We can expect price to make a bounce from the pivot level in line with 61.8% Fibonacci projection and horizontal support towards the1st resistance in line with 38.2% Fibonacci retracement and 127.2% Fibonacci projection . Our bullish bias is further supported by stochastic indicator where %K is abiding to an ascending trendine support and bullish divergence was...
We can expect price to make a bounce from the pivot level in line with 61.8% Fibonacci projection and horizontal support towards the1st resistance in line with 38.2% Fibonacci retracement and 127.2% Fibonacci projection. Our bullish bias is further supported by stochastic indicator where %K is abiding to an ascending trendine support and bullish divergence was...
Utilising our POW reversal strategy for this trade an AUDCHF short. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too...
By hitting the orange and red levels, the price can move towards the targets marked in green You can take a risk with 1% of your balance If you like it, please comment and like me
Price broke past the ascending trendline support, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 61.8% Fibonacci retracement and 161.8% Fibonacci projection . Our bearish bias is further supported by the price holding below the Ichimoku cloud . Any...
Price broke past the ascending trendline support, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 61.8% Fibonacci retracement and 161.8% Fibonacci projection. Our bearish bias is further supported by the price holding below the Ichimoku cloud. Any...
H4 time frame. Structure: The uptrend has been broken. The price has confirmed the formation of a downtrend. Waiting for a retest to the 0.68400-0.68500 price level and the appearance of a bearish reversal pattern, you can find selling opportunities. The profit target is the 0.66700 price...
Price is near the sell entry price of 0.68206 which is also 23.6% Fibonacci level and 100% Fibonacci projection. Price can potentially dip to the take profit level of 0.67180 which is 78.6% Fibonacci retracement. Our bearish bias is supported by the ichimoku cloud indicator as price is trading below it. Any opinions, news, research, analyses, prices, other...
Hello Traders, This is just an analysis on the AUDCHF pair. I believe there will be buyers pressure soon but according to trading strategy it's not the right moment for taking the decision yet! Bullish signs for trades between 3 to 10 days: We are near a strong SNR level that touched so many times We previously seen HH and this could be our HL Bearish...
Price has recently tested the ascending trendline support and the buy entry price of 0.68316 which is also 50% Fibonacci retracement and 100% Fibonacci projection . Price can potentially bounce from the first support level to the take profit price of 0.69253 which is also the graphical swing high level. Our bullish bias is supported by stochastic indicator as it...
Price has recently tested the ascending trendline support and the buy entry price of 0.68316 which is also 50% Fibonacci retracement and 100% Fibonacci projection. Price can potentially bounce from the first support level to the take profit price of 0.69253 which is also the graphical swing high level. Our bullish bias is supported by stochastic indicator as it is...
Price is abiding to the ascending trendline support, signifying a bullish momentum. We can expect price to bounce up from pivot level in line with 78.6% Fibonacci projection towards the take profit level in line with daily resistance and 100% Fibonacci projection. Our bullish bias is further supported by the stochastic indicator %K line bouncing off the support...
Price is on a bearish momentum. We spot a double top, signalling a potential trend reversal. Our sell entry would be placed at 0.68714 in line with 61.8% Fibonacci retracement and our take profit is at 0.68137 which is an area of Fibonacci confluences. Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices, other...
Price is below the 1st resistance at 0.68887 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Price could possibly be forming the last leg of what is a possible double top pattern. It could potentially bearish from 1st resistance at 0.68887 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension to 1st support at 0.68312 in line...
Price is abiding to the descending trendline resistance on the daily, signifying an overall bearish trend , however, there might be a potential bullish trend breakout with the inverse head and shoulders spotted at the bottom of the descending trend. We can expect price to be bounce off from the Pivot in line with 23.6% Fibonacci retracement and 61.8% Fibonacci...
Price is abiding to the descending trendline resistance on the daily, signifying an overall bearish trend, however, there might be a potential bullish trend breakout with the inverse head and shoulders spotted at the bottom of the descending trend. We can expect price to be bounce off from the Pivot in line with 23.6% Fibonacci retracement and 61.8% Fibonacci...
Price is consolidating in a daily triangle. We see a potential for a sell entry at our Pivot at 0.69232 in line with 78.6% Fibonacci retracement towards our Take Profit at 0.683 which is a graphical swing low and in line with our ascending trendline. Technical indicators are showing bearish momentum. Alternatively, our stop loss is placed at 0.69520 in line with...
Price is holding above the daily ascending trendline, signifying a bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection , 38.2% Fibonacci retracement and graphical overlap support and push towards the take profit level in line with 61.8% Fibonacci projection and 50% Fibonacci retracement . Our bullish...