My dear friends, My technical analysis for USOIL is below: The market is trading on 79.75 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 78.07 Recommended Stop Loss - 80.64 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
Similarly to the euro, the context is long. I'm ready to consider long positions from the London session low, with the target set at the previous day's high (PDH).
Good morning, yesterday's price action shifted the hourly context to long. To open long positions, I would like to see some compression below. My intraday target is the previous day's high (PDH).
GBP/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 189.809 Why we like it: There is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% and the 61.8% retracement levels Stop Loss: 188.999 Why we like it: There is a swing-low support that aligns...
USD/CHF could fall towards an overlap support and potentially bounce off this level to rise towards our take-profit target. Entry: 0.88214 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.87423 Why we like it: There is a pullback support level Take Profit: 0.89250 Why we like it: There is a...
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 150.805 Why we like it: There is a pullback resistance level Stop Loss: 151.421 Why we like it: There is a pullback resistance level Take Profit: 149.463 Why we like it: There is an overlap support level Please be advised...
The Pound (GBP/USD) is rising towards a potential breakout level and could make a bullish continuation towards our take-profit target. Entry: 1.27013 Why we like it: There is a potential breakout level Stop Loss: 1.26817 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement level Take Profit: 1.27323 Why we like it: There...
Entry price , Target already marked in the chart itself FYI. stoploss as per your risk mgmt Guys pls like, share and follow my ideas . Thank You and I wish everybody should win.
– Monday Daily candle closed extremely Bullish tapping into 2120.000 level as the Friday Bullish momentum continues. I’ll be looking for potential Buys above 2120.000 targeting 2130.000 and 2140.000 as strong Key Levels to be tapped in the anticipation for price to fill parts of the Rejection Wick on the Monthly timeframe. I’ll be looking for potential Sells below...
– Monday Daily candle closed strong Bullish around 191.000 below recent Daily Resistance formed on Tuesday 27th February 2024. I’ll be looking for potential Buys above 191.280 targeting Weekly Support formed on 27th July 2015 around 191.840 and next Daily Support formed on 10th August 2015 around 192.380. I’ll be looking for potential Sells below 190.730 targeting...
My dear friends, SILVER looks like it will make a good move, and here are the details: The market is trading on 23.361 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 23.033 About Used Indicators: Pivot points are a...
My dear friends, Please, find my technical outlook for EURGBP below: The price is coiling around a solid key level - 0.8565 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8556 About Used Indicators: The pivot point itself is...
The Aussie (AUD/USD) could rise towards a potential breakout level and make a bullish continuation towards our take-profit target. Entry: 0.65328 Why we like it: There is a potential breakout level Stop Loss: 0.65137 Why we like it: There is a pullback support that aligns close to the 50.0% Fibonacci retracement level Take Profit: 0.65529 Why we like it: There...
The Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 1.08580 Why we like it: There is a pullback resistance level Stop Loss: 1.08884 Why we like it: There is a pullback resistance level Take Profit: 1.07988 Why we like it: There is a pullback support that sits...
The CADJPY has recently confirmed a bearish breakout from a rising wedge pattern. This breakout follows a prolonged period of strong bullish momentum. With this bearish setup confirmed, we anticipate a retracement in price. Furthermore, a significant supply level has formed at the peak, suggesting increased selling pressure may ensue.
Entry price , Target already marked in the chart itself FYI. stoploss as per your risk mgmt Guys pls like, share and follow my ideas . Thank You and I wish everybody should win.
– Previous Weekly candle closed extremely Bullish above recent Weekly Resistances, Friday Daily candle also closed strong Bullish around 2082.900. I’ll be looking for potential Buys above 2088.500 targeting Asian session open formed back on 4th December 2023 around 2096.000 and the Pre Asian session formed on 4th December 2023 aswell around 2110.000. I’ll be...
– Previous Weekly candle closed Bearish forming Weekly Resistance around 190.630, Friday Daily candle closed weak Bullish around 189.850 forming weak Daily Support formed around 189.290. I’ll be looking for potential Buys above 190.310 targeting 4h Resistance formed at 190.870 and the previous Monthly High to be filled around 191.330. I’ll be looking for potential...