Day: November 6, 2023

TitleEURGBP H4 | Bearish reaction off 38.2% fibo? TypeBearish Reversal Preference:Price could rise towards our pivot point at 0.8689, which is a pullback resistance level, aligning with the 38.2% fibo retracement and 61.8% fibo projection. Price could react bearishly and fall to the 1st support at 0.8659, which is a swing low support level. Alternative […]

Title USDCHF H4 | Bullish bounce off 78.6% fibo? Type Bullish Bounce Preference: Price is falling to our pivot point at 0.8945, which is a pullback support level, aligning with the 78.6% fibo retracement. If price bounces off our pivot point, then we can expect price to fall to the 1st support at 0.8883, which […]

TitleSPX500USD H4 | Bearish reversal off pivot? TypeBearish Reversal Preference: Price has been in a strong bullish run in the past few weeks, and we could possibly see a reversal from our pivot point at 4384.7, which is a multi-swing high resistance level. If price reacts bearishly, then we could see price falling to the […]

Currently, silver remains at the median line of the downtrend. The price of silver should rebound from the downtrend line and jump soon. Hence, one could follow the candlestick formations around this downtrend to forecast the potential price movements. The price of the Euro rebounded from the broken downtrend and approached the resistance level of […]