Hello,Friends! Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.038. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CAD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H 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...
INCOMING.........DYOR - short term high taken - bearish orderflow - OTE bearish OB
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38600 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38600 support and resistance zone. Fundamentally we would like to consider the current strong macro context of the dollar as the top performer of...
Short-term bearish movement is about to start. There is a bearish divergence between price and RSI.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25700 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25700 resistance zone. Adding a fundamental layer, The Federal Reserve's recent warning regarding potential changes to its monetary policy...
In today's trading session, our attention is on EURUSD, with a potential selling opportunity around the 1.08800 zone. Technically, EURUSD is in a downtrend, and it's currently undergoing a correction phase, nearing the trend at the 1.08800 support and resistance area. Adding a fundamental layer to our analysis, recent remarks from Federal Reserve Chairman Jerome...
In today's trading session, our focus is on XAUUSD as we identify a potential selling opportunity around the 2034 zone. Gold, amidst a downtrend, currently navigates a correction phase, nearing the 2034 support and resistance area. Adding a fundamental layer to this analysis, the recent warning from the Fed serves as a crucial factor influencing market sentiment....
Hello,Friends! USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 145.881 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 USD/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the CHF/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 170.431 level. ✅LIKE AND COMMENT MY IDEAS✅
Crude oil made only three waves up over the last few weeks, which indicates for an A-B-C correction within downtrend. It actually retraced into golden 61,8% Fibo. and 80.00 area from where market turned down and now pointing lower, possibly back to the 2023 lows if the channel is broken. So, energy can see more weakness as latest latest 4h structure looks bearish...
Last week was very profitable for us. Adviced to short the market around 2060 and Gold fell over 370pips. This week there are 2 scenerio's. We have a daily support trend wich can push gold back up. But also 2030 is very strong resistance now. In my opinion we need to find good sell positions, but be aware off the red line support zone. Bearish target 2005 and...
After the breakout off the bearish channel in H4 i adviced to go long in the gold market. Wich was accurate and gold hit both targets!. (See last analysis) What now? Price action wise. The monthly candle closed with a bearish candle. Wich indicates there will be a bearish movement on the way. Also gold manage to hit the strong resistance/supply zone around...
My trade plan 2: I have sold USD against YEN around 148.535 and I will be trailing it to 142.765 (3rd Target) but i will be loading off some at Target 1 and target 2. My Stop loss is around 149.325. Disclaimer Trading is very risky so trade using your own research.
My Trade plan I have short EURAUD at 1.65739. I will trail it til 1.63565 (3rd Target) but will unload some at target 1 and 2. Stop loss is at 1.66235. Disclaimer I am just trying to keep my trades public and it’s only for education purpose and for my own record. Please do your own analysis before taking any trades because trading is very risky.
Hey Traders, in today's trading session we are monitoring NZDJPY for a selling opportunity around 90.400 zone, NZDJPY 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 90.400 support and resistance area. Trade safe, Joe.
Bring it on , Charts are screaming for more downside. 2 key crosses ,5th and 12th of february . Prepare for 20k region. Gaps must be filled before btc enters the halving event.
Simple Dow Theory Bullish Trend Line Broken Trend Reversing to bearish Bearish Divergence Entry, SL and TP marked