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SPX500, Testing Next Levels, Why Not To Underestimate It! Hello Traders Investors And Community, Welcome to this analysis where we are looking at the SPX 4-hour timeframe perspective, the recent events, the current formational structure and what we can expect the next times, since the index provided like other major indices previously heavy bearish volatility we should not keep this by side and look what the market is doing now, it will be a precarious and crucial situation as the crisis is still not confirmedly over and the index is now trading below the pre-corona highs established this means the market has to stabilize any way and move together with real economy to get a healthy market environment at the end of the day, the established bearishness should not be underestimated in any case as could possibly also be fundamentally backed therefore I detected the important levels and possible outcomes we should consider on the technical side here. Looking at my chart you can watch there the SPX now trading below several major resistance levels which previously held as a support are now broken to the downside, this is firstly the 90-EMA marked in black, secondly the horizontal resistance in grey and the middle line of the current channel the index is trading in, this means the index has a serious resistance cluster here which has potential to be the origin of further declines when it is not taken out substantially. When the index does not manages to move above this cluster and close above it near the next times the next leg to the downside follows likely as it is marked in my chart, considering this the index has next support at the rising trendline of its previously established channel and below this at the 600-EMA in green where it can stabilize, however, these levels are critical when they do not hold substantially and the index falls below the red level marked in my chart at 2980 this will invalidate the major bullish count firstly and will result in protracted bearishness to the downside as more highs are firstly invalidated, therefore the index needs to stabilize before considering any new highs to be measured. In this manner, thank you for watching, support for more market insight, good day to you, and all the best! Science is organized knowledge. Wisdom is organized life. Information provided is only educational and should not be used to take action in the markets.
TVC:SPX
by VincePrince
2
SILVER, Trading In Formation That Will Determine The Outcome!Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 12-hour timeframe perspective, the recent events, the current formational structure, what we can expect the next times and how possible outcomes can confirm in the structure SILVER is forming at the moment. Since the bearish breakdowns seen in the important precious metals, they are mingling and ready to set up further continued volatility in the range, therefore it is a meaningful question in which direction this upcoming increase in volatility will lead and if SILVER manages to establish the bullish pace it has seen before or the bearishness will continue to the downside, I detected how these outcomes can confirm in the structure and it is highly important that we wait on the proper confirmation here before deciding the final direction and in the end of the day place the trade accordingly into this right direction. Looking at my chart you can watch there this huge triangular-cluster-formation SILVER is building up here where the upper boundary builds the origin of the descending-channel marked in grey and the lower boundary the origin for the ascending-channel marked in my chart. Furthermore, we see declining volume and volatility which is indicating a shift and increase in volatility sooner or later, when going more into the smaller perspective SILVER has still this huge bearish engulfing candle formed and it has the strong resistance layers in the structure this is why the pull-back here may not yet end for now and should be more expected as the bullish breakout to the upside, nevertheless, it is smart to wait on the proper confirmation here before going into the direction coming up with a consistent entry setup to take advantage of. When considering the bearish case the price has to move below the lower boundary and close there, the best would be then a pull-back to the lower boundary which will confirm further bearishness, after that established the price needs to cross below the 60-EMA in blue then bearish pressure will continue to the downside, on the contrary, bullish side the breakout may not be that strong and the possibility for a fake breakout is higher than in the bearish case, in this scenario the price needs to form strong bullish action above the higher boundary and stay there to not fall below again, either case can be traded properly after confirmation which should be the recommended trade-entry here, the immediate entry is also possible however it would not show that strong set up which shows up after a consistent confirmation. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
TVC:SILVER
by VincePrince
7
GPBUSD, Bearishness Likely To Continue When This Happens!Hi my friends, Welcome to this analysis we are looking at GBPUSD 12-hour timeframe perspective which recently confirmed the awaiting bearishness to the downside as the top-formation has built this was the expected price action here, now the pair has found some support in the smaller timeframes nevertheless the bearishness on the higher timeframes established has still a strong edge with a higher possibility to continue further when certain mechanisms setting in, therefore I detected the important levels and possible outcomes we should consider at the moment. Looking at my chart you can watch the pair now trading below important levels, which is firstly the 35-EMA in grey and secondly the first blue rising trendline which now broken to the downside and confirmed bearish pressure, the next times we can expect the pair to test some higher levels in the structure which will be crucial as it has resistance firstly with the 35-EMA and secondly with the rising red trendline building a coherent resistance-cluster there which can be the source of the next heavy bearish move to the downside, this move will firstly lead to the next remaining support which is the 800-EMA marked in green in my chart where the pair can bounce and form a possible stabilization, this, however, is currently not the most possible outcome as the bearishness is just to strong, therefore a break below the 800-EMA can be taken into consideration which can move on to further bearishness, till this happens it is important to measure the price action coming across and how price will react into the 800-EMA. Overall the pair has established a strong bearish pace here which has solid potential to continue, therefore it has to be anticipated how long this will go and if there can be a stabilization in the range or further bearishness will follow up with, on the more long term the second dashed blue trendline is highly important to hold considering a bullish stabilization, when the price falls below this line bear-market is highly likely to continue with more pressure. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "If you have the conditions, you get the results." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
10
GM, Building Massive Formation, These Levels Are Important!Hi my friends, Welcome to this analysis about the stock value GM, we are looking at the 4-hour chart, I noticed a divergence between the traditional car-industry stock like GM at the moment and the new electronic cars TSLA, while TSLA going down GM went up the last days. This is an interesting divergence worth to look nearer in, nevertheless, overall GM was one of the weaker stocks since the corona breakdowns and lows established, it is still trading below its all-time-high where others made already new highs and risings, therefore I detected the important levels and possible outcomes for this stock we should consider at the moment. Looking at my chart you can watch there this huge blue trading channel the stock is trading in, furthermore, it has an established wave-count where it recently completed wave A and B to now form the major wave C in the structure, this wave will run into resistance as the stock still has above in the upper boundary coming together with the black falling resistance line marked in my chart, when the stock approaches this cluster in red there is a higher possibility given for a bearish confirmation to the downside, setting up the next wave D in the wave-count, this can lead to the back-up-zone marked in blue in my chart and a set up for the final wave E which will complete the overall wave-count, this last wave will be highly crucial as it has the potential to confirm the channel the stock is trading in as a bear-flag, this scenario will occur when the stock comes into the zone of the lower boundary anew and closes below it which will cause highly bearish pressure to the downside and activation of lower levels within a high possible spectrum. The next times will show how the stock will continue with its eave-count and when there is a end, technically speaking as the stock is one of the weaker stocks trading below the previous established high, the bearish scenario should not be kept by side as it will confirm when the wave-count ends and crushes below the lower boundary as mentioned. This is currently the most likely scenario to come across with however there is a smaller possibility given that it will invalidate which will happen when the stock manages to hold the lower boundary sustainably and moves above the wave-count to form a new high. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
NYSE:GM
by VincePrince
6
PYPAL, Further Continuation Follows When This Happens!Hello Traders Investors And Community, Welcome to this analysis where we are looking at PYPL 4-hour timeframe perspective, the recent events, the current formational structure, what to expect next times and how to handle upcoming situations, as the stock-market showed increased downside setbacks the last times there are stock values which still holding important levels like PYPL, now the big question is if these levels can hold and recovery will follow or declines established a continuation to the downside, in this case, I detected the important zones and possible outcomes for the stock. Looking at my chart you can watch there the stock recently tested the 100-EMA and the second blue trendline and bounced to mark these two levels as support, therefore these preliminary support levels are highly important to hold, when they do not hold bearish decline will increase, the next times we can expect somewhat a shorter rally in the current established range, this rally will lead to the possible short-zone marked in red in my chart, this is a level where resistance lying and supply can enter the market, when this zone confirms bearish, bearishness will continue till there is solid support found where the price can stabilize, in this case this will be the second blue trendline which the stock can manage to hold, as it is marked in my chart, when this blue trendline does not hold and the stock closes below to move also below the 100-EMA this will cause the next bearish leg to the downside aiming at the blue levels marked in my chart, when they are reached it has to be elevated if the stock sets up for more bearish downside or a reversal can be measured here in the level. Overall the bearishness established has some serious potential to continue which will happen under the stated circumstances, this structure is also matching to the overall main stock market situation where the important big indices showed heavy declines to the downside we should not keep this by side. Fundamentally the stock is not necessarily bad lined up as it is digitalized which is important these days, however this does not mean bearish declines can not show up, in this case, it has to be elevated how and when the market can form a potential reversal. In this manner, thank you for watching, support for more market insight, good weekend to you and all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:PYPL
by VincePrince
3
D-JONES, The Gap Filled Properly And Sourced High Volatility!Hello Traders Investors And Community, Welcome to this update-analysis where we are looking at the DJIA 4-hour timeframe perspective, the index has recently shown high volatility movements to the downside which was expected after the gap-fill and the ending of the wave-count as pointed out previously this move now confirmed and the index testing the back-up-zone if you did not see this analysis already I highly recommend it by going on my account and watch it to have a full-depth-overview. Now there are important mechanisms the index has to show when considering a possible recovery there are significant levels to confirm, in this case, I detected the important zones and possible outcomes we should anticipate currently with the index destinies. Looking at my chart you can watch there the index confirmed the preliminary short-zone bearish to the downside and now testing the blue back-up-cluster where several supports lying, firstly the EMA and secondly the upper boundary of the channel besides that it is a support zone formed by past price action. This cluster is highly important to hold when considering a bullish continuation and test of higher levels again because when the cluster does not hold and price moves below bearishness will increase till there is solid support found where the price can stabilize again, for a continuation the index needs to confirm the cluster and consolidate there as it is seen in my chart, a possible continuation can be confirmed when the index moves to the 28800 level again. The index is in a situation where it has to show if the support levels can hold sustainably or lower levels will visit next times, when the index does not manage to stay above the back-up-cluster and closes below the next level to considered to be visited is the 27.000. Fundamentally speaking the decline was supported by the big divergences still existing in the real economy and stock market where the real economy is still damaged by corona increase it is important that these two factors grow together to provide a healthy market environment. Next times will show how the index can possibly stabilize however we should not keep the bearish case by side which will follow up when the index closes below the cluster, therefore it is inevitable to wait on the mentioned confirmation before going in the proper direction. In this manner, thank you for watching, support for more market insight, good weekend to you and all the best! "The ambition to transform opportunity into hold remains the most significant tool for a trader." Information provided is only educational and should not be used to take action in the markets.
TVC:DJI
by VincePrince
6
AAPL, Since Bearish Declines, These Zones Are Important!Hello Traders Investors And Community, Welcome to this analysis where we are looking at AAPL 4-hour timeframe perspective, the important events happened, the current situation in comparison with the stock-market, what we can anticipate next time and how to handle it appropriately. As the divergence between the real economy and stock market is still fairly high and retailers rushed into the market while smart money staying on the sideline we saw the heavy bearish declines not only in AAPL but also in other important stock values, as mentioned these breakdowns where expected sooner or later and the question now is if the market can recover directly or if more declines follow up with which is not seldom after such established bearish volatility, in this case, I detected the important levels and possible outcomes for the stock value AAPL and outcomes of it in destiny we should consider at the moment. Looking at my chart you can watch there that the stock just broke below a major trendline marked in blue resulting of past price action, this trendline now confirmed to the downside signaling a strong bearish pace established here, since these breakdowns the stock found support at the 60-EMA marked in grey which is preliminary support that is leading to a marginal rally currently running into the massive resistance-cluster above. When the stock approaches the resistance marked in my chart there is a high possibility that the stock confirms it bearish to the downside till it has support found where it can build up on, when the 60-EMA confirmed to the downside the next important support is the second blue rising trendline, this is the crucial trendline in the structure because when it is broken to the downside the stock will heavily increase bearish selling pressure in the continuation zone marked in my chart. Overall the stock has established a strong bearishness here where further declines are definitely in the possible spectrum, when the stock closes below the second blue trendline bearishly the 400-EMA marked in red in my chart can be expected to be reached, after that it has to be elevated if more declines will follow or a reversal is possible. The next times will show how the stock is proceeding here when the bearish continuations setting in this does not necessarily mean the stock is one-hundred percent bearish as the ongoing bullish moves were also strong, the stock has some solid fundamentals which cam through the corona increase with the digitalized impact so important for stocks these days and the stock has some solid supports below, however, the bearishness established here should not be ignored and we should be prepared on declines and increasing volatility to not get overwhelmed when it sets in. In this manner, thank you for watching, support for more market insight, good weekend to you and all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
NASDAQ:AAPL
by VincePrince
5
GOLD, Triangle Forming, Bearish Breakout More Likely!Hello Traders Investors And Community, Welcome to this analysis where we are looking at GOLD 4-hour timeframe perspective, the recent events, the current formation building, what are likely outcomes the next times and how to handle these possibility. Since GOLD established its heavy bearishness to the downside it is now trading in somewhat a sideways movement where it has to show if more bearish pressure will follow or a reversal will show up which is the more unlikely scenario currently, therefore I detected the important levels and outcomes we should consider in GOLDs destiny now. Looking at my chart you can watch there GOLD moving in this established triangle formation where the upper and lower boundary marked in blue and already touched several times, such formations can confirm either to the up or downside and it is from high importance to wait on the proper breakout before going in the direction. As GOLD has shown high bearish selling volume and is trading below the important EMAs the bearish breakout is at the moment more likely than the bullish one, when coming to the possibilities the bearish breakout has a 65 % possibility compared to the other 35 %, therefore we can anticipate the bearish breakout more to happen which will show up when GOLD moves below the lower boundary with a decisive bearish move and closes there, what will be good to confirm further bearish continuation is a pull-back to the lower boundary confirming it, this can be traded conservatively after the confirmation has occurred, it is also possible to enter immediately aggressive however this would be not the best option as there is still a marginal possibility given that GOLD breaks out to the upside. The bearish breakdowns GOLD established since it formed its top some time ago should still not be kept by side as it is not unusual that there will follow more bearish pressure when these movements already established before, in this case, we should not over speculate the situation and wage the possibilities rightly, more continued bearishness visiting lower levels does not necessarily mean GOLD is completely bearish on the middle and long term as there are still some important signals to consider on the higher timeframes. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "Science is organized knowledge. Wisdom is organized life." Information provided is only educational and should not be used to take action in the markets.
TVC:GOLD
by VincePrince
5
JPYAUD, Trading In Descending Channel, Important Levels! Hello Traders Investors And Community, we are looking at JPYAUD 4-hour timeframe perspective, the recent events, the current formational structure, what to expect the next times and how to enter possible upcoming confirmations showing up in the structure, in this case, I detected the important levels and likely outcomes we can expect with JPYAUD here to anticipate the further outcomes and destiny. Looking at my chart, you can watch there the huge descending-channel-formation JPYAUD is trading in marked with the blue upper and lower boundary, which were already touched several times. Furthermore, there is this wave-count building in the channel currently forming the minor wave d of the major wave E as it is marked in my chart, this wave-count will end when both the minor and major wave E come to an end in the back-up-cluster marked in blue in my chart which is crucial for the further continuation, in this case, it is important that JPYAUD bounces in this level as it is marked, when this does not happen bearish pressure can increase when falling below the support, when the prcie manages to bounce in this support cluster the descending-channel-formation can be confirmed with a decisive move above the upper boundary which will confirm further bullish movements and can be traded with proper entry after pull-back. As the wave-count is coming to an end and such descending-channel-formation normally confirms to the upside sooner or later the bullish continuation above the upper boundary has a solid possibility to come up with, the only thing which can invalidate this scenario is bearish volatility increase below the lower boundary however as the wave-count is ending this scenario is more unlikely than the bullish one. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
TSM, Possible Flag-Formation, These Scenarios Important To Show!Hello Traders Investors And Community, welcome to this analysis where we are looking at TSM 4-hour timeframe perspective, the recent events, the current formational structure, how possible confirmations can look like and what to expect the next times. The global stock market is approaching higher and recovered on the surface from the massive corona breakdowns seen this year as many retailers rushing into the market and smart money staying out it is important to look for stocks which have the potential to growth as there are many which arent and looking rather bearish than forming solid bullish formations. In this case, I detected the importances within TSM which can show up with some good possibilities, therefore it is important to confirm some meaningful levels in order to approach further in destiny. Looking at my chart you can watch that TSM is trading within this huge channel formation marked in blue where the price already touched the upper and lower boundary several times to form this possible bull-flag, furthermore the price formed a overall wave-count where the wave A-D already formed and now setting up to form the final wave E in the structure. When the stock manages to do this and confirms the underlying support cluster at the lower boundary coming together with the 100-EMA marked in black there is some good possibility to bounce and confirm the bull-flag-formation properly. This will happen when the price crosses above the upper boundary with a protracted strong volatile bullish move, what will also be good is when the price pulls back to the upper boundary and confirms it as support. Overall the stock has some solid potentials to confirm the bull-flag appropriately on the other side when the stock does not manages to hold the support and falls below it this will increase bearish pressure to the downside when the stock closes below the EMAs and lower boundary, nevertheless this is not the most likely scenario currently, the bullish confirmation is much more expected. This can be traded either aggressively with immediate entry or conservative with entry after confirmation, although the immediate entry is also possible here the conservative entry will be much better as it is confirming to a solid risk-reward in the structure. Targets will be firstly at around the 88.5 level, when the stock approaches this level it has to be elevated if it continues further or sets up to form a pull-back as supply entering, as there are still higher targets possible the bullish continuation can be taken seriously in consideration. In this manner, thank you for watching, support for more market insight, all the best! "If you have the conditions, you get the results." Information provided is only educational and should not be used to take action in the markets.
NYSE:TSM
by VincePrince
1
EURGBP, Building Huge Flag-Formation, Steps To Confirming!Hello Traders Investors And Community, welcome to this analysis where we are looking at EURGBP 4-hour timeframe perspective, the recent events, the current formational structure, the huge decisive formation building up and what to expect the next times. EURGBP confirmed its local highs at the 0.917 level before pulling back and entering into this overall range in which it is currently trading and moving in an overall sideways market, such markets ending sooner or later with a decisive shift and alteration in price resulting in greatly volatile movements either to the up or downside. In this case, I detected the importance in the current structure which will determine the further outcomes and destiny of EURGBP, therefore it is important to wage what the market can do and what it is likely not to do in order to don't get overly speculative and look for the proper confirmations in the structure. Looking at my chart you can watch there that EURGBP is just building up this huge and massive descending wedge formation where the upper and lower boundary marked in blue which the price already touched several times, normally such formations indicating an alteration and reversal in price breaking with a volatile move to the up or downside. Furthermore, you can watch the wave-count EURGBP has formed in this wedge so far completing A-C and now setting up to form the wave D where the wave E will likely follow up in the structure. When this forms as expected the overall wave count will be confirmed and the formation can possibly move properly and confirm, this will happen when the price approaches above the upper boundary with a volatile move to confirm it with a pullback before moving on to further continuations. Next times will show how the wave-count will come to an end and the EMA supports initiating the confirmation, in this case it is highly important to hold the EMAs and don't fall below them again because this can invalidate the formation, nevertheless, the confirmational scenario is currently the most likely one. This mechanism can be traded either aggressively with an immediate entry in the range or conservative with entry after confirmation of the massive wedge, although the immediate entry is also possible here the conservative one will be much smarter as it is providing a better risk comparison. Traders have to decide individually which entry to prefer, targets can be measured around the 0.907 level, when the pair approaches here it has to be elevated how it continues and if there is a pullback expected or further continuation ahead. In this manner, thank you for watching, support for more market insight, all the best! "The ambition to transform opportunity into gold remains the most important tool for a trader." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
10
Patterns In The US Dollar Index!Hello Traders Investors And Community, welcome to this analysis where we are looking at the US Dollar Currency Index 12-hour timeframe perspective, the patterns formed in its established downtrend, the current pattern forming which can alter the dynamic, what the index needs to show to alter the dynamic and how possible outcomes can look like. The index is still trading in a well-established downtrend forming one bearish formation after another, in such downtrends is a big question sophisticated traders should ask us when these downtrends ending because they can't go on forever as the relative strength dynamic getting in the oversolid region and the price normally reverses sooner or later such a possible reversal I detected also in the index now where I found the importances we should take into consideration for further possible outcomes and how they can show up like. Looking at my chart you can watch there that the index is building a possible bullish reversal formation since a long time now which can possibility to reverse the dynamic and turn the established downtrend into bullish , in this case there are some importances which need to be fulfilled in order to show up with the complete confirmation, once it is the breakout of the upper boundary of the possible ascending channel to the upside which does not necessarily mean the index will completely continue bullish to the upside as there is still the primary resistance-line lying marked in blue within my chart, where the index has to show if it can move above the resistance or bounce back again, when the index shows up with this there is the secondary resistance-line which also needs to be taken out, when this happens the structure can be confirmed into the bullish range above the last resistance line. Sometimes such formations can also invalidate to the downside, in this case, we are speaking of a fake descending-channel-formation, this will happen when the lower boundary is completely broken to the downside with a volatile bearish move, therefore it is from high importance to wait on the proper confirmation of the triangle before moving in the direction. When the index does not show up with the proper confirmations a higher possibility is given for continuation to the downside confirming into lower levels in the range, we will see how this will play out and how the index will develop next times, especially when considering new volatile movements entering the market regarding corona increase again which already provided high volatility this year this can lead to some volatility where the index goes into the opposite direction like other antyciclical assets like stocks. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the markets.
TVC:DXY
by VincePrince
9
D-JONES, Gap Will Fill Soon, Possible Reversal Ahead!Hello Traders Investors And Community, welcome to this analysis where we are looking at the DOW JONES 4-hour timeframe perspectives, the upcoming decisive events in the structure, what we can expect after these events occurring and how possible outcomes can show up in the schedule. The DOW like other major indices recovered somewhat from the corona-breakdowns and lows seen this year where the SPX already made a new all-time-high the DOW is below it and although the indices recovered we should not ignore the fact that the rallies aren't necessarily fundamentally backed as many retailers rushed into the market smart-money staying outside and waiting on the sidelines, not to mention the divergence between real economy and stocks it is important that smart-money enters also where the question pops up if the breakdowns are already over or there is more to come, these facts also coming up in the technical picture of the DOW which is sending some interesting signals at the moment I detected how they possibly can play out over the next times. Looking at my chart you can watch there that the index is just about to fill its gap which it still has lain there at around the 29.000 level, this gap-fill will highly possible play out the next times and this is also confirming on the smaller timeframes as the index is forming a triangle formation, this highly possible gap-fill can be traded in the long-side with overall targets at the 29.000 level from where the next moves are significantly important. Normally what happens often after such gap-fills reaching the gap and filling it is that supply entered the market as orders get filled and traders take profit, this is what also can show up here making the gap-fill-range around 29.000 a possible short-entry-zone as it is marked in my chart, what is supporting this preliminary pull-back is the fact that the index also ending with a wave-count in this level. This pull-back-scenario will be confirmed when the rising grey trendline is broken with a decisive volatile move to the downside the targets at the blue range can be expected where a support-cluster is lying in which the price can stabilize and back-up. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the markets.
TVC:DJI
by VincePrince
3
JPYEUR, Possible Inverse Head And Shoulder Formation Forming!Hello Traders Investors And Community, Welcome to this analysis where we are looking at JPYEUR 4-hour timeframe perspective, the recent events, the current formational structure building up, what to expect the next times, and how possible entries can look. JPYEUR is still moving in a downtrend where it can form now the decisive reversal-formation which can reverse the downtrend to the upside, in this case, I detected the importances to look at in the current structure. In my chart, you can see that JPYEUR is building this possible inverse head and shoulder formation marked in blue which is in many cases known as a possible reversal formation confirming the reversal properly. Currently, the price is still below the 60-EMA in black which it can hold sustainable to complete the right shoulder as it is marked in my chart. When this happens it is important that JPYEUR moves above the neckline in blue with a strong and volatile bullish move to close decisively above the neckline to form a possible pull-back which will in the best case confirm the complete formation and provide a decent entry, although it is possible to enter the trade aggressively on the long-side immediately before the right shoulder has confirmed to the upside it is better and the best option to wait till the formation has confirmed to entry after confirmation which will provide a more reliable setup compared to the current one. When JPYEUR confirms the formation as suggested this will activate the upside targets at 0.00816 marked in black in my chart, when JPYEUR reaches these targets it has to be elevated if the price continues to move to the upside or forms bearish pressure which will visit lower levels in the structure firstly again. In this manner, thank you for watching, support for more market insight, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
3
trade with gold 15/9Ethereum faces a significant hurdle in the form of the 21-day Exponential Moving Average (EMA). Despite trading around $1,618.43, Ethereum has struggled to break through this resistance level. Low network activity has also affected its deflationary status. Breaking the 21 EMA is crucial for Ethereum's bullish outlook, while failure may indicate a bearish trend. Solana (SOL): Solana, currently trading at approximately $18.6, is showing signs of accumulation despite recent market concerns. Increased trading volume and open interest suggest informed investors are buying during the dip. This could indicate a more positive future for Solana, as its fundamentals remain strong. Cardano (ADA): Cardano is in a challenging position, trading at $0.2471 below the 21 EMA. However, declining trading volume and a bottomed-out Relative Strength Index (RSI) may hint at a potential turnaround. The 21 EMA remains a crucial level to watch for ADA's future direction.
FOREXCOM:XAUUSD
by Hinata_Sumi
1
SILVER, Confirmed H&S-Formation, Looking For Targets To Reach!Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 1-hour timeframe perspective, where I detected some worthwhile signs recently important for the confirmation and next steps in the structure to be expected. As mentioned already SILVER will increase bearishness as it established sudden breakdowns where usually more downside follows up within this case I found the important levels and scenario we should consider now. Looking at my chart you can watch there that SILVER just broke below the neckline of its huge head and shoulder top formation and pulled back to move on with bearishness, this is just a really good confirmational setup with a very high possibility to continue. Furthermore, you can see that SILVER has the 100-EMA as resistance above and it shows up like SILVER is building a smaller head and shoulder formation here again where the neckline is marked in grey, these factors adding to the bearish environment which will continue further after a bounce of the 100-EMA and pull-back below the neckline of the smaller head and shoulder formation. This head and shoulder confirmation just activated the downside targets SILVER will now reach, these are marked in my chart at the 24.7 level in black where also the 800-EMA in red lies, when SILVER has reached these downside targets it has to be elevated if more downside is ahead or stabilization in this level can occur. This setup is actually confirming the established bearishness SILVER has also on the higher timeframe perspectives where bigger pull-back scenarios aren't fully out of sight now, these factors making a bearish continuation overall more possible and new highs aren't highly possible to be reached within the smaller to middle timeframe schedules. In this manner, thank you for watching, support for more market insight, all the best! "If you have the conditions, you get the results." Information provided is only educational and should not be used to take action in the markets.
TVC:SILVER
by VincePrince
10
BABA, Breakout Of Triangle, Next Steps Ahead!Hello Traders Investors And Community, Welcome to this analysis where we are looking at BABA 4-hour timeframe perspective which is has shown some interesting confirmational and volatile signs recently, therefore, we are looking at recent events, the current price-structure, what we can expect next times, how possible entries can look like and how to handle upcoming situations properly. Looking at my chart you can watch there that the stock just formed this massive and decisive ascending-triangle-formation which upper boundary and lower boundary are marked in blue, as this triangle has confirmed now properly with a volatile bullish move to the upside this gave a good and healthy edge for further upside ahead. Currently, the stock is approaching some resistance in the level where a pull-back to the upper boundary of the formation is possible as it is seen in my chart, furthermore, the stock has some solid support in this range which is given by the 50-EMA marked in red and below still the 100-EMA in black, these factors making it highly possible support to be confirmed when touched in this area, it is also a good point to open long in this range as it is marked in my chart, with the breakout the stock activated the minimum target which you can watch marked at the 299-300 level, when the stock approaches this it has to be elevated how it will continue further in the range, overall there is definitely some more upside possible. Although it is possible to increase further in growth above the minimum target it has to be elevated how the stock approaches this range and if there are urgent bearish signs in this range, how they look like or the stock just manages to move above this level and go further. In this manner, thank you for watching, support for more market insight, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
NYSE:BABA
by VincePrince
5
TSLA, Approaching Target-Zone, Important Level To Consider Now!Hello Traders Investors And Community, welcome to this update-analysis where we are looking at TSLA 4-hour timeframe perspective, the occurred events, the current formational structure, what we can expect next time, and how to handle the situation appropriately. TSLA established a protracted and strong uptrend where it moved with exponential growth to the upside, not only because of technical matters but also because the company is expanding with its new electronic car technology where classical car producer still need to catch up, as mentioned already there are gainers since corona crisis established and other companies which didn't do so well as this was also the case in past bear-markets where a huge sorting out occurred. Nevertheless, as people talking about second possible lockdown measurements this is not an issue we should ignore in this case I detected some interesting signals within this stock to determine future outcomes. Looking at my chart you can watch there that the stock is still moving in its exponential growth impulse where it is approaching the full head-and-shoulder-target at 2170 which I already introduced in the previous analysis, this can be a significant technical turning point here in the structure where a reversal is showing up not only because traders taking profit but also because the stock is overbought. Usually when such targets are reached there is minimum a correction when not bigger pull-back, what is also matching here is the end of wave 5 of the major wave-count the stock established overall making this zone around 2000-2250 a possible short-zone where a higher likelihood is given that the stock reverses, this does not mean the stock is completely bearish nevertheless it can indicate firstly pull-backs before a possible back-up can be considered which is healthy and can provide solid setups for further growth. When the stock confirms a pull-back in the suggested range it will continue till there is significant support found in which the stock has firstly at the rising rising grey trendline together with the 60-EMA marked in green. When the stock approached these support cluster a bounce and recovery are possible, it is highly important that the stock holds these levels to recover because when it does not and closes below bearish pressure will increase which will point to the next alignments. Next times will show how TSLA reacts in the target-zone and where it can recover from a pull-back overall the stock has some solid supports in the range, therefore, a completely bearish perspective would be exaggerated but what we should not keep by side is that an increase in corona can lead to downside volatility similarly to those mechanisms seen this year, therefore, in this case, it has to be elevated how the stock evaluates this and proceeds in the range. In this manner, thank you for watching, support for more market insight, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the market.
NASDAQ:TSLA
by VincePrince
14
GOLD UPDATE, Resistance Confirmed, Setting Up For Another Leg!Hello Traders Investors And Community, welcome to this update-analysis where we are looking at GOLD 1-hour timeframe perspective, the recent events, the current structural importances, what to expect next times, what to not expect and how to handle the situation appropriately. A mentioned in previous analysis and expected GOLD confirmed its huge resistance between the 2010 and 2030 level bearish where it now showed an increased volatile bearish move to the downside confirming the bear-flag-formation it has formed, if you did not saw this analysis already I highly recommend you watch it when going to my account, for now, GOLD is still moving above the 1000-EMA, therefore, it is important if it holds this level where the possibility is quite marginal or it falls below and continues bearish to the downside which is a much more likely scenario currently, in this case, I detected the important levels to consider now. Looking at my chart you can watch there the confirmed bear-flag-formation together with the coherent wave-count overall confirming the bearish pace here, currently GOLD has found some marginal support at 1915 where it bounces a little but this bounce is not strong and is directly trading into resistance which is the 200-EMA marked in red in my chart, when GOLD approaches this EMA it has a high possibility to confirm bearish and bounce from this level, GOLD is not yet over with its bearish declines therefore we can expect a consolidation here in the range between the 200-EMA and 1000-EMA before forming another sudden leg to the downside which is the most possible scenario at the moment, currently, there is not much potential given for new highs the next times as strong resistance levels lying there and the established bearishness should not be ignored, possible entries can be after a bounce from 200-EMA or fall below 1000-EMA. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the market.
TVC:GOLD
by VincePrince
7
DJIA, Flag-Formation Confirmed, Continuation Ahead!________________________________________________________________________________________________ Hi Traders, this is a signal I give to you for free today. Support will be great with a like and follow when useful. ________________________________________________________________________________________________ ENTRY: 27820-27950 MINIMUM TARGET: 28250 STOP LOSS: 27410 MINIMUM RISK REWARD: 1 REASON: Bull-Flag Confirmation ________________________________________________________________________________________________ In this manner, thank you for watching and support for more market insight. Information provided is only educational and should not be used to take action in the markets. ________________________________________________________________________________________________
TVC:DJI
by VincePrince
6
SILVER, Continuation Ahead When Formation Completed!Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 4-hour timeframe perspective which is sending some high interesting signs at the moment since it formed some smaller up moves after its heavy decline to the downside, we should not ignore the established bearishness currently as there is still a good possibility given for further increase to the downside as I detected some important signals we should consider in the current situation showing SILVER outcomes in the next times. Looking at my chart you can watch that SIVLER is moving in a uptrend channel which is actually a possible bear-flag-formation marked in black, the rallies SILVER is providing here arent strong and followed pull-backs together forming a wave-count which will finally end with the last leg to the upside and the wave e of the overall wave-count, furthermore you can watch there the short-entry-zone marked in the red resistance between the 28.9 and 29.4 level where SILVER not only has resistance from previous price action but also coherently ends up with the upper boundary of the possible bear-flag therefore a pull-back in this range is highly possible which will firstly move to the lower boundary and 50-EMA marked in green when this level does not hold and SILVER closes below it the bear-flag is finally confirmed and more downside will come with an increased pace, there is a possibility given that SIVLER invalidates this but it is currently quite marginal as the bearish signs are strong the continuation to the downside can be taken into consideration. Similarly to GOLD the precious metal SILVER is also in a more bearish state where it is forming a smaller uptrend but which is weak and setting up for more to come, when it shows up with the more possible bearish scenario it has to be elevated what will happen after the final breakout and if there can be any stabilization in the range or SILVER moves on to continue with its established bearishness. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the market.
TVC:SILVER
by VincePrince
17
SPX, Formed New All-Time-High, These Scenarios To Consider Now! Hi my friends, Welcome to this 1-hour timeframe perspective SPX update, the index recently confirmed a new all-time-high which exceeded the pre-corona all-time-high, now the index is in a decisive situation as the price just pulled backward right after the breakout which can indicate a bull-trap, a close above the level would have been a stronger move now the index has to show certain price-action to make it a sustainable breakout or decline will set in. You can see in my chart the possible bull-flag the index is forming here marked in blue with the new all-time-high marked just touching the upper boundary of this bull-flag-formation, what is important now to confirm this bull-flag rightly is to move above the established high and close above the upper boundary of the possible bull-flag otherwise when this does not happen and the index fails here this can just be a bull-trap which reverses course to the downside, this will show up when the index moves below the lower boundary and below the 40-EMA marked in black but as the index still holding above these supports the bullish breakout scenario is more likely. This ongoing mechanism can be traded either aggressively with an entry in the bull-flag or conservative when entry after confirmation, although the aggressive entry, is possible the conservative will be much better as the price confirms the formation and activates the targets. Next times will show if this new established high will sustain and follow up with new highs or this was just a huge bull-trap invalidating to the downside, what is important to keep in mind that there are still big divergences between real economy and stocks while the real economy is damaged stocks making gains this can lead to a speculative environment, therefore we need to elevate further and if SPX manages to move above the range and form new highs how it establishes there as fundamental factors not necessarily supporting a rally. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the market.
TVC:SPX
by VincePrince
6
USDCAD, Moving In Wedge Which Can Reverse The Situation!Hello Traders Investors And Community, welcome to this analysis where we are looking at USDCAD 4-hour timeframe perspective, the recent events, the current formational structure, what to expect the next times, and how to take action appropriate when certain confirmations occur. USDCAD was in a protracted downtrend where it confirmed its lows at the 1.316 level recently, technically this downtrend is still going on on the higher timeframes and the question is now if the price is strong enough to form a reversal or the downtrend will go on further, in this case I detected some signals which providing a better sight into the bullish scenario determining further outcomes of this pair. Looking at my chart you can watch there that USDCAD is building up a possible descending-wedge formation marked in blue where it already touched the upper and lower boundary several times and forming a wave-count which can have a end sooner or later, currently the pair has found some support at the 1.32 level from where it can bounce and form the wave D finally, this will confirm to the last wave E as it is marked in my chart which needs to bounce of from the lower boundary and form a solid up-move to confirm the overall wedge-formation which will happen with a decisive volatile move above the upper boundary as it is seen marked in my chart. When USDCAD shows up with the more likely bullish breakout of this wedge and confirmation the breakout can be traded to enter, although the immediate entry within the wedge is also possible waiting on the proper breakout will be much smarter here, when the breakout and confirmation sets in the overall target here will be the blue 200-EMA, for this it is important that there do not enter any solid bearish signals which can invalidate the bullish scenario again, the possibility for this is quite marginal but it should not be ignored especially when USDCAD does not manages to bounce at the lower boundary strongly as it is expected. In this manner, thank you for watching, support for more market insight, all the best! Information provided is only educational and should not be used to take action in the market.
by VincePrince
1