(Provided that price doesn’t carry on up from current level) Short term SELL should pull price pullback to BUY levels Before reaching Buy TP’s
Hello,Traders! EUR-NZD went up to Retest the horizontal Resistance level around 1.7934 From where a bearish move Down is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
#CTK/USDT #Analysis Description --------------------------------------------------------------- + CTK has clearly established a well-defined channel, and currently, the price is breaking downward from this channel. + This signals a bearish trend, offering a potential opportunity for a short trade. --------------------------------------------------------------- ...
#COTI/USDT #Analysis Description --------------------------------------------------------------- + COTI price has broke out from the support zone and heading towards the next support + This is a clear indication of the continuing bearish trend. + I see a good opportunity for short trade here. --------------------------------------------------------------- ...
#CELER/USDT #Analysis Description --------------------------------------------------------------- + I've observed a distinct breakout from the broadening wedge pattern, indicating a pronounced bearish trend. + I anticipate the price to sustain this bearish momentum and descend towards the next support zone. + This presents a favorable opportunity for a short...
Hey Traders, in the coming week we are monitoring US30 for a selling opportunity around 38860 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38860 support and resistance area. We would like to add up to current bullish momentum on the US dollar, usually when the dollar is bullish that put some...
#LEVER #Analysis Description --------------------------------------------------------------- + I usually don't share short signals when the market is bullish but this is an exception. + As you can see in the chart, this is the third time price is getting rejected in the resistance, this is showing clear bearish trend for the LEVER + I'm planning to enter a small...
#1INCH/USDT #Analysis Description --------------------------------------------------------------- + I'm seeing a clear divergence from the RSI and it's bearish divergence. + Also i'm seeing price moving in bearish direction. + I'm entering a small short position at this range with tight stoploss. --------------------------------------------------------------- ...
Hello,Friends! GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D 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...
Please, check our technical outlook for CADCHF. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.652. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.650 level soon. P.S We determine oversold/overbought...
Hey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.82800 zone, NZDCAD is trading in a uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.82800 support and resistance area. We would also consider the current bearish bias on stock market and...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60900 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60900 support and resistance area. Trade safe, Joe.
Hello cherished trading community! What are your thoughts on EUR/USD today? Yesterday, the pair experienced a notable decline, aligning perfectly with our expectations. It's currently orbiting the 1.087 mark, drawing some supportive momentum from its previous support levels. In recent developments, a fresh aversion to riskier assets, combined with favorable...
Hey Traders, in today's trading session we are monitoring US500 for a selling opportunity around 5130 zone, US500 was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 5130 support and resistance area. Trade safe, Joe.
USD/JPY is the forex ticker that shows the value of the US Dollar against the Japanese Yen. It tells traders how many Yen are needed to buy a US Dollar. The Dollar-Yen is one of the most traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. View the live Dollar-Yen rate with the USD/JPY chart and...
Hello,Friends! Bearish trend on USD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 148.121. ✅LIKE AND COMMENT MY IDEAS✅