Title: Coffee C Futures ( KC1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 214.05 Pivot: 172.60 Support: 142.05 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to...
Title: ETHUSD Futures (ETHUSD ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1706.80 Pivot: 1617.35 Support: 1335.70 Preferred case: Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 1.08110 Pivot: 1.06915 Support: 1.05290 Preferred case: Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly...
Looking at the H4 chart, my overall bias for NASDAQ is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 12456.1, where the overlap resistance and 38.2% Fibonacci line is. Stop loss will be at 12781.1, where the recent high is. Take profit will be at 11898.1, where the overlap support is and...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for an immediate sell entry at 1861.430 to ride the bearish momentum. Stop loss will be at 1890.250, where the previous swing high is. Take profit will be at 1824.515, where the overlap support is. Please...
Looking at the H4 chart, my overall bias for USDCAD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 1.33795, where the overlap resistance is. Stop loss will be at 1.34723, where the recent high is. Take profit will be at 1.32620, where the previous swing low is. Any opinions, news,...
Looking at the H4 chart, my overall bias for JD.COM is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a pullback sell entry at 55.62, where the overlap resistance is. Stop loss will be at 64.44, where the recent high is. Take profit will be at 33.18, where the previous swing low is. Any opinions, news,...
Looking at the H4 chart, my overall bias for XAUUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for an immediate sell entry at 1861.430 to ride the bearish momentum. Stop loss will be at 1890.250, where the previous swing high is. Take profit will be at 1824.515, where the overlap support is. Any...
Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell stop entry at 1491.44, to ride the bearish momentum. Stop loss will be at 1546.84, where the overlap resistance is. Take profit will be at 1338.20, where the overlap support is. Any opinions,...
The Dollar Yen has completed its fifth wave to the downside, marking the completion of its first major wave (Wave 1). This will now be followed by a 3 sub-wave correction back towards the upside, which counts as Wave 2. Targeting $139 - $140. Similar to all other markets correlating positively to the DXY, USDJPY is only facing a temporary upside, before the...
Hello Traders ! Thank you for taking the time to check out my trading idea. GBP/USD is in a Bearish orderflow, and there is also a recent imbalance of sell orders in the market that seems to have been filled. From then, price reacted in a way that indicates more red incoming. First TP for current bearish trend is 1.1875 Please like, and share your comments as...
We roll into the new trading week, with 1-week FX volatility surprisingly sanguine, where we see most levels trading in the 25-50th percentile of its 12-month range. AUDUSD, USDCHF and USDJPY seem to have the highest implied move - so this is where to look for potential movement (based on Friday’s closing levels). XAU is expected to hold a range of 1899 to 1832...
The rand had a tough week at the office last week which saw the local unit depreciate roughly 2.37% against the dollar. Risk-on sentiment gained some enthusiasm following Powell’s speech on Tuesday which hit the right notes regarding the Fed’s self-proclaimed victory over inflation. The sentiment however soured after US CPI numbers for the month of December were...
The EURUSD pair performed as predicted in my recent two analyses. It rebounded from the lower boundary of the channel and the 50-day moving average, made a brief attempt at the last broken support, and continued its downward trend. However, the momentum appeared to be lacking, as evidenced by the divergence on the RSI and MACD. This was because the price was...
Taking a small risk on this possible short opportunity on Gold for the coming week. We have seen a BOS, leaving behind an unmitigated candle and liquidity hunt. There is a chance Gold will push higher ahead of Tuesday's CPI data, grab liquidity then drop to the downside. I will keep everyone updated, so make sure to drop a like and follow! 40 PIPS RISK = 430 PIPS REWARDS
Hi viewers, technically bearish expectation for new week TP1: 0.68500 (70) TP2: 0.68100 (110) TP3: 0.67700 (150)
The recent performance of the Dollar Index suggests a potential upward trend, as it has closed multiple daily candles above the yearly trend line. However, for this to be confirmed as a buy signal, it is necessary for the index to clear the resistance at 103.500, the 50-day Simple Moving Average, and close above the upper boundary of the descending channel. If...
Hello guys, This is an update of previous analysis (blow link). Everything is marked on the chart like always. The market has moved as we expected and now under the resistance but has the potential to break the resistance. If and only If breakout and retest the resistance you can entering safe in the Gold , Euro , Pound and etc. So I'm waiting for the breakout...