My dear friends, My technical analysis for GBPNZD is below: The market is trading on 2.0488 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0434 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Greetings, traders. Recent market trends have seen a notable upswing in Bitcoin. The Relative Strength Index (RSI) for Matic is signaling a potential -5% correction in the near future. From my analysis, this presents an opportune moment to initiate a SHORT position, capitalizing on the anticipated downturn and securing profits at the -5% threshold. Starting SHORT...
Here a new short idea on the tech sector through the NASDAQ index. After a good bullish scenario due to the break of the trendline, we have now reach the last high and struggle to break it properly. The 16060.0 had been strongly rejected and now we could see a bearish momentum to see some lower levels. As usual, here is my most optimistic target but of course the...
Balance of buyers and sellers on the CHFJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
The observation of the elevated Bitcoin price on the Relative Strength Index (RSI) suggests the potential for a negative reaction in the future. Projecting a possible short position at 44,170, with an anticipated decline of approximately 5%, constitutes a plausible scenario.
The price of GBPCHF will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
AUDUSD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell AUDUSD Entry - 0.6670 Stop - 0.6706 Take - 0.6597 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, This is my opinion on the GOLD next move: The instrument tests an important psychological level 2072.4 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2035.0 About Used Indicators: On the subsequent day,...
My dear subscribers, GBPAUD looks like it will make a good move, and here are the details: The market is trading on 1.9050 pivot level. Bias - Bullish My Stop Loss - 1.9022 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.9109 About Used Indicators: The average true range ATR plays an important...
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USDCHF pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Currently we have struggles to breakout of 41,639 in a strong way on any of the timeframes except maybe the daily so here is just a short-term idea as to what a daily rejection would look Related to this daily chart
The recent price action on the SILVER pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
SP:SPX We are on track to reach new highs in 2023, thanks to the November bull run. The overall outlook appears highly positive. However, it's essential to always consider that retracements are a natural part of a bullish trend, helping to establish market structure. Looking at the S&P from October 2022 to the present, Fibonacci levels have proven to be...
My dear friends, Please, find my technical outlook for SILVER below: The instrument tests an important psychological level 25.4720 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 25.3171 About Used Indicators: Super-trend...
Here we have GBP/JPY on the 4 Hr Chart! With our High @ 188.658 followed by a failed Higher High @ 187.565 being the INVALIDATION of this sequence, I am looking for price to Break and Close below our CONFIRMATION of Seq @ 186.231 giving us a Lower Low signaling price will continue further down! Fundamentally this week: GBP - Construction PMI & BOE Bailey...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURJPY chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the EURUSD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
My dear subscribers, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0897 pivot level. Bias - Bearish My Stop Loss - 1.0947 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0813 About Used Indicators: The average true range ATR plays an important...