Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a not long time ago breakout the 42800 support level, which coincided with the buyer zone inside the upward channel and started to trades near this level. Some time BTC fell to the buyer zone, but at once it backing up, and later price finally rebounded...
Hello,Friends! USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.865 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are targeting the 0.606 level area with our short trade on NZD/USD 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✅
The enduring downward trajectory of the USD appears poised to persist in the coming years and even decades. With a staggering $33 trillion debt load that seems insurmountable, coupled with dwindling confidence from international partners who are divesting from the USD, the currency faces significant headwinds. The inevitable repatriation of these dollars to the...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some days ago price declined to support 2, which coincided with the support zone, but then it rebounded and started to move up and in a short time reached support 1. After this movement, BTC rebounded and soon fell to support 2 back and even later broke this...
Puts or Sell short at $37.90. Buy to Cover $37.78 or lower.
Take a look at our analysis for GBPNZD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.080. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.061 level soon. P.S We determine oversold/overbought condition...
Here is our detailed technical review for USDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.863. The above observations make me that the market will inevitably achieve 0.856 level. P.S The term oversold refers to a condition where an asset...
If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
Personally, I think a lot of banks are going to get hit really hard. WFC is on an edge and it doesn't look good. Here's the chart price targets and trends are marked. If this thing pumps to some of these rejection zones, I'd look to enter short. Who knows, we might already have hit top. The drop from current price to the targets low is around 40% and 60%...
Confirm it before jump in. This can be a Fakeout. Therefore confirm it is a real breakout before you enter. GL
Hello,Traders! EUR-GBP made a rebound From the support of 0.8500 Just as I predicted and went Up nicely but will soon hit A horizontal resistance level From where I think we Will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! Previous week’s green candle means that for us the AUD/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 97.024. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! NZD/JPY is trending down which is clear 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 beautiful trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello,Friends! We are going short on the AUD/CHF with the target of 0.570 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! CHF/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H 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 169.492...
Hello,Friends! USOIL pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 74.43 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Here is our detailed technical review for GOLD. Time Frame: 45m Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1996.586. Considering the today's price action, probabilities will be high to see a movement to 1989.900. P.S The term oversold refers to a condition where an...