I have covered this in my education blog, but here is a great example of a Climax Run Stock Checklist ✅ Price looks almost vertical ❌ Run occurs after at least 18 weeks of the first base. (This run is 5 weeks after first base) ✅ Rapid advancement +180% ✅ Last 8 days before drop was 7 out of 8 days up ✅ Last 2 trading days we saw the largest trading range ❌...
We should see the GBP pullback here towards the level of C of this Bearish ABCD scenario is to play out.
Blackrock is rallying madly. Just now on the 200SMA and filling the April 22 gap. I can see a retest around 700-710 where's a gap from early August news about COIN/ Bitcoin and the 10EMA. Chart a bit overextended and volume is slowing down today.
Hi, we watched a great rally from Solana if you bought at lower prices you can hold it, but maybe you have a question, when can you take profits from your investments, I am trying to answer this question on this post, also if you don't have Solana on your portfolio you can read this post. Solana Analyze ( SOLUSDT ) Timeframe Daily ⏰ Location 🌊: Solana...
Looking to cross on a uptrend then start the mission to the moon ! However if that 42 level isn't able to hold and gain support bouncing up then once again 30's could be on the table which would confirm BTC has matured and these runs could last longer with small bear markets in between wouldn't that be fun and how long would that last what an exciting time to be alive!
I am curious of others thoughts on this monthly candle close. Not only the Nasdaq but Spy, Dow all closed with bearish reversal candles after a frothy year and a month of mania and extremes. Large influx of retail traders as well. Go back and look for monthly doji reversal candles that aren’t at a top. Perhaps it’s not the too but only a significant correction...
In the recent post "BTC reversal", I have showed you how a normal market behave in this type of situation, that is when reversal structure appears accompanied by more patterns founded in Chartism. Sometimes BTC do behave as a traditional market (commodities, forex, etc), nevertheless, Crypto is a special kind of market, one with very high volatility and in which...
Zoom out your time frame bois ;) Thats just idea so that means its not financial advice.
As I explained in an earlier post, we noticed BTC may as well be expanding by between 1.61 - 1.68x each halving. There is also a drop in acceleration (rise in value). We may have missed it as they fit so well into the 4 year cycle theory that currently exists. Correction to 2nd peak, this is set for JAN of 2023, not FEB of 2023, but 1 month is not a focus here,...
MRNA is hillariously overbought, with stochastics, EMA's, bollingerbands, MACD, and RSI on the daily chart all showing prime conditions for a short position. Here's the chart showing those indicators: I am going to be watching this on Monday and throughout the week, looking for a short position entrance. I played it on Tuesday for a nice $50/ share short with...
A guide of where to take trades to gain max probability of TP, and why not to takes trade
Is summer cancelled? By the way things look it might be....Spotify has had a big run in the past 2 weeks with new podcast and etc. but with less people going out and upcoming lock downs I think we can see around test of $220-$210. GLTA and stay safe!
$AAPL is over extended by $15 or about 4.5% on a weekly chart. I think it will have to consolidated here for awhile or pull back.
Short Term Short Trade USD CHF Not a signal just for my own reference Small Risk as not so much confirmation Tight SL good risk to reward ratio
Hi traders, it's typically like a holiday for us traders when the market (SPY) moves strongly to one side as it did after Wednesday's open. But in current uncertain times (see my vid. "Indices Will Start Falling When...") you can never be sure of the genuity of such move. We saw exactly that yesterday. A V-shaped reversal and straight back up, ending the day...
Let's take a look at the indices after the extended weekend! We see a break of a bull flag within a trading range. Strange, but powerful setup. Technically, everything seems fine and dandy then. However, there's an increasing notion of something being just WRONG. The economy is in turmoil and the full effect of the pandemic consequences is yet to hit us. FED is...
Wave 3 of wave 3 has started in an extended third wave. So a big downside pressure will come after went below the previous iv wave and broke out of the channel. Honestly, I am in short from 1.0950 and I will open again if there would be a clear rising correction from somewhere 1.08. If I'm correct then the EURUSD must not move above 1.0993!
Hey there, If you look at my latest post on Tradingview you will see that scenario A played out nicely so far. We broke the posibility for a rising wedge break down and managed to get above short term downward resistance. We are now looking for a touch of this ascending channel, coinciding with important horizontal resistance and fibonacci significace. 10k has...