We most likely will create a giant weekly M pattern before breaking out strongly to the upside. This pattern is going to take a long long time to play out so set your alerts at $15 and forget about it. In the mean time there will be bounces and drops for short term weekly option trades.
Check previous post for receipt. (Link BELOW)
I'm predicting a short on Apple this week. Put's slightly OTM will give 500% return. I will wait until the open tommorow to read price action and if everything follows our plan I will jump in. I plan to hold until Wednesday morning.
Strong supply imbalance clipped and price went into freefall. Price found support which is normal with these types of supply zones. The most probable direction for SPCE is a lot lower to around $35 per share.
TL Break + New supply created on NIO. I'm Expecting a strong break lower this week, options are giving great rewards. I will add to my position at the 51.0 mark if we happen to retrace. Short bias on Nio. What do you think ninjas?
So we dropped from the highs as predicted and now we are in a desceing channel as we pointed out on the previous video where we expected the different versions of the historical analogue. So far we are following it exactly and we are expecting more downside because of that. This is a fantastic opportunity ONCE we break lower! Crypto will be so cheap to buy the dip.
Our historical analogue is pointing to a 7-8% drop in the sp500. We have hit 4250 (Our sell level) and immediately dumped. Now we are expecting a stronger move lower. Short the bounces.
Big move to the downside incoming! Lower timefraem supply in control at our reversal point and the recent tops are all being respected. Short the bounces! :)
Our historical analogue is pointing to a 7-8% move lower like I have previously said. We have hit our key level and now we are expected to drop VERY SOON. Our last prediction led to the colonial pipeline attack. That was a 4% drop, now we are expecting double that distance so maybe something twice as bad?
Check out this post to find out why the hanging man candlestick is so powerful as a trend reversal candlestick.
Comment below up or down and lets get a general consesus of what people think the direction will be. If we get enough comments i'll update description with results.
The question is, is this a reversal triangle or a continuation. Since we expect price to move lower we suspect this will break lower over the rest of June. Short bias on Crypto right now.
We are still short bias. The plan is working out so far ;)
We have our key levels set and price is currently using them as support (not resistance) so be careful shorting into this right now. Waiting for break below resistance before bearish again. NTS.
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A key level has been hit on BTCUSD. For those familiar with "How to Trade Reversals" we talk about this a lot. For us to trade continuation to the downside we need price to turn this key level into resistance. Short the pops! Become a Ninja Today!
Hold the line and brace for impact! We are retesting strong supply at all time highs. Don't be suprised of a fakeout and drop on major news. We previously called the 4% drop on the colonial pipeline. I am predicting a 7-8% drop on the sp500 very very soon. Oil bearish. Crypto Bearish. SPX Bearish. Let's go Ninjas!