Hello traders and investors! Let’s see how AAPL is doing today! Since my last analysis, AAPL has been accumulating in the range between the red line at $ 136 and the black line at $ 137.98, and as long AAPL keeps there nothing interesting will happen. The link to my last analysis is below, as usual. But even if Apple loses the red line, we have some...
Hello traders and investors! The SPX did a new record high today, which is amazing. Let’s see what’s going on here. The index is still trapped inside the congestion we mentioned yesterday, between the green line at 3861 and the black line at 3827, and as long as we don’t see a real breakout from any of these points, the index will continue moving sideways ....
Hello traders and investors! Let’s see how SPX is doing today! The volatility increased a lot recently, and this led to a false breakout from the support level at 3827, which is a Key Point that worked as support and resistance in the past, as evidenced by the black line. Also, the previous Gap area worked as a nice support as well. Since the index is...
Hello traders and investors! Let’s see how Tesla is doing today! As we discussed in my previous analysis (Jan 11), Tesla was giving some signs of weakness, and now all the signs were triggered, and we are in a boring congestion. The 21 ema is flat, and we are quite close to the next resistance at $ 867.95, which is a key point Tesla must defeat in order to...
Hello traders and investors! Let’s talk about PLTR today! The movement looks quite scary, but let’s see if there are reasons to worry. It seems PLTR is in the middle of a congestion, and the pink line at $ 25.08 is a support zone . As long as the price keeps above this line, I see no reason to worry. Also, we had a clear Double Top at the green line ($...
Hello traders and investors! Let’s talk about Apple today! The key point for Apple in the short-term is the $ 121.98, because it was a previous top , which was defeated today, but if AAPL loses it again, the market may see this as a false breakout, and it could retest again the 21 ema. I wouldn’t say that Apple is in a strong bull trend, as we are still...
Hello traders and investors! Let’s see how Tesla is doing today. It’s been some time since my last analysis, so, let me give you guys some updates. And the link to my previous analysis is below, as usual. First, Tesla is trapped inside what I like to call a Trap Zone , trading above the support at $ 406, but under the resistance at the 21 ema, and the price...
Hello traders and investors! Let’s see how SPX is doing this Friday 13! In the hourly chart, I see that the index is moving sideways, inside a congestion . The 21 ema is flat, and we have the 3,581 as resistance, and the 3,511 as support. In theory, since SPX is coming from a bullish momentum, it should do an upward breakout, and defeat the green line for good....
Hello traders and investors! Let’s see how Tesla is doing today! Let's do a Multi Time Frame Analysis (MTFA) and study some scenarios to work with from now on. We have a bull trend in the hourly chart, as it is doing higher highs / higher lows , but it just hit an important resistance level, the pink line at $ 442.50. As evidenced by the pink arrows, it worked...
Hello traders and investors! Let’s see what’s going on with Tesla now! First, we see a pullback on the hourly chart, which is natural, as Tesla just hit the resistance at the purple trendline , and it couldn’t close above the green line at $ 425.81. The 21 ema is flat now , and it is a natural support, along with the blue line at $ 419. If Tesla trades above...
Hello traders and investors! Let’s see how Tesla is doing today! The hourly chart is struggling to defeat the blue line at $ 419, and the 21 ema is still pointing down. This makes the trend bearish in the short-term, but we still have important support at $ 406 zone. Tesla did several technical movements lately, just take the red line for instance ($ 442)....
Hello traders and investors! Let’s see what’s going on with Tesla. It almost hit the previous support at $ 406.05, and we see a good reaction in the hourly chart. It is quite hard to work against a black bar like the one we saw today morning, but Tesla is doing a decent job. Since it lost the purple trendline we discussed yesterday, the bull trend is starting...
The DAX (GER30) is in a troubled zone of congestion and seemingly fighting to stay afloat. Don't expect it to just roll over swiftly - though anything is possible. We're looking at a sharp rejection of the 2H ATR line. This analysis does not apply to any other time frame. But taking a steer from the 2H, there is money to be made (and lost) on much smaller...
Hello traders and investors! Ok, so SPX is struggling a lot lately, but the bulls managed to keep the prices up, above 61.8% fib retracement, but not by much – is still dangerously close. I find interesting that the last candles look so small, but that’s an illusion , caused by the huge volatility during the Covid-19 crash, with its big candles. That’s why is...
EURJPY has been trading in a very tight range since the beginning of the trading week. With the setup of the moving averages that is about to turn bearish and with a strong down-movement behind the box, I am looking for a good opportunity to enter a short position. I'm going to wait for the price to enter the upper part of the range, then wait for a signal that...
AUDCHF is at the bottom of a pretty solid range. The price is just getting out of a small congestion phase and buyers seem able to continue to push the price higher, towards the top of the range. With a risk to reward ratio better than 1:2, it's definitely worth a try.
@USDCHF breaking a small congestion phase and heading towards a major swing high. With a good risk to reward ratio, this trade is worth a try.
After USDCAD beat the congestion/resistance zone, it also beat a Daily bear trend line. Now on 4H timeframe we got a Bullish Bias and we can place a new bull trend line. The congestion formed before breaking the Bear trend line and resistance could be seen as a retest, but i missed the entry bar. So now i expect a retest on the following zones: - On the EMA and...