We still didn't see the bottom yet, however I expect a little fake pump before further sliding down since it's friday and we swept a weekly swing low. No science needed.
Storyline: CFO sold shares + (bad economic data incoming?) Chart: Weekly high broken, retrace due as usual. Question: Was that whole pump really reasonable? You can bet that the majority of retail investors bought (as always) on the very top during this wonderful pump and now just patiently waits to feel the real pain of retracement. I doubt in general, that...
Hello everybody. Storyline: Elon for President? You can bet that Tesla will pump if Trump wins the elections. Besides of that, rising china sales, unveiling the robotaxi etc. pp. There are many things imo which speaks for Tesla while the masses brag about his political views. Market: Decreasing rates, good looking economic data for the US at least. Chart: Keep...
No higher high, topped out on a monday and built a beautiful obvious uptrend. Flush it!
While technicals and all that stuff speaks for a further down move, I have to trust my fundamental idea of rate cuts and the missing retail pump as well as the fear & greed index which turned bearish back again.
I mean... expect the unexpected right? Monday seems to have topped out the whole move while wednesday could be a potential conitnuation. Where would be the biggest pain point for longs? PS: Prepare yourself to work with broader SL here, $78 is as well in play. But I like this current situation since I know that the majority is obviously long cause of our daily...
We broke below monday low, reversed, still didn't break prior weekly high or low so I anticipate a move up to show us the true colors of Gold.
Dozens of Euro Shorts trapped due the past weeks and months of constant negative news. What would be the worst scenario for them? Wicking 1.11386. Sentiment still bearish asf. Aiming for 1.11750. It's wednesday. We love to wick on wednesdays and thursdays.
Since people anticipate "emergency" rate cuts and the european economic growth still looks kinda stable (we all know it isnt) I am still bullish on EURUSD.
Alright ladies, so I think my pic says it all. Not looking for longs until we take out that juicy liq trendline. Our last swing low should have taken us to a new higher, however, since we deepdived way toooooo low for my feelings, I see way too much obstacles now for us to climb back again. So... yep. Not saying we wont get another push up but I'm bearish and will...
We bounced from a key area (green line) and are now trying to get past the weekly trend. As long as we do not create a lower low below my current marked daily swing low, I'll stay bullish, especially since the whole move comes more and more to a standstill, so I anticipate a bigger move.
Even I'm bullish in general on gold I don't like how we still can't stay in the green zone (weekly) of el dorado. Time is running up so I'm leaning into bear character and expect a retracte to at least 1967-65 area. Experience showed me, that if too many people will like this post, it'll most likely won't work out, haha.
We just hitted a major monthly trend as well as weekly, went into their timeframes so I take the chance and bet on a major pullback.
Insider sell, let's fill the gap... Tradingview wants me to text more BS about this super simplified idea. Liquidity taken. Fib lvl hitted. Insider sell news. Gap down there.
Well, the market doesn't care what kind of great person you are. We will kill all longs before, aka dreams before it'll skyrocket to the moon imo. Checked on multiple timeframes. 1909 - 1906 are my personal bottom premium entrys for a super duper premium swing. Enjoy the ride. My profit target is conservative, I hope actually for even further upside.
Ladies and Gentleman, I'd say the chart is self explaining. Daily Doji candle speaks for a push up from the current levels, however be preapred to consider potentially also 28948 as your entry with SL at 28600 due to liq games on during weekend. I'm aiming at least for 30460.
We need to handshake that daily wick on the top before we dump. Yellow line could be a perfect entry imo at the greediest level where actually everyone will expact a dump.
Rejected from a monthly candle, I expect at least a pushdown to that weekly level below. Created wonderful weekly trends. Entry at red line. Might test the monthly again, I would reenter then.