How high could it fly? Expecting 4130-4144 tar. Maybe it already topped? We'll soon find out!
The megaphone is ominous, could get correction back to support at 3800, or less, if it plays the horn.
Not investing advice; trade at your own risk; GLTA!
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Anticipating swing price to the upside, after making a new daily low last Friday and breaking Thursday low. There is a sense of divergence in volume for a high probability of change of direction with momentum from prior weeks. Minus the volatility.
Waiting for price to float to 96.60% level
When price gets to the level, wait for candlestick...
32118 is a crucial level if it opens and manages to stay below this then A bearish trade can be made !
However if the BN continues to make the 200EMA as a strong support trend line ( non linear of course!) then a trend continuation is good for the bulls
What we don't want to see is a rejection at the oppisite site of the Fib Retracement.
A rejection and a subsequent lower low would be bearish, breaking the upper boundary and rising quickly would be very bullish.
I think a squeeze is imminent as short DXY is consensus and we haven't had any meaningful counterrally
Giant GAP in Tesla stock. Sooner or later, a GAP will always be filled. The problem is that you never know when a GAP will close - so the stock can easily rise much more. Unfortunately, a GAP cannot be used to find a peak in a given stock. But beware
Merry Christmas and Happy New Year.
Last week was somewhat quiet as we had Christmas holiday going into the weekend.
Quick going over my current positions from last week, did enter a scale in position, and that was it. There was 1 miss trade that I did not take.
CADJPY - First trade running about 2%. SL at 1:1 RR. Second trade scaled in....
As described, here is the updated chart of my 3rd in a 3rd in a 3rd of a single 5 wave motive wave from VDUMPS until now.
Notice the 1-2 1-2 1-2 beginning, requiring a concentric 4-5 4-5 4-5 finish.
Notice the degree of the 2 major corrections within the inner 3rd, the same degree. And then notice the containing wave 2 and wave 4 of the wave 3 in yellow, of...
Looking for another formation on lower TFs to take the advantage of some few percentages to the upside.
More sells will come over at the third bounce of the corrective structure.
On 15 Min TF the Flag continuation Pattern is broken, moving to the upside.
As the title suggests, here is the updated chart of my third of a third of a third elliot wave hypothesis.
Expect a near vertical rally from todays low, as we are within a sub-wave3 of the first wave 5 having completed the larger degree wave 4 of the even larger wave 3.
Next will be consecutive wave 4 wave 5 wave 4 wave 5 of higher degrees to complete the...
BEWARE OF LOUD IMPOSIITIONIONING VOICIES SEEKING TO BNKRUPT WHAT LITTLE YOU DO YOU HAVE LEFT. KEP THE FAITH AND STAY IN YOURT TRADIITIONS AND ART THT HAVE BEEN TIME-TESTED, RATHER THAN GOING INTO THE CITIES FOR "WEALTH" WITH NO PURPOSE
Always maintain a clear head. Do not let the mob tyrannize you. this is History being made.