Attention Traders, In today's trading session, our focus is on DXY, where we see a potential buying opportunity around the 103.500 zone. DXY, after trading in a downtrend, appears to be gearing up for a breakout. Should we witness rallies surpassing the 103.500 resistance area, we'll be eyeing a retracement of this breakout towards higher levels. Now, the big...
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.88400 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 088400 support and resistane area adding a fundamental layer, the last CPI and PPI both came hot and the labour market is solid, if Fed goes...
A few days ago, Bitcoin experienced a dip to FWB:65K , coinciding with the average-price uptrend trendline and the midpoint of the ascending channel. The subsequent bounce from this support level was notably strong, signaling active participation from buyers. As long as the price remains above the FWB:65K demand area, we anticipate a continuation of the...
The day before yesterday (March 16) there was a very large unlocking of ARB tokens. Exactly, as many as 1.1 billion ARB tokens appeared on the market, whereas before there were 1.45 billion of them in circulation. On this day, due to such high supply pressure, we broke out of the triangle formation (marked in white) and are currently in my first buying zone from...
Qualcomm (QCOM): NASDAQ:QCOM For Qualcomm Inc. on the weekly chart, we now assume that after the significant rise during the Dotcom Bubble for Wave (1), and having observed Waves (4) at $101.47, we are approaching the completion of Wave (5) / the first 5-wave cycle towards Wave I. We expect this Wave (5) to be in the range of 50 to 61.8%. This places us at a...
Crude oil is returning to the bullish bat pcz which also happens to be at a high demand level. Lets see the pa over the next few days, but if an additional edge develops we will long in and around this area with the given targets. We are not long for now . Update soon.
Hello,Friends! We are now examining the NZD/USD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.613 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going long on the AUD/USD with the target of 0.663 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✅
Take a look at our analysis for NZDUSD. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.608. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.614 level. P.S We determine oversold/overbought condition...
Check out this setup. Highly likely that we will see a breakout to the upside. Idea is: - Buy the breakout - Exit trade at one of the targets Remember to set your stop losses and trade safely.
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Grab your favorite cup. Put a pot of water on the range. Non decaffeinated will help control the jitters. Id suggest earl gray or chamomile. Drew this one out after the cup formed. Cup and handle. C+H. Tea time. Measured move would be the depth of the cup. These situations usually play out to the 3.618 extension to the minimum. Fib extensions pulled...
Hello,Friends! CHF-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 169.414 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.088. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.091 level soon. P.S Please, note that an...
Please, check our technical outlook for USDCHF. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.879. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.887 level soon. P.S Please, note that an...
Hey Traders, in tomorrow's trading session we are monitoring USOIL for a buying opportunity around 80.20 zone, USOIL 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 80.20 support and resistance area. Trade safe, Joe.
Hey Traders. in tomorrow's trading session we are monitoring DXY around 103.300 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.300 support area. Trade safe, Joe.