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Today we will share our view on the S&P500 CFD using the 4hs chart. a) Currently, the price is testing a relevant support/resistance zone, there we want to see if the level will be broken OR if we will see a bounce there b) In any of the two cases we have mentioned, we expect the price to bounce either on the support zone or in the ascending trendline c) ...

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🔸WEEKLY CHART EXPLANATION: . . 🔸Price tried to break the Ascending Trendline but it could not make a downside move. . 🔸Instead, we can see that the current candle is breaking the Resistance Zone (now Support Zone). . 🔸In the long term, we consider that price has potential to make an upside move towards the Resistance Zone. . 🔸 Will look for a lower timeframe...

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Today, we have a long setup to share. Here you will see a full explanation of the logic behind it. a) We always start on the weekly chart; we want to understand the main context. b) There we can see that the price has broken the previous all-time highs, and after that, a massive consolidation started c) Now, on the Daily chart, we can see that the...

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🔸 WEEKLY CHART EXPLANATION: . . 🔸As we can observe, this pair has been on a downtrend since 2017. . 🔸It has recently retested the Descending Trendline, and left some strong bearish candles. . 🔸Each time price touched this trendline, it did a downside move, so, we expect the same now. We consider that this pair has potential to make a downside move towards the...

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Today, we have a long trade to share on this ETF. Here is the full explanation a) The price is above a major Support zone that was resistance before b) We can see a clear ABC pattern (continuation structure above the Support and on the edge of the ascending trendline) c) Based on these 3 items, 1) Corrective structure b) Supported on a Major level c) The...

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🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Trendline. . 🔸After that, we can observe that has been consolidating on a corrective structure. We are waiting for a breakout to the downside. . 🔸 In case the breakout happens, our first short term target is the Support Zone at 0.6400.

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🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Channel. . 🔸After that, we can observe that has been consolidating on a corrective structure that has been recently broken to the downside. . 🔸 The first bearish target of this move is the Support Zone at 132.00. Will look for a lower timeframe bearish setup. ...

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Today, we will share a long setup; here is the full explanation: a) The price has broken a descending trendline after reaching a support zone and making a reversal movement b) Currently, we can see a corrective structure making a throwback on the broken area c) Based on that, we have set a long setup above the trendline of the corrective structure (check...

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🔸4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Trendline. . 🔸We can observe that this pair has been moving on a range for the last months, but now we can see a clear structure broken to the downside. . 🔸 The first bearish target of this move is the Support Zone at 104.300. 🔸DAILY CHART ANALYSIS:

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🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Trendline. . 🔸We can observe that this pair has been moving on a range for the last months, but now we can see a clear structure broken to the downside. . 🔸 The first bearish target of this move is the Support Zone at 68.300. 🔸 DAILY CHART EXPLANATION:

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Today, we have a long setup to share. Here you will have a full explanation a) We always start with the Weekly or Daily chart to see the most relevant area. There we can see huge support that provides us with a bullish context b) On the 30min chart, we can see the price above the weekly support zone c) There we have a corrective structure on a key...

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🔸"GBP/AUD Bullish View" 4H Chart: . . 🔸Price bounced at the Support Zone. . 🔸It has broken the Descending Trendline. . 🔸We can observe that it has been consolidating on a range for some weeks since the breakout. We are waiting for an upside move to confirm the bullish move. . 🔸 Will look for a lower timeframe bullish setup. 🔸DAILY CHART ANALYSIS:

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🔸4H CHART EXPLANATION: . . 🔸Yesterday we posted an Idea on this pair talking about the two potential scenarios that we were analyzing. . 🔸As we can see, it is breaking the Support Zone, so, we are considering the bearish scenario right now. . 🔸What we are waiting is for a clear consolidation below this zone (corrective structure) to get involved on this pair. . 🔸...

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Today we have a long setup to share. As we are used to we will start by sharing the Macro view and then we will explain the 4hs chart a) Weekly Chart: The price bounced from a clear Support / Resistance level tested from both sides b) On the 4HS chart we can see a broken descending trendline + a clear corrective structure supported on the weekly level ...

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🔸4H CHART EXPLANATION: . . 🔸Price broke the Major structure after bouncing at the Support Zone, and then did a corrective structure. . 🔸As we can see, it did not break the structure to the upside, so, our bullish view was cancelled. . 🔸Now, we are waiting for a breakout of the Support Zone before considering a bearish position on this pair. . 🔸 Will look for a...

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🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Resistance Zone and broke the Ascending Trendline. . 🔸As we can see, now it is making a corrective structure. . 🔸In case of a bearish breakout, the first target is the Support Zone . . 🔸 Although we have a bearish view on this pair, we also have analyzed a bullish scenario in case price breaks the Resistance...

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Today we have a long setup to share. Before starting, its important to say that this is long-term setups; this requires patience and the idea of waiting without observing. Let's go with the full explanation of this. a) We will start with the weekly chart. Pay attention to 2 items - The price has broken a long term ascending channel - Currently, we have a clear...

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🔸4H CHART EXPLANATION: . . 🔸Price bounced at the Support Zone and started a nice bulish move, however, it couldn't surpass the Resistance Zone. . 🔸Instead, it has been rejected, and now it is breaking the Ascending Trendline of the current structure. . 🔸If the breakout is confirmed and price consolidates below, we may see a bearish move towards the Support...