The Fat Lady will sing the Black Swan Dive. It is coming. Do not be fooled. Watch the volume fade on this summertime pump.
When the real bull market returns, volume will INCREASE with increasing price. Not like this, bull trap about to snap shut on MOMO crowd.
Every bear market for 200 years has done this. Massive 50% retracement rally on low volume, "It's over!...
With a simple trading set-up identified in the 1-hour timeframe, I am going to recommend selling the Aussie this week. In this regard, a key level at the 90.000 area and the bearish trendline identified on the 1-H timeframe shall be our guide going into the new week as we continue to look for a reversal set-up to join the potential decline. shall be
Risk...
XMRBTC lost the weekly support after the price retest 0.382 fibonacci retracement.
IF the price will lose the current daily support and flip into resistance, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure ->...
Morning folks
On this chart we see a cypher pattern. Cypher is a retracement pattern and therefor I am looking for a hidden divergence (price lower lows - oscillator higher highs)
Good luck to all trading gold
I thought this chart was worth a post of its own. A Fibonacci retracement pattern is confirmed by a hidden divergence and a bearish reaction around the completion area of the Gartley pattern now followed by a regular bearish divergence on the chart.
Good luck to all trading AUD/USD
