Hello,Friends! We are going long on the AUD/CHF with the target of 0.608 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.986 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! It makes sense for us to go long on GBP/CHF right now from the support line below with the target of 1.158 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
✅CRUDE OIL is going down now But a strong support level is ahead at 75.55$ Thus I am expecting a rebound And a move up towards the target at 78.17$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅
#ONE/USDT #Analysis Description --------------------------------------------------------------- + The price has reached the broadening wedge pattern and is currently trading within the support zone. + I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.) + I'm initiating a short...
Take a look at our analysis for USOIL. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 77.11. Considering the today's price action, probabilities will be high to see a movement to 79.91. P.S We determine oversold/overbought condition with RSI indicator. When...
Take a look at our analysis for DXY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 104.664. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 105.026 level. P.S The term oversold refers...
Hello,Friends! Bullish trend on USOIL, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 78.53. ✅LIKE AND COMMENT MY IDEAS✅
USDCAD is currently testing the 4H trend line and 78.6 fibonacci zone which has also been a recent support zone. I'm waiting for a 4H Bullish candle close to go long. Let me know what you think in the comment section
Dear Traders, We are convening a discussion focused on #AIUSDT The Symmetrical Triangle Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 100% in Coming Days 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance...
We can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally. Along with the BTC, Alts should feel very strong as well, and many should go ballistic.
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.83600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.83600 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85100 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85100 support and resistance area. Trade safe, Joe.
Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.084. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.098 level soon. P.S Overbought describes a period of...
Take a look at our analysis for CADCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.664. Considering the today's price action, probabilities will be high to see a movement to 0.669. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for AUDUSD. Time Frame: 15m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.661. The above observations make me that the market will inevitably achieve 0.662 level. P.S Please, note that an oversold/overbought condition can...
Here is our detailed technical review for BITCOIN. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 67,512. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 71,784 level. P.S We determine...
ZIL continues to respect the uptrend trendline, validating the upside trajectory. We are going for a very aggressive trade setup and lets see how it turns out