Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.759. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB lower band is nearby so VIX is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 14.49. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for AUDJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 98.650. Considering the today's price action, probabilities will be high to see a movement to 99.060. P.S The term oversold refers to a condition where an asset...
Please, check our technical outlook for CADJPY. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 111.409. Taking into consideration the structure & trend analysis, I believe that the market will reach 110.837 level soon. P.S We determine...
Please, check our technical outlook for EURAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.648. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.652 level. P.S Overbought describes a...
Take a look at our analysis for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 17906.7. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
✅EUR_USD is giving us Mixed signals but The pair is still above The strong horizontal Support of 1.080 so after the retest We are likely to see A bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBP/USD -GBP/USD might come back to our demand zone -It have nice Lq and IMB under the price -If the price mitigate our demand don't enter without confirmations
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too. ❤️ Please, support our work with like & comment! ❤️
Looking at the chart of EURUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! We are going long on the SILVER with the target of 23.184 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✅
Here is our detailed technical review for BITCOIN. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 51088. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 53009 level. P.S Please, note that...
✅GBP_AUD is already making A pullback from the horizontal Resistance level of 1.9326 So I am locally bearish Biased and I think that We will see a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the BTCUSD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️
Balance of buyers and sellers on the NATGAS pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! USOIL is trending down which is evident 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 great trend following opportunity for a short trade from the resistance line above towards the demand level of...
Hello,Friends! EUR/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 3H 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,Friends! AUD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H 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...