Please, dont fall in the bulltrap that FED and big players are making to sell in higher levels. The channel is completly bear and it will fall down and down in the next months.
I have my buy area in the bottom.
What a Monday we’ve had, investors appear to have responded properly to unlimited cash components from the Central Banks and the introduction of latest stimulus. This comes on the heel of optimism over the spread of the coronavirus in Europe, where the curve maintains flattening, indicating the worse can be at the back of us. This is great news for the world but...
Early signs of COVID-19 curve pulling down in Europe and the U.S. Kicked off with a alleviation rally in currencies and equities this morning. USD/JPY jumped above 109 as AUD/USD and NZD/USD rose almost 2%. This contemporaneous rally is a confirmation that investors are not simply bullish on dollars but also much less pessimistic about other currencies. Risk...
As we can see bitcoin broke again the 7k area. All the signals still bearish but if we break the zones that appear on my chart we will be in a bullish channel.
I recommend shorting this positions 7.1-7.2k and a stop loss in 7.6k levels.
Bitcoin is following stocks market as SPX500 futures showed bullish signals today.
After a successful close above...
A trader can spot trend extensions with the help of bullish or bearish continuation patterns, which occur in a variety of easily identifiable shapes, some of the most popular of which are known as bull and bear flags.
A bull flag is appropriately spotted in an uptrend when the price is likely to continue upward, while the bear flag is conversely spotted in a...
Many people said me the drop from yesterday was the most bearish escenario and now we are going to pull back up again.
This wont happen, the scenario remain really bearish and we should retest at least 5.1-5.2k zone.
We made profits with the drop from yesterday so i recommend to open positions of short again at 6.3-6.4k level
Some people asked in Telegram / PM how i know what stock will go up and which one should them short or long.
I made a list about the different sectors of SPX 500 if its needed to go bear or bull on it.
After you choose the sector you need to check the ADX of the coorporation, it need to be strong and always remember to chose the strongest coorporations...
As i anounced before the end of the month we will see a drop of BTC price and we saw it already, now i expect more drops incoming in the next 2-3 weeks to the range of 4-5k.
Keep the short positions!
I think in this covid19 scenario grifols is a really good pic with the medical improvements that they are offering.
It's a safe pick so i recommend reading about this coorporation and make your own research.
As we can see the king of the depression markets have a really good tendence, expecting more and more increasing from the gold.
I'm LONG on it. Support 3 and 2 already raised awaiting the 1 for the next days.