In this review we share with you some ideas for the NQ, ES, YM and GC. We are in a very aggressive time, however, by lowering the risk and letting the operations run we will be able to take advantage of the opportunities.
The monthly technical set-up could be showing us a bearish "trap" and then bounce to the upside. We come from a double top pattern that was perfect (congratulations to those who have been able to detect and trade it). It could be said that we are now facing a monthly triple bottom at the end of the month... Here we believe that the following scenarios can...
The Nasdaq and the SP500 show a clear, apparently intact recovery configuration... Friday's correction was to be expected since it had been on the rise for so many days/weeks, we have said that in the coming weeks the probability of (slow) recoveries will arrive . Support levels and uptrend lines remain intact. Time will give us the answer.
The so-called "super peso" is showing a very interesting configuration... Will it break down the support and we will see it at $18.90? The chart shows us that possibility as they have not allowed it to go higher in the descending channel that the price is in... It will be an interesting thing to watch.
This pair like the EURGBP is very technical... It is trading in a weekly descending channel, so we think the downtrend will continue as the Euro remains weak and this bullish momentum could be a relief...
The price has been rejected by the moving average of 200 weekly periods. We believe that the price will continue to fall within the channel that has formed. This pair is very technical and very respectful of its setups.
With several fundamental data, and a clear bearish macrotrend, we believe that the price is in a moment of "relief" so we believe that it will have a rebound to the upside. Today the FED minutes are published so we will have volatility.
Caution from here for longs. We are with 4 consecutive weeks on the rise, in addition to that we have reached the downtrend line, this makes us observe that we can see corrections in the price for the following days. From our perspective we will see affordable corrections, that is, we will patiently wait long...
We see nq breaking out of a short-term bearish structure (it still looks bearish in major TF) and believe it has room to continue momentum until it hits the next resistance. It's earnings season for companies so that could generate the impulses...
The Major pair appears to be forming a new support level at the bottom of the channel. So we would not hesitate to see it bounce before continuing its downtrend. Follow us!
With a clear POC at the next resistance, we believe that the price will rebound towards that level, so if our hypothesis is fulfilled, we will be facing a bullish July. Follow us on our social networks.
We are looking at a bounce that looks very “promising” as it has enough room to the upside to the next level. The first semester of 2022 was a disaster, this gives us the guideline so that prices and levels will probably recover in the 2nd semester. Follow us!
BTC in pre-rest or relief before its latest correction... Technical analysis (despite being such a volatile asset) is doing its cycles perfectly...
Tracing a regression channel, we see tesla touch that support and have a little bounce... We will wait a little longer before buying this stock. However, the opportunities are still historic at this time.
I don't care if we're in a recession or not... It's time to start long-term purchases in assets like this, the correction has reached strong supports... Our strategy is simple, buy at the end of the cycle... If you want to learn write us a DM
As we mentioned before, we see the Pound come to great macro support, from here we will see rebounds that are going to take a while. But it's a good time to buy and forget...
We believe that the momentum we see today on the Nasdaq is only momentary, since Powell is speaking tomorrow... Maybe it will hit the 200 weekly moving average and from there it will start a big rebound just like we saw in the pandemic.
Hi Traders, this time we bring the analysis of BTC and NQ. Let's start with the BTC... We have been waiting for months for a correction at these levels, something that seemed impossible a while ago, why did we wait for it? Because the chart from a technical point of view shows us that it should visit the support that it broke and since BTC is a very volatile...