FX:USDJPY Overall structure on USDJPY is bullish with price already reaching the Daily high at 149.842 Daily resistance and is currently pulling back. A pullback to 149.250 Daily support is where I will be looking to buy USDJPY
FX:GBPJPY Price on GBPJPY broke below the Daily support area simultaneously breaking the short term bullish structure on the 4H timeframe. This week I will be looking to go short on GBPJPY. A retest to 182.275 Daily resistance and/or a break and retest below 181.186 Daily support/resistance is were I will be looking to go short on GBPJPY.
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has fallen below the local uptrend line. After unfolding the Fib Retracement grid, we see that the price remains in a strong support zone from $26,980 to $26,532, and then we have support at $25,970. Looking the other way, the first resistance is at the...
Hello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price remains below the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that the price remains at the support of $205.6, then we have support at $203.3, and then the support zone from $201 to $197. Looking the other way, you...
I invite you to review the chart of ETH in pair with USDT, also on the one-hour time frame. Let's start, as in the case of BTC, by marking the local upward trend line from which the price came out lower. Now let's move on to marking the support places. We will use the Fib Retracement tool to mark supports, and as you can see, the price remains in a strong support...
Hello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving below the local uptrend line. After unfolding the FIb Retracement grid, we can mark a strong support zone with a price ranging from $212 to $209.7, while we still have support at $206.5. Looking the other way, there is a resistance zone from...
Hello everyone, let's take a look at the ETH to USDT chart on a 1 hour time frame. As you can see, the price is starting to break out of the local upward trend line. After expanding the Fib Retracement tool, we see that the price is just below the strong support at $1,639, then we have a second support at $1,606, and then we can see a decline to the support level...
Hello everyone, let's take a look at the BNB to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the Fib Retracement grid, we can mark support at $215, while if we fall lower, we can see the price return to the support zone from $210.8 to $208.9. Looking the other way, we see that the price is...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving above the local uptrend line. After unfolding the trend based fib extension grid, we see that a support zone has formed from $1,663 to $1,647, and then we have a second zone from $1,604 to $1,581. Looking the other way, we can see that the...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price quickly came back and is currently staying just above the downtrend line. After unfolding the trend based fib extension grid, we see that we have a strong support zone from $1,594 to $1,581, and then a second zone from $1,568 to $1,551. Looking the...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price breaks sideways from the local upward trend line. When we unfold the Fib Retracement grid, we see that the price maintains support at $26,513, while it is worth marking the support zone from $25,897 to $25,454. Looking the other way, we will similarly...
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a one-hour time frame. First, using the yellow line, we will mark the local upward trend from which the price broke down. At this point we can see that the break from the trend line also resulted in a drop below the EMA Cross 200, indicating a return to the downtrend. Now let's move on to...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the Fib Retracement grid, we have a visible support zone from $26,493 to $26,192, then a second strong zone from $25,891 to $25,455, and then strong support at $24,884. Looking the other way, we...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the Fib Retracement grid, we see that the price remains at the upper limit of the support zone from $1,625 to $1,607, then we have the second zone from $1,577 to $1,557, and then strong support at...
Hello everyone, let's take a look at the LTC to USDT chart on a one hour time frame. As you can see, the price is moving above the local downtrend line. After unfolding the Fib Retracement grid, we can determine a support zone from $63 to $62, then we have a second zone from $60 to $59, and then strong support at the price of $57. Looking the other way, we see...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved higher from the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that we have a support zone from $26,040 to $25,573, and then we can designate a second strong support zone from $25,193 to $24,802. Looking the...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As we can see, the price moved upwards from the local downtrend line. After unfolding the Fib Retracement grid, we see that first we have a support zone from $25,994 to $25,787, then support at $25,618, then a second zone from $25,452 to $25,210, and then support at...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is approaching leaving the triangle, moving along the local upward trend line. As you can see, we are close to returning above EMA Cross 200, which would change the trend to an upward one. When we spread the trend based fib extension grid, we see a...