Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82300 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82300 support and resistance area. Trade safe, Joe.
In order to alert you, signals of a correction before the next halving are on the table. In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one. I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be...
Hello Traders! I see a confirmation of the market structure changes on M15 AUDJY. I Will execute a short trade as I expect a bearish move until the BOSS. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and...
Hello,Friends! We are targeting the 21.949 level area with our short trade on SILVER 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! GBP/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.090 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are going short on the USD/CHF with the target of 0.856 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! 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 traders, I want share with you my opinion about Euro. By observing the chart, we can see that the EUR a few days ago rising inside the upward channel, where it even made a fake breakout, but after this price turned around and made an impulse up to the 1.0785 support level. After this, the Euro broke this level, thereby exiting from the channel and started to...
Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 22.715. Considering the today's price action, probabilities will be high to see a movement to 21.101. P.S The term oversold refers to a condition where an asset...
Here is our detailed technical review for AUDCHF. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.571. The above observations make me that the market will inevitably achieve 0.568 level. P.S Overbought describes a period of time where there has...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 When price bounced from $2005 level, it declined to $1980, but then XAU entered to wedge and started to rise. Gold in a short time broke $2005 level, and rose to resistance line of wedge, after which price made correction. Next, Gold made upward impulse to...
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to triangle, where it bounced from support line and made upward impulse to resistance line. But then it fell back to support line, after which BNB turned around and rose to resistance line again, breaking $303 level. Later price exited...
Everything is in place for GU to start moving bearish. At this point we wait for London session and look for all the stars to align.
Whoever made the call about 48k before tanking was pretty accurate. Not exactly certain where it'll come down to, but I'm confident it'll get at least below 40k. Come'on little BitCoin!
Sell from the current level down to a TP of $0.9150 Enjoy.
Hello,Friends! GOLD is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of...
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 159.865 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅