have the right approach! Well, Kiwi made a nice five-wave rally with extended wave (v) into a wave "i" last week, which in EW usually suggests a bullish reversal! So, after every five waves, a three-wave pullback follows in wave "ii", and as you can see, at...
CRUUF is now displaying one of my favorite bullish signals - GOLDEN CROSS Also, very bullish is its current buy opinion by one of Wall Street’s leading Technical indicators barchart.com, which just issued CRUUF an 80% "Buy" short term! > Hence Time Sensitive?
DVLP has recently doubled in price multiple times . Back in Jan DVLP trended up 120%, trading from $.013 cents to $.029. And just over a week ago it Broke-out and ran up 160% , trading from $.019 cents to a high of $.05. It looks ready to potentially do it again.
This education idea uses "9 Seasons Rainbow Indicator" to discuss long trade signals based on specific scenario. The combinations of seasons on different time frames form patterns; some patterns have high probability of success for trading. "Long Signals of OverSold above Bull or BullRest Seasons" is one of the best signals, which serves as a bottom finder....
After quite a drop we're now seeing a ascending triangle formed. Since I find the 'textbook" ascending triangles not very clear (some say it is a continuation pattern, some say reversal) To start learning more about this pattern I'm going to publish it here so I can find it back later on. Give me some feedback about what you think this pattern would do after the...
The price of Litecoin (LTC) is up around 30% today to $42.56 after the project announced it was working with Beam (BEAM) to implement Mimblewimble.
Hello Crypto lovers! Let's talk about Ethereum! Well, just like Bitcoin, even Ethereum made sharp and impulsive five-wave rally at the end of December in 2018. And such sharp legs usually indicate a reversal, at least for a bigger correction of a higher degree! So, after that impulsive leg A/1, ETHUSD dropped into a wave B/2 correction, which we see it as a big...
It seems like people is opening more shorts (red line) with respect to (green line). This keeps pressure for the bulls and the price is not showing bounce signals. Keep also in mind that the total shorts opened are still less than total long opened. We suggest to keep short and longs in consideration before making any trade on ethereum, as the price is very...
The price of Gold has complex relationships with Stock Markets and the US-Dollar (among other things). In the screencast I point out some of the complexities looking back to 2007-2009. This is relevant to the current situation with Gold.
This educational screencast is I hope useful in showing how price action can be assessed from various perspectives. It is now pretty late in the game to short ULTA. See ULTA - Journey South ? (from 20th Nov 2018). I expect FOMO bulls to rush into ULTA, fighting for a few crumbs! LOL. That expectation is based only on human psychology. Make no mistake, it is...
In my previous screencast of 17th November, below all this text, is the story of someone (not from Tradingview) messaging me to ask if NVDA was good to buy. They were disappointed when I simply said "No". In the current screencast I follow up on how the FOMO bulls were punished for attempting to hunt a gap too early. This screencast is not advice. I am not...
Today I wanna show you my USDJPY perfect entry long position. The first setup Take Profit is hit but on the larger time frame we are aiming for much more. Have a good trading week everyone.