Trying to maneuver our way into how to enter actual trades during this chapter. Talks about reversal patterns and candles are happening. The eventual talk about how "not everything is textbook" and "you just have to use your best judgement" is also being aired. He keeps talking about selling when price is in the upper area of the channel. Probability states this...
We can notice very interesting point 92.5 On DXY number 92.5 was respected many times from both sides of zone and act as support/rezistance, even FIBO 61,8 level is in our side to bounce down and short with good 2.5 : 1 risk. :D RSI is also very close to overbought.
We can drop lower, but you would rather buy at these levels then sell. Common sense. TP1 is 51k TP2 is 55-56k.
There is possibility for fake out at H4 resistance trendline. I prefer safe exit at bottom candle (bullish pinbar) demand zone, as the bottom candle only make lower low without break (close) previous lower low.
This entry and SL is based on my technical analysis only. Do your research and trade on your own risk!
Netflix hit an all-time high, then corrected. It crept below the uptrend line but didn't generate a sell-signal below it. It passed back above the uptrend line but hit the resistance roof. Again, it just crept below the uptrend line but without a sell-signal, suggesting that the trendline is acting as support, albeit loose support. The price climbed above again...
Ebay is forming a cup. It has all the right CAN SLIM traits. So my entry is $0.10 above the line at 61.19. Entry $61.29 Stop loss 7% Take profit 10-15% I think it goes without saying, but do your own due diligence before investing or trading.
The upper chart is point and figure chart The lower chart is line break chart
Looks like on camarilla pivots + momentum oscillators + Trendline that we are facing some daily resistance and monthly camarilla resistance. It might be possible price gets magnet attraction to those purple pivot lines channel area before either breakout or breakdown ON THE OTHER HAND. we are at resistance and I am not seeing any VPT (volume price trend) sell...
I am looking at a 2 to 3 year typical oil cycle, and the stocks have be beaten up enough now. I like Suncor and Crescent Point Energy in Canada, but US plays also beginning to look oversold as well.
Marico Trading Near Long time Support, Wait for Clear breakout Long move after breakout. Bull Don't trade bollow average line. Up Move Possibility high.
Long term view . ETHEREUM.BITCOIN. LITECOIN. Three major cap crypto assets: accumulation structures complete. It’s time to zoom out and focus on the big picture . All the major caps have finally confirmed their accumulation structures. Let’s review the price history of the last two years in the crypto ecosystem. The first signs of institutional value buying...
Bitcoin diamond suffered badly during the correctionphase of the market. Having an ATH of 148 USD this coin has the highest potential among the top 50 coins. This is not a coin to hold. It should be sold when "enough" profit is made. The charttechnic used is an invention of me . I call it focal point regression method (FPRM). I believe that it is more usefull...
Model projects major peak like Oct 4 2018 occuring at end of January 2019 ( eue.tu.ub). Earnings predictor model completed Jan 29th using monthly data to sync with daily models.
Dropped GBTC data into my 60 minute model to determine optimal buy point ( eue.tu,ub). My model essentially trends momentum to hopefully determine optimal buy point (like my current optimal buy date of Jan 24 2019 for IMGN). brschultz aka markettimer777
I entered GDX & SLV data into my models today (eue-te.wb) and found that both daily models suggest that Christmas 2020 will be the next optimal buy point for the precious metals & miners. brschultz aka markettimer777
My 2nd presentation on youtube (on Dec 11) when i shorted TSLA at about $360 - the momentum model suggests optimal buy point for TSLA will be March 2020. Thus they have the highest opportunity to go bankrupt into March 2020. If they survive this next 12-15 months then it will be time to buy... momentum trends to 2020... a long time away.