hello everybody.
according to the technical analyze we can see the terminal trend in US oil.
and i think the trend in 1D timeframe become weak and i see a correction potential for that.
after we break out of disjoint channel that i draw on my chart we could have a pullback and after that
go down.
the first target for swing traders is around 93 94
and we can see a...
neowave : formation of a flat that have a terminal c wave confirms short signal.
also
harmonic pattern : formation of a butterfly pattern confirms the short signal.
If you are wondering what you should be doing in terms of trend following the equity indices these days, I promise you are not alone. This multi-month range-bound "bull market rally" since December has turned into a money-printing extravaganza for everyone who is not in the business of making money in markets. The disequilibrium between "normal expectations" of...
Detailed continuation of the idea linked below.
Hoping at least three people tell me I'm wrong.
Before you do, this last "C" count is based on my opinion that it is a terminal pattern with a 5th wave horizontal triangle, so keep in mind that many of the typical rules (mostly overlap) do not apply.
TVC:SPX
I've been both a BitBull and a BitBear recently. I've also been incorrect recently when subjecting my opinion in either direction. Thus, I am going with my most objective BitPig analysis today and providing what appears to be the most likely scenario. Although it is ultimately Bearish, I am not a Bear in this case. Just BitPig with a BitDream is all.
BTC may...
Signals:
Terminal flag in Trading range - 3 bottom Buy Divergence on decreasing supply & Increasing demand. Four Month Non Climactic accumulation pattern
Entry 2.83
1st target $3
2nd Target $3.25-3.30
3rd Target Retest of 52W Highs
Stop Loss- $2.75
**May re-enter on Buy Stop above $3 if stopped out
I'm long TSLA from here, risk is $19.83 per share. I expect a short squeeze rally to come after the merger news come out. If price drops lower, I'd look to buy near $150, but I doubt it'll happen. Long term, buying in this wide range, between 150 and 200 is possibly a great trade.
Technically wise, price appears to have formed a falling wedge, maybe the last wave...
