My dear subscribers , This is my opinion on the US500 next move: The price is coiling around a solid key level - 4467.9 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 4441.2 My Stop Loss - 4483.2 About Used Indicators: The pivot point...
Analysis: Bullish Confluences Very strong upwards trend Retest of a key support level Upwards trendline touch 6K long position decrease for the USD Bearish Confluences 1K short position decrease for the USD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments...
Hello, friends of the cryptocurrency world! 🚀 Today, I want to share my thoughts with you about the current situation in the altcoin market. It seems that many projects are now very close to their bottom points, and this could be an opportune moment for making well-informed choices and investments. It's important to understand that the cryptocurrency market is...
My dear friends , My technical analysis for EUR/CAD is below: The market is trading on 1.47505 pivot level. Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Target - 1.47068 About Used Indicators: Pivot points are a great way to identify...
Gold is reducing its volatility and continues to consolidate at 1933.9. On the global timeframe, support at 1938.9 is broken and preconditions for further decline are forming TA on the high timeframe: 1) False breakout after correction. The level of 1938.9 2) Liquidity area. The price is forming another retest. TA on the low timeframe: 1) A situation of buying...
USDCHF is forming a local bullish trend. Globally - correction. A pattern is forming between the liquidity areas, the breakout of resistance of which can form a rapid rise TA on the high timeframe: 1) A correction is formed after the breakout of 0.8860 level. The growth will continue to the resistance 2) A bullish liquidity area is forming at the bottom, the...
Good morning traders, As anticipated, we observed a retracement in the GBPCHF pair. A rising wedge pattern has subsequently materialized, and a recent downside breakout confirms this formation. The prevailing market sentiment remains bearish. On the 1-hour timeframe, all moving averages are aligned with our perspective, and the majority are consistent on the...
Hello,Friends! Previous week’s red candle means that for us the SILVER pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 23.854. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.458 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/CAD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.608 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
Hello,Friends! USD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Dear All, I have tried to capture a small price action scalp trade setup with options strike price 1 min time frame Price ACTION. Do correlate it with the trade plan that I have shared at Happy trading!
Take a look at our analysis for US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 35379. 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 the way...
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1830.3. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2000.9 level. P.S The term oversold...
Here is our detailed technical review for EURUSD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.097. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.108 level. P.S We determine...
Take a look at our analysis for CHFJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 163.437. The above observations make me that the market will inevitably achieve 162.249 level. P.S Overbought describes a period of time where there has been a...
EURUSD is currently trading within a narrow range between 2 solid horizontal structures. Depending on the reaction of the price to the underlined zones, I see 2 potential scanarios. Bullish If the price breaks and closes above 1.1055, I will expect a bullish continuation at least to 1.113. Bearish If the price breaks and closes below 1.091, a bearish movement...
BUY ABOVE - 19620 SL - 19580 TARGETS - 19680,19730,19765 SELL BELOW - 19580 SL - 19620 TARGETS - 19530,19500,19430 Previous Day High - 19620 Previous Day Low - 19530 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade...