1440 perspective of monthly and weekly waves and levels with the 1440 season overlay from ~ halves~ from march ~ march :P
It hasn't lost it's momentum. Minor pullback with long rejection wick and.. it's August, UJ Seasonality agrees.
I am seeing a potential big retracement move up in $USDJPY which is highly correlated to the Nikkei index. We have a head and shoulders pattern forming on the Month CAM R3 backtest. The measured move targets are shown.
Again, because JPY oscillation from COVID up to the opening bell seems minor. This indicates a much strong USD selling pressure than JPY buying pressure and may change as we near the end of USD devaluation in a few weeks/months from now. My latest estimate is the end of this year but I would not be surprised if it stretches into next year and perhaps takes along...
The alignment of bitcoin behavior with the global price of gold over the past few days suggests that banks should consider bitcoin a capital, not just a valuable commodity.
UJ Seasonality signalling at the max, August, traditionally the month, BTCUSD hits diagonal trendline, YFIUSD ( Yearn.finance ) hits trendline. Random selected btw. 7d performance 28.9% ) Weekend drop signals buying pressure even tough consumed by large selling speculator.
Following up on previous idea with Oil on a hyperinflation journey, here is another strong signal. With stock markets picking up watch this commodity this month for some interesting upside action imho. August, the month of the UJ Seasonality opening bell..
I don't expect much out of this dollar rally. I went short EURUSD starting the next day after the FOMC statement and continued to short through Friday. When the dollar has big selloffs into an FOMC date, usually there is a rebound shortly after. I expect that we continue to drop into December after this backtest occurs. We seem to be repeating the 2008-2009 DXY...
Will it follow the rest of Tech stocks and break its ALL TIME HIGH Price? Linked with Apple Inc., we could see INARI break it? With Apple released it earnings and it turned to out to be good and new iPhone is coming out soon + Technical wise as it managed to break 52-Week-High on 30th July 2020, fasten your seat belt as it will march on to its ALL-TIME-HIGH...
Looking to see CRON run higher towards November, when more states may legalize.
The Trump Administration is signing a Letter of Interest supporting a deal to transform Kodak into a pharmaceutical company that can help produce essential medicines in the United States. - Source: White House
Don't think NJ will work it way through 70 JPY/NZD and bounce of north side to continue its strong rally, leaving behind another higher high confirming this strength and not much more than a daily wick below this level. UJ Seasonality agreement
This post will highlight Bitcoin's long term price action to the Wyckoff Distribution schematic. At the end I will establish numerous trading opportunities to prepare fro the dump... Before I explain the near-perfect similarities to Wyckoff Distribution, click the link below to see an image of the phases of Wyckoff Distribution. View this image and then Bitcoin...
This is a short term short due to earnings coming up. Best to be in and out of the trade before then. It is unlikely to be positive, due the demand for the product being lower due to the global environment, but best to be in and out. The daily chart is showing positive, where as the weekly is showing negative. Targets: Target 1: 43.00 Target 2: 42.25 Target 3:...
Based off the break down of DXY from recent highs of March 2020 and projected eoy low, this miner should benefit greatly from higher btc prices.
Everyone knows platinum is the superior metal to Gold, it's rarer and a lot less of its supply has been mined. However the price hasn't reflected this for a while now which could be due to a few factors such as less demand for industrial use as well as investment and not to mention the world wide pandemic. Below I've quoted some interesting facts from a report by...