Please, check our technical outlook for GBPJPY. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 197.696. The above observations make me that the market will inevitably achieve 198.441 level. P.S We determine oversold/overbought condition with RSI...
Please, check our technical outlook for USDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.360. 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...
High hobby charges push up the possibility price of making an investment in gold and different treasured metals due to the fact they do now no longer convey direct profits. The yellow steel may also gain from extended safe-haven call for if the United States financial system cools similarly this year. However, a chain of Fed officers have warned over the last...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 20 May 2024 BUY LIMIT Order: $2392.65 Stop Loss: $2373.77 Take Profit 1: $2411.28 Take Profit 2: $2436.06 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical strategy, zero analysis, zero...
On Friday ES did beautiful retracement with SMT at Smart Money Reversal with YM. A lot of confluences much as seasonality, orderflow and structure.
✅DXY is trading along the rising support line And as the index is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 105.000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! SILVER keeps growing And it made a massive Bullish breakout of the Key horizontal level Of 30.00$ and the Breakout is confirmed So we will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_CAD is going up to retest a horizontal resistance of 1.7350 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.725 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GOLD went up and Almost retested the All-time-high resistance Of 2431$ so we will Be expecting a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for BTCUSD below: The instrument tests an important psychological level 66930 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 - 64056 Recommended Stop Loss - 69001 About Used...
My dear subscribers, SPY looks like it will make a good move, and here are the details: The market is trading on 529.43 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 519.19 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
My dear subscribers, My technical analysis for USOIL is below: The price is coiling around a solid key level - 82.13 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 83.93 About Used Indicators: By the very nature of the supertrend...
My dear friends, EURGBP looks like it will make a good move, and here are the details: The market is trading on 0.8549 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.8585 About Used Indicators: Pivot points are a...
EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 15 min rejection or phase line break. WTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry...
Take a look at our analysis for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 3026.1. Considering the today's price action, probabilities will be high to see a movement to 3253.6. P.S Please, note that an oversold/overbought condition can last for a...
Hello,Friends! The BB upper band is nearby so NQ1! 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 17922.50. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is clearly 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 63294 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price took recent swing high 2. massive displacement to the upside 3. Price is moving from ERL to IRL Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good displacement to the upside 3....