MarcelMartins

MarcelMartins Updated 

Good evening guys, Ive just released 2 ideas POUND-related and now i'll explain why im bearish on gbp so far, this is a GBP FUTURE chart for the current month. First of all, on the left chart im not using traditional candlestincks, im using the Point N' Figure chart, its a great chart for those who wanna avoid the "noise" of the market, very good on stocks...

MarcelMartins Updated 

Good night everyone, Quick look at ACB stock As we can see on daily chart, bullish outlook, but we are reaching a resistance level and that huge volume bars concerns me. I expect some drop on the next days and a good place to buy is at 7~7.50 zone (demand zone) IF price action shows rejection on it like a low test candle. The suplly waves are weak so far...

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Good week everyone! Quick look at NATGAS. as we can see, the 2.50 zone has been a huge and unbreakable support since beggining of 2017 and recently we tested it again, and rejected it. -Rsi turning Bullish -Down wave volumes are decreasing Ok lets take a look on daily chart: So far we are on a small descending channel, close to the top of it, what do i'd...

MarcelMartins Updated 

Good evening everyone, Eurgbp has been on a almost sideways and slighty bearish channel for some months now, now it looks like a rejection on the bottom of the channel. We can see double bottom pattern on daily chart. However the price os overextended on faster timeframes and therefore is a smart choice to wait for a pullback and rejection before going...

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Good evening everyone, Gbpcad has been trading on the bottom half of the big weekly channel for a while now and did a beautiful rejection of the monthly R1 + 200SMA weekly resistance level. Now the price is overextended on fastertimeframes and therefore i'll wait for a pullback and rejection before going short. Potencial targets is 1.73 level (monthly...

MarcelMartins Updated 

Good day everyone, quick review at AMD. Overall AMD is on a strong uptrend on weekly timeframe however now its struggling on the current 23~24 zone, lack of demand i say, see the volume decreasing on the attempt to go up? So what to expect? The big operators might retrace the price a little to shake weak hands and therefore resume the up waves. Whats the...

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Good evening everyone, As we can see AUDNZD is oversold on every timeframe and now its forming bullish rsi divergences. If we look at weekly timeframe we see the price is now sitting at a huge support level. The price is not only oversold but too far away from our 50 EMA weekly and daily and therefore it might pullback to them before the sell off goes on....

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Good week everyone. Lets take a quick look on gbpjpy which might have reached a strong supply zone. As we can see on the weekly chart this 147.500 zone has been tested as resistance and support multiple times before and has been respected it, now we are on this conflict zone again. The indecision can be confirmed on daily chart, 2 doji candles in a row and...

MarcelMartins Updated 

Good day everyone, GOLD market has been falling since the rush toward 1350 zone, as expected we are now going to retest deeper zones before a 1400 try. As said on previous idea, i expect gold to retest 1270~1250 zone before another bull rally and rsi give us a hidden bearish divergence on weekly timeframe. Looking now at H4 timeframes we can see that the...

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Good evening everyone, Lets take a look at G.E stock, as we can see on the weekly chart the stock is going in a very long downtrend since APR 17 , i believe we might've reached the bottom now, As we can see price finally went out up of the channel, above the 10.0 psichological level. The entrance should be evaluated on the daily chart, what do we...

MarcelMartins Updated 

Good night everyone, Quick check at CANADIAN DOLAR FUTURES on right bottom of the chart H&S bearish formation, about to break. I dont like 100% this formation, why? Because overall canadian dolar was already in a downtrend and this recent upmove was a correction, and a H&S is a reversion only pattern, so this one cant be fully trusted, anyway its there and...

MarcelMartins Updated 

Good weekend everyone =) Coca Cola had a huge gap down after the bad news on the "earnings" event, we can see on the huge red bar and huge volume , what is that? Panic sell We can see now that the panic is now being absorbed since the volume is decreasing and the stock is trading near a support zone . Overall the stock is still bullish as we can see on the...

MarcelMartins Updated 

Good day everyone, As we can see EURUSD is trading sideways for a couple while now, 3 dojis in a row (daily). Overall im bullish on eurusd as showed on weekly timeframe (rsi bullish divergence also) . So far the 50ema on H4 timeframe is being respected as support. So its sideways moving right? what means a break up or down can disrupt a strong rally...

MarcelMartins Updated 

EURUSD has been moving sideways since the strong sell off from 1.25 resistance level. Now it has been consolidating for some time and now we have bullish rsi divergence on W and H4 timeframes and on euro futures 3D as well. Daily timeframes provide a bullish pin bar A break above the current pin bar may trigger a long position targeting 1.14000 and 1.15...

MarcelMartins Updated 

Good day everyone, CHFJPY might pullback very soon toward 111.500~112.000 zone , the price were oversold on our weekly T.F and now looks bullish, and we have bullish divergence on weekly and daily T.F as well JPY FUTURES are current on a support level however the bears arent gonna respect this one (just a personal guest), at least not for a long time. We see...

MarcelMartins Updated 

CADJPY formed a double top on DAILY timeframe and RSI show a bearish divergence. Weekly timeframe show downtrend and now currently on fibo zone retration. JPY futures stands on support so far. A breakdown below current support should trigger a good short position targeting weekly lows, S.L should be placed previous high. This Trading Idea is to be...

MarcelMartins Updated 

Good day everyone, As we can see NZDCHF has been on a good rally from the .66 zone and now looks like its losing momentum. Now lets be clear, im not calling a short position, not yet, the price can just be consolidating and making a throwback before the rally goes on. As we can see, despite the price is reaching some resistance zone now (W timeframe), we can...

MarcelMartins Updated 

Good evening everyone, Lets take a look on both charts, Gold at left and Dolar Index at right Talking about we can see its moving inside a big channel for a long time now, the top of the channel is the 1350 level and the bottom is ~1205 level with a major support at 1185. Now after a huge rally gold might pullback to lower levels before continue the rally to...