Here is our detailed technical review for NAS100USD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 17724.5. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 17470.1...
GU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
GBP/USD reversed its direction and declined below 1.2650 after rising above 1.2700 earlier in the day. Renewed US Dollar strength on the back of better-than-forecast Jobless Claims and upbeat PMI data makes it difficult for the pair to keep its footing. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders...
Been watching this coin deliver the bidniz year after year since the ~$8.00 mark.. I've had good times trading.. In Kuala Lampur.. Bought the second wife there, yeah.. ENTRY: ~$380.00 TP: ~$265.00 Too bad if you're a Yank.. Daddy said you can't trade short, uh-uhuh... Tsk-tsk.. ) // Follow its progression: dub.sh
✅CRUDE OIL went up again To retest the horizontal Resistance of 79.61$ from Where i believe we will see A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-NZD is trading in a Downtrend and the pair Broke the key horizontal Level of 1.0590 and the Breakout is confirmed So I think that we will See a bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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 4H 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...
After the pullback from previous lows, price has come to a significant level of supply. I am shorting form here 0.6565 targeting lows of 0.6464, Use proper risk management
Hello,Friends! SILVER pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 21.843 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! Previous week’s green candle means that for us the CAD/CHF 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 0.644. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the GOLD 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 2011.203 level. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for GBPCAD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.705. 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 DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 103.782. The above observations make me that the market will inevitably achieve 102.868 level. P.S Overbought describes a period of time where there has been a...
Take a look at our analysis for EURCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.952. The above observations make me that the market will inevitably achieve 0.950 level. P.S The term oversold refers to a condition where an asset has traded...
EURUSD has switched to bullish structure on the 4 hour chart, price is looking to test and break preavious extreme high which have not been tested in several days indicating that there are sellers willing to protect this level, I will be looking to short once the market has made a clear lower high and a lower low on the 5 min time frame, I am also looking for...
The Pair is forming a H&S Pattern with a bearish divergence. Entry is placed at neckline of H&S as a safe entry. Sentiments also indicate a 95% short.
Hello Fellow traders, idea of distribution is done at 5th wave, this pop up price today was just retracements on the 5th wave zone. for stoploss clearly the upside of 5th wave. with clear targets below before our future retracements. This is not a financial advice, this is only my view on distribution type. Same with SPX500/SPY/SP500futures charts. Follow for...