This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
This is a clear bull trap. The volume on the last push had no volume. The rsi bands, rsi and VZO all show that this is overbought and needs a correction. BTC is also heading in a correction so there is no saving TRX.
As you can see XLM still has some major trendline to break before breaking out. First, the RSI MACD and stoch RSI all look bearish. The rsi is very high and looks to be going down. The macd is about to have a bearish cross over and the stoch rsi is in very oversold areas. XLM looks to be forming an ABCDE pattern and has now completed the pattern. So it needs a...
AMZN has a low rsi macd and stoch rsi so a rebound soon is expected. It will hit the where the b wave meets the fib and gann lines. then it will go all the way down to the .6 fib and meet with the pocket of Gann fann lines that are created.
As you can see it broke that trend line and now is starting an impulse wave. The rsi and macd both have alot of bullish divergence and the stoch RSI is very low and has begun to rebound. The gann fanns and fib all match up and the green arrows represent the third and fourth waves of the whole structure.
It simple this pattern is coming to an end very soon and the bad news and market correction has put this tock a little to low. You can see a rsi bounce and AD bounce are starting to form. In addition, all the arrows line up with the gann fanns and the fib.
As you can see AUDUSD is facing some heavy resistance from those trend lines. If it breaks those trend lines then there is a strong chance it will hit 127% fib where a pocket from the gann fanns meets. This would put it at .79 cents AUDUSD also has alot of bullish divergence in both RSI and MACD.
It looks like Google will play out an A-B-C-D-E pattern. This pattern will be complete once google breakouts off the triangle. I think it will breaks out in a bearish way and hed to the .5 fib line. This fib line meets with the gann fanns and a long support line.
As you can see AMD has completed the a-b-c-d-e pattern and is ready for a breakout. I think it will hit that 127% fib line which also hits the gann fann line. With AMD trading sideways for a long time now a breakout is well needed.