LINK has caught our attention here with some nice potential entries in the upper zones. As price has successfully exited that breakdown attempt near 200 EMA, we are now seeing a nice strength forming here with a good potential to see price reach a smaller upper resistance (which would be good entry spots for sell position)
Our attention caught the SHIBA coin, which has amazing potential for some significant movement to happen soon! We pointed out most major zones here and potential scenarios to happen on this coin, and the rest is up to the coin to choose the direction. What would be your entry point? Swallow Team
After GBP/USD changed direction very violently, we can assume price will continue down to collect that lower liquidity. The idea is to enter off the demand zone seen here. If all fails, the next entry is 1.27752. Goodluck!
soo far that bounce looks like liqudity grab pretty much i was expecting it, soo i reentering my positions
Last week of 2023 was a good tradingweek for us. After gold fell from 2090 an broke below 2072. We sold the market. Currently gold is moving between 2 channels. 1 big bull channel(yellow) and 1 smaller bearish channel(orange) Below 2072 we need to focus on selling the market. ATM gold respected the support channel last week and gave a rejection to the upside. A...
M15 and M30 are overbought with divergence, and I believe there is going to be a market crash, so JPY should strengthen. Stop loss is 50 pips with a target of 100 pips
So here we have price forming lower highs and respecting our MA's. I don't usually rely this much on my MA's but since price has repeatedly rejected on the 30 min TF during the London session, theres indication buyers don't have enough liquidity in the market, and with US news coming out shortly and giving the economic month we had in December last month, the...
Pattern recognition already worked a lot on that asset. so, as already mentioned on my BTC analysis I think we will see more lows According to this chart dump should start tomorrow, a Monday, its also on that day that XRP started to dump early November, and we could see 0.5 this week I can be totally wrong but I give it a try TP: O.5 any invalidation of this...
BTC went down as predicted , if we see that mine main target will be achieved today we could see that trend changed and on next days we will go for shorts because it will be red month. If the price will bounce with good momentum then we will just wait for better time.
Hello,Friends! GBP/JPY is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello,Friends! NZD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.616 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the NZD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the AUD/USD 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 0.665. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for USOIL. Time Frame: 45m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 69.98. The above observations make me that the market will inevitably achieve 69.03 level. P.S Overbought describes a period of time where there has...
Please, check our technical outlook for EURUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.096. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.089...
Greetings Traders, In the current trading session, our focus is squarely on USDJPY, where we are actively evaluating a potential selling opportunity around the 143.300 zone. As USDJPY navigates a downtrend, the ongoing correction phase places it in proximity to the trend at the pivotal 143.300 support and resistance area. This analysis takes a deep dive into the...
GBPAUD 4h resistance zone. I expect a rejection in this zone and a further move to the downside! Let me know what you think!
Looking for 30m M to complete off my zone/area of interest, taking it to the low for at least 40 pips.
Seems like kotak can go down from levels 1900/1930 till 1850. Trade at your own risk.