Hello,Friends! Previous week’s green candle means that for us the SILVER pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 21.986. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 90.142 level area with our short trade on NZD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
maybe we see this senario at AUDCHF . because there is an orderblock above price good luck
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Please, check our technical outlook for GBPJPY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 186.714. Taking into consideration the structure & trend analysis, I believe that the market will reach 185.046 level soon. P.S The term oversold refers to a...
Take a look at our analysis for NZDUSD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.612. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
✅AUD_CAD is trading in a Downtrend and the pair Broke out of the bearish Flag pattern which reinforces Our bearish bias and makes me Expect a further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅RIPPLE is going down Now and the coin has Formed a bearish wedge So IF we see a bearish Breakout I think that the Coin will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅AUD_USD is trading in a Downtrend and the pair Is breaking out of the Bearish wedge pattern now So IF the breakout is confirmed Then we will be expecting A bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-USD is going down From the horizontal resistance Of 0.6612 while trading in a Downtrend, so I think that The pair will keep Falling down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! CAD-JPY is going up now But will soon hit a horizontal Resistance level of 110.600 From where I will be expecting A bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.77400 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.77400 support and resistance area. Trade safe, Joe.
Hello,Friends! AUD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.656 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello,Friends! EUR/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. 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 1.081...
Hello,Friends! GOLD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going up. 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 2023.962...
Hello,Friends! EUR/NZD is making a bullish rebound on the 2H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.760 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on EUR/AUD right now from the resistance line above with the target of 1.640 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2037.204. Taking into consideration the structure & trend analysis, I believe that the market will reach 2024.871 level soon. P.S Overbought describes a period...