Price is trading in a descending channel and near the sell entry price of 1.13728 which is also 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Price can potentially dip to the take profit level of 1.12615 which is also 61.8% Fibonacci retracement . Our bearish bias is supported by...
GBPUSD potential for further downtrend | 1st Dec
Price is near the sell entry price of 1.33433 which is also 50% Fibonacci retracement and 100% Fibonacci projection . Price can potentially dip to the take profit level of 1.31970 which is also the graphical swing low level. Our bearish bias is supported by the ichimoku cloud indicator as...
AUDCHF is on bearish momentum! | 1st Dec 2021
Prices are on a bearish momentum. We see potential for a dip from our sell entry at 0.6623 in line with 23.6% and 38.2% Fibonacci retracement towards our Take Profit at 0.65144 in line with 200% Fibonacci Projection . Technical indicators are showing bearish momentum. Any opinions, news, research, analyses,...
AUDNZD is on bearish momentum! | 1st Dec 2021
Price are on bearish momentum and abiding to our bearish trendline . We see potential for a dip from our sell entry at 1.04559 in line with 50% Fibonacci retracement and 61.8% Fibonacci extension towards our Take Profit at 1.03874 which is an area of Fibonacci confluences. Technical indicators are...
GBPCHF bearish continuation | 1st Dec 2021
Price is abiding to the descending trendline resistance, signifying bearish momentum. We can expect price to drop from pivot level in line with 50% Fibonacci retracement and 100% Fibonacci projection towards 1st Support in line with 78.6% Fibonacci extension . Our bearish bias is further supported by the price holding...
Breakout Identified in EURJPY | 1st Dec
Signal ID: 78503 Time Issued: Wednesday, 01 December 2021 04:23:16 GMT Status: open Entry: 128.284 - 128.649 Limit: 129.121 Stop Loss: 127.659 The Breakout Opportunities system has just bought EURJPY at 128.492. The system recommends entering this trade at any price between 128.284 and 128.649. The signal was issued because...
USDCHF bearish continuation | 1st Dec 2021
Price broke out of the ascending trendline support, signifying a bearish momentum. We can expect price to make a drop from the pivot level in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection towards the take profit level in line with 78.6% Fibonacci retracement . Our bearish bias is...
Two ETF Trades to Beat the Market in December
It’s time to unveil December’s two new ETF trades…If you’re just tuning in, these ETF trades come from a strategy I used when I managed $200 million about a decade ago.This is a strategy I’ve been writing about for two months now, describing the rules and the specific way that we implemented the...
AUDNZD is on bearish momentum! | 30 Nov 2021
Prices are on a bearish momentum. We see potential for a dip from our sell entry at 1.04559 in line with 61.8% Fibonacci extension and 50% Fibonacci retracement towards our Take Profit at 1.03874 which is an area of Fibonacci confluences. RSI is showing divergence, further supporting our bias. Any...