SPX is currently advancing parabolically. The third touch offers the highest upside, with a possibility of 100% increases. This is similar to the parabola that formed on bitcoin, and the parabola that preceded the great depression. pixiutrades.files.wordpress.com
FIRST OF ALL: LOOK AT THE NEXT SNAPSHOT, AS THE CHART CAME OUT UNPROPORTIONED AFTER PUBLISHING AND MY CROSSING POINTS ARE NOT CORRECT BECAUSE OF THAT (OR, YOU CAN STRETCH THE CHART JUST A LITTLE BIT BY SLIDING THE MOUSE UPWARDS ON THE PRICE AXIS ON THE RIGHT...UNTIL THE CROSSING POINTS ARE IN THE MIDDLE OF THE YELLOW CIRCLES... DON'T TOUCH THE TIME AXIS AND DON'T...
In Part 1 I outlined an approach that I have been working on that's aimed towards trading parabolic markets. Now we look at some trades! Amazon Daily Notes: Hyperwave Phase 4 if it supports throwback to prior ATH’ | 10 MA > 50 MA > 200 MA | Daily ADX recently crossed 25 | Weekly ADX = 37 and is currently crossing +DI | Daily RSI = 61.46 & Weekly RSI =...
CNC is a very strong, parabolic stock that can be used as a hedge against your long portfolio. Do not enter position until weekly close below parabolic trend.
TWTR had a great week this week, huge full bodied green candle. Volume wasn't as good as previous push up. If we get a red week next week, it will paint a bearish divergence on the RSI weekly. We are now touching a possible downward trendline. Daily reveals a parabolic movement up. Risk:reward tilts towards a short play. Short this resistance level now if...
This is one of the sexiest charts I have ever seen in my life...don't miss out.
Classical charting only on #TRXBTC . Sometimes its important to not get caught up on fancy indicators. Simple wedges, supports, and resistances can draw the picture perfectly. STUDY THIS
Here you can see the similarities between Bitcoin's parabola break and the multi-year rise and fall of Silver from its all time high of $50 oz back in 2011 (see my related idea chart on Silver linked below description), where the decline on both ultimately formed a large falling wedge to resolve (the red dotted lines on my charts). Silver ended up resolving its...
BITCOIN: BTCUSD The Parabola Price was 7181 nearly 5 hours ago and it's 7169 now, just managing to hold above the nearest support line at 7150 Bitcoin certainly has turned dead (remember the end of Carrie?) - but we know it's just pretending. Amazingly the low today put it within 24 points of the parabola, which is rising at a hell of a lick and is at 7080...
BITCOIN:BTCUSD Gone Parabolic Bitcoin throws some beautiful moves on the chart and will go down in the history books and Charting Books of the future as a text-book example of what a scrap of (electonic) paper can do if the story behind it is written well enough. Right now this is the best of the best, making Facebook and Google and Tesla look lame. How long...