GBPAUD is approaching our first resistance at 1.8113 (horizontal overlap resistance, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.7918 (horizontal overlap support, 100%, 61.8% Fibonacci extension, 78.6% Fibonacci retracement). RSI (55) is also seeing a...
CHFJPY is approaching its support at 116.86 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 117.55 (61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 3.8% where a corresponding bounce could occur.
The AUDUSD has corrected lower, as discussed on Friday. It is seen to be trading around 0.7250/52 levels at this point in writing and could drop to 0.7240/45 levels before turning higher again. Please note that 0.7243 is the fibonacci 0.382 support of the rally between 0.7140 and 0.7300 levels (not shown on the chart). Looking at the wave structure, AUDUSD could...
The Tidal Shift Strategy has just bought CHFJPY at 116.766. The system recommends entering this trade at any price between 116.597 and 116.935. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -6.572, which suggests that the CHFJPY could be trending upwards.The 14-period Average...
Buy above 1.2969. Stop loss at 1.2937. Take profit at 1.3010. Reason for the trading strategy (technically): USDCAD bounced nicely off its support at 1.2969 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.3010 (50% Fibonacci retracement, horizontal pullback resistance)....
Sell below 1.8256. Stop loss 1.8320. Take profit at 1.8172. Reason for the trading strategy (technically): GBPAUD is approaching its resistance at 1.8256 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 1.8172 (61.8% Fibonacci retracement, horizontal pullback support)....
CHFJPY Bullish Continuation Details on the chart. Happy Trading!
FXCM PLUS Trading Signals The Tidal Shift Strategy has just bought CHFJPY at 114.756. The system recommends entering this trade at any price between 114.594 and 114.918. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -3.733, which suggests that the CHFJPY could be trending...
On the daily, price showed a massive bull run from Aug 21-29th with overextension to 115.00 key resistance and a small double top. The 4hr shows a range breakout and retest along with a 50ema break and retest at 4hr resistance and 38.3% fib. The 1hr shows a downtrend forming along with a break and retest of 50ema and 4h/1h resistance. Profit target is at the 1hr...
market has reached a strong daily resistance level and we have beairsh engulfing candle on H4 ,,, Stops above swing high Trade Green
CHFJPY is approaching our first resistance at 113.63 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 110.72 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also...
the market is about to hit the resistance line for the third time watch out for the short zone that is confirmed by the downtrend in H4 and the harmonic pattern, high probability of rejection down around 111.26 - 111.20 that is gonna be a great timing for long opportunity in the uptrend in D1 ( consult your chart in D1 to see ). Happy profits guyz. PLEASE...
Chf/Jpy has intersecting pitchforks lining up exactly with equal length and the .618 retrace. Now.... Daily TDI looks like it may have upside, my buy from bottom still running in case of the leading diagonal scenario (until I see a reversal pattern). But the 1.236 extension level would probably be a good place to catch a wick off of should price break up, and the...
CHFJPY is approaching our first support at 110.34 (horizontal swing low support, 61.8% Fibonacci retracement ,100%, 61.8% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 112.05 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension). Stochastic (89,5,3) is...
CHFJPY is approaching our first support at 110.34 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci extension, long term ascending support line) and a strong bounce might occur above this level pushing price up to our major resistance at 112.05 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8%, 100% Fibonacci extension)....
Hi guys, New idea regarding CHF/JPY. Best, Jesse
Price is approaching our first support at 110.33 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 111.38 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also approaching...
CHFJPY broke out of our short term ascending support-turned-resistance line and is approaching our first resistance at 111.38 (horizontal overlap resistance) and a strong reaction might occur below this level pushing price down to our major support at 110.33 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement). RSI (89) is also...