2020 September
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S&P500 Buy Signal (long-term)
- September 22, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
No CommentsPattern: Channel Up on 1D. Signal: Buy as the price reached the 0.618 Fibonacci retracement level from its previous bottom. Target: 3590 medium-term (Resistance) and for long-term traders 3900 (+21.90% rise from this bottom). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and
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EURUSD Trading Plan
- September 22, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Down on 4H. Signal: Sell either on the key trend-line (dashed) or on the Lower High trend-line of the Channel Down. Target: 1.16250 (Lower Low). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView
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DXY Trading Plan
- September 22, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Up on 4H. Signal: (A) Sell as it approaches the Higher High trend-line of the pattern, (B) Buy when it approaches the Higher Low trend-line. Target: (A) 93.70 (potential -1.10% drop from the symmetrical Higher High), (B) 95.00 (just below the Higher High trend-line). Most recent DXY signal: ** Please support this
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BITCOIN Last level of Support before a bigger correction comes.
- September 21, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
BTC has opened Monday lower as a result of the continuous selling pressure on the stock markets. This is the natural psychological against the threat of rising COVID cases and the inability of the economy to withstand a potential new lockdown. The price is therefore currently about to test again the Higher Low trend-line
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BITCOIN The 1W MA50 is testing its ATH! Bullish Signal!
- September 17, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Yesterday I looked into the importance of the 1D MA50 and how a potential test can affect Bitcoin: That made me go a timeframe higher into 1W and search for clues on its own MA50. I found a very important cyclical pattern and I want to share it with you. As you see during
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NATURAL GAS Trading Plan
- September 17, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Channel Up on 1D. Signal: (A) Buy as long as he price trades above the 1D MA200 (orange line) (B) Sell if it breaks below it. Target: (A) 2.700 (right below the Resistance) (B) 1.650 (right above the Support). *Note: the RSI is near its 1 year Support Zone. Only once this failed
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DOLLAR INDEX Trading plan on Fed Day
- September 16, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Potential Channel Up on 4H. Signal: (A) Buy as long as the Support is intact (B) Sell if the Support breaks. Target: (A) 93.90 (right below the Resistance) (B) 91.85 (right above the Support). *note: Tight SL needed on both ends as the volatility around and after the Fed Rate Decision will most likely
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BITCOIN going for the 1D MA50 test! Will a break bring a rally?
- September 16, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
So it appears that Bitcoin successfully defended all possible Support levels, both the Higher Low trend-line of the 1D Channel Up (chart 1) and the 2 year bearish trend-line (chart 2) as seen below: If you think that was the easy part, you are mistaken! BTC traders have to reclaim the 1D MA50
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XRPUSD Bullish Cross on the LMACD. Eyes on $0.400.
- September 15, 2020
- Posted by: Tradingshot Articles
- Category: Uncategorized
Ripple is trading within a Channel Up since the March bottom. The price is currently consolidating near the Higher Low trend-line but the LMACD has just made a Bullish Cross. Last time that happened, XRP touched the Higher Low trend-line and started the aggressive rebound towards the Higher High trend-line. Notice also how the
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WTI OIL Buy Signal
- September 15, 2020
- Posted by: Tradingshot Articles
- Category: Uncategorized
Pattern: Triangle into Channel Up. Signal: Bullish as the Triangle broke, the 4H MA50 has been crossed and the 38.45 Resistance is being tested. Target: 40.10, that is roughly a +5% rise from the 4H MA50 break-out. Sinc June 16, every break-out above the 4H MA50 has resulted into at least a +5.50% rally. **
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