For over a decade now we have fallen. Bull run is coming and it will be around the corner in the moment least expected. Stock market can not go up forever. Reset is coming and I will be hedging with this instrument.
I think SQQQ is a great hedge on this crazy bull run of the stock market. We are at low levels and we will proceed to do an umbrella to the high. Small investment will generate huge returns on the next upcoming months coming up. (12-24 months.)
BTC is going to retrace. Chasing the high could be a bad move.
With more stimulus coming and economy starting to run back normal next year this is a nice trade brewing. We have entered at $5 and plan to start taking profits at around $35.
Nice downward channel
I am sitting a lot of signals for the dow to keep free falling.
In my opinion we still have a very weak pound and we will make a new low below 120. Then once a reversal confirmation we can think of buying. Not at this level though.
Fully extended pair. under 144 im shorting gj for over 300 pips.
I look at patterns. Showing me previous moves and the anticipations I can potentially see. I follow my bigger time frame pivots and then from there make my judgements. Any questions feel free to ask.
The chart show the break of trendline and most importantly how the dollar has weakened a lot. Expect it to recover in the next months ahead.
We are in short since 140.50. Targetting 136 area. Good luck traders.
Great level ill look for an opportunity to go down to 135 level with gj. Waiting for an engulfing candle on h4 chart and stop loss of 30-40 pips to gain 500.
I looked at the gbpjpy cross pair to retrace to the 61.8 level to around the 139-140 price point and potentially to the 142 historic level.
I am just looking at price and its movements. This pair looks like it hit 61.8% several times and was rejected. I see it rising to the level of 2.20-2.30 levels now to retrace the price after that huge fall.
I will look to short gold at the break of pivot. Once retest happens I will short for several weeks.