EUR/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
EUR/USD is making a bullish rebound on the 12H 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 1.157 level.
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Short
AUDCHF: Bearish Continuation is Expected! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDCHF chart which, if analyzed properly, clearly points in the downward direction.
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NZDCHF Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The price is coiling around a solid key level - 0.4352
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.4735
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBPUSD A Fall Expected! SELL!
My dear subscribers,
My technical analysis for GBPUSD is below:
The price is coiling around a solid key level - 1.3577
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.3550
My Stop Loss - 1.3590
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
AUDNZD: Bears Will Push Lower
The analysis of the AUDNZD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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EURUSD: Short Trade Explained
EURUSD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry - 1.1723
Sl - 1.1732
Tp - 1.1707
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPCHF Set To Fall! SELL!
My dear friends,
My technical analysis for GBPCHF is below:
The market is trading on 1.0803 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0779
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GOLD Trading Opportunity! SELL!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 3635.2 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 3624.7
Safe Stop Loss - 3641.7
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
USD/JPY - Weak Support suggests breakoutHi all traders. Ive done a few breakdowns of this market now all following similar fundamentals.
Here is my conclusion:
Market is currently ranging. We are approaching a Strong 8H Supply zone facing close to a much tested Support.
Im looking for a strong rejection off this Supply into this support with enough pressure to make Bearish movements through this zone. Monthly Imbalance suggests Buyers are sitting lower so I will be aiming beyond this support.
Good luck to all and I follow me for more updates.
US30 SHORT FROM RESISTANCE
US30 SIGNAL
Trade Direction: short
Entry Level: 45,509.9
Target Level: 43,969.8
Stop Loss: 46,527.7
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
AUD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.527
Target Level: 0.524
Stop Loss: 0.530
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 4h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZDCHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
It makes sense for us to go short on NZD/CHF right now from the resistance line above with the target of 0.471 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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AUD/NZD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Previous week’s green candle means that for us the AUD/NZD 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 1.111.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURUSD Is Bearish! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.169.
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 down to 1.163 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDNZD Is Going Down! Short!
Take a look at our analysis for AUDNZD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.113.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.108 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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UBS Swiss Bank ran too hot for my likingBut I like it!
It's a fair short opportunity IMO.
Also, the setup is playing out very nice.
It opened & closed back into the Fork on the daily.
I approach it the same way like the Google short, with ITM Options (see link).
Target is the Centerline with an 80% chance of success.
Google has reached it's stretch level👉 The rubber band is stretched 📉💥🐍
👉 Euphoria is at it's top 🚀💸🌕
👉 Greed eats brain 💰🤑👐
So, why not taking a casual short?
Let's say, with some ITM Put Options, just to define the risk?
Because if I short the UL, there's still a chance that greed and euphoria goes nuts and gaps way above the U-MLH.
So, let's give it time to mature, like a good old Whiskey §8-)
Cheers 🥃
EURUSD Short: Price Reverse and Start FallHello, traders! The price auction for EURUSD has been operating within a well-defined ascending channel for several weeks. This bullish structure has been confirmed by multiple pivot points, with buyers defending the ascending demand line and sellers consistently emerging at the upper supply zone near the 1.1715 level. This has established a clear rotational pattern between the channel's boundaries.
Currently, the auction is at a critical inflection point, once again testing the upper boundary of this channel. The price has rallied to meet the ascending supply line, which forms a strong confluence of resistance with the horizontal 1.1715 - 1.1740 supply area. This is the same zone where previous rallies have failed, making it a key battleground.
The primary scenario anticipates a rejection from this resistance confluence, continuing the established pattern of rotation. The expectation is that sellers will defend the supply zone and initiate a new downward move back towards the channel's support. A failure to break out higher would confirm a short-term correction is underway. The take-profit for this rotational play is therefore set at 1.1605 points, targeting the ascending demand line of the channel. Manage your risk!
BTCUSD: Fake Breakout and Drop to Support LineHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
From a broader perspective, the price of Bitcoin has transitioned from a downward channel into a large rising wedge pattern. This structure has defined the price action for several weeks, creating a volatile environment with clear boundaries at the support zone near the 109000 level and the resistance zone up to the 113000 area.
Currently, we are at a very interesting and critical point. The price has once again rallied to the top of the Wedge and is testing the major horizontal resistance at the 112500 level. This is the third significant test of this ceiling in recent history.
My Scenario & Strategy
My scenario is built on a repeating pattern of behavior I've observed at this resistance. On the two previous tests of this 112500 area, the price created a 'fake breakout', briefly pushing above the level only to be aggressively sold off. This repeated failure is a strong clue that sellers are dominant here.
My expectation is that history will repeat itself. I'm looking for the price to make one more 'fake breakout' push into the 112500 - 113000 resistance zone. A swift reversal and a fall back below the 112500 level would be the key signal that sellers have once again taken control. The primary target for this move is 110700, which aligns with the ascending wedge support line.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
Gold may move up a little and then start to declineHello traders, I want share with you my opinion about Gold. The market for Gold has transitioned from a prolonged balancing phase into a strong directional trend, following a decisive breakout from its prior multi-week big range. This breakout, originating from the support area near the 3445 level, shifted market control firmly to buyers and initiated a new impulsive phase. The price action for XAU since then has been characterized by a steep, high-momentum rally, which is being guided by an ascending mirror line. Currently, the asset is at a new high, continuing to push upwards along this aggressive trendline. However, such accelerated trends are often unsustainable and can signal that the market is becoming overextended and due for a correction. I expect that after a potential final push higher, the price will stage a sharp reversal, with enough selling pressure to cause a breakdown below the steep mirror line. A break of this dynamic support would be the first confirmation that a corrective phase has begun. Therefore, the TP for this corrective scenario is logically placed at 3520 points. Please share this idea with your friends and click Boost 🚀
NZDCAD: Trading Signal From Our Team
NZDCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDCAD
Entry - 0.8230
Stop - 0.8238
Take - 0.8216
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDCHF: Bearish Forecast & Bearish Scenario
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 AUDCHF pair which is likely to be pushed down by the bears so we will sell!
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GOLD: Bearish Continuation & Short Trade
GOLD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GOLD
Entry Point - 3644.0
Stop Loss - 3652.1
Take Profit - 3630.1
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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