Due to the significant rise in gold prices, our primary scenario for Wheaton Precious Metals has been invalidated, and we've recharted the entire course for you. We now believe what we're witnessing could be a potential Wave 5 of Wave (3), meaning we're in the overarching Wave (3). This wave should reach at least 88 Canadian dollars, stretching potentially above...
Good morning! Daily review of EURUSD: After yesterday's corrective movement in the long direction (I remind you that on higher timeframes we continue to be in a short context on the daily timeframe). In the New York session, we witnessed a breakdown of the market structure into a short context. My intraday target is the minimum formed during the Asian session.
The pound, like the euro, has been in a short context since yesterday. The clear priority is to work in the short direction. A local magnet for price is the FVG formed above, from which we would like to see a reaction, with targets set at the Frankfurt minimum.
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 162.370 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/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so GBP-JPY 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 190.845. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the GOLD 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 2211.374 level. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, My technical analysis for SILVER is below: The market is trading on 26.457 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 25.495 Recommended Stop Loss - 27.009 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear subscribers, EURAUD looks like it will make a good move, and here are the details: The market is trading on 1.6455 pivot level. Bias - Bullish My Stop Loss - 1.6416 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6524 About Used Indicators: The average true range ATR plays an important...
My dear subscribers, My technical analysis for GBPNZD is below: The price is coiling around a solid key level - 2.0978 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.1050 About Used Indicators: By the very nature of the...
My dear followers, I analysed this chart on GBPCAD and concluded the following: The market is trading on 1.7133 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.7113 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
Dow Jones may pullback from a key daily support. I see a nice tiny double bottom formation after a test of the underlined blue area, with a confirmed violation of its neckline. Goal - 38860 ❤️Please, support my work with like, thank you!❤️
My dear friends, EURUSD looks like it will make a good move, and here are the details: The market is trading on 1.0874 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0830 About Used Indicators: Pivot points are a...
My dear followers, This is my opinion on the AUDUSD next move: The asset is approaching an important pivot point 0.6610 Bias - Bearish Safe Stop Loss - 0.6632 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6568 About Used Indicators: For...
My dear friends, Please, find my technical outlook for GBPCHF below: The instrument tests an important psychological level 1.1470 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 - 1.1405 Recommended Stop Loss - 1.1502 About Used...
Take a look at our analysis for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.094. 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...
Here is our detailed technical review for USDJPY. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 151.631. Considering the today's price action, probabilities will be high to see a movement to 151.082. P.S Overbought describes a period of time where there...
BTC - Trading plan for today Price did several SL hunts yesterday that's why we see a local reversal In a video, i shared with you ideas for - SHort 1) at 70k area 2) after range with SL hunts at high Low possible after 1. Big liquidation even 2. Or range and break out and watch the full plan
Please, check our technical outlook for BITCOIN. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 67074. Taking into consideration the structure & trend analysis, I believe that the market will reach 71400 level soon. P.S We determine oversold/overbought...