I warned you that there will be a storm $AUDUSD remains bearish while below falling TL. But pair could rise to touch this line. Friends do not forget to Like
Stock market is not out of the wood yet! VIX future contract is still pretty bullish and suggest big guns are looking forward for more turbulence in October!
Hello traders! What a day and week we have so far. With China effecting our markets, we've been on a crazy roller coaster, but we may be reaching the top! In my chart, I'm trying to address some structure that could effect the long term direction of this pair. The first green line, below the other green line is the top part of a tunnel that the pair...
When there is THIS many factors all coming together for a perfect storm of evidence for a SELL, it just CAN'T BE IGNORED! Let me list the ways: 1. COMPLETED Bearish Bat (purple) 2. Prices are now within the PRZ of a COMPLETED Bearish Butterfly (yellow) 3. Prices are within earshot of completing ANOTHER Bearish Bat (blue) 4. Very near to completing a POTENTIAL...
DOWT transports, top November 2014 S&P: top May 18, 2015 DOWI Industrials, top May 19, 2015 IWM: top June 23, 2015 and finally, what we were waiting for, Nasdaq 100, top July 20, 2015. Notable, the IWM broke the 200 day ma and now is testing back, only to hit resistance of the TL of its pitch fork, saying smalls caps are no help here. So what will support...
This volatility is not only at lower Time Frame (TF) levels but also at higher TF levels, which means that we have "EXTREME VOLATILITY". Why is it so? Even reading comments in this website, I see so many contradicting opinions coming from many people at the same time. No one knows exactly what to do it seems. There is greed and fear ruling the traders. Some of...
Hi guys, this week was incredible. We broke out of the down trend on Thursday and out of the newly established bull trend on Friday...I am struggling in predicting our next move as the pattern I have drawn seems to be bearish, however, the triangle is showing a bullish attitude...Weekly candle shows a doji. What do you guys think?
It will be an interesting week. IF we see $112 in couple days, filling the gap very likely
The setup for this is for VIX to spike up 5 points. Once VIX spikes up 5 points and then falls back down by 75%, the storm has passed and the BUYERS who stepped in at those lower levels can be viewed as BIG MONEY or SMART MONEY since they were buying low in a mini-crisis. However, after VIX comes back down, the market is now a bit overbought and then the...
U see what u see. Gartley butterflies bats all there. Limit orders used as entries of these potential bad boys are prefered since they kill all the emotions durring the entry process. Fucking it up because of overthingking and feels is always bad. MY OPINION :) watch em
The next bubble while US bonds are crashing! Where do money needs to go when US bonds is no longer safe heaven? A nice Bearish Shark in spe. For whom it may be hard to grasp such a huge rise in value.... need to ask themselves. Where would you put your own money if bonds where not safe heaven? Gold or cash - If gold...you are to late ..should buy it now or it...
... for what? I have the feeling that this quiet before the storm can finally break out in a bullish move, and then we will have a new range for Oil between 61-74. Weekly: - Ichimoku setup is turning neutral, with a weak bullish Tenkan/Kijun cross. Chikou hits past candles. Price reached major bearish trendline. - The bullish momentum slow down started 5 weeks...
In fact SP500 price has not been doing anything really during last 4 weeks... quiet before the storm? Weekly: - No change in Ichimoku setup, but Price is flirting with the wedge and Tenkan Sen. - Heikin Ashi candle is bearish, haDelta/SMA3 further down, may dip below zero line.There is serious negative divergence in haDelta/SMA3 compared to price. - Supports are:...
Why Now? Bitcoin grew up in garages, surrounded early on by hackers, libertarians and anarchists looking to develop an alternative monetary system. What infrastructure that was needed beyond the core protocol was patched together mostly by hobbyists. The first use cases to get notable press were controversial and I am not sure it would of gotten press otherwise....
Our previous analysis correctly estimated an end to the 4th wave (ABC) irregular pattern, where the prices indeed turned lower and quite fast. We foresaw a drop up to 11740 levels. Currently, we are not far from this level. Current wave count indicates that we may be at the last leg of the 5th wave, which started may 5th. Will we see a down move up to 11740 on...