2022 November
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AUDCAD Rebounding with the 1D MA50 being the key to a break-out.
- November 8, 2022
- Posted by: Tradingshot Articles
- Category: Forex
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The AUDCAD pair has on a 2 day rebound after the pull-back on the 1D MA50 (blue trend-line) rejection on October 27. This couldn’t have validated better our previous analysis on September 20: As you see, the 1 year Lower Lows Zone is holding and as long as it does, the price should push
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EURCAD Neutral for now. Resistance and Support for the long-term
- November 8, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURCAD pair couldn’t have traded better our September 19 set-up as the price broke above the 1 year Channel Down and broke above the 1D MA200 (orange trend-line) for the first time since Feb 07 2022, but got rejected on the 1.37150 Resistance: This Resistance rejection pattern has taken place another two times
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GOOGLE A very bullish 2023 and this chart shows why.
- November 7, 2022
- Posted by: Tradingshot Articles
- Category: Stocks
Alphabet Inc. (GOOG) broke two weeks ago below its 1W MA200 (orange trend-line) for the first time since the March 2020 COVID crash. The next Support level is the 1W MA300 (red trend-line). Since its IPO, the stock has had very symmetric Cycles which with the help of the Sine Waves can show tops
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CHFJPY Undecided around the 1D MA50.
- November 7, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The CHFJPY pair has been trading on one of the most consistent patterns of the last 12 months as we accurately outlined on our last analysis in mid September: Once again the signal played out as it pulled-back as low as the 0.5 Fibonacci retracement level and then the price has been trading sideways
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AUDJPY The Lower Highs the key to our trades.
- November 7, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The AUDJPY pair is currently trading on its 1D MA50 (blue trend-line), being the pivot since the price turned sideways during Summer. The long-term trend remains bullish however within a 1 year Channel Up (better viewed with the Fibonacci levels as you see) with the 1D MA200 (orange trend-line) supporting. Recently it has formed
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XAUUSD Close to a major bullish break-out!
- November 7, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Gold (XAUUSD) closed on Friday above the 1D MA50 (blue trend-line) for the first time since August 12 that was practically the time that the stock market made its previous High. At the same time, Gold broke and closed above both the former Channel Down and Triangle patterns that we discussed where bullish break-out
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BITCOIN Is LTC a leading indicator to BTC’s Bull Cycle??
- November 4, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This is a chart on the 1W time-frame of Bitcoin (BTCUSD) and Litecoin (LTCUSD). This is not the first time we do this analysis, those who follow for long will know that during the previous BTC Cycle, right when it was consolidating after the December 2018 bottom, we used LTC’s price action to identify
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EURUSD Confirmed Buy Signal. Bottom of Channel Up.
- November 4, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair made yesterday a perfect Higher Low on the bottom of the Channel Up pattern that started on the September 28 2022 Low. The 4H RSI made an instant bounce after breaking below the 30.000 oversold territory but the biggest Buy Confirmation comes from the 4H MACD. As you see it is
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S&P500 The inflation crisis is just a minor cyclical event!
- November 2, 2022
- Posted by: Tradingshot Articles
- Category: Stock Indices
This is a complete roadmap of the S&P500 index (SPX) on the 1M time-frame, where we have taxonomized its historical trend on Super Cycles and Minor Cycles. As you see, since the Great Depression, we can categorize a whole era (approximately 42 years) as a Super Cycle. Super Cycles tend to end with a