2020 December
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EURUSD Pull back possible on Bearish MACD Cross
- December 4, 2020
- Posted by: Tradingshot Articles
- Category: Forex
No CommentsPattern: Channel Up on 4H. Signal: Sell towards the 4H MA50, as the MACD made a Bearish Cross almost exactly where it made its November 09 Cross. Buy once contact is made. Target: 1.2200. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and
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BITCOIN Testing the ATH with Production Cost near. Sign for 50k?
- December 4, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Bitcoin has been consolidating since December 01 when it touched the All Time High (19900 of Dec 2017). On any other occasions, consolidation on such a key Resistance level would be a sign of struggle, hence a bearish signal. However in this study I examine why this may not be the case based on
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XAUUUSD Why testing the 4H MA50 as Support is important!
- December 3, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
This is a quick update on Gold. The price broke above the 4H MA50 with relative ease and this bullish leg (since November 30) resembles the sequence of October 29 – November 09. That wave, after a pull back to its 0.5 Fibonacci retracement level and the 4H MA50, it found Support and rebounded
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EURUSD Bullish set-up
- December 2, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Last time I showed why EURUSD was bullish both on the 1D time-frame (targets were 1.1900 and 1.2000) but perhaps more importantly on the 1W time-frame where the post March 2020 price action resembles that of the 2017 rise: Right now I focus on the 4H chart, where despite of the wider (rough) Ascending
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XAUUSD Still bullish but hit the 4H MA50. Short-term scenarios.
- December 1, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
Yesterday I posted a long-term projection on Gold, which had to do with the importance of holding the 1W MA50. And so far buyers have defended this long-term Support: Today’s rise has been strong, indicating a powerful buying accumulation but that doesn’t mean that shorter-term traders shouldn’t be on their toes. The reason is
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