Preference: On the H4, with price bouncing off the ichimoku cloud and moving in an ascending trend channel, we have a bullish bias that price will continue to rise from the pivot at 26880 in line with the pullback support and 50% fibonacci retracement to the 1st resistance at 28410 in line with the multiple swing high and 100% fibonacci projection . Alternative...
On the H4, with price bouncing off the ichimoku cloud , we have a bullish bias that price will continue to rise from the 1st support at 110.86 in line with the pullback support and 38.2% Fibonacci retracement to the 1st resistance at 123.56 at the horizontal swing high in line with the 78.6% Fibonacci projection . Alternatively, price may reverse off the 1st...
On the H4, with bullish divergence on the RSI , we have a bullish bias that price will rise from our 1st support at 0.95566 where the horizontal swing low support is to our 1st resistance at 0.97231 in line with the horizontal swing high resistance and 38.2% Fibonacci retracement . Alternatively, price may break structure and head for 2nd support at 0.94129 where...
On the H4, with price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop to our 1st support in line with the horizontal pullback support from our 1st resistance is where the pullback resistance is. Alternatively, price may break structure and head for our 2nd resistance in line with the horizontal swing high resistance...
On the H4, with expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our 1st support at 1.27639 in line with the horizontal pullback support from our 1st resistance at 1.29710 where the pullback resistance and 78.6% Fibonacci retracement is. Alternatively, price may break structure and head for our 2nd resistance in...
On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our 1st support at 117.14 where the horizontal swing low support and 50% Fibonacci retracement is to our 1st resistance at 123.12 in line with the horizontal swing high support. Alternatively, price may break structure and head for 2nd support where the...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the sell entry at 246.92 in line with the pullback resistance and 23.6% fibonacci retracement to the take profit at 231.18 in line with the 61.8% fibonacci projection and -27.2% fibonacci expansion . Alternatively, price may break the entry structure and rise...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the sell entry at 1.21080 in line with the pullback resistance and 23.6% fibonacci retracement to the take profit at 1.17672 in line with the 78.6% fibonacci projection and 61.8% fibonacci projection . Alternatively, price may break the entry structure and rise...
On the H4, with RSI moving along an ascending trendline and breakout from descending channel , we have a bullish bias that price will rise from our buy entry at 678.01 where the horizontal overlap support and 61.8% fibonacci retracement are to our take profit at 821.99 in line with the pullback resistance, 61,8% Fibonacci retracement and 38.2% fibonacci...
On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our sell entry at 1.23903 where the horizontal overlap resistance is to our take profit at 1.21663 in line with the 78.6% fibonacci projection and swing low support. Alternatively, price may break entry structure and head for stop loss at 1.24625 where the...
On the H4, with price moving above ichimoku cloud , we have a bullish bias that price will rise from the buy entry at 7.48 in line with the 78.6% fibonacci projection to the take profit at 10.24 in line with the 50% fibonacci retracement at the swing high. Alternatively, price may break support structure at the entry and drop to the stop loss at 6.73 in line with...
On the H4, with price bouncing off the ichimoku cloud , we have a bullish bias that price will rise from the entry at 50787 in line with the 78.6% fibonacci projection to the take profit at 51744 in line with the 50% fibonacci retracement and 61.8% fibonacci projection at the swing high. Alternatively, price may break support structure at the entry and drop to the...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the sell entry at 0.64770 in line with the 61.8% fibonacci projection to the take profit at 0.62918 in line with the 78.6% fibonacci retracement and swing low. Alternatively, price may bounce off the entry and rise to the stop loss at 0.65641 in line with the...
With RSI moving within a downtrend channel , we have a bearish bias that price will drop to our take profit at 246.88 where the horizontal swing low support is from our sell entry at 275.80 in line with the horizontal overlap resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement . Alternatively, price may break entry structure and head for stop...
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 132.512 where the horizontal swing low support is to our take profit at 134.450 in line with the 161.8% fibonacci extension and 78.6% fibonacci projection . Alternatively, price may break entry structure and head for stop loss at 131.277...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the sell entry at 29365.47 at the swing low in line with the 61.8% fibonacci projection to the take profit at 27331.52 at the horizontal swing low. Alternatively, price may reverse off the entry and rise to stop loss at the overlap swing high at 32245.44 in...
On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will continue to rise from our entry at 27760 in line with the overlap swing high to our take profit at 28410 in line with the 127.20% fibonacci expansion at the swing high. Alternatively, price may reverse and break the support level at...
On the H4, price recently broke out of the ascending trend channel and is in a bearish pressure area indicated on our MACD indicator, which supports our bearish bias that price will drop from the sell entry at 0.71718 at the overlap resistance to the take profit at 0.70077 in line with the 61.8% fibonacci projection and 61.8% fibonacci retracement . Alternatively,...