


TheTradeBorough
EssentialThis the third attempt to short NAS at ATH…small risks
First short attempt at ATH…first meaningful rejection
The last three big rallies on the NASDAQ were initiated by large volatility spikes on the VIX. Followed by an average decline of 32%. Following the NAS tanking 26% from Feb to April 25, Price has already entered into a support zone on the VIX, which has triggered all 3 of the last crashes. The NAS rally since the April 7th 25 has been on DECLINING VOLUME on the...
This idea tags onto my my other live idea on the Nasdaq (see my linked posts) As we are still near the TOP as bullish euphoria is still present, I think now would be a good time to put my main POI's for the next 2 months out there: 21000 19300 11800 What are your POIs?
Before anyone says anything...yes Elliot Waves are completely subjective BUT IMHO i have drawn these correctly.... The NAS made a violent move from 22100 down 16300 in a very short space of time. So what? It will just make another ATH right? Well, of course. It almost certainly will, the real question is when. If this pattern plays out, it won't be in...
Gold appears to be setting up for a BIG run.....a very simple Inverted Head & Shoulders pattern appears to be in play. A pullback will be needed to kick this off. Let's see what happens...
After retracing more than 78.6% from the 74k low, a BTC local top appears to be in. Expecting prices to fall to the local support of GETTEX:92K initially...
This idea is super concise! Bitcoins price appears to have found support on a 3M 0.618 retracement level. The logical next step would be a leap to the 0.786 retracement level at 102,000. Looks like BTC is loading its canon..
This posts presents an idea that has no precedence (that I can recall at least), so this is by definition a crazy idea BUT the chart is showing signs of extreme exhaustion and is possibly and quite frankly on the verge of a potentially destructive collapse. If the recent severe volatility hasn't peaked your attention... this chart should. It's quite simple...we...
BTC has been ranging since last Friday and therefore the price action has been very tight but one candle has given us a clue about the possible next direction. This has been highlighted by the red arrow. This 2H candle is a bearish engulfing candle, which as a single candle is bearish. Since that candle was printed, the price has currently retraced into that...
Whenever you have a breakout, for the breakout to be confirmed, it needs to be retested. This is a basic technical analysis concept. We broke out from the 2024 ATH of $74k but it has not been retested yet. After topping at $108k and hitting a near horizontal $109k, Bitcoin has quietly completed a Double Top pattern on the weekly chart which is extremely...
As you can see, The Nasdaq has made two near equal peaks around the 22100 area. Although the Weekly candles of the first and second week of February were bullish, it coincided with two weeks of declining volume, usually meaning momentum exhaustion. On the 18th February the Nasdaq printed a strong ‘no body’ red doji on the daily TF. This is an indecision candle...
The massive rally Alibaba has experienced has enabled it to close a significant 3M selling fair value gap from 2021. Interestingly, the price of around $140 is around equal highs January 22 ‘s12M candle. This looks like a double top…..on the 12M!!!! Now, I will point out that we HAVE NO CONFIRMATION at this point that this is a 12M double top at all. But...
This chart is simply ultra bullish. This idea attempts to highlight a bullish pattern, within an ultra bullish pattern. The first pattern is an Inverted Head and Shoulders pattern which has formed over 16 years! In Oct 23, US30Y breached the 16 year Year High and since then we have created a double bottom (the second pattern) on the 3M chart at near equal lows...
I hadn't looked at the NASDAQ:NVDA chart for months until today and I simply can't unsee this. NVDA appears to be in the final stages of a Weekly Double Top pattern. You can clearly see two near equal highs from November 24 and January 25. After the neck of the Double Top was breached, the price attempted to reach a new high but failed. The failed high was...
So....I noticed something very odd about the Ethereum chart a couple of weeks ago. I've compared it other to a few other crypto's but I could only see it on Ethereum. A basic technical analysis concept is the breakout and retest. For an asset to keeping pumping, you need of breakout over a new high, eventually come back to the breakout price and then strongly...
It appears that Bitcoin is setting up for a powerful, parabolic rally. We are anticipating a slide to the $50k support area, then a strong bullish run to $100k.
NASDAQ:QQQ appears to have retested a Monthly resistance at 449, and we're now expecting a violent bearish move to towards our target of 413. Our Stop Loss, Entry and Target levels are on the chart. What do you think?