The British Pound, following our yesterday forecast it's inside a bearish channel in the lower timeframe and a narrow/ sideways area in the higher. The price had a double rebound on the 61.8% Fibo inside the channel and today the US economic news may be crucial for all the pairs against USD to understand the next movement for the end of the year. Key events: ...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4049.00 Pivot: 3914.00 Support: 3757.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue...
Title: Copper Futures (HG1!), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 3.9600 Pivot: 3.6885 Support: 3.5545 Preferred case: Looking at the H4 chart, my overall bias for HG1! is bearish due to the current price crossing above the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head back...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 673.75 Pivot: 651.25 Support: 638.25 Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect...
Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 650.00, where the 50% Fibonacci line is. Stop loss will be at 644.00, where the recent swing low is. Take profit will be at 660.00, where the previous swing high is. Please be...
Looking at the H4 chart, my overall bias for ZW1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a possible sell stop entry at 745.75, where the 23.6% Fibonacci line is. Stop loss will be at 761.50, where the 78.6% Fibonacci line is. Take profit will be at 731.25, where the -27.2% Fibonacci expansion...
HELLO GUYS THIS MY IDEA 💡ABOUT USDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the sellers from this area will be defend this SHORT position.. and when the price come back to this area, strong sellers will be push down the market again.. DOWNTREND + SUPPORT from the past + Strong volume area is my mainly reason...
(Bloomberg) -- A looming recession, runaway inflation, an energy crisis in Europe and a euro that’s sunk to near parity with the dollar: corporate earnings worldwide face a laundry list of challenges this season that could create another reason to dump stocks. After a tumultuous first half for global equities, with $18 trillion in value wiped out, investors are...
Looking at the H4 chart, my overall bias for DJI is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a sell entry at 33418.59, where the previous low is. Stop loss will be at 33899.17, where the 61.8% Fibonacci line is. Take profit will be at 32485.23, where the 161.8% Fibonacci extension line is. Please...
USDCHF on the 4h chart after test of the weekly support bounced for a second time over the structure. The price is now testing a confluence zone between a descending trendline and a resistance area. How can i approach this scenario? According to Planctonìs strategy IF the market will break above i will set a nice long order according to the Plancton's strategy...
For the fourth day, we see sideways movement in EURUSD. This gives an opportunity to sell from the upper side of the range, after a pullback. Confirmation of the downward movement will be seen when the bottoms are broken and directed towards 1.0518. Before that, sales remain risky and should be using smaller lot size or trade other instruments!
According to my strategy and analysis, these are the important levels to trade today. Make the plans accordingly. This range is significant because it acts as support sometimes and resistance sometimes. This range will be valid till the opening of the US market (i.e. Nasdaq 9:30 am). After 9:30 am this range will not be valid)
Based on the H4 chart, my overall bias for the AUDUSD is bearish because the current price is below the Ichimoku cloud, indicating a bearish market. We're looking for a sell entry at 0.66795, the previous low. The stop loss will be at 0.67441, which is the recent high and the 23.6% Fibonacci line. The take profit level will be 0.65848, which is the previous...
Looking at the H4 chart, my overall bias is bullish for EURUSD because the current price is above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy stop entry at 1.06581, which corresponds to the 50% Fibonacci line and recent highs. The stop loss will be set at 1.05758, the recent low. The take profit level will be 1.07363, which is the...
Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 110.85, where the 38.2% Fibonacci line is. Stop loss will be at 96. 40 , where the 78.6% Fibonacci line is. Take profit will be at 137.66, where the 50% Fibonacci line is. Any opinions,...
Looking at the H4 chart, my overall bias for XAUUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 1807.835, where the 23.6% Fibonacci line is. Stop loss will be at 1798.775, where the 50% Fibonacci line is. Take profit will be at 1824.515, where the previous swing high is. Any...
Looking at the H4 chart, my overall bias for GBPUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my pullback sell entry at 1.21808, where the 78.6% Fibonacci line is. Stop loss will be at 1.22419, where the recent high is. Take profit will be at 1.20294, where the 127.2% Fibonacci extension...
Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my pullback sell entry at 1213.77, where the 50% Fibonacci line is. Stop loss will be placed at 1351.05, where the recent high is. Take profit will be at 1073.42, where the recent swing low...