COULD BE AWHILE BEFORE TARGETS ARE HIT AND PULL BACKS WILL OCCUR! THIS IS A MAJOR SWING TRADE SMALL STAKES, REAP THE BENEFITS!!!
I’d buy Yelp shares at $58 with a ten dollar stop loss. Profit target could be set at either $85 or close to all-time high ($100). Question is whether we are patient enough to hold this position for months to come. Full analysis: jmak.ws
Intermediate-term still expecting a lower low to mark the bottom of the largest degree wave II (see The Historic Rise of Bitcoin chart linked below). My primary count is a double zigzag W-X-Y. Alternately this could be viewed as a large A-B-C zigzag. However, both count best with a final 5 wave decline unfolding. Short-term count (BITFINEX) to follow...
Looks bearish on a long-term timeframe.......looks like a macro bear flag pttn. w/ a tgt. of around 80 for the extn. of the move......of course if it b/o of the upper trendline around 125-126 to the upside then the pttn. is not valid.....if it trend down to the lower end of the range & then b/o to the downside of the pttn. around 110 then it could go to the tgt....
We've had a strong bear run, but it's over. Bears will take a breath or two while we retrace some steps and touch base with some moving averages.
I am looking at the weekly $VIX chart. Now this pattern catching my eyes. This is a weekly bullish pattern and it's holding the twenty moving average. We might see another week or maybe 2 of consolidation before a breakout imo. In this video I am covering my trading levels: youtu.be
Purpose: This strategy is designed to help you to figure out whether you should position your long term investment account aggressively or defensively. For the purposes of this demonstration, I have drawn my Fibonacci Arc from top of the 2000's Tech Bubble to the bottom of the early 2000's Bear market. Steps: 1. Use Monthly Candles 2. Add a 21 month EMA and a 10...
Purpose: This strategy is designed to help you to figure out whether you should position your long term investment account aggressively or defensively. For the purposes of this demonstration, I have drawn my Fibonacci Arc from the bottom after the Tech Bubble pop in 2000 to the peak of the Housing Bubble in 2007. I will post another Chart in which I will draw the...
In this post I'd like to share some of the best ways I know of to stay on the right side of the long-term trend. I will stick to technical indicators on price action and the S&P 500, or this discussion could go on way too long. I employ the monthly chart for long-term timing; its perspective is broad enough to show the big picture yet nimble enough to capture the...
At resistance channel its best opening for bearish to follow the trend. Bearish target at any price at support trendline with Stop level above bullish key level or at 0.8090. If bullish keylevel break up, reverse order and take long position with target 0.8400. and stop level at 0.8032. (risk/reward ratio 5) resistance channel merupakan tempat ideal untuk entry...
After months of decline Bitcoin has found a bottom at $275 and is trying to move back into the uptrend area at $400 since taking the plane () and after testing the bottom at $315 (). Here is some guidance of where the price is moving in a larger scale right now on a daily chart. Next resistance is $403 and $418. Strong support is at around $338-$339. P.S. If you...
Ever since GBPNZD made a swing low at 1.77 in April 2013 it's been following an upsloping median line set. However, the resistance at 2.105 has proved to be strong enough not to let it develop any higher. Is this triple top going to be restested ance again? As long as we observe price action above the dotted sliding parallel, it is still an option. We might even...
After months of decline* Bitcoin is arriving at a bottom. I see the momentum change to become bullish this week in this area above the Fibonacci retracement where Bitcoin is starting to create a double bottom pattern, if you only consider the real body of 1d candlesticks without the lower shadows (wicks). And BTC is currently at my scenario "B": meaning if the...
New version! I looked at all the original information from MtGox which is still available on TradingView and noticed that my last chart using Bitstamp prices and pivot dates wasn't aligned perfectly with the real pivot price data from MtGox (which shaped the price from 2010 until the melt down in 2014). BTC has still a high risk too fall even more. The pink Gann...
Everything explained on chart :) We have more possibility for short then long. Keep it simple!
Everything can be seen or read on the CHART. 1. Winter Demand UP 2. If Dollar goes Down Price(NatGas) UP 3. Positive Technical Analysis 1.+2.+3. = ====>> to rocket UP; explode(?)
DAX Resistance The DAX is currently in a very strong resistance zone. In fact many of the largest stock indices are also in the same position please also see my trade on the FTSE (Global Equities Turn-Around) It has touched this level 2 other times this year, we have seen several retracements on the dax this year and this seems to be where it stops the...