Hello to all my followers and to the others :-)
Hope you are well ?
Many thanks in advance to Musk who help "slightly" the Doge to reach a new ATH
a couple of minutes ago @ 0.7414...
Please let me just remember, an old adage that I particularLy like :
"BUY THE NEWS AND SELL THE FACT"
We'll see later on, if the story will repeat again...
In the meantime, I would like to share with you, something very interesting, which could be very helpful for you :
It normally pays to look at a chart time frame either side of the chart you are studying for the longer
term and shorter term. Looking at several charts on one screen can give you the full picture at a glance.
CONCLUSION :
Watch the clouds and MBB :-)
Have a nice trading day, in a very volatile and turbulent market and do not forget to fasten your seat belt !
All the best, have fun and take care.
Ironman8848
Hope you are well ?
Many thanks in advance to Musk who help "slightly" the Doge to reach a new ATH
a couple of minutes ago @ 0.7414...
Please let me just remember, an old adage that I particularLy like :
"BUY THE NEWS AND SELL THE FACT"
We'll see later on, if the story will repeat again...
In the meantime, I would like to share with you, something very interesting, which could be very helpful for you :
It normally pays to look at a chart time frame either side of the chart you are studying for the longer
term and shorter term. Looking at several charts on one screen can give you the full picture at a glance.
CONCLUSION :
Watch the clouds and MBB :-)
Have a nice trading day, in a very volatile and turbulent market and do not forget to fasten your seat belt !
All the best, have fun and take care.
Ironman8848
M5 : breakout of the cloud and now pullback attempt ?
M15 : Top of the clouds tested
M30 : Still above the clouds but first MBB breakout attempt !
H1 : TS breakout attempt
H4 : No new information, excepted that a bearish formation is in progress ! wait for closing confirmation
D1 : Nothing relevant so far to highlight, in the middle of the ongoing D1 price action
CONCLUSION :
Once again it is crucial that you work step by step, in beginning from the long to the short term to get an overview of the trend in each time frame and then that you screen very carefully the ongoing price action in beginning from M5 upwards.
Good luck friends
Ironman8848