Price is currently trading in a ascending trend line . Price recently touch the support of the ascending tend line which is in line with a Fibonacci Retracement level of 78.6% and Fibonacci extension level of 61.8%. It can potentially move to the take profit level of 78.16 which is in line with Fibonacci extension level of 200%. Our bullish bias is further...
Price is currently trading is a descending trend line and can potentially reach the resistance of the trend line at price 1743.42 in line with Fibonacci level of 127.2. Price can potentially bounce from the resistance level back to its take profit level of 1721.69 with 78.6% Fibonacci extension level. Our bearish bias is further supported as price is currently...
Price is currently trading in a wedge . Price recently reach our buy entry price of 1739.138 which is also our Fibonacci level of 61.8%. The take profit level is at the resistance level of the wedge which has a Fibonacci extension level of 61.8%. Our bias is further supported by RSI which shows a bullish divergence . Any opinions, news, research, analyses,...
NZDUSD is approaching our target entry at 77.397 in confluence with 38.2%, 50% Fibonacci retracement and bullish trendline. Price has the potential to bounce to our take profit at 78.150 in line with 78.6% Fibonacci retracement , graphical overlay and graphical swing high. Our stop loss is placed at 77.216 in line with 38.2% Fibonacci retracement and 50.0%...
Price is trading in a possible triangle pattern . Price can potentially drop from the sell entry price to the support of the triangle and Fibonacci level of 61.8% at a price of 150.213 . Our bearish bias is further supported by the 20 EMA as price is trading under it. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
NZDUSD is approaching our target entry 0.69474 in confluence with 78.6% Fibonacci extension and 127.2% Fibonacci extension . Price has the potential to bounce to our take profit at 0.70182 in line with 61.8% Fibonacci retracement , and parallel channel . Our stop loss is placed at 0.69147 in line with 61.8% Fibonacci retracement , 100% Fibonacci extension and...
Price is reacting above our pivot level at 1.96105, in-line with 38.2% Fibonacci retracement level, 100% Fibonacci extension and 200MA. Price could potentially drop to support at 1.92950, in-line with 100% Fibonacci retracement level, 61.8% Fibonacci extension level and swing low support. Stochastic is also indicating possible bullish momentum before facing...
Price has broken the daily descending trendline resistance (now support), signifying a bullish momentum. We can expect further upside on price if it breaks through the pivot level in line with 100% Fibonacci Projection , 61.8% Fibonacci retracement and previous swing high. Price is expected to ride the bullish momentum towards the take profit level in line with...
Price is reacting in between the pivot level and take profit level We can expect the price to bounce from the pivot in line with 100% Fibonacci Projection and horizontal swing lows towards the take profit level in line with 100% Fibonacci projection and horizontal swing highs. Our bullish bias is further supported by the RSI indicator where we can see bullish...
GBPUSD is in the bearish area on the daily chart on the left. A bearish cross of EMAs and stochastic have aligned today's short-term traders with the daily. A movement of stochastic to 20 level and maintenance of that level increases the chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop above hourly...
Further to yesterday's article, , UKOil has pulled back on the hourly. The left daily chart continues to show UKOil in the bullish area (upper blue - upper red). The hourly stochastic on the right has already crossed bullishly. If the EMAs cross to the upside that would be considered a bullish development. Assuming this, if the stochastic can move to 80 and hold...
The left chart shows the daily time frame. Here we see that UKOIL is in the bullish area – between the upper blue and upper red bands. The RSI suggests that the daily chart is overbought and that normalization is due. The right chart shows the hourly time frame. As long as the stochastic is able to hold the 80 level, the current momentum push may still be in...
Price is holding on an ascending trendline support on the daily showing a strong bullish momentum. We can expect price to bounce from the pivot level in line with the ascending trendline support, 61.8% fibonacci projection and 61.8% fibonacci retracement towards the take profit level in line with 127.2% fibonacci retracement , 127.2% fibonacci projection and...
Signal ID: 77680 Time Issued: Monday, 27 September 2021 05:00:16 GMT Status: open Entry: 0.70046 - 0.70342 Limit: N/A Stop Loss: 0.70784 The Tidal Shift Strategy has just sold NZDUSD at 0.70194. The system recommends entering this trade at any price between 0.70046 and 0.70342. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
HMC_Trader Breakout Identified in AUDJPY | 27th Sept 2021 LONG Australian Dollar / Japanese Yen (FX:AUDJPY) 80.549 0.215 0.27% HMC_Trader 8 hours ago Trend Analysis Harmonic Patterns Chart Patterns aud jpy AUDJPY signals 27thsept Signal ID: 77679 Time Issued: Monday, 27 September 2021 01:58:15 GMT Status: open Entry: 80.484 - 80.793 Limit: 81.236 Stop Loss:...
USDCHF consolidating above ascending trendline support. Price could potentially push up further to 1st resistance at 0.93330 towards, in-line with 100% Fibonacci retracement , 61.8% Fibonacci extension and swing high resistance. Alternatively, price could drop and find support at 0.91645, in-line with 100% Fibonacci retracement and 200% Fibonacci extension . Any...
Price is reacting in a potential wedge pattern, we can expect price to bounce from the pivot level and hence, showing a short-term bullish momentum. We are expecting price to bounce from pivot in line with ascending trendline support and 78.6% fibonacci projection towards the take profit level in line with 78.6% fibonacci retracement and 100% fibonacci projection...
Price is reacting below our pivot level at 110.805, in-line with 100% Fibonacci retracement , 127.2% Fibonacci extension and swing high resistance. Price could potentially drop to support at 110.165, in-line with 38.2% Fibonacci retracement level, 61.8% Fibonacci extension and 20EMA. Stochastic is also at resistance where previous drops occurred. Alternatively,...