Evening Traders, Today’s analysis – GBPUSD – trading at a key trade location where a deviation towards the downside is probable, Points to consider, - Price Action Impulsive - Double Top Resistance - Local S/R Objective - Volume Influx GBPUSD’s immediate price action is impulsive, trading at a key trade location where a rejection is probable. A swing...
Evening Traders, Today’s analysis – BTCUSD – trading below a key range high where a deviation to the lows is probable, Points to consider, - Price action impulsive - Range high resistance - Range low support - Low Volume BTCUSD’s immediate price action is trading under a key resistance that has rejected price for the time being. The immediate objective...
Evening Traders, Today’s analysis – OGNUSDT – trading above range high where a bullish impulsive is probable, Points to consider, - Price Action Impulsive - Range High Support - Swing High Objective - RSI Extended OGNUSDT’s immediate price action is impulsive, trading above a key trade location it must be held for a bullish bias. The RSI is currently...
Evening Traders, Today’s analysis – BTCUSD – trading under a key level where a further rejection is probable, Points toc consider, - Price Action Impulsive - Daily S/R Resistance - Weekly S/R Support - RSI Extended BTCUSD’s immediate price action is trading under Daily S/R that needs to be reclaimed for a bullish bias. The Weekly S/R is current macro...
Evening Traders, Today’s analysis – NZDCHF – trading above its Daily S/R where a retest is probable, Points to consider, - Price Action Impulsive - Daily S/R Support - Swing High Objective - .618 Fibonacci Confluence NZDCHF’s immediate price action is corrective, trading towards the Daily S/R where a long bias is valid. The Swing High is the immediate...
Evening Traders, Today’s analysis – XLMUSDT – trading above its Daily S/R where a respect is probable, Points to consider, - Price Action impulse - Daily S/R Support - Swing High Objective - 200 EMA Confluence XLMUSDT’s immediate price action is impulsive, respecting its Daily S/R that has technical confluence allows for a long bias. The immediate...
Evening Traders, Todays analysis – BTCUSD – trading above a key Daily level where breaking will be bearish, Points to consider, - Price Action Impulsive - Daily S/R Support - Bearish Flag Formation - RSI Bearish BTCUSD’s immediate price action is impulsive, breaking Daily S/R will allow for a bearish bias. The current formation is that of a bear flag,...
The Dow Jones index is struggling at the Fibonacci Yearly r2 pivot point. Last January when it tested the R1 pivot, there was a 1500 point pullback. Perhaps another pullback here?
Evening Traders, Today’s analysis – BTCUSD – trading below its Local S/R where a deviation further down is probable, Points to consider, - Price Action Impulsive - Local S/R Resistance (200 MA, VWAP, POC Confluence) - .618 Fibonacci Objective - RSI Neutral BTCUSD’s immediate price action is impulsive, under local resistance that has multiple technical...
Evening Traders, Today’s analysis – NEOUSDT – trading above its Local S/R with technical confluence, further upside is probable, Points to consider, - Price Action Impulsive - Local S/R Support - Swing High Objective - Oscillators Neutral NEOUSDT’s immediate price action is resting on support that has technical confluence with the .382 Fibonacci and the...
Evening Traders, Today’s analysis – FTT – oversold bounce coming to an area of resistance where a rejection is probable, Points to consider, - Price Action Impulsive - Local S/R Resistance (.618 Fibonacci Confluence) - Low Volume Profile - Oscillators Neutral FTT’s immediate Price Action is impulsive from its recent lows, trading towards a key Local...
Evening Traders, Today’s analysis – BTCUSD – trading under Local S/R where a break above will be bullish, Points to consider, - Local S/R Resistance - Dynamic S/R Breached - Low Volume - Oscillators Neutral BTCUSD’s immediate price action is impulsive, trading below local S/R where a breach is critical for continuation. The Dynamic S/R has been breached,...
Evening Traders, Today’s analysis – USDJPY – trading at intra-day S/R after an impulse sell, further correction is probable, Points to consider, - Price Action Impulsive - Local S/R Support - Oscillators Extended - Low Volume USDJPY’s immediate price action is impulsive, breaking the intra-day S/R allows for a short bias. The current objective is the...
Evening Traders, Today’s analysis – ELABTC – trading above its Range Low where a bullish retest is probable, Points to consider, - Price Action Impulsive - Range Low Support (.382 Fibonacci Confluence) - Range High Objective - Volume Influx ELABTC’s immediate price action is impulsive, breaking a key level allows for a bullish bias on the retest that has...
Evening Traders, Today’s analysis – LOOMUSDT- trading at a key technical location where continuation is probable, Points to consider, - Price Action Impulsive - Internal S/R Support - Swing High Objective - Oscillators extended LOOMUSDT’s immediate price action is impulsive, trading above its Daily S/R zone where consolidation is deemed bullish. The...
Evening Traders, Today’s analysis – AKROUSDT – trading within its apex where a breakout will be imminent, Points to consider, - Price Action Impulsive - Internal S/R Support - Range High Resistance - Deviation Objective - Oscillators Neutral AKROUSDT’s immediate price action is impulsive, trading at a key location that has technical confluence with the...
Wave 4 couldn't break 0.5 Fibonacci retracement which was also the trend line down which is also just below the SMMA 25 close - these are all signals that the completive 5th wave down is soon to come, we are likely to see a test of the 0.618 fib which managed to hold 3 wave but many not be so supportive now. If we see 0.618 hold the ABC corrective may start...