WW have a great set up where price could possible go AUDCAD price ended the recent bullish rally by facing the major resistance at 0.9125, to form solid obstacle against recording any new positive target and notice the beginning of activating the correctional bearish track and settling near 0.9060. Now, stochastic decline towards 50 level will increase the...
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some time ago declined to 2157 points, but at once turned around and started to grow inside the upward pennant, where it soon reached the 2280 support level, which coincided with the support area. Soon, Gold broke this level and continued to grow to the...
Please, check our technical outlook for USDCAD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.367. The above observations make me that the market will inevitably achieve 1.362 level. P.S Please, note that an oversold/overbought condition can...
ETH pulling back after the big rally in 3 waves into resistance. Trying to catch wave 4 in the smaller degree Open @ 3672 T1 @ 3744 T2 @ 3942 SL @ 3567 Risk 1% NFA
US Unemployment Claims Headline at 12:30 pm GMT. Downtrend line observed in EURUSD's 30-minute chart. Suggests potential uptick in exchange rate if downtrend line is breached upwards. Suggests potential decline in exchange rate if downtrend line is broken downwards. Implement risk management...
SNOW has formed inverted Head and Shoulder with strong bullish divergence. As the buyers are getting bids with this confluence. If the sell pressure resumes and buyers gets active the optimum target will be 187.
Hello traders i hope you are doing well Rune is looking good over here i am targeting TP1 and fvg as its pending and market took downside liquidity and rest upside liquidity is not taken yet so its quite possible we go up from here sl can be below previous low Follow me for more trade setups
🔥The market developed as expected. Although we did not participate in it, we have already made enough profits. This is how futures trading is. We must learn to miss opportunities. There are many opportunities in the market, and we cannot seize them all. As long as we seize them One or two chances to stay is enough. ➡️From a structural point of view, the weekly...
*). Pullback to Fair Value Gap (FVG): The price is currently pulling back towards a Fair Value Gap (FVG). An FVG represents an area of imbalance in the market where the price is likely to react. Look for confirmation signals such as bearish candlestick patterns, volume increase, or oscillator divergence within this FVG to reinforce the bearish bias. *). Given the...
#WAVES is facing heavy resistance, which is Falling wedge resistance, daily MA50, MA200. We expect a small dump. We recommend you buy this coin on its support levels which are: $2.2248 $2.0311 In case of a breakout, the targets are: $2.9395 $3.2202 $3.5008 $3.9003 $4.4092 $4.7569
I am very bullish based on the chart and the news that will come about algos during the European Championship
Is CADCHF exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.6630 What you guys think of it?
Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 79.46. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 77.06 level. P.S Please,...
Take a look at our analysis for GBPNZD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2.078. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.102 level. P.S The term oversold refers to...
Please, check our technical outlook for GOLD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2,414.246. 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...