Here is our detailed technical review for SPX500USD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 5188.9. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 5282.3 level. P.S Please, note that...
Take a look at our analysis for GOLD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2307.567. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2337.511 level. P.S The term oversold...
Please, check our technical outlook for EURCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.478. The above observations make me that the market will inevitably achieve 1.474 level. P.S We determine oversold/overbought condition with RSI...
The previous scenario is still valid and running, it is expected that in the monthly time the price will be corrected in the range of 2600 to 2540 and according to the movement scenario, it will have a profitable movement to the range of 3753-3918 dollars.
Bank nifty are we done or more pain remain ? I came across the plotted chart points may be valid for Bank nifty. Your inputs are welcome. Please follow, like, subscribe.
People also ask What is a 15 minute time frame strategy? A buy signal is given when price exceeds the high of the 15 minute range after an up gap. A sell signal is given when price moves below the low of the 15 minute range after a down gap.
The 15-minute timeframe is now a downtrend, we saw a completed wave structure yesterday. The pullback to that move is valid and we expect a follow-through. Having said that, the 1Hr timeframe is still not 100% Bearish, we need to see a break below 1.2466 before we can safely say the H1 is now bearish. The alternative Scenario is this; If the price should fail to...
Infosys | Infy idea | key Levels 1395/- 1360/- Imp Support for Infy 1550/- 1750/- Resistance if stay above 1360/-
Hello,Friends! Previous week’s green candle means that for us the NZD/JPY 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 92.139. ✅LIKE AND COMMENT MY IDEAS✅
As long as the price is fluctuating below the level of 67200, it is expected that this scenario is possible in the monthly time. It should be noted that the life of Lleg E will end on May 15 and the task of this leg will be determined.
Hello Traders, It has been more than 5 months from my last posted ideas. How do you do? Let Enjoy Gold Roller Coaster Ride!
In my opinion, NZDUSD is in a bearish flag pattern. So, it's good to seek short trading opportunity. As we know, the trend is our friend. The analysis is intended to be used only for educational purposes. Be aware of the potential risk of loss before making your own trading decision.
please review and leave a comment for daily trading plan for BTC, SOL, NEAR
Hello,Friends! We are now examining the GBP/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.136 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going long on the GBP/NZD with the target of 2.109 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
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 2H 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 2325.075...
Looking for continuation bearish. Trade at your own risk.
Im looking for bearish for this pair. Waiting for next BOE Monetary Policy for an impulsive move. Trade at your own risk.