The false breakout means Price is back in the range.
Stock markets also went down a little bit..
Price holding above ~12.4 area would invalidate this back in range theory, So i am looking for entries near 12.1k-12.3k..
We'll see whether we get a re-test of range highs.
The S&P500 is busting into a decisive zone. For some it will be heaven. Others say hell awaits everybody.
The choice is yours.
The markets have been said to be pushed not just by FED cheap money, but by Robinhoods (a popular search engine will say more). I depends on who you believe.
Just to be clear, I don't know which way it's going or for how long in any...
IF ONLY you would have used tha reverse ADIDAS pattern homie...
jk it wasn't a thing back then :)
Bitcoin has taken a huge hit in the last month but that's doesn't mean you can make money with it...maybe idk
According to my friend of Beras council we are ready to send this bitcoin scam to the hell by pressing our red buttom. you dont believe? you will deserve no money.
You follow us? you'll be rich.
Ok Indicator is in clear downtrend, and indicator below showing red bar, just watch all previous bar, this indicator never wrong.
SO short it and be gratefull with me ok
Wall Street (DJI) just dialled 666 i.e. 25666. Let's see what will happen! If you're superstitious, you may like this one. It's more about psychology than about technical analysis. Psychology rules the markets. To what extent we shall see!
Analyzing NEO BTC (bitance) chatd we see a very very long downtrend from April (0.009 BTC) to August 2018 ( 0.0024 BTC)
On september NEO broke downtrend and has entered in a falling wedge triangle where now we are in.
Falling wedge in a downtrend is a bullish signal so we expected IF NEO dont broke lower support a testing in area 0.003100 BTC
History and Application
This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
THIS TRENDLINE IS NOT BREAK FROM BUYER
WHERE TRENDLINE BREAK FROM BUYER IS 100% SAFE FOR GOING STRONG BULLISH
BUT FOR MOMENT IS IN CONTROL FROM SELLER AND WE WAIT SIGANL FOR RECOVERY
We do not know yet for sniper entry but we will see the news further as 1D has not yet confirmed a buyer's control
So far we are in an unstable result where buyers and sellers are struggling in a fairly cold zone for getting control.
But it's pretty good that sellers are in control of the situation after they have approached the trendline area in the 1 day chart and now should look in the next few days how the situation will be.
EURUSD H4 Update - Currently sat on our H4 channel resistance, ideally need to break through this to continue to the upside for a push through our supply zone. May consider taking profit for +27 if we struggle to break this level.
Aaand the losing streak is over! Thanks to a decent signal from EUR/USD, the HLHB is back to black this week. Phew!
Before we get to the numbers, read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Basically, I’m catching trends whenever the 5 EMA crosses above or below the 10 EMA. A trade is only valid if RSI crosses above...