Hello,Friends! EUR-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 159.865 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 EUR-NZD 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 1.758. ✅LIKE AND COMMENT MY IDEAS✅
Hello TradingView Family / Fellow Traders, On Daily: Left Chart AUDCHF is retesting a strong resistance zone so we will be looking for sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major lower in gray. 📉 Meanwhile , AUDCHF would be bullish, and can still trade higher inside...
Last weeks high: $43584.42 Last weeks low: $41935.80 Midpoint: $40287.19 With the BTC sell off underway post ETF approval, we start the week hovering just under the previous weeks low of 41.5k. This area is the key S/R zone in my opinion and for now it looks like BTC bulls are struggling to reclaim that level. I previously stated in the last weeks...
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 187.000 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 187.000 support and resistance area. Trade safe, Joe.
This is a area I have been stalking for a sell. Looking to see how price reacts here and if we can find a entry for a nice swing position.
+ 1.) took massive weekly highs 2.) reject weekly level 3.) holding daily/weekly zone 4.) daily momentum candle wait for a small pullback before short still liq. above
Hello,Friends! We are now examining the USOIL 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 70.56 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! The BB upper band is nearby so USD/CAD 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 1.314. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.86000 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86000 support and resistance area. Trade safe, Joe.
This past week I flipped to Bearish on GU. But as we came into Tuesday they decided to pull back on the price. This week I'm and surely going in Bearish. This is a premium set up for a nice swing to the down side.
We've been projecting btc to correct to at least the 200day moving average ema 12 crossed the signal line and i'm expecting EMA 26 to do the same causing btc to break through this neckline! Be Careful Bulls. We see you on the weekly and know you're there, the bears just have one last push it seems!
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.66500 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66500 support and resistance area. Trade safe, Joe.
Hello,Friends! NZD/USD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.610 level. ✅LIKE AND COMMENT MY IDEAS✅
While I've Done Very Well with Longing Perp and have Longer Term Price Targets Above $20 I see a Correction on the Daily coming For Sure. We have a Huge Head and Shoulders Forming With THE MACD Calling a Sell Signal During the Formation of the Right Shoulder, These are big warning Sign Don't Let Volume Fool You This is Typical To Head and Shoulders as Sellers are...
On the Day Chart we have a Descending Triangle Forming. With the Price Target Aligning Well with the 200 Day MA At 33,000. I'd Expect This Being a Quick Correction As We've Had a Golden Cross on the Weekly Which Can take a Couple Weeks to Really Take Effect, So i'm expecting this to be the last down draw Don't be psyched out this is crypto! We also have the...
Moving Averages Have Crossed Moving Downward and are still going down with no look to be curving back up showing bears have stregnth on that note. The Macd suggested we have a bit of downward momentum coming still We have Buyers Volume Dropping out With Selling Volume Coming in Heavy
Early guess of the bottom is between November 2024 and March 2025 which relatively falls in line with the originally projected bottom from July 4, 2022. This is where Cycle B has topped thus far. It was in the larger target area from my December 13, 2023 analysis, albeit at the tail end of the box. Time for the study models. 1 - MOVEMENT EXTENSION STUDY The...