Buy above 8898. Stop loss at 8352. Take profit at 9740. Reason for the trading strategy (technically): BTCUSD is testing its support at 8898 (100% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support) where we expect prices to rise to its resistance at 9740 (76.4% Fibonacci...
Sell below 0.7908. Stop loss 0.7999. Take profit at 0.7715. Reason for the trading strategy (technically): CADCHF is approaching resistance at 0.7908 (100% Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) where we expect to see a reversal, causing price to fall to its support at 0.7715 (23.6% Fibonacci retracement, horizontal...
Sell below 0.6978. Stop loss 0.7007. Take profit at 0.6909. Reason for the trading strategy (technically): NZDUSD reversed off its resistance at 0.6978 (78.6% Fibonacci retracement, 100% Fibonacci extension, 61.8% Fibonacci extension, horizontal overlap resistance) where we expect prices to fall to its support at 0.6909 (horizontal swing low support). We do have...
Sell below 9475. Stop loss at 9766. Take profit at 8894. Reason for the trading strategy (technically): BTCUSD is approaching resistance at 9475 (50% Fibonacci retracement, horizontal overlap resistance) where we expect price to reverse off from, causing it to fall to its support at 8894 (100% Fibonacci extension, horizontal swing low support). Stochastic (21, 5,...
Sell 149.20. Stop loss at 150.01. Take profit at 147.14. Reason for the trading strategy (technically): GBPJPY reversed off its resistance at 149.20 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect prices to drop to its support at 147.14 (horizontal swing low support) Stochastic (89, 5, 3) is reversed off its...
Sell below 1.3641. Stop loss 1.3702. Take profit at 1.34775. Reason for the trading strategy (technically): GBPCHF is approaching its resistance at 1.3641 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect prices to drop to its support at 1.3447 (38.2% Fibonacci retracement, horizontal overlap support)....
Buy above 109.53. Stop loss at 109.21. Take profit at 110.24. Reason for the trading strategy (technically): USDJPY is approaching its support at 109.53 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 110.24 (61.8% Fibonacci retracement). RSI (34) shows an ascending line and...
Buy above 1.0669. Stop loss at 1.0631. Take profit at 1.0750. Reason for the trading strategy (technically): AUDNZD is approaching its support at 1.0669 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where we expect prices to rise to its resistance at 1.0750 (horizontal swing high resistance). Stochastic (89, 5, 3) is...
Sell below 9100. Stop loss at 9431. Take profit at 8644. Reason for the trading strategy (technically): BTCUSD broke out of its ascending channel where it is now testing its support at 9100 (61.8% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap support). If broken, we expect prices to fall to its next support at 8644 (38.2% Fibonacci...
Buy above 0.7745. Stop loss at 0.7714. Take profit at 0.7807. Reason for the trading strategy (technically): CADCHF is testing its resistance at 0.7745 (38.2% Fibonacci retracement, horizontal overlap resistance) where we expect price to rise to its resistance at 0.78070 (horizontal swing high resistance) if broken. Stochastic (55, 5, 3) bounced from its support...
Buy above 0.8733. Stop loss 0.8691. Take profit at 0.8836. Reason for the trading strategy (technically): EURGBP is approaching its support at 0.8733 (100% Fibonacci extension, 50% Fibonacci retracement, 61.8% Fibonacci retracement, horizontal overlap support) where we expect price to rise to its resistance at 0.8836 (61.8% Fibonacci extension, horizontal swing...
Buy above 9286. Stop loss at 9027. Take profit at 9972. Reason for the trading strategy (technically): BTCUSD is testing its ascending channel support where we look to buy on weakness at 9286 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback support) where we expect price to bounce up all the way to its resistance at 9972 (61.8% Fibonacci...
Buy above 1.5846. Stop loss at 1.5788. Take profit at 1.5964. Reason for the trading strategy (technically): EURAUD bounced nicely off its support at 1.5846 (78.6% Fibonacci retracement, horizontal swing low support) where we expect prices to rise to its resistance at 1.5964 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3)...
Sell below 1.3641. Stop loss 1.3702. Take profit at 1.3477. Reason for the trading strategy (technically): GBPCHF is approaching its resistance at 1.3641 (61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect prices to drop to its support at 1.3447 (38.2% Fibonacci retracement, horizontal overlap support). We...
Buy above 108.76. Stop loss at 108.37. Take profit at 109.52. Reason for the trading strategy (technically): USDJPY bounced nicely off its support at 108.76 (23.6% & 38.2% Fibonacci retracement, horizontal swing low support) where we expect price to rise to its resistance at 109.52 (61.8% Fibonacci retracement, horizontal overlap resistance). Stochastic (89, 5,...
Buy above 147.03. Stop loss 146.05. Take profit at 148.96. Reason for the trading strategy (technically): GBPJPY is approaching its support at 147.03 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support) where we expect price to rise to its resistance at 148.96 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal...
Sell below 0.8851. Stop loss at 0.8903. Take profit at 0.8731. Reason for the trading strategy (technically): EURGBP is approaching its resistance at 0.8851 (100% Fibonacci extension, 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where we expect price to react off it, causing it to fall to its support at 0.8731 (100%...
Buy above 9286. Stop loss at 9032. Take profit at 9972. Reason for the trading strategy (technically): BTCUSD is testing its ascending channel support where we look to buy on weakness at 9286 (61.8% Fibonacci retracement, horizontal pullback support) where we expect price to bounce up all the way to its resistance at 9972 (61.8% Fibonacci extension, horizontal...