Get started

Weeklyoutlook

SPX500: Weekly OVERVIEW! Awesome chance to sell?#CyclesHey tradomaniacs, welcome to another weekly outlook of SPX500! This is an addition to my previous outlook: The chart is speaking for itself... Enjoy and have a nice start into the week! ----------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
SP:SPXShort
by Trading2ez
EUR/USD: Weekly overview! Timelines and technical details!#SellHey tradomaniacs, welcome to a weekly overview of Euro / US Dollar. It`s been very boring during the past weeks and the market had to choose a path fighting inside a range of the wedge. Neither EURO or USD had the final say yet but it looks like the EURO is going to loose this fight since we`ve seen another attempt to break out of the range and stopped at the previous support which could be an evidence of an S&R-Flip. The previous two weeks do look like a desperate "try hard" of the bulls to push the euro towards north but did not even make it to the strong tested resistance at 1.14525. The defense of team bulls at yard 1.13 was very strong but at the end not good enough to prevent team bears to shot the next goal. The big picture shows an S/H/S-Pattern which should be a strong evidence for another sell-off after this breakout towards parity down to a possible price of 1.06. Timelines: The timelines are pretty accurate and harmonic and do indicate time for a downtrend. Comparing the divergences of them do show us a common happening. During a trend we`ve seen at least 2 waves with a "settlement" with Wave A which indicates the time of the primary trend. The right shoulder shows a settlement of Wave B, Alpha and Beta and indicates a correction of Wave A. Amplitude and lenght are pretty accurate. After that correction we`ve see a harmonic agreement of Wave A, B and alpha. The next attempt to correct indicated by the Alpha-Wave did not get its support of Wave B anymore and wasn`t able to break out of the wedge. This divergence often confirms the weakness of the opposite direction of the Wave A + Wave B combination. Right now we will head into an another "agreement" of all waves. Overall we see a very bearish chart and can expect a new sell-off to start soon in ordewr to complete the S/H/S-Pattern. -------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
SPX500: Weekly outlook! Evidences for an UPTREND and RECOVERY!HEy tradomaniacs, quick an overview and preparation for the nextweek! DAMN.. if we can hold this support we should MOON and recover quickly! Just have a look and check my previous analysis. This is just an update of --------------------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:SPX500USD
by Trading2ez
DAX: Weekly outlook and detailed analysis!#CHANES and ENTRYS.HEy tradomaniacs, welcome to a little weekly outlook! Overall we`ve seen a very nice correction back above 11.100 which is a decent retracement after this holy moly huge sell-off we`ve seen after the S/H/S and Diamond-Pattern got triggered though we have not even finished this superir trend-changing pattern yet. So what can we expect? There is a lot of fundamental things going on, such as the tradewar, brexit and so on. How ever, we want to focus on the technicals aspects and talk about important price-levels and possibilities. Technical Aspects: ----------------------------------------------------------------------------------------------------------------------------------------- Price-Action: Since we`ve seen the Breakout of the S/H/S or Diamond-Pattern, Team bear seemed to be unstoppable and sold the diva down to capitulation to a significant Support-Area between 10.261 and 10.859. After the violatin of the important Resistance @ 11.000 and 11.100 and the confirmed S&R-Flip, we were not able to do anything and just consolidated in between the red Resistance-Zone and the current major support. It looks like the market is waiting for a clear impulse in to a direction, thus the next impulse should be crucial for the next upcoming moves. Either we continue the downtrend with a lower high by a break through 11.100, indicated by the red diagonal resitance of the shorter timeframe, or we violate the current resistance and probably retest at least 11.416, which is the next subservient resistance marked up in red. The last "Endboss" to liquidate the bears of this downtrend would be @ 11.500 - 11.700. A violation of this resistance could completly destroy dow current downtrend. RSI: ----------------------------------------------------------------------------------------------------------------------------------------- The RSI indicated a completly oversold market. This might be one reason for this retracement but also could be interpreted as "Shit, I will never get the DIVA as cheap as now again." and a new impulse upwards in the longer time frame. For now we are back and are knocking at the door of Mr. Overbought to enter "Profit-Safe-Zone". MAC-D: ----------------------------------------------------------------------------------------------------------------------------------------- After the divergence the market reacted as expected. We are above teh triggerline but could create a Sell-Signal very soon, since both MA/s tend to cross again. This would probably force the Bulls of this impulse to safe their profit. Moving Average: ----------------------------------------------------------------------------------------------------------------------------------------- The yellow moving average represents a period of the important 100 days. As you can see, we are currently close below and could bergin to test it, after we`ve seen a breakout! The blue moving average represents a period of 50 days, AS you cann see we already respected that MA as a new support and could bounce of it over and over again. Fibonacci: ----------------------------------------------------------------------------------------------------------------------------------------- The yellow Fibo-Bar represents the retracement of the very big timeframe and shows a stop of the sell-off close @the 61,8% retracement. This is a very good sign and represents a valid UPTREND in the big picture, according to the elliot-wave-theory. Please check my other charts to see more in the weekly chart! The green Fib-Bar measures the current retracement of the sell-off. We made it above the 23,6% retracement, which is exactly between the current Support-Zone @ 11.052. A further retracement up to 38,2 is very likely if we break through the current "Sell-Pressure-Zone". The sell-off ended btw. @ the 161% extension of the impulse downwards! Steepness: ----------------------------------------------------------------------------------------------------------------------------------------- The steepness is decreasing and represents weakness of the down-trend. How ever, it looks like we currently stuck in a very tight range and should wait for the next impulse to come! If we fall, then we`d see a classic trend-continuation. ----------------------------------------------------------------------------------------------------------------------------------------- Conclusion and nice prices to trade: Sell below 11.050 or below the 50 MA @ 10.971! Buy @ 11.289 or above 11.300! ----------------------------------------------------------------------------------------------------------------------------------------- AND as always: Don`t just randomly trade. Wait for your triggers, confirmations.. and.. yeah I guess you know what I mean. I wish you a great start into the next trading-week! ----------------------------------------------------------------------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
XETR:DAX
by Trading2ez
4
XAUUSD Weekly Outlook1. Bearish Impulse (1) 2. Strong correction couldn't break above 1238.00 (2) 3. Many ABC Corrections because of Fundamental Global Economic was unstable including EU & Brexit agreement therefore drove market sentiment to invest on Safe Haven where traders expected Gold would jump to 1250.00 area but there we have limited upside on Gold as said on point no.2 4. Downtrend candle confirmed as the price rejected from EMA 21 & EMA 34 Area which equivalent to weekly fibo 50.00 retracement (1241.77) 5. Sell on Rally would be nice position for this week as the price is testing 1200 - 1190 area. 6. Scenario 2 = If the price Break above 1216 and stay upside, the target for next Resistance at 1226 and Bullish bias is confirmed.
FX_IDC:XAUUSD
by andrewlimanto77
XAU/USD Daily- Refer to weekly firstRefer to my weekly analysis first. If I look at this last move as a 3 wave (which is what I would expect with the larger swing pattern).. It came off equal length at the 50% fib retrace. That box would be where I would be looking. They may not drop it down more considering people watching the trend line. It will come down to whether or not the dollar is done and is pulling back. We don't have confirmation on this stuff yet but I can see happening, or about to happen.
FX_IDC:XAUUSDLong
by thillygoosth
1
DXY - Weekly Chart AnalysisPrice Action: Bullish Pattern: Break and retest of trend resistance Long-Term Momentum: Bullish Short-Term Momentum: Bullish Bias: Long Action: Enter all U.S. pairs after a break and retest of WR (95.16) level. Comments: Price is currently testing the 130 EMA on the weekly chart. This EMA is often the last area of S/R when momentum is shifting. The last candle in the chart also indicates the price will continue to move in a bullish manner bc of the strong bounce off trend resistance
TVC:DXYLong
by tradingwithyg