EURBGP makes history, easy short
I’ve went back to 2000 and looked for any periods of time where the EURGBP has had more than 12 consecutive daily candlesticks where the Open was greater than the Close. Never. In fact, the most I found was 7. So this is a pretty extended move in time. And it’s a straight up parabolic rise as well. This is very much what Gann would...
The white line marked with a white arrow is the center line in a schiff pitchfork connecting the 2014 and 2019 bear market. This line played a role as support before our drop from 6k to 3k, and it is currently playing a role as very strong resistance. We have hit this line twice now and price has failed to break through. Within that same pitchfork just one line...
Background and Current Analysis
I did some research into the recent news surrounding 10 year yield curve inversion , as well as did some chart analysis. In short, backtesting the past yield inversion event, as well using the Ichimoku cloud (a reliable indicator which only signaled 4 times since the year 2000), there's no doubt we're heading into trouble within...
Yall better get ready for this ride, its going to take awhile, but the technicals line up, wyckoff distribution, approaching an order block, we are about to CRASH
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VIX - Elliott Wave Outlook
Pattern:
Leading Diagonal in Intermediate (1) (blue)
"Bullish" Divergence soon to launch a spike
Next expected swing:
Violent rise and a spike in volatility in Intermediate (2) (blue)
Structure change:
An impulsive continuation...
Time for a necessary update on the stock market - namely the Dow Jones Industrial Average. I decided to draw this one using the pitchfork tool, to create parallel channels for accuracy. My other DJI charts were drawn with more of a wedge. This chart uses a slightly different model, so some price targets may be revised from my initial speculations.
Back in...
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VIX should be able to resume the down-trend soon and complete the "greed" cycle, which in turn would translate bullish momentum for Indices and a postpone on the inevitable Market Crash sequence.
If however a break-out would occur, then a proper spike could...
Hey, been a week since I've uploaded. I go over my thoughts on why this is, theoretically, the top for bitcoin this week. It's certainly been a long month as far as trading goes!
CBOE:VIX TVC:VIX AMEX:VIXY AMEX:VIXY
TAL COMO ADELANTARA OPORTUNANMENTE, NUNCA EXISTIERON AVANCES DE NEGOCIACION ENTRE EEUU Y CHINA CON RESPECTO HACIA LOS ARANCELES.
SINO, UNA ESTRATEGIA COORDINADA CON FONDOS DE INVERSION PRESOS DE POSICIONES IRREALIZABLES, YA QUE SE POSTERGO DICHA CONCRECION DE NEGOCIACION EN TRES OPORTUNIDADES, ALGO QUE LA SECUENCIA DE PISOS...
Hi guys, Hope All are you well. I am sorry for being late. These days I was hunting Market. Ok< Lets talk about main topic.
If your search BTC.D on Tradingview , You will get a chart of btc dominance calculated by tradingview. I will attach a PICTURE too here
So, As you can see here we reached Btc-dominance of 58.18, for me I think market will reject the...
I'd be fully prepared for a jump back to 5k8 but I dare say that rally will fail. If it happens and does fail, we're most likely gonna be going back to looking for support around 4k8.
If that support fails, it's back to the 4k range.
If that fails.. Welll.... I'd expect a 2k8 BITTREX:BTCUSD within months.
Support Levels I believe that would need to...
Google suffered the biggest one-day tumble in its history - some $70 Billion wiped out ! Alphabet announced about 2 hours ago that Eric Schmidt the CEO for the last 18 years, will resign from June 2019, and will not seek to be re-elected. This is not great for investor confidence in the short term. Schmidt's resignation won't cure Google's woes anytime soon....
If you've never heard of the Yen 'flash crash' on 3rd Jan 2019 (after a 4 day bank holiday in Japan), you definitely need to watch this. We have a 10-day bank holiday in Japan in Golden Week.
The previous mini-crash was on one day. Loads of retail forex traders were wiped out. Now we're staring at potentially something more than a mini-crash on Yen pairs.
What...
