2022
-
USDCNY Bearish below the 1D MA50
- November 24, 2022
- Posted by: Tradingshot Articles
- Category: Forex
No Comments
A month ago we called the top on the USDCNY: With the price breaking below Fibonacci 4.0, the pair has basically called for an extension of November’s downtrend. This will be confirmed if the price fails to close the week above the 1D MA50 (blue trend-line). As you see, on a sample dating back
-
NATURAL GAS Critical test for bullish or bearish December
- November 24, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Natural Gas (NG1!) hit yesterday the Lower Highs trend-line of the August 22 top and today we see the first signs of a rejection. Until this breaks decisively, we can expect NG to pull-back to the 0.382 and 0.236 Fibonacci levels. Based on the 1W RSI though, which is on a Falling Wedge since
-
BERKSHIRE HATHAWAY repeating the post COVID recovery!
- November 23, 2022
- Posted by: Tradingshot Articles
- Category: Stocks
Berkshire Hathaway Inc. (BRK.A) made a new ~5 month High yesterday, spearheading the bullish reversal of high cap stocks at the moment. The price is above the 1D MA200 (orange trend-line) and well above the 1D MA100 (green trend-line) and 1D MA50 (blue trend-line), the latter two are about to make a Bullish Cross.
-
VISA About to start a historic Bull Cycle similar to post 2009
- November 23, 2022
- Posted by: Tradingshot Articles
- Category: Stocks
This is Visa Inc. (V) on the 1W time-frame. The primary pattern since the July 26 2021 All Time High (ATH) has been a Channel Down with the price hitting yesterday the top of the pattern for the first time since August 15. The August 15 candle rejection was also made (after multiple attempts)
-
BITCOIN Huge volume signaling the end of the Bear Market?
- November 22, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
Two weeks ago, we saw the strongest weekly volume in more than a year, fueled by the collapse of FTX. This is a good opportunity to historically examine the effect of such huge volume spikes on Bitcoin (BTCUSD). On this 1W chart, we see that such volume spikes tend to be associated with trend
-
XAUUSD Short-term weakness. Buy lower or if this level breaks.
- November 21, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Gold (XAUUSD) broke below its 4H MA50 (red trend-line) on Friday for the first time since November 04, which was when the strong rally started on the Triple Bottom. Having failed to reach the 1D MA200 (orange trend-line), which is the long-term Resistance and difference maker between a long-term bullish and long-term bearish trend,
-
BITCOIN The Fib-Dollar Cheat sheet says the bottom is formed
- November 20, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
This analysis is centered around Bitcoin’s (BTCUSD) Halvings and their important to the market due to the supply shock they fundamentally deal and have done so historically and the U.S. Dollar Index (DXY being the green trend-line). On this 1W time-frame, we’ve applied time and horizontal Fibonacci levels on each Halving Cycle, from start
-
OKX Token is a better buy than BNB, KCS and CRO !
- November 18, 2022
- Posted by: Tradingshot Articles
- Category: Cryptocurrency
We’ve been seeing a lot of pain in the market lately, which is of course fueled by the FTX bankruptcy and the aftermath it is having on the crypto world. The native tokens of exchanges in particular have taken big hits. We wanted to take this opportunity to compare the tokens of 4 major
-
XAUUSD Approaching the 1W MA100. Bullish above, bearish below.
- November 18, 2022
- Posted by: Tradingshot Articles
- Category: Commodities
Gold (XAUUSD) is approaching the most critical level of its long-term trend. That is the 1W MA100 (green trend-line), which is currently at 1802.69 and tends to be the deciding factor between Gold’s Bull and Bear Cycles. This sample on the 1W time-frame starts from late 2009 and it shows that when Gold is
-
EURUSD Near the 1W MA50. Huge rally if broken.
- November 17, 2022
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair is approaching the 1W MA50 (blue trend-line), which has been unbroken since the week of June 14 2021. This is a simple analysis on the 1W time-frame, showing the price action of the pair since 2006. As you see the pair’s major long-term rallies have started after it broke above the