Here is a quote from Warren Buffett: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." Any test of ETH session Low could provide direction for the day. Level to watch : 4568 --- 4566 Report to watch: US:EIA Petroleum Status Report 10:30 AM ET
CADCHF is testing a key daily resistance. The price broke and closed below a support of a rising wedge pattern as a confirmation. I expect a retracement now. Goals: 0.6563 / 0.65485 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! Previous week’s green candle means that for us the USOIL 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 74.67. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/CAD is trending down which is evident 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 beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.866 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
JK Tyre is setting up nicely. Keep on watchlist. Add if breakout is confident.
Hello,Friends! NZD/USD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 0.620...
Take a look at our analysis for NAS100. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 15585.4. The above observations make me that the market will inevitably achieve 16253.2 level. P.S The term oversold refers to a condition where an asset has...
Please, check our technical outlook for EURUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.099. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.132 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for GBPUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.277. Considering the today's price action, probabilities will be high to see a movement to 1.299. P.S Overbought describes a period of time where there has...
Take a look at our analysis for GBPCHF. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.117. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.121 level. P.S Please, note that an oversold/overbought...
GBPCHF is testing a support of a horizontal trading range. As a confirmation, the price formed a double bottom pattern on that. I expect a bullish movement to 1.1218 ❤️Please, support my work with like, thank you!❤️
• If price pushes down to and ideally just below our area of value and it does so structurally, then I'll be looking to get long with a risk entry either after a phase line break on either the one hour or the fifteen minute chart, or after a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until...
WTI OIL will be retesting a resistance level of 83.29. From where I am expecting a bearish reaction with the price going down but we need to wait for a reversal pattern to form before entering the trade, so that we get a higher success probability of the trade.
Greetings Traders! GBPNZD is poised at a critical juncture, with NZD's "Employment Change" and "Unemployment Rate" news on the horizon. Awaiting the news' outcome could be strategic before we commit. If we see a negative impact, there could be a prime opportunity to go long. Yet, on the flip side, positive news may trigger a steep decline, threatening to hit...
Here is my latest structure analysis for AUDUSD. Consider these structures for pullback / breakout trading. ❤️Please, support my work with like, thank you!❤️
EURAUD formed a high momentum bullish candle on a daily time frame. The market broke and closed above a key daily structure resistance. I expect a further bullish continuation now. Goals: 1.666 / 1.676 ❤️Please, support my work with like, thank you!❤️
✅WTI OIL will be retesting a resistance level of 83.29$ From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅