Following the end of Australian government's benefits to reduce unemployment at some time in H2 2020, there will be higher unemployment and lower incomes overall. The result of this is that the Australian public will use small loans to get by week to week especially when work availability becomes volatile. Certain types of businesses including those in the...
Backup up by UJ Seasonality, a macroeconomic mass psychology monster held asleep by the universal mind of traders, coming to awakening and signals this with USDCHF..
I have outllined 3 scenarios. First, there is the green line where we break up out of this triangle and retest the dotted trendline. This would likely be sparked by bullish news about staking. There was this article that came out yesterday where we are finally given an estimate of staking which is rather sooner than most anticipated. thedefiant.substack.com "In...
Hi @FollowMyForex traders, Earlier this week I was reading about how managers at some hedge funds were removing their money from the markets because they just didn't know how to read the markets right now. It said, "even the big boys are getting slaughtered". Currently, we are experiencing a confused market if there ever was one. Just take a look at the current...
Then afterwards going to build a handle for north continuation of a large monthly Cup and Handle pattern? In terms of UJ Seasonality agreement I have not thought much that far ahead other than a few bold statements and idea titled 't'. Recently I predicted Oil to hit USD 160 by September 2021 and I was called crazy and laughed at. Same when I first posted my Gold...
Analyzing previous trends shows a consistent sell off during month end. Would love to hear your thoughts on the possibility of it occurring again. Expected short period 28th May to end of day 1st June Approx drop $100 - $150 Market prediction to open in June @ 2850~ * I'm not a trader, all trading carries risk
Gold looks like it will experience weakness in the near term as it enters a seasonally weak period from end of May to June and has broken below several key technical areas: - Lower bound of long-term ascending channel from mid-2018 - Lower bound of the triangle formed in mid-April - $1,725 support level Currently the price appears to be trading a newly formed...
TRADE OF THE MONTH FOR MAY 2020 Over the last 20 years, May has been the second worst month of the year for AUDUSD with an average drop of 1.5%, In April, AUDUSD has been on a meteoric rise based on hopes that the Chinese economy will fare better than the rest of the world. Since China is the main export destination for Australian products and Australia was...
What the motherfucking shit is this $SMG company?! SAME PARABOLA DIFFERENT NAME -- market is heading for a meltdown
In this idea, I will go into depth what happened exactly during the last two Bitcoin halvings. I will show you how to approach BTC trading over the coming months by looking at the perfectly matching halving fractals, telling us what we can expect in the future. -- The first halving -- The first halving event occurred on the 29th of November, 2012 at block...
Because that is what it really is when speculating on anything lower than the daily chart. BTCUSD did not break 9,800/10,000 as I expected to happen last Wednesday 3pm UTC. Taking the market readiness of Friday before the week's close there are not that many choices left for the bears then to let the crypto rally to reach that level before the market is fully in...
Market Structure: - ZC looks like forming a Ascending Triangle pattern which is not perfect, also looks like Rounding Bottom - Higher Lows shows Bulls are willing to buy at higher price - The Ascending Triangle/Rounding Bottom are sign of Accumulation phase - R1 is strong Weekly Support level since 2015 Seasonality: - Corn tends to peak at the middle of year (May...
Dip at 8,800 and going back to early 9k range. I will sell there after buying the dip
BTC shall drop to mid 8k range and huddle there for a fee days before breaking down to the 7k support before being able to test 10k again. Comment on this shiz
Been following BA for a while. Bought at $115 the other day, it’s likely to hit $150 in the coming days MAYBE. I’m sure we will see another drop incoming in the low 100’s range. Like this crap so I can gain this retarded reputation points...