Hey there. This is my first published idea. GBPUSD in an area of consolidation forming a nice triangle. The 50 day SMA has just broken through the 200 day SMA, which is often known as a 'death cross', which can be a good signal of a bear market. I'll be watching here waiting for a potential breakout. Happy trading. Chris
the brschultz momentum model shows a lower peak in momentum which usually compounds downward pressure into optimal buy date. I expect Apple to free fall into March 2020 low brschultz aka markettimer777
My original idea I published on Christmas day seems to be playing out almost perfectly... but the amount of short interest i'm seeing has me concerned about a short squeeze I will be sticking to my original idea with a slight stop loss adjustment
Bad news invest in something better for the planet like Tesla or Microsoft.
I have studied for 11 months and this is the result from all you TA guys teaching me how to figure out where the price can go.
EGY will form a death cross either later in the trading session today or early tomorrow. Set a stop loss at 1.59 and rebuy on the rebound at 1.55. There's a huge potential floor beneath this. Long in the mid term, short in the short term.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Watch out below, more pain is ahead. The S&P 500 $SPX will form a death cross tomorrow with the 50 and 200 SMA's and we're basically all fk'd. Make sure you have stop losses in place for any long positions, look for overbought futures for a short position. HOLD ON TO YOUR HATS IT'S GONNA GET BUMPY
NYSE:STON NYSE:CSV MATW NYSE:SCI Death & Funeral Services usually do well in down economy turns from past, however only this one stands out as not having taken a 50% depreciation. Indicates buy on the uptick is your fate. We all die and just reality, some would say the guaranteed 100% payout.
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Description: Remember when Macklemore had the #1 raprecord? I dont. Timeframe ~3 days Indicators used: 0.123 x 29.53 = 3.63 days since New Moon. Shout outs: Them 6 white speakers at Jackson Palmers latest speaking gig. * Bull scenario if this dont break down here.
618-65 / previous 382 rejection Ascending wedge / bear flag Inside a bearish Descending Triangle With bearish divergence on RSI Why are people bullish?
THe projected breakout is posted here just under 6.7k. At first that seemed like it would clearly allow it to surpass both the 4hr 50ma(in orange) and 100ma(in blue). However the way the 100ma is now starting to tilt upwards could prove to allow it to maintain resistance and get above the projected target price before the price action reaches it....the 4hr death...
The 4hr death cross has occurred, however priceaction still hasn't chosen a direction. The inverted head an shoulders is still very much valid. Gonna have to wait for a clear break one way or the other and hodl int he meantime or if you sold sodl. If it continues to simply ove sideways all month somehow then we may very well be experiencing the purgatory phase...
Still neutral here as BTC gets ready to amke a decision. A breakout of this inverted head and shoulder pattern could send the price action up to $6725 and be enough to potentially help the 4hr 50ma (in orange) bounce upward off the 200 ma (in blue). Let's hope we go up from here. *not financial advice*
It's not time to get too excited just yet. Still holding onto my $4,200 target in October. I am a bear until we get above $12,000 and trade above long term moving averages that are in a bullish posture. Won't be re-opening a short just yet, will be waiting to see how the MA's hold as resistance.
A much needed bullish volume surge breaks price action back up above the 4hr 200 and 50MAs and sends us back up towards the neckline of the inverted head and shoulder pattern. People are attributing it to the rumor that Blackrock is considering getting into crypto ETFs. Botht he 4hr stochrsi and rsi are super extended in the overbought zones..so I think our most...