www.tradingview.com - Toyota is lagging behind - Hybrids sales are declining - Hydrogen Sales are nor rising - Toytota is monster in size ... But Godzilla shall be defeated ;)
- Oil consuption forecats say it will reduce - Electrical vehicle and reusale energy are getting support from public and goverments - On Monthly charts theer is a fractal - Long term trend is declining - Money flow Indicator is declining
www.tradingview.com Monthly: Double bottom Monthly: in October there is a high chance to get a signal from BS indicator Weekly: RSI divergences Daily: RSI divergences Daily: seeler's capitulation Gaps: open at ~$5 and ~$7
www.tradingview.com - Markets are crashing - Expensive oile and petrol are not good for slowing economies - Strong trend line - MA 200D in the same spot - Several clear options for a STOP LOSS
www.tradingview.com Investors obsorbed the bad news and will add more to the positions.
Correction might be over. Continuation of the uptrend is more likely. Buying with Stop Loss below MA and the previous peak.
Yes, I see the trend on many ASX stocks. The are overbought and due for correction to confirm the uptrend. I am selling now to buy bacl later.
www.tradingview.com SELL with a short stop. If the trend does not reverse this week then cancell or close.
Why short? - Gold reached ATH (5y maximum) - Met huge sell volume at the top - RSI=87=oversold - the highest since Jan 2018 - Support at $1400 - mirror level - failed What to keep an eye on: - Backtesting the blue channel - Backtesting 50 RSI - Fibo 0.5 = support? - Test 1400 from the bottom - DXY(cash rate) - Iran-USA, USA-Korea talks What I will do: -...
Failin to establish Hiegher High will increse the possibility of dowtrend. I am SELLing with short STOP.
Adam & Eve have high probability to breakout upwards. - Short stop - <22.4 (5%) - Poosible gain >31 (30%)
www.tradingview.com - The price is running into MA50, MA100, MA200 intersection. - 60 is round number and strong level of resistance - 2 levels (grey line) are also strong mirror levels, turned the price around previusly Selling in 3 batches with short stop loss.
www.tradingview.com Here is BTC and RSI weekly. Classic. What we see: - RSI 53 divides bear and bull markets - RSI 51-55 trend reversal zone - RSI can stay in overbought for months when trend is up - RSI has never been in overbought zone - after sharp rise above 80, 5 out 6 cases went down to 53 reversal zone What we shall do if there are no other indicators...