Weekly Chart, so this May take a while. but it will be worth it! Short, at $255ish, Cover $219 or Lower. Juice with some PUTS, Lemon, ice gently Shaken, not Stirred yippee Ki-yay... Hombres A planet of playthings, we dance on the strings of powers we cannot perceive
GBPUSD is showing a big red 4h candle in the resistance zone. I expect a move down from here to the support zone at the 1.26150 level. (Take profit line) Let me know what your outlook is on the GBPUSD!
Hello,Friends! CAD/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...
Hello,Friends! The BB upper band is nearby so EUR-CAD 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 1.461. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the GBP/CAD 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 1.696. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for EURCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.941. Considering the today's price action, probabilities will be high to see a movement to 0.938. P.S Overbought describes a period of time where there has been...
Take a look at our analysis for EURGBP. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.865. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.860 level soon. P.S Please, note that an oversold/overbought...
Please, check our technical outlook for USDCAD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.351. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.342 level. P.S We...
Here is our detailed technical review for NDX. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 16827.06. 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...
As per the video idea price action is at a perfect place to sell, great risk reward. we've seen some lower highs and we are at a place now where it could sell off again.
The EURUSD broke through the upward trendline at the end of last year, due to USD strength. This downward move saw the formation of a bearish flag pattern during the first half of January. The EURUSD has now broken the channel and the support level (61.8% Fibonacci retracement level) to signal a bearish continuation. The target level could be the next support...
In today's trading session, our focus is on GBPUSD, where we are monitoring a potential selling opportunity around the 1.27100 zone. The currency pair, which had been trading in an uptrend, has recently broken out and is currently in a correction phase, nearing the retrace area at the 1.27100 support and resistance zone. Adding a fundamental perspective to our...
Hello,Traders! EUR-CHF is going up now And will soon hit a Horizontal resistance level Of 0.9425 from where I think we will see A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! We are now examining the NZD/JPY 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 90.156 level. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09100 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09100 support and resistance area. Trade safe, Joe.
Hello,Friends! We are targeting the 1964.137 level area with our short trade on GOLD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D 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...
Hello,Friends! SPY pair is in the uptrend because previous week’s candle is green, while the price is obviously 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 457.90 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...