On the H4, with price moving above the ichimoku indicator and along an ascending trendline, we have a bullish bias that price will rise to buy entry at 33493 where the pullback resistance is. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum...
ETHUSD Potential for Bullish Continuation| 12th August 2022
On the H4, with price moving within an ascending channel and above the ichimoku indicator, we are bullish bias. we are waiting for pull back to take a buy entry at 1802.22. The bullish momentum should carry price to our take profit at 1942.59 where swing high sits. Alternatively, price...
USDJPY Potential for Bearish Continuation| 12th August 2022
On the H4, prices are still respecting the descending trend and are testing the 50% fibonacci retracement . If prices continues with the bearish momentum, we are looking at price pulling back to our sell entry at 135.586 where the fibonacci 61.8% sits. if price were to continue with the...
EURUSD Potential for Bullish Continuation| 12th August 2022
On the H4, with prices moving along the ascending trend and above the ichimoku indicator, we are bullish bias. we're looking for a buy entry when prices pull back to 38.2% fibonacci retracement at 1.028, take profit at the previous swing high as well as 61.8% fibonacci retracement 1.036 and...
BABA Potential for Bearish Drop | 12th August 2022
On H4, as there is a bearish divergence of price and MACD , and the price is almost breaking the ascending trend line , we have a bearish bias that the price may drop from our sell entry at 162.78, where the price is testing. If the price break the...
XAUUSD Potential for Bearish Drop | 12th August 2022
On the H4, with prices breaking the ascending trendline and MACD histograms are expanding below zero axis, we have a bearish bias that the price may drop from the sell entry at 1782.660, which is in line with the overlap support and 23.6% fibonacci retracement to the take profit at...
AUDUSD Potential for Bullish Countitunation | 12th August 2022
On the H4, with the price is over ichimoku cloud and MACD histograms are above zero axis, we have a bullish bias that price may rise from the buy entry at 0.70679, where the pullback support and 23.6% fibonacci retracement are to the take profit at 0.71603 where the 78.6%...
S&P 500 (SPX) Potential for bearish drop | 10th August 2022
On the H4, with price breaking out of the ascending channel and reversing off the stochastic resistance, we have a bearish bias that price will drop to our sell entry at 4087.73 where the overlap support, 23.6% fibonacci retracement and 100% fibonacci projection are. Once there is downside confirmation that...
BITCOIN (BTCUSD) Potential for bullish rise | 10th August 2022
On the H4, with price moving within a bullish channel and RSI moving along an ascending trendline, we have a bullish bias that price will rise from our buy entry at 22560.82 where the pullback support, 61.8% fibonacci retracement and 78.6% fibonacci projection are to the take profit at 24703.69...
USDJPY Potential for Bearish Continuation| 4th August 2022
On the H4, with price breaking out of an ascending channel , we have a bearish bias that price will drop. we're looking for a short entry at 1714.79 as we wait for a pullback before an entrty. take profit level at 1633.12 where our 78.6% fibonacci retracement sits. alternatively...