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VIDEO: Yields continue to get headlines and shape narratives. How I structure my analysis around a bull and bear thesis, with the details that dictate probabilities. chartguys.com/watch?v=eNM04C…
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What chart pattern am I? I fall once, recover — then fall again Back to the same low before the bulls regain A neckline sits above my two equal lows Break that level — and momentum grows
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Let's Talk Pattern... Interrupts It’s a story as old as time: things are seemingly going well, and all of a sudden you’ve tripped over a rock and you’re stumbling, falling. Just when you think you’ve caught your footing, you realize you caught your footing on a cliff and you’re plummeting towards the ground thinking “how did I let this happen again??”. Then you hit the bottom. You survive. And you promise yourself "I will never let this happen again!". Until it does. How do we stop patterns from repeating themselves? Why isn’t the knowledge of the pattern alone enough to stop the behaviors? The first answer is that patterns, since they are repeated time and time again, become pathways in our brains - they become so easy to follow the sequence we don’t have to put any energy into following them. The path of least resistance. Riding a bike. Just knowing that it exists, or that you wish it didn’t is nowhere near the amount of energy needed to correct or interrupt the behavior, and lead you towards a different path. Where do most people go wrong? They believe that will power alone will make it so that they’re never in the same situation again. They believe that if they recognize the behavior, that is enough to correct it. Wrong! You will DEFINITELY be in the same situation again without an interrupt. So what can you do? Well the first thing is not only to recognize the pattern, or the end result, but also the behaviors and exact steps we take (or don’t take) in getting there. It is not enough to see the overall view, we must break down every step, and then take measures to interrupt every step that goes away from us. This also means we have to put measures in place to correct steps before they occur, or to make tools available to ourselves before they occur. An example of this in dieting is to eat before you go grocery shopping, or bring your own snacks to the movie so that you are less likely to buy junk food. We are not only using will power to try and avoid junk, we are taking steps that fill the void and force a new habit. The idea is instead of never letting things happen again, or never putting ourselves in a bad situation, we are giving ourselves the tools to be successful when, undoubtedly, the situation arises again. Take some time to think about the sequence of events that leads you astray. Write out the exact steps - this will help you recognize them much earlier, and give you far more opportunity to stop things before going bad. Dig deep, avoiding yourself in this effort is a sure way to not get better. Figure out a sure fire pattern interrupt. Loud noises, physical activity, making your body and your brain connect with the word STOP. Then, replace the old easy step with positive behaviors. Choose antidotes to every step of the patterns you use, so that when the challenges arise, you already have the tools in place to successfully. This is an active process, you have to expend more energy interrupting patterns and replacing them with new ones. It takes time; weeks, months, years of commitment, and many frustrations. But no better time to start than today.
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Bullish Abandoned Baby: a bullish triple candlestick pattern. How to spot it: Three candles with a bearish, gapped doji, and bullish candle. What it means: Appears in downtrends; suggests a strong bullish reversal, as the middle doji shows indecision, with confirmation by a strong bullish move. The Bullish Abandoned Baby is a rare but powerful reversal pattern that consists of a bearish candle, a gapped doji, and a bullish candle. The middle doji reflects indecision, while the third bullish candle confirms the reversal. This pattern highlights a dramatic shift in sentiment, showing that buyers are prepared to take control. Recognizing the Bullish Abandoned Baby can offer traders insights into pivotal market shifts.
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$MSOS There are people who say technical analysis is useless in this sector... $4.65
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September 6th video
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I exited CRON after hours on the news, $3.33. I will re-enter at that level if we hold $3.09 and get back to it.
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TRLV's version
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US10Y with the hourly back burner holding daily EMA12. Apparently they are useful here too...
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Short 4.65, cover half 4.55, break even stop 4.75
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Look at the volume bears brought vs. what bulls tested resistance with:
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Just a reminder to use volume for some extra validation.
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$BTC 4H... back in megaphone land where breaks both ways lack follow through:
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The market continues to see heavy rotation, the question is where are we looking next? @junglefunk_ checks in on the markets and keys in on where to keep your eyes for opportunity, check it out. youtu.be/YXJMMGubiFU
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Why did I choose this morning as the first time I have ever longed $MCD? Already in extremes, and saw its first gap down in a while. Video yesterday preparing. Break even stop now under low of day for swing attempt:
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$229.99 stop on what I have left from yesterday for tiny risk.
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This new rule has helped @junglefunk_ avoid a long losing streak...
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