In this shorter screencast I give three reasons why I come to an opinion that Bitcoin may surprise. This is not encouragement for traders to take long positions. Whatever traders do, please ensure that stoplosses are truly acceptable. No gambling please.
A large bearish pinbar is currently forming off of a key resistance level. Keep in mind that there are a few hours left in the market so this pattern will not be confirmed until it has fully formed as a bearish pinbar and today's candle has officially closed. If the candle does close the day as a bearish pinbar then we could see price rotate lower over the next...
This a follow-up to the GE idea about the downtrend it started on May '17 through May '18. GE just broke down another support level at $12.60 after failing to even test the $14 mark. Right now the support break tells us that the stock is still weak, but it is still a little early to call it a bankruptcy confirmation. The stock is weak and would not be a great idea...
Weekly update on the major US equity markets using the S&P500 futures index.
Stay tuned! There should be more to come
Disclaimer:
The information of this post is ”general advice only” and does not take individual circumstances into account so do not trade or speculate based solely on the information provided. By viewing this video you fully accept and agree...
Bitcoin is looking pretty bearish. I give my thoughts in the video. Let me know if I should continue these vids or just stick to regular charts. Still getting used to talking on video
Wow, just recorded XRP intrabar action on the 1m as it experienced tremendous volatility. Wild time to be involved with XRP.
When we break the resistance we're dancing around now, it's off to the races.
Ok, so this post might seem ridiculous, but hear me out. We've seen this repeatable pattern of breaking resistance, extreme growth, and then a following consolidation and new resistance formed many times now, and it's conceivable that when we break resistance this time around, we'll see another period of extreme growth followed by consolidation and new...
As the nine month range gets tighter, price is positioned for a move soon.
Prepare a trading plan before the move happens.
<6000? --> likely quick path ~4k
>7200? --> likely quick path to previous local highs, 8.4k, 10k, 11.4k
From the bullish price action I discussed yesterday, price pushed significantly higher very quickly. Price pushed into the key resistance zone of 1205-1215 last night and this morning broke above, reaching as high as 1218. This 1205-1215 zone was a critical zone to hold as it is a major road block to gold putting in a real bottom. Unfortunately for the bulls,...
DrGraph points out more on the use of Local Maximum / Local Minimum and C75 / C25 tools in Forex Insight Pro 3 to tell the time of price recovery from all-time-high correction in a SET:IVL monthly graph.
In this clip, DrGraph shows you how to use Forex Insight Pro 3 for TradingView with a monthly graph of a Thai stock SET:IVL to see stories you need to know from its IPO about 7 years ago up until now. The tools tells the time investors should have sold this stock when It reached the all-time-high and should have bought it again two years ago before it recover to...
This clip shares how to use yesterdays high level as a key resistance in M15 time frame of EURUSD graph. Double Tops or M pattern often form at yesterdays's high level.
This video show how to look for the trend from a big picture chart in EURUSD H4. Then go into more details to the use of middle Bollinger(20,2) band to determine the smaller trend. A resistance level generated by CC-5 counting has been shown as a resistance level for the price to bounce downward.
