TradingClear

TradingClear

Up until recent times, for Gold OANDA:XAUUSD we were considering two possible scenarios: the completion of a big ABC primary pattern (in yellow) which took the big movement from the yearly 1047 low as the first impulse to the upside and the retracement to the 1120 area as it's A leg. The B leg would have then been a complex B wave with consequent new highs...

TradingClear Updated 

The minor trend to the upside might be resuming now on KRAKEN:XRPUSD , as well as on other cryptocurrencies, all of which have to complete the primary upside correction first, before resuming the main downtrend. On Ripple we are expecting the price to at least reach the 0.95. Then, according to how the structure will behave, we will decide if to keep positions or...

TradingClear

Following our monthly timeframe overview on EURSEK (), we believe that the pair could have commenced a really big downward move which will continue for many months ahead. After the downwards impulse the pair has developed over the first two weeks of May, EURSEK has spent most of this week consolidating, on the 60min and 4hr timeframes. A great opportunity for...

TradingClear

As the pair reached the 0.618 Fib of what could appear to be a wave 5 extension, it suddenly dropped. So far, being there similar movements all across the board, it definitely seems to be a euro driven movement. Having said that, the downward move occurred over the last weeks marks either the end of the uptrend (if we see the price movement of the last five years...

TradingClear Updated 

Following our previous analysis on the daily timeframe (), we have noticed that after a first impulse to the downside, the pair never broke the daily trend and, instead, went for a further complex correction to the upside. This does not at all invalidate the bigger picture on the FX:GBPNZD pair, however, and we are still expecting a big move to the downside, at...

TradingClear

As it stands now, the NZDUSD pair, after a strong impulsive movement to the downside, on the 4hr timeframe seems to be forming a leading ending diagonal pattern to the downside. If this is the case, at any point from now on the pair could be reversing, eventually breaking the aforementioned pattern. From this moment on, therefore, we will be looking for buy...

TradingClear Updated 

As per our previous weekly timeframe overview (), we believe that the CHFJPY is presenting itself with a good long opportunity, with an excellent R/R ratio and a big profit potential. On the 60min timeframe, the pair has broken a minor trend, giving us a buy setup. If you feel that our analyses and views may be a useful complement to your trading strategies and...

TradingClear Updated 

As per the title and our previous analyses, Bitcoin is in a big consolidation pattern. The structure seems to be shaping up into a regular flat for more downside, which won't come immediately but will inexorably appear in the near future. Having said that, for those who want to trade within corrective structures, we believe that this cryptocurrency will slowly...

TradingClear Updated 

First of all, congratulations to all of those who follow us and have had the opportunity to check our daily timeframe analysis on Ripple and are in the buy, either from the end of the "B" wave of the major degree consolidation (), or from the smaller degree flag type correction that came along on the way and that we published (). Hold your positions - don't...

TradingClear

CHFJPY is definitely in a real sweet spot at the moment. In a huge consolidation area, in fact, we are expecting the pair to go and at least re test previous highs. A great trading opportunity which, if caught now, would have a more than excellent profit potential and a great R/R ratio. Target in the 118 - 119 area. Updates on smaller timeframes will follow. If...

TradingClear Updated 

Following our daily timeframe overview (), we believe that on the 4hr timeframe BITTREX:XVGUSD is gaining momentum for a drop. After a first impulse to the downside, in fact, which for us has marked the end of the bigger ABC correction which came into the shape of an irregular - running flat type pattern, the cryptocurrency is at the moment slowly correcting to...

TradingClear Updated 

Following our previous analyses (), we are noticing that GBPCAD is currently correcting, forming a minor trend to the upside. The break of said trend, would be another great opportunity to get into the sell. Let us remind all traders that, as the pair has broken the daily trend and structure, we are expecting the price to reach previous lows, all the way down to...

TradingClear

On the weekly and daily timeframes, Silver 0.55% is in an extremely long medium term correction, and trades on silver 0.55% can be extremely short lived, at this moment. Having said that, no one says that short term trades cannot be nice trades, therefore we are currently considering this opportunity. At the moment, after the previous downside move, the...

TradingClear Updated 

Last week Gold never gave us a sell setup and instead spiked up on the verge of certain news events. Finally however, it has now completed a more defined and clearer pattern for us to trade, at least. It seems clear now that, in fact, as the commodity reached previous highs but did not break them and consolidate and, instead, it reversed to the downside, it will...

TradingClear Updated 

EURUSD is a pair that we have overlooked for quite a while now. This currency cross has been in a medium term correction since 2015, and the structure has had a very undefined progression. Of course, we have traded it here and there, but it is now that this pair has become suddenly really interesting. Up until a couple weeks ago, we did not have a clear...

TradingClear

Following our previous analyses on the daily and 4hr timeframes (), as the GBPCAD pair broke the daily trend, we are actively monitoring it to find new short opportunities. At the moment, the pair is correcting, however, having broken said trend, we are expecting OANDA:GBPCAD to go and retest previous lows all the way to the 1.582 area, making this a trade not...

TradingClear Updated 

Following our previous analyses on the OANDA:USDJPY pair, and ) for our second potential buy setup, we believe that the pair could possibly now go for a slightly deeper correction, before continuing it's uptrend. As this could be another great opportunity for a new long entry, we are currently monitoring the pair's price action in order to define the...

TradingClear Updated 

Following our Daily timeframe overview (), we are currently monitoring price action on the OANDA:GBPNZD , waiting to see if these last movements will develop as a correction that ultimately will break to the downside. For those who aren't in the sell from the sell setup area at the top, watch the pair carefully now. If this last pattern develops correctly as a...