AMEX:SPY I thought that we broke the neckline nine May, I expected a retest of the neckline, but I did not expect a cross back above. But what caught my attention is that the rallies occur on light (under average) volume. Maybe this could indicate a bull trap. I can not wait for your response and vision on the current market. I wish you all the best This is no...
This charts shows the 4 biggest rallies and its "4 deaths". Also if/when we hit 18k USD (78% fibonacci retracement) what should be like the next rally.
Maybe this is well known among the crypto community. I don't know. I'm kinda here in my own little bubble. I was organizing and setting up a ginormous list of crypto charts when I noticed that there were a few odd coincidences about the 2021 rallies. In my estimate, there were three major rallies last year (Spring, Summer, Fall) and two minor ones (January,...
CADJPY sell on rallies after it touch 61.8 fibonanci retracement and key level CADJPY TYPE : SELL TF : H1 ENTRY PRICE : 86.90 STOP LOSS : 87.65 (75 PIPS) TAKE PROFIT : TP1: 86.70 TP2: 86.30 TP3: 85.55 TP4: 84.72
USDCHF sell rallies after it touchs 31.8 fibo level resistance USDCHF TYPE : SELL TF : H1 ENTRY PRICE : 0.9075 STOP LOSS : 0.9105 (30 PIPS) TAKE PROFIT : TP1: 0.9055 TP2: 0.9015 TP3: 0.8978 TP4: 0.8947
GBPNZD H4 This throws a bit of a spanner in the works with regards to GBPUSD short. We saw consolidation on resistance before then breaking upside during the eastern, leads us to think GBPUSD might follow suit. Again a little more confirmation, upside or downside break and retest to offer us what we are after.
I used a “Price range” to measure the difference between the highest and lowest MACD histogram for BTC on the 1D chart for the following 2 periods. I picked the top of the previous BTC rally and the bottom of the subsequent dip (ie. 9-22 Jan) as one period to take the MACD measurement. For the second period I chose a similar period, ie. the top on 22 Feb to the...
Typical pattern in a bear market when investors are still in denial. Short-covering inspires the optimists things have finally bottomed, when they haven't and we see the old 'dead cat bounce.' Short the rallies, and cover when the trend resumes is often a successful trading ploy.
---------------------------------------------------------------------------------------------------------------------------- Analysis : been running up for the day, looking for the steam to run out by the time it Reaches the level which is well located. Trend : Sideways Momentum : UP Strategy : S3 - Support & Resistance Direction : SHORT Entry : 1.09599 Stop...
On the weekly chart we have bearish divergence on the histogram, sell the rallies with bearish evidences is the plan.
From what I have learned from the last year studying all the traders that are big in the space.
Range and then big sell off or Creating a higher high then the sells.
Long term we are bearish but monthly and daily are giving a possible push to the upside. It might take weeks for that to come to play. But for now we remain bearish
Short term corrective cycle to the upside before selling the rallies Double wave or a range before selling
EUR/JPY closed last week below the weekly Ichimoku cloud. Until it recovers to close above the cloud, sell on rallies is the way to go.
USD/CAD has gapped lower on Monday open because of news that US and Canada has finally reached a workable trade agreement. Breaking 1.2880 decisively, the downward trend is likely to resume and any rallies should be sold. If the market should try to close the gap, it would present us with a good risk/reward trade!
Sell the Rallies. IMHO This is a dead cat bounce, DYOR , Don't play with money you cant afford to lose... We cant always be right so always set a stop and its your own risk if you hold over what could be a volatile weekend as far as news goes.
Bullish Color Green Number 1