shermzT

shermzT Jun 9, 2023

Price is hovering above a key support zone at 0.6650, which is in line with the 23.6% Fibonacci retracement, on H4 timeframe. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 0.6780, which coincides with the 100% Fibonacci extension. Price is above ichimoku cloud and 20 EMA, supporting our bullish bias.

shermzT Jun 5, 2023

Currently, there is bullish order flow, with higher lows and higher highs created. A break above upside confirmation at 140.80, followed by a throwback to support zone at 138.80, which nears the 78.6% Fibonacci retracement level, could provide bullish acceleration towards the resistance zone at 142.00, which coincides with the 100% Fibonacci extension level. Price...

shermzT May 26, 2023

On the 4H timeframe, there is bullish order flow, forming higher highs and higher lows. Price tested a key resistance zone at 1.3650 on the 4H timeframe. A throwback to the key support zone at 1.3590, which is in line with the 38.2% Fibonacci retracement, and a break above the confirmation level at 1.3650 could provide bullish acceleration towards the resistance...

shermzT May 19, 2023

On the 4H timeframe, there is bearish order flow, forming lower highs and lower lows. A pullback to key resistance zone at 0.67, which is in line with the 50% Fibonacci retracement level, and a break below downside confirmation level at 0.6580 could provide the bearish acceleration to the support zone at 0.6420, which coincides with the 161.8% Fibonacci extension...

shermzT May 12, 2023

Price tested a key support zone at 134 on the Daily timeframe, which is in line with the 78.6% Fibonacci retracement. A break above the confirmation level at 135.2 could provide bullish acceleration towards the resistance zone at 137.2, which coincides with the 78.6% Fibonacci extension level. Price is holding above the Ichimoku cloud and 20 EMA, supporting our...

shermzT May 5, 2023

Price broke below a key resistance-turned-support zone at 1.3520 on the D1 timeframe. A pullback to this zone, which is in line with the 78.6% Fibonacci extension level, could provide the bearish acceleration to the next support zone at 1.3320, which coincides with the 261.8% Fibonacci extension. Price is holding below the 20 EMA and Ichimoku cloud, supporting our...

shermzT Apr 28, 2023

Price is hovering above a key support zone at 77.80 on the H4 timeframe. A break below this zone, which is in line with the 78.6% Fibonacci extension level, could provide the bearish acceleration for a further throwback to the next support zone at 72.80, which coincides with the 78.6% Fibonacci retracement. Price is holding below the 20 EMA and Ichimoku cloud,...

shermzT Apr 21, 2023

Price is testing a key support zone at 133.80 on the H4 timeframe, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone could present the opportunity to ride the bounce to the resistance zone at 135.20, which coincides with the 50% Fibonacci extension level and graphical high. Price is holding above the Ichimoku cloud and Stochastic RSI...

shermzT Apr 14, 2023

Price is testing a key resistance zone at 0.6780 on the H1 timeframe, which is in line with the 78.6% Fibonacci extension level. A pullback to this zone could present the opportunity to play the drop to the support zone at 0.6720, which coincides with the 23.6% Fibonacci retracement level. Price is hovering below the 20 EMA and MACD is showing bearish momentum,...

shermzT Apr 6, 2023

On the H1 timeframe, price is testing a key support zone at 0.6280, which is in line with the 61.8% Fibonacci retracement. A throwback to this support zone could present an opportunity to ride the bounce to the resistance zone at 0.6350, which coincides with the 61.8% Fibonacci extension and graphical high. Stochastics are in the oversold region below 20,...

shermzT Mar 31, 2023

Price is consolidating between a key resistance zone at 1988.50 and a key support zone at 1936.80, forming a bullish pennant on the H4 timeframe. A break above the resistance zone at 1988.50, in line with the 78.6% Fibonacci extension level and graphical high, could provide the bullish acceleration to the next resistance zone at 2052.20, in line with the 161.8%...

shermzT Mar 24, 2023

Prices are testing a key resistance zone at 1.0850 on the M30 timeframe. A pullback to this zone, which coincides with the 50% Fibonacci retracement, could present the opportunity to ride the drop to the support zone at 1.0800, which is in line with the 161.8% Fibonacci extension. Price is holding below the 20 EMA and Ichimoku cloud, supporting our bearish bias.

shermzT Mar 20, 2023

Prices have broken above a key support zone at 1.2150 on the H1 timeframe. A throwback to this zone, which coincides with the 38.2% Fibonacci retracement, could present the opportunity to ride the bounce to the resistance zone at 1.2250, which is in line with the 78.6% Fibonacci extension. Price is holding above the 20 EMA and Ichimoku cloud, supporting our bullish bias.

shermzT Mar 10, 2023

Prices have broken above a key resistance zone at 1831.20 on the H1 timeframe, which is in line with the 23.6% Fibonacci extension. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 1842.50, which coincides with the 78.6% Fibonacci retracement and extension levels. Prices are holding above the Ichimoku cloud and 20...

shermzT Mar 3, 2023

On the H1 timeframe, prices are testing a support zone at 136.20, which is in line with the 38.2% Fibonacci retracement. A throwback to this zone presents an opportunity to ride the bounce to the resistance zone at 137.20. Stochastic RSI is in the oversold region below 20, and price is hovering near the bottom of the Bollinger Bands, supporting our bullish bias.

shermzT Feb 22, 2023

Prices are testing a support-turned-resistance zone at 0.6250 on the H1 timeframe. A pullback to this level could provide the bearish acceleration to the next support zone at 0.6200, which coincides with the 38.2% Fibonacci extension. Stochastic RSI is in the overbought region above 80, supporting our bearish bias.

shermzT Feb 16, 2023

Prices have broken through a resistance-turned-support zone at 132.80 on the H1 timeframe. A throwback to this level, which is in line with the 50% Fibonacci retracement, could provide the bullish acceleration to the next resistance zone at 134.50. Prices are lying above the Ichimoku Cloud, while Stochastic RSI is in the oversold region below 20, supporting our...

shermzT Feb 8, 2023

Prices have broken above a key resistance zone at 0.6980 on the H1 timeframe. A throwback to this level, which coincides with the 38.2% FIbonacci retracement, could provide the bullish acceleration to the next resistance zone at 0.7050, which is in line with the 61.8% FIbonacci retracement. Prices are lying above the Ichimoku Cloud as well, supporting our bullish bias.