#USOIL
#14th FEB 2018
#TIME FRAME H1
ENTRY = 59.34
TP1 = 59.85
TP2 = 60.45
We have spotted divergence in H1 time frame, is it highly probable that market will change to bullish soon. Right now Market is testing resistance at 59.34 we are waiting to see reversal signals to go for LONG positions,
Only downward break of 58.77 would cancel bullish scenario
#BITCOIN
#BTCUSD
ENTRY = 8881.41
TP1 = 10238.15
TP2 = 11564.17
#BITCOIN is testing support at 8597.48, we planning to enter into #LONG Position at 8881.41 with a TP1 = 10238.15 (38.2% Fibbonacci) & 11564.17 (50% Fibonacci)
#GOLD
# 12th Feb 2018
ENTRY = 1309.21
TP1 = 1294.96
TP2 = 1280.00
Market is Testing Support at 1309.21, A clear divergence has been in daily Tf, We are expecting #GOLD to move further down to 1294.96 and finally to 1280.00 #price level from where it will continue its bullish journey with a rising trend line
#USDJPY
# 12th Feb 2018
ENTRY = 108.812
TP1 = 109.326
Tp2 = 110.341
TP3 = 110.828
We have completed our journey to both TP1 & Tp2 (108.812) . Market is now testing 108.812 as a strong resistance level together with rising trend line plus a clear divergence has been seen, we are now waiting to see reversal before going for LONG next important resistance level is...
#GBPUSD
#12th Feb 2018
ENTRY = OPEN
TP1 = HIT
TP2 = 1.36784
TP3 = 1.35796
We have covered our journey to TP1 = 1.38327, After hitting TP1 market is now testing the same level (1.38327) we are now heading towards TP2 (1.36784) if conditions remains the same we will be able to cover this journey soon. Only upward break of 1.43364 would cancel bearish scenario.
#EURUSD
#12th Feb 2018
ENTRY : OPEN
TP1 = 1.21829
TP2 = 1.20935
TP3 = 1.20334
Market is testing resistance at 1.22645 we are waiting to see reversal signal in order to re-instate SHORT positions, Only upward break of 1.25349 would cancel bearish scenario.
#AUDUSD
#12th Feb 2018
ENTRY = OPEN
TP1 = 0.77394
TP2 = 0.76336
Market is testing resistance at 0.78137, we are now waiting to see reversal signals in order to re-instate SHORT Positions, next important support level is 0.77394
# 12th Feb 2018
ENTRY = 108.812
TP1 = 109.326
Tp2 = 110.341
TP3 = 110.828
We have completed our journey to both TP1 & Tp2 (108.812) . Market is now testing 108.812 as a strong resistance level together with rising trend line plus a clear divergence has been seen, we are now waiting to see reversal before going for LONG next important resistance level is 109.326
If...
ENTRY : OPEN
TP1 = 1.21829
TP2 = 1.20935
TP3 = 1.20334
Market is testing resistance at 1.22645 we are waiting to see reversal signal in order to re-instate SHORT positions, Only upward break of 1.25349 would cancel bearish scenario.
WTI CRUDE OIL
Price is in upward trend, but in Daily chart divergence has been spotted which shows that the upward momentum is going to exhaust soon and there will be a shift to Bearish, in addition Head & Shoulder pattern confirming us to go short..
In addition, Market is now testing support at 63.78, which is also important Fibonacci level 23.6%. We are now...
GOLD : SELL
Market is testing support at 1337.24 level, which is also 78.6% fibo level, we are waiting to reversal signal to re-instate short position, next important support level is 1320.23
ENTRY = 1337.24
TP1 = 1320.23
TP2 = 1309.21
USDJPY
Market is in range in Daily Time frame, and testing strong resistance at 110.341 as which is also equals to 61.8% Fibonacci level, we have spotted divergence, it is highly probable that market will reverse in downward direction to gain bearish momentum, we need to be patient and wait for Stochastic crossover from upward to downward. Once crossed we can...
