Price formed a head and shoulders pattern, overall still in a big range. Markets look bearish this morning, potential to go back to the low of the range. Please support the idea and share your thoughts on S&P500! Good Luck and Stay Healthy!
Disney+ just announced that they will open streaming service in 8 more countries on September 15th. The chart shows the price between 50 and 200 SMA's. A buy zone formed for better risk -reward. Final confirmation is the break of the 200SMA and back above 61.8%. Please support the idea and share your thoughts on DISNEY! Good Luck and Stay Healthy!
Are we approaching yet another bubble burst as the tech sector continues to go higher and higher? Please leave a like and comment your thoughts on NASDAQ100! Good Luck and Stay Healthy!
Consolidating after another touch on the wedge. A break of the wedge and 200SMA is a buy signal. Please support the idea and share your thoughts on EURUSD! Good Luck and Stay Healthy!
Looking at the oil chart, we see a nice double top with RSI divergence. Also, an uptrend line with 3 touches, can provide an early entry. If the bear gap fully closes through 41, then we target more upside to 44, where previous lows are and 200SMA. Overall, OPEC+ is doing everything to convince market that the oil price market is stable and there should be no...
Price ranging from last week, closed near support. Waiting for the break and close of the candle through either either support or resistance. Opening of the market this evening may create a gap and be volatile, best to see overnight and wait for Europe to open for less risk. Please support the idea and share your thoughts on DAX! Good Luck and Stay Healthy!
Continuing the short from last week, price close below the 61.8%. Expecting a continuation to lower target levels, if the weekend bearish sentiment remains. Please support the idea and share your thoughts on GBPUSD! Good Luck and Stay Healthy!
Price at support area again of 0.64. A break lower and close of the candle signals potential to go to lower target levels. Price might show volatility on the open tonight and gap below the support so be vigilant of the price swings. Please support the idea and share your thoughts on NZDUSD! Good Luck and Stay Healthy!
Friday close showed massive rejection and potential for a B-wave to finally be over, based on the count from previous week. If that is so, then we are going down from here, for now targeting 200SMA and 3000 level. Weekend charts show slight bearish momentum in indices and news came out of a further spike in virus cases in USA, particularly Florida. Please support...
Price formed a falling wedge pattern with multiple touches. Now at critical support level with an uptrend line also near. If the wedge breaks to the upside we can target higher levels. If the uptrend line breaks, then potential to go to target lower levels. With recent development, markets shifted to a more risk off mood on Friday, prompting a stronger USD....
Looking to short the break of 200SMA and 1.24. Target 61.8%. Please support the idea and share your thoughts on GBPUSD! Good Luck and Stay Healthy!
Potential to short a bounce from a retest of 61.8%, waiting for the small uptrend break for better risk-reward. Targeting lower levels. For now indices remain flat, so no real risk-on or risk-off momentum. Need a sell in indices. Please support the idea and share your thoughts on GBPJPY! Good Luck and Stay Healthy!
After Monday's retracement indices have been ranging with no real momentum. Resistance of the range is 61.8% and good support zone (green) with 50SMA and 200SMA. Break of either and close opens new target levels. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
Price could be testing uptrend line soon, a break of it is a sell signal to target lower levels. Please support the idea and share your thoughts AUDCHF! Good Luck and Stay Healthy!
Price broke the channel and retested it. Now price at converging 50 and 200 SMA. Small support at 61.8 at 31.24. Waiting for the break lower to sell more. Potential target at 28 and further fib levels. Please support the idea and share your thoughts on UBER! Good Luck and Stay Healthy!
Sentiment in China did not trigger the H&S pattern form yesterday, instead bullish momentum stays. Now we have a ascending triangle at 61.8%. Break to the upside open higher target levels. US session starting soon and volatility will rise. Please support the idea and share your thoughts on DAX! Good Luck and Stay Healthy!
Price continues to test 61.8%, a good break above and close is a signal for to buy and target further upside. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
Price forming a H&S pattern with RSI divergence. Indices in Asian session could shift sentiment tonight. MPO of pattern is at 11900. Potential support at 12000. China may raise risk level to 2 after disturbing news from Beijing about more cases of virus. Please support the idea and share your thoughts on DAX! Good Luck and Stay Healthy!