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As seen on the chart, the price was rejected emphatically on the Higher High of the 1D Channel Up (RSI = 53.179, MACD = 1.090). As a consequence (with the 4H Rising Wedge also broken) the Channel Up will now look for a Higher Low (Highs/Lows = -0.3729) and the potential buy zones are: 69.01 - 69.50 and 67.80 - 68.20. We will enter equal long positions on both...

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As expected, Gold found enough support on the First support from the previous 1W Higher Low (extended trendline from December's 1,236 Low). Consequently it rebounded within the 1D Channel Down (RSI = 46.217, MACD = -7.890, ROC = -0.724) and according to the resisting trendline, it has made the expected Lower High near 1,306. This is for us a unique short...

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The price is on a crystal clear 4H Channel Down which is now pricing a Lower High (RSI = 45.400, Highs/Lows = 0, B/BP = -0.0080). Based on the Fibonacci retracement levels of the previous Channel Down, XLM should make a Lower Low on this Channel near 0.21539646 (which is our TP). After that it should rebound to the 0.50 Fibonacci (0.29077738), before possibly a...

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LTC is approaching a bottom (106.323) on the 1W chart (neutral RSI = 45.365, ADX = 30.517 over Highs/Lows = -18.2600, B/BP = -49.9840 and bullish MACD = 3.810). We use simple Fibonacci Retracement zones to identify the next Lower High on 1W. Since every retracement peaked between 0.5 and 0.618, then the next one should be near 148.427 (after making the bottom of...

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EOSUSD remains on a strong 1D Channel Down (RSI = 38.678) but on a controlled pace (Highs/Lows = -1.1713, B/BP = -4.3550, MACD = -0.337). This slowdown on MACD is an indication of the support levels ahead: 10.1000, 9.3064, 7.4356. Assuming this is a recurring pattern similar to mid-January/ mid-February, I expect a smoother (red) Channel Down to emerge (on a lower...

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As mentioned on the previous analysis, DAX was on a 1D Channel Up (RSI = 58.600, MACD = 166.500) that hit our 13,141 target and under overbought pressure it broke to the downside and nearly tested the first support at 12,919.58. As seen on today's 1D candle, the Channel Up pattern is technically broken (STOCHRSI = 0, ADX = 53.909, CCI = 48.7206, Highs/Lows = 0) at...

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NG has reached our previous TP = 2.900 and now faces the Resistance of the High extreme line. 4H is a Channel Up but has reached near overbought levels (RSI = 69.332, STOCHRSI = 92.540, Williams = -19.847) with 2.881 its support/ Higher Low. This is expected to break and move to the Higher Low of the proper 1D Channel Up (RSI = 65.173, Highs/Lows = 0.0691) near...

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XRP is seen on a clear downtrend on 4H (RSI = 35.249, Highs/Lows = -0.0300, B/BP = -0.0530) and we can easily spot a similar pattern (Rectangle followed by Ch. Down) that signals a decline even below 0.46014. Technically the immediate TP is 0.46014. The commanding 1W bearich curve can then issue another rise to an even Higher High (around 1.01775), but I will have...

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Following the latest analysis on EURUSD, we see two things. First that the price found support near 1.1710 and second that it was rejected near 1.1844. This adds further validity to my expectation that the current 4H candle cohesion (neutral STOCH= 50.188) resembles the November - December 2017 High Volatility zone on the same prices. As a result a Rectangle @...

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ETH has been priting recurring Channel Up and consolidation patterns on 4H. The green lines represent the Resistance bands after each Lower High on 1W (with the latest being a projection). As the 675.39 Support and 707.50 Resistance dominate the price action , the 1D chart will remain neutral (RSI = 50.867, STOCH = 47.353, ADX = 13.958, Highs/Lows = 0.0000). That...

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The 7,828.70 - 8,000 support zone on 4H was strong enough to break the Channel Down. 4H is now on a typical bullish reversal pattern (neutral RSI = 50.573, Highs/Lows = 0, over bullish MACD = 18.400 and STOCH = 72.856). 8,777 is the Resistance and the first bullish target of an emerging Channel Up, assuming that the 8,300 support holds (otherwise will not allow...

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The 4H Rising Wedge is near hitting the 72.60 target on balanced RSI, Highs/Lows and B/BP numbers (63.436, 0.5650 and 1.1720 respectively). Although STOCHRSI, Williams and CCI are overbought, the uptrend Channel can extend even higher as the supporting line on the Rising Wedge provides support above 70.90. If broken then the 1D Channel Up will make a pull back to...

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Since the last update and the short from 1,311, 2 bearish targets have been hit: 1,301.80 and 1,290.15. The last is 1,274.50 located just above the last Higher Low supporting line of the 1M uptrend (neutral RSI but still MACD = 23.990, BBP = 14.7020). If it reached 1,301.80 again it should act like a Resistance and we will short again. In short, the price is still...

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The current sideways pattern on 4H (ADX neutral = 20.362) is seen two times more in the previous month and always resulted in a bullish spike near 2,790 before declining sharply to or even below 2,650. The critical day is tomorrow. If 2,745 breaks then the pattern should repeat it self backed up by very bullish 1D RSI = 59.474, Highs/Lows = 13.3750, MACD =...

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Based on past 1M regressional analysis (neutral RSI = 49.761, ADX = 32.900, CCI = -23.1942, Highs/Lows = 0.000), mirror patterns usually occur on DX over long periods of time. Same recurring patterns are expected on the 1D time-frame, which is now bullish (even overbought on RSI = 77.665) looking for its first Resistance since its uptrend started (since March 27)...

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As the 1D Channel Up broke this week (RSI = 43.705, Highs/Lows = -130.6286, B/BP = -168.1442), we should be looking at the next support levels for a possible long entry. The 1st is located at 10,552.30 and the 2nd at 10,475.19 (cross 5H SMA200, 1D SMA50). Utilize both on a tight SL for TP = 10,840. If the 2nd support breaks, it will be a short opportunity and we...

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The index is printing recurring patterns on 1D. Symmetrical 4H Channel Up patterns, followed by same width Channel Downs (High ATR = 37.1964 on neutral RSI, STOCH, Highs/Lows), always supported by a 1D Higher Low line (RSI = 57.913, Highs/Lows = 32.000). 6640 is expected in about 1 week's time and then 7085 by mid June.

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The index is on a symmetrical Channel Up on 4H (RSI = 55.713, MACD = 53.000). Given the overbought levels on both 5H & 1D (STOCH, STOCHRSI, Williams), I expect a pull back to 24,582 before reaching 24,996.70 again and 25,226.56 towards the end of the month. With a Higher High on 1D (Highs/Lows = 152.8571), I believe the long term downtrend came to an end. However,...