themarketzone

themarketzone

Bullish Cypher pattern (weekly) completed today in the $EURUSD just a day before the Draghi's show tomorrow. Will Draghi continue to beat down the already beaten EUR or will the EUR rise like a phoenix after Draghi will disappoint everyone's expectations of Euro Zone's QE? The next weekly support levels are 1.238 and 1.228.

themarketzone

The Cable broke out of a daily downtrend line recently and on last Friday it created a bullish Pinbar after testing the broken trend line. In my Weekly Markets Analysis newsletter I'm showing a bullish setup in $GBPUSD that involves price action and harmonics. See the important levels to monitor and read more analyses in this week's WMA edition: marketzone.tumblr.com

themarketzone

With a second consecutive bearish harmonic pattern in $TSLA as it approaches its earnings, how will you trade it? In the Weekly Markets Analysis I'm discussing about this setup, as well as a very similar setup in $QCOM. Read the Weekly Markets Analysis: marketzone.tumblr.com

themarketzone

With markets at ATH and analysts already pumping the Year End Rally, you may want to consider $TWTR as a buying opportunity that may turn out to be your new years gift. Bullish harmonics on a major support zone and a 40$ psychological number - These are the three elements building this setup but if you want to read more, check out the Weekly Markets Analysis I...

themarketzone

As the $SPY approaches the top of the daily resistance zone that I mentioned in the Weekly Markets Analysis, a 15 min pattern completed and the price is about to test the X point. Can it be the reversal trigger?

themarketzone

Bullish AB=CD pattern 127 Fib extension Weekly support zone daily double top Read more here: marketzone.tumblr.com

themarketzone

Possible pullback's top after reaching 88.6 Fib reversal level, resistance and trend line resistance

themarketzone

Yesterday, before the NZD rate decision, the Elite Zone members received a setup to focus on shorting $NZDUSD (as well as $NZDCHF). This chart explains the reasons. You can join the Elite Zone by visiting www.themarketzone.net and clicking on the Elite Zone tab.

themarketzone

Does the $QQQ latest rally makes sense? We are technicians so we don't care about market's rationality.. but coming into tomorrow's FOMC meeting near critical it is important to know the story behind the price action. Read my latest blog post regarding latest indexes price action marketzone.tumblr.com If the $QQQ will stay below current resistance zone by the...

themarketzone

$IWM used the last day before FOMC to catch up with its fellow indexes with a strong rally. The chart shows that $IWM has reached a very interesting zone for those who think that this aggressive pullback in indexes is just a pullback. Downtrend line, 61.8 Fib retracement level and Daily resistance zone are three good reasons to try to short $IWM tomorrow after...

themarketzone

$TEVA is coming strong into a resistance zone just before its earnings. Triple top and a re-test of broken uptrend line will stand in its way and may be a good reason to try and short it. Bulls? Breakout? Wait to confirm before you enter. Notice volume.

themarketzone

Last time I've traded the $EURGBP, it was after a long setup we had in the Elite Zone when this pair touched the bottom of a trading channel and a strong Fib confluence support zone. Now, after retracing 61.8 of its previous upward swing, is it time to buy $EURGBP again? A cross back above the 0.79 resistance zone will confirm possible higher move, maybe to...

themarketzone

Bearish setup in $AA as the stock struggles with resistance zone and the 78.6 Fib reversal level. A potential rising wedge formed in the daily chart. Wedge breakdown could lead to a continuation move lower towards 15.6 (initial target level)

themarketzone

In this week's Weekly Markets Analysis newsletter I'm showing two possible harmonic trading scenarios in $EURUSD towards the FOMC meeting. Which one of the two will you trade when the Fed will have their announcement? Read the full setup and more analysis on $XAUUSD and $USDCAD marketzone.tumblr.com Subscribe to the Weekly Markets Analysis for free www.themarketzone.net

themarketzone

Bullish AB=CD pattern or bearish Gartley? Which weekly harmonic pattern will be my next trade in $AMZN? Today's earning can provide an answer: A close below 280$ will lead to the completion of the weekly AB=CD pattern A gap up tomorrow can lead to 380$ to complete the bearish Gartley. Going up will be much harder for this stock as it will face multiple daily...

themarketzone

Watch the resistance zone for a possible reversal zone. Close below 100$ will be a nice intra-day confirmation

themarketzone

When the Dow climb 200 points and $KO crashes, that means a huge hit in this week's Weekly Markets Analysis short setup. 3 WEEKLY BEARISH PATTERNS did their work. Subscribe to the Weekly Markets Analysis www.themarketzone.net

themarketzone

$KO completed 3 weekly bearish patterns last week. 2 of them are marked in the chart - 2 bearish AB=CD patterns Find out what's the last one and how you can play it in this week's weekly markets analysis newsletter More trading ideas and analyses inside marketzone.tumblr.com