USDCHF might aim higher shall the resistance break!A pierce of 4H candle through the swing high or the weekly R1 pivot would likely propel this pair towards the R2 weekly pivot. For this criteria to meet, we need the 4H candle to close above the swing high, retrace to weekly R1 and enter a LONG trade to target the weekly R2 pivot. Assessing the RR is very important. shall the criteria meet i will update the details in this thread
4h
USDCHF Might Target Weekly R1 Pivot shall the trendline breakThere might be a possibility of the current descending trendline break on 4H charts, which if happens the price might move to the swing high at WEEKLY R1 pivot. Shall the trendline break, it is advisable to assess the RR and if feasible a LONG entry can be taken.
Shall the criteria meet, i will update the entry details in this thread
Two targets for AUDUSD to HIT shall the trendline & EMA breakDepending on where the WEEKLY pivots present this week, shall the ascending trendline break on 4H charts there are two targets beneath that this pair might target as displayed on the main chart. However this setup depends on where the WEEKLY pivot appear this week. Once the criteria meet i shall update in the comment section
Gold VS Resistance after NFP, who is gonna win?Gold is attacking the resistance zone after NFP report and after already impulsing out of a wedge after hitting a double bottom.
dont jump in any direction yet
if we break the zone with confirmations more upside to the top of descending channel is probable,
if we fail to break another drop to 1723 is very likely
BTC/USDT Analysis We got all the possiblities in this cycles, this is a brief showing that can come next.
Im honestly waiting if that the Btc stabilize, if not we going to restest the last support. Lets say that he cool off for a bit before attempting his next target at 57k. I say 57k and not the 55k because its a little resistance in 55k and that with a good volume he will easily pass it.
Then if pass it the 57k, be ready to seeing the most Uptrend of UPtober !
Saturday and Sunday going to be surprisingly
BITCOIN / USD TETHER -->> 4H---SHORT 🔻hey guys.
I hope that you are doing fine.
in 4h time frame , I see a short downtrend coming but for a very short while, and in the daily chart , an uptrend is coming so we might even do a little bit of range and be supported by 46,963 and then continue to go up higher OR correct lower as I showed you by the arrow I draw and then have a stronger bullish run.
wish you all good profits.❤
A short position in the CHFJPY pairWe recommend taking a short position in the pair CHFJPY. as seen in the chart the pair entered a local resistance at the level 120 and also encountered the broken the weekly broken trend line which acted as a resistance and rejected the price several time, we believe that the price will go down and head firstly to the 4 hours support where we placed out 1st target and then will head to the daily support at 118 if this support was broken. Take this trade only if you agree with our analysis.
A TEST OF 1.17900 MIGHT BE ON THE CARDS FOR EURUSD NEXT WEEK!A possible swing trade might be developing next week on 4H EURUSD chart. a break of 4h EMA and trendline might target the above trendline that lies in the 1.17900 region. in that region other confluence factors lie as well: the D EMA and M pivot.
shall the criteria meet i shall update the entry requirement in the thread below
Bitcoin holding upThe 20 ema is leading the game rn. A correction has to be behind the corner. This could be the right moment, because we reached the 50k psychological threshold... a lot of people took (some) profit,
price goes down 6.6 %
and new people come in. This is why it's called a cycle!! LoL
EURUSD Aug 25th Swing AnalysisWeekly MFI is oversold indicating possible bottom out and major trend continuation to upside. 4H bullish divergence. 4H engulfing candle crossing ichimoku cloud. If price breaks channel looking for swing to resistance levels and final swing price goal of around 1.23000. In the past when price moved from this area it took a month give or take to move 500-600 pips when it was ready. Since August is almost over. If price breaks channel expecting September and October to be bullish and get to final price 1.23000.
EURUSD MIGHT TARGET 1.1800 THIS WEEK IF TRENDLINE & EMA BREAKSDepending on the new weekly pivot points, shall the trendline break the price will likely target 1.1800 region. Shall this happen, then it would likely be just a consolidation move before the downtrend resumes again.
Shall the criteria meet, i will put the details of entry in the comment section.