USDJPY Will Go Lower! Short!
Take a look at our analysis for USDJPY.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 148.034.
Considering the today's price action, probabilities will be high to see a movement to 146.852.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Short
EURGBP Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for EURGBP below:
The price is coiling around a solid key level - 0.8665
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8647
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Bitcoin will rebound from resistance area and continue to fallHello traders, I want share with you my opinion about Bitcoin. A distinct shift in market control from buyers to sellers has defined the recent price action for Bitcoin. After the prior upward wedge failed at the major 119500 resistance level, a significant breakdown occurred, initiating the current bearish phase, which has been neatly contained within a downward channel. The price action within this structure has been orderly, consisting of downward impulses followed by corrective rebounds. The most critical recent development was the downward fall that broke below the key horizontal support level at 112000. Currently, the asset is in the midst of an upward rebound, rallying back to test this broken structure from below. The primary working hypothesis is a brief scenario, anticipating that this rally will fail upon entering the 112900 - 112000 resistance zone. A confirmed rejection from this former support area would validate the bearish trend continuation and signal that the next impulsive move down is imminent. Therefore, the TP for this scenario is logically set at 107000 points. Please share this idea with your friends and click Boost 🚀
NZDUSD: Will Start Falling! Here is Why:
Looking at the chart of NZDUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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EURCHF: Bearish Continuation & Short Signal
EURCHF
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell EURCHF
Entry Level - 0.9364
Sl - 0.9372
Tp - 0.9348
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPUSD: Bears Will Push Lower
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPUSD pair which is likely to be pushed down by the bears so we will sell!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD: Short Trading Opportunity
EURUSD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry - 1.1674
Sl - 1.1690
Tp - 1.1643
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CADCHF The Target Is DOWN! SELL!
My dear friends,
My technical analysis for CADCHF is below:
The market is trading on 0.5824 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5814
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GOLD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for GOLD is below:
The price is coiling around a solid key level - 3410.57
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 3402.6
My Stop Loss - 3415.2
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
USOIL SENDS CLEAR BEARISH SIGNALS|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 64.06
Target Level: 61.35
Stop Loss: 65.86
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are now examining the EUR/NZD 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 1.960 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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BITCOIN SHORT FROM RESISTANCE
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 119,125.07
Target Level: 111,573.08
Stop Loss: 124,149.32
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-CHF 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 0.934.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GOLD Is Very Bearish! Sell!
Please, check our technical outlook for GOLD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 3,396.89.
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 down to 3,377.33 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
AUDUSD Is Going Down! Short!
Here is our detailed technical review for AUDUSD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.652.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.649 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURJPY Will Fall! Sell!
Take a look at our analysis for EURJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 171.432.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 170.376 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
XAUUSD Short: Reversal Expected from the Supply ZoneHello, traders! The price auction for XAUUSD has been consolidating for an extended period within a large symmetrical triangle. This pattern was defined by key pivot points, establishing the upper supply line and the lower demand line. This phase of balance saw volatility contract significantly as the market approached the apex of the formation, building energy for a decisive move.
Currently, this state of equilibrium has been resolved with a bullish breakout. XAUUSD has pushed above the descending supply line and has completed a retest, confirming the line as new support. This bullish price action is now driving the auction upwards, directly towards the major horizontal supply zone, which begins at the 3400 level.
The primary scenario anticipates that this breakout is a final exhaustive move into a major resistance area. The rally is expected to fail upon entering the 3400 - 3410 supply zone. A confirmed rejection here would suggest a 'bull trap' has occurred, likely initiating a sharp reversal. The take-profit for this scenario is therefore set at 3340 points, targeting the recent breakout area. Manage your risk!
CHFJPY: Short Trade Explained
CHFJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell CHFJPY
Entry - 183.87
Stop - 184.04
Take - 183.53
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GC - Gold Re-Testing The L-MLH - Short AheadFirst we crack the L-MLH.
Then we got a test and now the re-test.
On a close outside the fork it's a present to short wit stops above somewhere the wicks high.
Profit at the orange Centerline (PTG1) and at the Red Centerline. All in all a wonderful trade with a decent risk/reward.
And if the train leaves without us, NO FOMO please §8-)
Crude Oil Short After Finding A Recurring BehaviorAfter I cleared the CL chart, I immediately saw a behavior that we can use for a setup right now.
You see that the highs got cracked, and then immediately price turns to the south. And since we are in a downtrend on Crude, we have a legit Short-Trade at hand.
With the modified Shiff-Fork you see how nice CL is reacting at the U-MLH, where it get's rejected. This level also coincides with the crack level.
I personally would love a pullback up to the crack-zone before shorting it. Maybe the trading Gods give us a gift on this Wednesday.
Talking about Wednesday: today we get the Crude Oil EIA numbers, which will probably move the markets.
However you plan is if you trade it, don't have FOMO. There are many more trades to come in your trading career.
Have a happy hump day §8-)
25/08/25 Weekly OutlookLast weeks high: $117,955
Last weeks low: $110,678.07
Midpoint: $114,316.53
This weekly outlook is a day late due to a public holiday but what happened last week is clear. A sell-off from Monday all the way until Sunday and as suggested in the last weeks outlook the $108,000-$111,000 level did provide the support BTC bulls were looking for, after a 6.2% drop from high to low despite a Friday rally thanks to the FED chairs speech.
Looking at the chart it is in my opinion not ideal for the bulls, my reasoning for this:
August/September seasonality coming into play. Historically a poor return in this period of the year.
Heavy sell-off despite good macro news implies exhaustion on the buy side.
Monthly close towards the end of this week, window dressing/de-risking takes place and increases the sell-side pressure.
Daily bearish structure confirmed with new lower high and lower low set.
So what does this mean for this week? Locating an area on the chart I'd like to see BTC strength from,. For me that would be 1D 200 EMA level at ~$103,000. Since September 2023 BTC has used the 1D 200 EMA as a springboard for each of its rallies and so for this bullrun to continue price must continue to respond positively off the level. The RSI would have likely reached oversold adding confluence to potential Long entries.
In a bullish scenario we could see the weekly low get reclaimed, this has routinely happened in the past and often leads to a test of the midpoint, this would be a good short term play but my gut says the overall higher timeframe (next month) is continued sell-off.