Hello TradingView Family / Fellow Traders, On Daily: Left Chart GBPJPY has trading inside a range in the shape of a rising wedge pattern. Currently, GBPJPY is approaching the upper bound of the wedge pattern so we will be looking for sell setups on lower timeframes. On H4: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last...
Hello,Friends! The BB upper band is nearby so GBP-AUD 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 1.887. ✅LIKE AND COMMENT MY IDEAS✅
Gold may continue to fall in the medium term as there are now no clear reasons for further gains. Fundamentally, the dollar still looks strong, which could technically weaken gold. For the gold market and market maker, there are important targets below 2000, where, theoretically and technically, could bring the price down. Reasons for further decline: 1) False...
Take a look at our analysis for GOLD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2026.611. 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...
Here is our detailed technical review for AUDUSD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.670. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.661 level soon. P.S The term oversold refers to a...
Here is our detailed technical review for EURUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.088. 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...
Please, check our technical outlook for GBPJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 188.171. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 187.576...
✅EUR_GBP will soon hit A horizontal resistance level Of 0.8560 but its a stong Level so after the retest I will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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...