Ascending triangle on the daily LTCEUR. Green 2 went above a green 1 on the TD Sequential. If the breakout happens, the target is around 34. The 100 day may also be relevant at around 36. At this exact moment the 1 hour is correcting a bit. The best entry point is probably at 28,50. I would put the stop at 27,50. Best regards, Alexandre Simões
Hello, We are closing in on the 50 Month moving average. It supported the price twice in history. We never had a candle close below it. The RSI is at the lowest level in history. The way I see it, we have to get a bit under the 50 Month, maybe get a red 9 on the weekly (we are closing with a red 5 this week), and then bounce strongly. If we don't.. there isn't...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Hello, The green 1 on the TD sequential setup phase looked promising when it went above the green 9, indicating that we could accelerate the 13 countdown phase to the upside. Unfortunately, this candle was also a perfect gravestone doji. Candle shape overrides TD sequential. We are still above the cloud, however, the baseline of the ichimoku crossed the...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Hello, We are above the cloud with the conversion line above the base line and we have a green 1 on the TD sequential setup phase. The RSI is getting close to overbought but wee still have some room to go up. We are set to go to the 200h MA, around 3700, in the next 9 hours. After that we will probably have a correction. Best regards, Alexandre Simões
Hello, The descendig triangle target has pretty much been reached. The 200 week MA seems to be supporting the price. The RSI is touching the oversold condition. I would not be surprised with a relief rally into the 128 week MA, around 5k, before resuming the drop. Best regards, Alexandre Simões
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
I'm slowly adding little bits here and there long because this could be the bottom of the congestion zone right before it goes much higher. TD Sequential completed a nice 9 count right as it completed a triangle leg so if we are going higher this is probably as good a place to get long as there will be. Stop on the chart at 3428 needs to be respected, if it does...
The 4 hour chart shows a symmetrical pattern of triangles which usually means the congestion pattern is nearing the end of its life and a breakout is coming soon. It could go either way, I am hoping it's up but if it turns out to be down I am going to be looking get out of my long and start looking at shorts. The 4 hour TD sequential count is almost to 9 and is...
Today did end sort of doji like with most of the range being wick but it didn't really have much volume to it. I'm looking for a high volume churn doji day where the bulls and bears really pour a lot of money into the markets but can't move price anywhere. That will mark where there is real conviction and the bears are in danger of entering positions where their...
The market is dropping. All my previous ideas (SPY, IWM, DIA, .....) have been featuring this drop. However, BAC has a quite different chart compared to those so I guess I will post this one for reference, since we are having a big j confirmation red candle today. I think we are on wave 5 down. the target is the red box. I will look for a finished setup 9 and...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1...
Hello, Cup and handle on LTCEUR daily chart. RSI is trending up. TD Sequential is on a green 4 of the 9 setup phase. It's a bullish scenario but i would wait for the confirmation of the breakout close to 32 eur. Best regards, Alexandre Simões
Hello, Ascending triangle on the daily. If we get the breakout, the statistic target is around 5k. Best regards, Alexandre Simões