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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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
πŸ“ˆ GBP / USD πŸ“‰

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
πŸ“ˆ BRENT oil πŸ“‰

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
πŸ“ˆ EUR / GBP πŸ“‰

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
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…
πŸ“ˆ Euro / U.S. Dollar πŸ“‰

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
πŸ“ˆ BRENT oil πŸ“‰ 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…
πŸ“ˆ BRENT oil πŸ“‰

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 πŸ‘Œ

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
πŸ“ˆ Euro / U.S. Dollar πŸ“‰

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
If you are looking for the strongest support you can think of, tit is the one USD/AUD chart is now. Open month timeframe to see it yourself.

Good chances for a nice bounce from this level. I'm talking about 270-300 pips at least with higher targets at 1.47 for 500 pips.

If that support will be broken, still this trade sounds fantastically safe, as its almost 99% chance that price will come back to the same zone, so after average cost at 1.41 or lower 1.3955 you'll be able to exit in profit πŸ˜‰

@WiseForex #USDAUD #AUD #USD
Wise Forex & Stocks
If you are looking for the strongest support you can think of, tit is the one USD/AUD chart is now. Open month timeframe to see it yourself. Good chances for a nice bounce from this level. I'm talking about 270-300 pips at least with higher targets at 1.47…
Am I genius or what? 😎 Told you - this trade was an opportunity of a lifetime. Dipped into support zone, bounced from 1.4201 and already got to 1.4491. This makes 290 pips in 8 hours time.

Taking some profits at 1.45 resistance and increasing position size at 1.4355.

@WiseForex #USDAUD #AUD #USD
Wise Forex & Stocks
πŸ“ˆ Euro / U.S. Dollar πŸ“‰ 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…
πŸ“ˆ Euro / U.S. Dollar πŸ“‰

EUR/USD fell below 1.12835 SR. If you are long, close at re-test of this resistance and open short there instead. Next will be drop down to 1.121 support. The one I expected, but later.

Support 1.1237 / 1.1212 / 1.1170 / 1.1133
Resistance 1.1283 / 1.1330 / 1.1373 / 1.1412

@WiseForex #EURUSD #EUR #USD
Wise Forex & Stocks
πŸ“ˆ EUR / GBP πŸ“‰ 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…
πŸ“ˆ EUR / GBP πŸ“‰

All targets hit for ~50 pips. But maximum profit could be above 130 pips if you hold it longer. Hopefully you've had SL higher or didn't use it at all.

Now I recommend to start accumulating long position. Support at 0.8865 is a good one, but be ready to 0.8832 and 0.8793. No stops this time, no need.

πŸ›’ Long 0.8832 - 0.8793
🎯 Target 0.8865 - 0.8890

@WiseForex #GBP #EUR #EURGBP