Hi, If you have struggled to take out some profits from Apple then here is a possible hint for you. It could be also a possible "short" opportunity but definitely, if you have a "long" position and you cannot hold it for the long term (you need money or something...), then the area between $250-$260 should be your TP. Several channels upper trendlines starts...
Hi, Criteria: 1) 2x AB=CD 2) Channel projection 3) Strong area (light-blue) 4) Fibonacci Retracement 50% 5) Fibonacci Extension 127% 6) 2013 low 7) Tiny orange dotted trendline 8! Wait for a bearish candlestick formation from the 4H to trigger it! If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from...
Hi, Bitcoin price has collapsed and looks like it may fall even deeper than that. You have seen those lines before but a quick explanation. Since 2019 June, the price has moved downwards. It has printed clean lower highs and lower lows. Lower lows have been pretty bumpy and sloppy but lower highs have been clean as a whistle. Basically, those two bottom...
Hi, I would like to share my most recent analysis of BTC/USD. Hope this helps you identify some strong areas, directions, danger zones, etc. Let's start from the Weekly timeframe(TF). The orange line is Weekly EMA50. Four weeks in the row it has held the price and last two weeks the price has got tiny rejections upwards of it. Plus, there is the round number...
Hi, Bearish Engulfing candlestick pattern has formed after the price got a rejection downwards from the strong area. Trade activated! Good luck, Vaido
Hi, Gold price approaching a Triangle tip. This is not a perfect triangle because of asymmetric touches between the top and bottom trendlines but hopefully, you will understand my point and my point is - triangle tip may release volatility to the breakout direction. Triangle has two breakout opportunities. Suprise-surprise, up and down but at the moment, those...
Hi, USDCAD approaching a possible reversal area. Trade is triggered after you have seen a bullish price action inside the green area. Criteria: 1. Trendline(s) 2. Channel 3. Wave 4. Round nr. 5. Fibo Ext. 6. Yearly high If it is helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Best regards, Vaido
Hi, I would like to make a quick post about the current action on the Bitcoin chart. Actually, this is a pretty risky short-term buy opportunity but I would like to mention it anyway. Risky, because I don't really like the price action in the previous 4-5 days. It has been really bouncy and actually only the visual thinking helped me to make some profits today to...
Hi, I don't even know where to start because I have so much to talk about. The simplest is to start from the beginning, right? :) This will be quite a long post. A lot of bearishness inside of it because I cannot talk about long-term bullishness before I haven't seen any crucial signs. What are the bullish signs? I'll talk about that at the end of this post. I...
Hi, S&P 500 price action has started to show some areas where we may get confirmed short-, mid-term movements. In general, since June the price has drawn a bullish chart pattern. It is not the textbook example but still, a bullish chart pattern called the Ascending Triangle. It has printed nice and clear higher lows (HL) and the upper trendline is almost...
Hi, Historically, September has been a great month for Apple. For short-, mid-term traders/investors it could be a great spot to buy it. After the fall, which occurred at the end of 2018, the price has started to move on a pretty clean upwards channel(s). The last Weekly candle close (~213) was highest since October 2018 and it shows that the buying pressure is...
Hi, GBPNZD has started to approach a pretty interesting level - possible short-term reversal expected. Criteria: 1. Channel 2. Waves 3. 2015 low 4. Previously worked strong area 5. The round number 1.93000 6. Weekly EMA200 7. Wait for a bullish candlestick formation 1H+ TF Take a second and support my effort by hitting the "LIKE" button, it is my only fee from...
Hi, GBP seams to get some hits but probably those last two ideas can produce at least short-term scalps if nothing more than that. Criteria: 1. Middle nr. 1.8500 2. Waves 3. Trendline 4. Fibonacci Golden Ratio 62% and Fibo 50% 5. Previously worked strong price level 6. Channel 7. Different EMA's on higher timeframes, they are a bit higher than the marked area...
Hi, Yesterday, the entire crypto market got a little pump upwards. Technically, yesterday's bounce was pretty solid because of the daily candle close. Previous short-term scalp opportunity was successful, it is a bit longer than the previous idea but still, I hope the result would be the same. The Bitcoin price has drifted around the $8,000 more than 11 days...
Hi, Bank of America, Merrill Lynch: "Stocks are going nowhere for the rest of the year." There are some possibilities that it can be true but still, the chances are pretty high that Lynch has made a false statement. BULLISH Firstly, let's talk through the bullish scenario and actually it is pretty simple. A Weekly, Monthly would be better, candle close above...