PipMiesterStronger

PipMiesterStronger

This broadening wedge has finally topped with a very strong rejection at the fill of the original ATH impulse. These are distribution patterns and could be forming one of the largest topping patterns yet seen. We had an extremely steep trend line that was shattered today with a gap down. This is likely the beginning of the long anticipated bear market. Topped...

PipMiesterStronger

It appears the top may finally be in, for a potential market cycle change. There were many times where I thought It could be the top, but they were very premature. We have broken down quite impulsively and closed below the channel with a 4hr candle. Now we are back testing the channel in the middle of this critical earnings season. Reporters will need to say...

PipMiesterStronger Updated 

Hello Once Again! I would like to point out our historic 10 yr support which has recently been back tested and surpassed. We first broke this support on October 24, 2018. Since then we have been living under it for nearly a year. Speaking of a year, HAPPY NEW YEAR World. Which reminds me, its so funny how these markets seem to react to a new year. For...

PipMiesterStronger

Friends family countrymen .... Forgive me but... All acts against humanity are & will be answerable to. This world = smoke and mirrors One is not so easily tricked. wrath is stored against criminals guilty of oppression, manipulation, and murder. Lucius Trust's themselves & knowledge and call it light? Unlimited Power and Lies are robbing, oppressing and...

PipMiesterStronger

Hello Once Again Friends, I have decided not to post because i really have ran out of content. I really have said everything i had to say way back about a year ago and up until a few months ago.. Now, I have been patiently waiting to just post one time, when it really matters. So This is an unbiased approach. The technicals on this market are at an inflection...

PipMiesterStronger Updated 

Back in October of last year when I started to Proclaim that we were heading for a bear market very soon, we have since done NOTHING for almost 2 years. Really we are just about at the same price area that the market was at when I decided to enter this market short. It was a beautiful set up. If you were following me at the time then you might remember. Also,...

PipMiesterStronger Updated 

I believe it should be evident that the top has been put in on this two year topping pattern of : Bear Wedge / 3 Drive Bearish Divergence (M) Now the fun starts. GL

PipMiesterStronger

Crypto has exploded from its lows which almost grazed the ever ol famous bottoming number of 3k that many Crypto investors had been targeting for a bottom for much more than a year. Its funny how relative prices are. Did we bottom or have we yet to bottom? I have no clue. At 3.2k I was wanting to see some volume signature that resembled capitulation. But it...

PipMiesterStronger Updated 

This topping area has taken 2 years to top. That would make this top a HUGE top and we could presume it could take more than 2 years to play out the bear market. To me this top is similar to most tops before bear markets, expect that it is much larger in every way than any other top. This top is the Top to rule all Tops. What could this mean. You do not have...

PipMiesterStronger Updated 

I wanted to get something out for my followers, in case they are in front of their computers day trading this monuments event. The Fed is going to reveal to us their divine wisdom on interest rates if they will cut or keep the same. I am a firm believer that the chart is our ultimate guide to the future of news events and decisions. I believe the bulls have...

PipMiesterStronger Updated 

Too much of the world's surprise, BTC Got a Big shot FOMO pumped into its veins. Are emotions are fickle. All that matters is supply and demand. I am not doing much with BTC right now, because I am still fairly convinced that we have not gone through a real consolidation phase to end this bear. We did go lower, but it was only for a few months, and there was...

PipMiesterStronger Updated 

Bounce Complete, now lets Peg the top too. I have decided to go with the pitchfork type drawing today to show that at the end of everything for a year and a half we have been oscillating around this ascending channel if you will. This channel is not a pattern of itself but it is following a bullish breakout that rose almost 100% in price over 6 years. Now,...

PipMiesterStronger Updated 

Benvinedos a este episodio de FUTBOL Internacionalllllleeeee! Great Britain V. Japan There are many reasons that this will Go down from here. But most of that can easily be seen from the larger TF chart. GBPJPY is producing an very nice ascending channel with lowering volume. Also, it has breached its breakdown point from earlier which would imply this...

PipMiesterStronger Updated 

I have a bit of a fractural idea to share. I am not even sure if you would call it that or not. I am just anticipating similar price action that we had seen once we first broke our bullish trend back in October of last year. I have outlined that area with a box. Now I believe that we could see something similar to this same type of consolidation here, but with...

PipMiesterStronger

Futures prices show a better picture of how we have an ascending wedge at this Breakout level. Bullish Breakouts need to be impulsive. If not they are a trap. My last analysis had two areas I was watching for a bounce, 275 and 270. 275 held as we passed through it initially but it regained strength and held and bounced. Now that we have bounced many people...

PipMiesterStronger Updated 

In my last analysis, I explained that were within a pennant formation. we have since broken down out of that pennant and successfully backtested it as resistance. So far resistance has held, and so we are rejecting until we get supported. Price closed right on our horizontal Support for this move. This makes it its third touch at this extremely important...

PipMiesterStronger

Considering the past year of consolidation and perpetual weakness in this market I am watching for an impulsive break down of this pennant. If we do break up, then I would be very cautious as it could very well be a bull trap breakout, where it reverses and breaks back within the structure. A conservative measured move from our initial selling leg would...

PipMiesterStronger

Back Testing Ascending Channel. Running into Horizontal Resistance At the resistance of Spy Tops ( Light Blue) With the Market Cycle Conditions and seeing the confluence of resistance all coming int at this area, I would say that this bounce is all but played out. I would expect to see the selling to resume shortly. When we do reverse I would expect us to hit...