Hello Traders ! The Bitcoin Price formed a new double top pattern. At the moment, Th neckline is broken ! The support line is also broken ! So, I predict a bearish move📉 _________ TARGET: 62050.00🎯
Here is why I think we have a perfect bearish crab pattern on weekly time frame on TSM which gives us a huge short opportunity. Please let me know what you think in the comments section...
GA is bearish. I’m anticipating a retest of broken support to continue bearish towards daily lows around (1.89000).
FOREXCOM:XAUUSD had a nice $100 drop on Friday with a further correction likely of the next week, but with Inflation data & Interest rates this week it could get wild. Firstly i'm looking for a low to come in then I will look to Sell on the first decent PB. First target is the ABCD from the top @ around 2250 but then we could hit the 382 from the October low...
Gartley Fibonacci pattern identified at 6/21 11:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 1.0751 to 1.0652 within the next 19 hours. Expiry Date/Time: 6/24 09:22
Hello,Friends! We are going short on the CAD/CHF with the target of 0.643 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✅
Hello,Friends! The BB upper band is nearby so AUD-CHF 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 0.589. ✅LIKE AND COMMENT MY IDEAS✅
NYSE:CVX note the following directional arrows are concepts and how I want to enter With firms rotating out of AMEX:XLE we can expect some of the sectors top holdings and laggers get downside potential. Looking more into this I found NYSE:CVX to be the best candidate. NYSE:CVX and other gas stocks seem to be the ones catching the momentum down. Chevron...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.37400 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37400 support and resistance area. Trade safe, Joe.
I am still bullish on gold up to 2357-2360 level which is my bullish target THEN I will be looking for sell positions at 2360. My stops will be above 2376 and my overall take profit will be at 2257. Always use proper risk management.
Hey Traders, in the coming week we are monitoring GBPCHF for a selling opportunity around 1.13900 zone, GBPCHF was 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 1.13900 support and resistance zone. Fundamentally with the current risk on the EURO with French election...
Hello,Friends! USOIL 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 77.14 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Bitcoin still in bearish market structure. Monthly candle looking bad. Might see some relief rally short term wise.
BTC weekly chart looks very bullish.. Send it to $100K #btc #bitcoin #bull
NASDAQ:ALT marketcap need to move above the trend line & hold it, then we will see a big bang in the month of July🚀 Expecting, a rally will start like feb - mar!
Hello,Friends! It makes sense for us to go short on GBP/JPY right now from the resistance line above with the target of 197.285 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! AUD/USD is making a bullish rebound on the 6H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.662 level. ✅LIKE AND COMMENT MY IDEAS✅