GBPUSD is rising toward the pivot point which aligns with the 38.2% Fibonacci retracement and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance close to 61.8% Fibonacci retracement. Pivot: 1.2523 Support: 1.2424 Resistance: 1.2595 Risk Warning: Trading Forex and CFDs...
EURUSD is rising toward the pivot point close to the 38.2% Fibonacci retracement and could potentially fall to a multi swing low support level that Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 1.0696 Support: 1.0610 Resistance: 1.0803 Risk Warning: Trading Forex and CFDs carries a high level...
XAUUSD is rising toward the pivot which aligns with the 61.8% Fibonacci retracement point and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2376 Support: 2343 Resistance: 2404 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
XAUUSD has reacted off the pivot and could fall to an overlap support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level close to the 78.6% Fibonacci retracement. Pivot: 2386.91 Support: 2364.44 Resistance: 2404.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you...
BTC just loves to do fake breakouts. I think one can be profitable just trading fake breakouts. Here is a fakeout of a new LTF triangle below the MTF descending triangle. It was a doble fakeout. In 4H we can see a Bearish Flag. Confluences keep adding. I maintain my Bearish Bias and I think that the probabilities are in favor of a Bearish movement. Just in...
CRYPTOCAP:BTC VIP Analysis APRIL 18, 2024 - BIAS: Mid-Term: BEARISH Short-Term: BULLISH -- On the daily timeframe level, the price action of CRYPTOCAP:BTC has broken down its Horizontal Support level which was marked between the $63,640 to $62,950 level. The price action after a retest level can show us the further downward movements, As it has broken down...
the last bull run ;) will be epic! dont be a bear!
TSLA is in the weakness mode, and even though we may see some pullbacks short-term, the SHOULDER-HEAD-SHOULDER pattern with neckline $ 213 is broken. Any corrective action between here and $ 200.00 should be sold for a move to $ 130.00 area. Strategy SELL @ $ 170-190 and place SK above $ 225 and take profit @ $ 140.00.
Price is falling towards the an overlap support zone which lines up perfectly with the 50% Fibonacci retracement. A bounce from this level could lead the price to rise to the upside I'm bullish biased
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will drop to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
The price is rising into a resistance level, which is a pullback resistance that aligns with the 38.2% Fibonacci retracement; it could reverse from this level to our take profit target. Entry: 0.59405 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.59723 Why we like it: There is a pullback...
AUD/USD is rising toward a resistance level, which is an overlapping resistance aligning with the 38.2% Fibonacci retracement. A reversal from this level could cause the price to drop to our take profit target. Entry: 0.64891 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.65483 Why we like...
USD/CHF is falling towards a support level which is a pullback support which aligns with the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.90607 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement Stop loss: 0.90082 Why we like it: There is an overlap support level Take...
Price is rising towards a resistance level, which serves as a pullback resistance aligning with the 38.2% Fibonacci retracement. A reversal from this level could cause the price to fall to our take profit target. Entry: 1.06979 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement Stop loss: 1.07586 Why we like...
the math checks out, the theory is standing... lets hope that bitcoin can carry us out of these lows
Understanding the methodology of market structures and peak formation lows
This is a counter trend trade, it's using a strategy that has been 70% correct this week, you can judge my previous trades whilst using this strategy for the last 2 weeks. This is a trade idea, however, I believe where I have marked the long position, I should react and have a good short-term bullish intention :)
This is my new strategy, I have been mastering, last week on demo, this strategy, made me $12 000 on demo, the liquidity might be swept, due to friday volatility, that could be a possibility, I'm seeing a break of structure and a break of a low, so this would be a counter trend trade