2022 July
-
BITCOIN Bear Market ending this summer. Charting the next Bull.
- July 9, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
No CommentsThis is an analysis of Bitcoin (BTCUSD) on the 1M (monthly) time-frame where its long-term (historic) Cycles are best viewed. This is a combination of some previous studies of mine with adding the element of Cycle Channels instead of the Parabolic Growth Curve. ** The LMACD ** As you see those also effectively depict
-
DOW JONES attempting a 1D MA50 break-out
- July 8, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
Dow Jones (DJI) reversed last week’s pull-back and is on a nearly perfect repeat of the last rebound to the top of the long-term Channel Down in an attempt to price a new Lower High. As most recently mentioned 3 weeks ago on our idea below, the Channel had already formed its short-term bottom:
-
S&P500 about to test the 1D MA50 for 1st time since April
- July 8, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
The S&P500 index (SPX) has completed three straight green 1D candles and is approaching the 1D MA50 (blue trend-line) for a test that would be its first since April 21. This idea is basically a continuation of out analysis posted two weeks ago, exactly at the bottom (Lower Low) of the Channel Down: With
-
XAUUSD Flash crash to 1680 still possible.
- July 8, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Gold (XAAUSD) broke this week below the 30.000 1D RSI for the first time since August 2021. It was only a week ago when we warned of this potential collapse based on the following 1M (monthly) structure: Now on this 1D time-frame analysis, we see that following the 1D Death Cross (when the 1D
-
EURUSD Approaching parity for 1st time since 2002 ahead of NFP!
- July 8, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair is on the 6th straight red 1D candle as it is headed towards the 1.000 level (parity) for the first time since December 2002! This may have come as a big surprise to many market participants but it was a realistic scenario based on the pair’s multi-year Cycles that I pointed
-
EURJPY Sell opportunity medium-term
- July 7, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURJPY pair has been on a long-term bullish trend since the May 2020 bottom, best illustrated with the help of the Fibonacci Channel on this 1D time-frame. The price broke yesterday below the 1D MA50 (blue trend-line) for the first time since May 25, ringing the first bearish bell. The second could come
-
NZDUSD Time to turn bullish again.
- July 7, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The NZDUSD pair hit our target of the last analysis we published following the +5.20% pattern: That High was in fact formed and rejected on the 1D MA50 (blue trend-line), which has been unbroken since April 14. Technically, the price still trades within the long-term Bearish Megaphone pattern, so highs are best viewed as
-
XAUUSD could be on the brink of collapse.
- July 1, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
This is a chart that no-one in the Gold (XAUUSD) market (or as a matter of fact in the metals market) wants to see fulfilled as the 1M (monthly) time-frame presents a devastating scenario for the next 1 year at least. As you see this is based on a fractal taken from Gold’s previous