I'm reloading the longs at a better price we entered the previous time. It might or might not tag 1327... The blue down trend line is broken and we regained the multi-month uptrend line (red) too...
Kommentera
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Let’s see that head and shoulders evolving:
Kommentera
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Notice how the RSI wasworking again
Kommentera
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Close to the neckline. If the pattern breaks out I have 1343,5 as target.
Kommentera
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H&S broke out in the night. I'll be watching 1344 level. That's the target price of the pattern. Not likely it will stop there. The test of the previous daily cycle top at 1362 very likely.
Kommentera
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Stop hunt
Kommentera
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There si no follow trough after yesterday's drop. It was the usual FED talk. When dust settles down direction is changing. I'm anticipating a range in the following days:
I would advice not to follow this Guy .. hè is wrong 90% of the time. Good luck
Mannnassser
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@BjornPfaff, i still like him and will keep following him. He has a good foundemental understanding for events. For technical issues i use my own analysis.
Zaiteku7
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@BjornPfaff, I would be interested in your market analysis but you have not published anything. Perhaps you could put your ideas in the community and contribute your insight.
imfor2014
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@e12568, You can't , bots don't have they're own market analysis.
BjornPfaff
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@e12568,
There is no such thing as the holy grail but i will not give away my work. Study the market. Oh and one more thing. i would follow my advice if i were you guys. ;)
Vladimir_RFF
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@BjornPfaff, totally disagree with you. One of the best FA and TA. 90% of traders here never take into account FA and just post that bullshit TA
Inverse SHS was a typical providing liquidity to institutions! (Thank you very much situation). Institutions & Market Makers can see the volums order books. (Retail can't) They see the liquidity. limit order trigger all buys: banks can dump at higher prices. A typical. BjorPfaff, you have no idea. Get off from trading as you are pretty dumb money :) You will or already wiped out so many times. You dont understand market making & agency business in intraday time fram.