Hello,Friends! USD/CHF is making a bullish rebound on the 6H 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 0.887 level. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 2176.117. Considering the today's price action, probabilities will be high to see a movement to 2157.430. P.S Overbought describes a period of time where there...
Take a look at our analysis for USDJPY. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 151.191. The market is approaching a significant resistance area 150.533. P.S Please, note that an oversold/overbought condition can last for a long time, and...
Here is our detailed technical review for SPX500USD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 5237.5. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 5193.0...
I'm probably crazy, Yeah I know What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy. Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that...
Bearish trade idea on EURUSD. The next DOL/Target from my point of view is the REQLs below 1.0795 at the first objective. My POI to look for a short is within the 12h Sibi residing not too far away which is also a Unicorn setup. There is news on Tuesday, either to initiate the manipulation and reversal, or continuation of the reversal that will happen today...
Currently could be a bulltrap. Low price, low volume. We’ll see on that solid zone. Still a lot of news incoming before btc halving. Respect: my personal analysis. NFA
Hi folks today I'm prepared for you Euro analytics. Some time ago price rebounded from the trend line and rose to the 1.0800 support level, which coincided with the support zone and soon broke this level, after which it started to trades in consolidation. In this pattern price some time traded near the support level until it reached the trend line, after which EUR...
Hello,Friends! We are going short on the US30 with the target of 33342 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! We are now examining the EUR/AUD 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 1.642 level. ✅LIKE AND COMMENT MY IDEAS✅
Now Bears moment 🔻Short term F&O. Educational purpose only
Here is the short idea for the BINANCE:LINKUSDT . The idea based on the fact that LINK has broken down the uptrend channel, moving currently within the downtrend channel and BTC is targeting 14K.
Hello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow. Let's start by setting goals for the near future that we can include: T1 = $3,452 T2 = $3,576 T3 = $3,665 AND T4 = $3777 Now let's move on to the stop loss in case of further market declines: SL1 = $3,307 SL2 =...
Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 2172 zone, Gold is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2172 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.65250 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65250 support and resistance area. Trade safe, Joe.
📈 Bitcoin has recently exhibited a rising wedge pattern on the 4-hour chart, indicating a potential correction in the near term. This pattern is characterized by converging trendlines forming higher highs and higher lows, signaling a weakening momentum and a potential reversal. 🔍 💲 As of the time of writing, Bitcoin is trading at $68,200, and based on the...
In the crypto realm, Chainlink stands out, its price swaying like a pendulum. 📈💼 Eyeing its chart, we zoom in on the 12-hour time frame, where $17.72 emerges as a pivotal support level. 🛠️💰 Beyond mere numbers, this mark embodies market sentiment, shaped by news and psychology. 📰💭 So, let's approach with a blend of technical prowess and market wisdom, ready to...
🎮 Gala, the gaming-focused blockchain platform, faces resistance at 7 cents, prompting a reassessment of its near-term outlook. 🛑 This analysis explores potential support and bounce levels on the 4-hour timeframe, guiding traders through key price dynamics. Introduction: Gala's recent rejection at 7 cents signals a temporary pause in its upward momentum. 📉...