as you can see spy500 takes volume divergences combined with trendline breaks very seriously and i dont see any point longing in these areas im sure everyones waiting for a short setup , the one think im also concerned about is how up spy500 is this year , 32% i believe part of me wonders how big this short could be , but of course as always tp atleast 80% at 2r
lot of hate on xrp just like how gold used to get hate for under performing , i see similarities with gold and xrp chart and gold is just simply how xrp will look in the next year or 2 , i think it would be silly to not buy some xrp and hold it for the long run , this could be a crazy explosion forming from a consolidation , everything good begins with hate...
honestly this was just supposed to be a 3r scalp , im bearish today on analysis so after seeing a mini range break down hard and re test ldn open fvg and shoot back down harder with break of structures im going for a 90r trade as i dont see any bull power at all and i know where bulls need to be for them to have a chance
btc looks like its ready to go up , im fine with it going up now or going up after one last big shakeout , this shakeout would be the red candle and id actually prefer this route since we could get a nice big wick created on the monthly and weekly charts for this new month / week we will soon begin
i think golds had brilliant run and I'm not going to suggest shorting gold or selling ur longs right away but i am suggested to look out for conformations on daily tfs for bear market downtrends to enter ur shorts positions this winter , we may rise above the channel but i think we will eventually run out of buyers this year
i think Nasdaq looks like a bull trap for now , its technically very overbought still and probably not many people willing to buy at this area , after seeing a sweep down and then sweep up i think well need more clarification downside b4 knowing which side to choose which will lead to us having a red week , i would like to see bullish setups and u could say we...
i have confidentially added long positions this past week and id like to share why ... reasons for entry we have had a beautiful squeeze of a bull flag slowly falling to the daily golden fib zone and the 16k to 75k 0.382 fib zone , but my main interest in this chart is that weekly bullish doji with extremely high volume one of btcs highest weeks for volume. from...
i have confidentially added long positions this past week and id like to share why ... reasons for entry we have had a beautiful squeeze of a bull flag slowly falling to the daily golden fib zone and the 16k to 75k 0.382 fib zone , but my main interest in this chart is that weekly bullish doji with extremely high volume one of btcs highest weeks for volume. from...