π Euro / U.S. Dollar π
Last trade setup failed, got wicked out at that second test of 1.0875 resistance. Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips at least.
Support 1.0775 / 1.0757 / 1.0727
Resistance 1.0805 / 1.082 / 1.0838 / 1.0875
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Last trade setup failed, got wicked out at that second test of 1.0875 resistance. Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips at least.
Support 1.0775 / 1.0757 / 1.0727
Resistance 1.0805 / 1.082 / 1.0838 / 1.0875
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Wise Forex & Stocks
π GOLD / USD π Wasn't writing about gold since May 5th. Forecast given back then succeeded π Now back at 1720 resistance. I see potential breakout here. Safe trade would be to wait for breakout and enter Gold on re-test of 1720 SR from the other side. Butβ¦
π GOLD / USD π
GOLD broke out 1720 resistance and went directly to higher high price left after April bullish move. Now we have new higher high and at month timeframe this chart look very bullish. But that is month. Since price was growing without any sufficient pullback all week, beginning of next week may bring small retracement. Only small as week TF also look very bullish and price growth seem to be logical continuation. Targets 1720 - 1730. Don't short, build long position from there.
Resistance 1750 - 1770 - 1789 - 1810
Support 1730 - 1720 - 1715 - 1700
@WiseForex #XAUUSD #Gold #XAU
GOLD broke out 1720 resistance and went directly to higher high price left after April bullish move. Now we have new higher high and at month timeframe this chart look very bullish. But that is month. Since price was growing without any sufficient pullback all week, beginning of next week may bring small retracement. Only small as week TF also look very bullish and price growth seem to be logical continuation. Targets 1720 - 1730. Don't short, build long position from there.
Resistance 1750 - 1770 - 1789 - 1810
Support 1730 - 1720 - 1715 - 1700
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Wise Forex & Stocks
π S&P 500 Index π S&P500 didn't make it above 2950 and that started retracement. First bounce zone / target was hit on initial impulse move, made a small bounce and continued falling lower. Nearest support for next bounce at 2760-2780 zone. But seem to beβ¦
π S&P 500 Index π
S&P500 bounced from 2760-2780 support zone. Closed week on second attempt to break 2855-2860 resistance. Next week good chance for breakout to 2890 - 2915.
May 14th post: Nearest support for next bounce at 2760-2780 zone.
π Support 2850 - 2825 - 2815 - 2790 - 2770
π― Resistance 2890 - 2915 - 2930 - 2950
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S&P500 bounced from 2760-2780 support zone. Closed week on second attempt to break 2855-2860 resistance. Next week good chance for breakout to 2890 - 2915.
May 14th post: Nearest support for next bounce at 2760-2780 zone.
π Support 2850 - 2825 - 2815 - 2790 - 2770
π― Resistance 2890 - 2915 - 2930 - 2950
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Wise Forex & Stocks
π GBP / JPY π Hey, we've closed half of position at 132.8 with profit 220-250 pips π€ Not bad. Price dumped back from that level, but didn't reach our stop loss, and now back to the same level. No need to give market back what we've earned. Move stop to 132.5β¦
π GBP / JPY π
Last trade with this pair brought ~250 pips. Now falling to 129.1-129.3 support. Trade bounce from that zone to 130 (safe target) or 130.4.
π Support 129.2 / 128 / 127.3 / 126.55
π― Resistance 130 / 130.4 / 130.8 / 131.4
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Last trade with this pair brought ~250 pips. Now falling to 129.1-129.3 support. Trade bounce from that zone to 130 (safe target) or 130.4.
π Support 129.2 / 128 / 127.3 / 126.55
π― Resistance 130 / 130.4 / 130.8 / 131.4
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Wise Forex & Stocks
π GBP / JPY π Last trade with this pair brought ~250 pips. Now falling to 129.1-129.3 support. Trade bounce from that zone to 130 (safe target) or 130.4. π Support 129.2 / 128 / 127.3 / 126.55 π― Resistance 130 / 130.4 / 130.8 / 131.4 @WiseForexβ¦
π GBP / JPY π
Bounced a little higher. Hopefully those of you who are less greedy grabbed it π So far +65 pips from that dip. HODL! Should get above 130 at least. You may set SL at breakeven.
π Support 129.2 / 128 / 127.3 / 126.55
π― Resistance 130 / 130.4 / 130.8 / 131.4
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Bounced a little higher. Hopefully those of you who are less greedy grabbed it π So far +65 pips from that dip. HODL! Should get above 130 at least. You may set SL at breakeven.
π Support 129.2 / 128 / 127.3 / 126.55
π― Resistance 130 / 130.4 / 130.8 / 131.4
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Wise Forex & Stocks
π EUR / GBP π Ok, bounced 6 pips above given buy zone and hit 0.8855. Theoretical profit up to 103 pips, but can't take credit for it. Now big trend is turning bullish. Will fall to 0.8765 - 0.8786, but I don't recommend shorting against the trend. Insteadβ¦
π EUR / GBP π
Told you this chart is bullish π Posted when price was 88245 and it actually didn't fall lower since then. Made 134 pips progress since then π Now pulling back to 0.8877 / 0.8860 / 0.8840.
π Support 0.8885 / 0.8885 / 0.8842 / 0.8825
π― Resistance 0.9133 / 0.8944 / 0.8961 / 0.9000
May 13th post: Now big trend is turning bullish. Will fall to 0.8765 - 0.8786, but I don't recommend shorting against the trend. Instead plan long orders there. Safe target 0.8850. Or hold longer for 0.8888 / 0.8986 / 0.9100
@WiseForex #GBP #EUR #EURGBP
Told you this chart is bullish π Posted when price was 88245 and it actually didn't fall lower since then. Made 134 pips progress since then π Now pulling back to 0.8877 / 0.8860 / 0.8840.
π Support 0.8885 / 0.8885 / 0.8842 / 0.8825
π― Resistance 0.9133 / 0.8944 / 0.8961 / 0.9000
May 13th post: Now big trend is turning bullish. Will fall to 0.8765 - 0.8786, but I don't recommend shorting against the trend. Instead plan long orders there. Safe target 0.8850. Or hold longer for 0.8888 / 0.8986 / 0.9100
@WiseForex #GBP #EUR #EURGBP
Wise Forex & Stocks
π S&P 500 Index π S&P500 bounced from 2760-2780 support zone. Closed week on second attempt to break 2855-2860 resistance. Next week good chance for breakout to 2890 - 2915. May 14th post: Nearest support for next bounce at 2760-2780 zone. π Support β¦
π S&P 500 Index π
S&P500 made breakout move as forecasted π 1.6% or 459$ progress. Nice profit.
Now below 2900 resistance. Watch 4H candle. Still possible it will wick to 2915, but if in 3 hours it close around the same price, possible pullback to 2870 - 2855 (2830 possible target for deeper wick and longer term). Remember, shorting against the trend is dangerous, although it may be a good scalp.
Yesterday post: Next week good chance for breakout to 2890 - 2915.
π Support 2850 - 2825 - 2815 - 2790 - 2770
π― Resistance 2890 - 2915 - 2930 - 2950
@WiseForex #SP500
S&P500 made breakout move as forecasted π 1.6% or 459$ progress. Nice profit.
Now below 2900 resistance. Watch 4H candle. Still possible it will wick to 2915, but if in 3 hours it close around the same price, possible pullback to 2870 - 2855 (2830 possible target for deeper wick and longer term). Remember, shorting against the trend is dangerous, although it may be a good scalp.
Yesterday post: Next week good chance for breakout to 2890 - 2915.
π Support 2850 - 2825 - 2815 - 2790 - 2770
π― Resistance 2890 - 2915 - 2930 - 2950
@WiseForex #SP500
Wise Forex & Stocks
π GOLD / USD π GOLD broke out 1720 resistance and went directly to higher high price left after April bullish move. Now we have new higher high and at month timeframe this chart look very bullish. But that is month. Since price was growing without any sufficientβ¦
π GOLD / USD π
As forecasted Gold continue growing. Nearest strong resistance at 1770. Think of starting to build short position above that level. Very slowly, very carefully as it goes against the trend.
Last post: week TF also look very bullish and price growth seem to be logical continuation. Targets 1720 - 1730. Don't short, build long position from there.
Resistance 1770 - 1789 - 1796 - 1810 - 1825
Support 1750 - 1730 - 1720 - 1715 - 1700
@WiseForex #XAUUSD #Gold #XAU
As forecasted Gold continue growing. Nearest strong resistance at 1770. Think of starting to build short position above that level. Very slowly, very carefully as it goes against the trend.
Last post: week TF also look very bullish and price growth seem to be logical continuation. Targets 1720 - 1730. Don't short, build long position from there.
Resistance 1770 - 1789 - 1796 - 1810 - 1825
Support 1750 - 1730 - 1720 - 1715 - 1700
@WiseForex #XAUUSD #Gold #XAU
Wise Forex & Stocks
π Euro / U.S. Dollar π Last trade setup failed, got wicked out at that second test of 1.0875 resistance. Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips atβ¦
π Euro / U.S. Dollar π
Bounced from 1.078 and hit 3 nearest resistance zones. Highest wick to 1.085 for up to 70 pips π€ Don't really like that pair now. Moving sideway in a gigantic descending triangle. You may scalp it between 1.077 and 1.082. But be ready for breakout into one of directions at certain moment. Break down will take it to 1.072 and break up will take it 1.087.
May 14th post: Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips at least.
Support 1.0805 / 1.0788 / 1.0775 / 1.0766 / 1.0756 / 1.0727
Resistance 1.082 / 1.0838 / 1.085 / 1.0875 / 1.0898
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Bounced from 1.078 and hit 3 nearest resistance zones. Highest wick to 1.085 for up to 70 pips π€ Don't really like that pair now. Moving sideway in a gigantic descending triangle. You may scalp it between 1.077 and 1.082. But be ready for breakout into one of directions at certain moment. Break down will take it to 1.072 and break up will take it 1.087.
May 14th post: Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips at least.
Support 1.0805 / 1.0788 / 1.0775 / 1.0766 / 1.0756 / 1.0727
Resistance 1.082 / 1.0838 / 1.085 / 1.0875 / 1.0898
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Wise Forex & Stocks
π BRENT oil π Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction π Safe target for bullish move 33.5, for bearish - 26.7 π Support 28 / 27 / 24.5 / 23 π― Resistance 30 / 32.2 / 33.5 / 36 @WiseForexβ¦
π BRENT oil π
Breakout gave nice impulse for 15% growth ππ€ Should grow a little more, but same as gold getting overbought and might pullback soon to 32.2 / 30 support.
May 14th post: Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction π Safe target for bullish move 33.5, for bearish - 26.7
π Support 32.2 / 30 / 28 / 26.7
π― Resistance 34.5 / 36.2 / 37.8
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Breakout gave nice impulse for 15% growth ππ€ Should grow a little more, but same as gold getting overbought and might pullback soon to 32.2 / 30 support.
May 14th post: Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction π Safe target for bullish move 33.5, for bearish - 26.7
π Support 32.2 / 30 / 28 / 26.7
π― Resistance 34.5 / 36.2 / 37.8
@WiseForex #Brent #UKOil
Oil Prices Soar 5%
Crude oil jumps above $31 for the first time in two months.
Crude oil jumps above $31 for the first time in two months.
π Euro / U.S. Dollar π
Wow. That bullish breakout hit both our targets and went above.
Now good to short from 1.0936 - 1.095 zone down to 1.09 or little riskier lower 1.0875. Stop above 1.09525.
May 14th post: Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips at least.
Support 1.09 / 1.0876 / 1.0838 / 1.0821 / 1.0805
Resistance 1.0936 / 1.095 / 1.0976 / 1.099
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Wow. That bullish breakout hit both our targets and went above.
Now good to short from 1.0936 - 1.095 zone down to 1.09 or little riskier lower 1.0875. Stop above 1.09525.
May 14th post: Now at ~1.0775 support. Should be a good zone to start accumulating long position with targets at nearest resistance. Bounce should give 30-50 pips at least.
Support 1.09 / 1.0876 / 1.0838 / 1.0821 / 1.0805
Resistance 1.0936 / 1.095 / 1.0976 / 1.099
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