First of all, if you indeed see this homewrecker of a formation as the cup and handle, bullish twisters, prosperity slim-jims, moon rounded bottom or any of these things ....please , dude get off 1-hour chart :)) you'll find loads of "bullish" double and triple bottoms on 5 and 15-minute charts ... >>>>Rounded bottom and C&H formations need a bit prolonged time...
XLM Shows Butterfly pattern right now i will keep following up Please follow me from all scoial media / Please push like button and follow me. Sosyal medyadan da takip edebilirsiniz. / Lutfen begen butonuna basiniz ve takip ediniz.
* So some of you know how extremely bearish I was so far. And my last market analysis got rekt by the Chinese news manipulation (Not an excuse, yes I was wrong, and it's ok to be wrong, I'm a probabilities man and big speculator, and yet I I misinterpreted the impact badly, we all learn from mistakes).. Remember this chart that I posted a few weeks ago? - well...
Looking to sell the weakness of Europe and Brexit chaos. Looking for reversal on the Daily to continue. Entered on short on a bull trap on the hourly chart. looking for a multi day move potentially adding size when the opportunity arises
Selling all rallies on pound until further notice... Top of the Range with bulls trapping all early (myself included) bears! However we were prepared and all unknowing and late bears its our time to TRAP!! Sold at 1.2550 SL above 1.2620 TP1 1.24 and then I will see if we have a bounce there Will be tracking the official entry with confirmation of the...
If you have been following we have been tracking the pair since the 1.2290 area ... We are now at KEY resistance and HUGE resistance evidenced by the Daily chart below With Brexit looming, Pound is in a heavy bear market so staying a bull is extremely dangerous territory! The current range is from 1.1950 -1.252. We are in strong resistance territories...
THIS IS A CONTINUATION OF THE SETUPS STARTED THIS WEEK..... CAN'T TYPE LONG AS MARKETS ARE MOVING.... WHATS TO KNOW.... -BULLS WHO HELD TOO LONG ARE TRAPPED WITH THAT BIG CURRENT WICK ON THE 4HR - IM LOOKING FOR A CLOSE BELOW THE CRITICAL AREA... (MIGHT USE THE HOURLY FOR ENTRY BECAUSE OF THE SPEED OF MARKET) - BUT ANY TRADES FROM HERE DOWN WITH STOPS ABOUT...
How's it hunting, trappers!! Did you know we are in a range on the pound? Its from 1.1950- 1.2560 Did you know the UK is in chambles and utter turmoil? Well if you haven't. I'm here to help. Not save the UK but set you up for a monster trade!! Note: Even though the pound is technically LONG overall the POUND IS OVERALL SHORT fundamentally!! Here's why it...
Hello everybody. We're about to enter September. Fresh start of the month could possibly take us to 0.30-0.31$ region before dropping hard again. Might catch a lot of bulls before going lower. My bias stays the same - we should see 0.16-0.20$ by 2019 November/December. Bitcoin is not looking good either, shaking out hodlers and putting them into deeper...
So far my FA and SA havn't changed since my last analysis of the market. But also the same goes for my TA... - We are still in a symmetrical triangle - It feels to me like a bull trap, sure we managed to break above ma200, but it was so weak with such a low volume , I don't think we can hold it, especially since we are at the edge of the cloud, and just stuck...
So far my FA and SA havn't changed since my last analysis of the market. But also the same goes for my TA... - We are still in a symmetrical triangle - It feels to me like a bull trap, sure we managed to break above ma200, but it was so weak with such a low volume, I don't think we can hold it, especially since we are at the edge of the cloud, and just stuck...
::Caution Ahead:: .5 Fibonacci has been a reversal zone out of these bear flags. We've had 3 bear flags as you scan see making a symmetrical or downward triangle. First one was a reversal to upside. Second one to downside as bearish trend continued. Third one? May not go to 11.5k like people want. Don't miss the trend line below that that also is acting as...
. THE PEAK AT 3015 TO 3041 NOW APPEARS TO BE THE LONG TERM TOP BASED ON DETAILED FIB RELATIONSHIPS FROM 1982 AND 2009 . I WILL NOW HAVE A VERY BULLISH SHORT TERM VIEW BASED ON 9 BUY SIGNALS .BUT I AM ONLY LOOKING FOR A WAVE C UP TO 2949 TO 2963 .The QQQ COULD SEE THE RALLY TO PEAK AT TWO TARGETS 1ST ..786 191 OR IN FACT MAKE A RETEST OF THE OLD HIGH...
$XBTUSD, $BTCUSD: A failed pennant Observing the $SILVER and $GOLD chart we can see similar chop, and violent shakeouts to our phantom fib level. In my opinion, I don't think the run is over. I do believe that if BTC regains the pennant territory, we could chop out some more before a swift leg up.
Lower volume is showing possible fake price action with a possible bull trap in play. I'd be very careful over the next few days with this. We believe a possible drop due to a rejection here because the volume has been a lot lower than previous rallies. However, a surge could create a FOMO rally back up to 11K + levels.
A few days ago I published this idea which is playing out nicely (for the bears, not the bulls) I think the formation is actually a triple zig-zag, not a double. But either way, the end result is the same. Here's a comparison to what happened in the last bull run in Dec 2017. This bull run, like the last, has been a suckers rally, and we all know what...
Is this channel valid and is this a bull trap inside it? Only time will tell.... $10,600 has got to hold to keep this run up valid and we have to break out of the channel and stay out. I still have my base long position and a pile of cash. Just waiting for the right opportunity to add to my longs.