Oil preparing a big move to the downside, since March 2020 lows we are on a new trend, completing the 3 wave we go for the big correction to the downside, Long term, Oil still a buy, but for now look for shorts only.
Watch price action in lower timeframes to go short,
Tesla still looks bullish but price action is preparing a big bearish move to the downside, wait for wave 5 to complete to short it, or just go long with it till we near the top.
EURCAD broke the bearish flag on Monthly timeframe, big bearish signal.
As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well.
Wait for the price to retest the broken bearish flag, then short it from there to the targets mentioned in...
Last bull trap on BTCUSD happening!
After the fake breakout one more time, all bulls have the confidence again of the 100k targets + (some say 500k).
The sentiment on BTC is dumb bullish RN, again, all dips will be bought by the bulls which will give liquidity again for the market to crash, but this time, to lower levels (10-5k target)
Comparing the charts (before 1929 to 1929) and (before 2021 to 2021), they are scarily similar, with many similar patterns, from the perspective of only purely TA, this could be the scenario playing out, but we need some strong fundamental reason for this to happen, what could it be?
Since the start of the covid 19, we saw the market crashed, but in the...
Silver is preparing for the next move lower, we are just making a correction in smaller timeframes for the next target between 19 to 17 usd, watch price action at smaller timeframes and short at the breakdown of the bearish triangle formation. Dxy is also heading higher and preparing a breakout, which gives us confirmation of the down move on silver.
BTC still looks bearish and its trapping buyers, just look at the bigger picture of the chart, reversal pattern just right after a major top and a big wave down trapping buyers at the top of the market.
Almost everywhere is calling for new tops , again , this is the typical sentiment of a final bull trap before the market crashes for the final wave down...
BTCUSD went a little bit higher than previous 52k target mentioned, to hunt liquidity from sellers and grab from buyers, as some bought the top thinking it was a breakout.
This fast drop, was to make sure a lot of buyers got stuck in prices arround 48-49-50-52k, so this price BTCUSD wont visit it back as they would breakeven their positions, so this will...
EURUSD is setting up for a final drop before we continue going up for new highs.
An ABC pattern as been created on weekly timeframe, which is continuation of the trend, but still monthly chart show another drop can be possible to finish the descending channel.
I will short before NFP, then look for longs near 1.16
BTCUSD looks very bearish on weekly chart , we made a nice correction after the lows near 30000 usd, but pay attention to the rising wedge on the weekly chart which is about to be broken, this is a typical very bearish pattern, which price action drop hard after it
We are looking for the final wave at target 20000 usd
TP near 20000
Good luck :)
Gold looks very bearish and ready to go for the final wave in the weekly chart, target 1500
I have sells open with tp 1500, will close only near this target
Everything is setting up for a big crash on gold , as dxy its looking about to make a big move to the upside as well.
Dont miss this trade of the year
Good luck all :)