Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nasdaq is approaching a quite obvious weekly previous structure area exactly at the HKEX:13 ,500 area from which we could see a short term rejection. You can also see that we are currently quite overextended towards the upside on the...
As we can see on the above chart, Nifty & Nikkei have two different Corrective Structures . Nifty and Nikkei is a ABC and WXY correction respectively. So the Right Side in the short medium term is down or turning down . Now we expect that the correction will be completed in the end of third quarterly, 2023. At this moment we only identify Nifty with bullish...
guys keep following for this kind of crazy movies if the chart is doing this i am on it
On a weekly chart, the price broke above the upper band of an expanding wedge channel, now it just made its second retest of the upper band- making that level a bit more stronger (provided it does not get broken). So, i am having 2 bias, one is mid-term bullish bias as shown in the above chart. A break above the Intraday - OB followed by a retest would mean...
After the double bottom under 29k and a break above descending trend line resistance, Dji has started to consolidate (as if it was waiting for Nas100 and SP500 to catch up, and now are all aligned:) ). Technically, the picture is bullish and crystal clear, with a price waiting for a trigger to break above the triangle's resistance. CPI could provide this trigger...
S&P started the year bullish putting in a higher low on our daily chart and after reaching the trend line(that is the talking point in all analyses) corrected slightly. At this moment the price is flirting with 4k figure and a break up seems very probable. In such an instance 4.2-4.3k zone becomes in focus for the short term. P.S: For the long term, on the other...
So how did US's inflation report fare on Thursday 12th of January and how will this take the by the hand? For now, t's still moving down but not as sharp as it's been climbing. A YoY decrease of 0.6% in CPI and a YoY decrease of 0.3% in Core CPI. However, if we look at the MoM data, it's barely moving down to the point that core inflation has even moved up!...
SPX500 has been in this long down trend. Price is currently trading right at the main trend and looks threatening with a lot of bullish candles building up. 4000 is the mental price and i am watching for a break or rejection before taking any trades. Sure to say Monday will be interesting
My course is finally available! If you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and...
Since the recent low at 3500, marked by a huge bullish engulfing, with a long down tail and engulfing the previous 3 days, SP500 started to rise and, at the time of writing is trading exactly in 3800 resistance. With a new bullish engulfing on Friday, the odds are in favor of a bottom, at least for now. At this moment I see 2 bullish scenarios in SP's case: 1. A...
My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and...
In this analysis, I discuss SP500 using Russel2000 as a leading indicator and try to figure out what can follow for US stocks and if the drop will continue. In my opinion stocks are not out of the woods yet and another 20% drop is looming on the medium term
My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and...
My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and...
My forex course regarding my strategy in full is now AVAILABLE! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and...