Simple trading - Head and shoulders I do not need to say much, BTC has broken below the head and shoulders neck line. SELL (entry6300) I would usually wait for a break and retest, but it's the weekend and BTC could drop in a couple of hours. Or it may hold above 63000 until tomorrow. USE STOPLOSS (63500)
Are you paying attention? You better if you want to be a trader investor. Can you spot where recessions started? leave a comment below. :)
Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit. A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
Here is the real story about BRICS vs the US. BRICS Units of Money Supply 435.46 Trillion. LOL! vs US $20.67 Trillion Would you like to own BRICS Currency? Or the US $? There are 2016 X more BRICS currencies in existence vs the US. A 3rd grader could tell you the BRICS are silly as a viable option to the US $.
Bio had to be chased a bit but ultimately it did what I expected. if they don't scare you out they will wear you out. Well, they wore you out first in this case and then scared you out. :D
GOEV was in the $ 4.50 to $5.50 range 1-2 months ago and on the 60 minute chart appears to be in a round bottom or doble bottom reversal concurrently with TSLA continuing to fall on the expectation of an earnings miss. GOEV's last earnings was a beat. It burned about half the cash that the analysts forecasted. The relative trend index indicator suggests a...
Walmart is the biggest retailer and the biggest employer in the US. This is a very simple setup with great risk-reward US bulls do not want to see this fail.
Global Central Bank Balance Sheet denominated in USD has broken the uptrend line down almost 16% or $5 trillion which is about 5% of Global GDP. Why does that matter to you? Because there are $5 trillion more bonds available that have been invested in the bond market which takes away from other asset classes. While global debt has skyrocketed (meaning more ...
4H is swing bearish 15M is swing bearish => Currently there is a reversal CHOCH signal We can look for buying opportunities when prices drop
GCTK is an unshortable penny med tech stock. It is now overextended and fundamentals do not support a move higher. Idea is on the chart. Overbought at this point and likely to fall by Friday as traders take profits for the week.
There has been a lot of propaganda of late talking about the BRICs will replace the US or China Yuan will etc.. this is flat-out silly talk designed to influence unsuspecting people for political purposes. This chart BKF/SPY is a comparison chart BRIC and the US. However, BRIC is now BIC since Russia has been cut out by US sanctions. In my view, BIC is...
Hello brian, let's find out about gold price today! Currently this precious metal has surpassed more than 15 USD compared to the same time in the session yesterday. Accordingly, the rising momentum was supported in the short term of the cow side that remained stable in the price increase channel and established the high levels of the bottom. It is expected that...
Gold prices (XAU/USD) attracted buyers for the second consecutive day on Friday, trading just below the overnight high during the European trading session. The US GDP report released on Thursday indicated a significant loss of growth momentum at the start of 2024, along with an unexpected rise in inflation, thereby providing some support for the precious metal.
you can see price respecting the uptrend for the third time and using SMC for confluence, price has filled imbalance having a bos and we need to zoom to the 15mTF for CHOCH on entry No confirmation , no entry 🚫
AMC on the 60 minute chart shows an early reversal out of a three week downtrend after two months of a wide ranging price action that was sideways. The more or less takes bankruptcy considerations off the table. In the meanwhile, the streaming services continue to beat down movie theaters. No matter, AMC has new bullish momentum and the trading volumes to...
1. Break of Structure 2332.15 which initialises the other 4 steps 2.MSS OR BOS @2337.29 3. Wait for body of candle to close above this then enter in half of total lot size 4. Wait for a 2 confluences on a lower time frame (15min) 5. ALL IN! EIGHTCAP:XAUUSD CAPITALCOM:GOLD FXOPEN:XAUUSD OANDA:XAUUSD
Bitcoin on a 30 minute chart fell with reports of the Israeli active retaliatory strikes in the heart of Iran's military and industrial infrastructure in a unilateral action. Iraq has not launched a responsive action as yet. On the chart, price had been stable and sideways in the 64000 range but fell to about 6000 and then recovered to nearly 62,000. I see...
Spot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience heavy rate increases if shipping does occur. Houthi rebels may resume proxy...