The current overall bias for ETHUSD is bearish , according to the H4 chart. However, the price bounced off 1267.20, which is where the 50% and 38.2% Fibonacci lines intersect. Price also closed above the Ichimoku cloud indicates that there might be a short term bullish trend . Looking for a buy stop entry at 1344. 40 with a stop loss at 1190.00, the previous low...
The current overall bias for DJI is bearish , according to the H4 chart. However, because the CPI report was better than predicted, the short term trend is expected to be optimistic. Looking for a retracement buy entry at 29997.62, which contains the 23.6% Fibonacci line and the market gap Entry will be at the top of the market gap to prevent missing out on the...
On the H4 prices are still in a bearish momentum however it filed to break the key support at 0.9654 levels. Looking for a pullback buy entry at 0.9654, where the 78.6% Fibonacci retracement sits. The stop loss will be set at 0.9545 where the 161.8% extension sits. The take profit point will be at 0.9873, where the overlap support and 61.8% retracement sits
Any...
On the H4 chart, we have a bearish bias on BTCUSD . To add to this bias, the price is below the Ichimoku cloud , which implies a bearish market. Looking for a pullback sell entry at 20463.26, where 50% Fibonacci retracement sits. Stop loss will be at 21631.46, at the 78.6% Fibonacci retracement level. The take profit point will be around 18546.84 where the...
We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0220, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are...
On H4, with the price moving within the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop form the sell entry at 234.35, which is in line with the 23.6% fibonacci retracement to the take profit at 212.54, where the 100% fibonacci projection and 161.8% fibonacci extension are. Alternatively, the price may rise to the stop...
On the H4, the price is crossing the ichimoku cloud and RSI is rising over 50, we expect that the price may rise to test the sell entry at 0.56862, where the 50% fibonacci retracement is. After testing the 1st resistance, the price may drop to the take profit at 0.55338, which is in line with the swing low. Alternatively, the price may break the 1st resistance and...
On H4, with the price moving below the descending channel and ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 1674.758, which is in line with the 38.2% fibonacci retracement and overlap resistance to the take profit at 1616.073, where the swing low is. Alternatively, the price may rise to the stop loss at 1729.036, where the...
Looking at the H4 chart, the current overall bias for ETHUSD is bearish overall. Price has turned short-term bullish with price currently above the Ichimoku cloud . Looking for a retracement buy entry at 1264.31 where the 50% and 38.2% Fibonacci line are intersecting. Take profit will be at 1405.86, where the previous low and 100% Fibonacci line is located. Stop...
On the H4 chart, the overall bias on DJI is on the bearish side with the price underneath the Ichimoku cloud , adding confluence to the bearish bias. However, the US CPI data release was better than expected so we can expect a short-term bullish momentum. Looking for a retracement buy entry at 29050.53 where the -61.8% Fibonacci expansion line and 23.6% Fibonacci...
The EURUSD has rebounded slightly due to CPI numbers yesterday but still has an overall bearish bias on the H4 chart. Looking for a breakout sell entry at 0.9695, where the 61.8% Fibonacci retracement sits. The stop loss will be set at 0.9871 at the overlapping resistance. The take profit point will be at 0.9545, where the swing low and 161.8% extension sits
Any...
On the H4 chart, we have a bearish bias on BTCUSD . To add to this bias, the price is below the Ichimoku cloud , which implies a bearish market. Looking for a pullback sell entry at 20463.26, where 50% Fibonacci retracement sits. Stop loss will be at 21631.46, at the 78.6% Fibonacci retracement level. The take profit point will be around 18546.84 where the...
We have a short term bearish bias on USDCHF on the H4 chart. Prices have rejected a major key resistance area hence we are looking for a reversal sell entry at 1.0046 where the swing high,127.2% extension sits. The stop loss will be set at 1.0222, which is the 100% projection. Take profit will be at 0.9857, where the previous swing high and 38.2% retracement are...
On H4, as the price moving within descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 117.35, which is in line with the overlap resistance to the take profit at 102.18, where the swing lows are. Alternatively, the price may rise to the stop loss at 125.05, which is in line with the 38.2% fibonacci...
On the H4, price is dropping to test the buy entry at 1665.160, which is in line with the 61.8% fibonacci retracement and overlap support, as the price is above ichimoku cloud , we can expect the price bounce off from here and rise to the take profit at 1729.880, where the 61.8% fibonacci retracement and previous swing high is. Alternatively, the price may break...
Looking at the H4 chart, the current overall bias for ETHUSD is bearish . To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. Looking for a retracement sell entry at 1339.92, where the 61.8% Fibonacci line is located. Stop loss will be placed at 1384.41, slightly above where the 23.6% Fibonacci line and...
Looking at the H4 chart, the current overall bias for ETHUSD is bearish . To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. Looking for a retracement sell entry at 1339.92, where the 61.8% Fibonacci line is located. Stop loss will be placed at 1384.41, slightly above where the 23.6% Fibonacci line and...
Looking at the H4 chart, the current overall bias for DJI is bearish . To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. To add confluence to this sell entry, there is a market gap at 29672.85 near the sell entry that looks good to be filled. The entry is placed at the bottom of the market gap to...
