Short analysis based on pitchforks (median lines). After a breakout of the upper median line established a sliding parallel, this parallel can be used with high probability to success (with good risk management) in a short trade. The setup could be repeated few times.
Over the last 5 years, there have been 9 independent observations where the S&P 500 Stocks at 10-Day Highs Minus Lows crossed below the level of 300. After 5 days, the S&P 500 returned an average of 0.97%, with the return being positive in 89% of the observations. Tuesday 22nd >> Tuesday 29th
Hi Traders, Im actually gunna put more then 10 seconds of thought into this post and explaining my reasons and how i will play out this trade , usually i just post the chart with no reasons or how you should manage the trade ,or when to go breakeven. However this post i will explain everything. Reasons for the long: @ BTC Has been falling for a while towards...
TA Should display everything to prove the direction we're heading. This analysis is fire!
It appears that once again the price was dumped into the psychological level: 1.8650 (in the midst of large fundamental talks) before price rallied 250 PIPS to the upside & potentially wiping out many traders short profits on the day. The price action is as clear as can be and for as long as the pair trades above 1.9208 (weekly SUPP) then I expect buyers to...
Explaining why I took this position
Falling Wedge creation and at the verge of confirmation for the next move - whether further downwards or an upward breakout. Mid Term Trade Accumulation Recommendation Accumulation Area : 69500 sats - 71000 sats Distribution Targets Target 1 : 81590 sats Target 2 : 89000 sats Target 3 : 94980 sats Target 4 : 100970 sats Target 5 : 109490 sats Target 6 : 120550...
Low risk (high probability) entry using pitchforks. Good probability to get to median line...We will see...
Bitcoin has been in consolidation during the holiday weeks and showed some improvement by the end of the weekend. And it showed a good uprise and is now testing its resistance and support levels. We might see bearish influence downwards upto 3850-3900 USD area and if bears can continue pentrating and broke the resistance we might see another leg down movement in...
Engulfing candle confirms bitcoins short term rally and time to setup distribution targets. Short Term Distribution Targets Target 1 : 4093 USD Target 2 : 4370 USD Target 3 : 4648 USD Target 4 : 5043 USD Stop Loss : 3340 USD Good Luck. Legal disclaimer: Information on this channel is our team's analyst's "opinion" based on data available at this point in time....
My quant model predicts Profitability: it has a high probability(66%) to rebound at this level. Worst Case: it could drop to $166.88 Money Management: Bet no more than 33% of capital Suggested Strategy: long stock for 5 Days, wait and see