Hello,Friends! GBP-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.236 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 GBP/USD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session 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.
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.35800 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.35800 support and resistance area. Trade safe, Joe.
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 24.358 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
if the bitcoin does what it does best and being cold and get short term investors out and fulfill the hold'ers dream once again from broke to riches. it will go to 85 percent draw down a few times and after halving take off again unexpectedly...
What is a Rising Wedge? What helps us look at it and confirm it? ✅ Upward Trend: The pattern typically forms during an upward price movement. ✅ Converging Trendlines: Both the support and resistance trendlines slope upwards, but they converge as the pattern matures. ✅ Volume: A declining volume accompanying the formation often strengthens the pattern's bearish...
Trying to catch a nice and easy move from gold . Historically gold has always respected a 78.6 retracement from ATH in 5min or 15min timeframe. Waiting for the markets to open and then i am striking XAU/USD.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 147.200 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 147.200 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring DXY for a selling opportunity around 103.700 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 103.700 support and resistance area. Trade safe, Joe.
Hello,Friends! USD/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 147.603 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Hey Traders, in the coming week we are monitoring USOIL for a selling opportunity around 75.40 zone, USOIL was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 75.40 support and resistance area. Trade safe, Joe.
Dear Esteemed TradingView Members, Environment In recent months, the Euro (EUR) has experienced a notable depreciation against the US Dollar (USD), reaching parity for the first time in two decades. This decline can be attributed to a confluence of factors, including: Economic Disparities: The ongoing economic challenges in Europe, particularly the energy...
Hey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 98.200 zone, AUDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 98.200 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPNZD for a selling opportunity around 2.05100 zone, GBPNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.05100 support and resistance area. Trade safe, Joe.
Hello,Friends! We are going short on the BITCOIN with the target of 37872 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the EUR/USD 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 1.081 level. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.75400 zone, EURNZD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.63800 zone, EURAUD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.63800 support and resistance area. Trade safe, Joe.