Trendline drawn from 4H TF. Lots of rejection to the downside as you can see in that zone. Will look for confirmation to enter with a small lotsize as i'll need to place the SL about 80 points below entry, below the trend line. Inflation report being released tomorrow 1.30pm GMT and if the results are bad (i.e. inflation is high/worse than expected), we'll likely...
Trendline identified from weekly TF. S&D zones identified from 4H TF. Looks like an 'M' pattern has formed on the 4H so i'll be looking to sell in time for NFP tomorrow. May keep one position open through it.
Factor 1: Elon Musk selling some of Tesla's investments in BTC & publicly denouncing it, removing the ability to pay for a Tesla with it & saying it is not environmentally safe. This could lead to many other companies following TSLA & opting out of the use of BTC. TECHNICALS: We are looking at BTC on a Daily Chart. RED LINE - DAILY GREEN LINE - 4HR BLACK -...
We are looking at a break in either direction before this Sunday closes
Near to breaks all supports of the index, not good... we will see
Market Crash is imminent. March 11. This is what the corrupt criminals running DC have been praying for, so there is absolutely no reason to think this scenario will not play itself out. What are they doing to stimulate the economy? Anything? Nope, the exact opposite. Prepare for the worst because it will probably be much worse than you thought. Look at the chart...
From this analysis using a fractal method, the copy stood and is now showing a downside projection
NIO may go down after good rally, I will not shock if reach to $10
Its is a completion of shark pattern unless Trump tweet! any more highs will cancel this pattern.
Its look like a fake bounce, just wait for bad news to short that SPX500, GOOD LUCK.
Or maybe Black September! it's Megaphone pattern.
I'm considering this trade, I'm not too familiar with fib but I am trying new strategies. Any recommendations would be great! Currently a very over bought market on my stochs. It has already fallen -0.16% for the day from its high. I recognise these are unprecedented times and anything is possible so would like some outside perspectives.
New sell signal is present and securing profit from the long on the way up too. We posted the buy from memory so I hope some of you caught it too. Regards Darren
After DJI slumped yesterday, the index rebound for touching the broken trend line..
Wow this was a 100 beautiful pips from US30