The Euro (EURUSD) is rising towards a pullback resistance and could potentially reverse to drop lower towards our take profit target. Entry: 1.05947 Why we like it: There is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level Stop Loss: 1.06317 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci...
GBPJPY is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 180.953 Why we like it: There is a pullback support level that aligns with the 50.0% Fibonacci retracement level Stop Loss: 179.634 Why we like it: There is a swing-low support that aligns below the 61.8% Fibonacci...
Bitcoin (BTCUSD) is trading close to an overlap support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 28126.32 Why we like it: There is an overlap support level that aligns with the 50.0% Fibonacci retracement level Stop Loss: 27227.70 Why we like it: There is an overlap support that aligns with the 78.6%...
WTI oil (USOUSD) is falling towards an overlap support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 88.108 Why we like it: There is an overlap support level that aligns with the 23.6% Fibonacci retracement level Stop Loss: 86.519 Why we like it: There is an overlap support that aligns with the 50.0% Fibonacci...
The Pound (GBPUSD) could rise towards a pullback resistance and potentially reverse to drop lower towards our take profit target. Entry: 1.22138 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level Stop Loss: 1.22716 Why we like it: There is an overlap resistance that aligns above the 61.8% Fibonacci...
SP500 could fall towards an overlap support and potentially reverse from here to bounce higher towards our take profit target. Entry: 4330.54 Why we like it: There is an overlap support level that aligns with the 38.2% Fibonacci retracement level Stop Loss: 4272.09 Why we like it: There is an overlap support that aligns close to the 61.8% Fibonacci retracement...
Gold (XAUUSD) could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 1903.16 Why we like it: There is a pullback support level that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1885.02 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci...
USDCHF is rising towards an overlap resistance and could potentially reverse to drop lower towards our take profit target. Entry: 0.90782 Why we like it: There is an overlap resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 0.91160 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement...
USDCAD is rising towards an overlap resistance and could potentially reverse to drop lower towards our take profit target. Entry: 1.36897 Why we like it: There is an overlap resistance that aligns close to a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection levels Stop Loss: 1.37840 Why we like it: There is a swing-high...
EURUSD could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 1.04963 Why we like it: There is a pullback support level that aligns with the 78.6% Fibonacci retracement level Stop Loss: 1.04481 Why we like it: There is a pullback support level Take Profit: 1.05678 Why we like it: There is...
USDJPY could fall towards a pullback support and potentially reverse from here to bounce higher towards our take profit target. Entry: 149.208 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci retracement level Stop Loss: 148.519 Why we like it: There is a pullback support level that aligns with the 38.2% Fibonacci...
NZDDUSD is rising towards a pullback resistance and could potentially reverse to drop lower towards our take profit target. Entry: 0.59331 Why we like it: There is a pullback resistance that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 0.59647 Why we like it: There is a pullback resistance that aligns close to the 50.0% Fibonacci level Take...
AUDUSD has hit an overlap resistance and could potentially drop lower towards our take profit target. Entry: 0.63254 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 0.63481 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci level Take Profit: 0.62852 Why we like...
Ethereum - 24h expiry - We look to Buy a break of 1596 (stop at 1564) Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Although the bears are in control, the stalling negative momentum indicates a turnaround is...
FedEx Corporation - 30d expiry - We look to Sell at 269.78 (stop at 277.78) Posted a Double Top formation. We look for a temporary move higher. The trend of lower lows is located at 270. 270.46 has been pivotal. We are trading at overbought extremes. Our profit targets will be 249.78 and 245.78 Resistance: 250.00 / 258.00 / 270.95 Support: 241.04 /...
Bitcoin (BTCUSD) is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 26958.65 Why we like it: There is an overlap resistance that aligns with the 23.6% Fibonacci retracement level Stop Loss: 27403.68 Why we like it: There is a pullback resistance that sits above the 50.0%...
Gold (XAUUSD) is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1885.05 Why we like it: There is an overlap resistance level Stop Loss: 1903.16 Why we like it: There is a pullback resistance that sits above the 61.8% retracement level Take Profit: 1855.67 Why we like it: There is...
AUDUSD is trading close to a pullback support and could potentially break below this level to drop lower towards our take profit target. Entry: 0.63123 Why we like it: There is a potential breakout level Stop Loss: 0.63481 Why we like it: There is a pullback resistance that aligns close to the 23.6% Fibonacci level Take Profit: 0.62723 Why we like it: There is...