Handling a short entry differently than a long entry. Trading price action is different than trading line patterns, Fibs and structure.
There are several fractals taken from different timeframes & price levels which keep repeating in the almost exact way. Tried to point out some of them here. Some others will follow later.
Oversold on multiple time frames Distinct 5 waves done, completed Elliott Wave 5 Selling is diminishing Multiple long signals
I overview what are some of the possibilities and probabilities over the next few weeks for Wall Street. I compare again the current situation with that of around 2008. Preliminary action on small time frames on Weekend Wall Street, do not look exciting for a trip north on Monday. We shall have to wait and see, as Mr Trump often says. I do not know what's...
Multiple confluence: - Hightest on Daily - Confirmation price action in 4H - Strong rejection on Weekly PM me for full analysis: feel free to share thoughts... Did you guys catch this move as well? Cheers, Sang N.
Revaluation of their stake in Industrial Heat has caused price to gap above 85p horizontal resistance. Will it recover to become bullish?
This crazy breakout lead into a head and shoulders, then faked me out and i realized it was an inverse head and shoulders! The MFI, CCI, MF, TTM SQUEEZE, and STOCASTIC RSI all came together to potentially make this push happen! I am trying to publish fast as I think its coming soon : ) This is not financial advice. I would highly advise taking any of my trades ; )
So for about 6 months now we have not seen exponential growth. Call it what you will. I think I will call it a "bitcoin recession." For two quarters we have not seen the kind of positive growth we have come to expect, however, compare what we have now to this time last year and you should still be a very happy camper. If you've been HODLing of course and even...
Price has hit for 4th time bearish resistance and it appears the pullback has been exhausted, touch was also in 20/50 EMA zone. Going short for 80-90 pips and taking profit before price hits bullish support trend that started back in September 2015. Wait for confirmation of support (with bullish MACD) and then look to enter long and hold.
The sell sentry should have been at that flag at the 124.00 level... We do have a flat pattern in which "C" is a choppy diagonal. I would like to see EU do what NU did which was make a correction to give a setup, but it may not until it goes further. It is about to test yesterday's low and pitchfork, we may get a break and extension to the 27 percent. The problem...
Here price is forming a continuation pattern. If we see a strong break to the downside look for sell positions.
When there is no clear sentiment/fundamental move that I could trade off, trade based on different kind of fundamentals = "To make money, what had been bought, it needs to sold". Wednesdays or Thursdays always the time when the market ended their accumulation phase and start a new trend OR taking profit after several days of buying (in this case buying the Euros,...
The S&P appears to be testing highs this morning, looking real strong for the opening bell. It is testing the upper Bollinger Band of the Kovach Reversals Indicator. This could lead to a slight retracement, which will be confirmed by a red triangle by the indicator. The Kovach Momentum Indicators all look strong. At this point, stocks are unstoppable, buy on...
A steady and drawn out decline in LTCBTC has caused alot of bulls to throw in the towel, so there's a high probability of an upcoming bottom. Cycles suggest this turning point will occur at 0.0097 and below, with a possible spike down to the 0.008 level. Stops suggested to be below 0.007 Look for this bottom to develop as the recent insane BTC rally puts in a...
Working on a new REVERSAL indicator … Almost every signal of the "MM-Reversal-King" was right. 11 out of 12 is not that bad.
This indicator tries to show the probability of an impending reversal. It's using a number of different input signals and candle stick patterns and conditions: 6 different moving averages Averages of moving averages MACD RSI Stochastics Keltner channels Pin bar patterns Engulfment patterns The indicator is designed as an oscillator and treats...
Pending Call Option EOD Prices should reach the median line on a regular basis during an uptrend by EOD
A weekly close above key monthly resistance last Friday above 0.7550 gives us projections of upside potential to weekly resistance at 0.7780. Statement is supported by Fibo extension level 161.8%, a weekly break and close of monthly resistance @ 0.7550 , bullish engulfing candle pattern. We are waiting for further price action.... a retest/consildation around ...