On the H4, with prices breaking the ascending channel we are now slightly bearish biased. Our entry will be along 1.211 as we wait for pull back before we short a position. stop loss placed at 1.227 where our swing high and 78.6% retracement sits. with the bearish momentum, we're...
USDJPY Potential for Bullish Continuation| 10th August 2022
On the H4, price is still bullish biased as it fails to pull back to the first support the previous session. It is currently moving towards the first resistance at 135.599 which coincides with the 61.8% Fibonacci retracement and the previous swing low. Our buy entry will be positioned at...
TSLA Potential for Bearish Drop | 10th August 2022
On H4, with the DIF line is breaking below the signal line and the histogram is below zero axis, we have a bearish bias that the price may drop from the sell entry at 833.00, which is in line with the pullback support and 38.2% fibonacci retracement to the take...
XAUUSD Potential for Bullish Countinuation | 10th August 2022
On the H4, with prices moving along the ascending trendline and above the ichimoku cloud , we have a bullish bias that the price may rise from the buy entry at 1794.00, which is in line with the overlap support to the take profit at 1819.57, which is in line...
USDCAD Potential for Bullish Rise | 10th August 2022
On the H4, with the price going above ichimoku cloud , and DIF is breaking the signal line in MACD , we have a bullish bias that the price may rise from our buy entry at 1.28923, which is in line with previous swing high to our 2nd resistance at...
AMZN Potential for Bullish Continuation | 8th August 2022
On H4, with the price moving above the ichimoku cloud and the MACD histogram is above zero while RSI is also moving along the ascending channel , we have bearish bias that the price may rise from the buy entry at 145.05, which is in line with the 61.8% fibonacci...
BCOUSD Potential for Bullish Rise | 8th August 2022
n the H4, with price touching the bond of descending trendline, and the DIF line is breaking the signal line in MACD , we are bullish bias that price will rise from our buy entry at 99.037, which is in line with the pullback support to our take profit at...
GBPUSD Potential for Bearish Continuation| 8th August 2022
On the H4, with prices breaking the ascending channel we are now slightly bearish biased. We are looking to short at 1.216 where the previous swing high sits and take profit at 1.201c where the 50% retracement is at. Alternatively, price could bounce back to test at 1.229 which is...
BTCUSD Potential for Bullish Continuation| 8th August 2022
On the H4, with price moving within a bullish channel , we are bullish bias that price will rise from our buy entry at 22677 to our take profit at 24672.60 where the swing high resistance sits. Alternatively, price could pull back to hit our stop loss at 21817.09 Any...
US30 Potential for Bullish Momentum | 8th August 2022
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from the buy entry at 32654 where the pullback support is to the take profit at 33467 where the swing high resistance, 161.8% fibonacci extension and -61.8% fibonacci expansion are. Alternatively,...