I have been talking about a double top forming for 3 days saying we are going back down to retest 50K , the bears are going to correct the market the next 2 days as I see a big move coming with my new strategy , if u want to know more about my newest strategy “ THE ELDERLY DR. MOODY’S (BTC) TRADING REMEDY” now go to my last 2 posts to see why I named it this?...
On the DAILY, as I stated in my last post we have a huge bearish DOUBLE TOP) pretty much formed all the way now with only the right side to come down and break neckline, I believe we may be going down to restest 50K as all my indicators on my new strategy have all gone red, all reversing from the green we have had for last 20 days of daily candles, the bears are...
It's shopping time! This week is the week of opportunity!
After COVID19 Sell on March.
MACD histogram has increase (more +) (red -> pale red)
MACD & Signal start to rise from -0 (sub zero)
This week the pattern is similar to that month.
The Different is MACD is +0
My strategy is buy any stock you like with uptrend, strong fundamental.
Dont't forget to stop...
Recently I have finished reading "New trading for a living" by Dr.Alexander Elder.
In the chart I see bullish reversal pattern similar in the book
-MACD-Histogram/MACD signal Bullish reversal
-False Break at 105.5
-The price pull back to the resistance line 107.5
-Increase volume
Actually the ideal price for buy is 105.5-107.5
But I see the chart today so...
