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Trendanalysisexplained

AAPL: Nice correction! When will AAPL be a buy again?Hello traders and investors! AAPL is correcting nicely as we expected since our last analysis, so we have a few points to update! The link to my last analysis on AAPL is below this post. First, in the 1h chart, AAPL lost the green line we mentioned, which was the first trigger of a correction. What’s more, it did a bearish structure, a bearish pivot point, when it lost the $ 175.53 (red line). What’s more, it lost the 21 ema, it is trading below it and the ema is pointing down. Maybe the $ 172 area will hold the price, but it is too soon to say this. Now the question is, for how long it’ll drop. In the daily chart, AAPL did a classic Spinning Top candlestick pattern, a bearish reversal pattern, and the low volume just increased the chances of being triggered. The Spinning Top’s low ($ 176.70) was almost at the $ 176.82, the green line we mentioned in our last analysis. By losing both points, AAPL reinforces our correction thesis in the daily chart too. The trend is still bullish in the mid-term, and a pullback to the $ 168 is expected. Any bullish reaction near this support level would be an opportunity to buy. So far, we see no bullish reaction, and that’s ok. As we already mentioned, AAPL has been going up a lot recently, and it feels like a pullback was necessary. I’ll keep you guys updated, so remember to follow me to not miss any of my future analyses!
NASDAQ:AAPL
by Nathan_The_Finance_Hydra
9
SPX: Is it a good buy now? Trend analysis.Hello traders and investors! Despite the drop, the index is doing exactly as the technique said it would, and we talked about this yesterday (link to my last analysis below). Is this a good buy now that it is dropping? Let's see what the technique has to say. In the 1h chart, it lost the 21 ema, and it quickly filled our gap (blue square), making it an Exhaustion Gap and it is seeking the next target at 4,500. The trend is not bullish in the short-term anymore, and it still has more room to correct. We lack bullish structures that could turn it bullish again, and we have nothing but bearish signs over here. Let’s see the daily chart: In the mid-term the trend is still bullish. The bearish sentiment in the short-term is creating a pullback in the daily chart, which is not ruining the main trend. All the bearish signals it gave us in the 1h chart just created the first pullback since Mar 15, and to me, the index needed this correction. It went up too much, too fast. It would be acceptable to see the index back to its 21 ema, and the trend would still be bullish. In fact, any bullish reaction at this support level would be an opportunity to buy. For now, I see no opportunities to buy, but we could see one soon. For now, let’s wait for it to get back to the 21 ema, then we’ll see how to proceed. Either way, I do daily analysis on the index, so just remember to follow me to keep in touch with my future analyses!
SP:SPX
by Nathan_The_Finance_Hydra
5
SQ: Trend Analysis and Key Points to watch!Hello traders and investors! Let’s see how SQ is doing today! Despite the drop in the past two days, SQ just reversed its bear trend and now it is in a bull trend. We see higher highs/lows, it is trading above the 21 ema, and the volume is increasing, just after it hit the support at $ 87 (keep this price in mind). It is the first time we see SQ doing these movements since mid-2021. It broke the previous resistance at $ 130, and this price level is supposed to work as a support for us next. In addition to the $ 130, we have the ascending 21 ema, which is another technical support. SQ could drop to these supports, and this wouldn’t invalidate the bullish bias seen in the daily chart. In order to reverse and become bearish again, we must see a clear reversal structure, and so far, there’s none. In my view, it is normal to see SQ struggling right now, because we just hit a key point in the weekly chart: As usual, the 21 ema is working as a resistance here, and SQ is having a hard time breaking it. However, we have some good news. Remember the $ 87? This price level is one of the most important for SQ, if not the most. It worked as a nice support level in February, because exactly 2 years ago (Feb 2020) this was the pre-Covid top. SQ lost 2 years of growth, along with the "tech enthusiasm" during the pandemic. However, I like how the market reacted at this price, and the volume tells us everything, as it had one of the highest spikes ever seen. To me, SQ looks interesting, and the bullish bias is intact, as we don’t see bearish structures. Either way, we must pay attention to the support/resistances mentioned in this analysis. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my analyses!
NYSE:SQ
by Nathan_The_Finance_Hydra
1
GBP/JPY: Correction toward the Daily zoneGreat Britain Pound/Yen Japanese has the same trades in ths deep correction to find down pips. So guys, we see another good opportunity to short GBP. So, from H4, I see that this it's a bear signal and I believe that we could to put a sell order limit above of the market price. I put my sell order limit in the reaction point that forming a resistance and obviously the downside market structure. My sell order limit will be $160.40 JPY and SL to $161.01 JPY (60 pips) and also, I have 2 targets to note. The first target will be $159.04 JPY and this could be around like 86 pips. And also, my 2nd target will be $158.10 JPY and around like 230 pips approximately. But based in Daily timeframe, I see this bearish perspective that Sterling Pound could to find down to key support zone in Daily timeframe to watch-out. I hope that this analysis support you very well!!!
Short
by harisonhbn9718
2
EUR/CAD: Bullish Crab Harmonic PatternEuro/Canadian Dollar forming a bullish crab harmonic pattern. So, in this 2nd analysis on Euro/Canadian Dollar showing up a bullish harmonic pattern that we could to find up good opportunities to entries to long position. Maybe guys, this it's the H4 timeframe and the chart clean how the market structure look. To discuss, Euro break out this bearish trend line and right now, we see a new lower high, also, as I saw, we could to find up good entries to long position in this trade. And making this deep analysis, in Daily, we see that Euro can to find up a higher point in the 0.618% as we see now. So guys, Euro it's look optimistic in front of Canadian Dollar based the global news of negotiations peace and Euro pars it's find up strengthen in that news. This it's my 2nd analysis on Euro/Canadian Dollar. For reference, goes to my previously and first analsyis on EUR/CAD in the link to related idea and click on.
Long
by harisonhbn9718
ADA/USD: Fibonacci entry 0.382%In the morning in my Ethereum trade, I send a message in the commentbox that I want to add a long position in Cardano. So, I want to show you what happen in this technical analysis. As I share my weekly and monthly analsyis, it's considered a bullish momentum. Right now, in H4 Cardano make support above of the 0.382% of Fibonacci level without using resistance or support. Also, I want to share my Daily analysis here as I have some information in that. As we forming a bullish rising wedge. This it's a bullish pattern, but now, I want to still pending in the EMA 200 to know what will be the reaction. If Cardano break up the EMA 200 around of $1.26 USD. This it's a clear signal that bull return to the trend. In otherwise, if doesn't break up the EMA 200. This could to work like resistance. So guys, from H4 timeframe it's bullish. I'm bullish in Cardano. Now, As I entry in the early around $1.126 USD. And I put my SL to $1.05 USD and also, I PUT my target to $1.26 USD So guys, this trade has a risk/benefit 1:2. Good luck!!!!
BINANCE:ADAUSDLong
by harisonhbn9718
1
ETH/USD: My 2nd trade add in EthereumEthereum it's look bullish using the same strategy like Cardano. So, Etherum confirm entries around 0.382% Fibonacci level. So guys, I see that Ethereum find up nice trade to long position. So, I add my 2nd long position now in H4. My both position has SL to $3,050 and target to $3,350 USD. The difference was in my entries price as my 1st long posiiton I entry aorund of $3,126 USD and right now my 2nd long position was around $3,142 USD. Also to share this Daily analysis, as we forming this bullish rising wedge. Ethereum has the expectative that bull market it's return now. Good luck in this position!!!
COINBASE:ETHUSDLong
by harisonhbn9718
EUR/GBP: demand zone in H4 timeframeEuro/Great Britain Pound it's moving to the demand zone in Daily timeframe. This it's the Daily analysis what I see in EUR/GBP Now, as Euro ending the previously candlestick, closed up with a hammer bullish pattern in this price action showig indication that there're interested to bought. But remember, as we forming this bearish channel flag. This zone of demand could be manipulated to make believe that we would going to short Euro. And also to note what I don;t see it's that in the past Euro forming a bullish divergence, but also, as we're not in the trending and we're in that consolidation way It;s very important how Euro will moving for tomorrow by fundamental news and economical news in those counties European Union and UK.
Long
by harisonhbn9718
4
ADA/USD: Weekly timeframe analsyisThis it's very interesting what I see. Cardano it's find up a strong support around $0.98 cents in weekly timeframe. Also guys, I update this background to blue white just for cryptocurrencies and stock market like my template for this market. So guys, Cardano it's in this bearish channel that maybe could to break up. So, tomorrow we have a clue to know the weekly timeframe on how this weekly candlestick will closed up. So guys, I love to trade cryptocurrencies and stock market by H4, H8, Daily and weekly timeframes. I'm more Day Trader and Swing Trader for this market. I hope that this idea support you so much!!!
BINANCE:ADAUSDLong
by harisonhbn9718
ETH/USD: Bullish trend continuationI identify that Ethereum break up the santa EMAS and their price it's above of it. So, Ethereum it's bullish from H4 timeframe. You can to put a buy order limit to $3,072 USD and your SL to $2,950 USD. And you target you can put your target to $3,350 USD. If you make that, you can to get a risk/benefit 1:2. And that it's a good proportion to trade Ethereum very well. Meanwhile, in Daily timeframe we formed a symmetric triangle of accumulation pattern. So, Ethereum it's look bullish from hourly timeframe. So guys, I will trade cryptocurrencies from H4, H8, Daily and weekly timeframe as I like to trade like Day trader and swing trader. And also, in the future, I thinking to combine cryptocurrencies with stock market. Applying the same concept, cryptocurrencies and stock market are similar market.
COINBASE:ETHUSDLong
by harisonhbn9718
3
CAD/CHF: UpdateCanadian Dollar weak today as in H4, i show you the good moment to sell just if you follow my message that I send in the past analysis CAD/CHF in the comment box. So guys, I'm in short in that exactly moment when this red candlestick ending around 8:00 a.m. U.S. Eastern Time I put a sell order limit at $0.7122 CHF in the early and was activate my short posiiton around of 10 a.m. But I'm in short early at that price $0.7422 CHF and at the moment, I'm in profit. I closed up this short position because in H4 it's speak us the price action that we shouldneed to sell as we're in the key resistance zone by Daily timeframe and important zone of manipulation. Also for my reference, I learned that when we're in that resistance zone and key resistance, we would need to be patience and hope when we look any break out of that strucutre to change our perspective, by the contrary, it's short. I learn very well today it. But in H4 timeframe speaking me this sell.
Short
by harisonhbn9718
USD/CAD; risk-sentiment what FED chair comment todayU.S. Dollar has bad news today as today the Federal Reserve Chair Jerome Powell comment that He's expect that U.S. equities market not just help boost as there're risk sentiment in the interest rate. As the past week, the U.S. interest rates was 25 basic points and dollar climb, but that will be transitory in the movement. But there're some chances that Jerome Powell going to increase the interest rate to 50 basic points in the next upcoming U.S. monetary policy that will be on May and June in this year. And then, this will be bad news in shortly time. So guys, right now, that trend will becoming worse in the U.S. economy as inflation continue climb as maybe FED can't to combat a higher inflation that could to climb in the following months. So, technically, we see that U.S. Dollar it's weak in this chart. So, I have this overview what I look in U.S. Dollar/Canadian Dollar that can to hit down to $1.2470 CAD. And now, analyzing this timeframe, I put a sell order limit at $1.2582 CAD and SL to $1.2628 CAD and target to $1.2470 CAD So guys, if you like my analysis and do you like my own content, please follow me and share this perspective what I thinking about the economy, U.S. Dollar and how I'm a critic person that find up solution.
Short
by harisonhbn9718
ETH/USD: Bull rally 2022Etheeum forming this accumulation zone in the past days and this was a good news because we break up this price action to the bull reversal. We're leading to the next bull rally. So guys, from that previoulsy candlestick, we forming htis bullish signal that Ethereum it's ready to take over to hit their historical price maximum almost $4,900 USD. And we're ready to use it to apply now!!! Invest widely in cryptocurrencies. If you like trading in cryptocurrencies. I suggest to prove day trader and swing trader in cryptocurrencies to hold posiiton toward long term. They're good strategy to find up profitable in the time.
COINBASE:ETHUSDLong
by harisonhbn9718
Confirming Trends with the Lower Time Frames NZD/USD ExampleHey Guys! As you guys know, for the past 2 weeks I've been taking multiple trades on the Nzd/usd, both short and long. First I was taking short trades with the daily short bias, then long trades along with the bias change into long on the daily chart. In this video, I explain how I knew the daily bias has changed into long thus aborted my initial short entry and began entering long trades. These lower confirmation tactics play a huge role in my trading, and even if you don't trade with price action, it can be a great addition to your current strategy. I hope it helps! Have a great day guys! Ken
Education
by TradingForexPriceAction
1
ETH/USD: Waiting for pull backEthereum it's another interesting position that I see. Maybe, we could to find up entries around 0.382% or 0.618% fibonacci key level. But to watch and hope for this long position. Also, I put an alarm on $2,900 USD to being informed if Ethereum cross this price and still pending if we forming any bullish candlestick formation in many hours more. So guys, there're not any long position for now!!! We hope a pull back around $2,900 USD, and also in the 0.618% around $2,855 USD to entry in long in Ethereum with price action analysis and confirmed We wait for next opportunity And tomorrow, I will start analyzing Forex, my favorite global market that don't sleep 24 hours/7 days on the week to know the global economical trend in our financial world.
COINBASE:ETHUSDLong
by harisonhbn9718
3
EUR/AUD: Update short posiitonIn this update, as in this morning I entry to shorting Euro/Australian Dollar. Around of $1.5196 AUD, was my sell entry price and I said, Euro it's crashing in front of Australian Dollar. Because Aussie it's strong than Euro in based the recently news and Australia economy it's more optimistic than European economy in based that circumstance of diplomatic negotiations to put end of this war. In H4 to recall, we forming a nice bearish Harmonic Pattern Crab, but you can to see more better in H1 timeframe. But in this timeframe the key support it's in that yelos zone around $1.4950 AUD and this it's psychological level where supply it's leading down this par. But as yesterday, it's supposed a pull back around of $1.5210 AUD, this it's a clearly manipulated to make liquidations as I knew it from higher at $1.5196 AUD that was my price entry, I entry to shorting this par. So guys, we down our SL to $1.5211, so our risk it's hand to 17 pips from the price entry to loss. But we minimize and cut our loss. But at least, we're in profit over 90 pips earned for now. If you follow my Forex signal and analysis, you're in profit an specially in this par Euro/Australian Dollar. So, I holding this posiiton and continue shorting in EUR/AUD toward $1.4947 AUD. My next target and big potentail to earn almost 250 pips, but for now we going earning 90 pips. Good luck!!!
Short
by harisonhbn9718
ETH/USD: Symetric triangle in formationEthereum has the similar pattern what Bitcoin do. But maybe, I would like to entry in the break out around $2,880 USD approx. So, This it's the chartist pattern that Ethereum forming. So I will hope to the next opportunity. But I would like to analyze the weekly timeframe to know the Ethereum situation soon. And also, I would like to analyze another cryptocurrencies from Daily or above to know my perspective in the market. But in general term, I see that Ethereum it's in the possible accumulatio zone in formation
COINBASE:ETHUSDLong
by harisonhbn9718
BTC/USD: Ascending triangle developingBitcoin forming a possible accumulation zone that could to be the begin of this bullish trend. Also, in 3 Daily chart, Bitcoin support clearly the EMA 200 like support above $38,100 USD. So guys, if you like to trade Bitcoin, you can to view more the Daily chart always, it's very key to analyze it to invest by long term in Bitcoin and know their future very well. Now, I would like to change a little my trading strategy and trade a lot from Daily chart always or more and following the macrotrend for this kind of asset. Also, I have a plan to take course of stock market and apply it to invest soon investing and trading above and always Daily chart So guys, fundamentally. Bitcoin it's in this clearly bullish accumulation and we could to forming a possible ascending traingle of accumulation. But in another analysis, I want to analyze the weekly timeframe to know my perspective in it. So, I will start to be bullish in Bitcoin
COINBASE:BTCUSDLong
by harisonhbn9718
GBP/AUD: Bullish Butterfly patternGreat Britain Pound forming a bullish butterfly pattern with all measure that I use personally my Fibonacci for Harmonics. So, as EMA 21 and 50 cross right now, this it's signal of bullish reversal. Now, in H4 timeframe I share this analysis with RSI. because RSI forming a lower high and price action it's in the demand zone that if you see in H1 timeframe, Pound can to climb up. And finally, I share my Daily perspective that could to happen. But Pound could to go back to $1.8120 AUD (Australian Dollar). Also, for tomorrow it's very important to check our economic calendar and much more about news about UK and Australia news that affect their economies. But now, in H1 I will being to be cautelous to find up key level that maybe Pound could to make a stop in the trend. Because if we look the -0.618% of Fibonacci, it's an important resistance zone that Pound could to hit $1.8006 AUD exactly in that price and this can be a benefit of 78 pips. But in case that Pound continue strenghten, we could to get over 250 pips in this single trade at the target of $1.8125 AUD. But being cautelous in that key zone of H4 timeframe becuase Pound could to hit until $1.8036 AUD approx. and then can to make a drop to continue in this bearish movement. And also, take note in both timeframe: H1, H4 and Daily timeframe to monitoring this trade to have good decision in this trade.
Long
by harisonhbn9718
4