Sell below 6854. Stop loss at 6972. Take profit at 6571. Reason for the trading strategy (technically): BTCUSD is approaching its resistance at 6854 (100% Fibonacci extension, 38.2% & 78.6% Fibonacci retracement, horizontal swing high resistance) where we look to sell on strength with an anticipation of a move down to its support at 6571 (61.8% Fibonacci...
Sell below 0.8778. Stop loss at 0.8803. Take profit at 0.8723. Reason for the trading strategy (technically): EURGBP reversed off its resistance at 0.8778 (100% Fibonacci extension, 50% Fibonacci retracement x2, horizontal overlap resistance) where we expect price to drop to its support at 0.8723 (horizontal swing low support). Stochastic (55, 5, 3) reversed...
Sell below 1.5731. Stop loss 1.5819. Take profit at 1.5550. Reason for the trading strategy (technically): EURAUD reversed nicely off its resistance at 1.5731 (50% Fibonacci retracement x2, horizontal swing high resistance) where we expect to see a drop to its support at 1.5550 (61.8% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal swing low...
Sell below 110.90. Stop loss 111.39. Take profit at 109.95. Reason for the trading strategy (technically): USDJPY reversed nicely off its resistance at 110.90 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) where we expect price to fall to its support at 109.53 (100% Fibonacci extension, 61.8% Fibonacci retracement,...
Buy above 1.0723. Stop loss at 1.0661. Take profit at 1.0833. Reason for the trading strategy (technically): AUDNZD is testing its support at 1.0723 (78.6% & 50% Fibonacci retracement, 100% Fibonacci extension x2, horizontal overlap support) where we expect price to rise to its resistance at 1.0833 (50% Fibonacci retracement, horizontal overlap resistance)....
Sell below 6638. Stop loss at 6883. Take profit at 6220. Reason for the trading strategy (technically): BTCUSD tested its resistance at 6638 (61.8% & 38.2% Fibonacci retracement, horizontal swing high resistance) where we look to sell on strength. We see it dropping to its support at 6220 (61.8% Fibonacci extension, horizontal swing low support). Stochastic...
Buy above 6638. Stop loss at 6883. Take profit at 6246. BTCUSD is testing its resistance at 6638 (61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect price to reverse, causing price to fall to its support at 6256 (horizontal swing low support). Stochastic (55, 5, 3) is approaching its resistance at 89% where a...
Buy above 1.5444. Stop loss at 1.5363. Take profit at 1.5655. Reason for the trading strategy (technically): EURAUD bounced off his support at 1.5444 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) and we expect it to rise further to its resistance at 1.5655 (horizontal swing high resistance). We do have to be cautious of the...
Sell below 1.3130. Stop loss 1.3225. Take profit at 1.2918. Reason for the trading strategy (technically): USDCAD is approaching its resistance at 1.3130 (100% Fibonacci extension x3, horizontal swing high resistance) where we expect to see a reversal, causing price to fall to its support at 1.2918 (100% Fibonacci extension, 74.6% Fibonacci retracement,...
Buy above 1.0762. Stop loss at 1.0710. Take profit at 1.0891. Reason for the trading strategy (technically): AUDNZD is approaching its support at 1.0762 (61.8% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal overlap support) where we expect to see a bounce, causing price to rise to its resistance at 1.0891 (100% Fibonacci extension, 61.8%...
Buy above 0.7560. Stop loss 0.7513. Take profit at 0.7659. Reason for the trading strategy (technically): AUDUSD is approaching its support at 0.7560 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where we expect to see a bounce, causing price to rise to its resistance at 0.7659 (61.8% & 50% Fibonacci retracement,...
Buy above 6513. Stop loss at 6134. Take profit at 7761. Reason for the trading strategy (technically): BTCUSD is testing its support at 6050 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing low support) where we expect it to bounce and rise to its resistance at 7020 (100% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback...
Buy above 6513. Stop loss at 6134. Take profit at 7761 Reason for the trading strategy (technically): BTCUSD is testing its support at 6513 (100% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing low support) where we expect it to bounce and rise to its resistance at 7761 (horizontal swing high resistance). Stochastic...
Sell below 1.3067. Stop loss 1.3147. Take profit at 1.2862. Reason for the trading strategy (technically): USDCAD is approaching its resistance at 1.3067 (61.8% Fibonacci extension x4, horizontal swing high resistance) where we expect to see a reversal, causing price to fall to its support at 1.2862 (38.2% Fibonacci retracement, horizontal swing low). Stochastic...
Buy above 1.1581. Stop loss at 1.1534. Take profit at 1.1658. Reason for the trading strategy (technically): EURCHF bounced off its support at 1.1581 (61.8% Fibonacci extension, 61.8% & 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 1.1658 (61.8% Fibonacci extension, horizontal swing high...
Sell below 84.47. Stop loss at 85.51. Take profit at 81.30. Reason for the trading strategy (technically): AUDJPY is approaching its resistance at 84.47 (100% Fibonacci extension, 61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect price to reverse, causing it to fall to its support at...
Buy above 0.6995. Stop loss 0.6961. Take profit at 0.7054. Reason for the trading strategy (technically): NZDUSD is approaching its support at 0.6995 (100% Fibonacci extension, 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where we expect to see price bounce off from here, to its resistance at 0.7054 (horizontal swing high...
Buy above 6640. Stop loss at 6134. Take profit at 7761. Reason for the trading strategy (technically): BTCUSD is testing its support at 6640 (100% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing low support) where we expect it to bounce and rise to its resistance at 7761 (horizontal swing high resistance). Stochastic...