I bought in at about $35 and of course the market became manic depressive lol. But, IMO this stock has strong upward potential and is getting some eyes on it. Currently riding the lower resistance, if it breaks down then you can forget about what i said above ;) Stochastic is about right for an upward reversal, rsi looks good however its trending down...
I strongly feel as though this head and shoulders will play out, however that right shoulder was floatier(?) than expected, which may lead to improved market sentiment as the pattern completes. This leads me to believe that we will form a nice triangle up from that raunchy 220 wick on June 2nd. If support is bullish, I'm expecting the cavalry around the high...
With an expected great earnings coming up- I expect this to be the catalyst to push $BIG to $30+ and start an uptrend.
Printed Trillions of dollars, there is nowhere to hide from the apocalypse... bitcoin to cero?... nope!... Gold is boring?... nope! The Yellow Rectangle is our sell order and Stoploss
Hi traders, Alright let's wrap this week up! *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the description.* SPY was making up its mind most of the day but it's just the way it is and it's our job as traders to adapt. I only managed not to lose THAT much today, hope you did...
Just that you understand what is going on. Only unwise would take a risk of massive euro buying in this situation. EURO is devaluating rapidly and big institutions got rid of it at best price. I suspect it was a planned action between several private European institutions who were holders of long term big euro reserves. And the dull ones who bought overpriced EURO...
Financial planners and news tooted alot of news in the last weeks, which are novel to anyone of us. Not playing devils advocate here, one could generally assume planners would like to keep clients funds and news are overselling events emotionally, to create attention. Taking a critical look might give clarity in troublesome times. Ive developed two rather...
NYSE:BIG Obviously, the instrument was driven under the mirror level of 26.15 and now it is in the "box" between 25.03 and 26.15. Since the last bar from 21.02.2020 closed down and did not form an up-jamming under the resistance level, we can assume that we see the short player's actions. But in any case, we can start to sell only after leaving the channel...
Buy on support 0.0060 +/- . LONG trade. RRR 5:1. TP1-100%. God luck
Big boi descending scallop, possible upward movement, however low success rate in a bearish market. A rising wedge can be seen to have caused this scallop (highlighted in red) Included fibonacci levels for possible upward movement targets.
Here is a GO-LONG opportunity which is starting now on EUR/USD. I think it should take 3-4 trading days, at least, to reach that goal of 60 to 70 pips gain. Note also the 4 Takeprofit/Resistance levels I've set in green. You can place your take profit at one of those levels. Don't take my words for granted, do your analysis, analyze again, then trade at your...
Here is some extra details about the GO-LONG scenario I was talking about. In my new indicator called S4W/RoBonacci, we can see the downtrend reversed back to an uptrend, starting on September 2019, and it is still climbing. We are soon to reach the first key-level, as seen on the chart. This indicates the bulls are getting stronger and prepare their attack as a...
A 13K scenario. Based on my analysis, bitcoin has a future. Yes! Keep you eyes in February 2020. I've just posted a similar idea few minutes ago for the Kraken exchange. Based on what I see on this Bitfinix Weekly chart, Price should reach at least 12300 USD and possibly go and reach 13200 USD because I'm seeing what I'm calling candle calls on this week chart....
Did you just hand back over some money to the market after what you thought was a great entry? But why, that "support" looks fantastic? You might have thought; Multiple touches in the past, strong zone. Price created some nice bullish Price Action, it must be bouncing off the support. We had a huge strong move up not too long ago. This is accumulation within that...
Hi guys, I will be presenting a trade idea that is of a much larger scale. This trade idea involves predicting the next recession - something that is at the back of almost every investor's minds. I will be proposing an open trade at 45.06, which is represented close to the fibonacci 0.786 level, a stop loss at the 51.94 level (which is close to the previous...