EUR/USD is showing clear bullish divergence within a beautiful falling wedge. The trade is not active yet and we are looking for two potential outcomes: 1 - A breakout and check-back to support where we would long. 2 - A retracement within the wedge, that would give us a potential for bullish divergence again and maybe even the lower support being touched. In...
Take a look at our analysis for USOIL. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 76.37. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 81.90 level. P.S Overbought describes a period of time where...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined from resistance line to support line and then started to move up to $1.1015 level. In a short time, EUR rose to $1.1015 resistance level, which coincided with resistance area and soon broke it. After this, price rose to resistance...
Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 103.438. The above observations make me that the market will inevitably achieve 105.964 level. P.S Overbought describes a period of time where there has...
Right now, OGNUSDT has completed the ABC corrective pattern based on the Elliott Wave theory. We strongly expect a continuation of an emerging uptrend, specifically there should be the next and strongest wave-3 to the upside. We have already shared OGNUSDT in our channel for a major uptrend.
Technical Analysis: - NG is doing a bounce in wave ((1)) in black. We expect that this bounce will continue - H1 right side is turning down - H4 right side is turning up Technical Information: - If you didn't buy yet, you must wait for the wave((2)) in black to be completed in order to buy - And if you want to buy now, you need to put stop-loss around 2.43...
we have qml potential setup, good demand at 4h chart, Next few houers will be crucial We have a lot of us economy announcements But soo far it looks much more for long than short,
AUDCAD has been in a downtrend but currently is at a 4H Support. Trade Bias - Support Hold Buy at Current Market Price and SL at lower support region. Market Sentiment 90% Longs Hourly Bullish Divergence
Last weeks high: $42827.56 Last weeks low: $40677.38 Midpoint: $38527.20 As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level. There are 3 main FVG's I have my eye on: - At the previous weeks MIDPOINT level 40.5K (1H) - The drop from 49K has left a large FVG at ...
Today seller lost the momentum. Gold broke out the channel and already retested around 2028-2030. Look like daily will stays above the retest zone. We should look for buys with posible target such as 2040-2052 Resistance: 2040, 2052, 2070 Support: 2030, 2025, 2012
BNB is bouncing back from the support and heading towards the next resistance after a strong bounce back from major support at 280. Next target for the BNB is at around 320 This is a quick scalp opportunity with significant risk. So careful with your position sizing and make sure to keep the stoploss. Entry at: 306-309 StopLoss: 303 TP1: 312 TP2: 315 TP3:...
Hey Traders, in today's trading session we are monitoring NAS100 for a buying opportunity around 17060 zone, NASDAQ is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 17060 support and resistance area. Trade safe, Joe.
Hello,Friends! EUR-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 161.463 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/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for EURUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.082. Considering the today's price action, probabilities will be high to see a movement to 1.089. P.S Please, note that an oversold/overbought condition can...
Take a look at our analysis for EURAUD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.640. The above observations make me that the market will inevitably achieve 1.651 level. P.S Please, note that an oversold/overbought condition can last for a...
This was a very easy TA on XRP this time. We are looking for EMAs to be touched and show some rejection, which would be a sweet entry for a potential short position! We are waiting for the upper zones to be reached! Swallow Team
BNB is trading inside the sideways path, where it is currently trying to secure the middle line of Bollinger Bands. We are waiting for the perfect setup here, which means to wait for the support or resistance zone to be reached and see how the price is going to reach that zone eventually. After that (getting more confirmations), we can monitor further for a...
✅NZD_USD is going down now But a strong support level is ahead at 0.6072 Thus I am expecting a rebound And a move up towards the target at 0.6120 LONG🚀 ✅Like and subscribe to never miss a new idea!✅