• AAPL is doing exactly as we expected since our last analysis on it, and it is bouncing just after it hit a clear support level (the link to my last analysis is below this post, as usual); • Although this movement was pretty obvious, we can’t say this bounce will become a reversal structure yet – it is too soon; • However, AAPL has more upside, as the last gap is...
• The SPX is reacting above its retracements, as I warned on my previous analysis (link below this post); • Now, the index is trying to close above the retracements and above its 21 ema as well, indicating some strength; • Last Friday, the volume was quite high as well, another sign that the index wants to recover; • Since we finally see bullish reactions near its...
Dear Trader, Quite happy with what gold did today. I have been waiting for the retest of the 1680 zone one more time and this was actually fast-tracked with increase unemployment rate despite the increase in NFP for the month. I believe Gold is at a very strong resistance right for the 4th time in the last in the last 8 weeks after the initial break down and...
Key Confluence - Uptrend - Support levels - Bullish with 4H and 1D EMAs - MACD and Oscillator bullish - Strong bullish rejection at support
With the fed set to continue raising rates through 2022 I do not see a bottom in sight. Presented above I map out the two most possible scenarios in my opinion. The December fed meeting is the most important meeting coming post midterms. The November meeting this week will answer a few short term questions but the real question is do we begin slowing in December?...
As per the EURUSD trade idea, if the US dollar index continues to correct lower, we should see the major crosses react bullishly against the greenback.
This would require the US dollar to keep dropping, which I am not totally convinced will happen. However, I am following the plan and hopefully, it will let me get to TP1 and Breakeven
• META is still in a very strong bear trend, doing lower highs/lows in the short and mid-term; • So far, there’s not a single bullish sign of structure that could help META. Although there’s no perspective of a reversal, we must keep some key points in mind; • First, is the $96.37, the black seen in the 1H and D charts above. If, by any means, META reacts and...
The Dow Jones is leading the way for the three US indices by being the first to recently break and close above the daily 200 simple moving average. There was a previous break and close above the 200 simple moving average back in August this year but this proved to be a fake breakout. Only to see price decline by 16%. This recent move up has been more impulsive...
Inflation is just at corner ... We should be expecting 5th wave completion ... This excitement might be temporal. Dollar index is still bullish ... Looking for shorting entry will be much safer ..
Here we have the alternative to the previous post, I personally see fewer indicators leading to a bearish trend compared to how many bullish trends I see on previous chart. The .38 rejection would be the previous levels of support and my stop loss would be previous resistance levels please leave feedback always trying to learn!!
Interesting stock, Armonic trend, the stock is in obviously bear Market, and it seems will continue in this way. The earnings were below the expectation. The price is continuing its downtrend and the price is using the moving average of the 50 periods as resistance that push down the price. Let's in the coming weeks if the trend will reach the area of attention...
Interesting situation, the stock price is in a bear trend, the price reaches a lower level of the area of attention between the level price 411.15 and 453.29. Leaving a big gap between the close price of the day before. Statistically, the gap price is usually covered in the next sections. the trend looks very symmetrical and looks following the moving average of...
The BTC price have been in a downtrend since its peak, early November 2021 at a price high shy of $70,000 US Dollars. Since, price had decreased 50% plus to a local bottom around $33,000 US Dollars, Late January 2022. Followed by a relief rally with a peak around $48,000 US Dollars, Late March. For then continue its downtrend to the support area around the...
This is the daily time frame for US 30, Downtrend.
At the end of last week the Nasdaq, flushed through some stops and had a bearish close. For the bears, they are feeling trapped as there was no follow-through to the downside. In fact the snap back signalled a bullish reversal. Today we have broken higher out of the opening range and the initial balance. We're just waiting for that pop to confirm that today is the...
#BTC UPDATE 22.10.2022📊 #BTC: $ 19,100 #ETH: $ 1,300 📊At 1H TF for Bitcoin, the situation with moving averages is approximately the same with 4H TF, since we have been standing in a range without volatility for a long time. Now that range has begun to narrow (a triangle has been formed) and the buyer does not release the price from it, driving large volumes on...
The USDJPY is now up 18% since breaking out from the major resistance at 125.85 from the June 2015 high. In the recent post for the USDJPY, price was up 11%, so it has seen good growth since then. The move is no surprise as price broke out from long-term consolidation, lasting almost 7 years. Following this strong current move, we can expect another period of...