'They say' when blood is on the streets, that's the time to get involved. I'm not advising. BTC is at a critical point. Investors could weigh in. There is yet another kill zone on the charts.
today is looking pretty ripe for potentially high volatility. While a downside makes more intuitive sense, there's little reasoning to back up the play other than a good risk to reward ratio and a sustained long term structure. Play safe!
Today, I go over the relevant trend defining pivots and the new targets that would appear if they were broken. There's high potential energy and an upward weighting for trend direction, all and all it's a fantastic chart!
We have a tradable trend for you and your friends, scooping swing lows highly depends, on your liquid capital and future dividends. have fun.
A decent compressionary range has broken with comprehensive net expansion to the upside! we should at least see a short pop upward.
Market gapped up on G20 news and we finally got to (and past) the 2950 area we were talking about from last week. This is why patience is important because the market doesn't care about your timeframe, but it was easy to get out of the long last week and if you did, you would have missed the move higher. That said, I only caught a portion of it because I was not...
I explain why this is shortable - in a particular methodology. This is not a recommendation to short. If you short and lose your money kindly sue yourself. I explain the risks. No risk - no gain. End off. Your stop-losses must be affordable.
'Everybody' - well nearly everybody - has forgotten about Silver. Warren Buffet hasn't. Look, why are the big boys always ahead of the rest of the markets? Think! In the screencast, I show how Silver is apparently itching for a breakout - in a similar way to Gold. If Gold pops above 1400 and stays above, expect big moves on Silver. There are only three kinds...
DJI is in a downward trend on the 1D time frame. But the trend south is not with great price momentum. It could be a slow burn down.
I talk about the single most important thing that caused me to fail as a trader for a long time.
Breaking the 61.8% Fibonacci level to the downside as bears gain some near-term trend strength. Hope this helps! FiboSwanny
While everyone might be drawing a flag, here are the volatility theory pivots of that flag.
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Fibonacci patterns of support are holding this market as a bullish pattern. The internal momentum is weak and not being applied to any direction, so I am watching the near-term support and resistance i laid out on the chart as points of interest moving forward. Happy Trading!
Today I go over some advanced mass readings and define some excellent ways BTC has been faking us out these past few weeks. The readings I'm getting make for some choppy trading, I am more inclined to take smaller position sizes until trend clearly defines itself.