Day: May 10, 2023

TitleUSDCHF H1 | React off 61.8% TypeBearish Reversal Preference:Price is approaching our pivot at 0.893 which is a pullback resistance level that lines up with 61.8% Fibonacci retracement. A reverse from here, price could drop to 1st support at 0.88873 which is a swing low support level Alternative scenario:However, if price breaks above the pivot, […]

TitleNZDUSD H4 | Falling to pivot point TypeBullish bounce Preference:Price is falling to our pivot point at 0.63114 which is a pullback support level. A bounce from here, price could push up to 1st resistance at 0.6352 which is just before a swing high resistance Alternative scenario:However, if price breaks below the pivot, it could […]