Hi traders, As you all know, I believe the bearmarket has finally started since February 17 2020. I have been thinking, for a few weeks, about the wave down of July 16 to Augustus 16 and the following wave up to October 12 2007. I really feel we will get a similar kind of follow up in the coming 2-3 years into 2022. Timewise, the top should be very close. Our...
Hi traders, I still remain bearish for June, but we are still in the beginning of the month. I tried one short position that failed and since than I am just analyzing and waiting for a big signal that will accompany my bearish view. For now, a big uptrend is in progress with a few positive reversals already (see the orange lines). These reversals come from the...
Hi to my fellow Dutch stockmarket 'liefhebbers' and others from around the world! I have been tracing this Bearish Butterfly for more than a week now. This might very well point to the top of the bearmarket rally from March. A sidenote: Harmonics are valid WHEN THEY ARE VALID... Until that time, it is a pattern that seems to be in progress but proof is always...
Thanks for your likes and shares! Much appreciated! _____________________________________________ The market is in a recovery mood . The actual range can possibility be a good entry for a short direction profitable trade. The upper level can possibly see a nice entry for long direction trade, BUT, beware of pullback because it is a strong resistance line. If...
I remain short the CAC40 index as from the previous post linked, I remain short the CAC40 index as from the previous post linked,
Short to new lows, as the divergence seen in Asia has spread to europe. 13:45:39 (UTC) Wed May 13, 2020
As we can see, we are waiting for the retest in the tendence for the most risky ones, if you want the best operation, we need to wait the broke of the offert zone to enter in the operation with a really low risk! For more operations and analysis of this and other Index and Forex pairs, follow me and give a like for the effort!
EUR/CAD May fall 50-100 pips Price is forming a symmetrical triangle and may consolidate further before a breakout. Support at 1.5510 has been broken previously, overall the daily trend is upwards but a recent down trend could take price to further lows. Intraday - 4H Trade: Sell Entry 1.5491 Sell or Below: 1.5510 Target TP: 1.5439 & 1.5352 Pivot and Support ...
Seems to me that this is a clear rebound started with Italy cases declining, china back to work and the US firing 2 trillions package Time to go all in ???? I think so but let me know your views
The last move up we have put in looks very much like a 3 waves move <=> corrective. Note the big gap to the downside straight away after an ATH
International diversification is important, but it's risky. Choose wisely. Here's a hint: India is debt China is lender Toxic Growth
Serious resistance In 5642, 3 serious attempts failed. Stochastic Overbought. Despite the rise of the Cac40, there are some signs (written above) of possible price correction. Target: 5470
CAC is quite strangely printing on the big 1W/1M time frames a similar trading pattern with the early - mid 90s. The MA50/200 sequence is identical within a Channel Up with two distinct peaks that broke the Channel momentarily before testing again the supporting trend line. What stands out in particular is the +46.50% rebound from the first Higher Low on both...
The trend of the CAC 40 in recent years is an uptrend. in October 2011 the Cac has undergone a technical correction of 1200 points and then very quickly he returned to his upward trend, in October 2015 after a long rise the Cac has made technical correction of 1000 points pretty much like the first time and quickly took it back bullish trend, in October 2017 the...
Just for testing purposes