The Weekly chart is an amazing timeframe to look for Critical levels. What are Critical levels? Situations in which the price made clear reversal movements. Generally, we will tend to see there Relevant corrections or new bearish trends. Let's see what we can see on this chart: a) We have a weekly resistance zone between 50 - 52. That level has been tested...
Good morning traders, today we bring you our analysis on Netflix, since we consider that it has a great upward potential and is a good investment opportunity. Based on what the behavior shows us in the chart, we can obtain some conclusions: 🔸For many years this stock has been bullish, so we will base exclusively on the behavior of this year. 🔸From the...
Let's see why we expect more bullish pressure coming on the market based on technical items. a) The price made a new ATH in September 2020, and after that, we observed a Massive Corrective structure. (This type of structures can tell us about the Accumulation process going on) b) In November, we observed a breakout of the Massive corrective structure c) ...
Good morning traders! Today we want to share our bearish analysis in USD/CAD. 🔸It is crystal clear that the trend is Bearish since the bounce in the Weekly Resistance zone and the break of the trendline. 🔸The price did not generate any reversal in the Support Zones, penetrating them all to the downside. 🔸Due to this behavior and the strength of the movement,...
Today we will share a bullish analysis of JPM, explaining the major zones and the potential movements we can expect Relevant items: -The key area to pay attention to is the Resistance zone. We can see in the past what happened after the price broke it. We had an 18% bullish movement -It's important to pay attention to the corrective structure formed on the...
Today we have prepared a scenario for a possible future situation. The idea of this type of process is to show what we will be looking for in a bearish setup on Gold. This type of futures projections is useful to bring a solid approach to your trading system; why?. Because you will be waiting for the market to create a structure you consider worth trading instead...
Good morning traders! Today we want to show you this awesome chart that we were analyzing this morning to look for a bullish opportunity. 🔸To analyze this situation, the timeframe that provides the most information is the Weekly chart. 🔸As we can see, during this year, this stock had a rise of more than 100%, to then begin a correction of approximately 20% from...
Good morning traders, today we want to share our analysis in NVDA. 🔸Needless to say, it is a stock that has been extremely bullish for a long time. 🔸This year, the price had an increase of more than 200%, and with very few corrective processes, one at the beginning of the year with the downside move suffered by most of the assets, and the current correction,...
Today we will make a two timeframes analysis on GBPUSD; the idea is to understand possible directions based on the current level. Weekly Chart: On the weekly chart, we want to pay attention to two levels. a) The descending trendline that comes from 2008 and b) the Resistance zone at 1.35000. Those two levels combined create a key level to pay attention to...
Good morning to all members of the community! We hope you have an excellent trading morning. Today we want to share our long-term vision on the NZD / USD pair, since this pair has been with an incredible movement during the last weeks, and, although the trend is intact, we were hoping you could take into account our price levels in case you have open positions. ...
Today, we will show you a full analysis of FACEBOOK Let's start on the Daily chart: a) We can see an ascending channel that was formed from the early IPO of Facebook b) Currently, the price is above the channel, showing a clear strength of the bullish trend c) Above the channel, we have a pennant pattern (This type of patterns are known as...
Good morning traders! Today we are going to talk about the situation of AMD, since it is at a critical level, generating an interesting behavior. What can we see in this chart? 🔸Well, first of all, clarify that it is a stock that is at historical highs, in a marked upward trend. 🔸What happens in all clear trends is that there are impulses and corrections in...
Clear setup to share on PYPL Main concepts of the chart: a) The price is inside a major ascending channel (Bullish Structure) b) We saw a breakout of the last Resistance zone and the price moving on the edge of that level c) On the edge of the Broken Resistance zone (now working as support), we can see a Flag Pattern (ABC Structure), which is...
1) Let's start the explanation of our view with the Weekly chart. There are two items to pay attention to. First: We have a broken ABC pattern, also known as Flag Pattern, which is considered continuation structures that tell us about a new impulse coming after the breakout of it. Second: The target is the next resistance zone that worked as a strong supply area...
Good morning Traders! Today we want to share our bearish view on GBP/USD. 🔸We see that the price after bouncing off the resistance zone and breaking the Major Channel began a consolidation. We were expecting a bearish continuation but it clearly did not happen. On the contrary, the price generated a solid bullish movement, slow, but directional. 🔸Now, this...
Today we will pay attention to ABMD. Main items we can see: a) The price has broken a Descending Trendline b) Currently, the price is above a Relevant Area c) We have a clear Flag Pattern; remember that Flat Patterns are considered continuation structures d) We expect a bullish resolution towards TP1 and TP2 e) The resolution can take about 50...
Good morning everyone! We hope you have a beautiful trading day today. We want to show you our analysis on the AUD / USD pair, as the upside potential of this pair is exciting, and we would like you to take advantage of it. What do we mean by upside potential? 🔸Well, as we can see, the price was in a strong downtrend for many years, which, finally, this...
Good morning traders! Today we want to bring you this medium-long-term analysis in USD/JPY. This pair has consolidated during the last months, without clear direction, but we consider that it has the potential to resolve downwards. What are we based on to have this forecast? 🔸As we can see, the price was in a downtrend for most of this year. 🔸There is a...