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...
Today we will speak about QCOM on a range situation that we like the context.
What can we see here?
- The price is inside a range since January 2021
- Currently, the price is supported on an ascending trendline + relevant support/resistance zone level.
- Another important aspect of the chart is that we can see a fully formed ABC flag pattern with...
Good morning traders!. Today we will analyze EUR/USD, as it is breaking a fundamental trend line and may present a bullish opportunity in the short term.
🔸The downtrend has been in effect for several months.
🔸The more vertical trend line has been broken to the upside, which is a good bullish sign.
🔸Now, we consider that the price can move towards the next...
Today we will talk about PYPL!
-The price has bounced on the main ascending trendline since the 2020 March bottom
-What can we expect from here? We have defined two horizontal levels (green and red) for the bullish and bearish views. Please don't consider them as triggers; use them as reference lines. On the next image, we will show you the specific filters...
Good morning, traders! Today, we will analyze USD/CAD in two timeframes, 4H, and 30min, to show you our macro vision and what we are looking for in the short term to take a position.
🔸Talking about the context on the 4H chart, the price is in a clear uptrend within a channel.
🔸This channel has multiple touches, which validates it safely.
🔸Recently, the price...
Hello guys! today we will analyze BA. We are planning on developing a setup here, and we want to explain the full idea.
The first thing we should see is the big picture: We have a broken descending trendline with a massive corrective pattern on the edge of it. If you check the logarithmic chart on the weekly timeframe, you can see that this situation has...
Good morning, traders! Today we show you our vision on the Daily chart of EUR/GBP.
🔸The price generated a strong bounce (double bottom pattern) at the previous support.
🔸At this moment, it is in the first level of supply to consider, which is the downtrend line.
🔸For a bullish continuation, we need to see a break to the upside.
🔸If this happens, we will look...
Today we will talk about CRM. Here we have an active setup, and we will explain why we decided to develop it this way.
Main structure: The most important aspect of the chart before the entry was executed, was this huge Flag pattern above a dynamic support resistance level. We were waiting for a breakout of the structure before developing setups. Also, we could...
Good morning traders! Today we will do a multi-timeframe analysis on EUR/JPY, as it is in an interesting zone, and there may be a bullish opportunity in the short term.
🔸As we can see, the price is bouncing off a support zone. The two daily candles that we can see tell us about strong buying pressure.
🔸Although the trend line was broken to the downside, the...
Today we will analyze the current chart of Visa. Let's start:
a) The main two structures we can see on the chart are: The ascending channel and the dynamic support resistance level (yellow lines)
b) Currently, the price is above the dynamic support resistance level and is supported on the ascending channel
c) At the moment, we have a corrective pattern...
Good morning traders! Today we will do a multi-timeframe analysis of EUR/NZD, as there may be a bullish opportunity in the short term, and we want to be prepared for it.
The technical vision shows us the following:
🔸The price broke a downtrend that was in place for more than a year.
🔸After that event, it failed to make an upward momentum; it remained within a...
Technical View on COIN
*Since the IPO, the price has been falling to a -51% from which is trying to recover now.
*Currently, we can see a range (yellow lines) and a first breakout attempt that at the moment has failed, and we are observing a "retest" that may continue falling, which will invalidate this view if that's the case.
*However, if that scenario...
Good morning, traders! Today we bring this interesting chart in NZD/USD, as it may present an opportunity to take in the short term.
🔸The price broke the main bullish channel, and since then, it has been moving in a range.
🔸If we draw the trend lines of this correction, we see that it is facing against the lower trend line.
From here, we can propose two...
Today we will take a look at PLTR.
a) The price is inside a range since March 2021. The support and the resistance zone define this range.
b) There is an accepted idea that the expected target of a range breakout is its length above or below it. Using this, we can project a minimum target on the yellow arrow if we have a bullish breakout. However, if the...
Good morning traders! Today, we will analyze AUD/USD on a Daily Timeframe, we will detail the technical aspects of this pair, and we will explain why we consider the bearish view at this time.
🔸First of all, we must clarify that the main trend, so far, is bullish. Although the trend line was broken, the price still failed to break down any major support zone,...
Today we will speak about the current situation on SQ (we made a post a few weeks ago. You can check it on related ideas)
At the moment, we think the bullish scenario is the most probable one, and we are ready to define the activation levels based on the previous analysis.
What were we waiting for?
We were looking for a first breakout attempt on the current...
Good morning traders! Today, we will analyze USD/CHF on the 4H chart, as it is in an interesting situation, and it is likely that in the short term, we will see a new upward movement in this pair in the short term.
🔸As we can see, multiple structures were broken upwards.
🔸First, there was a breakout of the descending channel. Then the price generated a bullish...
Today we will take a look at the JPM chart:
What are the main things we can see here?
a) The price is above the last support/resistance level.
b) The ascending channel has been broken, and the price is currently supported on the broken structure
c) We can see a complete ABC corrective pattern
d) Projecting a new channel assuming that the price makes a new ATH,...