


Supports there -falling wedge, 4HR - Daily GP 0618-065 - RS support zone from action before dont forget to have stoploss! GL everyone~!
Listening to Ray dalio interview on FOX www.youtube.com and deciphering meaning: -Interest rates wont be able to be lifted enough to compensate holders of bonds and not hurt the economy -So far we had 8% inflation -3% interest rate isnt enough - inflation will come down a bit but still very high. And money will get alot tighter = STAGFLATION -Similar to 1970s but...
As per previous call We have hit our consolidation target. My order didnt feel by a few dollars, so i bought a smaller position when we broke out of 2 minute falling wedge. I will take profit at ~1650 just to be safe. Now the reason for the bounce here: - RS zone 1550-1600 hit - W 8 EMA being retested for the first time - 0382 D Fibs from june lows - Oversold on...
I went against my no shorting rule and took a small position last night when we rejected from 1960 with a large wick on 4HR. This is what usually happens - the price fakeouts with a bull break only to quickly go down and trap anyone who was playing a bull breakout. So I decided to take a small short position for shits n giggles. Thats where i put my stop - a Hard...
Alright so I was right and I was wrong Right - Nosterdamus type call here :) Wrong - However I did say we need to breakdown - bears needed followthru which they didnt get. Bulls held on, made it a support. Then CPI numbers came in and pumped the whole market, SP500, NASDAQ, and BTC. Anyway, now I am just a making note to myself that this is...
Bulls have to hold here or we going lower as we - break the uptrendline on 4HR - This Up trendline has been holding for 28 DAYS so its a notable breakdown. - Also Triangle on D RSI is being tested and bulls need to hold. Otherwise it is bearish divergence that is playing out starting from 22 days ago Some may say this is a great entry point as we are at the...
Ok so we got our entry. I have a small position that I took because i was in bed, going to sleep so I took the position on my phone. Now lets see if we can get to the top trendline resistance of about 1800. We got 2 resistance zones to punch thru as shown on the chart with the rectangular boxes. So far the double bottom on 1 HR and the bull volume off it...
We want to retry the trade few hours ago that didnt happen due to Pelosi mini pump Rising wedge support trendline on 4HR with top resistance at about 1900. Could give us 15-20% trade. Test of trendline + 0.5 Fibs + Consolidation sideways- expected + 4HR RSI support trendline test Bulls looking to maintain D higher lows uptrend. We are wrong if we breakdown...
falling wedge support on Daily + 0618 GP on 1HR FIBS + 4HR OS + 1 HR OS + 4HR RS Zone If we get there, we are likely to have at least a short term bounce on the hourly/15min. IF we dont get there, oh well.
Is this the support the bulls are hoping for? Weekly and Daily Oversold, good time to bounce though #pray4bitcoin #bitcoin
GL Everyone!!!!! Bulls need to retake D 8 EMA and downtrendline Bears wantto reject here and then breakdown MACRo support and trigger lots of stops to cascade down quickly to next zone Wait for FOMC on wednsday tho
Critical support zone. Also in a falling wedge formation. breakdown = LOTS of STOPS triggered and fast fall down to 33k BULLS must negate this by breaking falling wedge bullish and then reclaiming Weekly 21 EMA!!! GL everyone
looking at stagflation in the 1970s we look at comparing performance of assets
OIl price exploded, market crashed. Stagflation was happening. Is this time going to be the same?
The break has happened on Friday! Next week we want to see bulls follow through Risk is 4% = Stop out if we go below 1780 Target is 16% from here Pretty good risk to reward if you ask me. Lets go GOLD BUGS!
Looks like rejection for gold from resistance. Bulls want 1853 break up. Bears want 1753 break down. Could be a good place to buy close to 1753 if we go down some more. With low risk, as the stoploss order would be there.
Gold is testing a consolidation resistance formed for 520 days. HUGE MACRO breakout will happen. Silver to follow for bigger gains. Also BTC BTC bubble is popped, and digital gold will now be in the dumpster its time for real gold and silver to shine Wait for confirmation of breakout though before entering as we could reject here
Watch out! Especially because FED wants to "taper" their money printing as per their latest FOMC meeting minutes