Evening traders, Today’s analysis – GBPUSD- reclaim of Local S/R after an impulse sell, showing strength in the immediate short term. Points to consider, - Price Action Impulse - Local S/R Support (.382 Fibonacci) - Liquidity Block Respected - Oscillators Neutral - Volume Climax Evident GBPUSD’s immediate price action is impulsive from its respected liquidity...
Evening Traders, Today’s Analysis – AUDUSD – price action impulse above local S/R where a back test is probable to confirm support. Points to consider, - Price Action Impulse - Local S/R Support (.382 and 200 MA) - Daily S/R Resistance - Oscillators extended - Volume Increasing AUDUSD’s immediate price action is bullish above Local S/R, this allows us to...
Evening Traders, Today’s analysis – THETAUSDT – breaking Dynamic S/R, failure to close back above is bearish. Points to consider, - Price Action Pivot - Range Low Support Confluence - Dynamic S/R Resistance - Oscillators Neutral - Declining Volume THETAUSDT’s immediate price action is below 21 MA and Dynamic Support; this allows us to have a bearish...
Evening Traders, Today’s Analysis – USDJPY- Trading above Local S/R, back test will confirm the level as support. Points to consider, - Price Action Impulse - Local S/R Support (.382 Fibonacci & VWAP Confluence) - 200 MA Resistance - Oscillators Neutral - Increasing Volume USDJPY’s immediate price action is impulsive above Local S/R, this allows us to...
Evening Traders, Today’s analysis – USDCAD – breaking back above Local S/R with technical confluence, Daily S/R target, Points to consider, - Price Action Impulse - Local S/R Flip - 200 MA & .618 Fibonacci Confluence - Oscillators Neutral - Increasing Volume USDCAD’s immediate price action is impulsive above local S/R where confirming a bullish retest...
Evening Traders, Today’s Analysis – GBPUSD- deviating back into local range with range low being the target, Points to consider, - Price Action Impulse - Rang Mid Support - Range Low Target - Oscillators Extended - Volume Influx GBPUSD’s immediate price action has confirmed a bearish retest; this allows us to have a bearish bias. The local range mid is...
Evening Traders, Today’s analysis – EURAUD- bull impulse from oversold conditions, holding Local S/R on a back test is deemed bullish. Points to consider, - Price Action Impulse - Local S/R Support (.50 Fibonacci Confluence) - Local Target Hit - Oscillators Neutral - Declining Volume EURAUD’s immediate price action is reverting back to Local S/R,...
Evening Traders, Today’s Analysis – ETHBTC- trading at a key trade location where a pivotal move is probable. Points to consider, - Price Action Higher Low - Support Zone Confluence - EMA Ribbon Resistance - Oscillators Extended - Declining Volume ETHBTC’s immediate price action is trading on its dynamic support, maintaining higher highs and higher lows in...
Evening Traders, Today’s analysis – ZECUSDT – trading at a key trade location where an impulse move is probable, Points to consider, - Price Action Pivot - Range Mid Support ( Technical Confluence, Golden Pocket & 200 DMA) - Range High Resistance - Oscillators Divergence - Increasing Volume ZECUSDT’s immediate price action is holding support with...
Evening Traders, Today’s analysis – OCEANBTC- trading above Local S/R with technical confluence, a bounce here is probable. Points to consider, - Price action impulsive - Local S/R Support (200 MA& .50 Fibonacci) - Upper Local S/R Resistance - Oscillators Diverting - Volume influx OCEANBTC’s immediate price action is testing a key trade location with...
Evening Traders, Today’s Analysis – XLMUSDT- trading above weekly S/R, diverting to pitchfork median where a move it probable. Points to consider, - Price Action Acceptance - Weekly S/R Support (Pitchfork, EMA Confluence) - Range mid target - Oscillators neutral - Declining Volume XLMUSDT’s immediate price action is getting acceptance back into weekly...
Evening Traders, Today’s second analysis – BCHUSDT- breaking key Daily S/R, holding it as support will solidify the level. Points to consider, - Price Action Impulsive - Daily S/R Support (S/R Flip Retest) - Swing High Target - Oscillators neutral - Increasing Volume BCHUSDT’s immediate price action is impulsive above Daily S/R, a confirmed S/R Flip...
Evening Traders, Today’s analysis – GBPJPY- impulse price action, trading with a bounce from support zone leading into a probable retest of Local S/R, Points to consider, - Bearish Price Action - Supply Zone Support - Local S/R Resistance - Oscillators Over-extended - Volume Declining GBPJPY’s immediate price action is considered bearish, any rallies are...
Evening Traders, Today’s second analysis – ETHUSDT- consolidating under key resistance where a breakout is probable upon increasing volume, Points to consider, - Price Action Impulsive - Weekly S/R Resistance - Daily S/R Objective - Oscillators Extending - Volume Increasing - VPVR Low Transactions ETHUSDT’s immediate price action is impulsive, breaking...
Evening Traders, Today’s analysis – LTCUSDT- breaking above key Daily S/R, a back test of the level will allow for a long position. Points to consider, - Price Action Impulse - Daily S/R Support (.50 Fibonacci Confluence) - Upper Daily S/R Resistance - Oscillators Extended - Volume Climax LTCUSDT’s immediate price action is impulsive; breaking key...
Evening Traders, Today’s second analysis – GBPUSD- flipping Structural S/R where a back test must hold for a bullish bias, Points to consider, - Bullish Price Action - Structural S/R Support - Local S/R Resistance - Oscillators Bullish Control - Volume Declining GBPUSD’s immediate price action is bullish breaking Structural S/R, a confirmed S/R Flip...
Evening Traders, Today’s analysis – BTCUSDT = impressive rise, running into key Fibonacci levels where a short term rejection is probable. Points to consider, - Price Action Impulsive - Rising Channel Resistance (.618 Fib Confluence) - Support Zone Confluence (.50 Fib Confluence) - Oscillators Bullish Control Zone - Volume Increasing BTCUSDT’s immediate...
Evening Traders, Today’s second analysis – EURJPY- impulse sell into Daily S/R where a bounce is probable allowing for a short on low volume. Points to consider, - Price Action Impulse - Daily S/R Support - .382 Fibonacci Resistance - Oscillators Oversold - Bear Impulses EURJPY’s immediate price action is looking bearish; a bounce on low volume will...