Wise Forex & Stocks
415 subscribers
723 photos
194 links
I post stocks and Forex analysis here for swing trading strategy. Mostly higher timeframes.

Main channel for Crypto - @WiseAnalyze
Download Telegram
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 πŸ˜‰

@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
πŸ“ˆ BRENT oil πŸ“‰ 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…
πŸ“ˆ BRENT oil πŸ“‰

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 πŸ‘ Safe target for bullish move 33.5, for bearish - 26.7

@WiseForex #Brent #UKOil
πŸ“ˆ USD / CAD πŸ“‰

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
Wise Forex & Stocks
πŸ“ˆ Euro / U.S. Dollar πŸ“‰ 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…
πŸ“ˆ Euro / U.S. Dollar πŸ“‰

EUR exceeded my expectations. Check day timeframe to see how really bullish it is. If break above 1.1 will get to 1.11 in a day or two.

Support 1.1000 / 1.0953 / 1.0928
Resistance 1.1033 / 1.1095 / 1.1130

@WiseForex #EURUSD #EUR #USD
πŸ“ˆ Euro / JPY πŸ“‰

EUR is really strong today. Here at EUR/JPY chart we can see a grand bounce (at week timeframe). Now at strongest resistance on the way. Look good to long from 118.4-118, or wait longer for pullback to 117.5. Target for that impulse 120.

Support 118.5 / 118.3 / 118
Resistance 118.7 / 119 / 119.8

@WiseForex #EURJPY #EUR #JPY
Wise Forex & Stocks
πŸ“ˆ BRENT oil πŸ“‰ 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…
πŸ“ˆ BRENT oil πŸ“‰

Bouncing from 34 support. selling some at 35, leaving the rest go higher to 35.7.

Last post: 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).

@WiseForex #Brent #UKOil
Wise Forex & Stocks
πŸ“ˆ USD / CAD πŸ“‰ 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.…
πŸ“ˆ USD / CAD πŸ“‰

1) Re-test of 1.383 SR from below. βœ…
2) Targets 1.373 βœ… / 1.365

πŸ’° Profit up to 88 pips

Last post: 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
Wise Forex & Stocks
πŸ“ˆ USD / CAD πŸ“‰ 1) Re-test of 1.383 SR from below. βœ… 2) Targets 1.373 βœ… / 1.365 πŸ’° Profit up to 88 pips Last post: 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…
πŸ“ˆ USD / CAD πŸ“‰

At smaller timeframes like this chart first signs of reversal. At higher still within downtrend. But that is the bottom of downtrend channel, so we may expect a bounce.

Possible long entries with tight stop loss below 1.3760.
Targeting 1.383 resistance and area above it till 1.386 (50-85 pips)

@WiseForex #CAD #USD #USDCAD
Wise Forex & Stocks
πŸ“ˆ Euro / JPY πŸ“‰ EUR is really strong today. Here at EUR/JPY chart we can see a grand bounce (at week timeframe). Now at strongest resistance on the way. Look good to long from 118.4-118, or wait longer for pullback to 117.5. Target for that impulse 120. …
πŸ“ˆ Euro / JPY πŸ“‰

EUR got to and above last week target. Now growing to 123 resistance, but not clear if will get there. Once the top will be formed look for retracement target between 120.5 and 119.5.

Support 121.7 / 121.1 / 120.2
Resistance 123 / 124 / 124.6

@WiseForex #EURJPY #EUR #JPY