I think best is to wait for a pullback, then enter for a long trade. Please see below my thoughts: - it broke the 4h downward trendline - it broke the 1h downward trendline - I see a 15m fair value gap which still has to be filled - the above is in a Fibonacci golden zone I'm looking for a trade after I see some good pullback and confirmation. For example the 5m...
Looking for opportunities to enter buy position. Here are my thoughts: - price is at a support zone - price is in fibonacci golden zone for long entry - divergence is seen on 4H timeframe If support zone is broken, I think price will further drop to next support level. Always wait for confirmation before entering!
I see bullish move for CADCHF: - It broke the downward trendline - It made a fib retracement into the golden zone - Bounce on 4H/Daily/Weekly support Next targets: - TP1: 0.65277 - TP2: 0.65450 - TP3: 0.66000
I did a MTF Analysis on AUDJPY. Here are my thoughts. After confirmation on lower timeframes, you can enter a long trade till the next hourly resistance around 94.150 Short trade at the same key level to the next support level around 93.900. Take a look at the right chart, you can see the daily chart. I draw a fibonacci from last swing low to next swing high. I...
I expect Bullish move for GBPJPY. - Downward trendline is broken - Double bottom is confirmed - Retest the 0.5 Fib level Currently it is retesting the resistance level. When this is broken and price closes above 184.200, I see more bullish possibilities for GBPJPY with multiple Take Profit levels as shown on the chart. Happy Trading!
Please see the chart for key levels for: Weekly Daily 12H, 8H, 4H, 1H Also 2 suggestions for long and short position. Happy Trading!
Please see the chart for key levels for: Weekly Daily 12H, 8H, 4H, 1H 15M, 5M Happy Trading!
Please see the chart for key levels for: Weekly Daily 12H, 8H, 4H, 1H 15M, 5M Happy Trading!
Multi-timeframe analysis for XAUUSD. - it broke down the weekly trendline - possible small correction for continue falling down.
Long Bias on AUDUSD - It's on a key level, major support level ahead - Watch the price 0.64660 for entry. Always wait for confirmation.
Bearish bias for AUDCAD It broke the 4H Support level, after retest watch for a drop Also the PA Momentum is printing bearish color
I have a longterm bias for EURUSD. Uptrend Fib retracement Bullish PA Momentum on weekly
GBPCAD short bias: - hit rejected the weekly resistance level - it broke down the 4h uptrend trendline - it is now retesting the 15m timeframe resistance level. I expect it to drop around 64 pips. Also possible to drop 100+ pips after break of hourly support level (cyan colored at the bottom).
Short bias on USDJPY It broke the daily trendline, waiting for retest at two possible points: 1. Resistance on 15m timeframe and daily pivot level. 2. Between 0.5 and 0.618 fibonacci retracement. I see possibilities of reaching 141.50 Always wait for confirmation before entering any position. Good luck!
I see 2 possible entry points for long entry. 1. Bounce on 15m timeframe support, also uptrend trendline on 1 hour timeframe + bounce on daily pivot. 2. After break of Resistance on 1 hour timeframe, new entry when retraced back down.
These are important levels to watch on BTCUSD. In the long run, BTCUSD will be bullish. If break of falling trendline, and possible retest, BTCUSD will jump to the sky.