InvestingScope

InvestingScope

The pair is trading on a 1D Channel Up (RSI = 56.222, MACD = 0.7000, Highs/Lows = 0.0000) that has just rebounded on the Higher Low. This aggressive bounce is not purely technical (Brexit fundamentals) so we expect high volatility until a trend prevails as long as the Higher Low is intact (support) the target is 149.780. If it breaks, then the pattern is negated...

InvestingScope

The pair is trading inside a 1D Channel Up (RSI = 51.618, STOCH = 45.324, MACD = 0.059) and has just made a Higher Low. We are expecting a rise towards a Higher High next. TP = 11.6200. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.

InvestingScope

The pair is trading inside a 1D Triangle (RSI = 49.588, STOCHRSI = 52.749, Highs/Lows = 0.0000) having made a Low the previous week. We are expecting a rise towards a High within this week or the next. TP1 = 0.6845, TP2 = 0.6873. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are...

InvestingScope

On previous studies we have identified Bitcoin's Reward Phases and Cycles ( ), calling the bottom upon entering a long term and frustrating Despair Period ( ). This Despair Phase we are in, where BTC investors begin to lose faith on their holdings, is when it is best to start accumulating. Some would argue that we should wait for the Halvings. Although this is...

InvestingScope

GBPDKK has been trading on a long term 1W Channel Up (RSI = 64.794, MACD = 0.060, Highs/Lows = 0.1840, B/BP = 0.2987) that is close to making a Higher High. According to the monthly Higher High trend line since Sept 2017, the price should pull back towards the median of the Channel. We are therefore shorting with TP = 8.5500. ** If you like our free content...

InvestingScope

Cocoa is currently trading on a 1D Channel Down (MACD = -26.310, Highs/Lows = -32.7143, B/BP = -53.5400) about to price its Lower Low. We have a pending short order on the 3rd estimated Lower High, which based on the previous channel's should be printed. TP = 2100. ** If you like our free content follow our profile (www.tradingview.com) to get more daily...

InvestingScope

The pair suffered a strong sell off on two very bearish 4H candles, hitting our previous target in the process ( ), but rendering at the same time 4H oversold (RSI = 23.843). Despite caused by fundamentals (ECB announcing further stimulus, delaying hikes) this decline was technically expected on the 1D time frame as the 1D Channel Down (RSI = 33.261, MACD =...

InvestingScope

This is a long term analysis on Gasoline on the 1W chart. We are trying to determine where this aggressive buying sequence that started at the end of December will stop. The previous similar sequence stopped just below the 0.618 Fibonacci retracement level. Then it bottomed just under the 0.500 level and consolidated before it resumed the uptrend. We expect a...

InvestingScope

The pair is trading on a 4H Channel Down (RSI = 49.565, MACD = -0.001, Highs/Lows = 0) within a wider 1D Channel Up (RSI @ 58.099). The 4H Channel Down is aiming at the Higher Low of the 1D Channel Up. This is projected to be within 1.2900 - 1.2950. The previous 4H Channel Up made its Lows where the Channel Up before it made its Highs as seen on the chart. So...

InvestingScope

Another simple study based on the comparison of the current (2018/ 19) bear market with the previous one (2014/ 15). After 442 days from its respective All Time High, the 2014/ 15 bear market broke sideways from its 1W Channel Down and never crossed the January bottom again. That break-out was the confirmation of the bear market's bottom and the start of a...

InvestingScope

The index broke on Monday the 1D Channel Up (RSI = 57.363, MACD = 302.300), making a bottom below the Higher Low limit (Highs/Lows = -54.6429, B/BP = -113.5340). The rejection near the 26,280 1W Resistance can potentially escalate to a full 1W pull back towards the 1W Support Zone (24,140 - 24,280) but only if the 25,620 Monday low breaks. As seen on the chart...

InvestingScope

Silver is now trading around the 0.5000 Fibonacci retracement level on 1D with the chart being oversold (RSI = 32.316, STOCH = 18.561, STOCHRSI = 7.542) after the continuous decline since last week. This is the only level that we may see a rebound as if it doesn't hold the danger of a full pull back towards 14.000 is significant. We are long, TP = 15.470. **...

InvestingScope

The pair continues to trade inside the 1D Channel Down (RSI = 44.807, MACD = -0.001, Highs/Lows = 0.0000) which last week priced its Lower High at 1.1420 as predicted on this call ( ). Technically it should look for its Lower Low now which on sole channel measurements is located at 1.11900. However it will face again the strong 1W support at 1.1215, presented by...

InvestingScope

On the 1W chart the pair is neutral with mixed technical action (RSI = 53.224, MACD = -0.040, Highs/Lows = 0.0282). This is because every rally is being sold towards the long term 69.200 Support. What we paid attention to is the fact that the 0.618 Fibonacci retracement level has rejected twice the previous uptrends, creating Lower Highs and a Descending Triangle....

InvestingScope

The pair has been consolidating on 1D being neutral on RSI = 53.770, ADX = 12.201, CCI = 45.4112, Highs/Lows = 0.0000. This present a good short opportunity on 4H as the price was rejected yesterday the moment in entered the Sell Zone at 0.90845. Our TP is 0.89550. ** If you like our free content follow our profile (www.tradingview.com) to get more daily...

InvestingScope

The pair is trading on a 1D Channel Up (RSI = 68.410, MACD = 0.530, Highs/Lows = 0.6550) which on Friday made its technical Higher High. A pull back is now expected either on a -0.77% sequence or -1.20% to price a Higher Low. Our TP is 111.215 with 110.740 the extension. ** If you like our free content follow our profile (www.tradingview.com) to get more...

InvestingScope

Oil made a Double Top last week on 4H just below the 58.00 mark. However the pull back was supported on the inner trend lines of the 1D Channel Up (RSI = 56.821, MACD = 1.010, Highs/Lows = 0.0000) indicating the possibility of a soft Higher Low. 4H resembles an Ascending Triangle aiming at its 58.80 Resistance. This is our weekly target. If the inner supporting...

InvestingScope

The last previous uptrends stopped just above the 2.618 & 1.618 Fibonacci extensions respectively. This indicates that we should similarly be expecting this time either 0.0035445 or 0.0049726 in extension, with 1D on a very stable uptrend (RSI = 67.793). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **...