empty
 
 

Forex Analysis & Reviews: BTCUSD Potential For Bullish Continuation | 4th August 2022
time 04.08.2022 11:00 AM
time Relevance up to, 05.08.2022 11:00 AM

This image is no longer relevant

On the H4, with price moving within a bullish channel and expected to bounce from the stochastic support, we have a bullish bias that price will rise from our 1st support at 22560.82 where the pullback support, 50% fibonacci retracement and 61.8% fibonacci projection are to the 1st resistance at 24331.68 where the pullback resistance is. Alternatively, price could break 1st support structure and drop to 2nd support at 20716.80 where the swing low support and 100% fibonacci projection are.

Trading Recommendation

Entry: 22560.82

Reason for Entry:Pullback support, 50% fibonacci retracement and 61.8% fibonacci projection

Take Profit: 24331.68

Reason for Take Profit:Pullback resistance

Stop Loss: 20716.80

Reason for Stop Loss:

Swing low support and 100% fibonacci projection

Dean Leo,
Analytical expert of InstaForex
© 2007-2022
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaForex分析评论将让您充分了解市场趋势! 作为InstaForex的客户,您将获得大量的免费服务以实现有效的交易。

NZDUSD Potential for Bearish Drop | 30th November 2022
On the H4 chart, we have a bullish bias with the price moving above the Ichimoku cloud and has broken out of the ascending channel. If this bullish momentum continues, expect the price to continue heading towards the 1st resistance line at 0.62092, where the 88% Fibonacci line is. Alternatively, t.
作者: Dean Leo
03:07 2022-11-30 UTC--5
5578
AUDUSD Potential for Bearish Drop | 30th November 2022
Looking at the H4 chart, my overall bias for ADUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Expecting price to continue heading towards the 1st resistance at 0.67711 where the 61.8% Fibonacci line is. If this 1st resistance line is broken, exp.
作者: Dean Leo
03:06 2022-11-30 UTC--5
5638
ETHUSD Potential For Bearish Continuation | 30th November 2022
Looking at the H4 chart, my overall bias for ETHUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market .If this bearish momentum continues, expect price to possibly head towards the 1st support at 1071.11, where the -previous swing low is located. In an.
作者: Dean Leo
03:02 2022-11-30 UTC--5
4978
展示更多
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • Ferrari from InstaForex
    Top up your account with at least $1,000
    join the contest and win Ferrari
    F8 Tributo
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and win $1,000
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Gold: confluence area as support

The price of gold crashed after reaching 1,764 today's high. It has turned to the downside as the USD dominated the currency market. The dollar Index's rally forced the greenback

Ralph Shedler 18:17 2022-11-30 UTC+2

November 30, 2022 : EUR/USD daily technical review and trading opportunities.

Now the market remains under buying pressure until significant downside rejection occurs around one of the key- levels probably around 1.0600. In the mean time, any downside movement towards 1.0000

Mohamed Samy 18:00 2022-11-30 UTC+2

November 30, 2022 : EUR/USD Intraday technical analysis and trading plan.

Intensive bullish price action was demonstrated around the lower limit of the current movement channel. Initial bullish target around 1.0150 was already reached. Price action around this key-level should

Mohamed Samy 18:00 2022-11-30 UTC+2

November 30, 2022 : GBP/USD Intraday technical analysis and significant key-levels.

Further bullish continuation above 1.1765 was expected in previous articles specially after the newly-established ascending bottoms around 1.1150 and 1.1750 remain defended by the bulls. The next key-level

Mohamed Samy 17:59 2022-11-30 UTC+2

USD/JPY: upside scenario to be activated

The USD/JPY pair jumped higher after invalidating a deeper drop. Failing to make a new lower low announced exhausted sellers and signaled a new leg higher. It's trading at 139.35

Ralph Shedler 17:43 2022-11-30 UTC+2

Trading Signal for Gold (XAU/USD) on November 30, 2022: buy if it rebounds off $1,750 (21 SMA - 8/8 Murray)

Early in the American session, gold is trading around 1,761.72. We can see on the 4-hour chart that it is testing strong resistance around 1,765. If XAU/USD fails to break

Dimitrios Zappas 17:12 2022-11-30 UTC+2

GBP/USD: new lower low and downside continuation

The GBP/USD pair is trading in the red at 1.1938 at the time of writing. It seems very heavy as the Dollar Index rallied. I've talked about a larger correction

Ralph Shedler 16:54 2022-11-30 UTC+2

Is it time for the euro to hit the brakes?

The euro has honorably withstood the test of slower inflation in the currency bloc at 10% in November than Bloomberg experts had predicted. Consumer prices are likely to have passed

Marek Petkovich 16:51 2022-11-30 UTC+2

EUR/USD: upside invalidated, new sell-off in play

The EUR/USD pair crashed in the last hour and now is trading at 1.0342 at the time of writing far below the 1.0399 today high. The Dollar Index rallied, that's

Ralph Shedler 16:39 2022-11-30 UTC+2

Inflation in the European Union has decreased, what's next?

The most significant and fascinating report today concerned inflation in the European Union. I had more of a tendency to think that the slowdown would be negligible or nonexistent

Chin Zhao 16:34 2022-11-30 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.