Price retraced back to previous resistance zone. The yellow zone is where volume is most present for a further push to the upside. Take profits can be placed using the fibonacci extension tool at the 1.272 fib area. Lets see what happens!. please like and follow!
Please like and follow! Trend continuation for a further push down to 1.34800 area. Price reached the small trend line and failed to break above. If you use the fibonacci retracement tool price reached the 61.8 zone. trend line and the 61.8 meets in that zone lets see what happens.
Please like and follow! Trend continuation for a further upside lets see what happens!
Please like and follow! Pair broke the previous higher low creating a potential selling opportunity. Plotted the retracement tool and if we wait for the market to push up into the 50 percent fib level, we can enter our trade. Looking for target at 0.64035 that is a major key level in structure and the fib extension level hits at the 1.618 adding more validation.
Please like and follow! This pair is currently over sold showing divergence in RSI on the hourly chart. It hit one of the support levels on the 4 hour so this area would be a good buying opportunity. Potential rise to 108.815 zone. Always use a rule based strategy before taking on a trade.
please like and Follow!!! USDCAD is currently over sold and has divergence on the hourly chart. We may see a rally towards 1.34800 price range. If you notice the previous support level was respected multiple times before it broke through, now it can bring the market back towards that area. I checked my prediction AI and it showed me the same key level. Always use...
Please Like and Follow! EUR/USD has been on a bullish run lately running into an over bought condition on the daily chart. If you take a look at the 1 hour chart it broke the previous higher low. Plotting the Fibonacci retracement tool, if it hits the 50 percent range it can potentially head lower around the 1.12000 price range. This is the price that my...
Please Like and Follow !! NZD/USD is currently consolidating, if we can have a breakout of structure at 0.64545 and it pulls back into the trend line we can look for selling opportunities. If this pair goes into a bullish rally expect the breakout around 0.64770 and wait for a pull back to the trend line resistance zone and look for buying opportunities. Remember...
First Like and Follow! Daily time frame trend line hit with new higher highs. If you look at the 4 hour time frame you see multiple wick rejections on the Daily support level of 1.10800. A double bottom also formed in this price area adding even more confluence in this trade setup. I will be posting another idea for this current pair, if this trade goes through...
USD/CAD potential sell setup. Pair has broken the daily Support area of 1.30150. Making that area a new resistance zone, market has been making lower lows in past structure. Patiently waiting the this pair to potentially retrace back into the 0.50 or 0.618 Fibonacci zone. If the pair gets to that zone it can drop to a new lower low into the .127 Fibonacci...