"Nasdaq: Pullback and, now, the down move?" by ThinkingAntsOkDaily Chart Explanation:
- Price broke the Ascending Channel.
- Price is currently on a Pullback to the Ascending Channel.
- Bearish Divergence on MACD.
- If price starts going down in 7746, potential to move down towards the Support Zone at 5925.
Our Weekly Vision supports this Short Idea. Check it out!
Weekly Vision:
Updates coming soon!
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"USDCAD: two possible paths" by ThinkingAntsOk4H Chart Explanation:
- Price broke the Daily Ascending Trendline.
- Price is, currently, against the Support Zone.
- Bullish Divergence on MACD.
- Two possible ways now:
a) go up to retest the Resistance Level (Bullish Divergence on MACD supports this idea).
b) continue the trend after breaking the Daily Ascending Trendline and go down towards the next Support Zone after breaking an ABC corrective structure.
Check out our Top and Bottom Analysis on the Related Ideas.
Updates coming soon!
"USDCAD starting a Long Term Bear Movement?" by ThinkingAntsOkDaily Chart Explanation:
- Price broke the Ascending Channel in which it was in since 2017.
- Price may have potential to go down towards the Support Zones.
Weekly Vision:
However, we found out that the Weekly Ascending Trendline have not been broken yet. That why we are waiting for a confirmation before taking long term positions.
UPDATES COMING SOON!
"Short Setup: NASDAQ 100" by ThinkingAntsOk1H Chart Explanation:
- Price broke the Descending Channel and is currently on an Ascending Trendline, against the Resistance Zone.
- Bearish Divergence on MACD.
- If price breaks the Ascending Trendline, potential to move down towards the Support Zone.
Check out our previous Analysis on the Related Ideas.
Updates coming soon!!!