eshy

eshy

Stock outlook for the week is not great. Potential piercing line pattern failed on Friday to close above the 50% retrace of the prior down week's candle. We did fill the gap down which is bullish, but the buy volume is bad. I'm expecting a red Monday at the least. Adding a 1H chart next post

eshy

Twitter has shown awesome relative strength amidst rough market conditions. I think with a potential SPX reversal today we'll see it fly.

eshy

Short term bounce here, minimum, unless we close today below the previous 2 days closes.

eshy Updated 

Shared a chart on twitter on Friday as I went long on the friday daily hammer & bullish $30 support retest. Potential breakway gap up looks good to me - staying in position as we've exited the declining wedge we were consolidating in.

eshy Updated 

Falling wedge, 1D MACD crossing. Sellers look burnt out - in for a quick flip. Jan 18 calls looked good

eshy

Seems like a reasonable target if we make a new low on the SPX. Solid S/R Flip there to bounce on and aligns well with the .618 fib

eshy

Just an update to a few posts i've made recently. Silver has been seemingly held down for a bit but I think this is the last chance to really get in before we see at least some kind of markup. Virtually every indicator/strategy is screaming buy this outside of slower MA strategies (but that's not my thing). -MACD Cross -bullish wyckoff accumulation entering...

eshy Updated 

Bad news here for stock market bulls. Rising wedge pattern has been extremely reliable, this one has confirmed 3 or more touches on both trend lines so i'm quite confident in it. Flat for now, will check in on Monday and see what happens - break down and i'll enter in a short as quickly as possible. I'm hoping we open green and test the top line once more but...

eshy

All, As I posted yesterday i'm bullish on Silver. Looking here at much lower time frames than my earlier post you can plot out a nice pitchfork to take advantage of this trend. Added the 1.5 fib zone of the fork to take advantage of any over bought or sold times to take profit/add to position. Cheers

eshy

I've been watching Silver for a while now and finally got into a heavy long position when we saw it close in a inverted bull hammer at yearly lows earlier in the week. The following days painted what i'm interpreting as the metals market version of 3 white soldiers. These three things combined (multi year lows/support, ibull hammer, soldiers) form what to me...

eshy Updated 

These are my favorite setups to get long on - cheap stock, huge DWedge paired with bull div on the 1D RSI. Yesterday we saw an inside day and for me that was the signal to go long - convincing break below the wedge and i'll look to exit my positions.

eshy

Lots of bearish signals on 1D

eshy Updated 

Wicks indicating there's more supply than demand, pair it with the bear div and the rising wedge/bear flag - we're probably going down. I got an insane short entry at the pink line on 1fox.

eshy Updated 

Contrary to my last two charts I'm changing my position from Long to Short. WE just broke out on very little volume - this stinks of a spring and the bear flag may play out - leading us to new lows. I'm short here with a stop above the recent high as a hedge to the rest of my alt portfolio continuing to dip. Like and comment if you appreciate the analysis -...

eshy

Supporting my higher time frame chart from Yesterday - this is what i'm trading unless this breaks down. See Wyckoff Logic

eshy Updated 

Despite recent bearish sentiment I've found that there are more than enough reasons to have hope that we've found the bottom and you may wish to buy back some btc or open some low leverage longs. First, horizontal support here has been excellent - we've seen it tested a few times which can signal that it may break soon, but the recent 3D candle close (although...

eshy

Pleased to bring you a nice bullish chart in these dark times. We recently saw a descending wedge breakout on the 4H paired with bull div down at our lowest low in the last day or two. Since then many traders are calling for more dump - I'm calling this the bottom and a decent place to try opening some longs with stops below our immediate support (first green...

eshy Updated 

Ascending triangle inside a descending wedge - classic chart patterns on higher time frames have played out true to theory since we left the $20k zone and i'm expecting this wedge to be no different. Should this small Atriangle break down i'd look to buy/long from the lower edge of the wedge or any of the green supports shown here - wait for buy volume to be safe.