TheCryptagon

TheCryptagon

EURUSD reached today the 1day MA50 for the first time since July 6th. At the same time it hit the Rising Support that is making the Higher Lows since the May 31st bottom. If the 1day candle closes above that Support level, then this is a buy opportunity. If it closes below, wait until it hits and closes a 1day candle above the 0.618 Fibonacci level, otherwise...

TheCryptagon

USDCAD is trading inside a Channel Down pattern for nearly 5 months. The price is currently on the 1day MA50 for the first time since July 7th and second since June 1st. Obviously a strong Resistance. The technical rejection zone however lies a little higher inside the range consisting of the 1.33845 Resistance (previous High) and the 0.618 Fibonacci level...

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GBPJPY is rebounding after marginally breaking under the 1day MA50 for the first time in 4 months. This is a similar type of rebound as April 23rd 2021. That sequence traded inside an Ascending Triangle. Wait until the price hits the top and sell, targeting the Support at 177.000. Follow us, like the idea and leave a comment below!!

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Polymath / POLYUSD crossed today above the Falling Resistance that dated back to September 4th 2021, the start of the Bear Cycle. This is the first major bullish breakout signal, with the second and more decisive being when it will cross above the 0.382 Fibonacci level. Be ready to buy that breakout and target the 0.618 Fibonacci at 0.4800, which was the...

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Dow Jones / US30 us extending the rise inside the 4 month Channel Up, supported by the 4hour MA50. It has already crossed over Resistance A (35525) and as long as the 4hour MA50 holds, it can even break above Resistance B and make a Higher High inside the 36000 - 36100 range. Sell when the price crosses under the 4hour MA50 and target the 4hour MA200. An...

TheCryptagon

GBPUSD had a technical rejection at the top of the Channel Up. The 1day MA50 is the Support at the bottom of the Channel Up, as it has been intact since June 8th. This is a buy opportunity. Target the standard +4.30% rise at 1.3300. Previous chart: Follow us, like the idea and leave a comment below!!

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The S&P500 / US500 touched the 4hour MA50 after the Fed Rate Decision for the first time since July 11th. This isn't a medium term buy signal as the current 2 month Channel Up, has given two strong buy entries lower, on the 4hour MA100. We expect the price to hit it at 4510. Buy there and target the Channel Up Top at 4630 (under Resistance A). The 4hour MACD...

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Nasdaq / US100 continues to trade inside the Channel Up pattern of the last 6 months. The price is staging a rebound just over the 15280 former Resistance and if it holds, that will be the final phase of the bullish leg that aims at a new Higher High of the Channel Up and will inevitably challenge the All Time High at 16790. The last two rallies achieved runs of...

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The USDJPY crossed today over the 1day MA50 after 10 days. The pattern is a 6 month Channel Up. The 1day MACD is close to forming a Buy Cross, the first under the 0.00 level since the April 7th. This is a confirmed buy signal. Buy and target a little under Resistance A at 144.800. Follow us, like the idea and leave a comment below!!

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EURUSD got rejected at the top of its multi month Channel Up and crossed today under the 4hour MA50 for the first time since the bullish break out of July 7th. This pull back looks so far quite the same as June 22nd/23rd. The 4hour RSI almost got oversold as then. If the 0.382 holds, we may see a Falling Wedge consolidation before the new leg up to the -0.618...

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DAX formed today a Golde Cross on the 4hour time frame for the first time since June 7th. The last 3 4hour Golden Crosses inside the large Channel Up pattern have been buy signals that targeted a little under Fibonacci 1.236. The 4hour RSI is also having a consolidation similar to those previous fractals. Buy now and target 16550. Previous chart: Follow...

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The Band Protocol / BANDUSD hit today the top of the 8 month Channel Down after a strong rally that saw the 1day RSI recovering from deeply oversold levels. This pushed the price above Fibonacci 0.382 but still under the 1day MA200. Buy after the 1day MA200 breaks and target the 0.618 Fibonacci at 2.0500. The 1day RSI is also testing the Falling Resistance, a...

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WTI Crude Oil hit and is getting rejected on the 1day MA200 today. That is the 2nd time 4 days to do so. That is a technicals Double Top rejection and if the 1day RSI crosses under its MA, it will confirm the bearish move. The long term pattern is a Channel Down and as we described last time, this isn't just near its top but also near the 1week MA50. Sell and...

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Gold / XAUUSD has started the new bullish leg of the 8 month Channel Up, as it is about to complete three straight green weeks. This hasn't been done since March 13th. The 1day RSI just crossed over the MA trendline, a strong bullish signal as well. Both previous Bullish Legs of the Channel Up rose by at least +13.50%, so use that as the standard technical...

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Oracle is on a correctional wave inside a larger parabolic trend. As long as the price is inside the Channel Down (correction wave), sell and target the 1day MA100 at 106.85. If the price crosses over the Channel Down, buy and target the 1.236 Fibonacci level at 130.50. Follow us, like the idea and leave a comment below!!

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SUIUSD crossed above its 1day MA50 for the first time in its short history. That is a strong technical bullish breakout signal. Buy and target the 0.382 Fibonacci level at 0.95500, which is also near a potential Channel Up pattern that may emerge. The 1day RSI is under 60.00, indicating that this move has significant upside ahead. Further buying can be...

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GBPCAD is trading inside a double Channel Up pattern, with a rejection yesterday on the shorter term pattern. The 1day RSI is about to cross under its MA, which has always been a sell signal when on a bullish trend (above 55.00). Wait for its completion and sell, targeting the 1day MA50 at 1.69400. Follow us, like the idea and leave a comment below!!

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S&P500 / US500 is trading inside multiple Channel Up patterns, the shortest of them started on June 08. Based on the first bullish wave of this pattern, the current leg is on the last spike before a correction. You may buy now and target 4560, before the next short term buy opportunity emerges again in around 10 days on the 4hour MA100. Follow us, like the...