Hello traders and investors! Let’s talk about NIO! Despite today's sell off, thanks to some news, NIO is doing very technical movements. It is retesting the purple line at $ 50.50, which is the most important support for NIO, as we discussed in my last analysis, and if we see a good candlestick pattern around here, it would be great. If you missed my previous...
Hello traders and investors! Let’s see how NIO is doing today! Ok, NIO defeated the black line at $ 45.46 we discussed yesterday, and now it seems it is reversing the short-term bearish trend . The 21 ema is pointing up again, and the volume is increasing a little. According to the Principle of Polarity in Technical Analysis, the black line will work as a...
Hello traders and investors! Let’s see how NIO is doing today! Well, NIO triggered the pivot point at $ 39.74 (black line), which we discussed yesterday, and it is going up, as expected. Now, since the $ 39.74 was a previous resistance, now it is supposed to work as a support, according to the Principle of Polarity . But if NIO loses the $ 39.74, the bull...
Hello traders and investors! Let’s see how AMZN is doing, and what are its most important key points to keep in mind! First, we have the green line at $ 3,277, which was a previous support, and it worked as a resistance today, thanks to the Principle of Polarity in Technical Analysis. Also, it has a strong support at the black line, around $ 3,125. If we...
Hello traders and investors! Let’s see how Apple is doing today! It is resisting in a support zone (green line), which was a previous top, and now it is working as a support according to the Polarity Change . Also, it filled a Gap (blue area), and it may work as a support level as well. Any good reaction near this green line would be a very good sign . On...
Hello traders and investors! So, Tesla hit our target today! The $ 359 proved to be a strong support for the stock. Now, let’s see how to proceed. First, keep in mind that Tesla is still in a short-term bear trend , and the 21 ema, along with the previous supports, are going to work as resistances next. Right now, TSLA is struggling at its first resistance,...
Hello traders and investors! Tesla is doing a phenomenal movement today! Let’s what’s going on here, and what to expect next. As we discussed yesterday, TSLA is now engaged in a short-term bull trend, as it has been doing ascending tops and bottoms in the hourly chart. It also defeated its resistances, like the pink line ($ 398.80), which was our target since...
Hello traders and investors! Tesla is doing some interesting patterns around, let’s see how to proceed and what are the most important points to keep in mind. First, Tesla just hit the target we set on Friday, at $ 398, after it defeats the trendline. What’s more, Tesla triggered the pivot point at $ 398.80 (pink line), and now it is officially engaged in a...
Hello trader and investors! So, Tesla is doing a pullback today! This is perfectly normal and acceptable and shouldn’t scare anyone here! But when should we start to worry? When a pullback isn’t acceptable anymore? Let’s see about it. Right now, this pullback is very weak, because it didn’t even hit the 21 ema. Also, Tesla has other supports, like the black line...
Hello traders and investors! Let’s see how Tesla is doing today, after the split! Today’s candlestick is quite amazing, but not surprising. First, let’s see the hourly chart. As we discussed in my previous analysis (link below), Tesla just did a pullback to the 21 ema on Friday, and this wasn’t enough to change the trend. The trend is still bullish , and it has...
Wells Fargo is in an extremely delicate moment right now. The U$ 28.88 (blue line) seems to be the most important price region, where it was tested several times as support and resistance alike. The prices are in a support region at the moment (pink line), but the loss of this region could make the prices drop to lower levels (orange or red line). It would be a...
FX:EURNZD EUR.NZD- Bullish Bat pattern. --" Disclaimer: Im new to harmonics. Also, in general, this is the only time i am seriously analyzing and trading, also sharing this so that I get out of my bad habit, and take some responsibility of my trades and analysis.(This sill be here till the end of the year until I master it.)" --Feel free to point out any...
FX:NZDJPY The rate has climbed up and is now testing the two-and-a-half-year falling trendline resistance. The current level is also the former broken neckline of a completed head and shoulders pattern back from February. I will be looking for selling opportunities on shorter time frames, however the stops should be based above the resistance area (81.00) and...
EURAUD Last week I wrote an article saying I am looking for a short opportunity just before the rate broke to the upside. It seems though it was a false breakout as it has dropped quite sharply breaking the two-month-long uptrend and is now testing the old resistance/new support area at 1.4885. I will be looking for a move higher now to the former broken...
FX:AUDJPY After bouncing higher from the 9-month-long rising trendline the rate has stalled a bit at the former support area which should now become new resistance. I am looking for a strong rejection lower to target another test of the trendline around 84.20. A break of the resistance area above 85.40 would invalidate my bearish bias for the pair as it...
FX:GBPUSD The rate has risen to test the symmetrical triangle's resistance which is also an old support/new resistance area. I have no clear bias at the moment so I will be ready to enter both sides. For a short position I will be looking for a strong rejection from the resistance like a shooting star or bearish engulfing pattern to target the triangle's...
FX:EURJPY The rate has dropped down after successfull test to the 3-month-long falling trendline to test the short term rising trendline from February. The rate has formed 2 hammer candlesticks right at the former inverse head and shoulders neckline indicating further strength and a possible move towards the previous highs at 122.90 and the 100% pattern...
FX:AUDNZD After breaking the smaller head and shoulders pattern the rate shot right up. I am now looking for a pullback to the former neckline to enter new long position