DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, SPDR S&P 500, CAESARS ENTERTAINMENT CORPORATION - COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK, GROWLIFE INC.
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
As you can see from a day or so ago, BTC took a pretty nasty dive. After a roughly two week period of uncertainty (as per the orange color coding of my candles), price has broken back into bearish sentiment. Not only that, but price is very snugly sitting within the MAJOR support structure that has existed since the massive momentum of late 2017. That ...
Looks like we are completing a D wave as we speak. I await entry at the bottom (trade set up enclosed within), and then I will merely ride out wave E. I will see how price reacts afterwards before making further moves.
We have two possible set ups here (when do we not though?), and our trade will be based on whether either signal is validated.
Using the "Fibaus Noodler V6", which you can get invite access to by reaching out to user Fibonacciaustrian here (https://www.tradingview.com/u/fibonacciaustrian), as well as some structure calculation and Elliot wave analysis, price action points to general bearish sentiment. We wait for a pullback before entering our short, because that is a typical confirmation ...
I am a perpetually bearish individual until I see a reason to be considered bullish. With that in mind, I notice that XRP has ripped through a structure this week. My thought with this is that we will close below it within the next two days, meaning BTC will likely go above and promptly below as well. BTC and alts seem to be laggard complementary ...
Hi guys, I would like to start sharing some educational charts concerning price action strategies, something I feel that is often overlooked by a lot of traders on here. While a lot of indicators can be cool and give you confidence in your trades, oftentimes they are quite ambiguous in nature, leading to some questionable trades at times. Not only that, but it's ...
Buy the pullback at the neckline.
If we break below the neckline, expect a dive down.
Rejection of the structure on the hourly is a textbook trend change rejection- for now, consider us still trending down.
As I mentioned in my last chart, the failure to break the structure showed weakness as a whole. When you see such failures, it's quite indicative of a down trend. If we close below the red structure in the next 40 minutes, then we will retest 6100 again.
BTC has rejected it's resistance structure, and the daily closed just below it. I expect some downside coming soon, but of course, protect yourself in the event that we actually continue up. Remember, it's all about perspective.
Details are enclosed within the chart. Take this trade with caution, as we aren't in the most particularly appealing spot at the moment.
Possible long set up in the making. This trade set up is invalidated if we dump close below the blue structure bar.
Follow the instructions within for your trade set up.
Consider a long if this set up plays out. If we bounce off the top of our fibonacci, proceed with caution. If you miss your first entry, then take the second one.
Possible long set up in the making.
We've seen a nice little bounce off of our structure, so we may open a long where we will likely test the .618 of the previous high.
Here guys, we broke some line somewhere, so stop loss just a bit below, and take profit at the top. You can take profit along the way if you please, too. I might be off a few days, so I do apologize.