2022 June
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EURUSD High chances of finally turning bullish
- June 22, 2022
- Posted by: Tradingshot Articles
- Category: Forex
No CommentsThe EURUSD pair has been trading within a Channel Down pattern since the February 10 High. The 1D MA100 (green trend-line) turned into Resistance a day later and the price has been trading below it ever since. The 1D MA50 (blue trend-line) broke only marginally recently but still made a Lower High on the
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USDRUB made 7 year lows but getting close to long-term buy level
- June 22, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The USDRUB pair hit this week the lowest levels since June 2015, marking a remarkable turnaround for the Ruble (drop on the pair around -65%) since the March 2022 High at the peak of the Russia – Ukraine invasion. With this massive drop, the pair is getting very close to the Higher Lows trend-line
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NATURAL GAS Strong sell towards at least the 1D MA200
- June 20, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Natural Gas (NG1!) broke below its 1D MA50 (blue trend-line) last week for the first time since February 11 and upon the first re-test as a Resistance, it got rejected. This indicates strong sell bias on the medium-term. The likely target is the zone within the 1D MA200 (orange trend-line) and the 1D MA300
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NZDCHF Bullish above 0.6400 but act quickly if Support breaks
- June 20, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The NZDCHF pair has hit our first macro target as illustrated on the long-term (1W time-frame) analysis posted in May: Now that the Support has been tested, we see (current chart on the 1D time-frame) a bullish reaction as the price is rebounding today. As long as the correlation with the 2017 fractal continue
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SHIBUSDT Falling Wedge forming a Bottom
- June 20, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
*** *** For this particular analysis on SHIBA we are using the SHIBUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Shiba has been trading within a Falling Wedge pattern since the December 24 2021 High. The price has been trading near the pattern’s Lower Lows trend-line
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S&P500 Bullish month ahead towards at least the 1D MA50
- June 20, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
The S&P500 index continues to trade within a long-term Channel Down, providing excellent trade opportunities on its Lower Highs and Lower Lows. Our previous analysis on this symbol was a sell warning as the 1D MA50 (blue trend-line) was resisting: As it turned out, that was the most optimal sell of this phase and
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NZDCAD Buy upon a pull-back, target the 1D MA200
- June 17, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The NZDCAD pair has been trading on a Channel Down within a Bearish Megaphone pattern. Right now the price is testing the 1D MA50 (blue trend-line) as a Resistance and is struggling, trading below it since April 13. Both the 1D RSI and the candle action resembles the sequence at the start of the
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BITCOIN The Ultimate Support Band. 1W MA300 coming into play?
- June 17, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Bitcoin (BTCUSD) is now below its 1W MA200 (orange trend-line) for the first time since the March 2020 COVID crash. As I’ve mentioned numerous times, that has been the trend-line that marked the bottoms on both previous BTC Bear Cycles (all candles closed above). On this analysis, I am extending my previous publications on
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ETHUSD On the lowest 1W RSI ever testing the Growth Curve!
- June 17, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Ethereum (ETHUSD) broke this week (chart on 1W time-frame) below its 1W MA200 (orange trend-line) for the first time since October 2020. The 1W RSI hit the lowest level ever recorded in ETH’s history and by doing so, the price hit its Logarithmic Growth Curve (dashed line). All this paint the picture of a
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DOW JONES Critical Channel bottom test.
- June 16, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
Dow Jones (DJI) has been trading within a Channel Down since its All Time High on January 04 2022. It is the very same Channel on which we based the accurate sell call 10 days ago as the price failed to break above the 1D MA50 (blue trend-line) for more than a week: Right