XAUUSD is being held down by its descending channel where a potential reversal at channel resistance 1313 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance) could occur, causing price to fall to its support at 1303 (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is making its way to its...
Sell below 9208. Stop loss at 9487. Take profit at 8447.
Reason for the trading strategy (technically):
BTCUSD is approaching its support at 9208 (38.2% Fibonacci retracement, horizontal overlap support) where we look to sell on weakness. We expect price to fall to its support at 8447 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback...
Buy above 0.7490. Stop loss 0.7421. Take profit at 0.7649.
Reason for the trading strategy (technically):
AUDUSD bounced nicely off its support at 0.7490 (100% Fibonacci extension, 100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap support) where we expect to see price rising to its resistance at 0.7649 (50% Fibonacci retracement, 38.2%...
DXY is testing its resistance t 92.61 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) where price could potentially react off and fall to its support at 90.95 (50% & 38.2% Fibonacci retracement, horizontal swing low support). We do have to be cautious of the intermediate support at 91.89 (38.2% Fibonacci retracement,...
DOLLAR/FRANK
New trading suggestion:
There is possibility of temporary retracement to suggested support line (0.9440), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Total Profit: 3056 pip
Closed trade(s): 508 pip Profit
Open trade(s): 2548 pip Profit
Trade Setup:
We opened 10 BUY...
DOLLAR/FRANK
New trading suggestion:
There is possibility of temporary retracement to suggested support line (0.9520), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Total Profit: 3203 pip
Closed trade(s): 899 pip Profit
Open trade(s): 2304 pip Profit
Trade Setup:
We opened 10 BUY trade(s)...
The market first broke through the black cloud. Black clouds mean a big trend.
After the market first breaks through the black clouds, the price is adjusted to some extent to regain its place. baselines and Tenkan lines of Ichimoku cloud have features that are priced after the market price moves first.
If, after the five waves of the climb and the three waves of...
FRANK/YEN
New trading suggestion:
There is possibility of temporary retracement to suggested resistance line (112.95), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Midterm forecast:
While the level 112.95 is not broken, the Midterm wave will be downtrend.
Price may also reach 112.95, if...
E.T 30M for ECB Monetary Policy Meeting Accounts to take place,
we're expecting a bullish move as BUYERs are ready to swing in!
Technical Bias, Dynamic support at 1.2299 (where we'll buy)
in accordance with 200D WMA Bounce off expected (Chart TYPE - H4)
Two Targets with 1.2408 & 1.21645
where Stop loss would be 1.22414
GOODLUCK!
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 80.55 would begin in Midterm.
Technical analysis:
A trough is formed in daily chart at 81.65 on 04.02.2018, so more gains to resistance(s) 84.25, 84.75, 86.05 and more heights is expected.
Price is above WEMA21, if price drops more, this...
Total Profit: 2270 pip
Closed trade(s): 766 pip Profit
Open trade(s): 1504 pip Profit
Trade Setup:
We opened 11 SELL trade(s) @ 134.06 (day close price) based on 'Peak' at 2018.02.07 signaled by our "Daily Trading Opportunity".
Closed Profit:
TP1 @ 133.25 touched at 2018.02.08 with 82 pip Profit.
TP2 @ 131.65 touched at 2018.02.14 with 242 pip Profit....
New trading suggestion:
There is possibility of temporary retracement to suggested resistance line (83.50), if so , traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
We will close our open trades, if the Midterm level 83.50 is broken.
Total Profit: 8358 pip
Closed trade(s): 3623 pip Profit
Open trade(s):...
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.5915 to 1.6105), if so , we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Total Profit: 3480 pip
Closed trade(s): 240 pip Profit
Open trade(s): 3240 pip Profit
Trade Setup:
We opened 13 SELL trade(s) @ 1.5970 (day...
