US30/DowJones Long (short-term)Trendline drawn from 4H TF. Lots of rejection to the downside as you can see in that zone. Will look for confirmation to enter with a small lotsize as i'll need to place the SL about 80 points below entry, below the trend line.
Inflation report being released tomorrow 1.30pm GMT and if the results are bad (i.e. inflation is high/worse than expected), we'll likely see a drop on indices as investors drop out... hence why this set-up is a short-term one.
Updates to follow.
Dj
DowJones/US30 ShortTrendline identified from weekly TF. S&D zones identified from 4H TF. Looks like an 'M' pattern has formed on the 4H so i'll be looking to sell in time for NFP tomorrow. May keep one position open through it.
Big Crypto Sell Off On The Horizon?Factor 1: Elon Musk selling some of Tesla's investments in BTC & publicly denouncing it, removing the ability to pay for a Tesla with it & saying it is not environmentally safe.
This could lead to many other companies following TSLA & opting out of the use of BTC.
TECHNICALS:
We are looking at BTC on a Daily Chart.
RED LINE - DAILY
GREEN LINE - 4HR
BLACK - MNTH
BLUE - WK
As shown BTC has broken out of a MAJOR Weekly Uptrend Line and is heading towards a $40K Support level.
From there its possible for BTC to rebound to 47.5 - 53K Area to test if there is still any buying interest.
If not BTC will have a HUGE sell-off to around $27K....
BREAK OUT UP OR DOWN? Follow me!We are looking at a break in either direction before this Sunday closes
Get Ready! Market Crash!!!Market Crash is imminent. March 11. This is what the corrupt criminals running DC have been praying for, so there is absolutely no reason to think this scenario will not play itself out. What are they doing to stimulate the economy? Anything? Nope, the exact opposite. Prepare for the worst because it will probably be much worse than you thought. Look at the chart closely, the Dow literally has boxed itself into a corner with no where left to go but sideways or down and all indicators point to down. Like right now, this very minute. If it does find any support, it will only be temporary. Watch for the top blue line support, once this line fails this market is finished and my guess is for a very long time.
DJ showing a short but main trend still shows as longFrom this analysis using a fractal method, the copy stood and is now showing a downside projection
SPX500 ON BEARISH SHARK PATTERN...Its is a completion of shark pattern unless Trump tweet! any more highs will cancel this pattern.
SPX Short for many reasons!Its look like a fake bounce, just wait for bad news to short that SPX500, GOOD LUCK.
Let's discuss...I'm considering this trade, I'm not too familiar with fib but I am trying new strategies. Any recommendations would be great! Currently a very over bought market on my stochs. It has already fallen -0.16% for the day from its high. I recognise these are unprecedented times and anything is possible so would like some outside perspectives.
ROKU - New Sell SignalNew sell signal is present and securing profit from the long on the way up too.
We posted the buy from memory so I hope some of you caught it too.
Regards
Darren
US30 Give aDeath KissAfter DJI slumped yesterday, the index rebound for touching the broken trend line..
Where are the sellers? As he said..Three resistance points with decreasing in trading volume & Fibo. 88.6 ... is that enough to go down?
NESTLE (NESN): Catching Bullish Wave
hey guys,
nestle is trading within a bullish flag formation on 4h.
last week a key daily support was reached and now we see a strong bullish reaction from that.
if bulls manage to break through the resistance of the flag, we will expect a bullish continuation to recent structure highs:
106
108
good luck!
SPX500 WITH THREE SCENARIOSSPX500 with three harmonic patterns scenarios in progress Bat, Anti shark & Crab, and the more probable the bat pattern (Green) because it is same point of the SMA 200.
