in the chart. (meant to type monthly L4) in that place where price went
I thought this recent move might be it, but it's not climactic enough. So continue being short but expect a retrace. Based on long term fib level which is holding well, it'll either go down to around 320 from here, or retrace and then go back down to 320-ish. Hoping for the retrace from here, to offload at 390 to 415. Reversion to the mean.
3 cycles allready done we wait for the reversion, this is my trading structure for the pair in 1H
I have used the Regression Tool available on TradingView, to plot the SPX Monthly Chart going back to 2009. What I observed is that on 2 occasions, (points which are marked with arrows as A and B), the SPX went above the Upper Limit and then immediately fell back to within the channel. At Point A, it returned back to the Median and then followed a gradual...
Mean reversion Reason: Only possible scenario which can conjectured.. Chance of success: 65% Entry & Risk management : to be updated Target: highlighted on chart
RSI is on the long term support since its been in an uptrend and price is right on the 50. Stop loss could be based on RSI breakdown and retest that puts the uptrend in doubt.
RSI bearish divergence. Looking for a pullback back to the gap after the FOMO dies off and gives back.
I love fractals. Here we have a micro bull flag embedded within a med. term flag embedded within a greater macro flag, wow. I called the recent btc price jump to 10k on my first video. I am calling this move to 11k. Price reverts to the mean and the mean is up not down - relatively speaking. Don't believe me, just watch. These times are only estimates: Target...
This looks like a nice technical setup for mean reversion coming straight out of an overreaction. The volume by price range shows the 3 clear points with a lot of price memory. Most holders that haven't sold will feel they are owed money and be looking to relieve the tension of the loss at those points.
SLV was for quite sometime was following a steady uptrend until broke out. It has now reverted back to exactly where it was 2 weeks ago. I'm expecting it to trade sideways within the narrow uptrend range, fake a breakout and then fail as the MACD cross under suggests massive downside. I'll be watching: - OTM Long 15 Put Oct 18 - ITM Long 17 Put Oct 18 - Short...
Back from Hols - Back to Trading - Back to Profit..!!! Weekly (W) Chart, Post Earnings showing good Pullback towards Mid BB%. W RSI is <10. Looking for S/R around the 52 level. Looking for Reversal to mean back higher. Aiming for 52.50 /50 Put Credit Spread with 55 Calls for directional Bias higher. Exp SEPT - As this is weekly Chart, looking to leave time to...
The downtrend that started more than one year ago is giving signs of reversion. Weekly suport holded the price and now we had a breakout of a chuvashov fork and also a falling wedge (if you look for this...) The RSI also broked a trend line and retested it like the price with the chuvashov fork. Price looks like is going up
At the end of a major long term resistance / falling wedge / bull flag Possible return to the mean of the downtrend channel Could easily POP, set you sell order to catch it! =)
Facebook shares have been punished for slowing growth, data breaches, and unauthorized uses of consumer's data. There is so much negativity in the stock price that this could be a great setup for the long-term investor. I believe the ship is righting itself here.
This pullback in AMZN shares could make for a long-term opportunity to pick up shares. Shares fell +30% and could be in for a nice bounce in 2019.
Since hitting lows in November, the trend has changed alongside increasing accumulation. This is a prior leader, which looks to be a value play.