Analysis: EURJPY formed a few Double-Bottom (bull) price patterns that are nicley visible on the Monthly Chart.
More recently EURJPY has formed a Reverse Triangle consolidation pattern. Should this pair take out resistant levels between 130.00-135.00, it could literally blow the roof off, and go much higher.
That being said, we could possibly be in massive...
BTC is performing a huge inverse HEAD & Shoulder pattern in 1D time frame. According to my previous analysis BTC has been unable to broken a very important resistance line. However this inverse H&S pattern will be perform well that resistance can be broken easily and we can see a huge pump in BTC within few weeks. So traders very carefully about this trend line...
I do not want to get into details about fundamentals etc we all saw wish quarterly results but with some much retail in this stock i was expecting a huge decline, the fact that retail investors all over the web are so pissed about wish and start panicking and exiting their positions is a + for me as i hold a long position.
Now there are some interesting things i...
IMO we are running an irregular/expended abc correction after the meme frenzy with wish. In combination with real meme stocks crush what I see is a lot of forced liquidations and retail exiting their positions due to lack of capital ( most of them all leveraged). Take also into consideration the massive options expiration this week.
Therefore I expect a massive...
