Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85400 zone, EURGBP 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 0.85400 support and resistance area. Trade safe, Joe.
Hello,Friends! We are going short on the EUR/CHF with the target of 0.937 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! NQ1! is making a bullish rebound on the 2H 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 17861.25 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for SPX. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 5005.87. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 4842.47...
Evening fellas, Thinking this could be in play so I thought I'd share with y'all. Lets see if this is the beginning of a bigger and longer drop. Trade thirsty.
hey traders In the previous analysis, we were bulls and we had this move we had a bullish Gartlley pattern iits already done and this move is probably going 2 end now we have this bullish parallel channel and its going 2 break down also ichi confirmed this dump with bearish Cross what u think about GTAI ? share ur chart and leave a comment
Hello,Traders! EUR-GBP is already making A pullback from the horizontal Resistance level of 0.8576 So I am locally bearish biased And I will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Gbpusd made a double bottom after a strong downtrend that left inefficacies in the market. if we look at most recent p.a we can see price broke previous internal equal highs and grabbed liquidity. price started retracing down after breaking 1.26090(where equal highs were located.) which was the last major high. it also created a choch ob that is still unmitigated....
Hello,Traders! EUR-USD went up to retest The horizontal resistance Level of 1.0800 and we Are already seeing a Bearish reaction so I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! SILVER uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 21.819 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 SILVER pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 187.886 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 GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2013.101. The above observations make me that the market will inevitably achieve 1962.505 level. P.S The term oversold refers to a condition where an asset has...
Take a look at our analysis for NAS100USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 17940.7. 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...
1st Target - 3844 for option trader Comment in this post for more share analysis.
After reviewing the monthly chart, I made an observation: Bitcoin has indeed filled the monthly fair value gap (FVG), which explains the recent deceleration in momentum. Now, it remains to be seen whether we will experience a breakthrough or a retracement to our monthly discount zone. Coincidentally, within the discount zone, I've identified a monthly Balanced...
Hello Birdies, The stock marketer biggest mover who has the responsibility to keep the market up is topped out. Since June it is in distribution phase. The price is at 1.618 fib level and also taking resistance at fib circle. Once it broke down from yellow line thats the start of bearish trend. The targets are on the line which were converted into support its...
Hello everyone, against all fundamental backdrop the DAX has created a new ATH, which is inline with my elliot wave analysis. To make it short I want to trade against the strong trend movement to catch a correction back to the 16k area . Confirmation will be the break of the current area of 16750 . If you want to scalp this you can just set your SL over the...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.26700 zone. GBPUSD was trading in an uptrend and successfully managed to break it out. Currently, it is in a correction phase in which it is approaching the retrace area at 1.26700 support and resistance zone. Adding a fundamental layer to our analysis, it's essential to...