AFTER LOCKDOWN IMPULSE SHOPIFY IS RANGING - SHOPIFY - DAILYThe price has clearly moved up from February this year. There is a strong correlation between the pandemic global issue and the increase in price.
2020 has been a game changer and we have noticed that the market went up before finding a strong resistance illustrated by the horizontal red line.
Market price is still evolving along the main blue trending line, but might need to push down to the lower level of the new horizontal range created before testing again to break the red resistance.
Overall there a strong probability to see the market price break the red support line, any point close to the bottom support line of the new range is probably a good long entry point.
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POLITICAL HELP? VOLUME COULDN'T HELP! - NAS - DAILYDespite the huge volumes, we have observed forces pushing the market down. Here the technical analysis is just a confirmation of what obviously happen in the real world, no bias.
The market has responded to the volumes multiple pushes with clear candle sticks announcing that the probability to see the price going down is very high and won't stop yet.
The positive side, is that if there is any political action to save the company, then, we could see the market first trying to fill the past gape and run very quickly, thereafter, to the range that it has left at the beginning of the year, around the end of February.
For the moment, it looks like a probable worse case scenario...wind up, bankruptcy...or other.
September will be a very important month in Europe as all holidays end and political decisions might be taken in regard of the extension of restrictions or their ease.
SOYBEAN IS TRYING TO MOVE AWAY FROM DOWNTREND - ZS1! - 30MNWe have observed several forces acting as a brake and pushing the price above the red down trending line. But a very strong squeeze front last tops have seen the market being inconsistent with its which to move upwards.
The two horizontal black lines are the new tops and bottoms of the horizontal trending range.
We could observe during this week a market which will try to break above by going directly to it or by finding first a a support point on the top of the red down trending line. The probability to see the market breaking above the black resistance line is less likely than seeing a pullback down again at that level. It could probably be a good sells entry point (possibily from Thursday). For the moment the last volume have shown signs of a force pushing up against sellers.
Keep an eyes on the $900 mark, still legit and try to trade it during the morning Asian session (Tokyo time from 9am30 to 12pm and opening of the Frankfurt & London 8am to 10am GMT0) as it is more stable and easy to read.
AMAZON - BLUE TRENDING LINE NICE LONG ENTRY POINT - AMZN - 30MNAMZN price is following an uptrend at the moment. The blue line being the support of this history happening at the moment.
The gape will be probably filled before observing another push up, the blue line have shown in the past that when the market comes to it, it pullback in other direction. The blue line is probability, therefore, an amazingly interesting entry point for a long direction trade.
Levels, potential and hypothetical are market with respectively straight lines (Red/Green) and dotted lines (Green/Black).
This give you some to work on to prepare your own charts for next week.
$2000 - THE NEW GOLD ERA - GC1! - 30MN-Perfect nice uptrend angle.
-Last Gape has been filled.
-Nice rebound on the blue trending line.
The GC1! has been showing some intense moments specially during the end of Asian Session and the middle of American Session.
The blue trending line could probably be a support next week for a consolidation of the New Gold Era! The Gold above $2000.
The Red Horizontal Line is Showing a very Important Support, Marking the History of GC1! Future.
Markets always decide so keep this possibility in mind.
For the moment the blue uptrend line is solid and possibility could be the broken by a ranging market showing tops at a new resistance line.
LIVE SQUEEZING OUT BUYERS - PULLBACK IMMINENT - ES1! - 30MNThe S&P500 Mini is pushing up and the red top line is showing the expected probable maximum reach before retreat.
The top red line could be a possible great short entry point.
Beware of high volatility and keep an eye always on the US Treasury Bond patterns to validate your entry on the S&P500.
TIME TO ENTER LONG - NASDAQ - NQ1 - 30MN We have seen the price breaking come important points and in the past following two clear uptrend patterns. There is some probabilities to see the same pattern repeating again. The dotted uptrend line show the potential next move.
We have observed a strong squeeze of the sellers on the horizontal red line which has been a strong area of some intense bounce backs.
Probability in seeing the market going up next week is very likely.
CLOSE TO PULLBACK UP ZONES SANOFI - SAN - 240MNThe price has been ranging widely, coming back to its pre-pandemic trend.
The price is coming very closely to two different important "pullback up" line.
Probability of nice entry for a long direction trade.
In the flip side, if it breaks down those two lines further, there is a risk to see the price approaching the horizontal black line.
For the moment, the probability stays in the direction of the pitchfork, up trending.
POSSIBILITY OF UP SQUEEZE BEFORE RANGING TREND - GLYHO - 240MNGLYHO is arriving at a very important area, pink square zone.
Probable support and resistance are marked with a green to line and a red bottom line.
For the moment the trend is clearly an uptrend one. However, the market has already tested an upper point which as resulted in a strong downward pullback. The trending blue line has been holding the price up.
Beware:
-Possibility of continuous uptrend then a pullback down from the red line.
-Other possibility is a market fear which could lead to a brief retreat to the down red support.
Other thing:
- We can see that overall the market is recovering from the pandemic effect. The blue horizontal line is marking the most relevant pivot point. This is confirming a potential area where the market is at the moment.
INDICATORS POINTING DOWN - RANGING - MARKET CHANGE - TVIXF 240MNThank you for your lies and shares, Much appreciated!
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The market needed to be looked up with another eye. After the decision of the Credit Suisse company to take down some shares.
Did we notice any change ? No!
Market TVIXF changing in market shape, passing from a descending trend to a ranging lower trend. Is it the results of the company's decision? No!
For the analysis, we can clearly notice that there is a strong resistance illustrated with a green horizontal line, which as been tested several times before. Possibility of an entry short from that point again to be on the wave of a probable pullback down on it.
Furthermore, the lower part of the actual overall horizontal trend marked with the orange line, can probably see the market trying to break it, to evolve at a lower price.
Another idea would be an entry long from that point(bottom orange line)
At the moment, because the market hasn't shown any strong sign of recovery, we would wait and see what is going the happen from next week.
So Wait Few Days to Increase Your Probability Limiting the Risks.
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Please beware about this DISCLAIMER: this trading idea and all others published here or on any social network, editorial, media and press, can change at anytime without any notice. Trading is risky and losses or profits are the results of your own decisions and not the result of this analysis. Trading assets on financial markets is very risky and this analysis is to provide another point of view.
EURO FUTURE TO ANALYSE EUR/USD FX- OPPORTUNITY LONG - 6E!-240MNFrom the history of the 6E! Euro Future which can be used to analyse also the EUR/USD (FX), we can see that there is a strong probability to see the market pushing up to break the lines as it is entering in a very high pressure zone.
The horizontal blue line is a very strong support, very hard to break. We have seen several attempts to brake the blue line with very huge volumes. All Failed!
However, there is a grey horizontal line which shows an hypothetical support under the horizontal blue line.
Potential probable high profits for entry when the market will break the lines and exit this current pattern.
Beware of possible pullback on the top red thick resistance line marked by the green arrow.
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We see more and more people happy taking positions and decisions through our analysis.That's great!
Please beware about this DISCLAIMER: this trading idea and all others published here or on any social network, editorial, media and press, can change at anytime without any notice. Trading is risky and losses or profits are the results of your own decisions and not the result of this analysis. Trading assets on financial markets is very risky and this analysis is to provide another point of view.
UNDERSTAND THE OIL DREAM PINK LINE POINT - CL1! - 30MNThank you for your likes and shares! Much appreciated!
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Around $40 we have seen several events happening in the past days marking an important relevant red line in the graph. Above that line there is a strong probability to see the market going up.
The target, the dream target being the pink top line.
2 strong probabilities from the pink line:
- Probability of pullback down from that point because it is a hard line to break.
- Break of the line to run up to the gape created at around $44.30
Understand the CL1! dream top pink line point!
LIMITED UPTREND - STRONG PULLBACK UP ZONE - S&P500 - ES1! - 30MNThank you for your likes and share! Much Appreciated!
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The market has touched again a very strong pullback up zone. Probabilities are to see first the going back up a bit and finding a place from were it could again strongly go down.
The blue lines are giving hint in what was the recent story of this market.
The top red horizontal shows a zone with strong probability of profitable sells entry.
Beware, the market could decide to create a new larger range than the ones before before choosing a clear direction.
It is likely to make profits if we surf on the coming waves!
LATE IMPACT OF CRISIS ON LUXURY GIANT - HERMES - RMS - 30MNThe large uptrend line can be duplicated to see all other parallel levels where the market have found support/resistance.
The price have then been ranging horizontally, after having broken this large uptrend line.
Now it is time to consider the probability of seeing the market price fall a bit.
The break of the lower part of the rectangles will validate that probability.
In the other side, two natural upper resistance formed by the top of the two squares. Probability of pullback down from those points.
Any break of the square up or down will be a nice entry point.
Time to take profits for investor to reduce exposition and come back stronger after the probable share price fall.
TIME TO THINK AT LEAVING FACEBOOK - FB - 30MNFacebook Inc price has been ranging for a while. Now we can observe that has broken some important historical supports.
Different support for different acceleration or slow trend of the market.
The market has been bouncing several times in a uptrend currant to slowly find highs and trending horizontally.
Last week, we have observed a break down of the support and the ranging square. Volumes were very nice as well.
Are share holders feeling the redundancy of Facebook App?
Time to think at leaving Facebook?
TRYING TO PUSH THE CEILING FOR A RECOVERY - HOPES - TVIX - 30MNTVIX market has changed and now ranging.
We have seen the market testing the top of the range and the readjusted top red resistance line.
The former dotted line becomes now a support.
This new configuration increase the probability of seeing the market passing above the resistance downtrend line. Where, an entry for a long direction trade will have more chances to succeed.
FAILED TO RISE BUYERS SQUEEZED - REMARK HOLDINGS - MARK - DAILYRemark Holdings Inc share have seen an important rise but since June we notice that the tops are falling, moreover, buyers have been squeezed in the middle of the month.
The formation of a potential triangle in the market shows that decisions are not be made before the first week of July.
Only a break of the red line or the secondary dotted lines will tell us if we can be active on this market.
Possibility of having a market ranging until then.
DECISION ZONE & UPTREND SUPPORTS IDENTIFIED -DASSAULT DSY- DAILYThank you for you likes and shares! Much Appreciated!
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DSY DASSAULT SYSTEMES price have been bouncing several times on the pink decision zone. It is probably the best level for entry/exit in this market.
The blue uptrend line have experienced a strong pullback on it marking an amazing triangle with several elastic effects resulting in a break up above the decision zone.
Another shadowed uptrend line have found its existence and the market could use this invisible line to test again a rebound on it.
This chart helps to see this market in a simpler and uncommon way enhancing the logic behind price movements.
STRONG SIGNALS ON THE GOLD TODAY - GC1! - 15MNThank you for your likes and shares! Much appreciated! Post here are shared on twitte also.
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The session have seen two amazing trades opportunities today. One with an early squeeze of the buyers and a nice large candle stick later on breaking the down the lines. Ending its movement on another squeeze but this time of sellers. Where the probability of seeing the market reversing its trend is very strong.
We notice an historical support line up trending which has become a resistance at the end of the session. Some interesting horizontal secondary support/resistance lines can be also considered. There is no hazard in the market choose to close by one of those.
POSSIBILITY OF RECOVERY, RANGING, THEN, PULLBACK DOWN - UB1! -30Thank you for your likes and shares! Much appreciated!
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This is not a Squeeze, it is a true market trend. Possibility of seeing the market ranging in the lower area of Andrew's Pitchfork zones which acts all as true resistances.
Beware, possibility of pullback on the actual price. High possibility also of recovery, ranging then pullback on the black dotted line to go down again.
FALL IN PRICE COMING - GET IT AT THE BOTTOM - CL1! - 30MN - OILThanks for your likes and shares! Much appreciated!
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Primary and secondary supports, primary and secondary resistances. The market price has been touching several times some points giving us hints on the speed of the uptrend movement. Slowing down now where the quick and slower support lines are crossing . Coupled with high volumes , at the end of the last session, the market price failed to break up . Now it is down to a crucial point where if going down further from Monday, we could see a nice fall in price.
The suggestion would be to wait until it finished its fall and get it at the bottom for a nice long direction profitable trade. Decrease your position as the market is going up. Start big.
CADJPY
This pair is currently in an Uptrend breaking the previous Daily Resistance Zone (78.490) and moving 300+PIPS to the upside. The market is heading to an area that I consider to be Monthly Resistance Zone (Brown Zone). I'll be looking to short in the brown zone.
Short term outlook is that I'll be looking for long positions towards the Monthly Resistance Zone. Entries will be on the 1HR & 4HR Charts.
Monthly Resistance Zone- (83.540-85.370)
PREPARE FOR BREAK OF HISTORICAL LINE - APPLE - AAPL - 30MNThanks for your likes and shares! Much appreciated!
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The price of AAPL has moved back to its wide historical range. Those 2 lines, support and resistance, are very important and strong.
There is a strong probability to see the market testing a break of those.
If the market breaks the support go short.
If the market breaks the resistance go long.
See the related ideas to understand where are at.