EURUSD: BUY 1.1607, SL 1.1591, TP 1.1640
Price is trading in the comfort zone, above the day’s balance level of 1.1607. The price has formed an active engulfing pattern without confirmation at the main support level of 1.1600. The current day’s balance level is an excellent entry point for buyers, only if the price is correctly positioned above the day’s balance. A strong resistance level for the price is around 1.1650, which the price needs to overcome. Intermediate resistance is around 1.1625. A continuation of the medium-term uptrend from current levels is expected. The main support level is located in the area of 1.1585, where it is also favorable to buy the pair. An alternative selling scenario is not considered at this stage. Maximum profit is located around 1.1610. Risk parameters on the buyer side are 17% for the week and 15% for the month. The main scenario for the current day is buying the pair.
Trading solutions: EURUSD: BUY 1.1607, SL 1.1591, TP 1.1640
BTCUSD: BUY 77156, SL 76180, TP 78500
Price is trading in the comfort zone below the daily balance level of 77156. Price has reached and is testing the medium-term support level around 77063. There is a chance for momentum to resume and rise to the reversal point at 80900. In case of support break, the downward correction momentum may strengthen, down to the 73600 level. The current daily balance level is a good entry point for buying, if positioned correctly. An upward correction is expected for active medium-term growth after the support test. Buyer-side D&S parameters are 17% for the week and 14% for the month.
Trading solutions: BTCUSD: BUY 77156, SL 76180, TP 78500
NQ100 : BUY 29125, SL 29016, TP 29400
Price is trading in the comfort zone, above the daily balance level of 29125. The formed break of the upward impulse, located at the 29045 level, continues to prevent price from falling. Buy positions are relevant when price is positioned correctly. Targets remain at the same levels. The current daily balance level serves as an excellent entry point for buyers. Active resistance for the price is located around 29403. The medium-term impulse target is located around 29800. An alternative scenario is considered only after a break below 29016. The auxiliary model has potential for deeper correction. Maximum profit is targeted around 29400. DS parameters on the buy side are 15% for the month and 12% for the week.
Trading solutions #NQ100 : BUY 29125, SL 29016, TP 29400