Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1 and H1 time-frame. H4 is also entering Overbought Conditions.
- Price action is close to last month's Resistance Trendline
- Price action is well into a Supply Zone area
- Targeting between the 50.0% - 61.8% Fibo retracement
Suggested Trade:
Entry @ Area of Interest 1.7180 -...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1 and H1 time-frames
- Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair.
- Price action is close to a Supply Zone
- Price action is close to multiple Resistance Trendlines & top of Parallel Channel as well
- Targeting the 38% Fibo retracement for...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 and H1 time-frames
- Price action has multiple resistance from trendlines & also a horizontal trendline (supply zone)
Fundamental Confluences for Trade:
- Nothing much can dictate the movement of this FX pair as they are heavily trade-related like the AUDNZD. Any major movement...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 & H1 time-frame to activate our trade idea
- Entry level will be a Demand Zone for Solana
- Price action is in a consolidation zone
- Targeting the 61.8% Fibo retracement after trade is activated
Suggested Trade:
Buy Limit @ 123.15
SL @ 110.24
TP 1 @ 143.74 (Close...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 and H1 time-frames
- Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair.
- Price action is close to multiple Supply zones
- Price action is close to multiple Resistance Trendlines as well
- Targeting the 50% Fibo retracement for this trade
...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 and H1 timeframe
- Price action is at a Supply Zone and has another Consolidation Zone nearby it
- Price action is at the top of a channel resistance
- Targeting the 50% Fibo retracement
Fundamental Confluences for Trade:
- Same setup as the NZDCAD trade I just posted as...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 a time-frame.
- Price action is reversed off the Supply Zone
- Targeting the other Demand Zone
- Price action looks like it will retrace first before grinding up higher.
Suggested Trade:
Entry @ Area of Interest 113.70 - 114.20
SL @ 114.92
TP 1 @ 112.92 (Close Half-Position &...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on D1, H4 and H1 time-frame. D1 is also entering Overbought Conditions.
- Price action is at last month's Resistance Trendline
- Price action is in a Consolidation zone
- Targeting the 38.2% Fibo retracement
Fundamental Confluences for Trade:
- ECB plans to cut interest rate next month...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions.
- Price action is close to last month's Resistance Trendline
- Price action is in a consolidation zone
- Targeting the 61.8% Fibo retracement
Suggested Trade:
Entry @ Area of Interest 0.8210 - 0.8230
SL @ 0.8244
TP 1...
Technical Confluences for Trade:
- Stochastics are in Overbought Conditions on H4 time-frame
- Price action is close to a Resistance Trendline
- Price action is close to a 200 EMA (still bearish for now)
- Price action is in a consolidation zone
- Targeting the 61.8% Fibo retracement
Fundamental Confluences for Trade:
- Nothing new in the Crypto space to start...
Hi Traders!
The market is in a downtrend.
As you can see the market is respecting a "Resistance Channel".
Everytime it gets inside this area, it falls back again.
After the market was very down, it moved up again towards this area.
We expect the market to move down further.
In addition, the Stochastic is overbought too.
We recommend to sell this market with a...
