welcome to another free signa of week 38 Nr. 14!
Important: Wait for the break below the neckline and wait for a retest/rejection!
Sell here: 1,62374
Target 1: 1,61930
Target 2: 1,61601
Target 3: 1,61275
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I would like to share with you a comprehensive analysis of where we are at with bitcoin. An explanation of why there is so much confusion, why nothing seems positive and where we could possibly be headed. This is something I have shared with Purple Crypto Premium members.
I have here for you 4 charts drilling down from 1D to the 4H chart. It is clear we are in a...
Chart time frame - H4
Timeframe - 1-3 Days
A – Activating Event
Market will meet resistance in zone @ 0.997 - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.981
C - Fundamentals...
XAU/USD is in a significant supply on the W1 chart.
A CCI divergence, double top, and the fresh supply all indicates of possibility for technical correction or even maybe changing momentum.
To Read The Full Analysis: the5ers.com
WDC now at a triple top with downside divergence on MACD, its a short week next week but there's room 53.5 sept 6 puts to play out picked up some at 26 cents, in this case holding over the weekend unless we have a final hours strong down. the weekly is at a longer term topping area but no divergence on MACD.
Currently, according to my wave count, this pair is on wave 2 and with a combination of Elliott Wave Theory and Chart Patterns. We are aiming to catch the rest of the Wave 3 to the previous monthly support level and 1.272% on the Fibonacci Extension.
Nice topping pattern forming on UPS with downside MACD divergence tht says prices should be around $115. this slower mover means we'll grab some sept 6 117 puts at 69c. again holding over weekend unless we gets some action in last hour of trading.
Double top in agreement with UJ Seasonality. All markets ready, it's Wednesday and tomorrow is the FOMC meeting.
High probability this signals reversal of this symbol and if UJ Seasonality kicks off its price will snowball down, probably a couple of hundred pips or so.
Well, oil shot up this morning (I know ... news flash!), and it shot up really BIG! At one point it was touching the 15% gain mark, but has since retreated, while creating a double top.
I played the big gain, and now I'm going to play the profit taking.
Double top, RSI divergence, and a shooting star ... what's not to like if you wanna play this short?
Looks like a double top is forming on the 15 minute chart. Considering what transpired this weekend (attacks on oil refinery), I am not surprised.
Also, SPY dipped back below the major trend line ... AGAIN!! It still is having trouble getting through the all-time highs.
By looking at the daily or the 4-hour charts, you can see the S&P 500 is looking to be a potential double top. We are approaching record highs and I would not be surprised if we see a pullback before making new highs. RSI is looking to be potentially overbought at this level also. I will also not be surprised if we have a bad news cycle within the next week in...