GNS seems to enter a building trend in the last week, we are checking if this coin is able to break out to $7 in the coming time. What makes this coin making a good chance for the breakout? The technical side of the coin and the time frame confirmations including the price action data show there is a good chance this coin can break out. Manage always risks,...
My dear friends , This is my opinion on the CAD/CHF next move: The market is trading on 0.65199 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 0.65400 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when...
Hey Traders! The CADCHF trade is currently in an unprecedented low zone, making it susceptible to sudden bullish surges. While the opportunity seems too promising to pass up, we must tread with caution. The overarching market trend remains bearish, we based our analysis on the long upper shadow and the 4-hour bearish flag pattern. A break in this formation might...
Yesterday, Futures rallied in to Close after being down about 1%. We will find out if it holds. Any test of Yesterday's High could provide direction for the day. Level to watch: 4530 ---4532 Report to watch: US:EIA Petroleum Status Report 10:30 AM ET
Pair : DE30EUR ( Germany 30 Index ) Description : Consolidation Phase Impulse Correction SMC - CHOCH Bearish Channel in Short Time Frame Fibonacci Level - 61.80%
Hello,Friends! GOLD 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 1969.436...
Hello,Friends! We are going short on the USD/CHF with the target of 0.866 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 now examining the USD/CAD 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 1.325 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on EUR/USD right now from the resistance line above with the target of 1.092 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for DXY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 102.358. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 102.022...
Take a look at our analysis for LTCUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 84.13. The above observations make me that the market will inevitably achieve 90.56 level. P.S The term oversold refers to a condition where an asset has traded...
Please, check our technical outlook for NZDUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.607. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.600 level soon. P.S We determine oversold/overbought...
Here is our detailed technical review for USDJPY. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 143.361. Considering the today's price action, probabilities will be high to see a movement to 141.540. P.S Overbought describes a period of time where there...
Here is my latest structure analysis for USDJPY. Horizontal Key Levels Resistance 1: 143.90 - 144.35 area Resistance 2: 144.80 - 144.05 area Support 1: 141.50 - 141.80 area Support 2: 137.25 - 138.05 area Vertical Key Levels Vertical Support 1: Rising trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with...
BCH/USDT Technical Analysis - Potential Breakout Ahead Hey Crypto Enthusiasts! Let's dive into an insightful technical analysis of the BCH/USDT trading pair, exploring recent trends and potential future moves for Bitcoin Cash (BCH) in the crypto market. June's Phenomenal Surge June was nothing short of thrilling for BCH holders, witnessing an incredible 260%...
The major level marked and the structure of the market will be depend on the confirmations candle, as yesterday price reject the confirmations candle formed the proper sell system formed. GBPJPY SELL 182.80-183.00 TP1. 182.40 TP2. 182.00 TP3. 181.50 TP4. 181.00 Sl 183.40 Please follow the setup with proper risk managements.
Price action analysis for DXY. Important key levels. Potential scenarios ahead of NFP. ❤️Please, support this video with like and comment!❤️
USDCHF formed a bullish flag pattern after a strong bullish impulse. The price was correcting for a couple of days. The resistance of the flag was broken today. Its is a strong bullish signal and it will most likely trigger a trend-following movement. Goals: 0.8793 / 0.8815 ❤️Please, support my work with like, thank you!❤️