fuuuqeht

fuuuqeht

This post follows #TheStrat trading strategy. Google it for more info. SPY is approaching the 50% level of last week’s candle and could be looking to form an outside week. The yellow lines are short targets. SPY stopped out buyers, then stopped out the sellers, stopped out buyers again, and stopped out sellers again, forming this dark blue broadening...

fuuuqeht

We are currently inside of a green weekly candle on bitcoin after a nice run for crypto. However, we are still inside of a big red monthly candle, putting Bitcoin at risk for going Full-Timeframe Continuity to the downside. This means each timeframe’s latest candle is a red candle which indicates selling on all timeframes. Here are the short targets into...

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4hr Chart shows the small broadening formation we are currently inside of I would watch the price action closely in this broadening formation and the longer term formation from my last post and look for bullish reversals (ex. 2u-1-2d, etc) on the daily and weekly timeframes. Keep in mind that the monthly timeframe is still red, my humble prediction for the...

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Weekly Chart shows a longer term broadening formation with the purple box as my potential bottom at 13k-16k for BTC Daily Chart shows we continue to fail to push towards the high of the broadening formation and continue to break lower 4hr Chart shows that we are quickly approaching the long term broadening formation I would watch the price action around this...