💶💵EUR/USD Lack Of decisiveness 💶💵This lack of volatility on EUR/USD is quite tedious. 💶💵We again attacked the resistance zone where the level of 0.618 of the entire last downward wave is located. 💶💵Looking at the current situation, we may have to wait a little longer for declines. 💶💵But I believe that sooner or later we will pass the correction I...
After making a retracement on the uptrend line, silver is testing a resistance and you can see it since daily time-frame Also if you use RSI and MACD you can perfectly see the lines changing directions in different time-frames RSI at 30m and 15m change direction after being at level 70 close from overbought zone My SL and TP: SL: 23.94764 TP: 23.62293
USDCHF - Intraday - We look to Sell at 0.9327 (stop at 0.9351) Price action continued to range between key support & resistance (0.9230 - 0.9330) although we expect a break of this range soon. The bias is to break to the downside. Daily signals are bearish. Previous support at 0.9330 now becomes resistance. Our profit targets will be 0.9268 and 0.9258...
The GOLD presents a divergence on RSI on a daily timeframe meanwhile in short term, the price is still inside a Bearish flag after a Double Top with divergence in the last sessions. The stochastic is still in the overbought area and our Forecast is about a new Bearish impulse. DAILY TIMEFRAME
Hey traders, USDJPY is trading in a bearish trend on a daily. After the price set a new low 20th of December, the market started a correctional movement. The pair is currently approaching a solid confluence zone based on fib retracement levels, a trend line and a horizontal structure. To short the underlined area with a confirmation, watch a rising channel...
AUD/USD after the raising of the value in the last days, the price, looking at the daily charts it's retesting a strong resistance level in confluence with the Fibonacci levels and divergence RSI. In the lower timeframe, Divergence is also stochastic and our Idea is about a new pullback in the short side of the chart. Daily Timeframe
One of the most unexpected rallies. I was personally waiting for a retest of the range low to get in but it defied my expectations. Took one trade from 132.6 to 133.6. I’m now looking for the top green line to hold as support for further continuation. The thin move down above gives me more reason to believe that the top is not in and that it could expand further...
USDCHF on the 4h chart after test of the weekly support bounced for a third time over the structure. The price is now testing a descending trendline zand a break for a move to the resistance can be seen How can i approach this scenario? According to Planctonìs strategy IF the market will break above i will set a nice long order according to the Plancton's...
Trading Setup: A Trading Signal is seen in the NZDUSD Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.6353 ⭕️SL@ 0.6371 🔵TP1@ 0.6301 🔵TP2@ 0.6270 🔵TP3@ 0.6215 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you liked our ideas, please...
On the M30 time frame, a throwback to the support zone at 1.35750, in line with the 23.6% Fibonacci retracement level could see a bounce to the resistance target at 1.36350. Failure to hold above the support zone at 1.35750 could see further downside to the next support zone at 1.35380. Prices are approaching the lower bound of the Bollinger Bands while...
EUR/USD is stalling just above the moving average and will likely be unable to escape reaching it in the next couple of days. Today’s high came within ten pips of the Dec. 13 close and sold off. This is a sign of disappointed bulls selling out of longs at the Dec. 13 close. If the bulls thought the market would go a lot higher in the next couple of days, they...
That green line is a 22 year resistance and we broke it recently. What happens when a level is broken and bullishly retested?? Well, it usually reacts in that trend. And the trend for DXY is very bullish. More bullish than we have seen since the 1980’s. This is an opportunity of a lifetime. You can’t really trade DXY, but this means all stocks, cryptos, and other...
We can see the in the previous DXY rally pullbacks of 2.5-4% was common now we have seen a drop over 9% as we have also hit an historical level and price has made consolidation we can look for these two outcomes, in which I am more bull than bear, bare in mind this could take a while to play out with current market conditions.
On the H4 time frame, prices are approaching the support zone at 1786.00, in line with the ascending channel’s support and Fibonacci confluence level. A throwback to the support zone at 1786.00 could present an opportunity to play the bounce to the resistance zone at 1825.50. Prices are holding above the Ichimoku cloud as well, where we could see more upside in prices.
On the H1 time frame, prices are approaching the support zone at 133.20, in line with the 38.2% Fibonacci retracement level and a throwback to this zone presents an opportunity to play the bounce to the resistance zone at 135.60. This resistance zone is also the previous graphical area that has been tested as both a support and resistance. Prices are holding above...
On the M30 time frame, prices are facing bearish pressure from the resistance at 0.6750, in line with the Fibonacci confluence levels. A pullback to the resistance zone at 0.6750 could present an opportunity to play the drop to the support zone at 0.6650. A break below the downside confirmation level at 0.6720 could provide the bearish acceleration in prices to...
Looking at the H4 chart, my overall bias for DJI is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 33498.93, where the 38.2% Fibonacci line is to form a triple top retail formation . Stop loss will be at 34243.87, where the 78.6% Fibonacci line is. I am looking to take profit at 32485.23,...
Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. However, I am looking to play the retracement sells. So I am looking for a immediate sell entry at 2617, to ride the bearish momentum for retracement back down to the take profit level at 2570, where the 50% Fibonacci...