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...
NZDUSD Potential Bearish Continuation
On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our sell entry at 0.64738 in line with the 23.6% fibonacci retracement and overlap resistance to our 1st support at...
GBPUSD Potential for bearish momentum | 2nd June 2022
On the H4, with MACD moving in bearish momentum and price breakout from ascending channel , we have a bearish bias that price will drop from our sell entry at 1.25038 where the horizontal overlap resistance is to our take profit at 1.23950 in line with the 61.8% Fibonacci projection...
TSLA Potential for bullish momentum | 1st 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 699.91 where the horizontal overlap support is to our take profit at 821.99 in line with the pullback resistance, 61,8% Fibonacci retracement...
Potential for Bearish Momentum
On the H4, with price entering a bearish pressure area on our MACD indicator, we have a bearish bias that price will drop from our sell entry at 4143.75 in line with the 50% fibonacci retracement to our take profit at 3971.25 in line with the 61.8% fibonacci retracement and...
Potential for Bearish Momentum
On the H4, with price showing bearish pressure on the MACD indicator and price recently breaking the ascending trend channel, we have a bearish bias that price will drop from our 1st overlap resistance at 1.07492 to our 1st support at 1.0542 in line with the 23.6% fibonacci retracement and...
MSFT Potential for bearish momentum | 27th May 2022
With prices below the ichimoku indicator, we have a bearish bias that price will drop to our take profit at 252.33 where the horizontal pullback support is from our sell entry at 271.89 in line with the horizontal overlap resistance, 61.8% fibonacci projection and 38.2% fibonacci retracement . Alternatively, price...
GBPUSD Potential for bullish momentum | 27th May 2022
With price moving above the ichimoku indicator and the stochastic indicator moving in an uptrend channel , we have a bullish bias that price will rise from our buy entry at 1.25933 where the horizontal overlap support and 50% fibonacci retracement to our take profit at 1.27039 in line with...
ETHUSD H4 Potential Bounce | 27th May 2022
On the H4, with price expected to bounce off the stochastics indicator support, we have a bullish bias that price will rise to our 1st resistance at 1885 in line with the 50% Fibonacci retracement and horizontal swing high resistance level from our 1st support of 1737 in line with...
USDCAD H4 Potential Bounce | 27th May 2022
On the H4, with price expected to bounce off the stochastics, we have a bullish bias that price will rise to our 1st resistance at 1.28599 where the horizontal swing high resistance from our 1st support at 1.27126 in line with the swing low support. Any opinions, news, research, analyses,...