For those short term traders, I see we have a little 5m long setup firing off of a Willy21 stupid oversold condition and the tag of a key sup/res line. While a little early to call the official turn higher, I would have no problem being long off the 622 area and shooting for a tag of the OTE short sweet spot here. If my charts help you, or you use my...
After a nice bounce off a key trend line (on strong momentum and volume) we rallied to the top of the current trend channel and are now consolidating. Should we fail here in earnest the current OTE long sweet spot just so happens to be right at a bear ab=cd price target. Momentum and volume are suspect here so i for one shall be hesitant to get too bullish until...
After a nice bounce back into the 15m OTE short zone, price has consolidated gains. For today I will be watching for a pullback into the OTE long zone for possible long entry signals. If my charts help you, or you use my indicators... please consider a BTC donation to allow me to continue my work : 1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5 & follow me on Twitter @CRInvestor
Apple is still a market darling and many are perma-bulls - I however am not one of them. Once we reach the OTE short zone $580 to $620, I for one shall be watching for a trade-able top to come in. Momentum is current very divergent and I am afraid the public is being sucked into another trap. Consider too the simple fact that AAPL is currently trading at more than...
Rally off the bottom seems to have run out of steam. Momentum and volume seem to confirm the notion of a test of the Daily OTE long sweet spot (562), the prominent neckline and the 4hr OTE long sweet spot zone.
During our google chat this evening we took a look at the monthly US dollar index chart and where it may be heading into the fear cycle peak of Q3'17. 40 area looks very interesting...
Well the trend line mentioned yesterday did turn out to be quite significant indeed. '1st stop; target fast approaching...nice call!
while a little late to buy now, this chart looks very interesting. Like the idea of risking against these recent hammer lows for a potential move back up top.
The two month rally in Crude Oil is starting to show signs of exhaustion. Not only have the previously mentioned bullish ab=cd price targets been hit but we are fast approaching the weekly OTE Short sweet spot (106.05). Coupled with that significant Fib level, our Willy 21 indicator is suggesting the market is very much 'stupidly overbought'. Consider too the fact...
BTCE has riden the wave higher as was anticipated on BTCUSD (Stamp). It's BoT long entry level was in the 417 area and its 'stop to trail' level was hit at 463. The market ran straight up to 491.53 and that long was quickly washed out shortly thereafter. Current OTE long sweet spot here is in and around the 420 area and if pressed, that is where I believe has a...
Long BoT setup (play on bullish ab=cd harmonic price pattern) under the microscope. Levels identified 3:1 pot ential reward for risk taken - I like the trade
This is a rather sweet BoT long setup off previously referenced Daily OTE long sweet spot on Stamp very interesting. Target as previously mentioned is bull ab=cd harmonic price pattern point D or $745
A glimmer of hope for the bulls? Stamp fighting to maintain some respectibility at Daily OTE long sweet spot
Long setup working off Daily OTE long sweet spot (561). While not exact, bull ab=cd fibs lining up for shot at 750 area
Amid the confusion of Mt. Gox, other Bitcoin proxies are getting hit along the way. While I myself was fairly confident the daily OTE Long sweet spot (562.98) level on Stamp was a good entry point, four tests of it finally diminished demand and with that level failing she is open to fall precipitously too. Indeed, it sure looks like she has a serious test of the...
Anatomy of a correction. Ist target hit, now how do we work our way down into the OTE long sweet spot (167.45). p.s. indicators not happy here at all
A down thrust is underway, OTE long sweet spot tag longs look interesting from a risk/reward perspective & near Daily OTE Long sweet spot (562.98) too.
Gonna take another run at higher time frame Optimal Trade Entry (OTE) Long sweet spot (560)