NASDAQ:TSLA is my bread-and-butter stock. Yet I remain unbiased until a I have a reason. That being said, even with today's bearishness we still have much to break to the downside. I see a reason to be bearish with selling being seen into these pops, and typically that's something to note, but in the same breath this can cause tension on the sell side, making...
AUDCAD have been ranging for a while till the CPI news gave us momentum. I predict this to get to September's low at 0.85643, but before that happens, it is projected to retest our resistance zone before it sells.
Hey Traders, in today’s trading session we are monitoring GBPUSD for a selling opportunity around 1.22500 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
Hey Traders ! The USOIL Price Broke a Strong Daily Support Level (85.90 - 84.15) Currently, -This Support Level Becomes a New Resistance Level. -The Support Line is Broken. So, I Expect a Bearish Move📉 i'm waiting for breakout... ----------- TARGET: 78.60🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.66300 zone, EURAUD 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 1.66300 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36100 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36100 support and resistance area. Trade safe, Joe.
We're in a bearish impulse pattern. Waves 1 and 4 not overlapping. The wave 4 touched the 38,2 Fibonacci retracement level.
There's a notable pattern emerging on the MATIC (Polygon) weekly chart that's raising eyebrows – an inverted Cup and Handle. This pattern is not to be taken lightly, as it signifies a strong bearish signal. If traders are considering short positions on this coin, they should watch for a retest of resistance and set their stop-loss orders above the pivot level....
Hello,Friends! SILVER is making a bullish rebound on the 9H 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 21.307 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on GBP/USD right now from the resistance line above with the target of 1.222 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! Previous week’s green candle means that for us the USD/JPY 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 148.371. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello Crypto Traders!! Lets take a look at these two charts side by side. You'll notice that when the DXY decides to PUMP, Bitcoin decides to DUMP and when the DXY decides to DUMP, Bitcoin decides to PUMP. A massive long term strong bullish trend has finally been broken for the DXY and if it cannot find its way above the trendline, it will continue to DUMP which...
Hey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 106.400 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 106.400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 145 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 145 support and resistance area. Trade safe, Joe.
Is CHFJPY exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 163.6 followed by 162.70 What you guys think of it
Hey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.90600 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.90600 support and resistance area. Trade safe, Joe.
Hello,Friends! US30 pair is in the uptrend because previous week’s 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 33331 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...