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I believe it's possible for us to see a trend reversal soon, but I cannot yet tell, what I can tell is that we are likely to see a small bounce off of this level. We have some strong support right below it, which I believe we will be hitting soon before bouncing from. What we could see right after is big green candles with big volumes, which would be one of the...

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Hey everyone, As you can see on the chart, we got rejected at the 50% level, which is one of the most important levels in any trend, and if this current pullback is bigger than the biggest pullback we have had, that could be a sign of a trend reversal. Right before the rejection, we saw signs of a weak rally, as we pulled back, went back up, but right after we...

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Fundemental Analysis The stock markets on Monday saw a rally after the news about the reduction in the number of deaths from COVID-19 in Europe and the US, but also because we have been recently seeing a stabilization in the number of cases. Investors are waiting for an entry point and any good news will give them the green signal to start buying...

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We have recently seen a massive dip in GBPUSD price, followed by a big increase in price, making GBPUSD very volatile, what I would expect after this big increase in price is a slight pullback to the next important support level . I'd keep an eye out as this is quite the good short in my view, as we clearly have weakening volume and candles, and I would expect...

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Hey everyone, as you can see on the chart, USDJPY is at a decent resistance, accompanied by 50 MA and the Gann fan. To me, this signals that we will soon see it bounce off either from our resistance area or the FIb Level, which I believe is more likely. (Also, just a disclaimer, I will try my best to keep you guys updated as if the uptrend is too hard we might...

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Hey everyone, as you can see on the chart, EURUSD has a pretty big support below it and it is currently on the FIb 0.236 line. We are currently seeing lower volumes as well. To me, this signals that we will soon see it bounce off either from our support or the FIb Level, which is less likely in my view. You can also see that there is a Gann Fan on the chart,...

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We can see multiple elements which leads me to this conclusion, starting off with Fibbonaci, we can clearly see it has been rejected multiple times. We have already gone up by ~1.2% today and it might need some relief. I believe we will see it get rejected at 0.382 Fib Level. We can also see that it has failed the upwards trend-line. I believe it is either going...

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Welcome to my educational series - in this series, I will teach you how to use many indicators and how to become a great and effective trader. I have collected a lot of knowledge and experience over years of trading and I will share it with you during this series. For bitcoin right now in this example, a short wouldn't have been a bad idea if you entered at the...

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EURUSD got rejected at multiple Fibonacci levels, this is a clear indicator of a bearish trend and I believe it will go down to retest the 0 level.

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As we all know, investors are panicking, which is driving SPX and OIL to see insanely low prices. Those panics are not exclusive to the main markets, I believe that crypto will follow soon. Bitcoin remains around 5k, and it might for another couple of days before I believe we will see another major panic sell. We are definitely in a bearish market right now and...

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As we can see on the chart, a continuation pattern is being printed and we might see a small drop in price. As ETH follows BTC usually, I would recommend that you check out this analysis. This should give you a bit more information to why I'm current bearish on crypto.

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As seen on the chart -- I'm not too confident that GBPUSD is a stock to go long on, my sentiment is that it's going to fall down to the second trend line and then bounce between the two for a while.

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This is not a long or short post, but simply an observation. I did not take in to account the fundamentals here As we can see on the chart we recently got a golden cross and a couple other nice bullish signals. The Stoch RSI seems to be indicating that XRP is oversold as well. This drop was due to the coronavirus fears but also the fact that it hit a big...

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This is simply an analysis, not an invitation to go short or long, please do your own research Recently we have seen bitcoin drop a tiny amount after the coronavirus fears - We can see on the chart that it dropped along with SPY. It's not just Bitcoin that has dropped since, altcoins have too. This to me indicates that investors are looking for a safe haven and...

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This fundamental analysis is very speculative, please do your own research before shorting/going long. So as we can see, nothing looks good right now, oil prices are scary, coronavirus still isn't over, and the political situation isn't too great right now with the Turkey conflict in Europe. NY declared a state of emergency, which is obviously where NYSE and Wall...

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As we can see on the chart, there is a clear Elliott wave pattern that has formed, and I think we are nearing an ABC correction for Gold. This is very typical for Elliott Wave, with the biggest growth on the third wave.

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This is simply an analysis, not an invitation to go short or long, please do your own research As you can see besides the technical analysis indicating a possible fall for SPY, we have also many fundamentals which pushes me to say that there is a decent probability we can see SPY go down to support before either going back up to top channel, or completing the...

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I think SPX still has a bit of dumping to do before recovering – hopefully. Coronavirus news hasn't been too great and China continues to have closed factories which will have a massive impact for the US Economy and Global Economy. We can't forget how most of the products we have have had at least 1 part in them that was made in china, and that has massive...