Strong
AUDNZD STRONG BUYDear traders,
I posted an idea of AUDNZD to go up. It went up a lot. Now it will go more up. But before going up, its gonna test the previous resistance turned support. Good luck!
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Guys if you like my ideas, please drop a like and follow me if u like my trades. Post comments about your idea too. We can manage the trade together.
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DISCLAIMER:
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This is just my personal opinion. Every trader is independent. Every trader has the freedom to place a trade in any direction.
Thank you for your support,
FX Specialist
Bitcoin rolling over! WHAT IS BITCOIN DOING???Hey there,
So it seems like Bitcoin doesn't quite know what it wants to do.
Retest swing high, break it, form rising wedges, break them to the upside, then downside...
Nonetheless we have a bearish engulfing candle on the daily chart which is signaling strong
bears for now.
I will look for further downside if bears remain strong shortterm and keep price consolidating
around the current lows. The trendline of this channel is one of my next targets with
a retest of resistance and following break of the channel line and most idealy
a retest of the 200D MA, what I have been preaching for the last weeks.
Keeping it simple and staying away from trading for now, until Bitcoin gives clearer
signals of what could lie ahead of us now.
Uploaded a video so definetly check me out on YouTube at:
Enlightened Trading
if you don't want to miss out on key information.
Also follow me on Instagram @enlightened_trading_
and Tradingview.
Leave a like and comment if you wish so!
Cheers,
Konrad
USDCAD STRONG SELL MAYBE A CRAZY DROP!!!Dear traders,
Double top formation with a crazy selling pressure. It will drop crazy!!!
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Guys if you like my ideas, please drop a like and follow me if u like my trades. Post comments about your idea too. We can manage the trade together.
__________________________________________________________________________________________________________________________________________________
DISCLAIMER:
__________
This is just my personal opinion. Every trader is independent. Every trader has the freedom to place a trade in any direction.
Thank you for your support,
FX Specialist
Still going strong - Any last targets?Hey there,
basically anything you need to know on my outlook on bitcoin is displayed on this chart.
Our last targets are at 9800 (red box) and 10300 (last swing high).
Bitcoin keeps strong on all time frames, but is a bit overextended on the 4h chart.
Especially when looking at the Bitmex Funding Rate it kinda tells a different story and
displays that bulls are paying the shorts. Fortunately this is a contrarian indicator
and doesn`t always predict price drops/rises.
If you require further information, take a look at my recent posts on which
I explained in detail what I am looking at.
Also check out my YouTube channel: [ b]Enlightened Trading
for further information on my view of the current market.
So far so good. Targets where reached and held nicely.
Bitcoin really seems to change its market structure to bullish long term.
Cheers,
Konrad
PNC Linear Regression0.94 Pearsons R value, Linear regression strong uptrend. Various chart patterns identified including, two bump and run tops, a double top, and currently forming an ascending triangle with a possible bullish breakout as a result. PNC is currently trading within a strong upward channel.
Wanna bid PPTETH ?Enter 2373
Take profit : 2709 - 2784 (14% - 16.5%)
Risk 2.8 percent put stop loss at : 2320
As you can see it's shadow from the past at 4th and 11th of October, 2373 has been acting like a tough-guy ( strong support ), so risking 2.8 while entering at 2373 with the stop loss 2320, is a minor risk in exchange for the opportunity.
Now what do you think? Share me your thought, guys. Would be appreciated.
S&P 500 seems that it'll test to break ATH resistanceS&P 500 index funds has a characteristic, once the value breaks support of uptrend line it makes a steep downturn for a short period. Right after down movement, a new uptrend rally starts.
Let’s see a few examples, look at the green uptrend lines
In the short term we have two scenarios;
1. Green Arrow;
If the value bounces from the 2914 support or from green uptrend line arouond 2900’s, new target will be the resistance of 3030 which is all time high (ATH) btw. If it also breaks the ATH 3030 resistance, we have to look at other formations to form a new target.
My Opinion: It would be very hard to break the ATH with such short uptrend line. Trend would not be so powerful but this also can be a silly idea as well.
2. Red Arrow; (higher chance in my opinion)
If it breaks the support of 2914 and green uptrend line, we may see a longer downtrend period. Than our first target would be 2862 and than 2733. After the bounce back we can start a new uptrend to break the all time high 3030 resistance. And this time the uptrend line will be more powerful and will have more chance to break the resistance.
As a result, even it has some down movements general momentum of S&P 500 index is very powerful.
XBT Adam Eve Pattern !! 16,000$ mark confirmed?Adam Eve pattern is often seen at the market bottom, here the classical formation of this pattern shows the market is quite bullish
Moreover, 3days golden cross played out which shows a strong uptrend, however, on the weekly side market has not touche the 21 day EMA which makes the possibility for the downside along with the gap remaining in CME futures.
Now it's going to be weekend time so do expect long spikes, with strong fundamentals news, in coming days if it breaks the 12,000 $ mark we will son see 16000$.
Many Vip members open short here but due to stop-loss about 10,200$ we have seen market touched 10,400 within minutes.
Hope this pattern plays out well.
NOTE- DYOR before investment, this chart is for educational purpose only.
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ALJJ - Strong Trend - Could Go A lot HigherALJ Regional Holdings, Inc. is a holding company. The Company's segments include Faneuil, Inc. (Faneuil), Floors-N-More, LLC (Carpets) and Phoenix Color Corp. (Phoenix). The Faneuil segment provides business processing solutions for a client portfolio that includes both commercial and government entities across several verticals, including transportation, government services, utilities and healthcare. Faneuil delivers outsourcing support, ranging from customer contact centers, fulfillment operations and information technology services, to manual and electronic toll collection, violation processing and medical device tracking. The Carpets segment provides multiple products for the commercial, retail and home builder markets, including flooring, countertops, cabinets, window coverings and garage/closet organizers. The Phoenix segment manufactures book components, educational materials and related products.
SHORT INTEREST
33.01K 07/15/19
P/E Current
-9.14
P/E Ratio (with extraordinary items)
-124.81
Be patient with this, expect it to come down first. Buy close to the trendline.
Strong Bulls, Strong Bears, Weak Bulls, Weak BearsStrong Bulls are always looking to buy. Strong Bears are always looking to sell. Weak Bulls and Weak Bears are usually indecisive and wait until its too late, entering at the worst possible time. In general, Strong Bulls sell to Weak Bears, and Strong Bears buy from Weak Bulls. When both Strong Bulls and Strong Bears sell (strong bulls to take profits, and strong bears to initiate shorts), there is only one direction for the market to go. This is when leads to strong moves in the markets.
When prices are in a strong bull trend Strong Bulls buy at any price, including a high price. This strong trend can be in the form of a spike or a tight bull channel. The Strong Bulls are aware prices are in a strong trend, and therefore are willing to buy high. This buying prevents a pullback and instead prices continue to rally. Strong bears see this and are not willing to sell yet, and so the lack of selling pressure creates a vacuum and also prevents a pullback. The same is true for Strong Bears in a strong bear trend.
When prices are in a weaker bull trend, such as a broad bull channel, bulls who buy high tend to get trapped and are either forced to exit and buy lower, or scale into their position at a lower price. This is also refereed to as "averaging in to a position." When strong bulls see that bulls who buy high are getting trapped, they will only look to buy at a discount, or a pullback and will sell to take profits when prices reach near the highs. This is what feeds the bull channel, which is a form of a slanted trading range. When prices are in a trading range, both Strong Bulls and Strong Bears will only look to buy low and sell high. Most will also scale into their position if prices go against them, and they tend to take smaller profits like 1X risk.
What about Weak Bulls and Weak Bears? Weak bulls and Weak bears tend to flip flop in their positions. In other words, they see a bear leg and assume prices are going lower and sell low in the bear leg, just before a rally begins. This is most obvious when prices are in some form of trading range or weak channel where there is heavy two sided trading.
Weak bulls also buy high in a bull channel, or high in a trading range. They buy from strong bears who are selling high prices. They are then forced to exit or scale in, and contribute to the selling if they exit. Then when prices are near the bottom of the channel, they become convinced the market is now selling off, and sell low. This repeats over and over as they hope for a breakout and fail to realize what is occurring.
A major key in learning to become a profitable trader is the ability to understand what the institutions (strong bulls and strong bears) are doing at any given time. This is how you follow "smart money." If you do not understand what prices are telling you; you are more likely to act as a Weak Bull and Weak Bear, and contribute to the market.
To learn more about how to understand institutions and price tendencies, see below.
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