Outside Bar pattern in SPX (daily) How will today end? Inside Bar? Pinbar? None of the above?
1.25 is the key price zone today ECB meeting in focus Weekly downtrend line and monthly structure will try to stop EURUSD's crazy run
Gold's price respects the potential Sell Zone mentioned in my newsletter this week Daily Cypher and weekly structure in focus
Interesting pattern (Bat) will complete near the 200 MA line Is it the next Buy Zone for Bitcoin?
The S&P500 is going vertical since the beginning of the new year. It usually doesn't end well (See Bitcoin before and after 20,000) Brace yourself for a rough year
Banks earnings, Trump and the Fed drove XLF back to where it was before the major financial crisis of 2008. 10 Years later, will history repeat itself?
EURUSD is probably heading towards the weekly structure zone 1.24-1.25 this year. That's what my weekly chart's analysis shows But, before it'll reach there, it will have to face a weekly resistance zone that includes 2 harmonic trading patterns. 1.22-1.23 includes a Butterfly and an AB=CD pattern Read more about EURUSD, this pattern and other FX pairs in...
Potential Crab Pattern near daily support
The Dollar Index continues the the bearish momentum it showed since the end of 2017. Dollar breaks below weekly support but still holds above 91$ (minor daily support zone) Bulls can try and trade the 91 support zone but know that DXY looks Fragile
The odds for another downside move in EURUSD has improved last week when EURUSD closed below 2 daily MA line and near the bottom of a daily support zone. We need to see this week's opening and the way that the Dollar will move towards the Tax Bill vote, but technically it looks like EURUSD is heading towards 1.15 Do you agree?
TWTR's rally has driven its price to the PRZ of a daily bearish pattern. Potential pullback towards 20$, 18$
Gold continues to slide. The slide started when Gold failed to close above 1300$ and the bearish momentum accelarated when Gold broke below its uptrend line and the daily MA lines (failed support). In this week's newsletter I covered Gold and mentioned that although it is weak right now, it is approaching a weekly support zone that you should monitor. This...
In my previous analysis I described the bullish scenario that Oil will rally from the bottom of the channel to its top. Now that Oil did hit the top of the channel, as projected, it is time to think about bearish trades. In fact, those of you who have read my weekly newsletter could have seen the potential Sell Zone I've mentioned few weeks ago. Today, Oil...
Potential Breakout to a weekly structure zone Keep it on your watch list
If you are trading short term, EURUSD presents a bearish setup near 1.2 with a bearish Cypher. But if you look at the broader picture you can understand that any bearish pullback will only create bullish opportunities and allow to buy EURUSD from lower levels following a weekly bullish breakout. Cypher pattern setup: Short 1.2 First target zone - 1.185...
DXY broke and closed below its 200 weeks MA line last week. The holiday trading week (low volume) helped the sellers to push the Dollar beyond this important support line. Now the next line of defense for DXY is the monthly 50 SMA line and the bottom of the structure zone (weekly) that you see in the chart. The Cypher pattern and the 61.8 Fib level can be used...
DXY is down today and tries to break below important short term support. The Dollar must close above the 50 MA line by the end of the day in order to leave hope for the Bulls.
Fed warns about a bubble while SPX struggles to conquer 2600