COINBASE:ETHUSD is moving towards some major levels in time and price. We have the equal time and price with the August 2022 high, April 2023 high giving us a potential high around the 17th of December. There are double 1.27% Extension areas from those previous 2 highs around 2300. The 382 from the ATH @ 2400 and if we break that then the 2600 level will be...
LINKUSDT is testing a key level at the $9.1 area, where the market has previously encountered resistance. This level is important because it has acted as a significant point of resistance in the past, and traders will be closely watching the price action to see if the level is broken. If the price of LINKUSDT is able to break through this key level and establish...
FX:AUDUSD Bullish movement on AUDUSD. Price broke above the Daily resistance and made a pullback to retest at the previous resistance now turned into support. Price even retraced to the 38.2% Fibonacci retracement. An engulfing candle on the lower timeframes (30min,15min) is confirmation to go long on AUDUSD
FX:GBPUSD A break and retest on GBPUSD, which breaks bullish structure. A bearish engulfing candle as a confirmation candle to go short on GBPUSD.
FX:AUDUSD Break and retest on AUDUSD to go short, with the bearish engulfing candle as an entry confirmation.
CURRENCYCOM:US100 Nasdaq is moving bullish after breaking out of a resistance level and retesting on the same resistance it broke out, turning it into support. Price retraced at the 38.2% Fibonacci retracement level and a bullish engulfing candle to create a high confluence setup for a buy on Nasdaq.
OANDA:XAUUSD also had a nice rally on friday. Now we look at how it reacts on Monday. Ideal scenario would see us get a 382 retracement back to the 1643 area to then look for the equal leg ABCD towards 1680 and potentialy a move to the 61.8% 1733 and beyond. But as we are in a down trend we need to be selling any ABCD Retracements. Another one to watch early Monday. 👍👍
FX:EURUSD had a nice reversal on friday and now looks to be headed above parity again before we see more selling come in again with a move that could take us to new lows again. Monday I will be looking for a high to come in then look for the first retracement to Buy. Ideal scenario would see us come back to 0.9800 around the 382 then rally from there. A big...
Short position @ peak of right shoulder from a bearish Head and Shoulders Top formation. TP1 38.2%; TP2 14.6% Fibonacci Retracement levels.
FX:USDCAD on the longer time frame it looks as though we are heading a lot higher towards 1.3000 - 1.3300 areas. 1.3026 is the 382 from the 2020 high. This is also the area where the ABCD will finish from October last year. There is also the bigger ABCD from June last years low. Once these patterns finish later in the year there could be another big sell off....
OANDA:AUDUSD AUDUSD broke bearish structure, made a retest at a support level. Anticipating a bullish move on AUDUSD for the entire week.
COINBASE:BTCUSD has the possibility of one more low. The last low wasnt a massive volume spike so thats why im looking one more low to shake a few more out. AB=CD completes at 12500 at around the 89% level from the ATH and the 2020 low.. Interesting couple of weeks ahead..
NASDAQ:AAPL has had a 3 week rally into the 382 from the March high. This rally has been weak with lower volume again on this last 6 day rally. This is where time and price line up perfect. If it gets above 152 then there could be a bigger move to the upside coming. Being the biggest stock in the US Stock market then it has a bit of pull where things will go...
OANDA:AUDUSD AUDUSD broke structure and price is respecting at 38.2% Fibonacci retracement level with wick rejections for a short setup
OANDA:AUDUSD AUDUSD broke out of the key level of support,made a retest at 38.2%, made a bearish engulfing candle These confluences give a good bearish setup
Here is a key level to watch in the GBP/USD as we roll into the final trading week of May: Weekly 38% Fibonacci Retracement, 1.2592 Here's the trade: 1) Sell GBP/USD @ 1.2584 2) Stop Loss @ 1.2629 3) Profit Target @ 1.2546, 1:1 risk vs reward
Triangle breakout on this H1 chart volume decreasing with Chaikin Money Flow falling below zero. 38.2% Fibonacci Retracement key level to watch for retest. Big show of weakness. Big selling pressure. 14.6% Fibo target maintained in confluence on this triangle pattern. 2nd target below on AB=CD pattern in confluence with local support as we can see in my last update today.
A key resistance level is in view for the EUR/USD: Weekly 38% Fibonacci Retracement, 1.0920 Here's the trade: 1) Sell 1.0914 2) Stop Loss @ 1.0954 3) Profit target @ 1.0874, 1:1 risk vs reward