Hello,Friends! Previous week’s green candle means that for us the US30 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 33574. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the GOLD with the target of 2003.233 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✅
Here is our detailed technical review for DXY. Time Frame: 30m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 102.839. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.744 level soon. P.S Please, note that an...
✅AUD_NZD is going down Now and the pair broke the Key horizontal level of 1.0783 Which is now a resistance then Went up to retest the broken Level and is now moving down Again so I am bearish biased And I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅CRUDE OIL is going up now But a strong resistance level is ahead around 79.30$ Thus I am expecting a pullback And a move down towards the target of 76.00$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
In a couple hours we will have montly candle closure. GOld is forming new grounds. If we look at the montly timeframe, notice that al the previous montly candles closed below 1993. This will be the first time a montly candle closes above! This indicates strong support will create around that level SO what does this mean, what is next for gold? Today 2050 was the...
Hello,Traders! EUR-CHF went up to Retest the horizontal Resistance level of 0.9685 But failed to break it and We are now seeing some Bearish price action so We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! CAD-CHF is trading in a Downtrend and the pair Is making pulback from The horizontal resistance Level of 0.6483 so we Are bearish biased and We will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
As title says, many days sideways indicate buyers is running out of fuel + we're at a strong resistance. Target the next support area. Good Luck
Mostly as title says. Structure has shifted on resistance zone to go short. Going with down trend to next zone. Good luck.
Short based on 1M mitigated supply to the 15M demand with imbalance. From there, long to NY high/liquidity from 28-11(tp1) en 27-11(tp2)
Hello,Friends! Previous week’s green candle means that for us the NZD/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 0.607. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the EUR/USD with the target of 1.095 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/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.245 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! SILVER uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 24.144 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 SILVER pair. ✅LIKE AND COMMENT MY IDEAS✅
Target 1946, entry 1937-38 Entered on the rejection of 5m LTF FVG, and also a weak low, Price diverted, push back to make new highs eventually..
Take a look at our analysis for ETHUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2029.3. Considering the today's price action, probabilities will be high to see a movement to 1990.7. P.S The term oversold refers to a condition where an asset has...
Here is our detailed technical review for CADCHF. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.648. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.642...