Hello,Friends! We are now examining the GBP/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.264 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the USD/CAD with the target of 1.345 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! SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H 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...
✅NZD_CAD went up sharply And the pair is locally Overbought so after it hits The horizontal resistance level Of 0.8287 we are likely To see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Depending on investor sentiment, I am expecting 3 possibilities, listed from most positive to least positive investor sentiment: In Purple (most positive): Bounce to $196-$198 fib levels, decaying to $188-192 range. In Yellow: Bounce to $192-$194 fib levels, decaying to $184-186 range. In red (worst): Little to no bounce, very pessimistic view on stock,...
Hello,Traders! SILVER went up to retest The falling resistance And we are seeing a Bearish reaction so I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_JPY has retested a key resistance level of 188.793 And as the pair is already making a bearish pullback A move down to retest the demand level below at 186.799 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The price has started its descent off a Gravestone Doji. Selling pressure expected to last into the spring. This is either a good place to look for short entries, or a good chart to watch to buy into GBTC at a discount. RSI suggests GBTC has just began its descent. The ideal place the PA looks to land after the dust settles is around the .618 fib retracement...
Hello,Friends! The BB upper band is nearby so AUD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 95.763. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/CHF 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 0.529...
Hello,Friends! GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H 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...
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 on a crucial zone of supply 2029.377. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1946.116 level. P.S The term...
✅AUD_NZD has retested a key resistance level of 1.0833 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.0800 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-CHF is going up now But a strong horizontal Resistance is ahead at 0.6500 So after the price hits the Level a local move down Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
going to end the week with all positives not trading friday 2pip sl 20pip tp 10rrr real life wizardry
The EUR/USD exchange rate is advancing significantly after two consecutive days of retracement, although a convincing break of the 1.0900 barrier remains elusive at the moment. The prospects for the pair are expected to turn bearish if it sustains a convincing breach of the crucial 200-day moving average, currently at 1.0844. On the upside, the weekly level of...
NVIDIA seems to be near the completion of its wave 3. In log scale, we can easily see 5 waves completed forming the inside of wave 3. In the log scale chart we are also at the resistance area of the line linking the tops. A pullback, possibly all the way down to $400, would be imaginable for a wave 4. We are seeing negative divergence on the RSI-21 week which...
✅BITCOIN is trading in a Local downtrend and the Coin made a retest of The horizontal resistance Of 40800$ from where I think we will see A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅