Please wait!, we can't see new targets right now, now we need some consolidation around this area, maybe 50k?
In this chart, there is clear head & shoulder visible on the chart. we wait for the neckline to break we make an entry. But there is one check list is missing which is DIVERGENCE. which is not spotted so there might be 50/50 chance it will go down.
#DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy We are in profit for more than 60% of the growth of this currency, it seems that there will be a correction from here and if the conditions and market confirm, I will enter the reverse trade from here. Please keep an eye on Bitcoin and indices including Total 2 and Tether chart. Do not enter into the transaction...
Idk, it looks nice like this. And because i should write something more not just that vague text at the top ... I'm writing this so I have enough characters, lol. Anyway. Let's see how market will develop. I mean making prediction on monthly chart is beyond technical analysis.
Basically what chart shows. Why? Well, everyone is too euphoric about everything. But we are still in recession. 2024 will be bad. DXY to 150. Why would crypto survive? 3Q 2024 let's jump on bullmarket. Am I wrong? Maybe. But this scenario makes most sense to me especially with everything I see around.
It's explained in the clit, but if you're on a Nokia 5310, the gist of it is that I'm cancelling the previous short.. It's not ready.. It's below my entry, so you shouldn't be running a loss.. But you will if you keep it open.. Please note that I'm not suggesting that you go long.. You're welcome to, but don't do it because I said so.. Trading against the trend...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some time ago started to trades in consolidation, where firstly it declined to support 2, which coincided with the bottom part of the flat and support zone. After this, the price turned around and in a short time rose to the top part of the consolidation, after...
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 75.81 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 USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
After a big rally in price stock i think that the company is overvalued in this moment in my opinion. After so a good start in the stocks the companies starts to sell stocks to mark some big profits. Many companies have declared that they intend to make the stocks more accessible for retail investors. Today i short the stock. First TP 770 Second TP 740 Third TP 700
Hello,Friends! GBP/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H 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! It makes sense for us to go short on NZD/CHF right now from the resistance line above with the target of 0.533 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GOLD is making a bullish rebound on the 1D 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 1988.710 level. ✅LIKE AND COMMENT MY IDEAS✅
Please, check our technical outlook for GOLD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 2025.53. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1991.60 level....
Please, check our technical outlook for US500. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 5072.7. The above observations make me that the market will inevitably achieve 5023.1 level. P.S We determine oversold/overbought condition with RSI...
Hey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.61400 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 0.61400 support and resistance area. Trade safe, Joe.
As we monitor the price action we are looking for a break in the current structure before getting active with a direction. We have no GBP news this week. Only USD news to push the narrative.
German DAX Analysis Taking another look at the German benchmark index, the DAX XETR:DAX , our scenario remains unchanged. If we don't breach the 18,000 EUR mark, we anticipate continuing with Wave IV, which is expected to range between 10,000 € and a maximum of 7,500 €, depending on the potential overshoot of Wave (B). This scenario will be invalidated...
Weekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse...