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Today we will share our view and trade idea on JNJ. First, let's start with the Weekly chart, so we can make an idea of the big picture: Here, we can see the price inside a huge ascending channel. The price reached the upper trendline, and we saw a clear rejection there. Now the main conclusion of this is: -If the price is not able to break above the...

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Good morning traders, today we bring you a long-term analysis of the AUD/JPY pair, since it is in a critical zone. 🔸Speaking a bit of context, we see that this year the price broke up the Bearish Channel, which is a strong bullish signal. 🔸After that break, there was no interesting Supply Zone, so it had a clear path to the current price level. 🔸The area that...

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General Explanation of MJ MJ is the first cannabis-focused ETF to trade in the US. The fund tracks an index of stocks across the globe that are engaged in the legal cultivation, production, marketing, or distribution of cannabis products for either medical or nonmedical purposes. The index identifies companies that legally derive more than half their revenue...

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Good morning traders, today we bring you our long-term analysis on the NZD/USD pair, since we consider that it is in a critical zone. 🔸During the last 12 months, the price had a rise of approximately 35%. 🔸This upward behavior generated a break in the Descending Trendline, which had been active for 7 years. 🔸After that break, the price continued its strong...

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Good morning traders! Today we bring you a long-term analysis of the GBP/AUD pair, along with a short-term vision to show you where we recommend taking a bullish position in case you are looking for a trade in that direction. 🔸The price has been in a bullish channel for four years, and a few weeks ago we saw a retest of it. 🔸From there, the price generated a...

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Yesterday we saw a sharp decline in the index that was totally recovered by the end of the session. What can we see now based on that? On the Daily chart, we can observe that we are against a major Trendline on the daily chart, and the price reacted there. However, let's take a better look at the 4HS chart. Here we can see that the price is making a...

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Good morning traders, today we bring you the analysis of the GBP/USD, which, although it is indisputably bullish, it is good to know where to be careful in this move. 🔸Speaking a bit of context, we see that the price broke the Descending Trendline and the Resistance zone. 🔸After that, it generated a consolidation that lasted a few days. 🔸By breaking it to the...

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Good morning traders, today we bring you an analysis and potential setup of what we would expect in the EUR/GBP to be able to trade the downtrend. 🔸Before explaining what we are looking for in this pair, we will focus on analyzing the context and showing you why we consider that the downtrend is still in force. 🔸After the break of the bullish channel, the price...

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Two weeks ago, we made a post about the current situation on NIO where we were observing a clear corrective structure. - The situation we are currently in, stills the same; however, the sideways movement we were observing made a new low, and we need to recalculate the structure - Our Previous entry-level was not executed (that's the main reason why it is so...

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Good morning traders, today we bring you an update of this analysis that we posted a few days ago when the price was facing the downtrend line of the channel. 🔸There was a clear rejection of the trend line, which was what we were waiting to confirm its continuation. 🔸At this moment, the price is facing the previous low, which we could consider as a support...

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Today, we will use the Daily chart to understand Bullish and Bearish directions on this stock a) Currently, the price is on a Key Support/Resistance zone, and we can expect a bounce or a breakout b) If we have a breakout of the current level, the next level we can find support is 112 - 110 c) If the price bounces on the support zone, we have 3 levels to...

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Today, we will share a bullish perspective we have on Black Rock - The main structure we are observing is an ascending channel - Inside the ascending channel, we can see a flag pattern above a support zone - We saw a breakout of the Flag pattern and a secondary corrective structure above it - Now, we are waiting for a breakout above the green line to...

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Good morning traders, today we bring you our analysis in GBP/AUD, since we consider that it has upward potential in the short term if certain conditions are met. 🔸First, we see that the price tried to penetrate the long-term Ascending Trendline to the downside, but was unable to consolidate below. In fact, both attempts failed and it was placed inside it...

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Today, we will speak about the current structure we can see on TSLA . - Corrective Patterns tell us about the accumulation and distribution process. That creates sideways movements which form this Zig-Zag / Triangles / Irregular patterns - Breakout trading is about waiting for the breakout of a formation. We consider that the accumulation and distribution...

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Good morning traders, today we bring you a long-term analysis on the EUR/JPY, since it made an important breakout that we have been waiting for a long time. 🔸After the break of the bearish channel and the resistance zone, the price consolidated for several weeks with no clear direction. 🔸Apparently, this corrective process is over, as we are witnessing a...

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Good morning traders, today we bring you our analysis in USD/JPY, since we consider that it is in an interesting demand zone and we must take it into account. 🔸The price broke the Descending Trendline with great momentum, but faced a Supply Zone where it began to pull-back. 🔸Now, it is retesting a support zone, where, if we analyze past scenarios, there was...

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Today we will make a study on BTC using the logarithmic chart (that's the only way to see previous movements with the same proportions as the current ones) General Characteristics - The similarities between the Bearish movement that started in 2014 and the impulse that happened from 2017 to 2018 are astonishing compared to the current situation we observe...

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Good Wednesday traders! Today we bring you our daily view of the AUD / USD pair. 🔸As we can see, the price is in a clear uptrend, which can be marked with an Ascending Channel. 🔸Throughout the last month, the price remained in a corrective phase, and we can draw a flag pattern. 🔸Right now, it is trying to break the pattern to the upside, and if this happens,...