The recent price action on the CADJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
As you can see, the price broke the line that the price followed for a long time, but now it is no longer a support line. When this theory is correct, the price can go down. Becurfule if you have a Long position in the timeframe.
Hello,Friends! We are going short on the USOIL with the target of 71.58 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/JPY is making a bullish rebound on the 1D TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 177.640 level. ✅LIKE AND COMMENT MY IDEAS✅
✅GOLD broke the rising Support and is falling inside The narrowing wedge just As I predicted in my previous Analysis, and a further move Down is possible, however If a bullish breakout of the Wedge happens, then we Will become bullish on Gold SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-USD is trading in a Local downtrend and the Pair has formed a bearish Wedge pattern so IF we See a bearish breakout then A move down will follow Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅USD_CHF is trading below A local horizontal resistance Level of 0.8782 so I think that We might see a local pullback SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
FOREXCOM:XAUUSD Hello traders, I am looking for more short positions on gold in the upcoming weeks. Last week, we observed a significant strength in the DXY (US Dollar Index) and a break above the bearish trendline. Additionally, there were notable wicks on the last two daily candles for XAU/USD. My plan involves waiting for a push up during the London...
✅AUD_CHF is trading in a Downtrend in a falling wedge So I am bearish biased and I think that the pair Will keep falling down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My dear subscribers , US100 looks like it will make a good move, and here are the details: The instrument tests an important psychological level 15032.0 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 14898.9 Recommended Stop Loss -...
Hello,Traders! CAD-JPY has reached a Horizontal resistance of 108.096 And as the pair is locally Oversold I think that We will see a local correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear followers , Please, find my technical outlook for GBP/USD below: The market is trading on 1.26920 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.26435 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing...
US100 - Classic bearish setup - Our team expects fall SUGGESTED TRADE: Swing Trade Sell US100 Entry - 15030.9 Stop - 15151.5 Take - 14866.8 Our Risk - 1% Start protection of your profits from higher levels. ❤️ Please, support our work with like & comment! ❤️
Weekly and monthly price action for EURUSD appears to point towards a bearish sentiment and thus we expect shorts this week as we run into weekly lows, keep our fingers crossed and wait for the markets to come to us. Structural candles and confirmation on 15m bos entry.
Hello,Friends! Bearish trend on EUR/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 1.461. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.850 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 USD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Goodmorning Traders, In this analysis, I am observing that gold is showing signs of weakness. This is indicated by a bearish channel originating from the 1980 level. Furthermore, I see evidence of decreasing swing highs and swing lows. Additionally, we have finally received confirmation of the break of the swing low, followed by a re-test of the midline of the...
BTC broke down 200EMA on 1H TF. 50EMA broke down through 200EMA (30m TF) RSI is moving into the bearish zone. The price has formed a double top, so I believe the asset will continue to decline.