We consolidated for 3 months in the red order block before breaking down into the 200s. I think we'll consolidate for 3 months before we break up into the 600s. Before it makes it to the 600s, we'll see a similar wick down to as low as $270 (wishful thinking). I don't think it will get that low, it may not even breach below 300s again. Point of this chart...
Here is the overview of Bitcoin. While some say channels and lines on a chart don't matter - I disagree. I like to look at channels on longer time frames and mix it with horizontal order blocks to analyze it from both views. BULLISH CASE: I've come to the conclusion that the only way we break up out of this channel and enter "bubble" territory again, is if...
USDCAD had a massive move down after oil pumped the other day. Looking to catch the retrace, need an entry between 1.275 - 1.278. If it makes it to the .618 fib line, looking at an exit over 1.32.
Playing the session game again. They sold it down pretty hard into the session closing. Asia open to buy it up? I'm putting my money where my mouth is. Get REKT or die trying...
Doing an experiment with session trading. Is it as harmonic as this? Could it be this easy? I'm shorting it and finding out myself.
This is a pretty basic chart. I am basing this idea off of no indicators - only price action. We're approaching the end of a consolidation triangle and the 12-hr BBANDS are tight as fuck, also the price just bounced off the bottom (but that is a different chart I'm not trying to illustrate here. What I'm basing my idea off, is this. Anybody who took a long in...
Price should reach the top of this pennant to wipe out late shorters. Looking to ride that move. If it gets to $49 I have shorts waiting...
Clear head and shoulders on the SPX500. The right shoulder has been locked in now - thats enough confirmation for me.
This stock has officially gone parabolic. What goes up must come down. Will take a few years though... I'm not in a position on this, just want to see if this bubble chart plays out as depicted: www.thedailysheeple.com
Shorted Google because CryptoCryptics brought it to my attention that the CEO sold 33,000 shares the other day. Also with Twitter, LinkedIn, Apple, and many other large tech companies experiencing large corrections, its only a matter of time before Google gets one.
We are still within the logarithmic downtrend from Winter of 2013. I've been a bear since the run up to $310 failed. If we break $215 target for support would be $130, but this would take extreme capitulation. Possibility of double bottom at $165 still exists. If we break up from this trend line, I would consider $310 the next resistance point but I really...