Tag: tickmill
TitleEURUSD H4 | Bearish Reversal? TypeBearish Reversal Preference:The price is rising toward our pivot point of 1.0981, which serves as a pullback resistance level aligning with the 23.6% Fibonacci. A reversal from this point could lead the price to drop to the 1st support at 1.0911, an overlap support level. Alternative scenario:However, if the price […]
TitleNAS100USD H4 | Potential bearish breakout TypeBearish Breakout Preference:Price is falling towards the pivot point of 16542.7 which is a pullback support and could potentially break under this level; we could see momentum carry price down to its 1st support at 16321.47 which is a support level that aligns with a confluence of Fibonacci levels […]
TitleGBPUSD H4 | Potential Bearish reversal TypeBearish Reversal Preference:The price is rising toward our pivot point of 1.2688, which serves as a pullback resistance level aligning with the 38.2% Fibonacci. A reversal from this point could lead the price to drop to the 1st support at 1.2581, a pullback support level. Alternative scenario:However, if the […]
TitleGBPUSD H4 | Bullish bounce TypeBullish Bounce Preference:GBPUSD has bounced off the pivot at 1.27194, a multi-swing low support, the price could continue rising to 1st resistance level at 1.2813, the swing-high resistance. Alternative scenario:The price could pullback and revert to the 1st support at 1.26903, the overlap support which aligns with the 61.8% Fibonacci […]
TitleXAUUSD H4 | Potential bearish breakout TypeBearish Breakout Preference:XAUUSD could break out of the pivot at 2064.042, the multi-swing low support, and could fall to the 1st support at 2037.288, the overlap support level. Alternative scenario: The price could potentially rise to the 1st resistance at 2090.795, the swing-high resistance level. To discuss this trading […]
TitleGBPJPY H4 | Bouncing off 23.6% Fibonacci Level TypeBullish Bounce Preference:GBPJPY is bouncing off the pivot at 179.821, the pullback support that also aligns with the 23.6% Fibonacci retracement level. The price could continue rising to the 1st resistance at 182.195, the swing-high resistance. Alternative scenario:The price could pullback and reverse to the 1st support […]
TitleCADJPY H4 | Rising to resistance level TypeBullish Bounce Preference:CADJPY could continue the uptrend from the pivot at 106.501, the pullback support, and rise to the 1st resistance at 108.107, the multi-swing high resistance level. Alternative scenario:The price could pullback and reverse to the 1st support at 106.199, which aligns with the 61.8% Fibonacci retracement. […]
TitleGBPUSD Day | Bullish bounce TypeBullish Bounce Preference:GBPUSD has bounced off the pivot at 1.27669, a pullback support, and is rising to the 1st resistance at 1.29933, the swing-high resistance. Alternative scenario:The price could pullback and reverse to the 1st support at 1.26335, the swing-low support. To discuss this trading idea, head over to Tickmill […]
TitleUSDJPY H4 | Bearish breakout TypeBearish Drop Preference:USDJPY is breaking out of the pivot at 141.132, the swing-low support, and is falling to the 1st support at 138.662, also a swing-low support. Alternative scenario:The price could bounce off the swing-low support at 141.168, and rise to the 1st resistance level at 142.848, the pullback resistance. […]
TitleEURUSD H4 | Potential bullish breakout TypeBullish Breakout Preference:EURUSD could breakout of the pivot at 1.11381, the swing-high resistance, and the price could then rise to the 1st resistance at 1.12531, the swing-high resistance. Alternative scenario: Price could reverse from the swing-high resistance at 1.11381, and fall to the 1st support at 1.10641, the pullback […]