Happy St Patrick Day Folks! ▪️Last week Recap we were expecting BTCUSD to bounce off from the 20k price level, which it did. We had few scenarios in mind one of which was to go back up all the way to the 25k price level and reverse down from there for more ranging but after few days of working that price level, it finally broke through early this morning and...
Good day everyone. We have an important day ahead with FOMC just around the corner. With that being said I expect the market to be a bit messy before/during the event, so I advise everyone to stay away from any trading today unless you have something clear on your chart and you use proper risk. Coming back to GOLD, the recent rally is now taking a small breath...
TSLA's stock price has been characterized by a high degree of volatility, with significant price swings occurring over short periods. From a technical analysis perspective, TSLA's long-term trend has been upward, with the stock price increasing from around $20 per share in 2013 to over $1,000 per share in early 2021. In November 2021 the stock price started a...
In this financial outlook, we cover the most important pairs from the Forex, and Stock Market as well as the most important Cryptocurrencies.
Hey folks, For today I was looking at a short scenario for EURUSD. Considering the current economic turmoil from last week, the USD somehow managed to find some strength. News that FED will lower interest rates in the upcoming FOMC meeting gave some bullish hopes in regard to the USD. Moving on to our analysis, as you can see on the chart, the grey trendline...
Hello traders, Today we will do an analysis for NATGAS. This commodity is in a big downtrend on the daily and weekly timeframe that started in August 2022. For now the higher probability move is a bigger correction in this area. On the 4h timeframe we expect the price to move to the upside and break the previous local high that it made on the 3rd of March. Once...
In this financial outlook, we cover the most important pairs from the Forex, and Stock Market as well as the most important Cryptocurrencies.
Hello traders, Today we will do an analysis for GBPUSD. This pair is in a down trend on the daily timeframe that started on the 23th of January. Now, it is doing a corrective move from the last big impulse to the downside. The most probable scenario for this one is a pullback to the blue rectangle marked on the chart that coincides also with 70,5% retracement...
▪️2W Analysis Here is our view on BTC Looking at the 2W TF, we’ve used the same interval time from the highest point to lowest point for each bearish trend and at same time looking at RSI to find matching Low - we had already done an initial analysis on that exact same chart early 2022 and then provided an update end of 2022. If that pattern is to repeat itself...
It’s been a while now since our last engagement… Well, where should I start…? Many things happened in the last year++ that kept us away from this fantastic trading community and the good people we engaged with throughout our posts. Now, all those things are behind us and we are more than ever committed to continue to provide you with like we used to, the best...
Hello traders, Ethereum is close to the resistance area marked on the chart. Here we see 2 possible scenarios for this cryptocurrency. It will either break it and consolidate above starting a new impulse to the upside or it will reverse and retest the support area at $3,4k. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided...
Hello traders, This week Bitcoin is in a consolidation phase that has 2 possible scenarios. The higher probability scenario in our opinion is a move that will reach the blue trendline marked on the chart and then retest the support area at 42k. However if the price breaks the resistance area marked on the chart and consolidates above then we may look for the...
Hello traders, Looking at the USD/JPY chart we foresee a bigger degree correction to occur. The blue trendline breakout is a good sign for a bearish scenario considering the fact that we made a nice consolidation after the breakout. The pair found some small resistance above and we are expecting the price to reach the liquidity area highlighted on the chart....
Hello traders, As you can see, after the downtrend that began in mid-November, Gold finally started to make a consolidation. We see this move to act as a trigger for further bearish sentiment. Having said that, we are expecting the price to increase in the short-term and reach the resistance area highlighted on the chart. After that we will study the price action...
Hello guys, GALA/USDT was one of the biggest winners recently in the crypto space and started to moon from the 15th of November. Don't worry about it, there is still time to ride the bull, just be patient and wait for the correction to finish. We will need a deeper retracement before going back up. We will watch the liquidity area below for buy setups. The price...
Hello guys, The Cardano chart is in the middle of a corrective structure. As you can see on the chart, we started the previous bull run on the 20th of July 2021 and 2 months later ended and started a deeper retracement. We will expect the market to make one more drop towards the support level before reversing. Another possible scenario: If we don't break the...
Hello guys, For Litecoin we give a high probability for a continuation of the correction that started on the 10th of November. However, if the price reverses with a lot of momentum and the price breaks the resistance area marked on the chart we should reassess our positions. Trade with care. Best regards, Financial Flagship Disclaimer: The...
Hello traders, For the next move of Ripple we are expecting a retest of the support area and the local low of September marked on the chart. If the price breaks the resistance area at $1.05 with a strong candle and makes a consolidation above we may see a continuation to the upside without the move to the downside. Trade with care. Best regards, Financial...