Trade Call: Long Entry: 69701.70 (Buy Stop) SL: 67274.22 TP1: 72101.70 TP2: 74501.70 Trade Call: Short Entry: 58665.30 (Sell Stop) SL: 61092.78 TP1: 56265.30 TP2: 53865.30
BTCUSD is currently exhibiting a consolidation pattern, displaying discernible support and resistance levels. In light of this market structure, an optimal approach involves employing stop orders. Specifically, one may consider executing a buy order should the price surpass the R2 resistance threshold. Conversely, a sell order could be initiated if the price...
The EURUSD pair appears to be consolidating within a defined range. A potential trading strategy entails initiating a Buy Stop order should the pair breach the R2 resistance level at 1.08646. Conversely, a Sell Stop order would be considered should the pair break below the S2 support level at 1.07905. Trade Call: Long Entry: 1.08673 (Buy Stop) SL: 1.08451 TP1:...
USDCAD seems to be in a strong Bullish Trend printing series of HHs and HLs. R1, R2 & R3 at 1.36067, 1.36149 & 1.36484 respectively. The price seems to have retraced back from Fib 0.618 level. If the price breaks R2 level, it is likely to continue in a Bullish Trend and move toward the TP level. Trade Call: Long Entry: 1.36201 (Buy Stop) SL: 1.35468 TP: 1.36933
Trade Call: Long Entry: 3524.31 (Buy Stop) SL: 3434.33 TP1: 3611.29 TP2: 3701.27 Trade Call: Short Entry: 3198.63 (Sell Stop) SL: 3263.25 TP1: 3134.01 TP2: 3069.39
Trade Call: Short Entry: 2282.16 SL: 2305.39 TP1: 2258.93 TP2: 2235.70
Trade Call: Short Entry: 1.08304 SL: 1.08447 TP1: 1.08160 TP2: 1.08020
Trade Call: Short Entry: 1.08486 (Fib 0.382) SL: 1.08768 TP1: 1.08200 TP2: 1.07920
Trade Call: Long Entry: 2287.71 SL: 2269.45 TP1: 2305.71 TP2: 2323.71
Trade Call: Long Entry: 0.59700 (Market Execution) SL: 0.59511 TP1: 0.59891 TP2: 0.60081
Trade Call: Long Entry: 1.07515 (Buy Limit - Fib 0.5) SL: 1.07221 TP1: 1.07810 TP2: 1.08100
XAUUSD in Bullish Trend However, Bearish Divergence observed on RSI
Trade Call: Long Entry: 98.612 (Buy Limit - Fib 0.382) SL: 98.391 TP1: 98.833 TP2: 99.054
Trade Call: Long Entry: 0.64992 (Buy Limit - Fib 0.382) SL: 0.64809 TP1: 0.65180 TP2: 0.65360
USDJPY - in Bullish Trend on 1Hr Timeframe. However, Bearish Divergence on RSI Hence Trade not taken.
Bullish Divergence Observed on RSI. Hence no trade taken.
Trade Call: Short (Sell Limit) Entry: 1.07527 (Fib 0.382) SL: 1.07902 TP1: 1.07150 TP2: 1.06780
Trade Call: Long Entry: 0.59813 SL: 0.59638 TP1: 0.59990 TP2: 0.60076