TheTrex

TheTrex Updated 

Potential Short on Crude Oil and USOIL. Target (4) or 61.8%.

TheTrex Updated 

I share these Gann setup's quite often but people don't really seem to understand or have to knowledge what these geometry structures mean. Basically the Gann Square creates angles that reveal where value and time grow according to certain ratio's. The 45 degree Gann Angle is the most famous where value and time make a perfect 1:1 ratio, above this line value is...

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Similar to the NASDAQ NQ1! Chart but without details

TheTrex Updated 

Early signal of reversal due to bearish divergence (higher price on lower RSI value - a.k.a strength) combine that with downtrend resistance and OTE fibonacci levels making this a great spot to either sell or enter a short. The resistance line carries retracements of -7,-9,-17% so a decent retest is expected. Also spotted 3 distinct up-waves hinting that this...

TheTrex Updated 

As you can see low-unemployment is early signal markets start to reverse, especially if there are divergences present between unemployment and it's RSI value. When low unemployment starts to break up this means that the market is saturated with jobs and many flourishing businesses, there has been a phase of economic euphoria and the climate becomes highly...

TheTrex

Small details inside structures can be great clues which force (buyers or sellers) is more likely to break-out.

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Everything looks great, patience is key here, don't play leverage and you will be fine. This can easily pull off a 100%+

TheTrex Updated 

RSI and MACD made higher low and price lower low indicating bullish divergence. A successive break above this long-held downtrend line will be a good long signal that downtrend is being overtaken. First target would be 38.2%, doubt it will test 61.8% this would be the ideal short. Confirmation to sell would be a bearish divergence or any major target being hit.

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ETH looking strong to break current high.

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Higher lows, RSI consolidating and after uptrend bearish volume on a decline. Will we see a break-out before or on 7 January? I will use the following setup to long. The first target would be a retest of current resistance at 4180-4220 #TP1, the target will be a retest of blue line 4420 USD #TP2, #TP3 will be 4566-4841 USD and if BTC would be very bullish (which I...

TheTrex

Bearish/Sell Volume in a downtrend and will break up soon. Price made higher low and so did RSI.

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Bitcoin did a very similar move in 2013 where it lost 84% from its All-Time High (~1150 USD) and fell back to ~180 USD (~6.4x lost it value!). After a period of sideways, which was with some big swings (180 to 310 range) and plenty of volatility to trade, it broke out and entered this massive Bullrun till end 2017. If you look at the RSI, we are in a very similar...

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We need all views to stay orientated, RSI is at a very similar point like 2015 bottom!

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Watch Important Line to Break Below.

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Share your thoughts

TheTrex Updated 

Price momentum is on decline, high high on price but lower high on RSI, early signal for reversal. Volume has been strong, exhaustion might be the case as we face old strong resistance levels. Also looks like we completed 3 wave patterns up, support is in green zone and ichimoku cloud.

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World Markets have been doing bad last few months, early signals were bearish divergences, reversal and outbreak of 30 Year US Interest Rates downtrend Channel.

TheTrex Updated 

Technicals are looking great to buy here, bottom trendline + RSI oversold area + MACD in ATL area.