I entered my second position on BTC just below $45,000. I am holding with a bullish bias.
I have been asked to share some analysis recently and an update on my thoughts as to what the price is doing following some resistance at $60,000 and support at $48,000.
I have carried out some extensive testing on this instrument against other currencies and I have also...
As we saw yesterday we were too early to the run to the 50k level and consequentially the 1.5tr market cap.
I have marked out and illustrated how i see price action playing out, I will be watching structure to determine how we progress.
The Illustration suggest we will get a compression on volatility which leads to an expansionary move to the...
Analyzing a horizontal compression pattern to determine future movement.
Looking at MACD and Volume to support prediction. MACD indicates a possible downward bounce and Volume is lowering into the weekend as expected but over the course of the week volume has lessened intensity.
All three of these combined trends are suggesting support is weakening and over...
price climbing in a compression/zigzag mode. approaching the supply area.
clearing all the SND zones while doing the climbing.
Pro to Shorts at the last SND Zone.
keep your SL small and risk tight.
Now we have the potential to make SELL actions. where AUDUSD as we have seen, is currently experiencing a compression pattern. Where we also have a valid and still fresh supply area. you can place pending orders at the level that has been prepared in the picture.
Happy transactions, and don't forget to enjoy preparing for the Christmas and New Year...
MSFT has been in a tightening compression pattern that failed to break out and maintain a higher price. The stock has been under heavy Buyback mode over the past several months. Dark Pool Quiet Rotation™ continues.
Bank of America Corp. has been buying new technology in Artificial Intelligence, Machine Learning, Dark Data Mining, and Robotics. Like other banks, it has been stabilizing its stock with heavy Buybacks.