ALL EYES ON POSSIBLE SHTF SCENARIO *IF* NORTH KOREA TESTS NUKE SAT APRIL 15 Global Stock markets might crash 3-10% Monday 4/17 *But money could flow in to Bitcoin, which would mean Alts would dump. GLUED to screen, news. Whew. More like dashing through the shit show. I hate war. Peace to all.
A weekly close below 2.3% would open up downside towards 2.0% (target as per measured height method)
Although these last few trading days of UJ have been a bit turbulent to say the least (especially for those of us currently short) there is a little light at the end of the tunnel - this is for sure a counter trend trade, so I wouldnt really be looking to short, if I hadnt already jumped in it ;) We are currently (as of Sunday evening) sitting at the 61.8%...
Confluence: -Weekly Support being respected (1.30000) -Broke A Downtrend Line and retested it -Previous zone has yet to be retested (1.33000 - 1.3165 on the 1HR Chart) -Higher high candlestick close after retesting the breakout (1HR Chart)
Simple Moving Average strategy for USO - United States Oil Fund. This strategy can be used on stocks and currencies but will need to tweak frequency on chart and backtest Max Draw Down to Net Profit ratios for maximum dollar gains.
Rising wedge highlighted in purple & potential C point of a Cypher. I would sell at the $1,400 level and not wait for the trend line break. Hopefully it will work its way down to $1,140
After these curves movements we tend to see structural movements at the top. I expect a move down to the support level indicated by the horizontal line.
Selling at 0.74400 which will be point E of the Expanding Wedge and the D point of the ALT Bat. Even if the wave count is one wave off, E would still be D and fall to around 0.71600 before making E and flying right back up. No doubt selling at the 0.74400 level. Please like & follow! Thanks!
We will wait for a little pullback to the 1.40 level and buy from there. This pair is ALL BULLS.
A very simple and quick analysis of AAPL stock. As usual there is not much reason to be bearish on AAPL (Apple) stock, with the release of its new products and a game changing new watch, there are no major fundamental signs or technical indications of a fall in price. After the usual post announcement pull-back and consolidation that seems to affect Apple, we...