Wise Forex & Stocks
📈 BRENT oil 📉 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…
📈 BRENT oil 📉
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
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
📈 USD / CAD 📉 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.…
📈 USD / CAD 📉
1) Re-test of 1.383 SR from below. ✅
2) Targets 1.373 ✅ / 1.365
💰 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
1) Re-test of 1.383 SR from below. ✅
2) Targets 1.373 ✅ / 1.365
💰 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
📈 USD / CAD 📉 1) Re-test of 1.383 SR from below. ✅ 2) Targets 1.373 ✅ / 1.365 💰 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…
📈 USD / CAD 📉
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
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
📈 BRENT oil 📉 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…
📈 BRENT oil 📉
Oil near resistance and seem to be pulling back to 36 support. Short it.
@WiseForex #Brent #UKOil
Oil near resistance and seem to be pulling back to 36 support. Short it.
@WiseForex #Brent #UKOil
Wise Forex & Stocks
📈 Euro / JPY 📉 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. …
📈 Euro / JPY 📉
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
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
📈 GBP / USD 📉
If you are long in GBP/USD, better have tight stop (or at least below 1.255). It went too far and the further it is the harder it is to grow higher. Dump from there may take it down to 1.242 easily.
@WiseForex #GBP #USD
If you are long in GBP/USD, better have tight stop (or at least below 1.255). It went too far and the further it is the harder it is to grow higher. Dump from there may take it down to 1.242 easily.
@WiseForex #GBP #USD
📈 BRENT oil 📉
Want to show a little bigger picture of Brent Oil chart As you see there is a gap there - gaps usually close sooner or later. OPEC delayed meeting which should be bearish for Oil prices. But didn't cancel it. So... 36-38 is a good last chance for bounce zone. If not happening here, than price can drop to 30$ before next global swing up.
@WiseForex #Brent #UKOil
Want to show a little bigger picture of Brent Oil chart As you see there is a gap there - gaps usually close sooner or later. OPEC delayed meeting which should be bearish for Oil prices. But didn't cancel it. So... 36-38 is a good last chance for bounce zone. If not happening here, than price can drop to 30$ before next global swing up.
@WiseForex #Brent #UKOil
📈 EUR / GBP 📉
At higher timeframes that chart is drawing head&shoulders bearish pattern. Highly possible price will be rejected from 0.8987 - 0.8995 resistance zone. Target 0.8961 and 0.8939.
If you use stop loss, place it above 0.9. If you don't, place average cost short at 0.901 and close in profit at first entry.
@WiseForex #GBP #EUR #EURGBP
At higher timeframes that chart is drawing head&shoulders bearish pattern. Highly possible price will be rejected from 0.8987 - 0.8995 resistance zone. Target 0.8961 and 0.8939.
If you use stop loss, place it above 0.9. If you don't, place average cost short at 0.901 and close in profit at first entry.
@WiseForex #GBP #EUR #EURGBP
This is 4H and day timeframe. At day you may see how important that black line (which represent SR zone) is.
Wise Forex & Stocks
📈 Euro / U.S. Dollar 📉 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…
📈 Euro / U.S. Dollar 📉
EUR closed week with rejection from 1.1373 resistance but slowed down at 1.128 support. Next week we may expect it to bounce to back to 1.1325-1.1330 and if it will meet resistance there retrace down to 1.1212 and 1.1106 support zones.
Support 1.1283 / 1.1212 / 1.1106
Resistance 1.1330 / 1.1373 / 1.1412
@WiseForex #EURUSD #EUR #USD
EUR closed week with rejection from 1.1373 resistance but slowed down at 1.128 support. Next week we may expect it to bounce to back to 1.1325-1.1330 and if it will meet resistance there retrace down to 1.1212 and 1.1106 support zones.
Support 1.1283 / 1.1212 / 1.1106
Resistance 1.1330 / 1.1373 / 1.1412
@WiseForex #EURUSD #EUR #USD
Wise Forex & Stocks
📈 BRENT oil 📉 Want to show a little bigger picture of Brent Oil chart As you see there is a gap there - gaps usually close sooner or later. OPEC delayed meeting which should be bearish for Oil prices. But didn't cancel it. So... 36-38 is a good last chance…
📈 BRENT oil 📉
So the gap is finally almost closed =) Almost.
It is rather strange that price didn't re-test 35-36$ SR level. What an omission. This will be our next target 👌
Last post: Want to show a little bigger picture of Brent Oil chart As you see there is a gap there - gaps usually close sooner or later. OPEC delayed meeting which should be bearish for Oil prices. But didn't cancel it. So... 36-38 is a good last chance for bounce zone. If not happening here, than price can drop to 30$ before next global swing up.
@WiseForex #Brent #UKOil
So the gap is finally almost closed =) Almost.
It is rather strange that price didn't re-test 35-36$ SR level. What an omission. This will be our next target 👌
Last post: Want to show a little bigger picture of Brent Oil chart As you see there is a gap there - gaps usually close sooner or later. OPEC delayed meeting which should be bearish for Oil prices. But didn't cancel it. So... 36-38 is a good last chance for bounce zone. If not happening here, than price can drop to 30$ before next global swing up.
@WiseForex #Brent #UKOil
📈 Euro / U.S. Dollar 📉
EUR/USD several times wicked to previously mentioned target zone 1.1325 and each time came back to 1.128 support. This time expect it to grow higher to 1.133 and above. And after that next swing will be down to 1.121 support.
Last post: EUR closed week with rejection from 1.1373 resistance but slowed down at 1.128 support. Next week we may expect it to bounce to back to 1.1325-1.1330 and if it will meet resistance there retrace down to 1.1212 and 1.1106 support zones.
Support 1.1283 / 1.1212 / 1.1106
Resistance 1.1330 / 1.1373 / 1.1412
@WiseForex #EURUSD #EUR #USD
EUR/USD several times wicked to previously mentioned target zone 1.1325 and each time came back to 1.128 support. This time expect it to grow higher to 1.133 and above. And after that next swing will be down to 1.121 support.
Last post: EUR closed week with rejection from 1.1373 resistance but slowed down at 1.128 support. Next week we may expect it to bounce to back to 1.1325-1.1330 and if it will meet resistance there retrace down to 1.1212 and 1.1106 support zones.
Support 1.1283 / 1.1212 / 1.1106
Resistance 1.1330 / 1.1373 / 1.1412
@WiseForex #EURUSD #EUR #USD