financialflagship

financialflagship

Hello traders, Ethereum is close to the resistance area marked on the chart. Here we see 2 possible scenarios for this cryptocurrency. It will either break it and consolidate above starting a new impulse to the upside or it will reverse and retest the support area at $3,4k. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided...

financialflagship

Hello traders, This week Bitcoin is in a consolidation phase that has 2 possible scenarios. The higher probability scenario in our opinion is a move that will reach the blue trendline marked on the chart and then retest the support area at 42k. However if the price breaks the resistance area marked on the chart and consolidates above then we may look for the...

financialflagship

Hello traders, Looking at the USD/JPY chart we foresee a bigger degree correction to occur. The blue trendline breakout is a good sign for a bearish scenario considering the fact that we made a nice consolidation after the breakout. The pair found some small resistance above and we are expecting the price to reach the liquidity area highlighted on the chart....

financialflagship

Hello traders, As you can see, after the downtrend that began in mid-November, Gold finally started to make a consolidation. We see this move to act as a trigger for further bearish sentiment. Having said that, we are expecting the price to increase in the short-term and reach the resistance area highlighted on the chart. After that we will study the price action...

financialflagship Updated 

Hello guys, GALA/USDT was one of the biggest winners recently in the crypto space and started to moon from the 15th of November. Don't worry about it, there is still time to ride the bull, just be patient and wait for the correction to finish. We will need a deeper retracement before going back up. We will watch the liquidity area below for buy setups. The price...

financialflagship Updated 

Hello guys, The Cardano chart is in the middle of a corrective structure. As you can see on the chart, we started the previous bull run on the 20th of July 2021 and 2 months later ended and started a deeper retracement. We will expect the market to make one more drop towards the support level before reversing. Another possible scenario: If we don't break the...

financialflagship

Hello guys, For Litecoin we give a high probability for a continuation of the correction that started on the 10th of November. However, if the price reverses with a lot of momentum and the price breaks the resistance area marked on the chart we should reassess our positions. Trade with care. Best regards, Financial Flagship Disclaimer: The...

financialflagship

Hello traders, For the next move of Ripple we are expecting a retest of the support area and the local low of September marked on the chart. If the price breaks the resistance area at $1.05 with a strong candle and makes a consolidation above we may see a continuation to the upside without the move to the downside. Trade with care. Best regards, Financial...

financialflagship

Hello traders, Today we are looking at a short setup for XAU/AUD. At the moment we find ourselves in a corrective wave for the previous bearish impulse. This means that the next move should be towards the downside and has the potential to reach the confluence between the support level and the blue Daily trendline. Trade with care. Best regards, Financial...

financialflagship Updated 

Hello traders, For this week we expect Gold to finish this ongoing correction around the resistance area highlighted on our chart and resume the bearish trend. Our first target will be the support area located underneath the blue trendline. Keep in mind that on Friday we will have NFP news that could heavily impact the pair so, we advise you guys to risk small as...

financialflagship

Hello traders, For this week we are expecting Natgas to start on a high and reach the trendline, before making another drop and break the support area highlighted on the chart. On the bigger picture (Daily / Weekly timeframe) this will only act as a correction for more bullish momentum. Trade with care. Best regards, Financial Flagship Disclaimer:...

financialflagship

Hello everyone, As you can see, the price strongly broke the ascending channel which increases the chances that the pair will start a medium-term bearish move that will act as a retracement for the current bullish wave. For this week, we expect a correction at the market open towards the liquidity area highlighted on the chart before resuming the bearish trend...

financialflagship

For this week we see 2 scenarios for Ethereum. The first one is a corrective move to the upside that will reach the resistance area marked on the chart and then a reversal to the downside (red pathway). The second one is an impulse to the upside that will break the blue trendline, consolidate above and continue the bullish move (blue pathway). Trade with...

financialflagship

In our previous analysis Bitcoin behaved as expected and made a bigger correction that reached the second support level marked on the chart at $53k. For this week we see 2 possible scenarios marked by the 2 arrows on the chart. The orange pathway shows us a correction to the upside followed by another impulsive wave down and the blue pathway shows us a break of...

financialflagship

For the next week our attention is directed towards the orange trendline marked on the chart. When the price is going to retest the trendline we have to study the market structure to decide the next direction. If the price breaks the trendline and consolidates above we have a higher probability for a move to the upside. If the price stays below we may retest the...

financialflagship

Litecoin is going slowly to the upside to retest the resistance area at $235. In this area we may have a rejection that means the price will make a bigger correction to the downside or a break to the upside. If the price breaks the resistance and consolidates above then we have a high probability of an impulse to the upside. Trade with care. Best...

financialflagship

From a technical perspective Ethereum is at an important resistance area that is marked on the chart. This is the area that we have to study to understand the next move. Although we are in an uptrend and we give a higher probability for a break to the upside, we can’t pick with 100% accuracy when the correction is over, so a move to retest the lows is always in...

financialflagship

For this week we think that Ripple will retest the resistance area marked on the chart at $1.15. When the price reaches the resistance we have to study the price action to decide if we will have a bigger correction that may retest the support at $0.90 or the price will break through that area and star a bullish impulse. Trade with care. Best regards, Financial...