MarcelMartins

MarcelMartins Updated 

Good weekend everyone, quick one at USDJPY Weekly: Price moving inside big triangle for years and now failed to re-test top, therefore i expect price to go down now. Daily: Price broke ascending trendline and now its re-testing it (pullback), should the price reject it then we have another bearish confluence. H4 and H1: Price showing clear indecision right...

MarcelMartins Updated 

Good weekend everyone, Update on NATGASUSD ; As we can see on weekly timeframe we have a huge 2 year support on 2.58 zone and the natgasusd is on bearish rally since ATH around 4.86 usd, overall weekly this commoditie is BEARISH. RSI approaches oversold zone and this might be a good opportunity. Daily chart we see a good support/demand zone around 2.72 usd...

MarcelMartins Updated 

Good weekend everyone, WEEKLY: As we can see on weekly timeframe, silver is been on a big descending triangle since 2016 and failed to break the descending trendline 7 times so far. If you check the last weeks volume up-wave, its decreasing, maybe there is no interest on buying silver yet? The price closed the week below 50ema weekly. DAILY: After the...

MarcelMartins Updated 

Good weekend everyone, lets look at Palladium, a metal similar to platinum and very used on eletromechanics system like relays, also used on OIL industry as a catalyst. This metal has been on a very long term rally upside that never seens to stop, but, nothing go up or down forever. This week candle closed as a bearish pin bar and as we can see the volume is...

MarcelMartins Updated 

Good weekend everyone, Quick look at platinum OANDA:XPTUSD ; WEEKLY: As we can see on weekly chart (right on top) platinum is on a downtrend since 2016 and show no bullish signals so far, again rejected the descending trendline. DAILY: On our daily chart (bottom) we see that ~875 usd level has been a strong resistance level, tested 4times now and was a...

MarcelMartins Updated 

Good week everyone, EURUSD has been on this long downtrend channel for a while now, last week candle just formed a bearish pin bar just long enough to kill a lot of bears stop-losses over 14400 level, first bearish confluence. Bullish confluence = big rsi divergence and therefore watch out for proper money management here. Simples strategy here, wait for...

MarcelMartins Updated 

Good week everyone! NOK opened on friday with a 4% big gap down just over the 200 daily sma and weekly 50ema, and so far rejected it. Overall the stock is on a uptrend channel as we can see on right chart. Now what really draw me attention is the huge volume on friday, way over average, is that just panic? someone was buying there right? Now i'd not buy...

MarcelMartins Updated 

Good week everyone, Quick and clean look at SPX, Price failed to break and accelerate upside last week and closed under 2815 HUGE resistance level, now we must look for some support levels where spx may go. Current candle show another rejection on 2815 level so far. 2740 + 50weekly EMA is the first strong support zone where we can expect some indecision or...

MarcelMartins Updated 

Good day everyone, Lets look at BTC chart on multiple time frames. -Weekly we are bearish, huge descending trendline yet to be tested again, and the recent uptrend volume is slowly decreasing, not good! We have a huge resistance at the indicated level ~4250 zone and im not long anytime until this level is broken with good volume (good volume is slighty above...

MarcelMartins Updated 

Good week everyone!!! Lets take a look on our PRECIOUS GOLD! As written on previous analysis linked below, gold has still room to go down, doesnt mean gold WILL go down, but it hasnt reached his big support so far! After the big sell off from 1345 zone price just make a pullback into 1310 level and now its struggling to keep the upside. If we just look at...

MarcelMartins Updated 

Good weekend everyone, GBPUSD is getting near the top of the big channel on the weekly timeframe and now its starting to show bearish divergence on weekly and daily chart. H4 chart show that price is struggling now with indecision where to go. Therefore we have a short opportunity if price break and close under the H1 50ema . S.L above current high near...

MarcelMartins Updated 

Good evening everyone, USOIL has been pushing up a few days now with the saudi arabia helping this rally upside. Anyway for now oil is creating a bearish rsi divergence on daily chart plus rejection on SMA200 and we are on resistance/fibo retracion zone on the weekly chart. So for now we can expect a pullback toward 56.40 zone before price keeps testing...

MarcelMartins Updated 

Good afternoon everyone, Facebook is presenting not the best long setup, no it doesnt. However what got my attention is the current no volume down waves its presenting, show us there is lack of selling pressure on this stock. On the H4 chart we can see price is almost overbought and near some recent resistance level therefore is not the best option to...

MarcelMartins Updated 

Good day everyone, USOIL did a good pullback after the huge sell off from 75 double top zone to 44 current dip. Now the price is struggling at weekly fibo retracements and near 50 ema which will work as resistance and the huge 60 psichologic resistance level. If we look at H4 timeframes we can see price is moving sideways quite a while now, the last bullish...

MarcelMartins Updated 

Good day everyone, HPQ just lost about 18% of this value on a single week, 8 weeks of bullish progress ERASED! PANIC AND BLOOD ON THE STREETS! Ok, no. Check daily chart, see how to volume on the selling bars is decreasing? This means the panic is slowly getting absorbed. "Hey, this mean its time to BUY BUY BUY RIGHT?" Answer: No, at least, not YET....

MarcelMartins Updated 

Good week everyone, Good week for nvidia users, are you enjoying playing minecraft on your RTX 2080 TI SLI on 4k so far? I do hope so =) Lets take a look on our NVDA stock, we can see on the history that NVDA pretty much rallied up from dips toward ATH on 292 usd level and then a HUGE SELL OFF toward 125usd zone losing 56% of value! So what now? Now,...

MarcelMartins Updated 

Good evening everyone , BITCOIN is trading between 3200~4000 range for a while now. For my personal strategy this is a no trade zone, now if you trade on short timeframes with tight stop losses and target profits then of course this is a natural and good trade zone for you. Now what i expect for btc? If BTC break and close above 4200 level it'll likely...

MarcelMartins Updated 

Eurjpy did a good rally upside as we predicted (see idea attached) and now it did a very nice rejection of the monthly R1+weekly SMA200 and 50EMA with a bearish engulfing candle on weekly timeframe. On daily chart we can see that a doji candle show that market might pullback before the sell off resumes and therefore.... We should keep a look on H4 timeframe, a...