SILVER Will Go Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 4,131.3.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 4,170.3 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.
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LONG
USDCHF Will Move Higher! Buy!
Take a look at our analysis for USDCHF.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.792.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.799 level.
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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BTCUSD is moving exponential and here's the setupBecause BTCUSD couldn't reach the L-MLH of the red fork twice, we have 2 HAGOPIANs cooking. That means, that price will move further in the opposite direction than from where price came.
Price came from the Centerline, and that's where the high of the today's Candle peeked through. I expect more upside movement.
As for a trade, I want to see price holding above the centerline. From there, PTG1 is the U-MLH and beyond that it's the white Centerline again (...which looks like it's going to the Moon, like XRPUSD).
Of course, we seldom can eat the whole Cake. So we manage it and take partial profits on the way up.
🙏😊✨ Thanks for following and boosting folks. 🙏😊✨
XRPUSD is following our projectionThe red pressure line is broken.
After dabbling with the L-MLH, price decided to jump back into the fork, projecting a potential huge move ahead.
But not so fast!
The slope of the white fork is super steep.
In such situations I like to throw a Modified-Shiff-Fork, or a Shiff-Fork on the chart too. This gives me often more realistic profit targets.
The trade could be managed by using the light-grey fork's centerline as PTG1 and the rest of the position aims for the white mooning centerline §8-)
A second steak of the position could be loaded, after the yellow CIB-Line is broken. I like to wait for a test of it after the crack and jump-above. It's the same like a test/retest of a Medianline-Parallel if price broke out of it.
Let's have fun here §8-)
Crude Oil - Eye twinkle to go long?The Test/Retest was expected, and it was not that clean as it is mostly. Usually I don't want to see price trading back into the fork again.
This time, price managed to jump out of it again and opened above the U-MLH. If it can close outside the fork too, then this would be a good hint for me to load the boat.
The 80% target is the yellow Centerline, or even higher, since the drillers moan about a too low price (Fundamental Fact).
Let's see if we find some petro dollars.
WMT - Our profit target is near, secure some profitsWhen I posted the long trade on Aug. 29th, I did not expect it to run that quick.
Who of you guys or gals pushed it that quick? §8-)
However, I will trail my stop below the last red candles low.
We are not here to win a contest, so we secure some profit, just in case price drops before the Centerline is reached.
Don't forget to follow me and profit from further trades and educational content.
Bitcoin will exit from pennant and continue to growHello traders, I want share with you my opinion about Bitcoin. The market for Bitcoin has been undergoing a lengthy corrective phase, with the price action methodically descending since its last major peak. This bearish price action has been contained within a large downward pennant, a classic reversal pattern that suggests the preceding downtrend is losing momentum as volatility contracts. The price for BTC has been squeezed between the descending resistance line and an ascending support line. Currently, the asset is at a critical inflection point, as it is directly testing this ascending support line after a recent rejection from the upper boundary of the pattern. The primary working hypothesis is a long scenario, predicated on a bullish resolution from this dynamic support. The expectation is that buyers will defend this ascending support line, initiating a powerful rebound that is strong enough to cause a breakout above the pennant's main resistance line. This would signal a reversal of the recent downtrend. Therefore, the TP is logically placed at 115000 points, a prudent intermediate target aiming for a key area of prior price consolidation. Please share this idea with your friends and click Boost 🚀
WMT ran into a buyers zone. A nice Long opportunityOn the daily time-frame we see WMT running into the old buyers zone and stopping dead, instead of breaking through it.
It's exactly where the 1/4 line is.
So, if price can't get to the L-MLH, we have a "potential" Hagopian at hand. And that tells us, price will go more in the opposite direction than from where price came - which was the Center-Line.
Additionally, Friday closed higher than the high day a day prior. This is also proper momentum long signal, and because we have a decent Risk-Reward.
A couple facts coming together, which is a clear must take signal to me.
Happy Monday folks - another day in paradise §8-)
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! <--
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!
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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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.
Like and subscribe and comment my ideas if you enjoy them!
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.
Like and subscribe and comment my ideas if you enjoy them!
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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