Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D 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 2.078...
The EUR/NZD pair remains ensconced within a bullish trajectory, exhibiting resilience even amidst the ebb and flow of market dynamics. As traders observe the pair's current consolidation phase, characterized by a potential pullback to the 38.2% Fibonacci level, anticipation builds around pivotal events that could catalyze its next bullish impulse. The EUR/NZD...
At BINANCE:RUNEUSDT , we are initially examining the monthly chart because we believe it reveals something very significant and promising. We are potentially in a major Wave 3, which could realistically target at least $34.70. This is a considerably high target, yet feasible for Rune given its performance relative to other cryptocurrencies—it hasn't risen as...
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 10H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 27.403 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
If the price of Bitcoin stabilizes at 61630.1, then the market is expected to fall to the range of 592220. But this depends on BTC.D and USD.D, which are currently at critical points. Also, for the rest of the coins, when the BTC trend line breaks, we will expect the price to drop. BINANCE:BTCUSD.P
Hello,Friends! We are targeting the 1.465 level area with our short trade on EUR/CAD 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✅
#EURUSD Good day, we continue to be in a long context despite the corrective movement formed in the latter half of yesterday. I would also like to note the beginning of the order flow in the long direction, which gives us additional reason to adhere to the long context for the day. The intraday target will be the previous day's high (PDH), as well as the liquidity above.
All currencies appearing in this post are fictitious. Any resemblance to real currencies, existing or dead, is purely coincidental.
Hello,Friends! CAD/JPY 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! GBP/AUD 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 1.926 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: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 2381.676. Considering the today's price action, probabilities will be high to see a movement to 2431.527. P.S Please, note that an oversold/overbought condition can last for...
Buckle Up for a Potential Massive Rally! GALA is gearing up for what could be an exhilarating rally ahead! After reclaiming the lost support, the stage is set for a significant move to the upside. All it requires now is a bit of patience to reap potentially massive profits with your spot bag! We've identified not just one, but two promising targets on the...
TON is in PLAY - trade VAL Sl hunt and 2nd Dev fake out During such period Coin pumps until the trend breaks i think it can hit even $10 but for us, it is important to know where to take a trade For long - best to take After VAL sl hunt For short Wait for VWAP 2nd deviation and big volume spike
Gold is also moving in the same direction as we expected on Monday. Although it adjusted downward, it quickly returned to the box range after the virtual break. At present, it seems that the support is gradually rising and is in a stable upward trend. According to Monday's strategy, there are still long orders around 2,365 on hand, and the Asian market hit a...
The price did not reach our entry point and moved towards our target. Now we can wait for it to reach our demand area and wait for the price reaction from there.
Hello,Friends! AUD/JPY 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 99.363 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
FX:EURUSD Processing: +3.6RR Risk: 1% Updated a large amount of liquidation on the purchase There is a structure breakdown at 1h, I expect further upside to the nearest FVG resistance zone at 1h. Waiting for working off
Please, check our technical outlook for SILVER. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 28.764. The above observations make me that the market will inevitably achieve 27.302 level. P.S Please, note that an oversold/overbought condition can...