Hello,Friends! EUR-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.075 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/USD pair. β LIKE AND COMMENT MY IDEASβ
Hello,Friends! BITCOIN pair is in the uptrend because previous weekβs candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 62834 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are targeting the 92.844 level area with our short trade on NZD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. β LIKE AND COMMENT MY IDEASβ
TF: 3D A head and shoulders pattern is forming on higher timeframes for TSLA. If the formation plays out, a drop to around $100 may occur.
Let's talk about an ambiguously overlooked elephant in the crypto room, THE MINERS . Bitcoin miners hold the most influence over the crypto market, despite the humble spotlight casted on them compared to other players like the exchanges and the ETF distributors. What people really miss is the fact that miners HAVE to make the most raw profit , there is no...
Gold respected the bigger bearish channel. The resistance trendline got respected and gold fell again. If bulls want to take over again for 2400 ATH this channel resistance needs to get broken first. In the smaller picture we have a rising channel wich tested twice on the support side. Gold is hovering above a important support zone(2331-2327) were liquidity...
Attention Traders, In today's trading session, our focus is on USDJPY, where we're eyeing a potential selling opportunity around the 155.700 zone. Currently, USDJPY is entrenched in a downtrend, undergoing a correction phase as it nears the critical support and resistance area at 155.700. From a fundamental perspective, there's notable contention in the market...
Are you getting bored yet? Another week of chop has elapsed, and in short there is not much else to say on the surface. BTC took out it's previous weeks high and then retraced roughly half of the progress made, filling the FVG left behind by the local move up and creating our range low for this week. As it so often does, the range perfectly shows the levels of...
Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...
Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 164.885 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. β LIKE AND COMMENT MY IDEASβ
Hello,Friends! Previous weekβs green candle means that for us the US30 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 33337. β LIKE AND COMMENT MY IDEASβ
Yup, I am still not bullish. Watch this video to understand my analysis of the pre-opening chart of Nifty and Bank Nifty. #Nifty #Banknifty
As we can all observe, ETH is doing pretty bad against BTC. And I mean neck-deep-up-sh*t-creek-with-its-mouth-wide-open kinda bad LOL. People are starting to worry and get flashbacks of the December 2020 dip of ETH against BTC. The current situation is the price retesting a historic golden FIBONACCI level (61.8%) that's about 3 years old. This level is...
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.36700 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.36700 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.09800 zone, AUDNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09800 support and resistance area. Trade safe, Joe.
After CPI market has priced in the negative CPI numbers, I expect a drop to the 2304 level and below. Use proper risk management. Cheers
Ahead of CPI I am looking to short EURUSD, my targets are below 1.07000 stops above 1.086 area. Use proper risk management. The box shapes drawn on my chart are from GOLD BACH. If you want to learn about it let me know. Cheers
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. π EURUSD has been overall bearish , trading within the falling channel in red. At present, EURUSD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone in green. πΉ Thus, the highlighted red...