VPOC = volume point of control. The trading range occurring mid-November 2018 shows a tremendous amount of volume being traded. It stands to hold that this will be a point of control and subsequently an area of resistance. looking to test at least previous lows where a lot of volume was traded as well and will look for strong price support in this region. It...
cup and handle rolling over just like aphria detailed. Lots of turtle soup in the market these days
Common pattern failure in bear market. Looking short
despite oil production cuts, supply still flooding the market as shown with the increase in oil tanker fees and decreasing price of oil. Not to mention the shift in demand from oil products to more eco friendly alternatives. Sentiment shift is decreasing demand. Coupled with increasing supply, fall in oil prices is imminent.
Looking for either support around this level and a continuation of the short term uptrend or a breakdown and a continuation of the midterm downtrend that saw oil drop from 70$ a barrel to sub 50$. Ascending broadening wedge patterns usually have a bearish bias if taking the previous drop into consideration.
BBD long closed at 2.70. Now looking to short back to resistance at 1.6
String of lower highs and higher lows. Looking to go back down short term to stay within the narrowing range. Break up would show high confidence in bonds, low confidence in stocks. Breakdown shows high confidence in bond and low confidence in stocks. Essentially Breakdown, Short the Indexes (ndx,spx,dji). Break out, long indexes
Trade the outcome. Use as a market indicator for altcoin trades listed earlier
Trash coin but money is money. Risks are high. set good stop losses.
This will most likely grind higher due to the apparent impulsiveness of the market and the inherent nature and strength of the concept of momentum in the crypto markets.
As it is known that bond prices are inversely proportional to their respective yield, a decrease in yield means an increase in the price of the bond. Right now we are seeing a continuous decrease in the 30-year bond yield (same goes for the 10-year bond yield_) even the indexes and the global markets as a whole have been going up. This means that bond prices are...
Short the yield, long on the price of bonds, Short the global markets.
short term time frames still trending up albeit on very low volumes showing a very low supply (or demand?). With a short interest hovering around 25%, there is still a possibility for another short squeeze considering how much the short interest has grown. Further increase in the price will force shorters to cover on what they thought was full proof short. Until...
Would be so beautiful if this parabola were to playout. The daily fits it perfectly so far. We will see if this rally extends further, or simply corrects. a sharp correction would be bullish. However if we were to slowdown completely and go flat with very low volatility, could be bad and would signal a complete loss of momentum which is what is largely driving ...
short term HS formation with strong selling. Looking from break from the range before entering a trade
Chances are still strong for this pattern to be a continuation of the overall downtrend
Btc Next big move is iminent. The order book is getting stacked. Looking for the next bout of volatility anytime now
One gravestone and one long legged doji. Todays candle close will provide crucial insight into future price action. A strong move higher today would be very good for bulls, the opposite can also be said as a red candlw would most likely confirm a reversal and would increase odds to the downside. As per usual, the latest correction stint has made a strong case for...