US30 (Dow) - Confirmation - Retest of 21500 complete and price below 20 EMA. Expect downward momentum. Use Stops, Trail Stops, take Profits. Lets Eat!
US30 (Dow) - Closed below the 20 EMA - Expect Volatility then drop. FOMO will cause traders to try to buy the market up again. But there really isn't any value. Companies still have no revenue even though the Government passed the Stimulus. Otherwise, wait until price fall below the 50 EMA to enter. As always use Stops, trail stops, take profits. Time to EAT!
US30 (Dow) - Waiting for price to close below 20 EMA to end the bounce and for the continuation downward. Use 50 EMA otherwise. Use Stops, trail stops and take profit. News can continue to drive this up but the numbers will drive it back down. Companies have no revenue!!! Be Patient!!! 'Tonight We Strike!!!' LOL Market Hyenas - Where everyone EATS!!!
US30 (Dow) - Expect bounce and then drop- If congress agrees on stimulus, then bounce may be bigger. End the end, their will be a drop to 18282 again. If that does not hold then 16000 will be the next target
Target Hit 181282 - Expect Bounce and Volatility from here. Market Hyenas - Where everyone EATS!!!
US30 (Dow) - Target 18282 - Expect pull backs and volatility! - Use stops and trail stops to lock profits or break even - there will be many opportunities to re-enter a trade - The big boys will try to buy the markets up(they have a lot to lose). The bottom line is they can't create value were there is no value. Companies with no revenue cannot maintain value...
US30 (DOW) - Looking to Sell Drop below 50 EMA or touch of 0 Fib line? Using stop loss and trailing stops. Target 18282. Market Hyenas - Everybody Eats!!!
US30 (DOW) - if price cannot recover, the next target is 18282 (I don't want to believe it either, but the charts don't lie.) . Expect volatility and retracements. Use lower timeframes for tighter entry. Also have protective stops in place cause, in this market, anything can happen. This kind of drop is historic. We haven't seen a weekly bear candle like this...
US30 (DOW) Expect dip down to 21500 then bounce then must hold there or we will see drop to 18282?
US30 DOW - more downside possible? Is the EVENT over? Will previous support hold? Or are we headed to 21500?
BTC Bitcoin forming reversal channel as it approaches the 50% retracement level. If the channel breaks to the up side then BTC will be on the move again.
US30 Crash? If the levels continue to break US30 will go to 21500? This is the last trading day of the month. It is looking like February will close the monthly candle out very bearish. This could be the beginning of a longterm downtrend?
US30 We will have to watch how the month closes. The Monthly candlesticks from last month and this month are very bearish(tweezer top on Monthly?). When you look left there are no similar candles of this magnitude as far back as 2015. Could this be signalling the BIG RETRACEMENT?
Daily View of US30 - See Monthly Analysis also - US30 We will have to watch how the month closes. The Monthly candlesticks from last month and this month are very bearish(tweezer top on Monthly?). When you look left there are no similar candles of this magnitude as far back as 2015. Could this be signalling the BIG RETRACEMENT?
Bitcoin BTCUSD - breaking out of flag pattern and continuing towards TP. Major Daily fib ABCD retraced from 61.8 area now continuing up?
Does anybody see this Bitcoin BTC flag pattern!! Confirmation that we are leaving the Fib Golden Ratio behind? Lets go BTC!
Bitcoin - BTCUSD - resistance turn support held. May retest again but looking long? Risk to reward 1:5. Lets Go!
EURUSD - retesting resistance turned support. Also in golden zone. Diamond Fib indicates TP1, TP2, TP3. 1:3 Risk to Reward Ratio to TP1. Rules?: 1. Take partial profit at TP1? Taking partial profits impacts your Risk to Reward ratio. But it is nice to walk away with something. 2. Then move Stops to break even? 3. Trail Stops at each TP level.