Hello,Friends! We are targeting the 71.33 level area with our short trade on USOIL 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✅
Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.243 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price made upward impulse to resistance level, which coincided with resistance zone, but soon bounced down. After this, Gold rose higher resistance level and then started to decline in falling channel. In channel, price declined below $2070, breaking it...
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price declined to the support zone, which coincided with support 2, and at once rebounded up. Next, the price rose to 44400 points, after which started to decline to support 2. When the price fell to support 2, it at once rebounded and made a strong impulse up to support 1, which coincided...
Hi folks today I'm prepared for you British Pound analytics. If we look at the chart, we can see how the price some days ago traded near the resistance zone, which coincided with the resistance level and even made a fake breakout, after which EURGBP rose to the trend line. Then price rebounded and made a strong impulse down until below the support zone, thereby...
Take a look at our analysis for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2027.577. Taking into consideration the structure & trend analysis, I believe that the market will reach 1980.020 level soon. P.S We determine oversold/overbought...
✅A retest of the strong resistance level of 1.340 by USD_CAD Has happened after trading in a local uptrend from some time Which makes a bearish pullback a likely scenario With the target being a local support below at 1.3326 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! DXY is trading below The horizontal resistance Level of 102.916 and The index failed to break It so I will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! GBP-CHF went up to retest The horizontal resistance Of 1.086 from where I think We are likely to see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 10H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 181.516 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello traders, I want share with you my opinion about British Pound. Looking at the chart, we can see how the price some days ago declined to the support line and at once rebounded up to the support level, which coincided with the buyer zone. In a short time, GBP broke this level and tried to rise higher, but failed and started to decline in a downward channel,...
Hello,Friends! EUR/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H 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...
Hello,Friends! We are going short on the EUR/JPY with the target of 157.518 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.065 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello,Friends! Bearish trend on NZD/USD, 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 0.619. ✅LIKE AND COMMENT MY IDEAS✅
+ 1.) weekly structure bearish 2.) daily major trendline 3.) daily divergence 4.) no bullish momentum on daily tf 5.) daily fib. level (0.618) 6.) changed 4h orderflow bearish 7.) building 4h liq. - 1.) 4h divergence against us 2.) gbp news 15:15 BOE (in 2hours) overall a good solid trade but with news it can be tricky
Take a look at our analysis for NAS100USD. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 16726.1. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 16644.9 level. P.S The term...
Here is our detailed technical review for EURAUD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.633. 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...