Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 BTC has been overall bearish short-term trading within the falling channel in red. 🏹 For the bulls to regain control, a break above the last major high in red is needed. Meanwhile, BTC can still trade lower to test the $59,000 - $60,000 demand zone before trading...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...
Hello,Friends! EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
OANDA:XAUUSD Gold has retraced 61.8% from the recent low, and indicators show that gold is overbought and a new peak has formed. During the retracement, gold moved almost in one steep impulse, which usually couldn't be sustained for long and followed by an abrupt decline. All this presents a good opportunity to sell gold with targets around the major demand zone.
Hello,Friends! GOLD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2265.765 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Pretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to short
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.08 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
Please, check our technical outlook for GOLD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2372.191. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Take a look at our analysis for NZDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 93.668. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 92.698 level. P.S Overbought...
NASDAQ:TSLA Tesla is known to drift higher after a negative earnings report, which it successfully proved this time around. Looking at the indicators, I assume that the top has been reached. Fundamentally, there is nothing to support further price increases. I am anticipating the closing of the gap that formed right after the recent low.
Parabolic run most likely triggered by spike in utilities as those who missed the AI bubble wanted to find an underlayer to get returns in. Downside price targets of: 158.69, 134.03, trail stop for the rest
Anticipating a further continuation towards the low of the range. A potential 1:3 opportunity
Hello,Friends! The BB upper band is nearby so USOIL is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 77.07. ✅LIKE AND COMMENT MY IDEAS✅
Hi folks today I'm prepared for you British Pound analytics. A few moments ago price declined to the resistance level, which coincided with the resistance zone, and soon broke it, after which continued to fall to the support level. GBP some time traded near this level, which coincided with the support zone and soon broke it too, after which declined to the trend...
Hello,Friends! We are now examining the AUD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 102.284 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CHF-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 169.201 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
OANDA:EURGBP The pair has made a substantial retracement and formed a bearish divergence, which brings an opportunity to sell the pair targeting the major support line.
OANDA:GBPCAD This is to some extent a continuation of my last attempt to short the pair, which unfortunately failed. The pair has been consolidating for a while and has formed a triangle. Now, with a valid triangle pattern and bearish divergence, the pair has broken through the support. This presents a great opportunity to short the pair with moderate risk.