Closed above 50 daily. Let's see if it holds. If a solid break of pattern is achieved, go long.
Breaking through the long term trending support recently, EURUSD is looking bearish on most EUR pairs with MACD confirmed and MA crossing. Looking for further sell off on the 1hr chart
EOS hit my downtrend line and where did it find itself-----REJECTED!!!! Now we have two levels for a bounce i.e. the below-mentioned trendlines. 3 methods to trade this- 1) Risky trade- Long as soon as it touches the first trendline. It may not go lower. 2) Low-Risk Trade- Wait for it to touch the second trendline because I am 100% confident we will see some...
An inverted ascending scallop has formed on the 4H chart for twitter, this provides a nice double bottom formation once complete, and potential long entry point along the falling wedge downtrend line. Weak regression trend is present, normally should only include these if they are strong regression trends however it suited well in this situation.
Hey all, here’s another entry on my tradingview series called 'Quick Updates'. We can see a nice opportunity here for a quick scalp after EUR JPY has hit the horizontal support zone for the fifth time. The price has confirmed a rejection and looks to be in a temporary uptrend now. I suggest to put the take profit directly under the support/resistance flip...
Twitter, becoming a leader in World News, Sports, Gossip, Entertainment, Politics... This virus is pushing everyone searching for answers from -death, school shutdown, forced curfew, hospital updates, and more. I have a $60 Target based on the AD , this is a long term hold me off of C wave, where I'm looking to buy the dip
Twitter is making lower highs in weekly charts with high momentum on RSI which is hidden bearish trend continuation. But there is lots of volume in price between $16 - $18 range with support. I do see a Bullish Gartley Pattern developed with a bounce off the .786 / 1.272 ext. With the overall market being bearish I would be surprised if this plays out. I'm long...
this may be a big play tomorrow if we get a reversal and turn red, these weekly 20p should open around .2 if twtr is at 26. 26.3 is my threshold for it to bounce before heading back down, these contracts are volatile and will MOVE. There is alot of call volume atm so ill be watching for a influx of puts to signal entry, below 26.3 and spy turning around and this...
I imagine the ceiling to be at the 9.5k range. I will be longing to 9.5, there seems to be a bullish ascending triangle forming in the most recent few candles as well. ONE THING that might bode badly for the price is CZ's (Binance CEO) bullish tweet about the BTCUSD price. Last time he has tweeted in a bullish manner, the price fell ~50%. Stay safe. We're all...
This company is massively overvalued. Growth numbers have been in decline for a while. (With only moderate growth the past two years.) A large portion of the user base is bots. (Could be as much as 50-80%) Chaos and lack of leadership. Major problems with online abuse; infact a culture that thrives on and encourages it. This company has been getting a free ride...
Firstly - none of the information posted by me should be treated as financial advice - it can only be taken as an observation of an individual who tries to understand market mechanics for a good few years now. On a daily basis, I work in the engineering sector which requires a high level of specialization - trading is not my primary, but only an additional source...
For those who have followed my ideas over the past several months at-least, know that I remained bullish not only in the entire stock market on a broad basis, but US Tech was one of my top picks for continued growth which has deemed correct. I went on to say that 2020 will be a better year from peak to peak growth over the broader markets than 2019 which for now,...