At end of trading day 7.3.2019 there is now really news to tell. We have established now a new short downtrend channel i have marked in purple to have a road for the next days. There is also as you can see a trend resistance channel with a deeper fall, i have marked with orange resistance line. I think in 1 of these channels we will se DJI tomorrow and than...
As described we are in a long trend now. The important trendline now is the line i have marked in purple. If these breaks we are not at pnce in a short as we have a lower trendline long as suport i marked in blue And also a support aerea at around 3800 - 3815 marked with 2 blue lines. These all should hold for the long setup- At end of tomorrow BTCUSD should...
As we have now the bespoken broke of the last long support trendlne today at around 11500 (marked in blue) we are now in a short setup. It has also established a short trend chanel if have marked in red line for better view. In these trend channel i estimate lower prices, maybe Dax will come at the upper line of these channel at 11550 for end of...
Now the break of the first and second support line has to be noticed as sort signal. It hs recovered right now to 7100 We have to check whether a rebreak of the new resistance libe of 7109 will work or not. That could help us top check strength of the bulls and the bears But so or so Nasdaq is now going down in a Short trend channel for better view i have...
Nothing news here, Situation is still short. Resistance at 25890 and also at 25720 are to brek for a new setup. But the short trendine is also valid as resistance (marked in blue)
Exactly as described in the last Ideas the DJI is in Short Mode. I have added the new short trendline which is very steep. Maybe the will break and we eill get a more flat short lower trendline but that will not change the setup. The Make or break is again 25890 If its going not above thet level the setup still is short.
As we can see some LONG trendlines has been established and two support ranges in the Range 3800 - 3820 also. At the moment i cant see any reason for a Short Setup But Bitcoin as you know have to be traded ALWAYS WITH STOPP LOSS
To all traders: That could be a nice Inverse SKS (Inverse Head and Shoulder) Formation) For a Long Setup. But to confirm we do need a break of The Resistance Aeare i marked with orange lines
Now we are in a criticall aerea. At close of 6.3. today DAX is still long, but we have to find support tomorrow at the lower RED marked trendline. Dont make a mistake its NOT a short setup yet. If !! the red trendline is broken, than we can talk about a short setup.
Nasdaq has just sit on the Blue trendlinei have mnarked and is still long. There has been established a new support zone at 7170/7180 i have marked in blue. Only a trading below that would destroy these setup. But even if trading below that 7170 at 7150 and 7130 there are some support zones (i have also marked new in blue) to hold up the bulls. If 7170 will...
Now we are sitting exactly at the upper long trendline i have marked in Blue At the moment still Long We have to wait whether that stays tdoday, but ieven if these line breaks the lower trendline in red is still a support for the longs.
At end of today we have these situation: One the one hand Nasdaq is trading in a new long channel (here support in blue line and resistance in red line) BUT as you can see i have taken in the new resistance at 7170 which comes form the high of 25.2.2019 and at the end of today trading the last hour has exact set up to that level and comes back from that...
As i wrote in the chart the resistance line at 25880 (nearly) is to beat for long. For today the bulls havent had enough power to kill it. That seems to be at the moment that situation is still short but we have a chance for a long change if that resistance will be took out from the market. On the other hand if the next days the come back above this line...
As i have been told a lot of times to write something about BTC i have measured some curious jumps in the last time. As you can see there are Jumps of around 10% in 1 or 2 or 10 Hours. Whats interested is, that we have jumps long and have jumps short in nearly same percentage. Of course you can tell that the situation of BTC and miners a.s.o. can change from...
Its exactly as described in the older publish from today morning DJI comes to that the short trendline resistance (Orange color) and go south at the moment. But that is to watch carefully. maybe we will have later today or tomorrow a jump above this line. If that will be the setup short will be going wrong. But at the moent its still short.
The pair has been traded sideways out of the short channel exact as forecasted. Now there is a new short trendline which the pair has to remove for a long setup. At the moment its trying to find a bottom at my blue support ranges Also my blue support lines holds at the moment, how long in the future we dont know. Lets see what will happens: a) Break of the...
Nasdaq has won the fight against the bearish orange Short trendline at the moment. So its no longer a short situation. At the moment the bears and the bulls seems to be equal in power. Its Neutral statement. The Alternatives i have mentioned in the last published Next check will be at the end of the day
Dax today managed to go out of the bearish trendline in orange is in the Long aerea again. Now we have to check the 2 Pruple long trendlines to check for a break. At least the lower trandline must hold for staying in Long position. If theer will be no break and goin in the new long channel further up its a long setup of course.