Wise Forex & Stocks
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I post stocks and Forex analysis here for swing trading strategy. Mostly higher timeframes.

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πŸ“ˆ EUR / GBP πŸ“‰

Perfect trade setup. Bounced and so far, as I expected as well, growing above 0.8731 resistance. Candle not closed yet, so I won't predict if it will grow higher. So far look bullish, but if close doji, can pullback as I drawn yesterday back to 0.8966 (although it already wicked there before). Otherwise next target 0.8755.

So far profit up to 49 pips πŸ‘

Last post: Going to test that support level again. Wait for next two candles. Possible price will wick down to 0.8671 or bounce higher. Expecting it to bounce and test 0.8731 at least. Big picture leaves space for breakout above that nearest resistance as well.

πŸ›’ Support 0.8715 / 0.8697 / 0.8671
🎯 Resistance 0.8731 / 0.8755 / 0.8775 / 0.8789

@WiseForex #GBP #EUR #EURGBP
πŸ“ˆ GBP / JPY πŸ“‰

Britain is in deep shit with its Coronavirus statistics comparing to Japan. Its a bit late to short it, as it gives bad risk reward.

At week chart it is pretty clear that support zone at ~129.2 posses high potential for bounce. Better wait for confirmation of reversal. Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.

πŸ›’ Support 130.43 / 129.26 / 126.55 / 124.69
🎯 Resistance 131.23 / 131.91 / 133.54

@WiseForex #GBP #JPY #GBPJPY
Wise Forex & Stocks
πŸ“ˆ S&P 500 Index πŸ“‰ First test of 2890 was rejected. Now second attempt. I've sold full position yesterday, and now enter with half amount for breakeven. Target 2940-2950. Risky move. Have stop or sell at 2885 if moves down to 2880. April 30th post: If you…
πŸ“ˆ S&P 500 Index πŸ“‰

S&P500 made another swing up and now should be pulling back to 2891 / 2875. Still has time to fall there today, but bounce I expect should happen only next week. Target the same ~2950.

πŸ›’ Support 2890 - 2855 - 2830 - 2814
🎯 Resistance 2930 - 2950 - 2990 - 3080

@WiseForex #SP500
Wise Forex & Stocks
πŸ“ˆ GBP / JPY πŸ“‰ Britain is in deep shit with its Coronavirus statistics comparing to Japan. Its a bit late to short it, as it gives bad risk reward. At week chart it is pretty clear that support zone at ~129.2 posses high potential for bounce. Better wait…
πŸ“ˆ GBP / JPY πŸ“‰

Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7

May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.

Original signal:
πŸ›’ Support 130.43 / 129.26 / 126.55 / 124.69
🎯 Resistance 131.23 / 131.91 / 133.54

@WiseForex #GBP #JPY #GBPJPY
Wise Forex & Stocks
πŸ“ˆ GBP / JPY πŸ“‰ Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7 May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak.…
πŸ“ˆ GBP / JPY πŸ“‰

Hey, we've closed half of position at 132.8 with profit 220-250 pips πŸ€‘ 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 132.5 and let these 50% grow to 133.5. Might not get there, but we are in good profit in any case πŸ‘

May 8th: Price bounced from 130.4 support zone (wicked to 130.66). Now growing towards 132.8. Safe close long there. May leave 50% for 133.5. Move stop to 131.7

May 6th post: Zone around 130.43 also act as support, but might turn out to be too weak. So again, better wait for reversal signs. No blind trade here yet.

Original signal:
πŸ›’ Support 130.43 / 129.26 / 126.55 / 124.69
🎯 Resistance 131.23 / 131.91 / 133.54

@WiseForex #GBP #JPY #GBPJPY
Wise Forex & Stocks
πŸ“ˆ EUR / GBP πŸ“‰ Perfect trade setup. Bounced and so far, as I expected as well, growing above 0.8731 resistance. Candle not closed yet, so I won't predict if it will grow higher. So far look bullish, but if close doji, can pullback as I drawn yesterday back…
πŸ“ˆ EUR / GBP πŸ“‰

This trade hit last target at 0.8789 and even wicked a little higher. Profit 100-115 pips πŸ€‘

I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal - 0.8775 / 0.8789.

Last post: Going to test that support level again. Wait for next two candles. Possible price will wick down to 0.8671 or bounce higher. Expecting it to bounce and test 0.8731 at least. Big picture leaves space for breakout above that nearest resistance as well.

πŸ›’ Support 0.8715 / 0.8697 / 0.8671
🎯 Resistance 0.8731 / 0.8755 / 0.8775 / 0.8789

@WiseForex #GBP #EUR #EURGBP
Wise Forex & Stocks
πŸ“ˆ S&P 500 Index πŸ“‰ S&P500 made another swing up and now should be pulling back to 2891 / 2875. Still has time to fall there today, but bounce I expect should happen only next week. Target the same ~2950. πŸ›’ Support 2890 - 2855 - 2830 - 2814 🎯 Resistance…
πŸ“ˆ S&P 500 Index πŸ“‰

S&P500 managed to get to 2950 resistance after which it fell to given support and bounced from 2896. Decisive moment now. If today won't make it above previous lower higher (2953.4), then highly possible it will pullback to ~2870-2855. In case of bullish move should get to ~2970-2990.

πŸ›’ Support 2920 - 2890 - 2855 - 2830 - 2814
🎯 Resistance 2950 - 2990 - 3080 - 3138

@WiseForex #SP500
Wise Forex & Stocks
πŸ“ˆ Euro / U.S. Dollar πŸ“‰ As expected EURO/USD made wick up, took our short order and went down to the second target zone. Move is not over, zone haven't bounced yet. Wait with long order. Sure it will drop down lower below green price mark price. But trade…
πŸ“ˆ Euro / U.S. Dollar πŸ“‰

Short signal profit 93-103 pips. As promised, wicked below green mark zone. Long profit for given targets 93 pips out of 108 maximum.

Now rejected from 1.0875 resistance. Good to enter short from 1.08690 with targets 1.08383 / 1.08233 / 1.0806.
Stop loss above 1.08780.

If stop triggered, flip into long position with targets 1.0899 / 1.09333

Support 1.08383 / 1.08233 / 1.0806
Resistance 1.0899 / 1.09333 / 1.09520 / 1.09750

@WiseForex #EURUSD #EUR #USD
Wise Forex & Stocks
πŸ“ˆ EUR / GBP πŸ“‰ This trade hit last target at 0.8789 and even wicked a little higher. Profit 100-115 pips πŸ€‘ I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal -…
πŸ“ˆ EUR / GBP πŸ“‰

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. Instead plan long orders there.

Safe target 0.8850. Or hold longer for 0.8888 / 0.8986 / 0.9100

Last post: I feel 0.8731-0.8745 still act as good support, so I recommend to enter long within that zone. Same targets/resistance zones from original signal - 0.8775 / 0.8789.

πŸ›’ Support 0.8786 / 0.8765 / 0.8750 / 0.8731
🎯 Resistance 0.8850 / 0.8888 / 0.8986 / 0.9100

@WiseForex #GBP #EUR #EURGBP
πŸ“ˆ AUD / USD πŸ“‰

Keep an eye on AUD/USD. This might be either a best moment for short, or a start of reversal. But better wait with long orders till price establish itself above 0.651, breaking descending trendline.

πŸ›’ Support 0.6434 / 0.6368 / 0.6249 / 0.6135
🎯 Resistance 0.6510 / 0.6570 / 0.6671 / 0.6762

@WiseForex #AUD #USD #AUDUSD