DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, ISHARES MSCI EMERGING INDEX FUND, ADVANCED MICRO DEVICES, INC., SPDR S&P 500, PROGREEN US, INC., SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
This chart looks at the trend all the way back from the great depression in 1930's.
Now I've put arrows where the resistance and support levels are and marked the RSI divergence similarities between all the recent market topping patterns beginning from 1987 then 2000 then 2008 and now in 2018.
The 2000 market topping was extremely prolonged but the divergence is ...
Oil keeps evading my entries. When in doubt try again.
Last idea got stopped out, so let's try this again.
Oil is severily oversold, the news on the fundamental side is also fairly negative. Seems like a ripe opportunity for a bounce. Yet I don't believe oil will be going any higher than the expected bounce anytime soon.
Setting up short orders at 0.576 with a very tight stop, potential quick retrace to 0.38. A trade with a risk reward of 83 to 1 if initiated.
On the chart above I've displayed what IMHO are the odds that price will the reach the specified median lines.
There's a strong uptrend support at the 50% line. The range below 50% line has been consolidated troughout 2014-2017. The range above the 50% line has yet to be consolidated.
Also this bull market extended the price range by 2 levels, coincidently the ...
Been waiting for this moment so long. Finally reached the meadian line. Buying with a stop below somewhere this line. I'll update later.
But for this correction to be fully over i'd be more comfortable for the price to break below this line somewhat
Refer to chart. Haven't aqquired the target to end short. Will post soon
Refer to chart. All I have to say this is a high probability event.
One could start opening short positions here. Personally I'm waiting for around 76-77ish. Correction could go to high 50's low 60's. The resistance zone is encircled in the orange bubbles
Chart says it all
Hey everyone. Bitcoin price action is telling me we could still reach up to around 10.5 k on this bounce. But it could be subdued now (not likely) or somewhere midway at around 9.6k.
Anyhow the downtrend channel is established and I can't see any way for the bearmarket to be over until we breakout from the last high downtrend line. Which at this time is at around ...
Short term trade idea. I have sell order setup at 420. I don't think it's getting filled but just in case my stop is around 423. Sure thing stop should be around 426
Many of you may have heard of a mystery buyer that added 400 million worth of BTC at the last dip in february. Well he's at it again. Adding 15k bitcoin to his wallet over the past 3 days...
Wallet address: 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
You can check it up blockchain.info
Exactly opposite of what's happening with the Dollar. Gold is clinging to it's downtrend channel upper slopes. Fighting the dollar on every move. This has been very exhaustive for both assets. Yet the technicals are in the dollars camp for now. Gold should give us one last buying opportunity.
Dollar is really trying to stay upfloat and breakout it's resistance zone (The blue line). It may well happen for a while, since on the weekly charts it's oversold, and still has room to go on the daily. But at the end of the day I have little doubt that the bigger trend remains bearish.
One more washout is plausible that would take BTC to around 6k. Either way a significant bounce to the upside is looming around very close.
Had this level in my targets for a while. Buying here for a potential short term bounce to 13-14k