Weekly Market Analysis 29 Aug 2021In this weekly Market analysis video, I identified the Buy Points and Sell Points for the following pairs:
BUY PAIRS: EURUSD, NZDUSD, GBPUSD
SELL PAIRS: USDJPY, USDCAD, USDCHF
These buy points will help us to make decisions during the week.
When the price is above the Buy point, we are only looking for buying opportunity and when the price is below the sell points we are only looking for a selling opportunity.
Have a great trading week.
Weeklymarketsanalysis
Bitcoin Dominance continue weakness!!Bitcoin Dominance it's look bearish too. For that, a possible altseason we could to look soon in the best cryptocurrencies. For example: Ethereum, Cardano and XRP are my preferences. Now, I show you this perspective how I look the dominance. As Bitcoin touch the 0.382%: 49.10%, Bitcoin weakness and could to leading down to 39.50% and included 33.69%.
In the monthly timeframe, it's look extremely bearish for Bitcoin, I don't have any doubt of it.
AUDUSD Weekly ForcastThis week I see AUDUSD rising at least to the upper side of the daily channel.
We had a nice stong bounce and momentium seems to be on our side. We also had divergence on the last leg down to confirm the weakness in the bears.
My idea will be invalidated if price breaks below the weekly support and continues lower
USD/CHF multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION)
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Wish you succesfull and consistent trading with profits!
This is not an investment advice.
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Weekly Watchlist 22 August [Stock]In this video, I break down my stock watchlist for this week. I think that markets look a little shaky but there are definitely still some good setups to watch. If you found this helpful, please like and follow :) Also please note that this is not financial advice in any way. Good Luck!
My Watchlist:
www.tradingview.com
XRP it's leading to $3.62 USD soonMy weekly perspective!!!
It's beautiful.
As today I sold my 10,087 XRP for Cardano coins and I hold 13,867 ADA coins + 1,788 ADA in profit in my trading app. So, I thinking one thing now!!! XRP explosion will be so volatile. And this way, this could to put XRP so fast to reach the $3.62 USD inminent!!! If XRP it's the next cryptocurrency to pumping!!! Now, XRP will leading to the bull market. Now, another data that we would to know it's the XRP Dominance & XRP Market Cap. Because they are exploding now!!! The only what I thinking it's to sell all my Cardano to get XRP for this smart exit strategy!!! But, now, I will going to analyze it very well, becuase Cardano it's pumping too.
If Silver Closes the Weekly below 22.6 Then This Will Rise.Silver is looking to Bearishly close the weekly below $22.6 and if it does then i will be buying call options expiring in a few months for this inverse ETF of Silver.
However if silver can get a bullish weekly HA candle Close above $22.6 then i will look to trade silver bullishly.
For now i have only lightly gone into the bearish trade for silver but will get in more if i get candle close confirmation below $22.6.
bitcoin looks too bullish, weekly closed above the 21 weekly MA✓#BTC (weekly Update)
4th in a Row Weekly Green Candle Closed ✅
Weekly Candle Closed Above 50% Fib & 45k Resistance turned into Support to
Give momentum to going Bitcoin to 55k ✍️
may be bitcoin get pullback to 21 MA in weekly bases but overall bulls are here to full in control to take btc another ATH
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Weekly Markets Analysis GBPUSD,EURUSD,USDJPY and NZDUSDIn this week analysis, I looked at the index and we have the following weekly ranking:
Dollar Index: Negative
Euro Index: Positive
Australian: Neutral
Canadian Negative
British Pound: Positive
Japanese yen: Positive
Swiss: Negative
This analysis allows us to have the following pairings:
BUY PAIRS: EURUSD, EURCAD, GBPUSD, GBPCAD, NZDUSD, GBPCHF
SELL PAIRS: USDJPY, CADJPY
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I will be analyzing these pairs during the week as things start to develop.
Have a blessed trading week.
Ethereum may to reach these prices leve in mid-termThis it's just my weekly perspective in Ethereum. I'm super-bullish on Ethereum. Maybe, I can to consider this analysis for my plan on Cardano or XRP. One of these prices, I will deciding to sell my Ethereum to another altcoin to invest like Cardano, XRP, and also, I will going to put in my eyes in another cryptocurrency that could to have a big potentail that it's Chainlink, because Chainlink it's showing us an interesting movement to invest in this altcoin.
Now, I look these perspectives:
1. Ethereum may to reach the mark of $5,500 USD aprox. in the -0.273% FIBO
2. Ethereum may to reach the mark near of $7,000 USD aproxi. in the -0.618%
I'm super bullish in Ethereum!!!
Weekly Watchlist! 8/2 - 8/6Here are the stocks we are watching for this week!
NASDAQ:AMZN
Looking for a relief bounce on AMZN here off of trend resistance, watching for a break of $3370
NASDAQ:AMAT
Nice accumulation forming here on AMAT under resistance, looking primed for a test of all time highs soon. On this we are looking for a a break of the $142 level
NYSE:CAT
Nice hammer candle right off the 200sma. Sentiment into this week should be good with the expected passing of the Infrastructure bill. Looking for a move over $209
NYSE:KSS
Picture perfect falling wedge forming here on KSS, expect some more bullish moves as the economy opens up further and heading into the holiday months ahead. Looking for a move over $52
NASDAQ:TSLA
Great break and hold of trend resistance last week. Will look for continuation with a break of the $700 level
ES Weekly Analysis (Buy with Caution)The current market conditions is giving me cause to pause as it relates to putting in buy orders. To me it seems as if the market is poised for a steep correction over the next week or so. My current thesis is based on the fact that the ES-Mini for the better part of this week was priced well above the weekly 3 ATR. What was particularly alarming for me was that nearly every time we have that type of run to those prices we've seen a steep pull back in the coming weeks. Currently I have a "No Buy Zone" of any contracts priced above 4400 all the way up to 4504 (also want to note that for the better part of this week my "No Buy Zone" ranged from 4380-4453). In my view we are seeing buyers like myself shy away from those higher priced contracts in fear of having the algos pulling the carpet on us for 100-130 points.
The daily chart also is resonating the weekly sentiment in that we are seeing a decline in V-Score which is indicative of buyer exhaustion. (See Chart link for more details)
Even more alarming is the weekly VIX chart which illustrates that the VIX is currently in a squeeze which could spell trouble for buyers if they get caught reaching for expensive contracts in the "No Buy Zone." (See Chart link for more details)
(Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.)
Weekly Watchlist! 7/26 - 7/30Here is what stocks we are going to be keeping an eye on this week!
NASDAQ:WDAY
We are looking for a move here over $242 with target levels of $243.50, $246, and $248
NASDAQ:ATVI
Like how we are holding the 200sma just under trend resistance, we are looking for a move here over $92 for a run into earnings with a target of $93, $94, and $95
NASDAQ:NVDA
Looking for a break of resistance here over $197 with targets of $198, $199, and $200
NYSE:SQ
Looking for another break of trend resistance here for a move over $268 with targets of $270, $272, and $276
NATURAL GAS Weekly Bearish Pattern Greetings Folks,
NATURAL GAS has made a very strong bull run in the past few months, the current price is forming an AB=CD pattern (Bearish) on this Weekly Chart.
Of Course, we have to say that the price might go higher.
However, we need to take note that it is a strong opportunity to sell (PRZ)
Watch out for rejection at this level to finding good risk-reward for trend reversal entries as well.
All the details are on the chart.
Have a nice week. Good Luck.!!
ETH/USD: Ethereum could to make support above of $1,900 USDThis it's my weekly perspective how I see Ethereum in this timeframe. If the weekly timeframe still bullish , Ethereum could to valided this key support above of $1,900 USD to invest. At the moment, I will need, becuase in Daily it's look bullish . But weekly timeframe it's very important to know if Ethereum make a bullish reversal.
EURUSD looking for the 1.16? 🦐EURUSD on the weekly chart got rejected at the top by an extremely strong trendline.
The market created almost a double top and now is approaching a weekly support level at the 1.17400.
According to Plancton's strategy if the price will break below we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.