TradingShot > Articles/ Analyses > 2020 > July

2020 July

  • ETHEREUM Indications that the Bull Rally is starting

    • July 23, 2020
    • Posted by: Tradingshot Articles
    • Category: Uncategorized
    No Comments

      Another simple study on ETHUSD making use of the MA20 and the LMACD on the 1M (monthly) chart. As you see both showcase strong bullish signals. In particular, the LMACD made a Bullish Cross in May but the important thing is that Ethereum has been making Higher Highs since, indicating a sustainable uptrend. On

    read more

  • OIL Trading Plan

    • July 21, 2020
    • Posted by: Tradingshot Articles
    • Category: Uncategorized
    No Comments

      Pattern: Channel Up on 4H. Signal: (A) Bearish as long as the 42.50 Resistance holds, (B) Bullish if it breaks. Target (A) 43.30 (Higher High of the wider Channel Up), (B) 40.50 (just below the 4H MA50 and above the dashed Higher Low trend-line) ** Please support this idea with your likes and comments,

    read more

  • USDKRW A long-term approach

    • July 16, 2020
    • Posted by: Tradingshot Articles
    • Category: Uncategorized
    No Comments

      Pattern: Multi-year Channel Up on 1W since mid 2014. Signal: If the green trend-lines break, it is a sell signal but suitable to long-term traders only. Target: First to the 1W MA200 and then the Higher Lows trend-line of the long-term Channel Up as illustrated by the green arrows. ** Please support this idea

    read more

  • BITCOIN Trading sideways post-Halving is the norm.

    • July 15, 2020
    • Posted by: Tradingshot Articles
    • Category: Cryptocurrency
    No Comments

      I just want to set all the confusion straight regarding Bitcoin’s ranged price action since May. After each BTC Halving, the price always consolidated for several weeks before a bullish break-out from the range. To put this into perspective, following Halving 1 (November 28, 2012), BTC consolidated for 6 weeks within a roughly 12%

    read more

  • BITCOIN $9400 hit. Next targets on the short-term.

    • July 8, 2020
    • Posted by: Tradingshot Articles
    • Category: Cryptocurrency
    No Comments

      Bitcoin eventually followed the short-term formation I posted a week ago, and hit the $9400 target. The Falling Wedge has been broken to the upside and since the price is still within the Channel Up pattern on the 1D chart, it turns bullish on the short-term. On top of that the LMACD has made

    read more

  • USDSGD Break-out Sell Signal

    • July 7, 2020
    • Posted by: Tradingshot Articles
    • Category: Forex
    No Comments

      Pattern: Channel Down on 1W. Signal: Bearish if a full 1W candle closes below the 1W MA50. Target: 1.35000 (just above the Symmetrical Support Zone). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent USDSGD signal: Traingview link:

    read more

  • USDINR Long-term Sell Signal

    • July 7, 2020
    • Posted by: Tradingshot Articles
    • Category: Forex
    No Comments

      Pattern: Channel Up on 1W. Signal: Bearish as the price is reversing after a Higher High on the Channel Up, with the MACD making a bearish cross on significant downside potential. Target: 71.500 (expected Higher Low on a roughly -8.40 decline). ** Please support this idea with your likes and comments, it is the

    read more

  • USDRUB Long-term Buy Signal

    • July 7, 2020
    • Posted by: Tradingshot Articles
    • Category: Forex
    No Comments

    Pattern: Channel Down on 1W. Signal: Bullish as the Channel Down found support on the 1W MA50 and the rebound broke the pattern upwards. Target: 82.800 (the potential Double Top). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **   Tradingview

    read more