2022
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DOGEUSD Best time to buy is now but can be a lengthy way up
- May 17, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
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Dogecoin (DOGEUSD) hit last week the 1W MA200 (orange trend-line) for the first time since the December 07 2020 1W candle. This is the trend-line that (excluding the March 2020 COVID crash), marked the bottom during the previous Bear Cycle. This idea illustrates DOGE’s long-term Cycles in order to get a better understanding of
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EURUSD 1D MA50 test possible. Then re-evaluate.
- May 17, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair has been trading within a Channel Down since the end of January 2022. Above its median it has been as sell opportunity while below it has been a buy. Every hit on the Lower Lows trend-line (bottom) of the Channel Down has seen roughly a +3.50% rise but that condition hasn’t
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USDDKK Two spots for a comfortable long-term buy
- May 16, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The USDDKK pair has been trading within a Channel Up for more than 1 year. The recent 1D RSI sequence points to a medium-term top. Long-term buyers can either enter on the 1D MA50 (blue trend-line) on a tight stop loss and if triggered wait for the final buy on the 1D MA200 (orange
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XAUUSD Can scratch 1900 but watch the 1D candle closes
- May 16, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Gold (XAUUSD) has been trading within a Channel Down since its March 08 top due to the ‘fear’ mix of war and inflation. On Thursday it broke below its 1D MA200 (orange trend-line) for the first time since February 07 2022 and Friday saw the price touch the bottom (Lower Lows trend-line) of the
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MANAUSD hit and bounced on the 1W MA150
- May 13, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Decentraland (MANAUSD) is almost on a +70% rise since yesterday’s Low, with the rebound coming on the 1W MA150 (red trend-line), which got hit for the first time in history. The fractal though resembles that of the mid April High both in terms of price action and 1D RSI. That sequence rebounded on the
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GASOLINE Buy the dip for the next 2 months
- May 12, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Gasoline (RB1!) has been supported by the 1D MA50 (blue trend-line) since January 2022 and after the most recent contact with the trend-line (April 07 2022), it has been on a strong rise. This shouldn’t surprise us as the 1D RSI has been printing the same pattern as the March – June 2021 period,
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USDSEK Best levels to buy.
- May 12, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The USDSEK pair has turned parabolic in these past 12 months and is now supported by a diverging Higher Lows trend-line. The ultimate target is the 10.4850 High of the March 2020 COVID pump, but as the 1D RSI is hitting Lower High Resistances, it is best to wait and buy lower upon a
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CADCHF Long-term sell opportunity
- May 11, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The CADCHF pair has been trading within a long-term Channel Up ever since the aftermath of the 2020 COVID market crash. It is currently approaching the Higher Highs (top) trend-line of this Channel and has started to turn into a sell opportunity long-term in our book. At the same time, the RSI on the
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EGLDUSD Critical Lower High test
- May 10, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Elrond (EGLDUSD) is having a strong 1D green candle currently but it remains under the selling pressure of a Lower Highs trend-line since the March 28 High. That price action in fact resembles the selling pattern of December 2021 – early January 2022. The price continuously failed to break above the Lower Highs and
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ENERGIZER Bullish short-term but then watch these levels
- May 9, 2022
- Posted by: Tradingshot Articles
- Category: Stocks
Energizer Holdings (ENR) are one of the pleasant surprises of the day, having jumped more than +10% from their Friday closing. This 1D chart shows the Channel Down the stock has been trading in since May 2021, basically a full year, which broke marginally with the March 10 low, and this is the reason