TOP
SHORT - ETC - Trading OpportunityFirst bearish divergence since the start of the uptrend, we think this could be the top and we are going to short it.
Entry: 11.5020
TP 1: 10.3535
TP 2: 8.6310
TP 3: 7.6935
SL: 12.2010
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SHORT - BTC - Trading OpportunityMultiple bearish div with some low volume pumps, quick scalp with a good r/r.
Entry: 8768
TP 1: 8299.5
TP 2: 7629
SL: 8901
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).
WDAY Top Hits Weak Support LevelWDAY topped on the short-term trend, but it is bouncing off of weaker support from money highs in 2018. WDAY remains at risk for more downside slip slide action, until it enters the Platform candlestick pattern formation from 2018. That support level offers stronger support due to a prior Dark Pool Buy Zone™ with minimal accumulation.
QQQ TOP WAVE COUNT WE ARE ENDING WAVE C OF 3UP The rally from dec 2018 to may 2019 has been a wave X OR WAVE 1 .I have stated this since may 2018 .I see the market in a final 5 wave based on the 4 year cycle which came in late in dec 2018 and not my oct 10 to 20 low date 2018 similar to the 1998 and 1962 charts .I SEE THE MARKET IN A DIAGONAL WAVE STRUCTURE AND WE ARE AT THE END OF WAVE C OF 3 NOW .I LOOK FOR A SHARP DROP BACK TO .236 TO MAX .382 FROM JUNE LOW OVER THE NEXT 21 TD .BEST OF TRADES
S&P500 Possible TopJust outlining a possible set of zones for the S&P500 to pull back towards (Marked in Green)
FOMC
UK General Election + Brexit
December 15th China/US trade Tariffs
ECB - Christine Lagarde's 1st proper meeting
There are a few key risk events this week, so a pullback is more likely than not.
Overall - the US fiscal flows are positive and larger each year, so this is ultimately the main source of support during these global downturn times.
A peek into the pastMATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel.
Two detectors predicted the top
Golden Ratio Top Detector (UO_GRFM)
Mayer Multiple
Golden Ratio Top Detector also showed the potential bottom correctly.
Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting.
Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens
A speculative hedge against Soy.Now, generally, I think giga-shorting indices as they push all-time-highs every single day is a bad idea.
Trends shall remain irrational longer than you can remain solvent, the Federal Reserve is incessantly printing away your purchasing power which means there's more money to pump your stonks, and trends, namely the centuries-long bull trend, have been so permanent in the legacy markets that bears are either cocky and un-informed, or they've lost the majority of their market shirt already.
Linked below as the related idea is my thesis on the upcoming economic recession which won't show up much on the index charts.
However, sometimes speculative hedges are necessary and as we head into the holiday season, the consumerist mania increases as does the mental illness and the $soy.
Utilizing some deep proprietary magic with the 1.618 fib as a confluence tool for surgical position leveling, I have marked all the levels and level clusters otherwise I've deemed important, giving us a nice picture of the market field ahead of us.
Looking for an extreme blowoff top for the best possible risk/reward, earlier entries are also acceptable, but the stop leveling is very important.
Sketched out with the pen tool is how I would see it breaking down into the levels below.
A hedge is just a hedge, and betting big counter-trend is one of the riskiest things you can do.
Stay safe out there, keep your people safe, and dodge the $soy.