kuroSoraFX

kuroSoraFX

Currently in a M30 pennant just under significant resistance shown on H1. Expecting a break to the downside here which would further confirm the 0.618 fib retracement. targeting -0.272 retracement level for TP

kuroSoraFX

On a macro scale we can see we're under a macro trendline which has been unbroken since 2009 + 2 weekly 200MA and a major weekly pivot point. otherwise, we're still trading in an ascending wedge (bearish pattern) and we'll just have to wait for some proper bearish confirmation of a break to the downside. This would yield at least a retest of the lows. the other...

kuroSoraFX

We have recently broken into new highs and a nice simple retest and rejection, expecting pretty strong bullish continuation potentially for the next few weeks so I'm keen on GBP longs at the moment. Current trade: Entry - 1.2482 SL - 1.2355 TP - 1.2752 RR - 2.15:1 Let me know what you guys think and if you enjoyed then please consider leaving a like and...

kuroSoraFX

Short term we have fallen below local support and we have already tested and are currently falling away. I am somewhat expecting another retest before further downfall however I managed to enter a position on the first touch. Entry - 0.8754 SL - 0.8787 TP - 0.8650 RR: 3.22:1 Let me know what you guys think and if you enjoyed then please consider leaving a like...

kuroSoraFX

Smaller support turned potential resistance overhead. Will we waiting to see PA around resistance level. We also have the Fibonacci Golden Pocket reinforcing the resistance zone. Entry - 1.8052 Sl - 1.8116 TP - 1.7863 Let me know what you guys think and if you enjoyed then please consider leaving a like and following, thanks.

kuroSoraFX

currently waiting for retest of the previous high resistance level on H4 chart. Also provided support from Fibonacci Golden Pocket and lower time frame EMA Entry - 0.6068 SL - 0.6024 TP - 0.6197 RR: 3:1 Let me know what you guys think, if you enjoyed then please consider leaving a like and following, thanks

kuroSoraFX

Earlier this morning we had a nice run up to the $7,100 level before promptly being stomped back down by the upper trend line. Since then, we have fallen straight through yesterday's descending triangle. As of now we are currently a little bit overextended in a pennant formation. Therefore I feel as though we may have a chance to break upwards and retest the lows...

kuroSoraFX

Over the last week or so we've seen all major indices rallying like crazy despite all the negative news and ongoing issues with covid-19. However, I think that the rally may be coming to a close shortly. As of today It's currently Easter Monday in Australia so the markets are closed. In this chart we can see: - Potential bearish pennant coming to the apex -...

kuroSoraFX

As we can currently see, bitcoin has recently had a minor correction from the $7,400 level to $6,880 at the time of making this post. In this $6,880 zone we are placed directly on a heavy support zone short term. Should we happen to fall below $6,700 , I will be targeting $6,400 followed by $5,800. At the moment we can see that we are being held down by: - weekly...

kuroSoraFX

- Currently overextended on H4, H2, H1 on stochastic - H1 shows ascending triangle (bearish pattern) - H4 being held down by 200 EMA - Price is currently being rejected by Fibonacci Golden pocket - Potential Head and shoulders forming on H4 SL - 0.8735 TP - 0.8740 Let me know what you guys think. If you enjoy these ideas then please consider liking and following...

kuroSoraFX

Another break and retest confirmed with: - H1 EMA 50 - Fibonacci Golden pocket - Previous S/R Entry - 0.8345 SL - 0.8399 TP - 0.8231 Let me know what you guys think and if you enjoyed then please consider liking and following, thanks

kuroSoraFX

Simple break and retest of previous support. Currently held down by: - H1 EMA 50 - Previous S/R - Fibonacci golden pocket Entry - 0.8547 SL - 0.8597 TP - 0.8432 Let me know what you guys think and if you enjoyed then please consider liking and following for more, thanks

kuroSoraFX

Clear H1 downtrend, currently being rejected from trendline resistance, fib golden pocket, previous support and resistance and H1 50EMA + M15 200MA current entry - 105.750 SL - 105.850 TP - 105.340 Let me know what you guys think and if you enjoyed then please consider leaving a like and following for more, thanks

kuroSoraFX

While trading price action and patterns on the charts can alone be quite profitable. However, in this post I hope to stress the importance at looking at more than one chart and understanding the correlation between assets. There are many cases in which foreign exchange assets for example are heavily influenced by indexes and commodities. Some important examples of...

kuroSoraFX

Currently have a throwback entry position currently seeing exhaustion and indicating that we should fall lower once again. Bearish arguments: - Previous S/R - M15 150 EMA resistance - 0.382 Fibonacci level -3 rejection wicks at S/R Current entry - 117.582 SL - 117.975 TP 1 - 116.95 TP 2 -116.420 RR: 2.9:1 Once TP 1 is hit i will sell 1/3 of my position and move...

kuroSoraFX

Currently breaking through the neckline, I will be waiting for a retest and rejection of the neckline and adjusting tighter stops based on the pivot point. Current points of interest: entry - 0.5913 SL - 0.5937 TP - 0.5797 Let me know what you guys think and if you enjoyed then please consider liking and following for more, thanks.

kuroSoraFX

We recently saw a break to the downside from a smaller H1 descending triangle and are currently waiting for a retest and rejection from the 119 zone. Current examples of bearish confluence around 119: - 0.5 Fibonacci retracement - Previous support from triangle - Resistance from downtrend - below H1 EMA 50-200, 50 EMA looking to be resistance Entry - 118.95 SL -...

kuroSoraFX

currently witnessing a break and retest of the EUR uptrend that has held since 21/3. Current bearish arguments: - break and retest of H1 trendline - rejection from 0.5 Fibonacci - Held down by H1 EMA 50 - Held down under previous Support and resistance Entry - 1.1030 SL - 1.1075 TP - 1.0867 RR - 3.5:1 Let me know what you guys think and if you enjoyed then...