Short-term bullish market on the NZDCHF. -27 Fibonacci act as breakeven.
XAG/USD has shifted into a bullish trend and is expected to maintain this trajectory unless the prevailing market structure changes. Entering buy positions at the current levels is considered a valid strategy, with the -61% Fibonacci retracement level serving as the breakeven point.
After a prolonged observation period, we have identified a bullish trend in the Ethereum market. In light of this development, we are initiating a buy position, targeting the upper boundary of the current market structure. To manage our risk effectively, we will set our trade to breakeven once the price reaches the -50 Fibonacci retracement level. This strategy...
Following a breakout observed on the USD/CHF pair, indicative of a pronounced bullish trajectory, it is advised to establish a take-profit target at the level of 0.91266. -27 Fibonacci will be our 'Breakeven Point'.
The NZD/CHF currency pair has recently transitioned into a bullish market phase. We are considering a long position contingent upon a retracement to our buy limit order set at 0.53207. However, it is essential to approach this trade with caution, as the market may exhibit sharp bearish swings despite the overall bullish confirmation. Key Levels: Entry Point:...
Following a breakout observed on the USD/CHF pair, indicative of a pronounced bullish trajectory, it is advised to establish a take-profit target at the level of 0.90188.
Based on the analysis of the 2-day M-Pattern formation, it suggests a balanced contention between bulls and bears in determining the market direction for this particular pair. With the confirmation of an ascending trendline and a subsequent breakout, it is evident that bullish sentiment has gained prominence. However, it's crucial to exercise caution due to the...
USOIL has currently reacted to the ascending trendline. A breakout would trigger a bullish market for OIL, and the next target would hit next Daily / Weekly resistance. Dont forget to like and subscribe for more trades.