In this update we review the recent price action in the Nikkei225 (futures contract) and identify the next high probability trade location and price objectives to target.
In this update we review the recent price action in the Dow Jones (futures contract) and identify the next high probability trading opportunities and price objectives to target.
In this update we review the recent price action in the DAX (futures contract) and identify the next high probability trade location and price objective to target.
In this update we review the recent intraday price action in the EURAUD and identify the next high probability trading opportunity and price objectives to target.
Type : Bullish Bounce
Resistance : 2593
Pivot: 2496
Support : 2449
Preferred case: Price is abiding by the ascending trendline. We see the potential for bullish bounce from our Pivot level at 2661 in line 61.8% Fibonacci projection towards our 1st Resistance at 2593 in line with 50% Fibonacci retracement . Our bullish bias is further supported by RSI indicator...
Type: Bearish drop
Resistance: 153'11
Support: 150'16
Pivot: 151'30
Preferred case: With price moving below the ichimoku cloud , we have bearish bias that price will drop from our pivot of 151'30 in line with the horizontal overlap resistance to our 1st support of 150'16 in line with the horizontal swing low support and 78.6% Fibonacci projection .
Alternative...
In this update we review the recent price action in ETHUSD (futures contract) and identify the next high probability trading opportunity and price objectives to target.
Type: Bearish drop
Resistance : 372
Pivot: 363.9
Support : 332
Preferred case: We see the potential for a further bearish drop from our Pivot at 363.9 in line swing high resistance towards our 1st support at 332 in line with 127.2% Fibonacci projection and 61.8% Fibonacci retracement . Our bearish bias is further supported prices trading below our ichimoku clouds...
Type: Bearish drop
Resistance : 14644
Pivot: 14099
Support : 12558
Preferred case: We see the potential for a further bearish drop from our Pivot at 14099 in line swing high resistance and 78.6% Fibonacci retracement towards our 1st support at 12558 in line with the swing low support. Our bearish bias is further supported prices trading below our ichimoku clouds...
Type: Bearish Rise
Resistance: 14405
Pivot: 13118
Support: 12640
Preferred case: Price near pivot level of 13118 in line with 78.6% Fibonacci retracement . Price can potentially go to the resistance level of 14405 in line with the 100% Fibonacci projection . Our bullish bias is supported by how price is expected to bounce off the support of the RSI...
