We are long after the backtest of the breakout pattern and the key level. The targets are clearly defined, however, if one was to go for the third take profit only they could have their stop loss below the last low at 8.6. Happy trading!
Hey Traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.61400 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 0.61400 support and resistance area. Trade safe, Joe.
Hello,Friends! GOLD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 9H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 2055.373 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
Hello,Friends! Previous week’s red candle means that for us the GOLD 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 2042.095. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for GBPCAD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.708. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.722 level. P.S Please, note that an...
Take a look at our analysis for SILVER. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 22.700. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 24.795 level. P.S Overbought describes a...
The market cap for alt coins break above the resistance(red line) and retested it. Now it have no resistance until the purple area. Many huge gains on alt coins are expected during coming months. Invest in AI coins like FET and INJ!
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89700 zone, AUDCAD was trading in a downtrend 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 highs. Trade safe, Joe.
- i just made this charts to compare 2 simple ways. - i always try to keep my maths simple as possible. - How much money you can make when you short. - How much money you can make when you long. - Ada lost -93% from ATH - So if u shorted Cardano, you could have double your invest (X2). ( have to also add and calculate fees while shorting depending on...
Hello,Traders! GBP-CAD is trading in an Uptrend and the pair broke Out of the bullish wedge Pattern which reinforces our Bullish bias and makes me Expect a further move up After the local correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! We are going long on the USD/CAD with the target of 1.359 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✅
Hey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 16470 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 16470 support and resistance area. Trade safe, Joe.
Hello,Friends! SILVER pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H 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 24.118...
Hello,Friends! The BB lower band is nearby so GOLD 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 2055.059. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.26600 zone, GBPUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.26600 support and resistance area. Trade safe, Joe.
Please, check our technical outlook for GBPUSD. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.251. The above observations make me that the market will inevitably achieve 1.261 level. P.S Please, note that an oversold/overbought condition can last...
Here is our detailed technical review for NAS100. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 16385.63. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 16626.39 level. P.S We determine...
GBPUSD H8 Here is the analysis on GBPUSD, following the signal we posted, closed and fell just short of by 2 pips before flying a solid 210 points. Fuelled by the FED and BOE, both yesterday and today. A rejection from this 1.27200 price down towards 1.26 could be the corrective retest we are looking for. The market bias and direction is now very much evident.