In a previous post, we explained that we were waiting for a retest to develop setups after the breakout of the current range. You can check all the processes on related ideas.
Now the situation is ready. How will we proceed from here?
The setup execution is pretty straightforward; we will open bullish setups on a new ATH and define our stop loss below the...
Good morning traders! Today we bring you a medium-long-term analysis on GBP/JPY, as it is in a situation that is worth evaluating.
🔸We see that the price has been moving inside the ascending channel for about a year.
🔸Although the general direction is bullish, it has been in a consolidation for several weeks.
🔸Now, what we are waiting for is a touch of the...
Today, we will take a look at Interactive Brokers Group.
a) The main thing we can see on the chart is that the price is getting compressed between an ascending and a descending trendline.
b) Let's take a look at the Weekly Context
c) When a situation like this is happening, it is not a good idea to develop...
Good morning, traders! We will analyze USD/CHF on the 8H Chart (it is not a very used timeframe, but it is handy) to show the current behavior and explain why we consider that this pair has upward potential in the short term.
🔸We see a clear transition from a downtrend to a potential uptrend.
🔸Price broke the bearish channel with solid momentum but had been...
Today, we will look at a possible setup we may take on PLTR if everything goes as expected.
a) At the moment, the price is making contact with a relevant resistance level. That's why we want to see a breakout attempt before taking action
b) Whats are we waiting for? We want to see a correction with similar proportions to the oval you can see on the chart....
Good morning, traders! Today we will analyze GBP/AUD (multi-timeframe) to explain our bullish view in depth.
First, we would like to start with the graph with the longest temporality (Weekly) to explain the context and where this direction comes from.
🔸Here, we see that the price rebounded on the Weekly Ascending...
Today, we will speak about Mondelez International. Let's check what we can see on the chart:
a) The major structure is an ascending channel, where the price is about to make content with. There we expect a bullish reaction
b) Currently, we can observe a flat pattern that is 100% ready. From a technical perspective, flat patterns are continuation structures...
Good morning, traders! Today, we will analyze EUR/AUD in multiple time frames to explain why we consider upside potential for the short term.
🔸Based on the technical context, we see that the price is in a short-term uptrend.
🔸Recently, there was a bounce in the support zone that gave a possible completion to the current price correction.
🔸If this is the...
Today, we will speak about NVDA
On this chart starting on March 2020, these are the elements we can see:
a) The price was inside an ascending channel (let's call it number 1) and also has broken that structure. Currently, we can see the price supported on that dynamic channel.
b) Another interesting element is that on the 1H chart, we can see a clear Flag...
Good morning traders! Today we find this interesting situation in GBP/JPY, as we see that the price is breaking the Descending Trendline of the consolidation.
Let's see the technical aspects:
🔸The corrective process that the price is in began approximately 5 months ago. It has been a bearish movement but with a sideways character.
🔸At this moment, we see a...
Today we will speak about NETFLIX. These are the main elements we can see on the chart:
a) The price has been inside a consolidation of around 420 days. Now we have observed the breakout
b) Based on that, we want to see a 7 days correction (at least), and if that happens, we will set pending orders on the new ATH and stop loss below the correction
Good morning, traders! Today we bring you our multi-timeframe AUD/USD analysis to show you what we expect in this pair, along with a detailed technical explanation of our view of the context.
🔸First of all, it should be noted that we are still in a downtrend. A change in trend will occur only if the price manages to break the bearish macrostructure (marked...
Today we will speak about The Coca - Cola Company.
Main items we can see on the chart:
a) The price is making a corrective formation (yellow lines)
b) Currently that structure is supported on a previous resistance level + the bullish trendline
c) The next resistance zone we have is the previous ATH. That's why we are gonna use that level as a target
Good Morning traders! Today, we will carry out an analysis on the NZD/USD, since it is in a critical zone and can generate an interesting movement in the short term.
🔸Technically speaking, we see the price in a consolidation structure that has been in place for a few months.
🔸During the last few weeks, we saw a very aggressive bullish movement, which reached...
Today we will speak about Mondelez International.
Let´s see the conclusions we can make on the chart:
a) The price is inside an ascending channel
b) Currently, the price is close to a key support/resistance level which makes convergences with the ascending channel
c) That's a key level we want to observe contact. That would mean for us that the...
Good morning traders! Today we bring you an analysis of the GBP/USD 4H chart, as it generated an interesting behavior that can be taken advantage of in the short term. Most likely, this move will happen next week.
Technically speaking, what we see in the chart is the following:
🔸The price practically reached a double bottom with the previous bullish momentum,...
Today we will take a look at Beyond Meat Inc.
The main things we can see on the chart are:
a) Clear support level working since May 2020
b) Corrective Pattern being supported on the mentioned level.
c) Every time in the past the price was there had a strong bounce towards the ascending white trendline, which we can consider a dynamic resistance...
Good morning traders! Today, we will analyze USD/JPY in a relatively low time frame, to show a situation that can develop in the short term.
🔸As we can see, the price is in a bullish channel.
🔸We can define this just now, since it was able to break the range that was active for approximately two weeks.
🔸Thanks to this, we consider that there may be a bullish...