Hello,Friends! The BB upper band is nearby so EUR-GBP 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 0.853. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the SILVER 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 22.653 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the GBP/CAD 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 1.715. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP-AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.935 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/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for GOLD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2082.754. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2058.865...
BTC Distribution wyvkoff im here to telling you guys that btc had alon pumping wave and almost near to sell zone becarefull be patient
Hey Traders, in tomorrow’s trading session we are monitoring AUDJPY for a selling opportunity around 98.100 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 98.100 support and resistance area. Trade safe, Joe.
Hello,Friends! EUR/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 161.811 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Take a look at our analysis for EURNZD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.774. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Hey Traders, in tomorrow’s trading session we are monitoring AUDUSD for a selling opportunity around 0.65350 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65350 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow’s trading session we are monitoring GBPUSD for a selling opportunity around 1.26700 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.26700 support and resistance area. Trade safe, Joe.
If you haven't read my article about meme coins: Then the heightened RSI level of 99 for FLOKI signals a potential correction on the horizon. Such an extremely high RSI often indicates overbought conditions, suggesting that the asset may be due for a pullback. The price target, as per the Fibonacci retracement tool, is: $0.00000697
BINANCE:YFIUSDT (1W CHART) Technical Analysis Update YFI is currently trading at $9430 and showing overall bullish sentiment YFI had a decent move in the recent weeks, if such trends continues then we can expect the price to breakout from the resistance line and head towards the next resistance. Currently i'm seeing a good opportunity to enter for long term...
If you haven't entered PEPE in the buy area: Now, at an RSI exceeding 93, it seems we are currently in a massive bubble. The previous corrections following an RSI surpassing 76 were significant, as you can see in the chart! Taking into account the Fibonacci retracement tool, my anticipated price target is $0.00000243, corresponding to the 0.618 level
✅USD_CAD is already making A good pullback from the Horizontal resistance of 1.3612 So I am locally bearish biased And I think that we will see A further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are now examining the EUR/CAD 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 1.462 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! USD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! USD/CAD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 10H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.350 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...