As .9630 remains intact as support bulls will target a tes of the equality objective at 1.0089, look for a break of triangle resistance to encourage long exposure
As 113.86 acts as resistance, look for a break of trendline support to encourage short exposure to target the downside equality objective at 109.09 to complete a WXY pattern
Type : Bullish rise
Resistance : 151.925
Pivot: 146.650
Support : 143.300
Preferred Case: On the H4, with price moving in an ascending trend and trading above the ichimoku indicator, we have a bullish bias that price may rise from the pivot at 146.650 where the previous swing high sits to the 1st resistance at 151.925 where the 161.8% projection sits
Alternative...
Title: Soybean Meal Futures ( ZM1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance:418.0
Pivot: 392.0
Support: 404.7
Preferred case: Looking at the H4 chart, the current overall bias for ZM1! is bearish . To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. Price has reflected off...
Type: Bearish Momentum
Resistance: 904'1
Pivot: 876'3
Support: 818'6
Preferred Case: The H4 price is breaking the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the pivot at 876'3, where the 23.6% fibonaci retracement and overlap resistance are to the 1st support at 818'6, which is in line with the 61.8%...
In this update we review the recent price action in the EURJPY and identify the next high probability trading opportunity and price objectives tot arget
In this update we review the recent price action in the EURAUD and identify the next high probability trading opportunity and price objectives to target
IN this update we review the recent price action in the AUDUSD and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the emini SP500 and identify the next high probability trading opportunity and price objectives to target
Type : Bullish rise
Resistance : 147.900
Pivot: 143.150
Support : 141.100
Preferred Case: On the H4, with price moving in an ascending trend and trading above the ichimoku indicator, we have a bullish bias that price may rise from the pivot at 143.150 where the previous swing low and 23.6% retracement sits to the 1st resistance at 147.900 where the 127.2%...
Title: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance:418.0
Pivot: 392.0
Support: 404.7
Preferred case: The current overall bias for ZM1! is bearish , according to the H4 chart. To add to this bias, the price is currently below the Ichimoku cloud , indicating a bearish market. However, price has been rising...
Type: Bearish Momentum
Resistance: 3726.25
Pivot: 3577.00
Support: 3350.25
Preferred case: Prices of S&P500 has been on a descending trend signaling strong bearish momentum. We're looking at potential for pivot at 3577 levels to move further down to support at 3350.25 where the 161.8% extension sit
Alternative scenario: Price may go back up retest the 1st...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 698.4
Pivot: 661. 40
Support: 680. 40
Preferred case: Since September 28, 2022, corn prices have been rising. The price is above the Ichimoku cloud , indicating that the market is bullish . The price moved strongly upwards, approaching the first resistance level at...
In this update we review the recent price action in the Gold futures contract and identify the next high probability trading opportunity and price objectives to target
In this update we review recent price action in the Nikkei225 futures contract and identify the next high probability trading pattern and price objectives to target
