✅GBP_JPY has retested a key resistance level of 188.793 And as the pair is already making a bearish pullback A move down to retest the demand level below at 186.799 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The price has started its descent off a Gravestone Doji. Selling pressure expected to last into the spring. This is either a good place to look for short entries, or a good chart to watch to buy into GBTC at a discount. RSI suggests GBTC has just began its descent. The ideal place the PA looks to land after the dust settles is around the .618 fib retracement...
Hello,Friends! The BB upper band is nearby so AUD-JPY 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 95.763. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 4H 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 0.529...
Hello,Friends! GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H 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...
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 on a crucial zone of supply 2029.377. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1946.116 level. P.S The term...
✅AUD_NZD has retested a key resistance level of 1.0833 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.0800 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! CAD-CHF is going up now But a strong horizontal Resistance is ahead at 0.6500 So after the price hits the Level a local move down Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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The EUR/USD exchange rate is advancing significantly after two consecutive days of retracement, although a convincing break of the 1.0900 barrier remains elusive at the moment. The prospects for the pair are expected to turn bearish if it sustains a convincing breach of the crucial 200-day moving average, currently at 1.0844. On the upside, the weekly level of...
NVIDIA seems to be near the completion of its wave 3. In log scale, we can easily see 5 waves completed forming the inside of wave 3. In the log scale chart we are also at the resistance area of the line linking the tops. A pullback, possibly all the way down to $400, would be imaginable for a wave 4. We are seeing negative divergence on the RSI-21 week which...
✅BITCOIN is trading in a Local downtrend and the Coin made a retest of The horizontal resistance Of 40800$ from where I think we will see A bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.85600 zone, EURGBP is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.85600 support and resistance area. Trade safe, Joe.
Hello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price some days ago started to trades inside the range, where it first made a correction to the 2185 support level, which coincided with the buyer zone. After this movement, ETH bounced from this level and rose to the top part of the range, which coincided with...
Here is our detailed technical review for USOIL. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 74.25. 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...
Take a look at our analysis for US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 37933.77. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 37492.88 level. P.S Overbought...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to rising channel, where it first declined to $40500 support level, which is located in support area. BTC some time traded near this area, after which it bounced and continued to rise to $45500 resistance level. A short time later...
Hello,Friends! CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 169.798 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...