I've been pretty quiet on TV lately, focusing more on YouTube and quick tweets, but someone asked me to post this after I put up a screenshot in the TV chat room. I've been wanting to post one of my newer somewhat unique charts for a while anyway, so I bring you another chart that exemplifies the inverse correlation that I've been noticing over the last year or so...
Busy chart. US 30 is trending down since 26 Feb 19, and 22 March Price Shock was pivotal IMO:
Note the long TL at bottom reaching back to 1996. Scroll R/L to see the extension. IMO this line will define the bottom for the 2020 bear market.
Note the two-year 'Trump' TL which has enjoyed a parabolic run-up since election and corporate tax cuts. This curve is...
Another counter-trend move with the following signal.
1. Pt A of the Bat Pattern(Pink) breaks and close above the downtrend channel.
2. The bullish Gartley gives a tighter counter-trend trading opportunity.
Let's look at the situation in detail: some prominent long positions were opened in recent days. Amount of short position grew up too, but some facts tell us that short positions were opened by small players (like you and me), while longs were opened by huge whales. It is foolish to deny that BTC is wholly oversold now, we are following down-trend since 8400$ and...
Bitcoin price correction and this so called "levels of artificial price" lasted longer than expected while being hold by sharks 'n' wales.
When Bitcoin makes his next second retracement (which happened already yesterday), and rebounced (but not strong enough, because rebounce slightly from 9300 $ (which is "additional support level" )
You should all cashout...
gbp jpy has been in a downtrend for some time now, price has been in a little consolidation period. Price has retested resistance zone and now I am waiting for price to retest resistance line and go down from there.
GOLD in Downtrend Channel.
Breaking Below 1280.7 will dwindle price to levels of 1270-1250
Initiate Shorts on every rise with SL of 1311 for Targets of 1270-1250
Idea Invalidated if GOLD breaks above 1311
Monthly Candlestick Forming spinning top, Bullish momentum since January 2019, EMA's indicate uptrend.
Weekly TF we see strong Bearish momentum, although blue EMA and Major Support zone held last week and price has been consolidating for 9 weeks.
On Daily, we saw how price went down on Monday and found support at 97.00, broked it and continue down, pullback on...