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Joined April 2014
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Semiconductors and memory continue to struggle at the lows while the "b-team" pushes to new highs.
Do we have fresh red flags in the AI trade?
@junglefunk_ looks at this and more in our midweek check in:
youtube.com/watch?v=pCspx5X5…
"It is not uncommon for people to spend their whole life waiting to start living."
A quote from the book The Power of Now by Eckhart Tolle.
With $MSOS monthly support 3.88 breaking (Thanks GLAS) This has to be the low or we will be seeing longer term red flags. I am still only in TRLV after bailing MSOS 4.80 on the news, but will trigger back into my CRON 3.32 where I sold it as the weekly chart continues to tighten. I will do an update video towards end of month.
LIVE in 10 min to check in on the BTC 12H falling wedge for weekly higher low:
youtube.com/live/SNy5wV2AWGo…
$BTC 12H falling wedge broke bull. Live stream this afternoon to check in, 3PM (link coming around then)
When a setup breaks down before you enter, what do you actually do?
A) Walk away - if I’m not in, I’m not losing
B) Wait and watch - still want to understand it
C) Chase it anyway
D) Add it to the watchlist for next time
Where does the market stand after the fearful end to last week?
Is the AI bubble popping?
@junglefunk_ looks at that and more in this week's market wrap up, check it out:
youtube.com/watch?v=9edHR0D2…
Evening Doji Star: a bearish triple candlestick pattern.
How to spot it: Three candles with a bullish, doji, and bearish candle.
What it means: Appears in uptrends; signals potential bearish reversal, as the doji suggests indecision, confirmed by strong selling on the third candle.
The Evening Doji Star is similar to the Evening Star, but with a doji as the middle candle, highlighting greater indecision. This pattern consists of a bullish candle, a doji, and a bearish candle, indicating a shift from bullish to bearish sentiment. The doji suggests that buyers are losing control, with sellers prepared to reverse the trend.
Understanding Evening Doji Stars allows traders to recognize market tops, helping them avoid overextended trends.
