Gap between $9-10 range and local resistance is rejecting the price really well. Next major support is also untested and price could reach there since there is no EXHAUSTION VOLUME. and rest... Idea well explained in the chart. This is not a financial advice.
Take a look at our analysis for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.094. 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...
Here is our detailed technical review for USDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 151.631. Considering the today's price action, probabilities will be high to see a movement to 151.082. P.S Overbought describes a period of time where there...
Gold still pushing higher and higher. Is it posible were in a longterm bullrun? See update post montly timefram. Priceaction wise gold is showing a rising wedge wich can indicate a correction or reversal. Selling the high resistance off this channel can be done but is trickie against the main bullish trend. A confirmed break below this support channel and below...
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As EUR/JPY recently breached its all-time high, there was a noticeable surge in trading volume, indicating a potential shift in market direction. Typically, after such a significant milestone, it's common to observe a corrective phase where prices adjust from the extreme levels reached. This correction could manifest as a retracement or consolidation, representing...
I hope you guys understand my next big trade! If you have any questions or comments feel free to ask! I will put out a video as soon as I ender into the trade
Spy has crashed and this is the signal we were looking for! I have been waiting for this trade for almost a year lol watch my last video on the SPY!
✅AUD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 0.895 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CHF keeps growing In an uptrend but the pair Will soon hit a horizontal Resistance level of 0.60009 And after the retest a bearish Correction is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
price just broke out of a major zone after making a double top. on the 15 2 bar rejection was made. im expecting price to retrace the double top before making any move down.
Price is heading towards previous daily swing low. price seem to have just retested the vwap and made a rejection candle with heavy volume. recent p.a shows a rejection of 2.09850 which also lines up with the supertrend as a resistance.
Hello,Friends! Bearish trend on USD/CAD, 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 1.342. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the USD/CHF with the target of 0.895 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! USOIL pair is in the uptrend because previous week’s candle is green, while the price is evidently 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 82.58 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Here is our detailed technical review for GOLD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2284.284. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2224.888...
Hey Traders, Thinking of taking a short ride on the Nifty 50? Here's why I'm feeling bearish about it. So, there's this Bearish Orderblock (OB) lurking around 0.30% above the current price, hinting at a market reversal. But wait, there's more! The Bearish Fair Value Gap (FVG) is also signaling some downward action, possibly even before we hit that OB. Now, let's...
Hey Traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.46900 zone, EURCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.46900 support and resistance area. Trade safe, Joe.