Did we get a signal on May 18, 2021? We will see it with certainty a little later, if the blue moving average line should change sides and cross the yellow circle, but for now it almost looks like it.
History of signals (yellow circles) generated so far:
26-Aug-2011 sell Bitcoin, buy Gold
19-Feb-2012 sell Gold, buy Bitcoin
16-Mar-2014 sell Bitcoin, buy...
Got some change? Do you have a Bitcoin? Be ready to gain $4.500 in just 2 hours, or else, just some 12 hours later, to lose $6.100 in just 4 hours.
It's getting absolutely insane. Compared to that, casino in Las Vegas is nothing.
One more move down... and one more very last move down... and one more...
But then, at some point, there's just BOOM!!... and the upward slingshot movement starts!
Or am I looking at this the wrong way?
(Note: we are looking at the Weekly chart)
... the Gold/Bitcoin ratio.
Far oversold on all scales. This means that compared to Bitcoin, Gold either becomes completely useless or is just very cheap. What do you think it is?
It is worthwhile to follow the development for example on 1h. Right now it seems to be reversing. Stay tuned, it is going to be exciting.
To explain it simply, if the blue curve keeps...
if you throw the uncertainty of today's world into the balance, such as the election results and the development of the corona death toll, you can expect some hectic and unsmooth reactions of the market.
Germany DAX 30 - if things unfold slowly...
I could imagine that it would develop like this.
The temporal extension of the pattern is uncertain.
Market time is relative. It can happen faster or slower.
Just an idea to share and to check later.
No investment advice. Use your own judgment to trade.
Stay safe, everyone.
DAX / GER30 : The "Main Trend Is Always Up" Game is coming to an end...
Even though it may seem that DAX futures could recover somewhat from the losses of the today's core trading session, it is important to keep in mind how the 3 and 4 hour trends are developing in the meantime.
Have you been following the German and European news in the last few days?
German DAX 30: Which three humps will it be?
If you look at the past months, you can always see the three upward humps on the 3h chart of the DAX (look for the blue MA48 line on the chart): 1-3-5, 1-3-5, ...
Well, I wonder which three humps will be in the next few weeks?