Lock in your entry for USD/JPY at 155.12, perfectly poised at the 61.8% Fibonacci retracement and just steps away from the 100-period EMA at 155.16. This convergence offers a strong technical base for a bullish reversal, in line with the ongoing bullish sentiment in the market. The precise entry point boosts the risk/reward ratio, making it an excellent...
We're planning to enter a short position on USD/CAD at 1.3635 zone, aligning with the 50% Fibonacci retracement level. The trend of lower highs is prominent, with resistance near 1.3670. The short-term RSI is declining, indicating reduced bullish momentum. Confirmation of bearish momentum will be seen if the price breaks below 1.357 . Our target for this move is...
We look to Sell at0. Planning to enter a short position on AUD/USD at 0.668, where the price action is showing signs of resistance and the market conditions indicate overbought levels. This strategic entry is aimed at capitalizing on the expected downward correction. The target for this trade is set at the 61.8% Fibonacci level at 0.6558, aligning with a key...
We look to Buy at 0.6593 which is 61.8 Fibonacci level also the ema level Spotlighting a strategic long opportunity in AUD/USD at the 0.6593 mark, aligning precisely with the 61.8% Fibonacci retracement level and closely supported by the 100-period EMA. This confluence zone not only highlights a significant technical juncture but also reinforces our medium-term...
We are setting a buy target at 1.362 for USD/CAD, identified as a key pivot support on the daily chart, where recent indecisive price action has led to sideways congestion. This level presents a strategic entry point, anticipating a potential reversal. The confirmation of bullish momentum will be signaled by a breakthrough above 1.365. Current trading levels...
Current analysis of EUR/USD reveals a robust short opportunity as the pair encounters significant resistance near the 1.0780 level, corroborating previous structure highs. Anticipating a pullback, I have entered a short position. The strategy is anchored by a decisive take profit point at the 61.8% Fibonacci retracement level at 1.0749, which historically...
Price is on a major resistance as you can see on the chart, RSI is also overbought. Stop loss and Take profits are on the chart. This will be affected by major economic news. Stay updated.
Also the bulls are in control the daily timeframe shows a turn around is possible on the 2h time frame sell entry is at 0.659 which is 0.382 Fibonacci level I expect a fall back in that zone take profit is 0.655 which is a previous low of a wick, stop loss is right above resistance level. Stay updated
Capitalizing on a prime long entry for AUD/USD at 0.65816, chosen at the 38.2% Fibonacci retracement level. This entry is strategically strengthened by its proximity to the 100-period EMA at 0.6575, establishing a robust confluence of technical support. The prevailing market trend showcasing higher highs and an anticipated minor retracement underscores the...
Retails news dropped the pair by at least 40 pips today, but there is no confirmation the trend has changed not until pass break throw 0.6475 We buy at fibo level 0.6505 zone stop loss and take profit are on screen stop loss is a recent high few days ago take profit is a resistance level
Our last trade on this pair went exacly as expected, I look to buy at the 0.618 Fibo level , there is not sign of the bullish coming to an end The sequence for trading is higher highs and lows Stop loss 0.651 Tp 0.6585 which is a resistance level
Earlier although the GDP came lower than expected price went down favoring EURUSD but this was all a fakeout for buyers to find entry, same thing for tomorrow even if the numbers favor the USD, it will not change the overall trend. I look to buy at 1.070 that is a 0.618 fibo level Stop loss 1.0675 pivot support Take profit options, these are all daily...
We look to buy at the 0.5 fib0 level 0.6505 - 0.6517 zone stop loss and take profits are on the screen. Daily, 4h time frame are all bullish keep updated with me because I will post some updates on the mind.
Price is at resistance on all major time frame, 4h, daily and weekly Market sentiment is 90% short divergence on the weekly timeframe which give us a much better view of the overall trend stop loss 194.40 which is pivot support for daily time frame Take profits level: 192.825 193.219 193.462 Good luck!! feel free to contact me for any question about my trades.
Previous support 1.37 now becomes resistance we look to sell there 1.37 zone Further downside is expected The RSI is trending lower Profit level is previous resistance 1.36 Tp 2: safe profit 1.365
Sell at 0.618 Fibo level which is 99. the bearish trend will continue at this pullback. Tp 1 98.5 which is a pivot level of support Tp 2 98. which is a 1h candle low you see on the screen.
Sell at Fibo level of 0.382 ( 0.642) Stop loss: 0.646 Take profit: 0.636 Take profit: 0.634
Price is at a 4h resistance I posted a trade on this pair earlier, resulted in 25 pips price is getting ready to enter our entry again sell zone 1.6588 sl .163 profit 1.653 risk management