2019
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BTCUSD Where symmetry meets the resistance
- March 19, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
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The symmetrical 1D Channel Up is close to hitting the 4190 target but more significantly to meet the MA200 that has been holding the bear market in place. This is a very important benchmark for Bitcoin as any break above this level technically signals the end of the bear market. High significance 2 – 3
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GBPUSD Sell Signal
- March 18, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: 1D Channel Up. Signal: Bearish after the pattern made a Higher High. Target: 1.3110 (the inside supporting trend line of the Channel Up). The long term Brexit effect on GBPUSD: Tradingview link: https://www.tradingview.com/chart/GBPUSD/FnaNXcbZ-GBPUSD-Sell-Signal/
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DOW JONES 50% correction or a new norm?
- March 17, 2019
- Posted by: Tradingshot Articles
- Category: Stock Indices
The question on everyone’s mind is that: “Are stocks overvalued right now or not?”, “Is a major crash coming or we’ve seen the bottom and we’re going for new all time highs?”. This is a hard question to ask. I try to approach this matter using the Great Depression as my basis point. Using the
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Is the Altcoin market about to explode?
- March 16, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Those who are into fractals will love this. The RSI on the 1W Altcoin Market Cap (ex BTC) is posting a similar sequence to the November 2014 – March 2015 price action. The small dip that followed gave way to the start of the bull market on Alts. Is this an early buy signal on
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DAX Big Sell Signal
- March 15, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Channel Down on 1W. Signal: Bearish since the price is near the pattern’s Lower High. Target: TP1 11215, TP2 11050. *Note: The same pattern took place in 2015/ 2016. After the 5th wave on the Lower High the index pulled back to its 0.5 Fibonacci and then broke the Channel upwards. Tradingview link: https://www.tradingview.com/chart/DAX/CQbswQgi-DAX-Big-Sell-Signal/
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Bitcoin’s Fibonacci Channel and the Band Shift to 100k
- March 11, 2019
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
BTC’s last bull market can be adequately broken down using the Fibonacci Channel as a Phase Marker. During 2015 the 0 – 0.236 Fibonacci band was used as a Support. Similarly in 2016 the 0.236 – 0.5 was the Transition Phase from the Bottom to the start of the new Bull Market, leading to then
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MANAUSD Buy Signal
- March 8, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Channel Down on 1W. Signals: Bullish if the inner Lower High line breaks. Target: 0.07000 (outer Lower High). Tradingview link: https://www.tradingview.com/chart/MANAUSD/Q3yWH21C-MANAUSD-Buy-Signal/
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DOLLAR INDEX Sell Signals
- March 7, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Channel Up on 1W. Signal: Bearish on two marks. 1st the 97.70 Resistance. 2nd the 98.75 estimated Higher High. Target: 96.00. Tradingview link: https://www.tradingview.com/chart/DXY/Kk5Liaq5-DOLLAR-INDEX-Sell-Signals/
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DAX Sell Signal
- March 6, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: 1D Channel Up. Signal: Bearish as the price has been rejected on the 1W Resistance. Target: 11380 (the Channel’s Higher Low). Tradingview link: https://www.tradingview.com/chart/DAX/HXf5883J-DAX-Sell-Signal/
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PALLADIUM Buy Signal
- March 5, 2019
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Channel Up on 1D. Signal: Bullish once 1) the price test the Higher Low and 2) completes a -8.65% pull back. Target: 1600. Tradingview link: https://www.tradingview.com/chart/XPDUSD/GlODNGCa-PALLADIUM-Buy-Signal/