Hey Traders, in tomorrow's trading session we are monitoring EURGBP for a selling opportunity around 0.85900 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85900 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring USDCAD for a selling opportunity around 1.37100 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.37100 support and resistance area. Trade safe, Joe.
Hello,Friends! We are going short on the US30 with the target of 33873 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! EUR/AUD is making a bullish rebound on the 1H 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 1.628 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on EUR/USD right now from the resistance line above with the target of 1.077 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✅
Hey Traders, in the coming week we are monitoring USOIL for a selling opportunity around 72.30 zone, USOIl is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 72.30 support and resistance area. Trade safe, Joe.
A rising channel is spotted on the DOT coin, indicating an uptrend in the short term. However, the price is currently showing an early weakness, breaking the middle line of Bollinger Bands Path. We have two possible movements here, but the end destination is the same for both of them! First scenario: We see a price to move towards upper "liquidity zone," from...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.25800 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25800 support and resistance area. Trade safe, Joe.
Hello,Friends! We are now examining the NZD/USD 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 0.599 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D 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...
Hello fellow traders! Keeping a keen eye on AUDUSD in today's session for a potential shorting opportunity around the critical 0.66100 zone. After a robust uptrend, AUDUSD has gracefully broken out and is now undergoing a correction phase. The focus is on the impending retrace near the key 0.66100 support and resistance zone. Exercise caution and trade wisely....
Hello traders what do you think about Gpbusd)? traders 1h tame frame see a bearish pattern channels breakout. rsl retet 1.26393 Down 👇 support levels ✅ 1.25222 now waiting. Same time Dollar steady as traders weigh labour data; yuan eases Dec 6, 202311:22 GMT+5 The dollar was near a two-week high against a basket of currencies on Wednesday as investors assessed...
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.07900 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance area. Trade safe, Joe.
Hello,Friends! Bearish trend on USD/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 1.348. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 165.800 zone, CHFJPY 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 165.800 support and resistance area. Trade safe, Joe.
Hello,Friends! Previous week’s green candle means that for us the AUD/USD 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 0.653. ✅LIKE AND COMMENT MY IDEAS✅
KEEPING IT SIMPLE - trading the HTF bearish trend - OTE OB and FVG just below, seeking price to drop in the London sesh or after the Asian sesh - supported bullish DXY
Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.62 zone, NZDUSD 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 0.62 support and resistance area. Trade safe, Joe.