My dear subscribers, This is my opinion on the QQQ next move: The instrument tests an important psychological level 442.04 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 433.35 About Used Indicators: On the subsequent day, trading...
Hello,Traders! EUR-USD has hit a Falling resistance line And we are already seeing A bearish reaction so I Will be expecting a Local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for TESLA below: The price is coiling around a solid key level - 168.47 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 177.77 About Used Indicators: The pivot point itself is simply...
My dear subscribers, My technical analysis for EURGBP is below: The price is coiling around a solid key level - 0.8613 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8586 My Stop Loss - 0.8627 About Used Indicators: By the very...
Technical Analysis and Outlook: During this week's trading session, the Eurodollar fluctuated around our significant Mean resistance level of 1.080. There are projections that the currency may experience an upward surge and complete the Inner Currency Rally of 1.084 before undergoing a downward transition to the Mean Support level mark of 1.074 and possibly...
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...
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...
Take a look at our analysis for BITCOIN. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 60859. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 66928 level. P.S The term oversold refers to...
Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.079. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.076 level soon. P.S Overbought describes a period of...
In my point of view, we will be able to see two ways of the further development of events: 1. BYBIT:TONUSDT will stop recent moving and will turn around directly to the correction related to the previous long jumps. This scenario look like more probable, since regarding to the indicators, this pair seems overbought. 2. In accordance with the waves theory, ...
If you haven`t sold RUM before the previous earnings: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 7usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.22. If these options prove to be profitable prior to the earnings...
1D - the daily timeframe is in a short context. Currently, we are in a corrective movement with the aim of overlapping the FVG. The lack of activity below the fractal compression (marked on the chart) inspires confidence. The target is 1.06. The scenario will be invalidated if the price closes above 1.088.
Technical Analysis and Outlook: Bitcoin has consistently respected our Mean Res 64000 in this week's trading with the projected Intermediary Squeeze Retest target to Key Sup 58300 and completed Inner Coin Dip 57200, which is in progress. This is expected to lead to a renewed Bull Stage movement, targeting the Mean Res of 64000, 66900, and beyond once again.
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 13 May 2024 BUY LIMIT Order: $2358.02 Stop Loss: $2345.07 Take Profit 1: $2370.72 Take Profit 2: $2387.60 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
Hello,Traders! VIX has reached a Horizontal support of 12.34$ From where we will be expecting A local rebound a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for EURUSD below: The price is coiling around a solid key level - 1.0767 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0710 Safe Stop Loss - 1.0802 About Used Indicators: The...
My dear friends, My technical analysis for BTCUSD is below: The market is trading on 61092 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 62771 Recommended Stop Loss - 59852 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
Hello,Friends! We are going short on the NG1! with the target of 2.000 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅