
BTCUSD has broken over the August Resistance after finding Support on the MA200 (1d) and the Rising Support. Gap filling in process and Resistance (1) is next at 32500. Trading Plan: 1. Buy on the current market price. Targets: 1. 32500 (Resistance 1). Tips: 1. The RSI (1d) rebounded after it hit the oversold (30.00) level for the first time since November 9th....
Nasdaq found support on the MA200 (1w). It is waving a Bullish Flag inside a Channel Up pattern. All Fibonacci levels have formed Resistance levels that are filled one after the other. Trading Plan: 1. Buy on the current market price. Targets: 1. 13600 (on Fibonacci 0.5, the next in line after 0.236 and 0.382 got filled). This is also the August High. Tips: 1....
Dow Jones found Support on the 31710 level (Support 1) of the November 3rd Low. The long term Pitchfork indicates that this is its bottom level. Trading Plan: 1. Buy on the current market price. Targets: 1. 34350 (near Resistance 2). This is a similar impulse wave to June-July and October. Tips: 1. The RSI (1d) hit the oversold barrier for the first time since...
WTI Crude Oil hit Support Zone (1) and is rebounding. The pattern has been extremely steady since November and Support Zone (1) has delivered 5 rallies of at least +9.50% each. Trading Plan: 1. Buy on the current market price. 2. Buy near Support (2). Targets: 1. 80.00 (near Resistance Zone 1). 2. 77.50 (mid level structure). Tips: 1. The RSI (4h) is on a...
SNXUSD crossed over the Bear market's Falling Resistance for the 2nd time this month on a clear long term bullish signal. It is already 3 weeks after the Golden Cross (1d) formation. Trading Plan: 1. Buy on the current market price. Targets: 1. All Fibinacci retracement levels on by one up to 9.000 (Fibonacci 0.618, the Golden ratio). Tips: 1. The MACD (1d) is...
STXUSD is rebounding on the MA50 (1d) and Support (1) after a rejection 2 weeks ago near Fibonacci 0.618. Golden Cross already completed 3 weeks ago. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.75000 (under Fibonacci 0.786 and Resistance 2). Tips: 1. RSI (1d) is on a Rising Support. It has accurately caught all three bottom buys. Please...
S&P500 reached the bottom of the 4 month Channel Up. The RSI (1d) is nearly oversold. Trading Plan: 1. Buy on the current market price. Targets: 1. 4250 (top of Channel Up and projected +11.20% rise). Tips: 1. RSI (1d) is forming a huge bottom sequence same with December 19th and September 27th. Please like, follow and comment!!
XAUUSD accurately rebounded on the Bouble Bottom as suggested on our previous analysis (see bottom for chart) and hit both the 1828 and 1856.50 Targets. A rejection is now taking place on the MA200 (4h) under Fibonacci 0.786. Every Fibonacci level has formed a High during the March recovery process. Pullback expected and the strong Support Zone is MA50 (4h) along...
EURUSD rebounded on Support (1) as suggested on our previous analysis (see bottom for chart) and hit the 1.06650 Target. The rejection took place both on the Falling Resistance and Resistance (1). Pullback expected and the first Support level is the 0.236 Fibonacci. Trading Plan: 1. Buy on Fibonacci 0.236. 2. Buy on Support (1). Targets: 1. 1.06500 (Falling...
Bitcoin hit the MA100 (1d) today with the MA200 (1d) only a short distance below. The rejection on Resistance (1) earlier in February emerges comparisons with the August 15th rejection that dropped -26.50% before recovering. Similarly the November selling declined -27%. This time however the RSI (1d) turned oversold before a -26.50% price drop. Use therefore a...
KLAY is contained inside the MA50 and MA200 (1d). This is the first time that former Resistance (MA200) is tested as Support. The main pattern is a Channel Up with limited downside from the current price level. Trading Plan: 1. Buy on the current market price. Targets: 1. 0.4000 (+8.75% from previous High). Tips: 1. The RSI (1d) is bottoming on Lower Lows, as...
The US10Y reached the top of its Channel Up and is reversing on a Head and Shoulders formation. Top made very close to the 0.786 Fibonacci. Trading Plan: 1. Sell on the current market price. Targets: 1. 3.575 (MA200 (1d) and Fibonacci 0.236). Tips: 1. The RSI (1d) is on a Rising Support. An additional indication of when to take profit. Please like, follow and...
DAX is rising before reaching the MA50 (4h). The patterns involved are two Megaphones. The MA50 (1d) is supporting long term. Trading Plan: 1. Buy on the current market price. Targets: 1. 15800 (Fibonacci 1.236 extension, similar to Jan 31st - Feb 2nd rise that was also +3.75%). Tips: 1. The RSI (4h) also on a perfect harmony with Jan 31st - Feb 2nd,...
Dow Jones quickly reached our first two targets (see bottom of the idea for the previous analysis). Yesterday's rejection on Pivot Zone (2) creates the conditions for a new buy position since the index entered Pivot Zone (1) again. Trading Plan: 1. Buy on the current market price. 2. Buy if it closes a candle over the MA200 (4H). Targets: 1. 33500 (inside Pivot...
VGXUSDT is trading on a Channel Up inside a Triangle. The recent 1 week rally started at the bottom of both patterns. Not the price is over both the MA50 and MA200 (1D). Trading Plan: 1. Buy on the current market price. Targets: 1. 0.880 (top of Triangle). Tips: 1. The last two tops of the Triangle were priced when the RSI nearly Double Topped. You can wait for...
BTCUSD broke under the two month Channel Up. Yesterday's 1D candle closed back inside it though, which maintains its trend, in a similar way that the candle breaks on its top in February, closed back inside it. The previous bottom was 7 days after the Golden Cross (1D). Today is 7 days after the MA100-50 Cross (1D). Trading Plan: 1. Buy if the candle closes...
XAUUSD after its biggest daily drop in recent months, it reached the Support Zone of February. The MA50 (1D) has entered this Support Zone and can support as it is intact since November 10th 2022. Legitimate short term buy opportunity. Trading Plan: 1. Buy on the current market price. 2. Buy if the price breaks over Fibonacci 0.382 and retests the...
EURUSD reached the Support Zone of February 24th-27th. As long as it holds, it is a Double Bottom. The MA50 (1D) is under it as an additional layer of Support, holding since November 10th. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.06650 (Fibonacci 0.5 and Falling Resistance limit). Tips: 1. The RSI (4H) is rebounding after almost hitting...