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Technical Analysis

Weekly Outlook! 7/19 - 7/23Here is what we are watching for this next week! NYSE:DASH Dash we are seeing a nice bounce at the .382 FIB level. We'll be looking to take a position on a move over $170 or under $164 NASDAQ:EA Nice long term set up here with an ascending triangle, we're sitting right near long term trend support and are looking to take a move over $144 if the market is trending upwards NASDAQ:FB FB we are looking to play some continued momentum to the down side and look for a move under $340 NASDAQ:ZM Very similar to DASH in that we've bounced off of previous resistance and the .382 FIB level. We are looking to take a move over $366 and under $354 NASDAQ:CRWD CRWD is also sitting at long term trend support, we are looking to take a move over $254 and under $247
NASDAQ:CRWD
by ThirtyninethParallelInvestment
Dax index 4hour & weekly trend analysis Hello everyone , as we all know the market action discounts everything :) a short video where we look at the 4H & 1W chart trying to understand the market and the direction of the trend . Starting with the 4H chart ,the trend seems to be bearish after the price dropping from an all high, This break higher has left behind the sideways trend from the last few weeks ,the price does seem to be moving in a ascending triangle pattern, the 4 hour trend seems to be going in a bearish kind of way but the major trend does remain bullish . indicators showing us that bearish movement where we see : 1_The market price moving below the MA and the EMA (bearish sign) where MA at 15658.040 and EMA at 15626.054 and the market price at 15540.310 2_MACD still remains bearish after a negative crossover between the MACD and the Market price 3_Stoch RSI sitting in oversold area (bearish sign) Support & Resistance points : support Resistance 1_ 15505.99 1_15663.29 2_ 15445.82 2_15760.42 3_ 15348.69 3_15820.59 Now lets look at the 1W chart and see what's the market state , using the Elliot Wave theory we could be seeing a small corrective move after that the market will probably continue his uptrend , the major trend does seem to be bullish with no signs of a reversal to be found on the chart , if the uptrend continues we could be seeing the DAX Index hitting the 16000 zone. indicators confirming the uptrend of the market where we see : 1_The Market price trending above the 21MA and the 21EMA (bullish sign) where MA at 15185.248 and EMA at 15139.265 and The market price at 15540.310 . 2_Average Directional Movement Index (ADX) & DI showing that the market is in a trending phase at 27.296.with a bullish crossover between the DI+(20.191) and DI-(13.962) 3_RSI showing strength in the market sitting at 63.71 with no divergences. Support & Resistance points : support Resistance 1_ 15428.12 1_15716.76 2_ 15168.31 2_15810.41 3_ 15031.27 3_15962.02 Make sure to Follow and Like for more content This is my personal opinion done with technical analysis of the market price , not financial advice. If you have any questions please ask Thank you for reading.
XETR:DAX
by GabiDahduh
6
CHF/JPY, USD/SGD, GBP/AUD and AUD/CHF on watch for me today.CHF/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. USD/SGD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection. • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. GBP/AUD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection. • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. AUD/CHF: • If price pushes down to and ideally just below our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
1
CHF/JPY, USD/SGD, GBP/AUD and AUD/USD on watch for me today.CHF/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. USD/SGD: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply pushes up to and ideally just above our lower rayline, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. GBP/AUD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, or price gives us a one hour rejection then I'll be looking to get short with a risk entry either after a phase line break on either the fifteen minute or the one hour chart, or just below the one hour rejection. • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is impulsive, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above the upper rayline of our most recent piece of structure, then regardless of how it does so I'll once again be waiting for a convincing impulse back down followed by a tight flag and then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If none of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place any of these trades. AUD/USD: • If price pushes down to and ideally just below our lower rayline, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
1
Weekly Outlook! 7/12 - 7/16Here is what stocks we are looking at for the coming week! As well as a recap of last week's video! NYSE:CAT Looking for another swing high off of lows. Looking to get a confirmation for the break of it's current bullflag pattern over the $220 level. NASDAQ:NVDA NVDA has been range bound the last two days between $806 and $788. We will be looking for a range break in either direction of those levels NASDAQ:ROKU Nice dip here after the recent run we have seen. Looks like we got a break of resistance and will look to catch the next move higher over the $434 level NYSE:YUM Nice trend resistance break on Friday, looking to catch a move over a break of $119 for continuation NASDAQ:EBAY Nice bullflag pattern forming here at highs, will look to take the next move up after a break of the $70 level
NYSE:CATLong
by ThirtyninethParallelInvestment
GBP/AUD, USD/SGD, AUD/USD and NZD/JPY on watch for me today.GBP/AUD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. USD/SGD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses back down below our rayline, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place either of these trades. AUD/USD: • If price pushes up above our rayline, it does so impulsively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. NZD/JPY: • If price pushes up above our rayline, it does so impulsively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade.
by StewySongs
2