ScotThomsen

ScotThomsen

Wave 5 played out, Banks are selling, Volume is dropping...Bearish on 30 min. chart!

ScotThomsen

NVDA etc. is Bearish at the moment, while Banks are attempting to provide Bullish liquidity! Likely, investors are looking for more of an attractive discount...many things considered!

ScotThomsen

China isn't thrilled with the Tariffs...Corrective wave 4 might be over, so we can expect a wave 5 drop next likely!

ScotThomsen

Likely, a wave 5 retest, as our chart indicators reveal...

ScotThomsen

Wave 5 hitting some Tech demand, with increasing volume..:-)

ScotThomsen

Corrective wave 4 is likely over on a 5-wave impulse drop!

ScotThomsen

Bitcoin is also very likely dropping further, as Markets react to Trump's Tariffs etc. If the apparent H&S pattern plays out to the downside, then lower 90's or so is possible!

ScotThomsen

Before China released it's free AI tech software last weekend, the chart was hugely Bearish...A great example of following the "Tape Reading" and leaving your ego at the door!

ScotThomsen

Monthly Volume is low, MACD Momentum is falling as price continues to drop...

ScotThomsen

"Gina" apparently released free AI software that works well on practically everything! Not so great for US Tech stocks etc.

ScotThomsen

"Gina" apparently released "free AI software" that practically works on anything! Not so great for US tech stocks etc.

ScotThomsen Updated 

The orange 30 min candle was possibly indicating a reversal, which is what the price did, so we were stopped out with a small loss...However, the downward correction might not be over!

ScotThomsen

We are using color-coded candles for easier speculation on price action!

ScotThomsen

We have color-coded the candles, which adds to our speculation, as to where the price might likely go next...💲

ScotThomsen

Bitcoin appears to be possibly maxed at a resistant price level, as it could be testing buyers with a discount...

ScotThomsen Updated 

NZD/USD is likely to continue dropping, since the COT data has been steadily decreasing over the last several weeks, which adds to the current Bearish bias...

ScotThomsen

The previous 3 "Halvings" have skyrocketed historically! We're looking to Buy discounted pullbacks...

ScotThomsen

Very likely 1900+ to take-out stops above 1880...👍😎 Also,1840 was best long entry at bottom of corrective wave 4!