Fundamentally good companies are down since last week and many are fearing of the dip in the market. If you are holding on a good company, you will have nothing to worry about. I have written my thoughts in the chart :)
The overall market and we know is on a real knife edge. I currently do not hold a weekly position in QQQ which I'm kicking myself for right not but there you go. My general approach to the market right now is taking buy positions on the weekly chart buying after the dips and looking to close at the end of the week to avoid dips that may become crashes.
Under the black horizontal lines, huge volumes. Above the black horizontal lines, huge volumes. Between the black horizontal lines , volumes are lower, calm. The blue uptrend line mark the trend, general trend of the market. But, on the 17th of September we have seen forces coming into the market to push the market down under a very important point. Now we are at...
After BTCs recent downturn which saw the cryptocurrency fall from $12000 USD all the way to $9900 USD in a matter of days, BTC has managed to find some major support at the $10000 USD level. This support has been tested numerous times since the 4th of September and has traders questioning whether the bears have lost their grip on BTC. Since the 4th, BTC has been...
Hi. Terminal status during DXY drop period (61 1D bars): We observe that the Euro is relatively low compared to the Australian Dollar. It should be watched carefully. A mark should be expected on the trend line. When this sign comes, the long position can be evaluated. Regards.
Tesla is just a ridiculously overvalued stock, but dont fight the trend or the robinhood traders. This just broke out of a massive bull pennant that should propel it to roughly $1900. its stock split will easily push this to $2000 or... $400(after the split)
Hello.If we try to analyze the current situation by looking at 8 major pairs: 1 - U.S Dollar Currency Index 2 - S&P Goldman Sachs Commodity Index 3 - Gold Spot 4 - Gold / Silver Ratio (XAUXAG) 5 - S&P 500 Index 6 - Euro 7 - Australian Dollar 8 - U.S Dollar / Japanese Yen Assumptions A If 1 moves down towards the trend line: * The probability that 2...
AUDUSD Terminal Overview : We can observe that the Australian Dollar increased much more in the DXY downward phase than other major currencies. It is clear that this is from commodity attacks because Australia is a commodity country. It is one of the countries where commodity production is most intense. Let's take note that when there is a strengthening in...
Hi. Percentage change of General Terminal in the process of 61 1D bars: (DXY Drop Length) As seen in the terminal Compared to GBP AUD, it is relatively inexpensive. A strong Parallel Channel is broken. But there may be a retreat. After that, a Lucrative Long position opportunity will arise. I'll try to catch it. Let's be on guard. Regards.
Good evening everyone, This video is just to go into more detail on the charts I sent out into the group earlier today. We have been taken out of USDCHF for 25pip SL, well done to those who avoided the stop hunt. I'll still be looking for a short on the pairs as the USD is showing weakness across the board. The pairs are not yet breaking the previous days...
Hello. I think that short position will not be brought to the agenda without ensuring permanence under the green trend line for Bitcoin. Cryptocurrency Terminal : Comment Hashrate and Bitcoin Total Transactions data seem healthy. In general, we can say that Blockchain data is above average. We bring short positions to the agenda when a few bars below...
📈📉Bitcoin saw some exciting price action in the past 24 hours, but the volatility did very little to change the bullish trajectory. In theory, the money printing, uprisings, and tech bull market should be a perfect storm for crypto (and Bitcoin especially). With a bullish chart and a bullish backstory, our outlook on BTC is bullish. Let's look at some levels for...
Just as simple as possible. For those wondering why I included "Gann" in the tags, those trends are from the Gann Star (or Gann Box)
Are the Bots really that easy to predict?? If So, wave B is going to be a quick Good/Bad time in the economy
In recent years, more and more rumors have been circulating about an impending financial crisis. Let's try to figure out whether this is really so. A lot of media “thunder” with headlines about coronavirus, strong drops in stock prices and more. Experts have been saying for a year and a half that a bullish rally in the stock market should go into correction or...