DecisionDoji

DecisionDoji

For more than 2 years I followed the price action of DB stock and it has taught me a lot. About the market, the psychology but also about myself. The this my final chart about this journey. I don't know if the stocks is just on a technical retracement or for a rally to new ATH but I don't care, I well positioned for the years to come now. Take care and good...

DecisionDoji

XRP is one of the fastest asset out there. With a lot of contreversy. if I were to put my feelings aside and simply look at the chart, this is what I see: Buckle up because this can go fast and this can go big.

DecisionDoji Updated 

I been following the bounce peacefully these past weeks. But now something is up. A head and shoulders pattern form on the 4h and It is on the verge of completion. If true it may be the beginning of a correction. Target (2636) Stop loss if the price goes back above the right shoulder (2942). We can see impulsive waves on the way down meaning that the...

DecisionDoji Updated 

Everyone is well aware that the current state of the world economy is dire. In my previous analysis I was following the price of WTI and USOIL (link below) but due to the MAY contract debacle the charts are now trash. So, now to monitor the advancement of the recovery I will now use the Energy sector ETF XLE. It will not be a leading indicator as a...

DecisionDoji Updated 

It is said that the market is always right. What the market is telling us right now is to sell real to buy euro. Let’s analyze the chart. First and foremost, the pattern : A Cup and Handle That broke out last week. The price is above all EMAs and all my indicators are favoring the upside. Meaning of a strong devaluation of the real against the EURO. With new...

DecisionDoji Updated 

"The majority is always wrong" One of the core principles in technical analysis. Looking at what the crowd is thinking then engineering a counter trade. The current market sentiment right now is that a recession is coming, and one should be buying gold and hold on to it because the price is set to go higher. And so, everyone is doing that, sadly for every buyer...

DecisionDoji Updated 

Cryptocurrency is a wild market. During the recent rally I was monitoring the price, waiting with cash on the side line to "buy the dip" and like always the dip never came. Instead I now identifie what can be said to be a parabola. Meaning that buyers becomes more and more impatient and cocky. I speculate that like all parabola it will end in an extrême price...

DecisionDoji Updated 

I'm monitoring crude oil price decline for several days now. I think that it is now ready for a counter trend rally. At least that is what my indicators are telling me. Stochastic is turning up after a couple time in the lower region. RSI forming a daily bullish divergence . A very nice double bottom formation. For now only lower highs and lower lows can...

DecisionDoji

I'm not a fractale guy but it is always nice to see that the market can make things look divine every now and then. I would not expect the same outcome (on a smaller timeframe) but it is still a double bottom patter waiting for confirmation. A "M" that change into a "W". Bears losing control in favor of bulls. everything above 0.02040 is bullish. The first...

DecisionDoji Updated 

The chart speaks for itself. I expect higher prices in the future meaning negatives yields... Learn more about the Wyckoff Method : school.stockcharts.com As time goes by, I will keep you updated on the evolution of the chart, so make sure to follow me on Tradingview Disclaimer : This is not financial advice as I’m not a financial adviser. This is just my...

DecisionDoji Updated 

A lot can be said from the chart but this is just an update. Made a Thursday, not the most important trading day of the week. Friday will guide weekly close. Stochastic print a slight bullish div + crossing up from the lower region. RSI making a reversal patern should now trend upward. weekly close still at play. cutesy reversing diamond. Lower timeframe...

DecisionDoji Updated 

One thing is certain: prices do not rise forever. Every rally eventually meets an end and every wave up is follow by a corrective wave down. Gold is on the rise since AUG 2018 Now several things can be said by looking at the chart: First the volume is quite high… in fact at all time high while the candle close at the lower ends of its body follow by a large...

DecisionDoji

Currently there are several bitcoin’s fork battling for the title of true Bitcoin, Bitcoin cash SV is one of them. I do not favor either of them but this analysis has been requested to me so I will give my take on it. It is true that this altcoin can be traded, and I trade the chart not my opinion. What I can say on the first glance at the chart is that the price...

DecisionDoji Updated 

No need to lookout for the smart money, I they are all gone. All that is left are the dumb and greedy people. That is the common assumption. Everybody wonder “what drive the market ?” Some says it's the news, some says Supply and Demand. I think it’s technical. Today was a solid -3% red day. Scary panic sell day or buy the dip day ? let’s chart this out. One...

DecisionDoji

One random stranger on internet (John Polomny) said that uranium commodity price is ready to begin a new cycle I agree. Those of you that follow me knows that I like to buy things low to sell them high. I can’t speak for the spot price but today I will give my view on the Uranium ETF from CBOE. This particular ETF is in a monthly downtrend since 2011 which...

DecisionDoji Updated 

Every good thing must come to an end. Bitcoin is trending up since December 2019 in what now most definitely look like a rising wedge. The previous trend was Down from 14k high so I will be very cautious about the direction of the breakout off the pattern. Depending on direction of the breakout it can be either indicative of a new uptrend or in most case a...

DecisionDoji

As the days go by more and more alts are pumping so people are rushing to Binance again and again they are pumping #BNB price. Good times may follow. BNB was hot in 2019 and thereafter a correction enters a new round of pumping. The 100-week EMA provided support and now the price has closed above the 20-week EMA. The divergence was clear both on RSI and...

DecisionDoji Updated 

I’m not very familiar with this coin and his fundamentals so I will keep it technical. The price is now venturing above the last swing high. Both Stochastic and RSI are indicating an upward momentum. The price is now testing the 200-day EMA. If it breaks, the respiration can be felt till the last known resistance line (2.049$). After a tight consolidation,...