oil possible reversal now fouble top pattern detected and the neck is broken and retested now i suggest as follow
entry price : sell stop @ 81.40
Tp : 80.30
SL 82.30
TOP
First 4 hour cross for both IXIC and SPX since Mar 2020The 4hr 50 EMA just crossed the 100 EMA for both IXIC and SPX.
That hasn't happened to both major indexes since the COVID crash in Mar 2020 and the 2018 interest rate tantrum prior to that.
Tesla : Top is inYesterday Tesla went above 780 and looks to have completed wave B. The internal structure has wave (w) = (y) and wave w of (y) = wave y of (y). With the EW count completed, there's a big chance Tesla has topped.
Possible 10% drop on Kinepolis group (short trade)After looking at the FIB retracement levels this is the ideal RR to open a short position on Kinepolis group. TP would be 50.55, SL would be 58 wich makes it a 2,3 RR
Tesla : Close to the topTesla has 2 EW counts at the moment that show a top is near. Either price goes above 780 to finish a double three corrective wave B or price stays below 780 and this rally was wave C inside a bearish triangle wave B, in this case a top might already be in.
If price will go above 780 there will have to be another leg up inside the corrective wave y to form a triple three corrective wave. Inside this wave price would now be in a 2nd wave X, which has already finished, will become a triangle or will have another leg lower to around 700 and test the trendline support. Once this wave x is finished a last rally up to above 780 and the bigger wave B will come to an end and the wave C down will start.
Next couple of days will be very interesting.
Good luck!
BTC DIAMOND TOP - NOT AGAIN!?Are we repeating previous run? ending with a diamond top?
Indicating a retrace to 37k.
- Goodluck
TOP on Nifty is done. At multi year extended resistancAs one can see, Nifty today completed its upward journey. It was in a parallel channel for past 18 years and when it broke it, it went to the new parallel channel and top for that channel is touched today.
So, it's time to short nifty and sit tight for good levels.
Go long on nifty only when break above 18000 now.
easy tutorial on how to make money in markets the easy way.As you can see all explained in chart - just buy bottom and sell at top as i demonstrate in that chart.
Tesla : Spike and reverseTesla looks like it's about to complete a double three corrective wave from the 540 low. It is important that the 780 high breaks to complete the wave. When this happens it will be the end of wave B. This will be an important top which will lead to Tesla going lower and eventually break the 540 low with possible much lower prices. Short term the chart shows a rising wedge from the wave x of (y) low at 627 but this is not a valid EW diagonal, the correct wave count will show a triple three corrective wave to finish wave x of (y). The timing of this top comes very close to the next fed meeting, possibly some negative news from there most likely tapering or interest rates related.
Alternative count has price not breaking 780, which would mean price is in a bearish wave b triangle. The result will be the same with lower prices.
Good luck.
RARE Wyckoff Distribution + PERFECT HarmonicWhat we are witnessing is the imminent stage of a distribution cycle happening before our eyes. Two of the great minds in charting, Wyckoff and Scott Carney's theories are put to the test. There are two differing bearish structures that are indepent of each other and authored by different people, but are currently simultaneously visible on a large timeframe, the 12h, at the same time. This is what we call confluence - several indicators and/or confirmations lining up conjunctly.
Refer to Wyckoff's Distribution Schematics that you can find on the web to correlate the ABCDE phases with the current price structure on your own chart. I left it out on this chart as to not clutter it.
For the short term, I expect a run-up to 49.2k ~ 51.2k before we collapse much lower. I will make a seperate post about this, as I have found a harmonic pattern on the hourly timeframe to confirm this.
For my accuracy, please click my profile and see my previous posts. Good trading wished to all of you, frens.
LAST BLOWOFF the HIGH FOR THE YEAR The chart posted has been enforce for sometime .I feel that we have now entered the 5th and final rally to which a sharp decline of 7.8 to 11.8 OR MORE will be seen after this rally that started today !! IT COULD THE HIGH OF THE YEAR !!
BTC HASN'T TOPPED YET! (TOP @~74.300$)! ONLY 50% from now!I believe BTC hasn't topped yet.
Reason being is that if you use fib retracement on the previous bull runs,
the next that occured hits or surpasses the last level of the fib.
As you can see on the chart we haven't topped it yet on this bull run. My guess is that the top will be
around at 74.300$ that's ~55% from the current price.
Then it should end this BTC SEASON and then starting the ALTCOIN SEASON!
Now I never said that it has always to hit the last level! This is just what happened before.
Apple at its last stand. Third top completedApple at its last stand. Third top completed. Divergence pattern.
S&P500 Danger Zone - Jan 2022This fractal seems remarkably similar in structure to S&P price action in recent years. Should it continue to follow, we should see the top come in in January 2022 - suggesting one last blow-off top for stocks in Q4 of 2021.
BTC path to new ATH - But first 37k!?Take a look at my previous post where I predicted that local top, this time im predicting 37k btc after a leg up first, this is based on the wave theory like we saw at previous run up.
Still this has some speculation in it. Do your own research.
After a year of sideways NTFX gets some steamNTFX is moving up, but I'd expect it to take a breath soon, maybe up by 630.00.
ES getting wound up tightYou can see that ES is winding like a spring. Here it sits between the 2 green support and resistance lines and narrowing Bollinger. And also looking at daily volume it is pretty low. In last month we hit lowest volume in 3 month and 6 month period. All this to me means we may be at a high and in for nice drop.
Do You want your Capital grow by 200% ?Do you want your capital to grow by 200%? slp ---- slpusdt
There is a good opportunity to make a profit in the Slp chart
A very suitable and strong divergence is formed in Macd, which if a wedge pattern is broken, it can lead to a sharp Uptrend to the 0.4 usdt. ( 200% profit )
Just be careful to see the confirmation pattern Breakout after the Break of wedge and do not fall into the trap of a fake Breakout.
If you want to enter the position safely, after the Breakout of the pattern, wait for retest the pattern, and then enter the Bullish position with a Bullish Candle pattern.
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Hamid Mojarad
Trader and cryptographer
Consultant and investor of reputable investment companies
Nasdaq Blowoff Top could be in the makingDrawing the fib. levels from ~2019 and the 2020 march top and bottom match almost exactly - look out for a blow off top forming near important fibo extension level that is near current price. Basicly looking for any accelerated move up in price (possible over 3+ days) near / into this level could lead to blow off top. It looks like this move could be underway since last friday.
SEPT 6TH I posted a top qug 17 to sept 6 th CARES FUNDS END As we are fast approaching the time spirals as well as Trendlines in time
Bitcoin Aligned For Early Blow Off Top (Mid October)#CTM
Aligned with the start off the mid-cycle dip, potential early blow off top.
Look Familiar? Just seeing a very similar 'distribution' pattern taking shape on a smaller scale.
Thoughts?
Bitcoin Cycle TOP December 1Im not professional trader, learning.
But based on this simple chart and a few indicators i think we will have top this year on December 1. Again. Fib 20.618 from bottom.
