_______________________________________________________________________________________________________________________________________ Hello traders investors and community. This is an update analysis on my recent SHORT analysis about BTCUSD . As you can see in my chart BTCUSD is about to form an huge head and shoulders pattern with the right shoulder about to...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61250 zone, NZDUSD 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 0.61250 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 17860 zone, NASDAQ 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 17860 support and resistance zone. Trade safe, Joe.
_______________________________________________________________________________________________________________________________________ Hello traders investors and community, there are some interesting things going on with BTCUSD which i want to explain today. We have seen BTCUSD con- solidating the last days and weeks in the range between 9000 and 13700, this...
Hello traders, investors and community. Today i am analysing BTCUSD and what will probably happen next. In my chart we are looking on the daily price of BTCUSD. In my chart you can see the huge suppy zone right where we got rejected the last days on june 26th. This is a critical zone because we have supply there from the bear-market 2018, you see the BTCUSD price...
Hello,Friends! USOIL pair is in the uptrend because previous week’s candle is green, while the price is evidently 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 74.02 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! EUR/USD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello,Friends! SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 8H timeframe the pair is going up. 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 22.468...
Please, check our technical outlook for BITCOIN. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 50073. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 47699 level. P.S The term...
Take a look at our analysis for GBPUSD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.260. The above observations make me that the market will inevitably achieve 1.254 level. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for US100. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 17837.3. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 17329.5 level. P.S The...
Please, check our technical outlook for US500. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5026.1. Taking into consideration the structure & trend analysis, I believe that the market will reach 4952.0 level soon. P.S Please, note that an...
Hello,Traders! AUD-NZD broke the long Term rising support line Then went down and is Now going up to retest The broken support From where I will be Expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅AUD_CHF has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 0.5737 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I think the 1 hour chart on AUDCHF is looking like a possible downside if resistance holds at 0.57300. I'm looking for 2 x TP's shown on the chart, one is a 3.9:1 risk to reward, the other is a 6.5:1 risk to reward ratio. Let me know if you think this resistance will hold?
Hello,Friends! We are targeting the 96.496 level area with our short trade on AUD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CAD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. 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 109.775...
Hello,Friends! Previous week’s green candle means that for us the CHF/JPY 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 168.960. ✅LIKE AND COMMENT MY IDEAS✅