We were bullish on ENJ and took a small loss just below 40c, now the opportunity has presented itself again.
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys. There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish. This will have EMCers looking for entries Thursday or Friday to take price up to around...
Take a look at our analysis for AUDCHF. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.586. Considering the today's price action, probabilities will be high to see a movement to 0.591. P.S We determine oversold/overbought condition with RSI indicator. When...
GBPNZD has been ranging and currently stands along a strong support area with a Bullish Divergence on 1HR and 4HR TF. Buystops can be placed with the BOE interest rating news incoming. Sentiments currently are 87% long.
Please, check our technical outlook for AUDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.644. The above observations make me that the market will inevitably achieve 0.650 level. P.S We determine oversold/overbought condition with RSI...
The price is retesting the support area after a brief breakout from the demand area of the trend line, thus creating a higher low. We can expect the price to continue trending higher to the demand zone at around $0.92
TGT looking to go back north after the gap fill and now its breaking that downward trend line. Something to keep on your radar.
Very simple break down on gold which has been on a rip recently. Looks like its ready for another leg up.
Time will tell but it appears an almost 20-year downtrend/basing period has been broken. The breakout occurred with significant volume which makes it more likely to be genuine. Of course an initial shakeout/head fake could follow (and I may not have the trend line exactly right, tried to place it where there were the most hits, but a few times that resulted in...
Arweave (AR) is one of my recent coins which I choose to invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and on Target 4 and 5. Entry Zone: 9.07 – 11.07 Buy Zone 1: 6.06 –...
We are waiting for a breakout on the 4h timeframe from this wedge on DYDX. A few alts are showing this behaviour and we'll look closely at their pa if they make a lower local low, it could be the perfect entry. Regardless, we are looking to swing trade DYDX to the 2.7$ level minimum. The closer we are to 1.7 the easier it is to strategise and minimise...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $2900 - $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in orange is needed. In this case, a movement towards the $4000 resistance would be expected. 2️⃣ Bearish In...
We are here. I believe these are the opportunities we've been waiting for.
Please, check our technical outlook for USOIL. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 78.43. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 80.05 level. P.S The term oversold refers to a...
Take a look at our analysis for AUDCHF. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.599. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.602 level. P.S Overbought describes a...
Here is our detailed technical review for GOLD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2321.11. Taking into consideration the structure & trend analysis, I believe that the market will reach 2404.25 level soon. P.S The term oversold refers to a...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.658 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USOIL 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 81.20...