sgtview

sgtview

The current market structure shows a bearish retest and a consolidation on what used to be a key demand level. I believe we will experience a pullback to the previous range high (104-107) followed by a consolidation on the lower range and a subsequent break in market structure (92-97). Until clearly delineated by price action I will remain bearish. Have fun &...

sgtview

Dear Traders, the following is an update on my previous fractal study. The adjustments on the Historical Bear Run of 2013/2014 are mainly: volatility & length. At the moment, accumulation is the main attraction. Theoretically, August should bring us a fanatical bull flag and mid-September should be the real spring of the accumulation phase, ending the bear...

sgtview Updated 

Dear Traders, As we continue to analyze the previous bear run of 2013/2014 on today's market we can only marvel on its beauty and the quantity of similarities that are flourishing. My Trading Ranges are: Max (11,4-11,9), Min (9,6-10,2). Due to strong bullish signals from my favorite indicators (specially today's Ichimoku (10,30,60,30) TK_Cross) I'm still...

sgtview

Dear Traders, This graph reproduces the old bear run of 2013/2014 on today's market. My sentiment is not as bearish as this graph would show but I do find it interesting that most of the previous bear run patterns are being repeated. Something to keep an eye on. Thank you Bitcoin_Schmitcoin for pointing this out. Have fun out there, S.