This has been a very difficult flag one which has waiting until the last possible second to do a bullish fakeout and then also a bearish fakeout. Seeing as how we are at the end of the apex I'm guessing it will be quite difficult for it to do yet another fakeout downward...also futures have expired today so there's no real reason for whales to push it down...the...
TSLA jumped up at an incredible rate. 12% in just a few days of trading.
This is quite outstanding if we factor in the fact that the company fired quite some people to keep up with costs and the fact that it never hit a profit in its entire lifespan.
Now, this is definitely a puzzling company for me. I find it crazy that a company with such financials is still...
Something to be aware of. I have mentioned a potential inverted cup and handle awhile back maybe 3-5 ideas back...well with the latest drops we broke under that inv c&h's rimline which triggered a steeper fall. This is an incredibly deep cup and if it were to reach 100% of its projected target it could send us all the way to 4-.4.1k We have seen many normal cup...
Price has reached a Daily and Weekly Demand Zone. With a bit of over-extension showing, I'm expecting price to pull back into the 1.2700 area where there is a 4hr supply zone. A triple bottom has also formed on the 4hr.
A clear triple top. It will most probably decrease to Target Profit #1, if it does there is a chance it can even decrease to profit target #2. In fact you can see it rise extremely quick on the 1st top, doing so means it will also reverse extremely quick. Be ready.
Bitcoin: BTCUSD One quiet Saturday playing Bitcoin V Mon-Fri 9-5 job. Do the math.
Whilst above 7717 key near term support the bulls are still in charge here. The opening in China will likely drive price down
but it should hold up off the lower parallel and down to 7717. Touches here are buying opportunities with stops under 7000
line and if they produce pin...
- Price found support on the round number resistance 3x
- The fourth touch ended with two dojis(indecision)
- A triple formed with the doji’s (round number, trend line from ascending triangle, fib support)
- On the other side you have an HS formation with proper backup from the ema crossing
- would wait for a signal bar to enter
Lets combine Elliot Wave and technival analysis. According to D1 chart price is bouncing from a long term S/R and neckline (triple top):
We see also a previous WXY structure already completed.
Here on H4 chart:
- 0.61 fib retracement
- first convergence
- trendline (channel) broken and retested
- H1 expanded flat
Thats all, entry point and targets are shown on...
Watching for both Buying and Selling Opportunities
Triple Top Pattern Completion. Price may be rejected or break through price 49.43.
Buying IF
Wait for Break Out for trend Line and Retracement back to S/R Line (price 49.43)
Selling IF
Rejected by trendline and S/R Line (price 49.43)
We are moving in a latera way, price hit an important lvl and we can expect a long way. But stay calm because we don't know if there will be an up trend or not, and we don't know if the price will go down or not. Small position. We use what we see and we see an important lvl, and the price touching it, we are in oversold and the previous time it went in oversold...
My Long term view on this cable is buy. We are currently in a good place to look for buys.
Bullish Scenario:
Triple Cycle with Bullish divergence formed followed by False break.
Until the last low holds we can expect the price to move up as the break below 1.2630 level was powerfully rejected.
Bearish Scenario:
I will be keeping an eye on the Daily...
Triple bottom marked (three orange ticks) combined with GAPS (black parallel lines) above psychological level created very solid support. In my opinion it is good idea to wait for the pair to go close to the 0.0020000. I would look for 0.0062000 area as the good TP but there is a chance that 0.0050000 will most likely bring some interesting price action.
I...
This is zoomed idea which revealed three soldiers formation triple bottom and 7500 level which stopped all attempts to go lower.
Losses were stopped by strong support mentioned in previous Idea, at 7500 which also created irregular head and shoulders pattern or triple bottom. This configuration of signals combined with three soldiers pattern on 4H chart makes...
