Wise Forex & Stocks
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 zoneβ¦
π Euro / U.S. Dollar π
Last signal hit stop loss. I trade without it, just don't exceed leverage too much. Accumulating positions and taking profits either at target or at breakeven, if the trade goes against my initial plan. Here in the end my target was hit. But I think it is still possible to see it drop lower to 1.087, but in general it is good time to switch back to long position accumulation and 1.087 is a good support for that bounce.
Support 1.0902 / 1.0876 / 1.0838 / 1.0821 / 1.0805
Resistance 1.0936 / 1.095 / 1.0976 / 1.099
@WiseForex #EURUSD #EUR #USD
Last signal hit stop loss. I trade without it, just don't exceed leverage too much. Accumulating positions and taking profits either at target or at breakeven, if the trade goes against my initial plan. Here in the end my target was hit. But I think it is still possible to see it drop lower to 1.087, but in general it is good time to switch back to long position accumulation and 1.087 is a good support for that bounce.
Support 1.0902 / 1.0876 / 1.0838 / 1.0821 / 1.0805
Resistance 1.0936 / 1.095 / 1.0976 / 1.099
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Wise Forex & Stocks
π EUR / GBP π All short target zones triggered and two targets hit. Profit 30-40 pips. If you haven't closed yet, hold. Will fall lower. If you have closed, open new short on that bounce to ~0.8975 zone. Original signal: Short that bounce from 0.8975 / 0.8981β¦
π EUR / GBP π
All targets hit β Maximum profit 46 pips.
Now reversing back up, but that chart ain't giving strong hints on direction and levels, so better wait for stronger signals from price action.
Original signal:
Short that bounce from 0.8975 / 0.8981 / 0.8987. Increase position size exponentially.
Targets 0.8955 / 08950 / 0.8940. Up to 40 pips on that scalp.
@WiseForex #GBP #EUR #EURGBP
All targets hit β Maximum profit 46 pips.
Now reversing back up, but that chart ain't giving strong hints on direction and levels, so better wait for stronger signals from price action.
Original signal:
Short that bounce from 0.8975 / 0.8981 / 0.8987. Increase position size exponentially.
Targets 0.8955 / 08950 / 0.8940. Up to 40 pips on that scalp.
@WiseForex #GBP #EUR #EURGBP
π GOLD / USD π
GODL consolidates after retracement. If next move down will meet support at 1730 we may expect price to grow higher to ~1747. If not, drop to 1720 which will be second test of that support and potential fall to 1700-1705.
Resistance 1737 - 1742 - 1760 - 1770
Support 1730 - 1720 - 1715 - 1705 - 1697 - 1686
@WiseForex #XAUUSD #Gold #XAU
GODL consolidates after retracement. If next move down will meet support at 1730 we may expect price to grow higher to ~1747. If not, drop to 1720 which will be second test of that support and potential fall to 1700-1705.
Resistance 1737 - 1742 - 1760 - 1770
Support 1730 - 1720 - 1715 - 1705 - 1697 - 1686
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Wise Forex & Stocks
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 onβ¦
π BRENT oil π
Oil met resistance at 35.05 level, same that dumped price lower in March. Friday candle closed leaving possibilities for both directions, but I favor lower retracement. On Monday if price won't get above 35.58, within following days it can dump lower to 31.16 / 30.30.
May 18th post: 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 32.45 / 31.16 / 30.30 / 28.50
π― Resistance 34.4 / 34.8 / 35 / 35.7 / 37.70
@WiseForex #Brent #UKOil
Oil met resistance at 35.05 level, same that dumped price lower in March. Friday candle closed leaving possibilities for both directions, but I favor lower retracement. On Monday if price won't get above 35.58, within following days it can dump lower to 31.16 / 30.30.
May 18th post: 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 32.45 / 31.16 / 30.30 / 28.50
π― Resistance 34.4 / 34.8 / 35 / 35.7 / 37.70
@WiseForex #Brent #UKOil
π GOLD / USD π
GOLD trade goes according to plan. Price pulled back to 1724. Now testing 1730 SR from below. If break it, targets 1739 / 1747 and potentially higher. If not - fall to 1700-1705.
Last May 22nd post: If next move down will meet support at 1730 we may expect price to grow higher to ~1747. If not, drop to 1720 which will be second test of that support and potential fall to 1700-1705.
Resistance 1730 - 1737 - 1742 - 1760 - 1770
Support 1720 - 1715 - 1705 - 1697 - 1686
@WiseForex #XAUUSD #Gold #XAU
GOLD trade goes according to plan. Price pulled back to 1724. Now testing 1730 SR from below. If break it, targets 1739 / 1747 and potentially higher. If not - fall to 1700-1705.
Last May 22nd post: If next move down will meet support at 1730 we may expect price to grow higher to ~1747. If not, drop to 1720 which will be second test of that support and potential fall to 1700-1705.
Resistance 1730 - 1737 - 1742 - 1760 - 1770
Support 1720 - 1715 - 1705 - 1697 - 1686
@WiseForex #XAUUSD #Gold #XAU
π AUD / JPY π
Yen is weak today so all the pairs are trying to grow against it. This chart show rather slow growth. May expect it to grow 10-20 pips up to 70.6-70.7. That will be strong resistance and good zone for short. Target for short 70 support.
π Support 70.23 / 69.97 / 69.79
π― Resistance 70.59 / 70.69 / 70.95
@WiseForex #AUD #JPY #AUDJPY
Yen is weak today so all the pairs are trying to grow against it. This chart show rather slow growth. May expect it to grow 10-20 pips up to 70.6-70.7. That will be strong resistance and good zone for short. Target for short 70 support.
π Support 70.23 / 69.97 / 69.79
π― Resistance 70.59 / 70.69 / 70.95
@WiseForex #AUD #JPY #AUDJPY
Wise Forex & Stocks
π Euro / U.S. Dollar π Last signal hit stop loss. I trade without it, just don't exceed leverage too much. Accumulating positions and taking profits either at target or at breakeven, if the trade goes against my initial plan. Here in the end my target wasβ¦
π Euro / U.S. Dollar π
That wick perfectly landed to our long zone π and went up by 40 pips to 1.09146. Nearest minor support is 1.089. Doesn't look very bullish at the moment - can see it fall to 1.084 easily. If you still long, consider closing it at ~1.09 and open back at the same level 1.087 or below at 1.084.
Last post: it is good time to switch back to long position accumulation and 1.087 is a good support for that bounce.
@WiseForex #EURUSD #EUR #USD
That wick perfectly landed to our long zone π and went up by 40 pips to 1.09146. Nearest minor support is 1.089. Doesn't look very bullish at the moment - can see it fall to 1.084 easily. If you still long, consider closing it at ~1.09 and open back at the same level 1.087 or below at 1.084.
Last post: it is good time to switch back to long position accumulation and 1.087 is a good support for that bounce.
@WiseForex #EURUSD #EUR #USD
What a beautiful consolidation at Dollar Index. Should pump soon. Keep that in mind when trade USD pairs next time it get close to 100 π
@WiseForex #DXY #DollarIndex
@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
π BRENT oil π Oil met resistance at 35.05 level, same that dumped price lower in March. Friday candle closed leaving possibilities for both directions, but I favor lower retracement. On Monday if price won't get above 35.58, within following days it can dumpβ¦
π BRENT oil π
Oil didn't get above previous HH so my retracement forecast going live. At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and 45.2. So we may expect this gap to be filled sooner or later. The only question is how low it will dip before the pump. Grand scale assumes drop down to 23$ (but that is rather long term perspectives that may not come true).
May 24th post: On Monday if price won't get above 35.58, within following days it can dump lower to 31.16 / 30.30.
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
@WiseForex #Brent #UKOil
Oil didn't get above previous HH so my retracement forecast going live. At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and 45.2. So we may expect this gap to be filled sooner or later. The only question is how low it will dip before the pump. Grand scale assumes drop down to 23$ (but that is rather long term perspectives that may not come true).
May 24th post: On Monday if price won't get above 35.58, within following days it can dump lower to 31.16 / 30.30.
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
@WiseForex #Brent #UKOil
π USD / CAD π
Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833
Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365
@WiseForex #CAD #USD #USDCAD
Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833
Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365
@WiseForex #CAD #USD #USDCAD