Following our previous analyses on both the daily () and the 4 hr timeframe (), which are going exactly expected, we are noticing that in the last sessions the pair has gone through an expected substantial, but quick consolidation. This is good news to us, because it confirms the pair’s intentions for more downside. More in detail, we believe that after the...
Following the amazing trade we published on this pair (), we have noticed that the pair retraced of quite a percentage of it's previous movement. More in detail, after it's previous upwards impulse, the pair has gone through a slightly complex ABC correction in which, as happens often on certain pairs and in particular the crosses with the Swiss Franc, the price...
Aside confirming our weekly timeframe overview (), we have decided to publish a daily timeframe analysis because, in this timeframe, certain details within the structure can be misleading to many traders, making this a perfect chart for addressing these topics and clearing things up. As you all can notice, within the primary "B" there have been a number of minor...
On the weekly timeframe, EURCAD 's structure is pretty straightforward. In the bigger picture in fact (weekly + monthly timeframes), we can clearly see that the pair had a first impulse to the upside followed by a big and extensive sideways correction. Said correction, which is still in formation, seems to have just completed it's "B" leg. This is very important...
As described in our weekly timeframe overview (), we are expecting and getting ready for a big downward movement on this pair. On this timeframe, we are seeing that the pair has started to form a structure somewhat similar to an ending diagonal, which would make the perfect sell setup, for us. Reminding again all traders that the British Pound against the Canadian...
Following our daily timeframe analysis for this pair (), after noticing that the pair has broken the top, which confirmed the "ABC" correction and was sufficient for said correction to be over, we observed the price action and noticed that, following the first clear small impulse to the downside the pair made a small 60min correction, which gave us the opportunity...
Following our monthly and weekly analysis () we are trying to get a good short entry level, on this pair. At the moment AUDUSD seems to still be in a sideways move, the potential progression of which we have indicated in the chart. More in detail, what we're seeing at this moment, is that either the 4hr correction is already finished, and the pair is just in a...
Rarely we would publish a monthly analysis here on Tradingview, as in reality they can be of little practical use to non institutional or non proprietary traders. Nonetheless, we firmly believe that monthly overviews are crucial to understand the main direction in the bigger picture and in the medium and long terms. This is mostly valid mostly in certain pairs, in...
A pair that very much interests us at this moment is the CHFJPY pair. Not the easiest pair to trade, really, but we are looking at it closely for two reasons. First because the pair is bound to take off anytime for a big movement to the upside, to complete the bigger pattern. Secondly because this is the Yen pair that confirms that all other Yen pairs might...
Similarly to the USDCAD pair, we are expecting a big downward movement on this pair as well. As we clearly see from the chart, OANDA:GBPCAD has had a big impulse to the downside, followed by a solid corrective structure, in the shape of an "ABC" correction. As the correction is about to complete itself, we will be monitoring this pair closely for potential short...
A long time favorite for all traders due to it's long cyclical movements, we have been following OANDA:USDCAD for several months now, as the long term structure was in formation, and have also been able to take a couple of excellent trades on the way. If you have not had the same opportunities, don't worry, as the main opportunity is yet to come. On the daily...
Occasionally we are asked by certain private clients of ours to analyze specific stocks. At times therefore, we find it might be useful to share these analyses to show all traders that certain structure patterns can also be applied to stocks and not only to currency pairs, indexes or commodities. As LSE:FOXT is one of the most relevant companies in the british...
Following our daily timeframe analysis (), we believe that the time is ripe for the OANDA:USDJPY pair to commence it's long awaited impulse to the upside. As we are monitoring this pair with extreme attention, we are noticing that the pair has already made, on the 4hr timeframe, what we could consider a first small impulse to the upside. Whether we don't know if...
Following our previous daily timeframe analysis regarding OANDA:USDJPY (), we can clearly see how the pair was not yet ready to break to the upside for the next big upwards impulse and instead went to retest the low. As we had clearly forecasted that possibility at the time of that analysis, now the pair grabs our attention again, as the upward impulse could...
Following our previous analysis on the weekly timeframe (), we believe that on the OANDA:GBPAUD pair, some short opportunities might be coming along soon, or very soon. In detail, on the 4hr timeframe, the pair had a first impulse to the downside, which is being then followed by it's own correction, in what currently seems to be a simple "abc" correction....
The S&P500 index is currently in the process of ultimating an "abc" corrective structure. If we are right about our structure analysis, this is important information, as it would be the confirmation for more downside, indicating a great trading opportunity with optimized R/R ratio. More in detail, the OANDA:SPX500USD had an impulse to the downside, on the 4h...
Following our previous analyses on Verge () we have seen that this cryptocurrency broke the downtrend of it's downward consolidation, to the upside. Congratulation to all those who were monitoring the trend and managed to get into the buy. Upon a closer inspection we believe however, that there are two possible scenarios that could both play out on the daily and...
Widely considered a the successful evolution of the first cryptocurrency and a potential successor, we have decided to add Litecoin COINBASE:LTCUSD to our list of favorite cryptocurrencies. We will therefore monitor this pair on a consistent basis, from now on, and publish the relative analyses. As of now, what we like most about this cryptocurrency is that is...