The overall prediction that Bitcoin is set to reach 100k, could be possible very soon. But currently we look for a retracement move, before making another impulse higher. We look for short entries between 93k-90k and target the Weekly fib and quarterly VWAP levels, where we start looking for buys up to 100k. This analysis is taught and provided by Fractals Trading...
Presidential election in the US, which was one of the most important political events this year, moved the stock market to significant highs, historically speaking. The new rally could weaken the dollar. On the Japanese side of things, the new bullish move might be starting soon. Now that we got the retracement back to our weekly area of interest, its time to...
EURNZD has shown a strong impulse upwards and the 7 day bullish streak might be indicating to overextension, as we are currently facing a major resistance level on the daily chart. In the mid August the price hit 1.86(VWAP high) and since then the price has made a weekly 3 wave impulse downward. October gave us a retracement and now its time for another wave...
We sent out our this next analysis exactly a month ago to our members at Fractals Trading Community: "After falling for almost a month, dollar has gained some strength in recent weeks and the Japanese currency intervention is seemingly slowing down, as we have seen some huge bullish moves on other pairs. As seen on chart, the price has hit the weekly 0.618 fib...
Hi, GBPCAD swing short setup. It´s similar to our USDCAD analysis sent out yesterday, with many confluences indicating for a impulse downwards(Quarterly VWAP and fib levels). Be careful to trade this pair, as their is many macroeconomic news next week for both the currencies. This analysis is taught and provided by Fractals Trading Community. Trade safely and...
The dollar index almost hit a 2 year low but the price reversed only half a percent higher from the said level. After CPI news, the dollar ended its bullish streak, after touching the highs of 2020. For that reason the USDCAD, which has just finished its second bullish leg by the Elliot Wave theory(6 bullish days in a row). Currently looking for a second...
Last week we were looking for a sell from 18500 with many technical confluences. We also had a 11 day straight bull run without any meaningful retracements. This is a continuation to the previous idea, as the price did not react from our level of interest and kept pushing higher. Currently waiting for 18800, which is the Weekly 0.786 fib level drawn from the all...
GBPUSD has been bullish for a while, mainly because of the weakened dollar, which has been falling for a whole month. As the US Presidential election is getting closer, we expect the dollar to be bullish until then, as potential rate cuts are coming soon. The structure on GBPUSD has turned bearish, with multiple fundamental indicators like VWAP and Fibonacci...
GBPUSD has reached our area of interest between 1.32 and 1.32250, where we look for swing trades to the downside. Expecting bullish dollar before the US Presidential election, GBP weakness overall.
US30 has reached our level of interest between 41150- 41250 where we look for swing sell setups. Currently waiting for the last impulse upward to get confirmations from the weekly fib and VWAP levels. This is similar to NAS trade, which we sent our earlier. For TP levels, we are currently targeting 40550(750 points) but keeping in mind that this trade has a lot of...
After falling for almost a month, dollar has gained some strength in recent weeks and the Japanese currency intervention is seemingly slowing down, as we have seen some huge bullish moves on other pairs. As seen on chart, the price has hit the weekly 0.618 fib level and the VWAP drawn from the start of the second quarter(March). For our TP levels we target 146.55;...
In the recent rate cuts and CPI news, the stocks have gained impulsively(Technology sector up +6%). The overall trend is still bearish as we expect to see a 7-10% correction in the stock market in September. Currently NAS100 has reached our level of interest(19450), which has been a strong support/resistance level in the past. Here we look for shorts targeting...
GER40. 18500, which is our level of interest(Quarterly VWAP + 0.786 fib drawn from all time high) has been quite important level this year. GER40 has been bullish for 11 days straight. This indicates an overextended market, with the possibility of a Weekly Head& Shoulders pattern forming around 18500. This is a 10-20% move that should happen in a couple of weeks,...
Looking for atleast 1:15 RR as this is a swing trade. We had a nice impulse from the weekly fib levels. You can look for a re-entry at 2375.
As we saw yesterday when Google dropped -6% and Fed interest stayed the same. Are we seeing first signs of recession starting to fuel up or not? Maybe, maybe not. Anyways, right now on GER40 waiting for a retracement and then looking to execute.
The 0.84 level holds strong as a resistance. The market is not safe right now, we´ll be back next year.
We have hit a 0.786 fib on the Weekly. Keep stops next to highs. Dont overleverage.
Similar to NAS100. Downward strength has entered the market. Look for fib retracements and use smart money concepts.