InvestingScope

Using the Gaussian Channel, we can see how last week's aggressive rise has now entered into the bearish wave length. In the 2014/ 2015 bear cycle, the time it breached this length marked the final pressure point before the new bull market started. It is rational to assume that Bitcoin has entered into a "buy-the-dip" phase as the consolidation of the accumulation/...

It's been a month since Boeing's share started taking hard hits following the crashes of their 737 MAX aircrafts that gained a lot of unfavorable media exposure. The biggest hit was the March 11 1D candle that left a big $13 Gap. The recent (since 2018) price action on BA shows that every 1D Gap (either bullish or bearish) was filled. So in technical terms one...

Uranium has broken through its multi-year bearish trend in August as it broke the Lower High trend line on the monthly chart. To the disappointment of investors it was rejected just below 30.00 and last week it touched the previous Lower High trend line again only this time from above. If it rebounds on that level, then it would mean that it would have...

With the U.S. - China trade deal developments ongoing and reportedly staying on positive grounds, the stock markets are globally on the rise in 2019. This is a good time to examine how the heavy Chinese companies are performing. FXI is the index that tracks China's stocks with the largest capitalization. On the monthly (1M) chart we see that since the 2009...

We have been bullish on Bitcoin since it made its low in December where we called a bottom on the 2018 bear cycle. What we have been trying to determine since is the pattern which BTC will follow as it transitions from the bear cycle to the new bull market and new ATH (All Time Highs). All of the suggested models follow the parabolic curve, which we recently named...

The index is now testing the 1W Resistance (26,280 - 26,300). 1D has been trading on an Ascending Triangle pattern (RSI = 62.583, MACD = 150.200, Highs/Lows = 229.6786) and upon reaching this 1W Resistance zone on overbought stochastics (STOCH = 98.665, STOCHRSI = 90.823, Williams = -0.392) a sell window opportunity emerges. The SL however should be tight...

Bitcoin is on a very strong rise today (surpassing +15%), as it broke above the 1D Ascending Triangle (RSI = 82.873, MACD = 102.500, Highs/Lows = 553.3727). The 1D is overbought and a pull back would be a natural technical expectation. However today's 1D candle needs to avoid closing below the the 0.382 Fibonacci retracement level from last week's lows as it will...

We have seen the current trading set up on DAX during its previous mini bear cycle (April 2015 - February 2016). During that time the index finally broke upwards for the new mini bull cycle once both Lower High trend lines were crossed and held as supports on at least 1 re-test. Currently DAX has broken above the first Lower High trend line (dashed) and has...

This study intends to point out an obvious attribute of Bitcoin that is often neglected. Its quality as a Store Of Value. Historically this attribute is distorted as Bitcoin is subject to heavy speculation creating the Bubbles that mainstream media and short term traders pay much attention too. But on market that is such psychologically driven one aspect remains...

The price has just bounced on the top of the 1D Support Zone (1.29640 - 1.30000) pricing in the meantime a technical Higher Low on the 1D Channel Up (RSI = 46.912, STOCH = 51.138, MACD = 0.001, Highs/Lows = -0.0037). Technically we are expecting a test of the 1D Resistance Zone, which if crossed will lead to a new Higher High for the Channel. We are long, TP =...

The pair is now testing the 143.150 - 143.750 support (1) on 1D after the Double Top rejection at 148.650 - 148.900 earlier in March. This may create a Channel Down on 1D (RSI @ 44.512, MACD @ -0.070, Highs/Lows @ -0.8879) if this Support 1 breaks (Lower Low). This is our first target and on the long term we will use 141.00 as the extended TP. We see a similar...

EURUSD has been practically trading sideways since November 2018, with however relative bearish bias since 1W is on Lower Highs (RSI = -40.078, MACD = -0.008, Highs/Lows = -0.0063, B/BP = -0.0113). Our attention is currently expanding on the larger 1M time-frame where the bearish long term sentiment is clearer. STOCH, STOCHRSI, Williams are all oversold, and as...

The pair completely reversed the strong uptrend that started at the beginning of 2019 and after breaking the 110.30 Support, 1D is on the first stages of developing a Channel Down (RSI = 41.381, MACD = -0.140, Highs/Lows = -0.3943, B/BP = -0.7700). The inner bearish channel (dashed lines) may provide a steady pace towards a new low, but even in the event of a...

Bitcoin keeps trading within its 1D Channel Up (RSI = 55.512, MACD = 39.400, Highs/Lows = 0.000) with every pull back presenting a buy opportunity. The price rebounded yesterday after a Higher Low inside the channel and since BTC doesn't trade for long on the lower tier (below the median), we expect it to rise above 4,100 and settle to a trading action above the...

Gold has created a very steady Channel Up on 4H (RSI = 53.232, MACD = 2.320, Highs/Lows = 0.0000, B/BP = 0.19010) following a break out from the previous 0.618 Fibonacci pattern as we pointed out here two weeks ago: The current price action has two support levels (1,311 - 1,312 and 1,308)....

RUT is practically neutral at the moment as the 1D Channel Down (RSI = 46.549, Highs/Lows = -4.0275, B/BP = -30.2779) keeps the index bearish while 1W (excluding the early Dec - late Jan extreme) supports it (RSI= 49.965, Highs/Lows = 12.4371) from a greater fall. So far Russell is a no-action asset but we are willing to go long on the upward break-out of the 1D...

The price reversed the previous bullish sentiment on 1D and is currently neutral (RSI = 48.853, ADX = 28.377, Highs/Lows = 0.0000). The next long term direction should come after a lower test of (at least) the 0.500 Fibonacci retracement level. With 4H already on Lower Highs (Highs/Lows = -0.0750, B/BP = -1.5520) we have a TP = 8.637. ** If you like our...

It is no secret that Palladium is one of the biggest winner of the last 3 years. It's long term chart shows that there is even great upside potential. During 1996 - 2001 Palladium made a +879% rise before it consolidated for more than a decade. Palladium investors eye a similar pattern. The strongest reason behind this is the Palladium-to-Gold ratio. In 2000/2001...