Looking to short AUDUSD as it rejected a trendline and 38.20% FIB Level. We will also be monitoring the DXY(Dollar Index) for correlation and more confluence. A break and retest below 0.65200 psychological level support will give us a proper confirmation to go short. I will be shorting this pair now but with extreme caution and add more orders upon the break and...
Last week i adviced to keep shorting the market wich were profitable trades. 2012 formed a strong support level wich gold keeps respecting. The overal higher timeframe trend is bullish but were currently in a bearish channel. In the daily time frame the bullish channel broke and already retested. I am expecting gold to take orders around 2000-2005 again and in the...
Hello,Traders! GOLD is trading in a Local downtrend along The falling resistance line So after the retest of This resistance I think We will see a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
An update to my previous idea, We see strong down trend in DXY, more dump for traditional market, and also bearish trend in crypto market,... So what are these dollars waiting for? maybe waiting for better narratives or maybe better supports in markets! get prepared and be on call! Sometime ago I have posted this idea: Now we an update to that analysis with...
Hello everyone, welcome back and happy new year. Hope this video can be helpful for all of those who were wandering what will happen in the future. Yes I talk about BTC in the video, however, the major movement will affect the majority of coins out there. #btc #bitcoin #altcoins
In tomorrow's trading session, our focus is on US30 as we identify a potential buying opportunity around the 38030 zone. US30, representing the Dow Jones Industrial Average, is currently in an uptrend but experiencing a correction phase, with the price approaching the critical support and resistance area at 38030. Adding to our analysis is the bearish momentum...
Hey Traders, In tomorrow's trading session, our attention is on USDCHF as we identify a potential selling opportunity around the 0.86700 zone. USDCHF is currently trading in a downtrend and is in the midst of a correction phase, making the 0.86700 level a crucial area of interest. As traders, it's essential to carefully analyze the price action in the vicinity of...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago entered to range, where it rebounded from the top part, which coincided with the 44400 resistance level and in a short time declined to the 40350 support level. Then BTC soon bounced from this level, which coincided with the buyer zone and...
ETH has been trading on a smaller timeframe inside the sideways path, where it bounced from support to resistance and so on. We have displayed here more of multiple setups than one correct way of movement for this coin! As we are inside those zones, we are looking at that sideways movement, but upon breakout or breakdown (a clean one), the plan will change...
200EMA has been tested multiple times and has been holding strong! With the bullish movement it has been having, it shows good strength for potential growth here, for sure, but we need to keep an eye on that EMA! As long as we are above the 200EMA, we are going to go further to the upper zones! Once the 200EMA is broken and secured by sellers, we can see some...
Hello,Traders! USD-CHF is retesting a Horizontal resistance of 0.8713 From where we will be Expecting a local Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in the coming week we are monitoring EURAUD for a selling opportunity around 1.65400 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.65400 support and resistance area. Trade safe, Joe.
✅EUR_CAD is approaching a demand level of 1.4557 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H 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 33346...
Hello,Friends! AUD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently 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 0.652 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hello,Friends! It makes sense for us to go short on GOLD right now from the resistance line above with the target of 2007.372 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. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 41732. 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...
Sell ZRX from ~$0.4010 down to $0.3300. Go easy on the entry, as it might still finish with a flair at the tip, but this ol'slag is always ready to go South.. Have toys, can play..