Since every dollar of price action is raising concern in either direction, let’s take an in-depth look at what’s happening with the price of Bitcoin. On the weekly chart (left), we can see the RSI is just starting to pivot and we can see the Stochastic RSI will have a cross in the coming weeks, usually indicating an uptrend. Price action has been within the same...
Risk and Time are in opposite sides of a coin. Meaning what is unknown equals risk. Markets are forward pricing mechanism, meaning when something is known - usually was already priced in (bought with risk). H.Marks theory was you should buy things in advance, when there was hypothetical most risk; in practice it would be the least risk (as shown in graph). As...
Pretty cool feature. You can use the 9month moving average in S5TH (spx stocks above the 200dma) to time the market cycle. Figure out the upward momentum (with help of game theory and TNX cycle). In practice and theory peoples options should be predictable because everyone act in their self-interest, seeking safety (hypothetical riskfree) and potential. I use...
I will look all the yen pair based on my analysis on usdjpy. As USD/JPY has higher interest differential compared to eur/jpy ,so it would follow similar pattern. this is the usd/jpy analysis So I think there is an opportunity to get into the countertrend setup to the level of resistance before we analyze for short!! Follow me for another Setup
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
All stocks go thru 4 stages, sometimes each stage can last months or even years, and it's not always easy to recognize like it is on this chart. Stage 1: Accumulation - buyers coming in stopping the down fall, and the stock starts trading sideways. (Wait) Stage 2: Markup - Bullish phase, where traders and institutions start buying the up trend. (Buy) Stage 3:...
This is what makes the most sense to me heading in to October... Monthly wicks respected although the monthly candle actually closed in it's lower 3rd I'm bullish on all TF's 181.60 is a valid MP, OB, TL/Retest, FVG and last weeks opening price... IF we pull back this far we will also be hitting the 0.7 fib level and I fully expect this level to...
Bipartisan Group in Congress urges spot Bitcoin ETF approval as SEC punts: Bitcoin saw a mid-week bump as a bipartisan group of Congressmembers urged SEC chair Gensler to immediately approve a Bitcoin ETF. The SEC delayed a number of spot ETF application decisions as a US government shutdown looms. By the end of the week, bitcoin was trending higher, sitting...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD...
Updates: G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity...
Technological Innovation is Compounding Technological progress has huge impact on the P/E ratios of companies and the S&P 500. Technologically advanced companies naturally have a higher P/E as it's expected from them to have better future earnings. One of the ways better future earnings happen is through efficiency leaps. These efficiency leaps are important to...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider...
There's not a large amount of institutional money in BTC. Due to this, I use a loose interpretation of Wycoff paired with Elliot and Fibinocci. I feel we established a solid floor for potential Wycoff phases to play. I feel we swept the liquidity built by early buyers. While this spring was atypical, it did provide a perfect grab for sellers who believed we...
$GOOG has created a massive hype cycle (wall street market cycle) that looks like it's due for a crash. Enjoy the short!
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that over the past couple of weeks, the Nasdaq had an insane rally towards the upside of roughly 25% and is now approaching weekly resistance. Considering the fact that the overall trend is still very bullish I just do expect a short term...
G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Three, Four Day Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider...
I have two different trading channels highlighted on the chart. The first predates the post-corona bull market. The second shows a long period of consolidation on the Chainlink weekly chart. The first channel lasted for a year before LINK exploded to ATH over $50. The second channel marks a year in May 2023. Chainlink has completed a full market cycle and if...