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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
GOLD, Further Decline Follows Up When Range Cant Be Hold!Hello Traders Investors And Community, welcome to this analysis where we look at GOLD daily timeframe perspective. GOLD has shown a heavy decline bearish to the downside where it recently found support and forming some little uptrends which is normal after such heavy decline, currently we can not one hundred percent deny the bearish continuation scenario as the declines where just to strong therefore it is important to look at the situation in a neutral mind and do not overspeculate it as it is happening too often these days, in this case, I detected some importances which we should consider now next times. Looking at my chart you can see that GOLD just bounced at the first ascending trendline marked in blue which is also matching with the 45-EMA marked in orange building up together support here which was strong enough to send GOLD into this nice little rally. Now GOLD is approach still strong resistance which it has between the 2010 and 2040 level marked in blue in my chart, when GOLD approaches this area there will highly likely follow a bounce back as this is a strong resistance, when GOLD does this it will test the first ascending blue trendline where it will highly likely break to the downside considering the strongness of resistance. When GOLD shows up with the likely scenario and moves below the trendline it will approach the next sufficient support which it has firstly at the rising-trendline in red matching together with the 45-EMA in orange and building a coherent support-cluster here where a bounce to the upside is possible, this bounce can stabilize GOLD and possibly set up to form new growth but when this does not happen and GOLD shows bullish weakness further it can even fall more below the trendline pointing to the next EMA targets at the 100- and 200-EMA marked in black and blue in which a remaining possible stabilization can occur. 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
11
EXY CURRENCY INDEX, Preliminary Range, These Level To Watch Now!Hello Traders Investors And Community, welcome to this analysis where we are looking at the EXY CURRENCY INDEX which is the index to show the value of the euro in comparison to other currencies where we are looking at recent events, the current formational structure and what to expect the next times in order to handle the situation accordingly and in the right manner. The index experienced a steady recovery since the corona breakdowns seen this year where it moved higher but the question now is if this strength can hold on or lower levels will be visited, in this case, I detected some important signals which we should consider now in order to upcoming price-actions. Looking at my chart you can watch there that the index has formed three consecutive uptrend lines marked in blue and as the index now approached resistance at the 118 to 119 resistance level marked in light-blue this is an important range where the index can bounce again to the downside and as the index is overbought this is not far away. When the first trendline is broken to the downside it will give a first bearish shape and the index will move on to the next trendline testing it from there the index can either stabilize and move higher again or confirm the second trendline to the downside which will show up in a greater increase of bearishness at least testing the back-up-zone marked in blue. Overall we can expect the pull-back happening as mentioned the next times and for further stabilization and continuation, it forms high importance that the index bounces at the blue level between the 23.6 and 38.2 Fibonacci-support marked in my chart, when this does not happen and the index declines more from there the next remaining supports will be tested which is the decreasing support line in orange but till then the index has some good potential to confirm further bullishness in the range. It will be highly interesting how the situation is playing out here and how far and strong the pull-back is going and if there will be a solid stabilization or further declines to follow up with. In this manner, thank you for watching, support for more market insight, all the best! "Trading effectively is about accessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
TVC:EXY
by VincePrince
1
GBPEUR, Forming Possible Reversal With Opportunity Incoming!Hello Traders Investors And Community, welcome to this analysis where we are looking at GBPEUR 4-hour timeframe perspective, the recent events, the current formation, what to expect and how to handle upcoming price-action in the right appropriate manner. GBPEUR was in a protracted downtrend where it stopped recently at the 1.09 level and now forming somewhat of a consolidation, the big question most often in such consolidations is if it will continue further to the downside or a substantial reversal building that can reverse the price and establish a new paradigm. In this consolidation, I detected some meaningful signals which will determine the further outcomes of this pair till then there are some importances and signs which the pair has to fulfill in order to show the right confirmation and trading setup when considering to enter here. Looking at my chart you can watch that the strong consolidation range building up here is actually a possible big head and shoulder formation marked in blue with the consolidation below the 300- and 40-EMA currently holding on which can indicate a sign of strengthening before the final breakout happens, furthermore the pair is building a parallel channel here which is important to hold in order to show a breakout and overall validation of the head and shoulder formation, when GBPEUR falls below the lower boundary of this channel there is a strong invalidation range in which the pair will show continued bearish pressure to the downside, therefore, it is important to bounce at the lower boundary as it is shown in my chart. When the pair manages to stabilize at or above the lower boundary and finally break out the neckline of the head and shoulder formation with a volatile bullish move this will be the confirmation of the formation and higher upside targets will be activated. This mechanism can be traded either aggressively with immediate entry or conservative with entry after the confirmation has taken place. Although the immediate entry is also possible here the conservative waiting on confirmation will be much smarter here as it is also minimizing the risk. Minimum target after the confirmation has taken place will be the upper boundary of the channel, when these targets reached it needs to be elevated what GBPEUR is doing further in the range. In this manner, thank you for watching, support for more market insight, all the best! "The past as the future is indefinite and exists only as a spectrum of possibilities." Information provided is only educational and should not be used to take action in the market.
by VincePrince
1
CISCO, Possible Inverted H&S, These Level To Consider Now!Hello Traders Investors And Community, welcome to this analysis where we are looking at the stock value CSCO (CISCO) 4-hour weekly timeframe perspective, the recent events, the current meaningful formation building, what to expect the next times, which level are important to hold and how to handle upcoming situations out of a trading perspective. CSCO was since the corona crisis technically one of the weaker stocks trading below the 55-EMA measure and way below its established all-time-high, now this does not mean it is bearish forever and continue as I detected some signals which can indicate a follow-up of this stock to the main market, but the importance in the CISCO environment here is that it needs to confirm certain levels before such a follow-up can be considered at all but when these conditions fulfill the stock has some potential in the current structure building up. In my chart, you can watch that the stock just forming somewhat of a correction currently where it is correcting the uptrend established since the corona bottoms seen this year, the incoming volatility is higher but it can slow down when nearing to the support in the structure which the stock has at the 300-EMA marked in black where also important Fibonacci-supports lie. Therefore it is important that the stock bounces here and it is a needed condition in order to complete the big possible head and shoulder formation seen in my chart marked in blue, which will confirm when the stock stabilizes at the EMA and bounces from there, this move is highly important because when this does not happen and the stock falls below it this invalidates the whole head and shoulder formation within the invalidation range marked with the arrows in red where the stock will increase bearishness in this area. When the stock manages to hold the EMA support and bounce from there a move towards the blue neckline can be expected, when this happens it is important to move above it the best with a volatile upside move closing above the neckline which will confirm the inverse head and shoulder formation which will provide the proper entry setup for entering a position here as this is seen in my chart, in this case, the stock can bounce from the 55-EMA in green which will be a good point for opening a position, although the aggressive immediate entry approach is also possible here the conservative will be better to wait on the confirmation and then enter. When this scenario is playing out properly there can be decent upside targets expected which can even exceed the established all-time-highs therefore a smart consideration to open positions before the masses enter, remember to wait on confirmation which is the best process here. In this manner, thank you for watching the analysis, support for more market insight, a good weekend and all the best! "Trading effectively is about accessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
NASDAQ:CSCO
by VincePrince
1
SPX500, Trading Between The Lines, Breakout Or Pull-Back?!Hello, Traders Investors And Community, welcome to this analysis where we are looking at the SPX500 4-hour timeframe perspective, the recent events, the current formational structure, the upcoming price-actions, and how to handle the situation. As the stock market has recovered from the heavy corona-breakdowns seen this year many people looking at the major S&P 500 index and think what it will do next, the big question is now if the index can succeed in making a new high despite the still damaged real economy or if the bearishness sets in again supported by a second corona increase and the following measures taking place. In order to look at this problem in the right manner, we should keep in mind that the real economy and stock-market still showing big divergences to one another, while the real economy is still damaged and in a set-back due to coronas breakdowns the stock-market making gains mainly of the retailers rushing into the market while smart-money staying outside which can lead to a speculative market environment which need to be fixed in order to provide healthy growth in both factors. The indecision and divergence can also be seen not only in fundamental aspects but also technical as you can watch examining my chart the index has formed a bigger bull-flag already which confirmed to the upside, filled the gap and noted above this level where it is now somewhat consolidating and forming another second possible bull-flag, which is smaller but it can show a more decisive breakout as the bull-flag is forming right slightly below the all-time-high-condition you can watch marked in red. This fact can either mean that the bull-flag will follow up with a strong upside breakout providing new all-time-highs or with a break below and a possible double top which can move the price way lower in the structure. As the index still has some solid support levels in the range forming with the S/R-level marked in black and the 55-EMA we can come to the conclusion that a bullish upside breakout is more likely and possible as the downside one because the index firstly has to take out the remaining supports where it will have a hard time to do so, in this case, the upside breakout after consolidation can be more expected. When the index shows up with the more likely upside breakout this does not mean the index is completely bullish as this can still be a bull-trap and furthermore the index is trading in a weak uptrend with slowing down momentum which needs to increase when the breakout to the upside should be sustainable and last away, much more important than this is the fact that the real economy needs to grow together with the stock-market to make it a solid breakout and continuation potential with upcoming prosperity as it was seen in the past, we just have to imagine that the market needs to grow also without money printing into the market from central banks and on which point the price would be without these substitutions. Such mechanisms just ensure that a bigger crash postpones sooner or later as the situation gets intolerable we should see the current rally and possible breakout with continuation in a critical light to not get overwhelmed by circumstances if the environment reverses to the other side as this was factly true with many happening this year. In this manner, thank you for watching the analysis, support for more market insight, a good weekend 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 market.
TVC:SPX
by VincePrince
14
EURAUD, H%S Formed Formation, Downside Breakout More Likely! Hi my friends, we are looking at EURAUD 30-minute timeframe perspective, the recent events, the formation which has formed, what we can expect the next times and how to handle such a situation out of a trading perspective. Looking at my chart you can watch there that EURAUD has formed a big and solid head and shoulders top formation, such formations are known as reversal formations confirming a top with additional downward price-action, sometimes such formations can also break to the upside but as they following on an overbought market the possibility for a breakout to the downside is much higher, I made an educational post about this which you can watch when going on my account, what is supporting the downside breakout here is the strong resistance EURAUD has still in the structure supported by the 30-EMA which is likely to confirm as resistance when touched in this area. The next times we can expect EURAUD to test this resistance and confirm it as resistance to move below the neckline which will confirm the formation and activate the downside targets at the 1.65 level you can watch in my chart marked in red but when this does not happen and EURAUD manages somewhat to move above the 30-EMA resistance this formation can also break to the upside which will confirm with a decisive volatile move above the 1.655 level but from an empirical perspective and the structure this is not a likely scenario here. The formation can be traded either aggressively with entry immediately or conservative with the entry below the neckline, as the formation has not yet confirmed and there is still a small percentage possibility given for an upside breakout the confirmation conservative entry will much smarter here. In this manner, thank you for watching the analysis, support for more market insight, all the best, and good weekend! ;) "Trading effectively is about accessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
7
SILVER, Reversal Established, The Condition Has Altered!Hello Traders Investors And Community, welcome to this analysis where we are looking at SILVER 2-hour timeframe perspective, the recent events, the current structural formation, what to expect the next times and how possible further continuation confirmation can play out in this structure. SILVER has reached its upside targets greatly and since then reversed the perspective to the downside where it already formed a bear-flag confirmed. These events cant be taken by side for sure and now the big question is if SILVER continues with increased downside pace or if it stabilizes and manages to form new highs again. In this case, I detected some interesting signals which will determine SILVER further outcomes we should consider in the structure. Looking at my chart you can watch there the first bear-flag marked in blue already properly confirmed to the downside and now the price bounced at the 300-EMA marked in green to the upside where it is forming another possible bear-flag formation currently trading above the 30-EMA this structure was also seen at the first bear-flag before it moved heavily to the downside. Furthermore SILVER bounced at the key-resistance marked in red at the 27.5 level which is a huge resistance previously been support and now resistance, when SILVER gets there the next times and bounces again bearish in this level the second bear-flag can confirm to the downside as it is seen in chart. When SILVER also moves below 30-EMA possibility for bearish continuation is high. When SILVER shows up with the highly likely bearish bear-flag scenario the next important support to hold is the support between 24.5 and 24.8 marked in orange where SILVER can stabilize in the structure as it is marked in the chart. There are basically two possible outcomes SILVER can form here, either the stabilization at support is sustainable and it manages to move higher in the structure confirming further bullish or SILVER increases bearish and moves below the support. With the already established bearishness, the second scenario is more likely than the bullish as SILVER is still overbought also on the higher timeframes when SILVER moves then below the support bearish pressure will increase in the bearish ground you can watch in my chart. In this manner, thank you for watching the analysis, support for more market insight, all the best, and good weekend! ;) Information provided is only educational and should not be used to take action in the market.
TVC:SILVER
by VincePrince
7
BLACKROCK, Decisive Formation Looking For Further Confirmation!Hello Traders Investors And Community, welcome to this analysis about BLK ( BLACKROCK ) 4-hour timeframe perspective, the recent events, the current formation building, what we can expect the next times, what can happen after confirmation and how to handle the situation sufficiently. The stock has recovered from the major corona-lows seen this year with some decent but weak up-moves and now trading above the prior established all-time-high-condition where it is building some decisive price-action important for further conclusions, in this case, I detected some important signals which can determine further outcomes of this stock. Looking at my chart you can watch there that the stock is forming a huge rising-wedge-formation with the upper and lower boundary marked in blue which it touched already several times to form a coherent wave count with the final wave E already established and now showing more declines in the short-term firstly which can spring up into the middle and then longer timeframe perspectives. What is also matching here is the declining momentum you can watch marked in red normally indicating a reversal into the other direction, overall the stock is showing up some solid signals to come up with increased bearish selling pressure the next time. When the stock moves on to confirm below the lower boundary which is a likely scenario, there is some local support in this area in which the stock can bounce to confirm the lower boundary rightly as it is seen in my chart marked with the confirmational. When the stock confirms the lower boundary and moves on downward below the 60-EMA in black it will continue till there is support found which can reverse the perspective and stabilize the situation which is the 200-EMA support marked in green where the stock can bounce to form a reversal. The wedge can be traded either aggressively with immediate entry or conservative with entry after confirmation. In this manner, thank you for watching the analysis, support for more market insight and all the best my friends. Information provided is only educational and should not be used to take action in the market.
NYSE:BLK
by VincePrince
1
CADAUD, Head And Shoulder Confirmed, Continuation Ahead!Hello Traders Investors And Community, Welcome to this analysis where we are looking at CADAUD which is sending some quite interesting signals at the moment with a potential continuation ahead and a clear formation which developed we can expect some significant price-actions further developing. Looking at my chart you can watch there that CADAUD just confirmed outside its strong inverted head-and-shoulder-formation where it moved above the neckline with a decisive volatile move, this formation is normally considered a bottom formation and can provide further up moves when there do not enter any price-actions invalidating the formation. Currently, the pair is approaching resistance which can indicate a pull-back developing next times that can confirm the neckline a second time properly which will happen with a bounce from it, what is supporting this scenario is the 100-EMA marked in orange together with the neckline building a coherent support cluster where a bounce is likely, when this happens it will activate the overall targets at 1.066 marked with the black level in my chart, there is also a 400-EMA marked in blue in which the pair has resistance, therefore it needs to be elevated how the pair is reacting in this range, it is within the possible spectrum that it shows bearish action there as traders taking profit and the resistance validates. In this manner, thank you for watching the analysis, support for more market insight and all the best my friends. "Trading is about accessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
1
FTSE 100, Consolidating, This Scenario Can Alter The Situation!Hello Traders Investors And Community, Welcome to this analysis where we are looking at the FTSE 100 Index, what it is currently doing, the overall formation, the possibilities when certain confirmations occur, and how to handle upcoming changes. The FTSE is an index which has developed a longer consolidation period after its recovery approach from the corona breakdowns seen this year, the big question as it is also the same in other major indices is if this recovery can sustain further within a healthy unspeculative market environment or if there is more downside ahead especially when an increase in corona shows bearish downside action similarly to those mechanisms seen this year. Looking at my chart you can watch there that the index is trading in a longer stretched descending parallel channel which is marked in red where it is consolidating slightly to the downside and already touched the upper and lower boundary several times, such formations tend to break out sooner or later and the longer such formations develop the heavier and more volatile the breakout will be. Technically speaking the consolidation can go on more time when there is no positive news event which is altering the situation immediately to the upside, furthermore, the wave count establishing supports this scenario where the final wave E can form over the next times while the upper boundary confirming bearish again this final wave is not far away and within the high possible range. When this happens and the final wave develops the index has some solid support at the Fibonacci-support seen in my chart which is the 50 % level of the whole wave up, this support is also matching with the lower boundary of the channel where a bounce can be given and expected. When the index bounces in this area it can move on to confirm the bull-flag which will activate targets way above the range but the importance is to show up with the confirmation. This possible bull-flag breakout can confirm a healthy bullish edge but that does not mean the whole index is completely bullish as there are still strong resistance levels and the index is trading way below its all-time-high-condition, therefore we should not keep the bearish scenario fully by side here, the bull-flag can confirm bullishness on the short and long-term but that does not mean it will definitely go up into the long term as well, in this case the bull-flag can be traded on the long-side but it should be seen crucial when it is approaching resistances in the range above. In this manner, thank you for watching the analysis, support for more market insight, and all the best! Information provided is only educational and should not be used to take action in the market.
TVC:UKX
by VincePrince
3
AUDNZD, Reversal Building, Trade When Formation Confirmed!Hello Taders Investors And Community, Welcome to this analysis where we are looking at AUDNZD 4-Hour Timeframe Perspective, the recent price-action, the current formation building, what to expect the next times and how to handle a possible confirmation of the formation with appropriate trading which is important in such market situations. Looking at the chart you can watch there that AUDNZD is building this preliminary rising-triangle-formation marked in blue where the price already touched the upper and lower boundary several times also with a matching wave count ending with the current wave in the structure. Overall this is a bearish reversal formation pointing to the confirmed downside when the price closes properly below the lower boundary of the formation with a second touch of the lower boundary before a continuation to the downside can be considered. When looking on the bullish perspective the possibility is highly marginal the bearish one much more likely nevertheless a close above the higher boundary can invalidate the bearish scenario and therefore the formation. This breakdown can be traded either aggressively or conservative, the aggressive approach is an immediate entry in the triangle, the conservative is waiting on the confirmation then placing the order, the first target will be the 200-EMA marked in blue when this level does not hold the pair has increased potential to move lower. In this manner, thank you for watching the analysis, support for more market insight, and all the best! Information provided is only educational and should not be used to take action in the market.
by VincePrince
3