USDJPY is get to support at the 145 level, this time price checked again get support at 145 level. If the minor resistance line can be break , usdjpy can continue grow and reach 147 level.
Hello my Fellow TraderZ, Hope you guys are doing well in the Chippi-Choppy Market. The most important points to be noted in such Corrective Market or BEAR Market are 1. Save the Capital (always think 2x/3x before putting the Money). 2. Build the Capital (Trade small or consolidation ranges). 3. Deploy the Capital (Have patience and see the reversal structure of...
After the breakthrough of the support bar, and making LL and LH, the price indicates it will be bearish. There's a high possibility of reaching the crossover with the minor and major pitchfork median line. Stop loss at the recent LH and take profit on the crossover. #idea
Today I am trading a possible Order block setup on EUR/USD in the 4-Hour time frame. Looking left, we can see that we had 4 wicks touching the previous support level. We then had a candle push through and close below that level. This setup is very similar to yesterday's post on AUD/USD. The same rules for the position have been met. I looked for the most...
GBPUSD test the level of 1.17500 and show a fall, and it looks like it has broken the level of 1.16800, which was a strong support on the 4-hour chart. Today, GBPUSD will check 1.16800 and continue to fall.
Hello traders 👋 EURUSD broke 1.0000, which was the support line in the previous strong decline. As for EURUSD, the closest support can be around 0.97600, so there is little risk of opening a short trade. Note how strong the DXY is growing
Short Call! SKILLING:XTIUSD Hello! The potential support zone broke! Trail your SL along the way! Your feedback would be appreciated! Best of Luck!
GBPJPY broke the structure and now back at retest look for bearish confirmations on lo weer time frames and enter sell with your own money management
GBPJPY Technical Analysis 22.07.2022 1h chart – Previous Daily candle closed Bearish at 164.760 filling the previous Daily bottom wick. – Buys on close above 165.200 targeting Weekly / 4h Strong Resistance at 165.850 leaving Runners to Daily / 1h Strong Resistance at 166.140. – Sells on close below 164.550 targeting 4h Strong Support at 164.170 leaving Runners...
the price had a rejection from the weekly resistance from 1.30$ area as I told you in my previous analysis. Now the price is testing the 0.382 Fibonacci level as new support. We could see a local bounce from it, but IF the price is going to lose the current support we could see 1$ again. How to approach it? IF the price is going to lose the support and retest as...
The price bounced new the weekly support on 0.09 as I told you in my previous analysis. After the bounce the price tested the daily resistance on 0.5 Fibonacci resistance as I told you in my previous Long idea. At the moment the price is creating an ascending channel and it's testing the 0.382 Fibonacci level on 4h Timeframe How to approach it? IF the price is...
The price had a breakout from the rising wedge as I told you during the last idea (clear 9$). Now the price is testing the dynamic support above 0.44$ How to approach it? IF the price is going to have a breakout from the support and retest as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure ->...
RSI Bullish divergence present, we should see a backtest of the 19900 support (2017 bullrun peak) continued by a nice rally reaching around 23000, testing that level as resistance for the first time since the start of the 2020 bull market.
The price got a rejection from the 0.786 Fibonacci level after a bounce from the daily support at 190$. The price is testing the 4h support on 210$ How to approach it? IF the price is going to have a breakdown from the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure ->...
After the bearish move as I told you on my previous idea, the price is testing the daily support on 210$. The market is creating a bottom on it and after the first rejection, the price is going to retest again the 4h resistance. How to approach it? The price needs to create a new bullish impulse and flip the current resistance into new support, According to...
The price is testing the monthly support on 110 $ level, it's a key level. On the daily timeframe the price got a rejection from the 0.618 Fibonacci level, it's a key level for the market and now the price is testing the previous support. How to approach? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice...
$Sol broke $35.5 yesterday and is heading down to the next support at $24.4. That's the first level you need to watch for longs. I’m expecting the rock bottom at below $20. Weekend’s moves usually are misleading, so it’s better to wait for a confirmation before place any order.
Price action around 1867.64, which represents 38.20% Fibo from the decline that began on April 18th, is bearish. Price formed a descending triangle and broke below levels of support 1840, indicating that the decline will continue. However, due to weak momentum on shorter timeframes, we may see a pullback to test 1840 as resistance levels (where we could short)...