Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.276 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
Hello,Friends! SILVER pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 31.799...
Hello,Friends! It makes sense for us to go short on USOIL right now from the resistance line above with the target of 73.84 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! SPY is trending down which is evident 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! GBP/NZD is making a bearish pullback on the 1D TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 2.085 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are now examining the AUD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 103.563 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/CAD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.746 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are going long on the EUR/USD with the target of 1.085 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Bullish trend on NZD/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 96.668. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! CHF-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 172.716 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 CHF/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.621 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! We are going short on the GBP/AUD with the target of 1.903 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! GOLD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 3H 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 2338.176...
Hello,Friends! It makes sense for us to go long on GBP/CHF right now from the support line below with the target of 1.142 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 30.913 level area with our long trade on SILVER which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s green candle means that for us the GBP/USD 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 1.260. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.979 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Bearish trend on BITCOIN, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 66260. ✅LIKE AND COMMENT MY IDEAS✅