H4 time frame. Structure: Downtrend. The current price is still trading in the range of the 70.00 resistance zone . Oil price is having upward moves to break the resistance level of 70.00 but there is no confirmation yet. Along with that, the uptrend is decreasing, showing clear divergence signals. In the bullish case, a clear rise above the 71.00 level is needed...
H1 time frame. Symmetrical Triangle Structure: Formed a Symmetrical Triangle pattern with the largest range from 44000 to 47500. To limit risk with this pattern, wait for a clear break of 44000 and look for sell setups to continue the trend. Or wait for the price to return to the 47500 zone to find reversal setups. The profit target is the 41000 and 38000...
Last week, after the price rallied to the resistance at 1834, there was a sharp downward move that broke the previous uptrend. However, for the whole week, the price has not been completed confirming the downtrend. From here the price could still have a bounce back from the 1780 support to the 1810 price level. When the price retraces to the 1810 level or breaks...
H4 time frame. Structure: Uptrend. The price broke the Key level, the previous downtrend. The price had a retracement move to the 61.8 Fibonacci zone and made a new bot then rose sharply to the current Key level 1.27000. Wait for price to break Key level again and get buy signal after retest with USDCAD. The profit target is the 1.2900-1.29500 price...
H4 time frame. Structure: Uptrend, the price bounced up strongly after retracing to the support level of 1.37300. This is also the 50% Fibonacci confluence of the previous uptrend. Currently waiting for a retest and buy signal to continue with the possibility of a pullback to 1.38100. The profit target is the resistance zone at...
H4 time frame. Structure: Downtrend. After the price rose to the important Key level of 70.00, there is now a head and shoulders - reversal pattern. Now waiting for the price to clearly break this reversal pattern or break the Key level up move at the price of 67.000, we can find selling opportunities. The profit target is the 62.000...
H4 time frame. Structure: The price broke out of the triangle pattern and the 0.92000 resistance. Waiting for the price to retest 0.92000 or have a larger retracement towards 0.91700 and confirm the uptrend then buy setups with USDCHF can be found. The profit target is 0.92800...
H1 time frame. Structure: after breaking the uptrend, XAUUSD made a strong downward move from 1834 to 1783 but there was no confirming the downtrend on the 1-hour time frame. Now that the price has fallen near the support level of 1775, it is likely that when the price reaches this support level, there will be an upward move to form new highs and lows confirming...
H4 time frame. Structure: Downtrend. The price rallied to the 61.80 Fibonacci resistance zone of the previous downtrend. Divergence signal appeared and Key level at 0.85600. Wait for the price to break the Key level and confirm the downtrend, then you can look for selling opportunities with EURGBP. The profit target is the 0.84500 support...
H4 time frame. Structure: The uptrend in the ascending channel was broken after the price moved to the 1.38900 resistance zone. With a strong bearish move and no confirmation of the downtrend yet, it is advisable to wait for the price to clearly show a retracement confirming the trend. The possibility that the price will retrace to the 1.38200 price zone may look...
H2 time frame. The uptrend has been broken, Key level at 1800-1810 has been broken after a strong downward move. There is no confirmation of the downtrend at the moment, waiting for a retracement to confirm the trend. We can look for sell signals in the 1810-1812 zone. The downside price target is at support at...
H4 time frame. Structure: downtrend. The price broke the bullish consolidation triangle pattern. Waiting for confirmation of downtrend with USDJPY and sell signal. The profit target is the old support zone at 108,800. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
H2 time frame. Structure: Ascending channel. The price is currently at the confluence between the uptrend line and the support at 1.48600. Waiting for the price to confirm the bullish signal, it is possible to enter a buy order to continue with the ascending channel of EURCAD. The profit target is the 1,50000...
H2 time frame. HIgher time frame downtrend structure, price tends to rise to Key level 70.00 then price breaks the trendline. Price formed a double top reversal pattern with a divergence signal. However, the bullish structure remains and there is no bearish confirmation yet. Wait for the price to drop below the price of 67.00 and have a bearish confirmation to...
H8 time frame. Structure: The downtrend has been broken, Key level at 1.19000 has been broken. However, this strong bullish move has not yet confirmed the uptrend on the 8-hour timeframe. Wait for a retracement and confirmation of the uptrend to be able to enter a buy with EURUSD. After the price has confirmed bullish, the next move target is...
Daily timeframe. The price broke the medium-term downtrend structure. The bearish structure appeared divergence and the price broke Key level 0.71000. Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes. The profit target is the price zone of 0.73000 when the price has signaled to confirm...
H1 time frame. Structure: The uptrend is broken. The price has plummeted past the critical 1.25700 support with growing downside momentum. Here we wait for the price to retest to 1.25800 for confirmation as well as sell signal. Profit targets are the 1.24900 and 1.24300...
H4 time frame. Structure: Uptrend. The upside momentum is waning as the price approaches the critical resistance at 50000. In the bullish case, a clear move, as well as important confirmation, is needed to avoid a false breakout as the current bullish momentum is very weak. There is a high probability that the price will continue to move the Sideway between 46000...