Overall view of NAS100 and US Markets - Update of June 18thPrevious view: Odds of a bull continuation are high, last trading week could be summarized by a consolidation between levels 7600.00 and 7425.00, eventually announcing a strong volatility next week.
Actual outcome: Prices broke the @7600.00 target and bulls keep pushing.
Actual view: Prices are still subjected to a bull pressure. Odds of a bull trend continuation are high with a possible settle at the resistance zone.
Possible targets : @7800.00 (+1000pips or 100points).
Advice : Stay bullish and buy at any low point while we don't break the 7500.00 bottom level.
Correlated pairs : US500 (96.2%),US30 (94.2%),CHFSGS (-86.5%).
We are more likely to experience a continuation of the bull spike as it will be for the other US market securities.
Spike
Potential trade setup: EUR/AUD analysisAs previously mentioned EUR/AUD has overextended into the yearly highs price region, even though we should be expecting a retracement price can be easily manipulated around this region especially ahead of a lot of fundamentals data from ECB and AUD policy details out this week that could easily be a key driver in market activity. Awaiting for a potential 3rd drive into the highs before considering additional shorts to the targeted region to bounce off the trendline which is in alignment with the 50% fib line.
BTCUSDT 45 min chart with VIP overlay
Hello everyone, did everyone catch the BTC spike? What do you think it’s coming next? Are we going hit the $10,000 mark soon? Your comments are encouraged and highly welcome. Crypto is the king!
Join Crypto trade station and help me boost mine position, ask me for a link.
If BND Ever Does This Again, Beware29th of November, 2007 - bond market experiences a flash crash which is quickly bought up by the FED in an effort to prevent widespread debt defaults. Worked for a few months only for companies to begin defaulting anyway, probably through a series of realized margin or interest spike risks. This is what caused the financial markets to implode in 2008.
Watch and study the bond market, it can tell you more about medium to long-term market direction than any other indicator.
USDCHF Short - Stop Losses Wiped Out, Sellers In ControlI predicted that the price will reach beyond 1.005 before the trend reverses from the 3-month supply zone but definitely not expecting this kind of movement.
It is very irresistible from shorting USDCHF whenever it surfaced above 1.00.
What probably has made it even more attractive is the double top pattern formed around 1.002 with its neckline at 1.00, and the neckline was broken.
This itself will definitely attract a large volume of sellers because it is just irresistible for many technical traders, isn't it?
But who knows, one long spike takes all out - a final attempt to take out all short-sellers by large institutions from my pov.
The volume expanded as soon as the price starts to shoot backwards, a very clear sign that the selling strong is taking over the trend in the earliest stage.
Nevertheless, it is not very mindful if we just jumped in now and thus one should always have a trading plan to take this opportunity.
I will be waiting for the price to retrace to the 618 level of the double top pattern and look for a strong bearish candle/reversal candle to short within the supply zone around 1.001.
Spike ETHUSD 14.11.18Considering the current movement of ETH BITFINEX:ETHUSD , I assume that we are going to see a spike in the price of the cryptocurrency between 14.11 and 17.11, with the chance to reach the price in early September, when the token was around 300 USD.
I am not a financial advisor, nor a professional trader, and this is only my personal idea about the current ETH market.
I am open to all kinds of feedback.
BTCUSD Massive INV UPBART incomingThe last big and weird trend formation which ended in a heavy and fast drop looks like done already, If not bearish anymore then bullish and Bitcoin wont stay 6ks forever then maybe and doing a massive inv upbart (marked with DOGE).
For this scenario a retest to 6109 or even 6k is possible, like the final retest
VET is forming a perfect triangle!The best time to buy VET is now! It looks extremely good.
Triangle has been forming since 18. Aug and we can now expect a huge spike up in upcoming days. It is just a matter of days. Be patient wait for a few days and you will see positive results.
It also depends on BTC which has "quite" calm these days and that is why almost all altcoins are flying and making great profits.
Yet VET belongs to TOP 20 coins. Then the volatility is much less than other coins with a very low volume.
What do you expect of VET? Huge spike up or huge dump down?
Comment it below!
Your exclusive signals!
TPG - Bull run off Merger - HOLDHello,
Just a quick technical update on T-P-G.
T-P-G has seen a massive bull run off confirmation that they are in talks with Vodafone over a potential merger.
Shares jumped 20% yesterday, followed by around 15% at the start of the morning today (23/08) then a reversal back to its original starting point of the day @ $7.75.
As the price has reversed from a intra day high of $8.70 to its original price of $7.75 @ the start of the day, coupled with a long bull run in the past few days, this may signify a Spike High followed by a price reversal tomorrow and next week. (Also worth noting that the stock was trading in a range of $5.20 to $5.70 for weeks/months before suddenly entering a bull run off no news last week, then was followed by a huge announcement??? Potential learning experience here to remember?)
Best to HOLD for investors/traders that can take the risk, or SELL if you have low tolerance to risk, as these merger talks are not confirmation that it will occur. I estimate that the price could consolidate around the mid to low $7 mark tomorrow/next week.
@ RuperCapital
SBOT is a good BUYStellar BioTechnologies is a company that sells a good product...but it is only marketable to a small customer base. It would be interesting to see how the price of this stock acts relative to it's customers' orders. And I added a time-fib and the moon phases indicator...I don't know why it wouldn't be an obvious pattern of movement on this stock. It has some interesting spikes and that gives hope that the stock will shoot up again in the future. Set an order with limits and stops, then set an alarm and get in or out with any serious profits. But keep stops real tight until patterns play out better. You cannot trust the trendiness on this stock because it moves up then back down too quickly.
MOTS Spikes On Volume and PT of $7 (Zacks)Looking for a continuation of MOTS spike up on volume and price target from Zacks of $7. No previous resistance above $7.85, possible blue sky break out imminent. MOTS is a bio tech in GI field and has only been trading for a couple months.