Here we have 3 Wolfe Wave's(WW)
WW #1 - In the grey dotted line. This WW is near it's target at #1 Geo Off-Set Rule at point 4. The Geo Off-Set Rule here plays a role in the next 2 WW's.
WW #2 - In blue dashed lines. This WW is internal to both the first and third(in purple) WW's. The Geo Off-Set Rule in the first WW act's as a point of reversal...
Ron Paul Signals for an Economic Collapse: youtu.be
"The probability of a major dollar crisis is very high. Things are mirroring the conditions that existed in 2008 except much worse. Russia and China have stopped buying treasuries and are now bypassing the Petrodollar and buying oil directly from the Middle East. China has started their own...
We all know what is inevitable to happen. Its pretty damn clear whats going on now. Now Bitcoin retraces slowly upwards to last important resistance level to $435 /CNY 2800/ or slightly above it.
We mustnot forget that huge and obvious divergence between price and RSI which causes price to come down so as a result price / probably on /January 1st when traders...
Okay so far ive looked at a few Resistances and Supports made in the Day charts
the Black line is the resistance/support made from the day chart,
while the Turquoise line is the resistance made from the double top within the channel.
What I am suggesting is a buy at the 0.7258 - 0.7300 range where it meets the up trend channel.
if it doesnt meet the trend...
If you´ve been following me the euro have been very good to us this past weeks with 3 winning trades and 1 loss. For monday i´ve got a Bullish Cypher pattern if price heads south to but it up at strong Support.
If price heads north we are gonna sell it at the blue Bat pattern at a lesser, but still good reistance area, but compared to the Cypher this pattern got...
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily.
I'm basing this trade based off of that momentum and on a simple trend-contination setup.
As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links)
Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days.
Expected price target for this play is 130.90
SUPPORT level of 1057
STOP LOSS 1067
Stock is trading in a range and line will lead to downside movement. Stock is trading near the 50 DMA with negative bias.
RSI is trading near to 49.60 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is...