The drop in Tesla was predictable & is a warning for all techHello,
Talking points
- RSI & Bollinger Band strategy to predict a snap back move down
- Tesla never drops this much in isolation, there is a strong correlation to QQQ & BTC
- A drop in general markets could be coming as early as this week
The correlation between the 3 are shown in the chart below. The green arrows show the respective weeks.
Thank you for your constructive criticism
Oscillators
$DJI Dow Jones heading to Waterfall - WEEKLY CHARTHi traders! It's thatsBuck @twitter.
I'm changing my prediction on a DOW jones LONG.
After more analysis of the charts I found the DOW jones to be in a tricky triangle ending point. I painted the triangle green instead of red. Let's just say that I'm predicting massive sell off by the end of December 2021. Expecting 2 year swing in favor of Bears. Updates to follow with Gannzilla take profit points? Keep an eye on the USDCHF and USDCAD to confirm the devaluation of the US dollar. USA is BROKE and asking for more stimulus to try to dodge the debt waterfall.
POW Edge Reversal is HERE 🚀🚀🚀🚀🚀🚀🚀We've been sharing ideas on this strategy for quite some time now as part of our 'forward testing' approach and log.
In this video, I run through the strategy, how it works and how it can help.
Everything we do at POW is based on 'proof it works' - this is no different and you'll see this in the data I run through for you.
Any questions about gaining access please drop me a DM on here.
This just shows how powerful Pine script is - to automate a strategy and confirm you have an edge in the market.
Removing stress, decisions, overwhelm and all of the emotional struggles trading can bring.
Let me know in the comments what you think please - be nice right 😅?
Please scroll through some of my previous ideas to see some trades in action.
Regards
Darren
Reversal Zone Indicator / bitcoin litcoinIn this video, I show my most recent indicator that I have created which spots reversal zones based on stochastic RSI indicator combined with MACD indicator.
Potential buy zones are indicated with green columns printed on the chart, and sell zones are in red. a signal is more powerful and accurate whenever its surrounded by black bars before or after.
Divergences Explained by a RaccoonThis video's purpose is to go over the fundamentals of divergences.
How to spot them and the effects they have.
I might make a video later on practical application and how to trade them; as well as how to combine them with other technical analysis tools and techniques.
And I should be doing a stream soon where we just spend an hour hunting divergences on different commodities; whether it's crytpo, stonks, or forex.
I hope this helps those trying to understand divergences.
Let me know if anything seems off or is confusing, I am more than happy to make another video to clarify anything that seems off or incomplete.
Thanks for watching.
HAPPY RACCON: CHART REVIEWS: 30 min, 1 day, 4 hrThis videos main focus is on the 30 min chart I am currently watching, as well as some observations on the daily chart and the 4hr timeframe.
Why am I happy? Because I can now stream, which means I can freestyle explain and analyze, and then consolidate and streamline that info from the stream into a summarized 20 min video idea.
I did 2 streams last night, there was some technical difficulties, but I did go over divergences, and today I should be getting around to making a well thought out 20 min video on divergences, and eliminating all the tangents I love so much.
Hope this video was helpful, thanks!
SALTY RACCOON: CHART REVIEW: Daily ChartWell, this video had to be re-done as well, BUT I think I covered the most important stuff... except volume profile stuff... why? Because 20 minutes isnt enough and I forgot due to the pressure, lol.
Biggest takeaway though is to keep an eye on that daily chart developing bearish divergence.
I am going to make one more video after this, it will be a Charting Out Loud video with an emphasis on Divergence Hunting and just seeing what stands out.
EURUSD in the eyes of Elliot WaveHello everyone, I hope you are having a very good day.
My analysis is based largely on Elliot Wave with the support of Fibonacci retracement, RSI divergence, and key levels.
Let me know what you think about this analysis below in the comment section. Thanks in advance.
Peace,
Husain
CHART REVIEWS: BIG BOYS: 1day, 1week, & a couple microsThis video was my attempt to go over my larger timeframe charts of the daily and weekly BTC charts.
Sadly, 20 min never feels like enough time, the pressure to cover as much as I can in a short amount of time always makes me forget stuff, but I think I covered the big stuff.
Once TV lets me stream, I will be able to go over all the details at a much more calm pace and more thorough coverage.
The weekly doesnt require a ton of coverage as changes take forever to occur, but my daily chart is looks like pure chaos without any context.
I do go over a couple small timeframe charts in the beginning, which was a mistake in the end, but I cant make another video until later today, so this will have to do for now, lol.
Thanks!
RAMBLIN' RACCOON: Chart Reviews/Charting Out LoudSorry, this video was a bit rushed, I am on a time crunch.
I basically go over a couple charts in the beginning, multiple tangents, and then at the end some charting out loud on the 2 hr timeframe.
Takeaway, we broke a falling channel, and are potentially in a large rising channel.
Will make more videos today when IRL is less busy.
Hope some of this was helpful, cya!
MORNING CHART REVIEWS: BTCThis video just goes over my old chart that became invalidated due to my own negligence.
Biggest takeaway from this video is the large descending channel, potential wedge, and potential bullish divergence.
I will make another video today if things make some big moves.
And, I will be making a video soon to go over my daily and weekly charts as they should have their own vids because there is a lot to go over.
CHART REVIEWS: BTC: 1hr, 2hr, 4hr, Daily, WeeklyThis video goes over the charts that I made earlier today, as well as the charts that failed from last night.
I go over multiple timeframes pointing out channels, wedges, fibs, divergences, clouds, MA ribbons, right-side indicators, and I forget what else.
The takeaway? I am still buliish overall because of the weekly chart as well as some stuff on the daily. Holding those 786 levels on the daily is key to keep this going.
Hope this helps!
Another push from the bulls? Caution: Sellers lurking above!DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART!
Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
CHART REVIEWS: All the Timeframes!I didnt have internet all day!
My ISP finally got it up and running, and so, let the ramblin' begin!
In this video I go over my div n fib charts on the 15 min, 30 min, 1 hr, 4 hr, 8 hr, Daily, and Weekly.
We basically start zoomed out on the 8hr, zoom out to the daily and weekly, and then zoom in to the 4 hr, 1 hr, 30 min, and 15 min.
Takeaway: We are watching a rising channel and wedge.
“How To” Video Overview of Indicator “CM_MACD_Ult_MTF_V2”Hello TradingView!!!
-Video Posted on 07-28-2021-
This video is a detailed video overview of the CM MACD Custom Indicator - Multiple Time Frame - V2 Release.
I will post the link to the Indicator within a few minutes after this video goes live on TradingView either in the Link to Related Ideas below, or I'll post a comment below with the link.
Thanks for you patience.
I'm so excited to be back. Please Post and feature requests for this indicator below.
The bend at the end? Don't write off bulls too soon...!DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART!
Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
Now back to your regularly scheduled programming?DISCLAIMER: Trading Forex/Cryptocurrency involves risk and you may lose more money than you started with! These posts are not to be taken as financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past performance is NOT indicative of future results. Please, know how much you are willing to risk on EVERY trade that you take and be SMART!
Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
CHART REVIEWS: Fun With Divergences!I made this video because I was bored and enough stuff happened today to actually have something to talk about.
Our 1hr and 4hr charts are still valid and in play, so were just sitting and watching.
Second half of the video is playing around with divergences on the 30 minute chart and making some sill speculative predictions.
Thanks!