Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this...
In today's trading session, our focus is on EURGBP, where we are eyeing a selling opportunity around the 0.85800 zone. Technically, EURGBP is trading in a downtrend and currently navigating a correction phase towards the 0.85800 support and resistance area. Now, delving into the fundamental layer, we are inclined towards a bearish stance on the Euro due to...
Hello,Friends! Previous week’s green candle means that for us the CHF/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 170.641. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! It makes sense for us to go short on NZD/JPY right now from the resistance line above with the target of 89.803 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NATGAS uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.242 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 NATGAS pair. ✅LIKE AND COMMENT MY IDEAS✅
In today's trading session, we are closely observing USDCHF for a potential selling opportunity around the 0.86500 zone. The latest release of the Personal Consumption Expenditures (PCE) data revealed an increase of 0.2%, slightly surpassing the previous 0.1% reading and meeting the forecast of 0.2%. However, when comparing this to the trend of recent months,...
Eur/usd has been folowing a bullish trend channel. Last week it managed to break the channel and retested the channel multiple times. Priceaction confirmes a bearish flag pattern. Wich gives us more reasson a posible fall will come. level 1.0828 is currently support for eur/usd. We can either see a direct fall from 1.0883 or a small bullish pullback to 1.09237...
Hey Traders, in today's trading session we are monitoring EURJPY for a selling opportunity around 160.150 zone, EURJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 160.150 support and resistance area. Trade safe, Joe.
Hello,Friends! We are targeting the 2009.230 level area with our short trade on GOLD 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. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so GBP-AUD 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 1.887. ✅LIKE AND COMMENT MY IDEAS✅
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at NYSE:MANU ... I believe this code is at a point of potential volatility. If price can hold below $19.50 ... Bearish potential may be unlocked. My key downside targets include: - $18.14 (Conservative) - $16.63 (Medium) - $14.10...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at NASDAQ:TXN ... I believe this code is at a point of potential volatility. If price can hold below $164.09 ... Bearish potential may be unlocked. My key downside targets include: - $155.15 (Conservative) - $145.16 (Medium) - $133.85...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at NASDAQ:ACLS ... I believe this code is at a point of potential volatility. If price can hold below $131.29 ... Bearish potential may be unlocked. My key downside targets include: - $113.09 (Conservative) - $93.95 (Medium) - $78.27...
Last week i adviced to keep shorting the market wich were profitable trades. 2012 formed a strong support level wich gold keeps respecting. The overal higher timeframe trend is bullish but were currently in a bearish channel. In the daily time frame the bullish channel broke and already retested. I am expecting gold to take orders around 2000-2005 again and in the...
Hello everyone, welcome back and happy new year. Hope this video can be helpful for all of those who were wandering what will happen in the future. Yes I talk about BTC in the video, however, the major movement will affect the majority of coins out there. #btc #bitcoin #altcoins
In tomorrow's trading session, our focus is on US30 as we identify a potential buying opportunity around the 38030 zone. US30, representing the Dow Jones Industrial Average, is currently in an uptrend but experiencing a correction phase, with the price approaching the critical support and resistance area at 38030. Adding to our analysis is the bearish momentum...
Hey Traders, In tomorrow's trading session, our attention is on USDCHF as we identify a potential selling opportunity around the 0.86700 zone. USDCHF is currently trading in a downtrend and is in the midst of a correction phase, making the 0.86700 level a crucial area of interest. As traders, it's essential to carefully analyze the price action in the vicinity of...
Hey Traders, in the coming week we are monitoring EURAUD for a selling opportunity around 1.65400 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.65400 support and resistance area. Trade safe, Joe.