a closer look at what I'm waiting for. Enter only with confirmation. We still hadn't hit the higher time frame's resistance or supply.
We predicted this V-shaped stock market recovery one month ago in one of our videos. Happy that it has overcome the fall of election results day. But a retracement is due now, hence trade cautiously. A perfect time to invest for long-term investors in fundamentally strong and sector-specific leagues
Today put in a Squat Bar (Bill Williams Theory) as well as a Wiseman Div. Not what we want to see. Bulls don't want to relax here, it's not a good spot to take a rest. If you're in good profits, now may be a time to take a lil off. Or tighten up stops etc. The sector chart I referenced ( Communication, Discretionary, Energy etc) didn't show in the video, I...
Quick technical analysis to I'm sure people aren't just jumping in because price is moving out. You would want to look for other confirmations before jumping in at this point. Price still does have the potential to go down. So take advantage of the time to observe the price movement over the next couple trading days. I would like to see price get back above the...
Disclaimer: The above Idea in the chart NSE:BHEL is just for educational purposes only. Do share it if you like my idea and I'm open to suggestions as well. thanks.
Had a great day yesterday so being cautious with entries this morning. Nothing immediately on the radar but there is a potential for a pullback on AUDUSD. GBPUSD is flying, had a sniper top entry yesterday (blog post review coming soon) so I'm anticipating more of a range top this time around. EURAUD is back near the lows which is interesting, could point...
Trade with caution as SPX500 continues to push through and reaches all-time highs. The market can be very unpredictable, Very volatile, and vulnerable to News Impacts. Expect Pullbacks!
A better view of the probable end of the trend. It,s good to keep a close look here, and a closer look at your money.
The answer of course is, I don't know, and neither do you. It's all about probabilities in the end, and proper risk management. Personal psychology. That boring, hard stuff. Let's be real, TA is the easy part. The fun part. The glorious part. So here we are... A) Just over a year ago, we found ourselves here. New Lows formed. People calling for 1.2-1.8k. ...
So far things are looking ok for the Bulls, and their backlash since 6.4k. A) Was our initial push out of that 6.4k touch. Breaking structure, giving our first indication the downtrend may be reversing. B) Gave us a near perfect 50% retracement.....A slow ball over the middle of the plate. Engulfing Bullish candle and all at the bottom to kick us back off to...
Macro/Mid Term is still Bearish, yadda yadda.....I've said it every post, we broke above 7250 as I anticipated, and Bulls were unable to hold it, as I also mentioned to look out for. A) Our recent drop created a couple "inefficiencies" in price. I'm targeting those for the short term. B) We cleared previous micro highs (pink box) and began correcting. We're...
Looking at the daily triangle formation, its wise if we take away some profits now, and wait for the daily close to come out of this triangle above. Reason to take away some profits is that it go down and do a re-test of the 50% retracements. PS: it is not a financial advice
We got a perfect A=C correction here wich stopped at 1460 and we are now seeing a big bullish candle due to a very bad ISM Manufacturing PMI. This could be the start of a new bullish trend but it's best to have a 5 waves move up first before making such statement. If we see price reverse and go lower, then we can consider the correction is ongoing.
As you know I have in mind to buy a large amount of Matic Tokens as a Long term "hope" or investment -sort of thing. My main hope is to get the money to do it before it goes out of my reach. I am not totally convinced myself about the possibility to get paid the most needed money on time to achieve my wishes. --- ---- ---Well, who knows! The way I see the...
Hello guys! I have some BIG warning signs for you: Bubble Theory: Do you really believe we are currently in the phase of a sucker's rally when everyone is shouting "BUY". I'd rather hear my friends ask me "Do you still believe in this sh** market???". Than I buy! Emotions: --Last week, friends and family came up to me and asked me how they can invest in...