Krash
SPX / D1 : A dangerous pattern could cause extended losses..Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
Indicators used in this forecast are PRO Sinewave & PRO Momentum .
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
HSI / 2008 vs 2018 : Feels like "Oops I did it again" !!!The comparison is easy, the debt level is even crazier than during the last credit bubble that bursted 10years ago.. Real economies just started to get over it but it seems like traders haven't learnt anything for the previous crisis !! As I always say... trading is about cycles and no matter how ofter I hear "This is different now..." or things like that... the thing is that cycles repeat through time.. credit bubbles or speculative bubbles have always burned the markets even though the economy was looking good and strong... Will we repeat the cycle again... I tend to say yes ! But it's too early.. Sure thing is that I'll have a close look at what could happen on the same fibonnacci extension than the one that triggered the previous krash ! Just in case ;)
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
BTCUSD / H1 : One more short at 11.2K.. adding to 13K & 17KAfter the perfect shorts on both 17K & 13K (the indicators also gave a perfect signal on 14.3K but I simply missed it !!).
Anyway today another signal came in.. allowing me to reduce my stop losses again and afford a new reinforcement on this very nice Sinewave + Momentum trading signal right in a price area I was waiting for.
We're one step forward to the possible krash..
I'm not saying this will happen for sure, just saying it's getting closer to it.
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
BTCUSD / D1 : Feels like "I told you so" !Despite the funny tittle the truth is here, I warned you weeks ago about the risk of heavy bearish signals slowly taking over the bull trend that built that speculative bubble trend.
PRO Sinewave & PRO Momentum were reversing short for a while...
I've been facing quite some resistance when I warned ppl in the crypto chat right here in tradingview ! But the fact is that now it feels more and more probable that I was actually right !
Its a bit too soon to tell but anyway the signals are very weak !
BUT i still recommand to be cautious not to be too bearish either. Why ? Because if you have a closer look at Sinewave, it's now showing an early bull signal..
What does that mean ?
It means that now we need to keep prices downward cause if we see a bullish candle reversal, then sinewave will reverse to bullish !
That doesn't mean the market will reverse, cause Sinewave cannot be traded alone... it will require a Momentum confirmation.. BUT nonetheless this Sinewave reversal (if it happens) will have to be considered.
Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil