About meHi guys, I like learning on how markets work. I also like the idea of having money work for you while you sleep. I'm interested in the US stock market, Crypto Currencies and the USD to MXN conversion.
Quick Technical Analyses trading pair USDMXN
First Point theres a Hidden Divergence between price and the RSI (Green Lines)
This is a Bullish Trend
Second, ascending wedge is forming, another bullish pattern.
Only Bearish pattern is the the double tops, which was my first thought going into the trade. My price target for next week is 24.5 pesos if the bullish...
The 11 year Bull is not dead, it just got Sick.
Perfect cup and handle conforming my last S&P 500 bottom review.
Personally I was hoping for a slower bounce to give retail investors like myself time to accumulate more stocks at excellent prices. Even a retest of the bottom would be welcomed, but market manipulators, hedge funs and insiders move fast.
I have two scenarios forming inside a triangle
Rounding Tops at 6700 price
Double Top Forming inside a triangle
Please let me know what you guys think we can go from here. Im honestly very bearish on BTC. Given the fact that everyone is waiting on the halving for price to sky rocket. I can easily see some...
1) Constructing parallel lines between highs and lows we can create a Liner Regression Channel
2) Price fail to rally on March 27th to touch the upper parallel line
3) Instead price broke bellow lower parallel line
4) MACD conforms lower trend
I’m bearish on the short term BTC price and I’m looking to average in on lower 4000 prices.
However, this is crypto so...
I believe we may have reach a bottom. Review my Candlestick charting video and let me know what you guys think. I will look for conformation with the RSI but this may be the bottom. I'm not saying we are going to go in "v" shape up, we may go sideways for a while and retest the lows. Review and let me know your thoughts.
Points i'm trying to...
First time publishing my ideas on tradingveiw. After analyzing BAC price movements, I notice a RSI divergence forming on BAC. The divergence can be clearly seen forming. Let me know what you guys think .
Sorry for the audio.