YGForex

YGForex

Previously, we failed to see a strong BEARISH momentum for EURUSD. We managed to see a rejection off 61.8% fib level followed by a BEARISH movement which did break 100% fib level but not 161.8% fib level. As of now, I will be expecting a BEARISH continuation for EURUSD which I expect a clean rejection from 100% fib level, bringing price all the way to the 161.8%...

YGForex

Litecoin's BULLISH strength remains as we managed to see several crucial rejection followed by a strong BULLISH climb. As of now, I am expecting a breakout in price level from its recent top (yellow circle). Having said that, I am eyeing a 361.8% fibonacci movement while taking note that there is a strong resistance level @277.45 price level. At which, I believe...

YGForex

Focusing on our MA and EMA, we can see a nice rejection off these levels. This give us a confirmation that a BULLISH trend remains. There is no form of breakdown, giving us a potential movement to the 261.8%. Previously, price failed to test that level and I am expecting price to hit that level before further BULLISH continuation. We will be seeing great BEARISH...

YGForex

AUDCAD has shown great bearish momentum after a huge climb previously. After which, we managed to see a strong BEARISH retracement. Has the bearish strength come to a stop? No, personally, I will be eyeing 78.6% fib level where will be a minimal retracement. Definitely, if we managed to see a breakout of that level, BEARISH strength could be heading all the way...

YGForex

I will be focusing on a breakdown of BNBUSDT from a H1 perspective. When trading BNBUSDT do look at H1 and below timeframe as it will provide us with a proper technical analysis viewpoint as H4 and above timeframe will not allow us to draw our chart easily. Looking at BNBUSDT, we can see a short term BULLISH trade opportunity to the supply zone (identified in...

YGForex

Looking at CHFJPY, we can see great confusion on recent candles. However, we see a failure to break 117.62 resistance level. Using candlestick pattern, we will like to see a higher or equal level close today to confirm our position. However, I am leaning towards seeing a equal or higher price close from previous day opening price. If so, I will be expecting price...

YGForex

Today, we managed to see a BULLISH candle retesting the trend resistance level, also testing our MA and EMA. As of now, I am expecting great bearish pressure on EURAUD and I am expecting a rejection from here. We will be eyeing for 461.8% fib level. However, do take note that we have yet to see any confirmation candle on this pair. Refer to lower timeframe for...

YGForex

Looking at Bitcoin candle, I am expecting a BEARISH movement to occur soon with a potential rejections from our MA and EMA. The level I am currently looking at is the 461.8% fib level (also a support level @51635). I am expecting a full fib movement for now as BULLISH movement slows down. TP and SL is given and do note that it is a SHORT TERM trade opportunity. I...

YGForex

Previously for GBPAUD, we managed to hit our take profit price at the resistance level @1.8125. After which, I mentioned that a could be a potential breakout from that resistance level. Looking at the current price movement, I see a potential movement to the upside. It was not as one directional as we thought it was previously. We managed to see a bearish movement...

YGForex

In this analysis, I will be looking into the wick fill trading strategy. From our chart, we can see that price level has filled our level according to our wick trading rules. With that, today's candle should close below 23.6% fib level. If so, I will be expecting a move to 61.8% fib level with a potential BEARISH continuation till 161.8% fib level. This give us...

YGForex

For now, we managed to see a rejection off the resistance level @0.59500 ish price level without any clear breakout. In fact, price level has been following closely to our moving averages and I am expecting price to reject from this moving averages bring price to the BEARISH side. I have given the TP and SL as seen in my chart and do take note that this is an...

YGForex

For now, we managed to see that USDJPY has reached the 361.8% fib level followed by some bearish movements. What we will like to see is a bearish closing to today's candle. This will signal a potential reversal which will be a confirmation candle for us. I will be seeing a potential bearish movement to the support level @118 price level. If price continue breaking...

YGForex

Looking at gold price, we managed to see a 461.8% fib rejection after a long BEARISH trend. This give us a short term retracement trading opportunity. From H1 timeframe, we can see that the retracement confirmation candle was seen. The levels I will be looking at will be the trend resistance level (dotted line) as well as the 361.8% fib level. We might see...

YGForex

Today's candle made a nice retest to the support level @1.7960 and rejected off that price level (Refer to H1/H4 timeframe). For now, I am seeing GBPAUD breaking out of 1.7960 level towards the upside. We managed to see a nice rejection off our moving averages followed by a retest to the broken resistance level (1.7960). For now, I will be expecting a BULLISH...

YGForex

Looking at current price level, we can see that today's candle is till towards the BEARISH side. Today's candle managed to retest a weak resistance level @0.8650, followed by a BEARISH movement towards the downside. From its trend, there is no form of reversal yet and entering a short position will be a better option. As of now, I am seeing 0.8581 support level to...

YGForex

This will be a short term long opportunity!!! As of now, I am expecting a rejection from 161.8% fib level. We managed to see a 261.8% fib level fall all the way till this level but 0.7053 support level is rather strong and I expect some BULLISH pressure here for AUDCHF. If you wish to enter always remember shifting SL to entry after we see some movement to the...

YGForex

From a daily perspective, we managed to see the candles rejecting the support level at 1.5270 level. Also, price failed to break lower than 361.8% fib level at the moment. We managed to see strong BULLISH pressure at the support area which I expect price to reach the supply zone (red zone). There is great BEARISH pressure at the supply zone as we can see moving...

YGForex

Bitcoin taking a huge hit now. My take remains at seeing Bitcoin potentially dropping to 30k ish price level in the long run. As of now, this is an intraday trade opportunity we can look for. I am expecting a short BULLISH retracement towards a resistance level at 52k ish price level. After that, I believe Bitcoin will continue its downward movement. Please note...