Details on chart - staying adaptive while we wait for reports to release will give us more probability in the markets
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
The price had double bottom and I think it can touch top red line, it can be number 4 or can break up the line. It can affect most of charts.
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
Looking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. Price has tapped into my sell entry at 0.66835, where the 50% Fibonacci line is. Stop loss will be placed at 0.67977, where the previous high is. Take profit will be at 0.65473, where the 38.2% Fibonacci line...
After yesterday, the situation here is unchanged. We’re still not looking for trades and waiting for the right moment. Today and tomorrow there is news that will cause movement and will provide better trade opportunities. The sell option we’re looking at is that we already have a top and will look for a reaction around 1,0430 level. The buy option is at stop...
Today, the Australian CPI y/y was released at 6.9% (Forecast: 7.6% Previous: 7.3%) which signaled a slowdown in the overall inflation growth. Although 6.9% is still higher than the target level of 2-3%, could this lead to a slowdown in the future interest rate hikes from the RBA? On the release of the economic data, the AUDUSD traded slightly higher from the...
On the H4 chart, the overall bias for DJI is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Looking for a buy stop entry at 4031.44 , where the 61.8% Fibonacci line is. Stop loss will be placed at 3907.07, where the previous low and 50% Fibonacci line is. Take profit will be at 4177.51, slightly above where...
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 a sell entry at 1765.050, where the 78.6% Fibonacci line is. Stop loss will be placed at 1786.545, where the previous high is. Take profit will be at 1727.850, where the previous low is. Any opinions,...
Looking at the H4 chart, my overall bias for NZDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.62092, where the previous swing high was. Stop loss will be set at 0.60872, where the previous swing low and 23.6% Fibonacci line is is. Take profit will be at 0.63525, where the 88%...
On the H4 chart, the overall bias for ETHUSD is bearish . To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a retracement sell entry at 1291.84, where the 38.2% Fibonacci line is located. Stop loss will be set at 1400.48, slightly above where the 61.8% Fibonacci line is. Take profit will be at 1071.11, where...
On the H4 chart, the overall bias for AUDUSD is bearish. Furthermore, the price is crossing below the Ichimoku cloud , indicating that the market is bearish. We are looking for a sell entry at 0.66835, where the 50% Fibonacci line is. Stop loss will be set at 0.67711, where the previous swing high is. I am looking to take profit at 0.65849, where the previous...
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a possible buy entry at 1.03642, where the 50% Fibonacci line is. Stop loss will be placed at 1.02225, slightly above the 38.2% Fibonacci line and where the swing low is. Take profit will be at 1.06014,...
Looking at the H4 chart, my overall bias for BTCUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. I am looking for a sell entry at 17065.00, where the 23.6% Fibonacci line is. Stop loss will be at 18173.33, where the previous swing low is. I am looking to take profit at 15632.00, where the previous low is. Any...
Looking at the H4 chart, my overall bias for EURUSD is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. There seems to be a double top forming. Looking for a sell stop entry at 1.02766, slightly below where the 23.6% Fibonacci line is. Stop loss will be at 1.04818, where the previous swing high is. Take profit will...
There's a potential bottom forming on the DXY on the daily timeframe at the time of writing. Multiple rejection style candles confirm that there's demand at this zone (boxed)! To confirm the idea further, the 200 day SMA is sitting exactly at this level. There will be some big players entering this trade - longing USD and short EUR, maybe even shorting SPY. The...
Swiss Frank, GBP and EUR are to weaken...Big Price Imbalance on USDCHF chart reveals that USD is abot to get stronger. Price is back to stabilize and fill the massive inefficiency left behind. Such instable rapid falls tend to be covered. Price will return back to the point of release. Reaction at major round numbers point to that as well. For educational...
• Rejection at the 200 MA • Double top pattern on daily chart with neckline around 1.02 • Bears are in control, aim the ascending channel and a break of the neckline • Resistance at 1.0480 • If neckline is broken successfully, market will test parity level again and lower