Possible bearish divergence in the daily bitcoin chart that may lead us to retest the 42000 - 42500
If you have missed this one, then your chances are back. Our uptrend was broken then the price went back to the higher levels where it was trading last week. More confluence means less risk. RSI is reaching critical levels pushing bears more. The price can still trade inside the resistance zone for a couple of days, so trade safe and best of luck ! If you like...
MSTR Daily -13 CCI has a Long signal just triggered with a cross up thru a down trnedline on CCI for an aggressive Long at 773. The continuation of Up is favored by location of two CCI triangle apices being above zeroline. More conservative traders may wait for a breakout above the swing high dotted line, to avoid any possible continuation of zigzag ...
Two 13 CCI triangle apices (apexes?) are above the CCI zeroline, which favors price moving up. The definitive Long would be when CCI crosses up through the downtrendline, at the green arrow Reversal to short would be when 13 CCI crosses down thru an uptrendline not shown
Daily DXY 13CCI is still not showing much upside strength. The downward momentum is slowing, but a real trend change up in price ordinarily will first offer a CCI divergence, then a retest of low, then the 100CCI likely would shoot up thru -100. Jenner's Divergence Corollary is that if we have not seen a CCI diver, we have likely not yet seen the low. A...
These spreads have some good risk / reward with the semi conductor shortage and QCOM still at a decent p/e after the dip. buying the 19th Mar $145.00 Call selling the 19th Mar $150.00 Call breakevens at 147.40 Max Profit is 108%
I'll be buying between Wolfe waves 4 and 5, preferrably fading wave 5, coinciding with a CCI line (which is now on a short signal and dropping) going north back up thru the green down trendline The exit would be after the next high after CCI crosses down thru an upline not yet shown
All eyes on 14-cci rollup. I'll be looking for entries on 5m if i see strength. If a roll-up doesn't happen or will not have follow-through, then the market it weak.