LMAO! BULL TRAP? YEAP - BROADENING WEDGEThat's really funny.
The trap is armed!
A FALLING WEDGE IN A ROLLING TRIANGLE
With a BROADENING WEDGE?
I'm literally ready to see it!
To the moon? 100k?
Just a lunatic to believe that. Or rather, the same that follow the great TOP TRADINGVIEW. You are too funny. Stop spreading false specs. Look for another job. This movement is totally bass.
Come on UKRAINE TRADER copy everything you can, you need to sell your signals, right?
They are very rare and arise only at the end or in the final stages of a long bull market. Normally, they assume the appearance of an inverted symmetric triangle, and may also appear as ascending and descending triangles.
The symmetric type consists of a series of price fluctuations, by means of a horizontal axis, with each tertiary top higher than the previous one and each tertiary fund lower than its predecessor.
When we connect the tops and bottoms with two straight lines, we will see that the tops are inclined upwards, and that of the tops are inclined downwards. Unlike the triangles, whose limits are respected, in the formations of enlargement, the ascents and descents are not always interrupted in the limit of the lines, making a little difficult its tracing.
The pattern also contradicts a lot in the sense that a penetration of a previous top usually indicates a resumption of the bullish trend while the breach of a previous fund commonly signals either the beginning or the continuation of a bullish trend.
I AM NOT FAMOUS
I DO NOT WANT YOUR MONEY
I will not get you wrong
Short-term
Rejection?, probably moving (short-term)Here we can see a rejection over a support area defined by 3 different time frames (1 day, 4h and 30m candles) maybe we have quick profit for tonight, stay tuned!
AMZN Bearish Triangle Wave + Fisher DivergenceShort opportunity in the works, indicated by bearish elliot triangle wave coupled with a bearish divergence in the 9-day fisher transform. May remain relatively flat on low volume until earnings reported on January 31st, or perhaps drop before then with the broader market on "trade tensions" and "fear of global economic slowdown".
Long-term view: Amazon has a lot of debt going forward in a market (online retail) that is largely saturated. Competition with Walmart, Target and other retailers putting their foot in the E-commerce space will force Amazon to fight a tough pricing battle in many of their key segments (i.e. consumer electronics, clothing). Competition will push retail prices closer to the cost of production, which will hurt Amazon's gross profits and ultimately, keep their net margin minimized. Without increasing net profit, Amazon will find it increasingly difficult to secure low interest debt. This, coupled with stiff competition and market saturation, will threaten to greatly reduce or stagnate Amazon's growth as a retailer going forward.
AUDUSD 60M getting ready for a move downAUDUSD after a tremendous bout of bullish strength, price is due for a correction. Currently the price action is moving correctively to the upside, showing signs it's ready to head lower anytime soon. The move down will be a very welcomed one as I am very bullish long-term on this pair (see prior analysis). A correction lower will provide an opportunity to add to my long position. Will pay particular close attention if price makes it all the way back down to .7000 handle.
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#PriceActionIsKing!
Trade with care my friends! :)
$SYSBTC Syscoin Short Term Long Channel Bounce 1 Hour Time FrameWatching a short-term 1 hour bullish engulfing candle bounce play off of support. I'm long at current level and looking for price targets at or above the 1460 satoshi area. Don't fall in love with her just trade the bitch! Viva La Crypto!
Short term Long PositionProbably down trend will break from 0.236, it has corrected enough. Take profit should be step by step on each fibo lines
TP Points
1. %25 at 0.382
2. %50 at 0.5
3. %25 at 0.618)
SL
1. %50 15.05
2. %50 14.95
This is not an investment advice! Take your own risk and use your own brain....
DNA ShortDNA has shown immense growth since 24th Dec.
0.050 --> 0.098
Showing strong resistance performance at 0.095, and a solid resistance at 0.084 on 28th Dec.
RSI still above 35
Volume is extremely attractive 40m+
There is a lot of indication that the price is way overvalued, great time to short.
Entry: 0.085
TP: 0.075
Stop Loss: 0.090
Entering a supply EURUSD , clearing for a bullishEURUSD in a short term entering shorts from a 2h supply. IM expecting a bullish move for the FOMC later. Hence I will lock in the profit and trail it. IF the move drop severely, IT will hit my TP. THen Buy the pair again at the demand below 1.1320.
Becareful later on the FOMC minute!!Risk little but gain more.