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are we ready to rumble higher , or is a correction in the cards


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#4491 K Wave

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Posted 08 February 2025 - 09:30 AM

Looks to me like if this 6 hour turn divergent turn sticks, most likely target around 2700ish

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4492 K Wave

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Posted 08 February 2025 - 09:32 AM

Losing the 5 min on Sunday night could be first step on that journey

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4493 K Wave

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Posted 08 February 2025 - 09:49 AM

Summation combined with price charts at interesting spot here...

 

Friday's A/D action was indeed enough to turn them....and it looks like breaks below 19500 on Naz Comp and 20K on NYA could possibly lead very fast decline...like falling of a cliff edge

 

See if bulls can save it or not early next week.

 

https://stockcharts....id=p83733137120

https://stockcharts....id=p44465978337

 

Anyway, Friday's failure to launch has me on red alert at this point.

 

Using Rusty as a proxy, only a move above Friday's high would cancel it...and it would likely cancel it a big way.

We have an a very tangled web of time frames here and big move in either direction would likely decide things for a while

 

Hourly and 2 hour perhaps most important to watch here

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4494 K Wave

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Posted 08 February 2025 - 11:53 AM

BTC still slowly trying to rollover as Doge disintegrates

 

 

weekly looks a bit toppy

 

 

Is Gold / BTC just about to launch and complete a massive turn? (they could both drop and still have this happen)

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4495 K Wave

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Posted 08 February 2025 - 12:00 PM

PA...NOT a good week...

 

IF it does not get back above 1K REAL SOON, this could turn into a massive failure with monthly target as low as 450

 

Still in savable territory here, but another Big red candle could be a killer if it turns that momo back down from here...

 

HUGE how its ACTs moment incoming...

 


Edited by K Wave, 08 February 2025 - 12:00 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4496 K Wave

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Posted 09 February 2025 - 10:45 AM

With South Africa ready to expropriate land for "nil" in many cases, took a look at Rand

 

Boy does USDZAR look ready for the vertical part of the journey on weekly

 

 

Looks to me like if this 4 hour builds a base and turns the corner upside, could be the beginning of an incredibly profitable trade short the Rand

 

 

12 hour suggesting the same on a break above 19

 


Edited by K Wave, 09 February 2025 - 10:46 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4497 K Wave

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Posted 09 February 2025 - 10:50 AM

Assuming Silver topped on Friday for a bit....seeing this possibility for Silver Euro

 

Back below 30, then perhaps something more nefarious

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4498 K Wave

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Posted 09 February 2025 - 10:55 AM

In any event...if and when G/S breaks that MASSIVE pivot down there...ALL IN

 

Might be a while yet, or could come relatively quickly

 

These super elevated levels will eventually give way, and when they do.............

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4499 K Wave

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Posted 09 February 2025 - 05:29 PM

BTC.....if the 2 hour trendicator kinks down here and price goes through the yellow...could get violent

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4500 K Wave

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Posted 10 February 2025 - 08:22 AM

That spike down and reverse looking potentially positive for Silver Euro getting away...see what happens dead ahead

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy