Search in ideas for "dcb"
GBP/NZD short-sell weekly chartGBP/NZD short-sell potential weekly chart overbought levels in rsi, bb, demarker
3:1 risk reward ratio 300 pips vs 900 pips high pennant resistance 2.100/ 2.0500 stop-loss, support low 1.900 target-profit
Economic calendar release for NZD RBNZ Interest rate decision 0.25% vs 0.25% and GDP for GBP (QoQ) -2.5% vs 0.0% (YoY) -2.1%vs 1.1%
Open Market in monday has potential (DCB) dead cat bounce 2.0420 oversold in demarker 30 mins - 4hr and trend continuation to downwards
BTC bearish retest of channelI'm watching BTC on 7 different charts from various exchanges and I think I've drawn and redrawn this channel differently at least 2 dozen times on each of them.
I'm leaning bearish both on low and medium time frames *at least*, and I expect us to test high 5ks, even (much) lower if the HTF support breaks. I say this against halving logic, for various reasons, but chiefly because I expect fuckery in traditional markets as well - the DCB seems to have lost strength and the markets seem prime for reversal and downward continuation.
How long can the printer going BRRRRRRrrRrRrRRrrRRRR can distract people from the *burning elephant in the room*?
In any case I would much appreciate opinions!
Big move is literally guaranteed sometime this yearJust look at this. So beautiful.
There is no room for a big move to the downside unless ETH just straight up dies, so this can only mean 1 thing.
Don't leverage. Buy spot. Be patient when this thing wallows at these levels or even lower for weeks. We're looking to test the DCB from ATH levels of $800 or $900 sometime this or early next year.
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Tata Steel cmp 434, 4 hour chart, forming Harmonic patternTata steel has already given breakout from daily weekly and rested support at 420 (please check daily weekly chart), with respect to breaish butterfly harmonic pattern , point no. A-B and if C holds @ 430 (where support trendline is also seen) it will again move up to complete the pattern. Target is coming around 530 with SL at 415 dcb cmp 434. Risk to reward is 1.5:10
Remember this pattern is valid only if point no. C holds, hence prz @ 430, if it respects will be updated here in same thread.
Sharing is for education purpose only.