🔸speculative buy/hold setup for GBPNZD bulls, currently pullback in progress. expecting bounce play off the key s/r zones below (details/see chart). 🔸we are trading in well defined range since july. range lows near 0575 and range highs set at 0800. premium prices below and above lows/highs. 🔸Recommended strategy bulls: seek to buy/hold near 0525 using tight SL,...
🔸speculative buy/hold setup for EURUSD bulls, higher highs / higher lows bullish sequence in progress. sequence of higher lows and higher highs therefore expecting more gains in this market after short-term pullback, will complete near 0920. 🔸Bulls maintain control, so long sequence of higher lows remains intact. expecting fresh higher low near 0920/0940 after...
🔸Hello guys, today let's review 4daily price chart for EURUSD. Strong bullish wave in progress right now trading near 1.1000 almost 3/4 through the way, however more upside available mid-term into end of year. 🔸Previously we had multiple 20/22% bullish price swings since the downtrend started in 2009. 3 swings completed already, right now swing 4 in...
🔸Hello traders, today let's review daily price chart for XRPUSD. speculative 5 waves bullish structure in progress. final target is beyond 1 usd end of 2023. 🔸We recently maxed out / triggered overhead resistance at 90 cents so naturally right now pullback in progress expect it to complete and mark yet another higher low at 55 cents. 🔸Recommended strategy bulls:...
🔸Hello traders, today let's review 8hour price chart for OCEANUSD. strong gains recently off the lows , however currently short-term pullback in progress. XABCD pattern structure with advanced entry strategy. 🔸XABCD structure is defined by point X at 44c, point A at 32c, point B at 40c, point C at 29c and finally point D expected near 47/49 cents. Advanced...
🔸speculative H*S setup advanced entry bulls with projected TP bulls set at 1360. confirmed rejection from overhead resistance. 🔸H&S structure defined by head at 1450, LS at 1360, neckline at 1100/1140. currently pullback/correction in progress to re-test the neckline price level. higher risk strategy: short selling at market, target bears is...
🔸Hello traders, today let's review 2days/candle price chart for spot silver. strong recovery in progress since autumn 2022, right now bulls are targeting re-test of 25.80, which is an overhead resistance / supply zone. 🔸V-shape recovery in progress, overall strong price chart with solid base down below expecting short-term pullback after we hit resistance near...
🔸Hello traders, today let's review 8hour price chart for ETHUSD . strong gains recently off the range lows ,however currently price close to hitting solid overhead resistance so expecting pullback soon until we get a fresh pump. 🔸1980 usd and 1930 usd are key overhead resistances, while below we got solid supports / reload zones for bulls at 1820 usd and 1790...
🔸speculative buy/hold setup for AUDUSD bulls, currently pullback in progress. expecting bounce play off the key s/r zones below (details/see chart). 🔸mirror overhead s/r levels will be targeted later by the bulls. currently bounce in progress since we bottomed out near 6600, however expecting final pullback soon. 🔸Recommended strategy bulls: seek to buy/hold...
🔸Hello traders, let's review the 4 hour chart for EURUSD today. Noteworthy compression into the wedge structure in progress, we got a sequence of higher highs and lower lows. overall bullish chart, however expecting pullback from overhead resistance. 🔸Short-term expecting more gains to re-test and print a new higher high at/near 1080. bulls maintain short-term...
🔸Hello traders, today let's review the daily chart for UK100. Recently solid gains and we re-tested the ATH however correction/pullback in progress now. rejection near 7900. 🔸This is a setup based on repeat price fractal. 7615 heavy resistance overhead, right now we are trading at 7265, pullback in progress and expecting further losses this week/next week. key...
🔸speculative xabcd setup advanced entry bears with confirmed reversal at point C at 4490. Expecting short-term losses. point C was printed recently and confirmed a higher high setup. 🔸XABCD pattern structure is defined by point X at 4310 point A at 4475, point B at 4350, point C at 4490 and point D at 4250, which is a 127 extension. 🔸Recommended strategy bears:...
🔸Hello traders, let's review the 2 hour chart for USDCHF today. Bear flagging since June, expecting breakdown and subsequent re-test of year lows near 8850 later. 🔸Short-term expecting more range-locked price action within the flag pattern structure, position traders should stay on sidelines and wait before short selling from resistance. 🔸Recommended strategy...
🔸Hello guys, today let's review daily hour price chart for gold. Trading in well-defined range since July 2020, we recently got rejected near 2 000 USD, right now drifting lower on auto-pilot. 🔸Range lows defined at 1740 usd, range highs set at 1980 usd, resistances overhead at 2 000 usd and key support below bear 1700 USD. Short-term / mid-term outlook: bears...
🔸speculative buy/hold setup for EURUSD bulls, noteworthy compression in progress. this is an overview of the 16 hour chart for EURUSD. sequence of higher lows. coming from a strong prior bullish impulse, uptrend is still intact. 🔸Heavy overhead resistance near 1050/1075 will provide pullback short-term however overall outlook remains bullish and I recommend to...
🔸Hello traders, today let's review the 8 hour chart for silver. Recently solid gains and we re-tested the 2022 high near 25.75 usd, solid performance overall and expecting a new higher low now print at/near 21.75 usd. 🔸Setup is based on speculative 1/2/3/4/5 swing pattern setup, currently bearish pullback is almost complete, will be complete at 21.65 usd. based...
🔸Today let's review the 1 hour chart for brent oil . Previously strong downtrend in progress entire 2023 so outlook remains bearish until we can daily close above 80 usd. 🔸OPEC production cuts have low impact on prices recently due to lower global demand. Technically, we are in a distribution pattern setup since May 2023 and expecting breakdown and new/fresh lows...
🔸Hello traders, today let's review 8hour price chart for LTCUSD . strong gains recently off the range lows,however currently price getting overextended and trading near range highs, so short-term expecting a normal pullback, which is a buying opportunity 🔸Active trading range is defined by range lows at 80 USD and range highs at 98 USD. Premium prices at 101/103...