We managed to see a nice 261.8 fib level rejection followed by a BEARISH movement back to 161.8% fib level. Also, price level is currently near my moving averages which I expect a possible rejection here. Looking at the chart, we can see great BULLISH pressure holding CHFJPY for now. It have yet to breakout of the BULLISH climb momentum. Having said that, I expect...
We managed to see an important rejection for AUDJPY at the 161.8% fib level. I will be looking for a short opportunity to my supply level in green. This will be a short term trade opportunity. However, if we managed to see price breaking the support level, I will expect a 61.8% move. If not, the bullish climb will continue eventually seeing 261.8% and higher. As...
We managed to see a rejection off a resistance level@228.80. I am expecting litecoin to make a short BEARISH retracement till 78.6 fib level (or touching my moving averages) before seeing a BULLISH continuation. This will be a BULLISH push for litecoin as it is building strength for a potential breakout, continuing its upward climb. I will be eyeing a 161.8% fib...
Not much movement for EURUSD today. Previously, we failed to see EURUSD breakout from the ichi cloud with current level still within this cloud. Definitely, will not enter solely looking at ichi cloud. However, I am expecting a rejection from the moving average lines. For now, I am expecting a BEARISH movement breaking the support level @1.2015. Having ssaid that,...
Just a quick update from my previous analysis, we managed to enter a short position at 48k. Now, there is another potential short entry level for us. As we can see, candle managed to break below my moving average lines. I will be expecting a rejection from here bring BTCUSD back to 45k ish price level. This will be our second short position. I will like to let...
Previously, we have identified a 28k consolidation area where we expect price level to consolidate before a BULLISH continuation. Personally, I feel that this TA analysis is still valid as currently bitcoin price movement is greatly affected by "HYPE" and directionless buyers. This is a short update for our previous call. Moving to our intraday trading...
Looking at ichi cloud, we are able to see that the downtrend movement currently is strong. We have yet to see any form of a trend reversal for EURGBP. For now, I am an eyeing on a supply zone which I have identified. We should be expecting a clean rejection off that level before a BEARISH continuation. There is 2 potential level for TP: 0.8727 support level and...
We managed to see a clean breakout after a long consolidation within 0.7020 resistance level and 0.6818 support level. As of now, I am expecting this BEARISH movement to be a retest to the broken zone before further BULLISH movement take over, Keep an eye on this pair while we expect a nice rejection off this level moving towards 261.8% fib level. I will update...
We can clearly see that price level is currently retesting back to 561.8% fib level. As of now, I am expecting some sort of BEARISH retracement building up for a potential breakout of the its high. There is no form of breakout to the BEARISH side so this trade will be an intraday trade opportunity. Overall, we should see DOGE building BULLISH strength to breakout...
Last Friday's candle showed us a clean rejection off the 161.8% fib level. However, we have yet to see any form of confirming candle. Today's candle is a neutral candle for us as we managed to see a lower opening but BULLISH movement today. Although there is not much confirmation on this pair, I will be eyeing on a fakeout from 1.2323 resistance level. Today's...
Looking at today's candle, we can see that price level made a clean rejection off 38930 resistance without any form of breakout yet. Price level is also currently under 261.8% fib level where it failed to continue its BULLISH momentum to test the next fib level (361.8% fib level). As of now, I will be eyeing on another retest to 261.8% before going for a short...
Today's candle made a nice rejection off the support level @1.5320. This level is also where the 261.8% fib level lies. We were anticipating some sort of a BULLISH movement here. As of now, we will be looking for a long opportunity towards my moving averages and 161.8% fib level before any further confirmation. Once this level is reached, we will be eyeing on...
Volatile movement for Ripple for now. Price level managed to hit 0.75 ish yesterday followed by a huge drop to the current price level. As of now, I am seeing a retest to 38.2% fib level before further BEARISH movement. I am seeing a good long opportunity now and I will update again for this pair. Stay tune!!! Target Price and Stop Loss given. Do take note this...
GBPAUD has yet to show us any breakout strength. I am expecting price to retest 1.7964 resistance level and clean rejection there will give us a great short opportunity. As we can see, GBPAUD has been consolidating within this support and resistance level for sometime. If price breaks below my moving average lines, we can expect a great BEARISH movement to the...
Bitcoin currently heading towards 461.8% fib level. I will see a good short opportunity at 38950 price level. Taking note that we also have a strong resistance level at 38950 area I am expecting some short of retracement there. As of now, a sell limit will be suitable for this trade. If you will like to enter slightly earlier you can always do so. I will like to...
Looking at EURGBP, we can see that price level has been moving within the support line @0.8896 and the resistance line @0.9085. With that, we managed to see instances where fakeout took placed with price level overextending out of this area. As of now, EURGBP has yet to show a strong BEARISH movement and might indicate that current movement might be a fakeout...
GBPCAD failed to breakout 1.7473 resistance level with price level moving sideways for now. I see it testing the support level @1.7253 price level, also where my moving average is at. If it breaks through this level, we should expect a BEARISH continuation with a huge downside potential. As of now, I am BEARISH for GBPCAD. Short term Trading Opportunity!! Kindly...
AUDJPY has made a nice BULLISH movement towards the upside. As of now, it is not over for this pair yet. As we can see, it broke the resistance level 79.80 and continue its uptrend. I will be expecting a movement towards the next resistance level @84 ish price level. That is where the 461.8% fib level lies and I will be expecting BEARISH retracement to happen from...