USD/CHF inside a Bearish channel, yesterday the price push the value of this currency inside the Fibonacci level of attention between 50 and 61.8% where it's present a resistance area and the stochastic reached the Overbought area where may we'll see a reversion. Our Forecast is about a Short setup.
USDCHF - Intraday - We look to Sell at 0.9495 (stop at 0.9519) Our short term bias remains negative. Daily signals are bearish. Trend line resistance is located at 0.9500. Bespoke resistance is located at 0.9500. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 0.9435 and 0.9425 Resistance: 0.9460 /...
GBPUSD - Intraday - We look to Buy at 1.2075 (stop at 1.1990) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has the potential to return. The trend of higher lows is located at 1.1900. The preferred trade is to buy on dips. Our profit targets will be 1.2325...
Details on chart - looking for more sells to retest new LL
In this video we update our strategy for managing the EUR/JPY position that we took on Sunday as well as looking at some potential structures that could provide significant impulsive moves over the coming 24 hours. Certainly some exciting times ahead. Let me know your thoughts?
remember the analysis i made yesterday on selling from 1799 down to 1785 limit, now it's touch down below to make a retest at 1782 limit or above so let's open a buy trade now......
Title: Oats Futures ( ZOK2022 ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 745.500 Pivot: 613.250 Support: 665.000 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to head back down the...
Title: Cocoa Futures ( CCK2022 ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 2500 Pivot: 2422 Support: 2275 Preferred case: Looking at the H4 chart, my overall bias for CC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head...
Title: EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 1.06680 Pivot: 1.05085 Support: 1.03315 Preferred case: The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If the bullish momentum continues, expect...
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. However, I am looking to play the pullback sell. Looking for a sell entry at 1786.53, where the 23.6% Fibonacci line is. Stop loss will be at 1810.03, where the previous swing high is. Take profit will be at 1745.09,...
Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Looking for a retracement sell entry at 137.674, where the previous swing low is located. Stop loss will be at 140.799, where the 23.6% Fibonacci line is. Take profit will be at 130.405, where the previous swing low...
Looking at the H4 chart, my overall bias for EURUSD is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 0.67816, where the 61.8% Fibonacci line is. Stop loss will be at 0.69161, where the 78.6% Fibonacci line and previous high is. Take profit will be at 0.66373, where the previous low and...
USDCHF on the 4h chart after the break of the support is back above the 0.94 area. The market is now trading below a minor resistance and according to Plancton's strategy IF the price will break and close above we can set a nice long order according to the Plancton's strategy rules. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
AUDUSD on the 4h chart is trading inside an ascending channel. The market is now testing the lower trendline and a possible break can be expected during this week. How can i approach this scenario? I will wait for a potential break of the dynamic support and IF the price satisfy the condition i will apply a nice short order according to the Plancton's strategy...
Yesterday we saw a test of 1,0545 and a rise to 1,0595. A drop followed and low closing of the daily candle. This gives a chance of trend reversal on H1. We’ll get confirmation on a break of 1,0427. Before that we may see another upward move towards 1,0550 and upon pullback there will be the first sell opportunities. Sell trades look better on AUDUSD after correction.
EUR/USD Daily Outlook Intraday bias in EUR/USD remains on the upside at this point. Rise from 0.9534 should target 1.0609 fibonacci level. Further rally is expected as long as 1.0289 support holds, in case of retreat
Gold tested support near 1767. Today gold may move sideways between 1767 and 1778. BUY 1768 SL 1762 TP 1778
GBP/JPY Daily Outlook Intraday bias in GBP/JPY is turned neutral with current recovery, but further decline is still expected as long as 167.40 resistance intact. Decisive break of 163.02 will resume the whole fall from 172.11, and target 100% projection of 172.11 to 163.02 from 168.99 at 159.90.