Is here the bottom of next bear market?We can see clearly when bitcoin form red monhly candle in Bull market is most likely here to be the bottom of next bear market.
Forming
Snap within a SnapLast time i tried to predict this stock i was devastated but right now i feel more confident on my prediction.
1. Possible inverse H&S taking place as we speak
2. In case it is activated i am waiting to see whether that will be the top and whether we will see the formation of a massive H&S as shown on the graph with a target close to the Covid gap
3. So first long and then short
*This is only my opinion and all the graphs here are shown for educational purposes only. I advise none to act based on my foolish predictions :), always think for yourself, take care and keep researching.
⭐ STAGES OF TRADER's FORMING ⭐Hello! Traders professional growth involves going through several stages.
Let's talk more about them.
🔥1. Unconscious incompetence
💡 randomly opens and completes transactions without a specific trading system;
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💡 keeps afloat only for small successful deals and doesn't care about losses at all;
💡 but as soon as loses, motivation immediately runs out.
🔥 2. Conscious incompetence
💡 Do you change your trading system several times in half a year without ever exploring a single one?
💡 You are actively looking at your trading history trying to figure out what you are doing wrong.
💡 Are you still making impulsive mistakes that cost a lot of money?
💡 Do you repeat the same trading mistakes again and again?
🔥3. The moment of "EURECA"
💡 No longer changes the system, but focuses on main and works with it.
💡 Begins to maintain a trading plan and a trading journal.
💡 The understanding comes, that trade is a daily routine.
💡 Understands, that in order to earn money, he needs to work on all the components of his system.
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💡 Understood the rules of the game and stopped losing money.
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NZDJPY Buy Setup!If you like the idea, do not forget to support with a like and follow.
on DAILY: NZDJPY is approaching a support so we will be looking for buy setups on lower timeframes.
on M30: NZDJPY is forming a trendline in red (not valid yet) so we will be waiting for a third swing to form around it to consider it valid and then buy on its break upward.
Good Luck!
AUDCAD Potential Bearish Movement - setup formingAUDCAD Potential Bearish Movement - setup forming
we are waiting for a new swing low / blue dot to form around our lower blue trendline
and then sell after a momentum candle close below 0.89000
Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Wedge pattern forming (in blue)
3- Resistance / Supply zone from Daily
Three confluences are enough to consider Selling AUDCAD, after a break below 0.89000 (in gray)
A MAJOR TOP AND CORRECTION PHASE NEAR LONG TERM BOLLINGER BANDS ON M/WK/D MODEL As well as two long term Trend line are as well , bullish sentiment .Every time over the bull market once we have got outside the B bands on monthly by 75 to 82 sp points a very sharp decline followed , THE UPSIDE IS NOW LIMITED TO 2985 TO 3015 Not my 3061 to 3181 . also the VIX MODEL AND P/C NOW . MOVING AVG MODELS ON THE 200 DAY GOING BACK 200 WK AND 200 MONTH MODELS PEAK AT 3015 3025 NOW BASED FORMATION . WE MAY SEE A VERY STEEP DECLINE INTO JULY 10 .Peaking into a lunar cycle based on past models the dates of may 6 to 12 and july 10 should be the decline phase . Will post targets in the coming week
Stellar: XLMBTC Large Triangle FormingStellar XLMBTC
This is moving nicely inside a 10% range in the centre of a larger triangle.
Any break above the 3733 line will mean a 10% rally to the upper limits of the larger triangle where it should fall away again.
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DJIA Dow Jones Industials - Beware the Head and Shoulders DJIA Dow Jones Industial Average Futures: DJIA1!
This was a great short overnight on the break below 25257 line for a fall to the next line at 25094.
It fell to this level exactly.
Perfect, technically speaking.
It should now make a rally attempt back as high as 25245-25257 range at best before it falls away again.
This price action would also form a head and shoulders on this index with a 451 point downside target at 24643. Interestingly there is already fixed support waiting for it at the 24641 line.
Look to short the counter rally and if this fails from lower than we ideally want it to will have to short on a break lower than 25080 with stops at least 30 above.
*For fastest Updates on major markets in real-time through the Summer holidays please check link at top-left of main page. Be lucky !
Falling Continuation Wedge Forming on EURUSD Daily ChartThere is a possibility of a falling wedge uptrend continuation pattern forming in the next week or two. Wedge height is ~335 pips.
DXY Dollar Index Bull Flag in Formation- Follow Break higherDXY Dollar Index Ahead of the curve
Potential bull Flag forming - follow break higher if we see it -
buying dips (on pairs) back to the upper parallel on DXY chart
once busted to upside.
LTCUSD LITECOIN: Bullish flag formingLITECOIN LTCUSD
Flag forming here. 2 strikes on the lower parallel signifies this
is still hot. It's till a buy so long as the lower parallel holds up
now. It's another buy/add when the upper parallel is broken
on upside
FACEBOOK: FB Facebook: FB This was meant for yesterday but some glitch stopped it from uploading...
Bit late now, apologies.
For what it's worth at this point, a couple of observations:
That's quite a large pin bar forming meaning that institutions are indeed
unloading, (see below) looking to buy back 5 or 10% cheaper if they can.
FB should come back to 175.60 at least and more likely to 172.93 (once
175.60 gives way). It should try to build a base here, off the old highs if
the near term uptrend is to remain sound.
So any failure during next week to hold up here will trigger a 3% short
for about 6 points back to the next support across the 169-168 range.
This range isn't particularly strong support, though will still close out
there if struck and only look to short again if 168.5 gives way for further
(roughly) 3 point fall to 165.6.
SHORT BTC 1 Day FORECAST - 19/10/2017 to 20/10/2017Make sure you TRADE SAFE
Divergence will build as shown on RSI window.
Bears will take control.
1st stop, 5K
This could be the start of THE BIG SHORT - and then the BTC10K ;)
FXJOE UKOIL possible wave 4 triangle is formingpossible wave 4 triangle is forming,i am waiting for a breakout of the down trendline to sell
