YGForex

YGForex

For now, we managed to see a rejection off the resistance level @0.59500 ish price level without any clear breakout. In fact, price level has been following closely to our moving averages and I am expecting price to reject from this moving averages bring price to the BEARISH side. I have given the TP and SL as seen in my chart and do take note that this is an...

YGForex

For now, we managed to see that USDJPY has reached the 361.8% fib level followed by some bearish movements. What we will like to see is a bearish closing to today's candle. This will signal a potential reversal which will be a confirmation candle for us. I will be seeing a potential bearish movement to the support level @118 price level. If price continue breaking...

YGForex

Looking at gold price, we managed to see a 461.8% fib rejection after a long BEARISH trend. This give us a short term retracement trading opportunity. From H1 timeframe, we can see that the retracement confirmation candle was seen. The levels I will be looking at will be the trend resistance level (dotted line) as well as the 361.8% fib level. We might see...

YGForex

Today's candle made a nice retest to the support level @1.7960 and rejected off that price level (Refer to H1/H4 timeframe). For now, I am seeing GBPAUD breaking out of 1.7960 level towards the upside. We managed to see a nice rejection off our moving averages followed by a retest to the broken resistance level (1.7960). For now, I will be expecting a BULLISH...

YGForex

Looking at current price level, we can see that today's candle is till towards the BEARISH side. Today's candle managed to retest a weak resistance level @0.8650, followed by a BEARISH movement towards the downside. From its trend, there is no form of reversal yet and entering a short position will be a better option. As of now, I am seeing 0.8581 support level to...

YGForex

This will be a short term long opportunity!!! As of now, I am expecting a rejection from 161.8% fib level. We managed to see a 261.8% fib level fall all the way till this level but 0.7053 support level is rather strong and I expect some BULLISH pressure here for AUDCHF. If you wish to enter always remember shifting SL to entry after we see some movement to the...

YGForex

From a daily perspective, we managed to see the candles rejecting the support level at 1.5270 level. Also, price failed to break lower than 361.8% fib level at the moment. We managed to see strong BULLISH pressure at the support area which I expect price to reach the supply zone (red zone). There is great BEARISH pressure at the supply zone as we can see moving...

YGForex

Bitcoin taking a huge hit now. My take remains at seeing Bitcoin potentially dropping to 30k ish price level in the long run. As of now, this is an intraday trade opportunity we can look for. I am expecting a short BULLISH retracement towards a resistance level at 52k ish price level. After that, I believe Bitcoin will continue its downward movement. Please note...

YGForex

We managed to see a nice 261.8 fib level rejection followed by a BEARISH movement back to 161.8% fib level. Also, price level is currently near my moving averages which I expect a possible rejection here. Looking at the chart, we can see great BULLISH pressure holding CHFJPY for now. It have yet to breakout of the BULLISH climb momentum. Having said that, I expect...

YGForex

We managed to see an important rejection for AUDJPY at the 161.8% fib level. I will be looking for a short opportunity to my supply level in green. This will be a short term trade opportunity. However, if we managed to see price breaking the support level, I will expect a 61.8% move. If not, the bullish climb will continue eventually seeing 261.8% and higher. As...

YGForex

We managed to see a rejection off a resistance level@228.80. I am expecting litecoin to make a short BEARISH retracement till 78.6 fib level (or touching my moving averages) before seeing a BULLISH continuation. This will be a BULLISH push for litecoin as it is building strength for a potential breakout, continuing its upward climb. I will be eyeing a 161.8% fib...

YGForex

Not much movement for EURUSD today. Previously, we failed to see EURUSD breakout from the ichi cloud with current level still within this cloud. Definitely, will not enter solely looking at ichi cloud. However, I am expecting a rejection from the moving average lines. For now, I am expecting a BEARISH movement breaking the support level @1.2015. Having ssaid that,...

YGForex

Just a quick update from my previous analysis, we managed to enter a short position at 48k. Now, there is another potential short entry level for us. As we can see, candle managed to break below my moving average lines. I will be expecting a rejection from here bring BTCUSD back to 45k ish price level. This will be our second short position. I will like to let...

YGForex

Previously, we have identified a 28k consolidation area where we expect price level to consolidate before a BULLISH continuation. Personally, I feel that this TA analysis is still valid as currently bitcoin price movement is greatly affected by "HYPE" and directionless buyers. This is a short update for our previous call. Moving to our intraday trading...

YGForex

Looking at ichi cloud, we are able to see that the downtrend movement currently is strong. We have yet to see any form of a trend reversal for EURGBP. For now, I am an eyeing on a supply zone which I have identified. We should be expecting a clean rejection off that level before a BEARISH continuation. There is 2 potential level for TP: 0.8727 support level and...

YGForex

We managed to see a clean breakout after a long consolidation within 0.7020 resistance level and 0.6818 support level. As of now, I am expecting this BEARISH movement to be a retest to the broken zone before further BULLISH movement take over, Keep an eye on this pair while we expect a nice rejection off this level moving towards 261.8% fib level. I will update...

YGForex

We can clearly see that price level is currently retesting back to 561.8% fib level. As of now, I am expecting some sort of BEARISH retracement building up for a potential breakout of the its high. There is no form of breakout to the BEARISH side so this trade will be an intraday trade opportunity. Overall, we should see DOGE building BULLISH strength to breakout...

YGForex

Last Friday's candle showed us a clean rejection off the 161.8% fib level. However, we have yet to see any form of confirming candle. Today's candle is a neutral candle for us as we managed to see a lower opening but BULLISH movement today. Although there is not much confirmation on this pair, I will be eyeing on a fakeout from 1.2323 resistance level. Today's...