It looks like a big drop ahead!!!Just my own thought on BTCUSD. It is very risky to enter long or short here anyway.
DROP
EURUSD SHORT LONG TIME FANTASTIC POTENTIAL STRONG LEVELS £$ Drawn S/R horizontal lines on W1 very strong levels coincide with diagional ray and key Fibonacci levels.
Fib retrace shows 23.6% reversal occurring, Ichimoku suggesting a bounce off kumo -
Channel Commodity Index reverse also respecting diagonal channel.
First target 0% on Fib retrace, trailing stop from then on -
Stop based on historical kijun-sen flat line, slightly above visual red stop level on short position target
Good luck and happy trading!
GBPUSD CABLE SHORT LONG TERM BIG DROP COOKING £$Drawn S/R on W1 very strong levels, Fib retrace shows 38.2% reversal occuring CCI Dropping. First target 23.6% - Second 0% - Stop on kumo support but will we test it at all? who knows :)
Stochastic Pop and Drop Strategy - Jake BernsteinHere is another strategy code for Jake Bernstein's Stochastic Pop and Drop.
Follow the link -
Unfortunately, I do not have any videos on how to use these, The Link for reference posted with the Script will give you enough information to trade.
Enjoy...
UCSgears
Bi-directional Trade IdeaIt seems like we are likely to form a pennant here.
Give it some time before it breaks out / down.
Keep an eye on volume for confirmation.
Meanwhile if you are not patient enough you can try to catch the local tops & bottoms in the pennant, but only in the early stage. Once it gets squeezed further it just becomes unprofitable.
Other annotations on the chart.
Cheerz : ]
IBM Bump & DropFollowing current trends I want to call a price somewhere around $118 going into as far as 2016. It really doesn't look like this company has any more room to grow and a fall in share price is coming.
I have a feeling IBM will gain a bit more, possibly testing resistance again up around $205 making a good area to get shorts in.
The resistance arcs are more for arch views than any real calculation, the idea is the general reverse bowl shape being formed.
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Cheers!~
& Happy Trading!
Hold of on any real orders till we see motion one way or another, my outlook however, is quite bearish.
