Trendline drawn from 4H TF. Lots of rejection to the downside as you can see in that zone. Will look for confirmation to enter with a small lotsize as i'll need to place the SL about 80 points below entry, below the trend line.
Inflation report being released tomorrow 1.30pm GMT and if the results are bad (i.e. inflation is high/worse than expected), we'll likely...
Sometimes one needs to take a step back to see the bigger picture on what is going, to learn from the past and start making plans of actions on what to do next ✌
1929 Crash (Wikipedia article)
1987 Black Monday Crash (Wikipedia article)
After a massive uptrend ride, GE took a break during the past two months leaving a clear bullish pennant.
MACD its looking gorgeous right now.
- OPPENING POSITION: 13.5
- STOP LOSS: 12.75
- TAKE PROFIT: If we are thinking on a swing trade, 14.40 (+7.6%) would be a decent profit. But, I believe that its a great position for a long term. Lets check once we...
Higher high, higher low, bounce off 200ema, targeting next area of resistance and the following area as TP1 and TP2 respectively. Let's see if it plays out.
Trading Idea --- NOT AN INVESTMENT OPPORTUNITY
Bitcoin has reached the end of a tringle and looks ready for a breakout!
Previously the price reached the top red resistance line and collapsed so be aware of this trend resistance line.
Comments are much appreciated.
I've noticed that when you zoom out the Bitcoin chart we can see a repeated pattern where the price drops to a double bottom.
Each time a double bottom is formed, a huge price jump occures where we usually hit a new all time high!
Feel free to comment and follow.
WORRYING TREND FOR NORMAL PEOPLE
WITHOUT ASSET EXSPOSURE.
SHARE THIS VIDEO
CASH IS BEING BURNED AT AN ALARMING RATE
TO BENEFIT WHO?
DO WE NEED HIGHER STOCK PRICES
IF THESE COMPANIES JUST HOARD THAT MONEY... AND ACQUIRE MORE ASSETS
WITHOUT INVESTING THAT FREE MONEY INTO JOBS?!
Entry details are shown on the chart.
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade....