With one win already today, we are looking at another potential set-up, however it will be at a much smaller risk as we do not want to lose profits. Price looks to be breaking down and should we see a close below the level we can anticipate price to continue down.
In the EUR/USD exchange rate, there appears to be a bearish opportunity as the dollar is gaining strength following the downgrade of American debt. However, there is a favorable level around 1.0965 where the price could reverse its direction. In this zone, a "short" entry could be considered if the correct bearish confirmation signals occur on the 15-minute chart...
My dear friends , My technical analysis for EUR/CAD is below: The market is trading on 1.47505 pivot level. Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Target - 1.47068 About Used Indicators: Pivot points are a great way to identify...
US500 - Classic bearish pattern - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short US500 Entry Level - 4495.2 Stop Loss - 4511.8 Take Profit - 4470.2 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
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 EURUSD pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! EUR-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.458 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 EUR/CAD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H 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 US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 35379. 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...
Take a look at our analysis for CHFJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 163.437. The above observations make me that the market will inevitably achieve 162.249 level. P.S Overbought describes a period of time where there has been a...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.34800 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.34800 support and resistance zone. Trade safe, Joe.
Hello,Traders! AUD-CHF is trading in a Downtrend and the pair Has formed a bearish Flag pattern so IF we See a bearish breakout Then we will be expecting A bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! EUR-CHF is already making A local pullback from the Falling resistance line and As the pair is in the downtrend I think that it will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
By this analysis, many traders will probably end up losing, but we are looking for a selling opportunity. From the weekly timeframe, we are still bearish, and we perceive the intraday bullish signal as a result of NFP (Non-Farm Payrolls) and trapping retail traders into long positions. We would much prefer to take advantage of the weekly liquidity around 1.08350...
On this pair, we have a bullish setup on the daily chart with a double impulse trendline. Currently, the price seems to be closing below a very important resistance level at 1.3380. If the market closes below this level, we could expect a downtrend towards the 1.3240 level, where we have a valid trendline with a higher timeframe FVG (Fractal Volume Gap)...
My dear friends , Please, find my technical outlook for US30 below: The market is trading on 35405 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 35200 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish...
My dear subscribers , My technical analysis for AUD/USD is below: The instrument tests an important psychological level 0.65625 Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Goal - 0.65045 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to...
BNB has fixed under the 200EMA on the 4H TF. RSI is moving in the bearish zone. I believe the chart will continue to decline.
RSI is moving in the sellers' zone. The price has fixed under 200EMA (30m TF) I expect a decline after fixing under the support level.