Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.26300 zone. GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26300 support and resistance area. Recent CPI data from the US revealed a core CPI of 0.4% in February, surpassing expectations of 0.3% and...
Hello,Friends! The BB upper band is nearby so EUR-JPY 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 160.556. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the EUR/GBP 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 0.852. ✅LIKE AND COMMENT MY IDEAS✅
- SOL had a nice cup patter and showing overall bullish sentiment. - If SOL manages to break its Previous Resistance level then its an easy run for SOL to reach new highs - Currently price is around the support zone and this consolidation is expected to continue for couple of days - Once this consolidation is over we can expect the price to bounce up, if the...
Price made a double top at 0.88168. it rejected the high zone with a bearish engulfing on the 15m and also formed a head and shoulder. we can use price action on lower tf for a entry at the retracement of the right shoulder and .618-.786
Hello,Traders! NZD-CAD is already making A bearish pullback from the Horizontal resistance level Of 0.8283 and I think that We will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
BINANCE:WOOUSDT had significant correction since the last pump which reached up to 0.52 price level. Since WOO has a decent correction, it is currently consolidating around the 0.337 area and getting good accumulation before the reversal. We can expect the price to bounce back after the consolidation or go into further correction upto 0.24. If the price bounces...
Hello,Traders! CRUDE OIL keeps growing And will soon hit a horizontal Resistance level of 79.79$ From where I think we will See a local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in tomorrow's trading session we are monitoring US30 for a selling opportunity around 38570 zone, US30 is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below the 38570 support we will be looking for a potential retrace of the trend towards more lows. The recent release of CPI data showing a...
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85400 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85400 support and resistance area. Trade safe, Joe.
Hello,Friends! We are going short on the EUR/CHF with the target of 0.937 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! NQ1! is making a bullish rebound on the 2H 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 17861.25 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for SPX. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5005.87. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 4842.47...
Evening fellas, Thinking this could be in play so I thought I'd share with y'all. Lets see if this is the beginning of a bigger and longer drop. Trade thirsty.
hey traders In the previous analysis, we were bulls and we had this move we had a bullish Gartlley pattern iits already done and this move is probably going 2 end now we have this bullish parallel channel and its going 2 break down also ichi confirmed this dump with bearish Cross what u think about GTAI ? share ur chart and leave a comment
Hello,Traders! EUR-GBP is already making A pullback from the horizontal Resistance level of 0.8576 So I am locally bearish biased And I will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Gbpusd made a double bottom after a strong downtrend that left inefficacies in the market. if we look at most recent p.a we can see price broke previous internal equal highs and grabbed liquidity. price started retracing down after breaking 1.26090(where equal highs were located.) which was the last major high. it also created a choch ob that is still unmitigated....
Hello,Traders! EUR-USD went up to retest The horizontal resistance Level of 1.0800 and we Are already seeing a Bearish reaction so I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!