In this video idea, I share what Indicator Templates are and how you can use them.
NASDAQ, NDX / QQQ, has been leading the stock market rally. In my opinion, we don't need to take any other chart / index into consideration when looking at the trend of the stock market. We recently reached the top of a large pattern that goes back to 2018. I mentioned in a previous idea that the price is likely to find resistance on the top line, and it...
Weekly trend did not change, new lows made. Cycle low target date in August or September. With the continued fundamental uncertainty the natural gas down trend has continued. Price will likely continue to be extremely volatile.
A simple idea, yet effective. No comments as it is self-explanatory
Hello Traders, This morning I'm looking at a possible short selling opportunity with EURJPY but I would like everyone's input. I'm trying to establish if this is a decent risk to reward sell trade. I know the odds of the trade are more likely in my favor but I'm wondering if I should increase my target or even execute this trade at all. Let me know what you guys...
Something pretty interesting happened when the DXY ( U.S. dollar index ) is inverted, and split chart next to the US500, a derivative of the SPX500 that trades within the construct of the OTCC markets and is a good 24/5 proxy....
The chart says it all. generally we could expect a weaker dollar in the weeks to come. However, the CAD still shows a stronger Bond yield spread than the Dollar. Market sentiment iin terms of the commitment of traders showed declining net short positions in favor of the CAD. In terms of price action, USDCAD is currently below previous month's low at 1.3737 levels...
Silver is testing an important rising trend line on 4H. the touchpoint matches perfectly with a horizontal 4H structure. +the price has perfectly formed a bearish engulfing candle signifying a strong bearish pressure from the underlined area. on 1H the price has formed a head and shoulders pattern and the breakout of the neckline is confirmed. now I expect a...
If you asked me 2 years ago Snap would be outperforming Twitter by 50% I'd say you're crazy.. Always interesting and fun to pay attention to some of these ratios that do not have broad market implications.
📍 EURUSD G10 FX Strategy The analysis of this starting position shows us two important triggers to conduct additional entries to our long positions. => A flanking manoeuvre is underway, but also a quick-witted fundamental swing; the euro's transition towards a funding currency and eurobonds saves it from collapse. As long as this expectation exists, the...
In this idea I will break-down all the price action we have seen over the last few months and explain where I believe we will be headed in July 2020. I base my decisions for this analysis mostly on big world events such as COVID-19, GF, and the recent correlation of bitcoin to the legacy markets. All of this is available for free, please give me a thumbs up if...
I think it's quite likely that we're going to revisit the MA200 one last time, as a final shakeout, before any kind of rally can start. The stock market looks as if it want to commence a second dump wave, therefore, it's quite likely that btc will follow to some extent. However, it will not follow as strongly as last time, because now, we are in post halving...
While BTC has been the dominant crypto-currency in both capitalization and percentage growth, we expect this to change in the short term, or the so-called "alt season" appears to be in its very early stages. Bitcoin's dominance registered a temporary high near 73 and we are now likely headed back towards the prior fourth-wave low of 52 (chart 1). Meanwhile, alt's...
Last week , we noticed how the S&P 500 was trapped inside a range from the June 16 spinning top candlestick. Prices remained within that range until Wednesday’s sharp drop, which may now create the potential for more downside. The weekly chart has some warning signs. First, there was a bearish outside candle in the week ending June 12. That came after the Federal...
The strong selling pressure is contained in a simple chart,good luck
Gold is not a fast mover but nonetheless is proving to be resilient and creating higher highs and higher lows despite obstacles along the way. The global pandemic forced price down rapidly to the 200 simple moving average in March of this year. Price quickly found its footing and soon began rising and breaking above previous highs. From April 14th 2020 price...
I think this coin can move upwards quite a bit. Broken out of falling wedge with increasing volume. Will be watching out for resistance and reversal at 8000 levels (white line) otherwise I can go further up. Bouncing off from fib's golden pocket so it should move upwards.