Hey Traders, in tomorrow's trading session we are monitoring GBPUSD for a selling opportunity around 1.27900 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.27900 support and resistance area. as we approach the Fomc next week fed may go for another hike due to the persistent inflation as both...
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2170 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2170 support and resistance area. Trade safe, Joe.
Bearish sentiment is flying around. There is no logic behind todayโs market crash other than Margin Call from brokerage firms. Hopefully tomorrow will be the last correction day . Correction wave(A) might end, Senko Span (A) will slightly decline. This is confirmed by Chikou span. For the next 9 consecutive period, an upward trend is more likely to occur....
Hello,Friends! We are now examining the EUR/AUD 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 1.642 level. โ LIKE AND COMMENT MY IDEASโ
Hello,Friends! We are going short on the SILVER with the target of 23.626 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. โ LIKE AND COMMENT MY IDEASโ
Hello,Friends! The BB upper band is nearby so EUR-JPY 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 161.214. โ LIKE AND COMMENT MY IDEASโ
Hello,Friends! Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.467. โ LIKE AND COMMENT MY IDEASโ
BINANCE:RSRUSDT (4H CHART) Technical Analysis Update RSR is currently trading at $0.006682 and showing overall bearish sentiment Price currently broke down from the resistance and showing continued downward momentum Entry level: $0.006180 Stop Loss Level: $ 0.006682 TakeProfit 1: $ 0.005909 TakeProfit 2: $ 0.005715 TakeProfit 3: $ 0.005277 Max Leverage: 2x ...
๐Today, we are focusing on analyzing LTC for future prospects. It's worth noting that it's Monday, typically associated with lower market volume and increased market volatility. ๐On the 4-hour timeframe, we find ourselves within a trading range, with the resistance ceiling at $94.34 and the support floor at $82.97. A recent rejection from the upper boundary...
Hello,Friends! EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.852 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 EUR/GBP pair. โ LIKE AND COMMENT MY IDEASโ
Hello,Friends! USD/CHF pair is in the uptrend because previous weekโs candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.878 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Here I have USD/CAD! On the Daily Chart, we have Higher Highs into Higher Lows forming what looks to be a Rising Wedge! Now on the 4Hr Chart I have an underlying Support Zone that I suspect price to test and bounce up from to test the Bearish Break of the Rising Wedge and if it holds, could continue lower!!! Strengthening my Bearish Bias is the Daily RSI High's...
Hello,Friends! The BB upper band is nearby so SILVER 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 23.749. โ LIKE AND COMMENT MY IDEASโ
#BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC is about to breakout from it's support zone, this breakout will push the price of the bitcoin further down. + This will be a good opportunity for us to enter a short trade and make some profits. --------------------------------------------------------------- ...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at NYSE:F ... I believe this code is at a point of potential volatility. If price can hold below $12.06 ... Bearish potential may be unlocked. My key downside targets include: - $11.30 (Conservative) - $9.93 (Medium) - $8.67 (Aggressive) ...
Hey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 191.400 zone, GBPJPY is trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 191.400 resistance area. Trade safe, Joe.
Abstract: ๐ป Bitcoin is poised to break from a 4-hour bear pennant pattern, signaling a potential move to the $59200 area. ๐ This analysis explores the implications of this breakout, which aligns with the Shibunacci indicator, offering additional confirmation. ๐ Introduction: Bitcoin's imminent breakout from a 4-hour bear pennant suggests a shift in market...
Gold has respected my analysis. I did say that the EQUAL LOWS at the 2153 level need to be broken. Price has done exactly that. Price action is king!!!