2021 March
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GOLD The peculiar 4H MA50/100 Cross divergence
- March 31, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
No CommentsToday Gold is on a strong rebound as it held the 1675.50 Support made from the March 08 Low. But the reason for this short post is to bring forward the counter signal that the MA50/ 100 Cross give on the 4H time-frame. As you see on the chart since January 14 the MA50
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DXY entered a new 3 year cycle. Will it be bearish or bullish?
- March 30, 2021
- Posted by: Tradingshot Articles
- Category: Forex
This month’s very bullish candle for the U.S. Dollar Index (DXY) is a transition one as it marks the end of the previous 3 year Cycle and the start of a new one. The previous Cycle was basically a neutral one, and it remains to be seen whether the current will be Bearish or
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NIKKEI a bearish long-term signal
- March 30, 2021
- Posted by: Tradingshot Articles
- Category: Stock Indices
Not the most of encouraging formations for Nikkei as not only is the price struggling to break the 12-year Higher Highs trend-line (light blue zone) and has been consolidating on the 1W time-frame, but the 1W RSI is on its Resistance level too while the MACD printed a Bearish Cross. Similar occurrences in the
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GOLD aims at $1850. Similarities with December 2020.
- March 26, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
This is a fractal comparison on XAUUSD between the current sequence and that of December 2020. At the moment Gold is trading on top of the 4H MA100 (green trend-line) using it as a Support and around the 4H MA50 (blue trend-line) using it as a Pivot. It still hasn’t broken above neither the
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S&P500 The 4H MA50 is the key
- March 26, 2021
- Posted by: Tradingshot Articles
- Category: Stock Indices
Pattern: Bullish Megaphone. Signal: (A) Buy if after the 4H MA50 break-out (blue trend-line), the level holds (as on Feb 02 – 04). If it doesn’t, (B) sell towards the lower (-) Fibonacci extensions (as on March 01 – March 04). Target: (A) The 0.5 Fib (rough estimate 4040). (B) The -1.5 Fib (rough
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BITCOIN Is this fractal the way to go?
- March 22, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Very quick update on a Bitcoin fractal I found. As you see on the chart the pattern since the March 14th High (which is so far a Triangle), is similar to the price sequence from the January 08 High to (so far) January 17. That sequence used the 4H MA50 (blue trend-line) for consolidation
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S&P500 Strong MA Support Zone below
- March 18, 2021
- Posted by: Tradingshot Articles
- Category: Stock Indices
The 4H MA200 (orange trend-line) with the 1D MA50 (green dots) have recently provided rebounds on S&P500 more often than not, acting as a Support Zone. As you see on the chart those happen to be also on key horizontal Support levels (3900 – 3860). With the 4H RSI making contact with its parabolic
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XRPUSD Trade the Triangle break-out
- March 17, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Pattern: Triangle on 1D. Signal: (A) Buy if the Lower Highs trend-line breaks (B) Sell if the Higher Lows trend-line breaks. Target: (A) 0.7500 (below the Resistance), (B) 0.2700 (above the Support). Don’t lose sight of the long-term picture on XRP. Below is my late December 2020 post calling for a buy opportunity when
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LINKUSD Short-term buy signal
- March 17, 2021
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Pattern: Channel Up on 1D. Signal: Buy as the price bounced on the 1D MA50 (blue trend-line) and the 1D MACD is about to give a Bullish Cross. Target: 42.000 (the Higher Highs trend-line of the Channel Up). ** Please support this idea with your likes and comments, it is the best way to
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USDCAD Wait for the perfect sell
- March 17, 2021
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Down on 1D. Signal: Sell on the next contact with the 1D MA50 (blue trend-line). Target: 1.2320 (estimated 1.236 Fib extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** ——————————————————————————————————– !! Donations via TradingView coins also help
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