The USD/CHF pair on the M30 timeframe presents a possible shorting opportunity due to a recent breakout from a pattern. Potential Short Trade: Entry: Below the broken level, ideally around 0.9140 after confirmation of the breakout. Confirmation could involve a retest of the broken level as resistance or a sustained move below the level. Target Levels: 0.9060:...
The US Dollar Index TVC:DXY is negatively correlated with the macro Bitcoin BNC:BLX chart. Indicators like the Correlation Coefficient indicator will display swings from negative to positive correlation between TVC:DXY and $INDEX:BTCUSD. This can lead to a belief that they are not in fact negatively correlated. But, when you zoom out to a macro view of...
USD/CHF is rising toward the resistance level, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection. A reversal from this level could indicate a triple top pattern, which could lead to a price drop to our take profit target. Entry: 0.91497 Why we like it: There is a pullback resistance level which...
Australia's Inflation Data Revealed Soon Next week, Australia will unveil its latest inflation figures. Import the BlackBull Markets Economic Calendar to iCloud, Google, or Outlook to get alerts direct to your inbox, enabling you to plan your positions in advance and seize trading opportunities. Projections suggest a notable dip in Australia's headline...
NZDUSD - 24h expiry Price action looks to be forming a bottom. Short term RSI has turned positive. A move through 0.5950 will confirm the bullish momentum. The measured move target is 0.5975. Pivot support is at 0.5875. We look to Buy at 0.5900 (stop at 0.5872) Our profit targets will be 0.5970 and 0.5985 Resistance: 0.5950 / 0.5970 / 0.5975 Support:...
Hello freinds this chart we shows that this market will know an uptrend on next hours but don't open your position if the market across a level 1.06999 if you want more informations please show the chart good luck
The USDHKD pair has been rising since November 2023 after hitting the Support Zone and is approaching the 2-year Resistance Zone. The Sine Waves help us understand the cyclical nature behind it. This is a low risk sell opportunity for the long-term. Our Target is 7.79500 (top of Support...
US30 H4 Lets not over complicate things here on US30, we are struggling to break this 37600 support price, 38,000 remains intact. Sell limit replaced here with a tighter stop than yesterday, we have a clear range offering best part of 400 points.
USDJPY D1 A little way away here, but we have a nice confluence retest zone at 152.000. Strong area of previous resistance, now acting as support (hopefully). Alongside D1 demand which was formed upon the volume witnessed when we broke out upside. Alerts set, waiting patiently.
Layers 2382.5 - 2384 Sl @ 2388 1st tp @ 2377 2nd tp @ 2370 3rd tp @ 2364 4th tp @ 2358
This is my Intraday analysis on EURUSD for 18 Apr 2024 W16 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bearish Internal Bearish Swing Pullback Phase 2. Swing continuing bearish following the HTF Bearish Trend. Expectations is set for the Swing to stay bearish to fulfill...
Has not much changed on GBPUSD either, as the pair has stuck in the range of $1.2460-1.2425. Waiting for the cable break either above or below, nothing else until then.
Still holding my shorts on EU patiently, as the general price action has not violated the underlying confluences. Keeping all posted
Finally entered shorts on XAU, as I have been watching the price action's failure to break above $2398 resistance. Hard to shoot for anything long term as the Iranian unfolds. My targets are around $2260-$2280 area of demand with the stops right above the wick of the supply. Happy trading!
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...