Hello and welcome to this analysis Oil India in the daily time frame after activating a Bullish Harmonic ABCD completed a 38% Fibonacci retracement. In the process it activated an Ichimoku C Clamp in the weekly time frame. Stock could be accumulated between 180-190 for 210 (short term) 240 (medium term) and 350 (long term) View would be invalid below 170 Happy...
Time Frame: 4H Symbol: GBPUSD Entry: 1.13387 TP: 1.11771 SL: 1.14562 Bias: Short As we analyze the current price action and various price movement factors, the most visible sign which is obvious to us is a selling opportunity that we can take advantage of .
Pair: AUDCAD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break ————— Key Takeaway: Price is seeing a lot of bullish pressure and we have just seen a break of a major resistance trend line, we are waiting for a close above dynamic resistance as price could be producing a fake out which we have to...
Pair: AUDJPY Timeframe: 1D Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, double bottom ————— Key Takeaway: Price has already broken price to the upside of the ascending triangle and come back down for a re-test. We have also seen that a double bottom has formed indicating strength of the resistance turned...
Time Frame: 4H Symbol: GBPUSD Entry: 1.13309 TP: 1.11394 SL: 1.14883 Bias: Short Considering the current price projection we can go for a short trade. Our goal is to avail a selling opportunity using the current price efficiency gaps.
Hey y’all, this is where I’m at with BTC on the daily. We are now at a area where BTC will either recover, on possibly move to the downside to the .886 Fib Retrace Ratio. We are currently at the .776 now, but technically this pattern would also still be valid at if we dropped down to the 886. The oscillators are in fact showing bullish divergence so it is possible...
Pair: USDCAD Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, head and shoulder pattern ————— Key Takeaway: USD is dropping significantly today and we are going to squeeze gains out of this retracement. Bounced very nicely off resistance on the right hand shoulder and seeing great bearish pressure now...
Time Frame: 4H Symbol: JPYUSD Entry: 0.006974 TP: 0.006848 SL: 0.007072 Bias: Short For this instrument our core bias is short as we see the strength of dollar prevails over the strength of this currency. The study of support and resistance also show a positive expectation for shorting opportunity.
Pair: CADJPY Timeframe: 1H , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, bounce off key levels ————— Key Takeaway: Seen a big retracement for the pair of the past couple of weeks down to a critical level that has now been touched, we are looking for a big swing of bullish momentum before signs for entry...
Time Frame: 4H Symbol: GBPUSD Entry: 1.13786 TP: 1.12195 SL: 1.14964 Bias: Short As we study the recent price action of this instrument, our core hypothetical stand point goes in favor of shorting the pair. The bias is explicitly bearish and we can safely avail a selling opportunity from the current price pattern.
Time Frame: 4H Symbol: EURUSD Entry: 0.99793 TP: 0.98345 SL: 1.00748 Bias: Short The current price pattern of this instrument is displaying a short bias and the recent price fluctuations is more or less showing a bearish tendency and therefore we can anticipate a short opportunity set up.
Time Frame: 4H Symbol: XAUUSD Entry: 1662.512 TP: 1627.552 SL: 1685.069 Bias: Short For this instrument our bias is short . As we see the dynamic support and resistance are demonstrating a bearish sentiment and the sentiment will prevail for next few days .
Time Frame: 4H Symbol: USDCHF Entry: 0.96654 TP: 0.95484 SL: 0.97805 Bias: Short The price pattern is displaying a bearish bias . If we consider the current price actions and the current dynamic trends at macro or micro level, one specific pattern is obvious and that is the upcoming selling opportunity. Considering the sentiment and overall ...
Will the trend continue? Will it touch the wave 5 targets (blue boxes) in the medium term? Just an analysis that can easily be wrong.
The AUDCHF is in a clear downtrend and hitting the H4 MA now. The pattern to sell is at 0.6505 but the pair is running out of breathe to get there. We are hence selling at Point C for a 40-60 pip ride. Stops above 0.6520.
Pair: USDCHF Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, breakout ————— Key Takeaway: There is a lot of strength for USD itself so the main bias is bullish, we will be looking for breaks of resistance. We have already broken high volume level we just need a close above resistance ————— Level needed: need a...
Pair: AUDUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, descending wedge pattern, head and shoulder pattern ————— Key Takeaway: Seen alot of bearish pressure for the pair but the market closed near a pullback level last week. We need to see price maybe retrace a bit more before coming back down. ————— Level...
Pair: GBPUSD Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, trend channel ————— Key Takeaway: been ranging in our downward trend channel for some time and there are alot of bearish fundamentals for GBP, we need to see a bounce off broken support turned resistance and the top of our trend channel ————— Level...