Look, Spy is bullish and that makes bears really mad. They have to resort to Elliot Wave Theory, "Hidden" bearish divergence (its so hidden, its plastered all over the internet) and calling it a scam. NEWSFLASH It is a scam. Why fight it? Anyone who hopped on calls Last friday has made their next 3 years of profits inside of a shortened holiday week. What did you do? Listen to your furus with weird a$$ nicknames on here tell you that it has to go down because they drove thru a random neighborhood in Cali and saw less xmas lights than last year (that is an actual post/reason in the ideas section on SPY). You want to keep throwing your money at worthless put options be my guest. Every dip has been bought because everyone crams through the door on a $1 pullback, and becomes rocket fuel. Time to blast off.
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GP, supply zone and VAH confluence! Will observe order flow once closer to the zone!
Merry Christmas chat, We can observe a diagonal structure forming after the bottom formation on December 18. What do you see? 1) A 50% correction of the decline thus more downside up-next (Flag pattern). 2) A diagonal wave 1 of 3 which sets as the stage for a quick expansion upward. Let me know you in the comment section.. From my previous post i pointed out the 23rd of December week as a top which is seemingly turning out to be a bottom(Alternation) if option 2 is right. So i believe there's more upside....
Support Resistance Weekly support works Wave We expect a potential correction aligning with Fibonacci levels RSI - No reversal signal yet Daily - Oversold Weekly - Oversold MACD - No reversal signal yet Daily - Sell histograms is growing Weekly - Sell histograms is growing Opening price 625 Take profit 1 660 Take Profit 2 692 Stop loss 584
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 2.20000. Like, comment and subscribe to be in touch with my content!
NASDAQ:AMD Bag holding? Painful? ?Well we might see some relieve. MACD just crossed bullish. There is a chance that it could run to $130 to $131 near term. ? As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.