Self explanatory with the simplest tool ever created (Fibo)
Yo Traders its that time again i have being observing this pair for a while now and this is my ideal lets watch it play out together.
Now we are in a thick moving sand. We need to drop much further to find solid land. A way of looking at the clouds is as if they are mud. We are dropping as if we are very big, heavy and slow. I have drawn some possible support levels. The upper 3 are taken from the DJI/M2SL ratio, and the bottom one is taken after we scale appropriately the GFC. We need to mind...
I think this is official now, Price looks to be making a bullish crab with these next 2 months or so looking BRUTAL for stocks.. you already know what this means for BTC :) gl!
Last week I thought that US30 will retrace, this was not the case and went down. My long term bias is very very bearish on US30, but short-term bias is not so bearish. I still think, we will see a retracement. New month is starting and normally at the beginning of the month the assets retrace a bit. Comparison From this chart we can see, there is no SMT...
I think by now everyone is expecting a major a major sell off. Here I have calculated the first leg of the dump and the third leg. Price targets are based in the Lord Skin’s formula. Not financial advice. Also, smaller manipulations are anticipated to shake off the retail bears. I’ll provide further updates of sell zones.
after a break with force of a strong support we will see a drop in the price
Will test target area now Let's see what happens after that Geometric Charting GRI 2022
September is over so it's time to look at the charts from a high TF perspective. The DJI took a beating this past month, suffering greater than the S&P & Nasdaq from a technical perspective. Things to note: - on Sept 13 broke & closed below the bear flag channel for first time since it formed off the June low - set a LOWER low on Sept 23rd - closed the monthly...
DIA stock and US30 forex are both same DJIA charts. We think, it is bearish so good time grab profit from bearish
DJI seems to be heading to 28,300 zone . There is a support at 28,800 zone if that is breached then another 500 points decline is possible. Also a high probability that the pain would continue for 2-3 weeks more.
in order for a "Great Depression" scenario to play out everyone has to be caught on the wrong side. including some of the smartest people in the market. ie warren buffet etc
Multi Timeframe Analysis Hint: The Dollar is the strongest its been in 51 years with EURO and GBP parity. Unfortunately that's bad for the stock markets and global economy. A massive bearish institutional order block lurks at 30692. Price must revisit this zone to correct market imbalance, Medium term Bullish Narrative: 1. Bearish institutional order block at...
Dow popped early as indicated and sold of heavily into Friday.
US30 - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Short US30 Entry - 28781 Stop - 28950 Take - 28527 Our Risk - 1% Start protection of your profits from higher levels. ❤️ Please, support our work with like & comment! ❤️