With RSI moving within a downtrend channel , we have a bearish bias that price will drop to our take profit at 246.88 where the horizontal swing low support is from our sell entry at 275.80 in line with the horizontal overlap resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement...
USDJPY, Potential for bullish momentum | 8th June 2022
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our buy entry at 132.512 where the horizontal swing low support is to our take profit at 134.450 in line with the 161.8% fibonacci extension and 78.6% fibonacci projection ....
BTCUSD Potential Bearish Continuation
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the sell entry at 29365.47 at the swing low in line with the 61.8% fibonacci projection to the take profit at 27331.52 at the horizontal swing low. Alternatively, price...
Nikkei 225 Potential Bullish Continuation
On the H4, with price moving above the ichimoku cloud and within the ascending trend channel, we have a bullish bias that price will continue to rise from our entry at 27760 in line with the overlap swing high to our take profit at 28410 in line with the 127.20%...
AUDUSD Potential Bearish Momentum
On the H4, price recently broke out of the ascending trend channel and is in a bearish pressure area indicated on our MACD indicator, which supports our bearish bias that price will drop from the sell entry at 0.71718 at the overlap resistance to the take profit at 0.70077 in...
TSLA Potential for bullish momentum | 7 June 2022
On the H4, with MACD showing bullish momentum and breakout from descending channel , we have a bullish bias that price will rise from our buy entry at 699.29 where the horizontal pullback support and 50% fibonacci retracement are to our take profit at 821.99 in line with the pullback...
USDJPY, Potential for bullish momentum | 7th June 2022
On the H4, with prices moving above the ichimoku indicator and breakout from descending trendline, we have a bullish bias that price will rise from our buy entry at 131.273 where the horizontal overlap support is to our take profit at 134.450 in line with the 161.8% fibonacci extension and...
USDCHF potential for drop! | 2nd June 2022
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop to our 1st support at 0.95223 where the 61.8% Fibonacci retracement is from our 1st resistance at 0.96673 in line with the pullback resistance. Alternatively, price may break 1st resistance...
DJI potential for rise! | 2nd June 2022
On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our 1st support at 32814 where the 23.6% Fibonacci retracement is to our 1st resistance at 33463 in line with the swing high resistance. Any opinions, news, research, analyses,...
Oil potential for rise! | 2nd June 2022
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise from our 1st support at 111.83 where the 50% Fibonacci retracement is from our 1st resistance at 114.56 in line with the horizontal pullback resistance. Alternatively, price may break...