log short volume for uvxy reaching a zenith (UVXY_SH)as you can see the awesome oscillator for uvxy short volume is about to go negative. the last time this happened was the corona dip. when short sale volume plummets, a squeeze begins that sends uvxy flying. the logarithmic scale helps accentuate this divergent phenomenon. i expect this means we are headed for another leg down in indices. as we enter fibo time zone 13 uvxy short sale volume should be in for a radical shift.
Beyondtechnicalanalysis
ECHO | GBP/NZD - Short opportunity.Markets are finally moving again. As anticipated that bullish GBP sterling movement has been found. Helping us reach our TP and swing movement across GBPUSD previously mentioned. Seeing the huge bearish movements based off of weekly downtrends. A good retracement upwards will provide us with a nice entry to potentially short back down to a local level.
We have set a pending at spot price area 1.94000. But feel free to grab the order on the fibonacci as well, 1.9400 is more of a psychological level. Furthermore these are the reasons for this pending:
- Round level at 1.94000
- Retracement second leg to continue downwards
- Fib retracement on 38 significant swing high -> low fib
- Pullback to ema's
Wide stop of 50 pips should give it enough room for it to swing downback to the local low on lower time frames.
ECHO
In the end, "All the pieces go back in the box."This is an off the cuff video that has me discussing a very important trading mantra that I came up with years ago. I still repeat this phrase to myself a few times on a daily basis, while trading.
I feel as though the compartmentalization of your "real" life and your trading life need to be put in place. Otherwise, not only will you make consistent mistakes due to aggravation, you will end up completely losing your mooby-flippin' dome after a while, kid.
♠️🐿🤫
its the update of my Feb 21 idea (go to related ideas)As you can see, Bitcoin has hit the middle blue resistance. The first static support is in the price range of 42400-42k.
The level of 42,000 is very important. In the first stage, I think the price will respect to this level.
Otherwise there is a possibility of moving to the next dynamic support line.
Another point is the weekly RSI . its near to the 50 line .it usally is the suporrt.
can bitcoin break the green dynamic resistance or double top!?Bitcoin has hit the dynamic resistance of the green line area.. so its very important to break this area