This trade is the start of a fall for SPX. There is a pattern on H4 and multiple signals for us to sell this trade as it is Non-Farm payroll tonight, and I believe it will be the start of an economic crash based on the data and the analysis of the technical side. Stop loss should be above 5020, and the target of 4840
Trend: H4: Pointing Downwards D1: Down Moving Average: With Daily MA Above H4 MA but H4 pointing downwards Pattern: Bat on M30 Strong resistance at 1.0905 33 pip stop loss.
Trend: H4: Down (Not with the rules but there are lots of patterns to take this) D1: Down Moving Average: Opposing Daily MA Opposing H4 MA Pattern: Butterfly on M30 Bat pattern on H1 A few more patterns as well Strong support at 1.0680 and 1.0700 33 pip stop loss.
Trend: H4: Up (Not with the rules but other NZD is looking weak so taking the trade) D1: Down Moving Average: With Daily MA Opposing H4 MA Pattern: Butterfly on M30 Strong resistance at 0.6170 33 pip stop loss.
Trend: H4: Up D1: Up Moving Average: Within H4 MA Pattern: Bat pattern on M30 Deep crab on M15 Strong support at 1.7100 50 pip stop loss.
Trend: H4: Up D1: Up Moving Average: Within H4 MA Pattern: Bat pattern on M30 Strong support at 1.7758
The bullish run of the S&P is really hard to believe. From the low of 4100, it has posted a return of close to 20% over the last 3 months. The market will always have correction, so we need to understand what is the best place to take a counter trend. There is a big pattern to sell at the current price, but the stop loss needs to be above 5000. The risk to...
There is a pattern on M15 and M30; this trade is with the H4 trend and should fall to the bottom as it is the start of the week, and markets tend to weaken when the week starts. Stop loss should be 30 pips with a target of 50-60. This is a quick trade as there is a lot of support below, and it should strengthen after falling.
This trade is at a high and has a lot of resistance to selling this trade; the market seems like it is going to fall next week as the S&P is at a high and will fall next week. Stop loss is above 308 and will have a target of 280.
M15 and M30 are overbought with divergence, and I believe there is going to be a market crash, so JPY should strengthen. Stop loss is 50 pips with a target of 100 pips
This Index has continuously been going up at a high-speed rate for the past seven weeks. However, after this analysis, I believe this will end very soon, and we will see the start of a market crash for the SPX500. H4 is Severely overbought with a lot of divergence, and there is a triple top to show resistance. There is finally a pattern on Weekly that has never...
The market's bull run is set to end based on the indications for seeing on the S&P. AMZN is one of those stocks that have been quite bullish and a correction is on the card at the 150 mark. The technical indicators are: 1) Daily chart is overbought 2) H4 is overbought and lot of divergence present 3) The upward trend line has been violated which has been...
There is a big pattern on H4 and Daily for this short. All of the timeframes are overbought with very good resistance at this level to sell. There is a lot of divergence and double tops so once the price goes to the high of 192 we are going to short it. Also this is part of S&P500 and according to our analysis we believe that it should fall for the next week so...
Buying YEN has been a risk for the past few months. In fact, it is the best time to go to Japan as the YEN is super weak. Having said that, we have a good opportunity to sell AUDJPY now. The risk rewards makes sense and here are the reasons. 1) Daily Divergence is present 2) There is a harmonic pattern to sell at 98.50 3) Strong resistance Stop loss would be...
The S&P has had an extraordinary run in November. It has moved up 400 points from the low and now looks to have consolidated and waiting to drop. Here are the reasons we want to sell this pair this week. 1) Daily RSI is overbought 2) H4 RSI is overbought and there is a double top 3) There is a Weekly pattern to sell which reacted previously and now there is a...
Stock have been bullish for the past 10 days and many folks are expect the bull rally to continue. We follow the charts and this is what it says: 1) NIKKEI is overbought on H4 and have created a double top with divergence. 2) There is a big pattern to sell which is being retested. 3) A smaller shark pattern has appeared 4) We will sell with the stop loss above...
Yesterday's trade on AUDUSD was perfect. If you had taken it, the pair would have given you almost 85 pips which is about 2.5% return. Well done! AUDUSD is still in the uptrend. There is H4 MA support along with Daily uptrend. There is also a shark pattern to buy. We are going long now hoping for about 40-50 pips.
0.6510 is a very strong resistance on the Weekly AUDUSD chart. It is also the high of last week. There is also a crab pattern here. Finally lots of Divergence on different timeframes to make this a high probability trade.