Australian Dollar/Canadian Dollar it's in the range formed as the past symetric triangle fell, but Aussie still bearish what I hope a bearish return from this smart point. What I was shorting AUD/CAD from $0.9142 CAD, but I decide to short from $0.9177 CAD as hit my break even and loss only 31 pips. But not bad, as this trade it's only developing a possible drop...
ADA still in the downtrend and appear that bears are taking control in this trend. what ADA price it's around $0.25 cents, and based in H8 timeframe, we see a potential short toward $0.21 cents. The H4 still bearish and H8 too. What this it's a great opportunity to sell ADA based in price action. Meanwhile, if we closed up with a bearish signal in Daily...
Great Britain Pound/U.S. Dollar look an interesting trade that we can to take it. But, we can't to take decision fast as before, we need to take cautious to analyze the chart and how the movement will develop it. So, in this timeframe I'm watching 2 important levels: $1.2058 USD and $1.2080 USD to take a possible smart zone to sell Pound/Dollar. So, in case...
As I follow this trade from the past week. This it's the quickly update that I knew very well one thing. As before I said that AUD/CAD will climb, thing that happen when I told you in the past week, what as result, climb but I don't cached the opportunity. But analyzing from the H1 and H2 timeframe, we're in the correction that the market structure speak us that a...
• AMD is trading at a key support level, around the 61.8% Fibonacci’s Retracement; • In addition, last week, it filled a previous gap at $63.05. This gap is another support level for AMD’s price; • What’s next? Keep in mind, it is still a mid-term bear trend, as AMD is still doing lower highs/lows and it is below the 21 ema. If it loses the $63.05, it’ll just...
• The SPX is still trading at its key support level, just above the gap support at 3,818; • The trend is still bearish, and if it loses this support level, it’ll resume the bearish sentiment to the next support level, which is at 3,744; • However, the index is trying to bounce, as we saw some bullish reaction last week; • Any bounce would have to face a major...
In this H8 timeframe, as I make this analysis, we see a nice position to short and we should to hope in the next hours to develop their movement until $17,300 USD approx. and see if this it's a good zone to short Bitcoin. What I advice you to hope that the price develop their movement and find up a smart zone to short. Also, another way could be that Bitcoin...
Bitcoin still in this downtrend and the price still in the range of $16,800 USD what bears are taking control in this trend and also, this it's a nice opportunity that price speak us that investor keep with this bearish sentiment. So, we could to trade in swing trading and short Bitcoin from this timeframe if you want or analyzing big timeframes like Daily...
BTC chart in pair to USDT on a four-hour interval. As we can see, BTC has been moving in the sideways trend channel for a long time, moreover, we can mark the triangle with the help of white lines, which we are currently trying to lower down. Now, with the help of Fib Retracement, we will check the support places for BTC in case the price starts to fall and...
• NVDA did exactly as we expected since my previous analysis on it, as it lost our dual support level, and it hit our target at $150 (the link to my previous post is below this analysis, as usual); • Now, NVDA is in bearish territory, as it did a lower high/low, and it is trading below the 21 ema; • In order to reverse this bearish sentiment, NVDA must do a clear...
• TSLA finally hit our target at $126; • So far, there’s no technical bullish reaction indicating a bottom or that TSLA will bounce/reverse; • In this case, the next support level to aim is the $110, as evidenced on the weekly chart above; • However, if we see a bullish structure just above the $126 support, TSLA has the potential to bounce and seek higher levels...
• AMD is crashing today, and it is rejecting yesterday’s bullish reaction; • What’s more, it behaved exactly as we described in our previous analysis on it: It respected the first retracement at 38.2%, but when it lost it, it just dropped to the 61.8%, ignoring the 50% retracement – This pattern happens most of the time; • In the 1h chart, AMD is losing the 21 ema...
• AMZN hit our target at $85, but there’s no bullish reaction on it so far (link to my previous analysis is below this post); • Both, the 1h and Daily charts look very bearish, as AMZN is just doing lower highs/lows; • There’s a support at $84.33, in the 1h chart, which could work for a while, but most importantly, if AMZN wants to react, it must break the $85.86...
Australian Dollar/Canadian Dollar has the potential change of trend that based on this analysis, we're in the smart point to buy. But we formed a Elliot Wave Cycle in this analysis. And analyzing the price action, we see a bullish candlestick in this timeframe. In the RSI in H1 timeframe, I appreciate a bullish hide divergence formed and this mean that there's a...
• The index has an open gap at 3,818, which is a technical support level; • Today, it is trying to stabilize above this gap, but the trend is still bearish; • As long as the index keeps doing lower highs/lows in the 1h chart, and it stays below its 21 ema (which is pointing down, by the way), we can’t say the trend will reverse; • So far, there’s no bullish...
• In our previous analysis, we nailed the bottom on NVDA, and it went up about 16%, until it gave us a top sign on Dec 13 – the link to our previous analysis on NVDA is below this post, as usual; • Now, we must update our key points; • First, there’s a new support area on NVDA, around the purple line + 21 ema. The trend is still bullish, as long as it stays above...
• The SPX lost our key support at 3,911, a sign of weakness, and this indicates more correction; • Now the index is finally doing a lower low, while it is below the 21 ema – a trait of a bear trend; • In this scenario, the next stop is the 3,818, to fill the last gap (yellow square); • In addition, the 3,911, our previous support, is supposed to work as a...
• Since our previous analysis, AAPL did exactly what it should do, and we scored another target on it – the link to my previous public analysis here on Tradingview is below this post, as usual; • Now, AAPL keeps dropping, and there’s no bottom sign on it yet; • The next support level is at $134, as this point worked as a support in the past a few times; • If AAPL...