Looking for a bounce on support on 4 hour seen in shibunacci indicator, 0.03396 #short scalp, buy the dip #NFA
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 159.920 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/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 1.257 level area with our short trade on GBP/USD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the AUD/JPY 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 96.612. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GOLD 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 2120.486 level. ✅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 0.884 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✅
Please, check our technical outlook for GBPUSD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.262. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.253 level. P.S The term...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NASDAQ for a selling opportunity around 18300 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 18300 support and resistance area. We would also like to consider the current bullish bias on DXY due to the negative correlation that may put extra...
Hey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.60200 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60200 support and resistance area. Trade safe, Joe.
#XAU #XAUUSD #GOLD #Short #ShortSetup #Eddy I'll Think Its Time to short Gold Again xD (( In the monthly time frame, it looks like we have the third collision and the completion of the monthly divergence... What you think!?... )) Related Analysis of Gold : (( XAU/USD )) : Check Link : < - - - (( This Setup sl X)) -_- First Analysis of Gold : (( XAU/USD ))...
✅EUR_USD broke the key Horizontal level of 1.0810 Which is now a resistance And the breakout is confirmed So I think that we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Confirm this scenario on the lower time frame (1 minute) before taking any action. Avoid using pending orders, and ensure confirmation from the 1-minute time frame before opening a short position
Hi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price some days ago declined to the support level, but soon broke it and fell even lower support zone. After this movement, the EUR in a short time rose higher at 1.0775 level, but soon fell back. Then the price turned around and at that moment it rose higher than the...
Hello,Friends! USOIL pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 79.92 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H 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...
Hello,Friends! The BB upper band is nearby so NZD-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 0.533. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CAD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.662 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...