Hello,Friends! USOIL pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H 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 88.01...
Hello,Friends! EUR/CAD 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 1.435 level. ✅LIKE AND COMMENT MY IDEAS✅
BINANCE:OPUSDT.P On 3D timeframe, it's clearly rejected from the major trendline. Very bearish We can try to short it here. Dont over leverage, this will take a long time to get full TP Enjoy!! Follow me for more chart analysis. Patience is the key to success. DYOR
Following the trend, EURCAD could go down to the demand area of 1:43237.
A bearish trade opportunity recently presented itself on the loonie-yen currency pair. This is indicated by the bearish harami candlestick pattern just below the 110.646 horizontal resistance level. This shows a rejection of the same resistance level, with potential price move downward ⬇️. Sufficient downward momentum should see price moving towards the ...
In my previous post i instructed to sell in 1936-1940 area. BEcause of of fresh supply zone and also divergen wich created. From here gold managed to as low as 1928! around 100pips from our entree. Although there was a bullish trend from 1900's i was confident enough to trade against the small bullish trend. In M30 and H1 it looks like gold is forming a head and...
Hey Traders, in today’s trading session we are monitoring GBPCHF for a selling opportunity around 1.115 zone, GBPCHF is trading in a downtrend and currently is in a correction phaseon which it is approaching the trend at 1.115 support and resistance area. Trade safe, Joe.
Hey traders, in today’s trading session we are monitoring GBPUSD for a selling opportunity around 1.24300, GBPUSD is trading in a downtrend and currently is im a correction phase in which it is approaching the trend at 1.24300 support and resistance area. Trade safe, Joe.
Hello,Friends! Previous week’s green candle means that for us the GOLD 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 1900.176. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USD/CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.870 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/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. 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 1.066...
as we have been discussing in our last post We have achieved the Target on Nifty. All the important levels are marked on chart.
Bearish divergence spotted on BTC 4H chart against the RSI.
Hello,Friends! We are going short on the SILVER with the target of 22.925 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! We are now examining the EUR/GBP 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 0.858 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 1.235 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 144.169. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today’s trading session we are monitoring XAUUSD for a selling opportunity around 1943 zone, XAUUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1943 support and zone. Trade safe, Joe.