FISV is greatly declining from its resistance which allows for a great opportunity for a buy at support. Its Fibonacci is resting at 108. We will have to wait until it hits 108 for a indication of a resumption in its previous uptrend.
Today’s analysis – CADJPY – trading with a bullish market structure, further upside probable,
Points to consider,
- Price Action Impulsive
- Dynamic S/R Support
- Swing High Objective
- Low Volume
CADJPY’s immediate price action is impulsive, trading above its dynamic s/r with further upside being imminent.
The swing high is the...
In Daily timeframe, WAVES closed up with a bullish hammer in this timeframe and I decide to buy some WAVES contract to long position until $40 USD, that will be my target that I believe that WAVES going to up to recover the trend.
EUR HAS BEEN SHOWING STRENGTH.
HERE WE HAVE EURAUD ATTEMPTING A BREAK ABOVE RESISTANCE.
A BREAK AND HOLD ABOVE THIS LEVEL CAN YEILD US 50-150 PIPS DEPENDING ON WHAT HAPPENS AT THE NEXT LEVEL.
UPWK has established a strong horizontal support zone @ 39-41 (which is about 50% fibonacci retracement of the major AB swing up). It bounced off a mini double bottom here and soon began consolidating between 44.50-47.50 in the past week.
Today it started to move out of this bull flag and with RSI now rippling above 50, the chance of a sustainable upside is...
☑️GOLD is now trading above the strong horizontal support
And I think we will see a bounce up from this level
Before a possible breakout down and bearish continuation
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When we are about 40 percent over this line I will sell. Then it will go under the line for about 15 to 18 days. There you can buy and you will have a nice profit. But the parabolic curve will come soon and this patterns will have a end. Then correctures arent very big about 5 to 10 percent and only 2 days or so.
Simple fractal moves down. Each Fibonacci reracement level since 2.06k we have seen a significant bounce to test bear movement down and continue retracement (12345)
I expect to see a similar move now we are sat at the 0.618 retracement level.
Check comments for updates, daily seeing a possible swing low forming right on the 0.618 line which could confirm move...
-Market in last 24hrs
-BTCUSD saw a downtrend
-Price volatility was high. Market moved ~2.5%, between $9.1k and $9.33k
Today’s Trend analysis
-Price sees support at 9150, CCI in oversold region
-Price at time of publishing: $9,180
-BTC’s market cap: $169 Billion
-Oscillator indicators are mostly neutral. RSI at 42
-Moving average indicators...
# Resistance broken
# Tested as support
# Buy signal completed (bullish engulfing)
I am entering at market price 1.72024 with
# SL below the engulfing pattern @ 1.71535 and
# TP higher up around resistance @ 1.74815
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Always exercise good risk management. Don't...
on the higher timeframes, like the daily, this pair is in an uptrend, because it broke to the upside the most recent resistance (upper black line). Now, until we broke a support to the downside, the trend will be considered bullish. Therefore, it makes sense to look for trading opportunities on lower timeframes, when we see there's higher timeframe...