2022 June
-
US10Y Testing the 1D MA50 again
- June 30, 2022
- Posted by: Tradingshot Articles
- Category: Other
No Comments
The U.S. Government Bonds 10 YR Yield (US10Y) has been on a pull-back in the past 2 weeks and is close to testing the 1D MA50 (blue trend-line) again. This held last time upon contact on May 26 and constitutes the first Support. We may have a Channel Up pattern in formation and the
-
USDSEK Still bullish long-term
- June 29, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The USDSEK pair had an excellent technical bounce on the 1D MA50 (blue trend-line) following our previous analysis: As you see that was our 1st suggested buy entry, so if you took the trade you can book (partial) profits and enter on the next pull-back near the diverging Higher Lows trend-line. The long-term entry
-
DOW JONES rejected before the 1D MA50. Double Bottom possible.
- June 29, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
The Dow Jones index (DJI) has had a strong red 1D candle yesterday right before attempting a test of the 1D MA50 (blue trend-line), which is the short-term Resistance. As you see the long-term pattern has been a Channel Down since the January 05 high. This formation has enabled us to accurately identify and
-
KAVAUSD Approaching the 1D MA50. Attention.
- June 28, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Kava (KAVAUSD) has been trading within a Bearish Megaphone since the August 30 2021 High. The recent short-term rally in the form of a Channel Up is close to a 1D MA50 (blue trend-line) test. A candle closing above it should be a bullish break-out call towards the 1D MA200 (orange trend-line). The pattern
-
TONUSDT Lower Highs break-out but Resistance come to play
- June 28, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Toncoin (TONUSDT) made a convincing bullish break-out yesterday above the Lower Highs trend-line that has been keeping the price action below since the April 21 dump. Today it is attempting a 1D candle closing above the 1D MA50 (blue trend-line). After the break-out that turned the trend bullish at least on the short-term, the
-
EURUSD Stuck between the 4H MA50 and MA200
- June 28, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair has been trading within a Channel Down since the February 10 High but lately in particular since June 20, it has been sideways within the 4H MA50 (blue) and 4H MA200 (orange trend-line). Our last EURUSD idea on the 4H time-frame, accurately caught the most recent top of the Channel all
-
S&P500 1D MA50 ahead. Careful about this Double Bottom scenario.
- June 27, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
As with the other stock indices, we have certain type of patterns for S&P500 that help us identify medium/ long-term trends and take low risk/ high return positions on the market. In this case, it has been the Channel Down on the 1D time-frame since the January 04 All Time High that has given
-
STORJUSD Amazing rise but needs to break this Resistance
- June 24, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
STORJUSD had a very strong rise yesterday, pivoting off the previous 0.62 – 0.64 Resistance level. Despite this heavily bullish short-term trend, the Lower Highs trend-line from its All Time High is now coming to play again and in fact rejected so far the price on its High yesterday. This is the second Lower
-
BITCOIN The Resistance that every Cycle broke to start the rally
- June 24, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Following the ‘back to basics’ analysis on Bitcoin (BTCUSD) and the reminder that the Parabolic Growth Channel is still dictating its long-term cyclical trend, I thought it would be useful to extend it a bit with new parameters. ** The Parabolic Rally and Bear Cycle Resistance elements ** As you see, I’ve incorporated new
-
PALLADIUM Buy signal to the 1D MA50.
- June 23, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Palladium (XPDUSD) has been trading within a Falling Wedge pattern since late March and below the 1D MA50 (blue trend-line) since April 21. With the 1D Death Cross having been formed (when the 1D MA50 crosses below the 1D MA200), the market seems to be pricing a bottom, rather than preparing for a deeper