Overview: let's review the key points of the previous update:
Start of a bullish phase to ~380 by the end of October/early November.
Island reversal gap is not going to be filled ever!
Bullish pattern: one white soldier + one black crow + one white soldier.
We are in wave c of (I) of c of 3.
The 40W cycle trough on August 18th, now inside the second...
The DXY has risen 7 consecutive weeks in a row. Only 6 other times in its history has it risen more than 7 weeks in a row. The probabilities are not on the bullish side here, although it is possible. We must prepare for a down week and possibly a continuation of the larger downtrend that started last Fall. It is possible the DXY is in the process of forming a long...
Historically, when unemployment crosses the 20 month moving average, a spike in unemployment follows in the next 12 months. These spikes in unemployment usually correspond with market downside in the S&P 500. The majority of the losses in the S&P usually happen early within the rise of unemployment. The recent rise of unemployment from 3.6 to 3.8 reported Friday...
Hi Traders, Investors and Speculators of Charts📈📉
A quick look at Cardano. First, let's establish the Macro Market Phase that we're current trading in. This helps manage realistic price action. ADA is currently in pre-bull market phase / accumulation phase, in other words it is a great time to accumulate for the rally to come with scattered buying orders....
This trade we are looking at on GBPUSD is based on the stretch principle. We have entered on a pending order where the high was for today as in the chart image. We are taking the trade according to our smart money framework indicator and our trend alignment with the the higher timeframes.
E - 1.2690
SL - 1.2654
T - 1.2715
So far,it is going in our favour as it...
We have entered on 4h confirmation bar and as of this week, the 4h bottom has gone onto confirm the bottom on the daily timframe. Let's see if it continues further upwards and go onto confirm the bottom on the weekly timeframe according to our smart money framework indicator.
US30(Long)
E - 34607
SL - 34023
T - To be confirmed(TBC)
We will be tracking this move...
We have entered on 4h confirmation bar and as of tuesday this week, the 4h bottom has gone onto confirm on the daily timframe. Let's see if it continues further upwards and go onto confirm the bottom on the weekly timeframe according to our smart money framework indicator.
BTCUSD(Long)
E - 26626
SL - 25827
T - To be confirmed(TBC)
We will be tracking this move...
This trade we are looking at on Brent oil is based on the stretch principle. We have entered on the close of the confirmation bar(the one with the dot) according to our smart money framework indicator and our trend alignment with the the higher timeframes.
E - 1.2643
SL - 1.2547
T - To be confirmed(TBC)
So far,it is going in our favour as it has taken out the...
Price is already at an important level for BCH. A failed mitigation of the remaining sell orders from here will confirm a good buying opportunity towards 300$ and even 450$ as a our main target. But, if price reacts from here and drops towards 200$, we will need more confirmation. Only a succesful break above 200$ can confirm the buys, otherwise price can still...
This is my view on the daily timeframe for BTC. A break above 28k can push price towards 29k, BUT only a break above 29k, after price mitigates the remaining orders from there, could push price back above 32k and even 34k. On the other hand, a break below 27k can make price drop further and retest the current low and potentially break below it, towards 23k.
We have entered on a 4h bottom confirmation according to our smart money framework indicator and for it to go onto confirm the bottom on daily and then weekly.
E - 1.2643
SL - 1.2547
T - To be confirmed(TBC)
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and...
Gann market replay pattern has been playing out pretty well so far as of mirroring structure from a specific pattern in the past. Once a pattern from the past has been verified it is only then does the market become tradeable.
Eccl. 1:9
What has been will be again, what has been done will be done again; there is nothing new under the sun.
Gann master...
Could happen, it’d be pretty crazy if it did. 2022 to now is a very clear 5 waves down, 3 up. At this point it could still pivot to the upside, but an over inflated market x rising interest rates.. I’m packin bear spray
DRV - 3x Short Real Estate ETF
Stop Loss: $40.50
Current Price: $47.72
First Take Profit: ~$80
