Vladimir Ribakov analyzes NASDAQ and CAD/CHF using technical charts. NASDAQ shows bearish divergence on monthly charts with potential short-term correction patterns. CAD/CHF displays bullish divergence and double-bottom formation suggesting an upside move, with the recent low as the key invalidation level.
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Hello traders, how are you? Vladimir here from Traders Academy Club, and this is my weekly forecast, uh, and market analysis. And today I would like to share 2 very interesting opportunities the way I see them. That will be the NASDAQ, uh, both short-term and the longer term, and also a CAD/CHF, which I find interesting, and I would like to share with you what and why. But before we go to trading, I cannot just ignore what's going on and all this not need to anyone war between Russia and Ukraine, and I would like to send my prayers that this insanity would end, and that we will go to peaceful days again. As one who was born in Belarus, it's right there on the border, for me it's like, you know, family fighting. Russian, Ukrainians, Belarusians are all the same people. And to see these fights and to see people going through that, it's extremely sad. And my prayers to anyone who is there, stay safe, and hopefully all this craziness would end soon and we would know better days. Back to trading, so let's go to the charts. And talk about this opportunity. But right before that, if you are new to this channel, welcome to our amazing community. Please subscribe to the channel with the subscribe button below the video. And also, I invite you to join our trading family, Traders Academy Club, uh, where you will enjoy all our real-time trading ideas that I share during the week and the real-time trading education. Join with the link below the video in the description or in the pinned Comment. Also, very quickly, I would like to ask your help in supporting me, my work, and this channel. Please hit the like button below the video, drop some feedback in the comment section. Fifteen seconds of your time—it's a huge help to this channel. This is how YouTube algorithm works, you know. So thanks in advance to everyone who helps. So Nasdaq, what do we have here, and why do I find it such an interesting opportunity after a massive? Rally that came to the end with a beautiful bearish divergence. We now flip a full convergence, which for the long run means sell the rallies is probably the right direction. Uh, however, on the lower time frame, this is where another opportunity comes in play. We got 3 waves to the downside which ended with a bullish divergence— lower lows on the chart, higher lows on the indicator, every indicator. The histogram, the moving average of the MACD, and the RSI. And the interesting part, look at where it bounced from— monthly and weekly volume zone. I work with this volume indicator, and you can of course find all the information about this indicator below the video in the pinned comment, the comment section, also in the description. So by bringing this technical, uh, condition, I go to the 4-hour chart, and what I see here is a flip. As you can see, for the first time we go making the higher highs here, right? Uh, so I find it pretty interesting opportunity that might be the beginning of a correction. And if we go to 1-hour chart, what, um, one of the scenarios we want to see here basically would be Some pullback and continuation, and that could happen in one of the next scenarios. One drop with a hold over the lows, the important lows. We have a low here and a low here. That's supportive area and also volume area. And if it managed to hold these zones, it could provide a beautiful rally towards the next volume zone, which is here. The other scenario is ABCD correction and then a breakout. Above a falling ABCD could be a classical opportunity as well. So that's the short-term opportunity. And then of course, as I said before, due to the weekly setup, if the short-term rallies really take place, I will be then looking for sells and further continuation. Let me know what do you think about the NASDAQ and how do you see this one in the comment section below. And also invite you once again to join our trading family, Traders Academy Club. Enjoy our real-time trading ideas, real-time trading education delivered to you, uh, in dedicated videos. Every trade with a video explaining why and how. A free, completely free, full VIP price action course, supportive trading community. And you will see by yourself why we are ranked as number one online trading club for so many years. Follow the link below the video in the description or the pinned comment, and welcome to our trading family. Uh, the next one is the CAD franc, and what we have here is potentially a massive opportunity for the long run. So first of all, What do we have? Ending cycle comes to a bullish divergence here on a monthly chart. As you can see, massive divergence between the lows on the chart and the lows on the indicator. Also RSI, uh, that could hint that we are at the beginning of some long-term correction. Taking it to the weekly chart, that's what I find it so interesting. We got 2 waves upside. We got the correction which holds on this supportive area, creates a bullish divergence by itself. And look at this volume, okay? It still looks like a waiting there for, uh, for the second wave to rally towards this zone. And that's what I find so interesting is when we go to the daily chart after completing the false Uh, breakout here, fake low with a bullish divergence. Also on the bottom, we made a convergence— higher highs on the chart, higher highs on the indicator. With this correction, I believe it is a sign that we are heading now for the second leg upside. If we go to the 4-hour chart, we completed the move down with a double bottom, bullish divergence, and now higher highs Everywhere again on the chart and the indicator. Also, the RSI hints that the buyers are likely taking the control, uh, and, uh, the way I see that, it's building a beautiful momentum, uh, and if it managed to, uh, continue maintain that with the pullback, I believe there is much, much more to come upside. And for me, the bullish idea, the bullish analysis, and the bullish view remain as long as this invalidation low, uh, hold. So, uh, CAD/CHF is definitely a great opportunity, and if it really takes place in a rally, look at this opportunity. Look at the swing highs and the volume, okay? That could be a monster opportunity for some, some good run here. So, uh, that's my view on the CAD/CHF. Share with me what do you think and your inputs on this one on the comment section below. And that's it for this video. Thanks for your time watching it. Uh, please feel free to share it with anyone who you think can benefit by watching that. This video is completely free for the community. And for all our other trading ideas and real-time trading education, of course, VIP Price Action Course, as I mentioned before, follow us in our trading family, the Traders Academy Club. and get your access to all of the above. Uh, thanks for your time. I wish again, uh, peace and health, uh, to come. Stay safe, be well, and thanks again for your time. I'll see you soon with more ideas and more educational content. All the best to you and yours. Bye for now.
