Cyber MondayUp to 80% OFF

Short-term

LMAO! BULL TRAP? YEAP - BROADENING WEDGEThat's really funny. The trap is armed! A FALLING WEDGE IN A ROLLING TRIANGLE With a BROADENING WEDGE? I'm literally ready to see it! To the moon? 100k? Just a lunatic to believe that. Or rather, the same that follow the great TOP TRADINGVIEW. You are too funny. Stop spreading false specs. Look for another job. This movement is totally bass. Come on UKRAINE TRADER copy everything you can, you need to sell your signals, right? They are very rare and arise only at the end or in the final stages of a long bull market. Normally, they assume the appearance of an inverted symmetric triangle, and may also appear as ascending and descending triangles. The symmetric type consists of a series of price fluctuations, by means of a horizontal axis, with each tertiary top higher than the previous one and each tertiary fund lower than its predecessor. When we connect the tops and bottoms with two straight lines, we will see that the tops are inclined upwards, and that of the tops are inclined downwards. Unlike the triangles, whose limits are respected, in the formations of enlargement, the ascents and descents are not always interrupted in the limit of the lines, making a little difficult its tracing. The pattern also contradicts a lot in the sense that a penetration of a previous top usually indicates a resumption of the bullish trend while the breach of a previous fund commonly signals either the beginning or the continuation of a bullish trend. I AM NOT FAMOUS I DO NOT WANT YOUR MONEY I will not get you wrong
BITMEX:XBT
by f3rG0D
1
AMZN Bearish Triangle Wave + Fisher DivergenceShort opportunity in the works, indicated by bearish elliot triangle wave coupled with a bearish divergence in the 9-day fisher transform. May remain relatively flat on low volume until earnings reported on January 31st, or perhaps drop before then with the broader market on "trade tensions" and "fear of global economic slowdown". Long-term view: Amazon has a lot of debt going forward in a market (online retail) that is largely saturated. Competition with Walmart, Target and other retailers putting their foot in the E-commerce space will force Amazon to fight a tough pricing battle in many of their key segments (i.e. consumer electronics, clothing). Competition will push retail prices closer to the cost of production, which will hurt Amazon's gross profits and ultimately, keep their net margin minimized. Without increasing net profit, Amazon will find it increasingly difficult to secure low interest debt. This, coupled with stiff competition and market saturation, will threaten to greatly reduce or stagnate Amazon's growth as a retailer going forward.
NASDAQ:AMZNShort
by Derivati_Capital
2
AUDUSD 60M getting ready for a move downAUDUSD after a tremendous bout of bullish strength, price is due for a correction. Currently the price action is moving correctively to the upside, showing signs it's ready to head lower anytime soon. The move down will be a very welcomed one as I am very bullish long-term on this pair (see prior analysis). A correction lower will provide an opportunity to add to my long position. Will pay particular close attention if price makes it all the way back down to .7000 handle. If you'd like to be in the loop on even more stellar setups just like this one including how our free community took advantage of a 1,700+ PIP MOVE that was posted in advance join our Free & Friendly Telegram Channel @ t.me #PriceActionIsKing! Trade with care my friends! :)
Short
by PriceActionNation