Banks
BTCUSDTI don't think it looks good for BTC. The question is not if there will be a crash, but when. I think the big ones are investing heavily in order to cash out huge afterwards. I wait for a spike (lev 3 or higher) to go down afterwards, reverse to liquidate the shorts again and aftern the liquidation of the longs will follow. Investing hard in buying to sell after with a very lucratif profit at the end. I'm curious (:
AMC. The hottest stock and will be the worst. Bankster punish.AMC. The hottest stock and will be the worst. Bankster punish.
Bankster will not be okay with what reddit forum done with there money and positions. Big punish in its making.
Price is at big resistence wall and probably call wall. Put entry.
Stocks - XLF Elliot Wave ForecastIdea for XLF:
- For summer-EOY, will likely need to look at Finance sector as one of the leaders in indices.
Technicals:
- Price losing momentum (falling into lower channels), bounces appear corrective in nature.
- Distribution pattern formed.
- Ending diagonal broke down.
- Price very likely to sell-off to bottom of the megaphone pattern, 9M SMA, 20W SMA, 200D SMA.
- Usually the distributive sell-offs in indices form the W shaped harmonic structures, so a secondary sell-off is very likely.
- Then a corrective rally into mid July, before selling off in earnest into Q4.
Fundamentals:
- June 30, G-SIB banks begin stock buybacks, should save XLF.
- However, this is extremely bearish after an initial relief rally, see:
It remains to be seen if the buyback rally will fuel another bullish cycle, leading into earnings season, or will indeed be corrective in nature, so watching out for the nature of the bounce, should it come.
GLHF
- DPT
TSX Financials Inside Week Inside MonthI am leaning on the month eventually going 2 to the downside here and opening some further selling throughout the financials sector.
Correlation to the 10 year yield has been spot on for months now pay attention to see if it continues.
Would buy the dip if we see a nice pullback
$PYPL | WEEKLY WATCHLISTBasing very nicely after quite the pullback from the highs which looks healthy. This week, we can potentially see PayPal confirm upside if we can break above key resistance level shown. Looking for an impulsive move up to the $285-288 region. My fractal is denoted in the light blue candle pattern and lines up with my bullish thesis nicely. Just something to note.
EUR/USD | Institutional Analysis | Quasimodo PatternOn weekly timeframe, a potential liquidity could float below the double bottom. This is the most likely target. A continuation Quasimodo set up detected on Daily timeframe, so if we believe on our target we could grab the sell opportunity as described on charts. Additionally, we can find an internal liquidity, an extra reason for the market makers to push the price lower.
This opportunity seems to be safe as continuation with a strong target closely below.
Feel free to write your opinion on comment section.
Stay tuned with our ideas for updates and more opportunities!
Historic event timeline (single page) Mostly I tried to get the major events on one page;
decided to get 2021 on it's own - rest of the info going back to 2013
Zoomed in 2021 chart;
Just interesting to see this on a timeline and thought it was worth sharing.
See educational content below in the related ideas section.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Institutional Analysis: Too many retailers runs on profits1. Overall there is a downtrend in the market. So, we are looking for continuation.
2. Too many fresh buyers comes into play. This a sign of short term reversal.
3. Too many retailers runs on profits. This is strong sign of short term reversal.
Institutional Analysis: Strong Manipulation on Strong Support The price reached the institutional candle. Many sell banks positions will close resulting in a strong reversal.
The most demanding traders would expect the price to approach as close as possible to the low of the institutional candlestick, but even now the entry gives a good risk / reward and the stop loss keeps us safe from a break of the double bottom that has formed.
Trade is in the direction of the trend of larger timeframes, so it is considered safe although small timeframes are considered reversal.