2020
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USDKRW A long-term approach
- July 16, 2020
- Posted by: Tradingshot Articles
- Category: Uncategorized
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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
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BITCOIN Trading sideways post-Halving is the norm.
- July 15, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
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%
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BITCOIN $9400 hit. Next targets on the short-term.
- July 8, 2020
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
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
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USDSGD Break-out Sell Signal
- July 7, 2020
- Posted by: Tradingshot Articles
- Category: Forex
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:
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USDINR Long-term Sell Signal
- July 7, 2020
- Posted by: Tradingshot Articles
- Category: Forex
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
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USDRUB Long-term Buy Signal
- July 7, 2020
- Posted by: Tradingshot Articles
- Category: Forex
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
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SGDHKD Buy Signal
- June 30, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Triangle on 1W. Signal: Bullish as the price is pulling back after near contact with the 1W MA50, which has been a bullish continuation pattern n 2016 and 2017. Target: 5.700 (the bottom of the High Volatility Zone and inner Lower High trend-line). ** Please support this idea with your likes and comments,
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CHFSGD Buy Signal
- June 29, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Up. Signal: Bullish as the price is near the Higher Low trend-line of the Channel with a bullish MACD. Target: 1.5140 (previous Higher High Resistance) and 1.5930 in extension (only if you want additional long-term risk). ** Please support this idea with your likes and comments, it is the best way to
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GOLD/SILVER ratio in the Subprime and COVID crises
- June 24, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
I don’t know how many of you speculate on the Gold/ Silver ratio but I do. And I have come across an interesting pattern in 2008 during the Subprime Mortgage Crises that may be repeated now during the COVID crisis. As you see on the chart, the LMACD is the key indicator on it,
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S&P500 Sell Signal
- June 23, 2020
- Posted by: Tradingshot Articles
- Category: Stock Indices
Pattern: Resistance/ Support trading. Signal: Bearish as the price is testing the Resistance Zone. Target: 3080 (just above the Symmetrical Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent S&P signal: Tradingview link: https://www.tradingview.com/chart/SPX500USD/nhkSckBi-S-P500-Sell-Signal