Hello to all who watch my charts. Here is the new updated situation in Bitcoin 6.4. It happened just like yesterday written: "Either Bitcoin is rising above 5065 on the basis of the 4 HR chart and is likely to go above 5145 to reach new highs and move to a long position." Yes, that happened just now. I have marked it with a green arrow now, The buyers are...
Hello to all who watch my charts. Here is the current situation in Bitcoin. After the impressive rally on over 5000 Bitcoin is now in my oppionion in a short position We have lower lows and lower highs, which is clearly proven since the fall below my middle blue line at around 5000 points. Interestingly, the BTCUSD comes back, right up to my top blue colored...
Hello to all who watch my charts. Here I would like to introduce you to an example of Range Trading on the basis of the pair AUDUSD Please keep in mind when doing a Range Trading that it only works for a short time. Please check the situation in the future carefully whether the pair stays in the range. No FX pair or index will normally stay in a constant range...
Hello to all who watch my charts. For days DAX is in an upward movement and in a fairly wide Long channel. As you can see, the distance to the lower channel band is quite large. It currently runs at about 11860 and that is a good 120 points below today's closing price. In addition, we are at a round number Having arrived at 12000, that has always shown the...
Hello to all who watch my charts. Here today i am check the the Nasdaq 100 A Chart picture says here more than 1000 words says a proverb. This is good here. The Nasdaq is in a fine Long Channel I marked it red with 2 first support zones at 7530 and 7545 last straight from today What should you pay attention to: The Channel should not be left behind in a...
Hello to all watching my charts. Today we'll have a look again to the pair BTCUSD, Bitcoin. Its easy to check that BTCUSD has dropped out of my long channel (purple color). Now a Shprt channel has formed in which the pair is currently running down A reversal of the downtrend and a resumption of the long trend is still possible, as support at 3860 still...
Hello to all who watch my charts. Who my idea Dax Short from 21.3. followed (fall down out of the the Long Channel in PINK) is now already 300 Dax point forward. But as soon as we have reached a point at which a small bottom formation is emerging today. In the area around 11300 to 11330, DAX DEU30 has today stopped its downward trend several times. We have to...
Hello to all who watch my charts. In the Dax DEU 30 we have a short situation since yesterday. As I posted Dax was allowed to fall to the lower line of the Long Channel. But not below. Yesterday it dropped significantly below and there is now a short channel formed, which I have marked in purple. I've simplified the chart image a little and a few...
Hello to all who watch my charts. The situation in BTCUSD today at 16:30 NYT. We see you we are still in a long situation. It has now formed a wider Long channel I have marked red. Bitcoin BTCUSD moves in this channel upwards. Currently the pair has arrived at a double resistance at about 4020. Since BTCUSD but has so far cleared all other resistances out...
Hello to all who follow my charts. The Dax runs exactly in the long trend channel up I have drawn I marked it red again so that he is better to see. The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue. These are the two upper skewed straight lines at about 11775 (current state) So he has continued to...
Hello to all who follow my charts. Today has been an interesting day. Of course, the S & P 500 was still long and continued up the long trendline But today we experienced a reversal day and that always does not bode well for the respective trend direction. The day started normally, then went much higher in the end but to go deeper from the market. A reversal...
Hello to all who watch my charts. The S & P 500 is exactly as announced in my last post: Strong Long. and is currently running up my blue long trend line. To all who still write after short I give the advice Please always remember: Trade what you see in the chart and not what could be in the future or what you think will be in the future. Then you will also...
Hello to all who watch my charts. Contrary to the opinion of many here is in my view S & P 500 a Long Setup. As you can see we had it at the beginning of March a short trend which I marked with the orange trend lines. Now, however, the index has risen above all short resistance and has both major resistance levels which I marked purple. In the near future no...
Hello everyone watching my charts. Today we have an interesting situation in BTCUSD a classic long breakout. In the last post I pointed out the resistance at 3980, the The market has now taken the race and made a classic break. This shows once again that trendlines are more important than resistance or support zones. Zones are just one possible twist or...
Hello everyone who is watching my charts. Here is the update to the end of today's DJI trading day The situation remains unchanged. What should we pay attention to on Monday? We now have 2 long trend lines the one in the steep Long channel I have marked blue. But I'm afraid this steep uptrend will not last long. But below that we have an interesting 2nd...
Hello everyone who is watching my charts. Here we have BTCUSD in the 4 HR chart at 3:30 pm NYT today. The reason why I show you this chart is the resistance you have to pay attention to 3909 There bounces BTCUSD straight off. This zone has already led a few times to turn the market. In principle, we are still in a long situation. seen at the bottom blue...
Hello to all which follow my charts. Here The Situation in EUR CAD at the moment. For an easy look a the big picture i have used my renkocharts i am favourite from. So here we go: EUR CAD had had a sharp downtrend from beginning of 2019 At around 14.1.2019 the pair has build out a short channel which has lasted till 25.2.2019 From this day on EUR CAD...
NASDAQ is still long of course at it is more than 1 % PLUS today But please check these 30 MIN Chart. We have to pay attention on the 7347 Level aerea If it breaks ot end of a 30 MIN bar below that in my view these long run has gone and we are (maybe only short time) directly in a SHORT setup cause we have a double top which is broken. At the moment it...