TSRI Strategy: NZDUSD to bounce higherTimeframe: H4
Trend: Continuation of the uptrend
Support/Resistance: Look for the price to bounce off the support, and the bullish trendline which coincides with the 50% Fibonacci retracement level.
TSRI MACD: Crossover to signal buying opportunity
SL: 20 pips below the support level.
TP: 100 pips at the resistance level.
TSRI
TSRI Strategy: NZDUSD heading lower?Timeframe : H4
Trend : Possible breakout of consolidation to trade lower
Support/Resistance : Look for break of the bullish trend line and support level of 0.6090 (confluence with the 38.2% Fibonacci retracement level)
TSRI MACD : Crossover to signal selling opportunity
SL : 30 pips above resistance
TP : 90 pips at previous swing level and area of 61.8% Fibonacci retracement level
TSRI Strategy: More pain for BTCUSD?Timeframe : H4
Trend : Continuation of the downtrend since 7th June 2024.
Support/Resistance : If BTCUSD is resisted by the 23.6% Fibonacci retracement level at 61718, the price could continue trading lower.
TSRI MACD : No crossover to signal selling opportunity yet. But MACD line converging with volume (histogram) decreasing.
Next key support is at 56847
TSRI Strategy: GBPUSD heading lower?Timeframe : H4
Trend : Continuation of the short term downtrend
Support/Resistance : Look for break of the bullish trend line and support level of 1.2645 (confluence with the 38.2% Fibonacci retracement level)
TSRI MACD : Crossover to signal selling opportunity
SL : 40 pips above resistance
TP : 110 pips at 61.8% Fibonacci retracement level
TSRI Strategy: EURUSD double bottom at 1.07?Timeframe: H4
Trend: Possible reversal from the short term downtrend
Support/Resistance: Supported by bullish trendline, look for breakout of resistance
TSRI MACD: Crossover to signal buying opportunity
SL: 30 pips below resistance
TP: 170 pips at next resistance
Possible close at 61.8% Fibonacci retracement level