TA-Vision

TA-Vision

HI everyone, I'd like to start the year with a look at the long-term chart and it's pretty impressive. Last year we dived below the MA50 in March and then came back above it in May thanks to the stimulus, which avoided a MA20 / MA50 cross as in 2008 and 2002, this is very special because this time it avoided a long-term crash scenario whereby the bull market has...

TA-Vision Updated 

Unbelievable what an increase since October 30, the importance of not breaking through 530 was enormous, the bulls did an excellent job. With the breaking of zone 575 even the sideways trend has been done and there is again upward space. If you look closely, the zone 575 can also be seen as the neckline of an inverted SHS pattern. If you reverse the size of the...

TA-Vision Updated 

Hi everyone, A new daily chart update: now that the falling resistance line has been passed above the MA50, we can expect an upward movement again. 560 is an intermediate step that still needs to be taken. RSI is in the bull range, convincingly only above 55. Support can be found on the MA50 and the falling resistance line. Longs can be taken with caution given...

TA-Vision Updated 

Hi everyone, How quiet it is on the forum here, today we are also not much further than the beginning of June! After the breakout from the falling wedge at the end of July, a major decline was expected, but it has not really continued. At the beginning of September, a breakout by 545 (see green circle) was reversed, which increases the chances of realizing an...

TA-Vision Updated 

Hello everyone, this weekend I took a moment to take a good look at the bigger picture again, it is clear that there is a clear resistance line at the top with 3 tangent points and at the bottom a support line with 3 tangent points. This pattern indicates an ascending wedge indicating the end of a rise in an outbreak down. At the top it is now around 583 it could...

TA-Vision Updated 

Hi everyone, Tuesday an attempt was made to break through the previous summit of 472. This did not work, there is now a double top which is a negative development, yesterday we also fell on the hour chart by the MA50, a sales signal for me. I now focus on the following levels 544 (closing gap 15/06/20) and eventually 530. See that there is also a big M pattern in...

TA-Vision Updated 

Hi everyone, the bulls are still in control, the scenario of "sell in may" has not been manifested by the MA50 that managed to absorb 2x the decrease (see green arrows). On the other hand, the bulls no longer have any strength to push upwards, this can be seen from the horizontal resistance line in the RSI. So it is a sideways course that can take a while. I only...

TA-Vision Updated 

Hi everyone, the decline at Royal Dutch continues, a new first target can be set at 12.50 an earlier gap (23/03/20) which will have an attractive effect. In the RSI, the declining horizontal support is broken, which can now act as resistance. It is expected that the previous bottom finally should be tested around 10.50! Good luck traders! regards , TT

TA-Vision Updated 

Hi everyone, the gap of 06/03/20 was finally closed at 528 after which a large decline followed, see here the importance of the improving effect of this level on which large parties were trading. Can we now expect a further major drop? To get a better picture, I first discuss the day chart: after the sideways movement of the month of April, there was only an...

TA-Vision Updated 

Hi everyone, I just want to focus on Shell, there is a big drop ahead! After the recovery in recent weeks, the gap closed at € 18.50, after which a double top formed. Important now is the falling resistance line (channel) which was tapped for the 3rd time yesterday. There is also the formation of an SHS pattern. If the neckline breaks around € 14.50, we can...

TA-Vision Updated 

Hi everyone, After a weeklong side bump, today a breakthrough to higher levels is visible again. The open gap since 6/03/20 has an attractive effect that I think should be closed for the longer term, this is what the market is now aiming for, the MA50 has managed to stop the declines for the time being, leaving a 2nd short signal . You can also see the parallel...

TA-Vision

Hi everyone, This week is an important decision for the coming course of the oil price. The course in the RSI is now important to keep an eye on, at the previous bottom at $ 22.50 the indicator was OS, which suggested a temporary bottom, now it is important that it remains above the OS line (> 30), then there is a double bottom pattern and we can go up again. If...

TA-Vision Updated 

Hi everyone The time has come, a first short signal in a long time, we have had to wait a long time. See in the graph that the MA50 (orange line) served as a support for the upward movement for a long time, has not been able to keep today. An upward trend line has also been broken, which reinforces the whole. Initially we focus on 482 then on to 455 these...

TA-Vision Updated 

Hi everyone, A new analysis, it is not an easy one. Last week we were in the sideways motion but this will not last. This morning there was an outbreak upwards, the disadvantage is that this happened with an open gap (price area), this can still be closed (476) this makes the outbreak difficult to predict, under 476 the outbreak is false and there can be big...

TA-Vision Updated 

Hi everyone, I get many questions about what is going to happen now, it is important to know that there is now a sideways movement going on between say 482 and 452. I now have to wait for an outbreak before I take a longer term position again (because I am not a day-trader). In the hour chart there is a double top at 482, at the bottom the MA50 (orange line) has...

TA-Vision Updated 

Hi everyone, From now on, I will discuss for the shorter term in the coming period to be able to do some driving. We see that after a consolidation (rectangle) there is now an outbreak for what to recover towards the outstanding gap around 482, this seems to be the maximum that can be achieved in the downward trend. This would also test the previously broken...

TA-Vision

Hi everyone, After the breakthrough of the long-term support line, sales have accelerated, the M-pattern had a price target around 380, which has almost been reached, and a temporary upturn is expected here. If you invest for the longer term do not yet board! . The markets are heavily oversold, there is no long-term bottom yet! An upswing should be seen as a...

TA-Vision

Hello everyone, After the bloody Monday of 2 weeks ago, there was another one yesterday with an even greater calliber, partly caused by the viruses. In the meantime, we have arrived at the bottom of the long-term trend channel, it is important in the coming period whether it can hold, if not there will be an even greater fall. There is still a gap (skipped...