SQQQ - Currently sitting on the 1.618 (non-log) retracement from the last major swing low to high. - RSI showing some macro divergences - MACD as well #NasdaqIsABubble
EURAUD broken triangle and is creating inverse head and shoulder on 4h structure, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
two possible scenarios on GBPNZD, let's see which one is going to get activated first and we will act accordingly.
$SPY $SPX $ES_F $QQQ $AAPL -- $ES_F looks to me as if $ES_F will inverse H&S into a gap fill and then dump bigtime afterwards.
possible inverse head & shoulder in the making with right shoulder forming at .618 fib retracement of recent move, will enter this setup if get the PA I want, keep you guys posted in time line Flipping the RED box/ Red Resistance line will be super bullish & invalidate the H&S so keen an eye on that resistance
TF: 2 Hr Possible inverse H and S on the 2 hr and 4 hr TFs. Bullish divergence can be seen developing on the RSI and price has retraced and is currently trading in the golden zone (between the 0.50 and 0.618 levels). May be see some buying here to complete the right shoulder and move up from there to ~123. See my previous EJ forecast here:
$SPX $SPY $QQQ $NQ_F $AAPL -- the bear flag on the $ES_F 15 min chart broke down and is now forming an inverse head and shoulders. My guess is that it will likely inverse back towards that bear flag channel maybe re enter for a bit but ultimately it will reject one of the two channel lines and reverse imo.
The Inverse Parabol: TIP is based on a reinterpretation of some parabolic basic chart patterns. Hope you enjoy!! Love & Good Luck, guys! Hard times are coming after the recovery... ;-(
this long drawn out battle with .175 does not bode well for inverse XRP currently below/above/below?/above? the 100 MA the price action is looking more and more like a drop to the 2.75 is imminent and if the 2.75 does not hold then watch out!
in this inverse view of DGB it is clear that many support levels have been lost the price could not hold on to the channel bottom or the support at .165 if it cannot get back above .165 the unfortunate next support is .05 we can only wait and see if it holds crashing upwards
Let me know what position you would take in the comments and why
looking at SCO for an entry around $16, not sure if this inverse WTI ETF will make it all the way down to the bottom of my triangle, but I will be monitoring this chart going forward as I think WTI will most likely go negative futures again soon.
After the wick rejection at the support zone, I believed gold will trend up towards the last resistance zone. Simple but profitable. You can catch buys anywhere between the two zone, as price makes it's way back up.
Quick pattern update here. WES appears to have an Inverse H+S pattern forming on the lower timeframe. A clean break from the pattern would target the $9.30 range, setting a conservative exit, with a close below the purported right shoulder would minimize potential for losses. WES has been one on my list for a while lately and I recently closed a position for...
Hi traders, yes yes, the title is a little bit click-baity, but to be honest, SPY down was about an 80% probability for me today. Now to be fair, I've been expecting this move lower for over a week now, so plenty of factors surely played their roles, but as soon as I saw VIX close out in a 1-2-3 Low formation yesterday (Monday), I had that final confirmation...
AMEX:SH This is an inverse ETF that is relatively safe. Do your research, but I am adding this to my portfolio as a small hedge. Green or RED to me doesn't really matter...at the least, it'll smooth some volatility out of my portfolio. IF YOU READ THIS, FOLLOW ME
See on the chart. No technical Advice