Sell taken on Friday January 18th after a rejection at the top of daily structure. Potential Daily retrace candle providing insight into next weeks movement. Currently running one position with the anticipation of more selling opportunities back down to the start of the running channel we've seen in the higher timeframe structure. This may be the start of an...
Let's see if crude will correct down to 49 before it's next rally.
From the looks of price action, Ebay has set us up with a good opportunity to sell this stock.
I am looking to take short positions on AIG around the 43 levels. Watch for rejection as price tests the top trendline.
Hey followers and other TradingView users! If You read and enjoyed my idea then kill, smash, destroy the "LIKE" button! Let's start it: Remember the last post where I said: when the price is too long on the strong support/resistance area then it decreases the trade success rate. That what exactly happened on Sunday, the price was too long on the strong...
BTCUSD is situated into a bearflag which means probably will be another breakdown with a target of 3449$. This bearflag can be in play at the moment because this is a standard setup: MACD and RSI are going up when price remain stable or decreasing and stochastic is overbought.
Marked up NZDJPY and I currently see that there is a Cypher Harmonic Pattern Currently forming on the weekly chart. I Also put a Horizontal line and found out that it is an important zone. In my opinion, this will definitely play in the next couple of days or weeks.
See the patterns shown on chart. Currently awaiting confirmation of a bearish flag OR a formation of a diamond bottom. The latter is mere hypothesis, hinted by what could be its left side.
If this pattern continues there is a strong possibility for a major upside, standing by for confirmation on the 180 EMA. If this does confirm bullish all the way to 19.20 more would be great, but with great reward comes great risk. uc.
ADABTC now is situated into a falling wedge but if we zoom out a little we get a huge INVERTED HEAD AND SHOULDERS.But it will fail or not this inverted head and shoulders? Firstly,to can push this we need a BTC Stable/in upward mode :D and we need a lot of fuel and also volume because this 1250 it s a huge resistance of inverted head and shoulders(neckline)....
Hydro was broked 1D resistance line and MACD crossed bull which confirm this movement. If we are looking at RSI it s still double bottom-ed which is a reversal patternd and stochastic it s near overbought zone but they have room to go up Hydro it s an unique coin because it s the first on the planet which want to develop and make better 2FA security and also...
VETBTC it s situated into a big big falling wedge and now it s near the breakout/resistance zone of this. Stoch it s oversold and MACD is below neutral zone but if we get more volume will be a nice breakout with a first target of 120 sats which is approximative 11.66% gains for here
XMRBTC situated into a big big falling wedge which is a reversal pattern. What is the most important XMR have SMA monthly support which is insane strong :) Stochastic is oversold RSI curbating up now is below neutral zone MACD probably will curbate up soon because to remain bullish in long term we need to hit neutral zone(0) and go up
So basically, we have a few scenarios. Mainly, watch BTC closely for a while. Everything is really based on the price of Bitcoin still. Infuriating. Anyways, Neo seems poised for greatness, however, there are a few larger channels we have been a part of much earlier. Blue is up - confirmed trends/channels. Orange is down - confirmed trends/channels. White is the...
My previous call was very optimistic but damage has been done. My view of market has flipped and the trend has changed!
Gold still manages to push further up. This is most likely due to the heavy volatility and uncertainty around the indices. Right now Gold is touching long term trend support that turned into a resistance after we broke it earlier this year. Next to that, the price has been moving up in a curve like structure which is never a sustainable move for the long term....
I've been looking at this bug since November... last 4 days all xxxJPY have been dropping steadily, so it does not look like a long opportunity... but what do I know about markets? What I do know, is that last 1h bar closed inside the zone... The other thing I can tell is that there are important news on the JPY side today at 6:30 pm EST I'll keep an eye on...
Final analysis for 2018 with XAU Gold advancing into the $1,265 region as expected and not showing any signs of a pull back just yet. I am still backing this fall to challenge $1,220 in the coming month of so of the new year. Yellow projection: Price could drop from current levels on a 1hr time frame, but overall could respect the red square. (100% extension...