MRK is showing some breakout signsThe white fork is pointing slightly to the upside.
CIB is broken and signals a change in behavior. The pullback to it was very nice - a Eye twinkle? §8-)
Then price opened the door to the upside by peeking through the resistance of the consolidation, asking: "Anybody here to buy me?"...silence...so far.
OK, let's be patient and wait for another sign or hint.
Until the, stalking hat on, as my mentor Shane always said.
--> NO FOMO IN THIS CLASS! <--
Long!!!!
CAD/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
CAD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 107.013 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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XRP Descending Narrowing Wedge Daily ChartXRP is currently breaking out of a descending narrowing wedge on the daily timeframe. XRP may meet some resistance at the 50 simple moving average as it approaches this level. I expect the price to fly after breaking this moving average. Seat belts everyone!
Not financial advice. Do your own DD.
Thanks for viewing the idea.
EURNZD: Bulls Will Push
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 EURNZD pair which is likely to be pushed up by the bulls so we will buy!
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GBPNZD: Bullish Continuation & Long Trade
GBPNZD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPNZD
Entry Level - 2.2800
Sl - 2.2769
Tp - 2.2874
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Risky NZDUSD Trade RecapThis setup wasn’t the cleanest, but sometimes calculated risk pays off.
📉 Setup:
Price was in a clear downtrend, making this buy counter-trend.
Demand zone around 0.5818 offered a possible bounce.
Break of the descending trendline gave early confirmation.
✅ Entry: 0.58189
❌ SL: 0.57964
🎯 TP: 0.59420 – 0.59490 supply zone
📊 Outcome:
Despite the risk of fading the trend, price respected demand, broke structure, and ran straight into my supply target at 0.5940+ for full profits.
⚠️ Not every trade will be textbook perfect — but with proper risk management, even the risky ones can pay off.
#NZDUSD #ForexTrader #RiskManagement #RiskyTrade #PriceAction #SmartMoneyConcepts #ForexJourney #MarketStructure
AUDNZD My Opinion! BUY!
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.1094
Bias - Bullish
Safe Stop Loss - 1.1083
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.1117
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
EURUSD: Correction Before the Impulse UpHello everyone, here is my breakdown of the current Euro setup.
Market Analysis
From a broader perspective, after exiting a prior Upward Channel, the price action has entered a lengthy period of consolidation. This price action has been forming a large ascending triangle, which is typically a bullish continuation pattern. The boundaries are defined by the horizontal Resistance at the 1.1740 level and an ascending support line.
Currently, the price is trading in the upper portion of this triangle, having recently bounced from the ascending Triangle Support Line. We are now approaching the critical flat resistance at the 1.1740 level for another significant test. This Resistance Zone has successfully capped all rallies for several weeks.
My Scenario & Strategy
My scenario is built on the idea of one final corrective dip before the potential bullish resolution of this triangle. I'm looking for the price to pull back from the current levels and make a move down to test the Triangle Support Line.
Therefore, the strategy is to watch for this bounce, which should then lead to a breakout above the 1.1740 Resistance. A confirmed break would validate the long scenario, with the primary target for the subsequent upward expansion set at 1.1840 points.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
EURAUD Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURAUD below:
The instrument tests an important psychological level 1.7804
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7839
Recommended Stop Loss - 1.7788
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPUSD Pullback Toward 1.34800 as Dollar Struggles on Soft DataHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around the 1.34800 zone. The pair is trading in an uptrend, with price currently in a correction phase as it approaches this key support/resistance level.
Structure: The broader bias remains bullish, though price is retracing after recent highs.
Key level in focus: 1.34800 — a significant area where buyers may look to re-enter in line with the trend.
Fundamentals: The U.S. Dollar Index (DXY) is approaching 97.850 resistance while struggling to push higher following a series of softer data releases. Most notably, the recent soft CPI print has increased expectations for potential rate cuts, keeping pressure on the dollar and supporting GBPUSD’s upside outlook.
Trade safe,
Joe.
NZDUSD Breakout and Potential RetraceHey Traders, in tomorrow's trading session we are monitoring NZDUSD for a buying opportunity around 0.58900 zone, NZDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.58900 support and resistance zone.
Trade safe, Joe.
USOIL Is Going Up! Long!
Take a look at our analysis for USOIL.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 62.605.
Considering the today's price action, probabilities will be high to see a movement to 63.435.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCHF Will Go Higher! Buy!
Take a look at our analysis for GBPCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.077.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.093 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBP/NZD BULLS ARE STRONG HERE|LONG
Hello, Friends!
It makes sense for us to go long on GBP/NZD right now from the support line below with the target of 2.294 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NATGAS: Great Trading Opportunity
NATGAS
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy NATGAS
Entry - 3.026
Stop - 3.010
Take - 3.059
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USOIL: Bullish Forecast & Outlook
Balance of buyers and sellers on the USOIL 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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US30: Long Signal with Entry/SL/TP
US30
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long US30
Entry Point - 45389
Stop Loss - 45310
Take Profit - 45558
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
DXY Will Go Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 97.736.
The above observations make me that the market will inevitably achieve 99.022 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
AUDUSD Will Move Higher! Buy!
Here is our detailed technical review for AUDUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.655.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.662 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD Is Very Bullish! Buy!
Here is our detailed technical review for GBPUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.334.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.358 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURCAD Will Go Up! Buy!
Please, check our technical outlook for EURCAD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.605.
The above observations make me that the market will inevitably achieve 1.619 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBPAUD Is Going Up! Buy!
Here is our detailed technical review for GBPAUD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 2.051.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2.072 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!