The moment alot of the bears have been waiting for. I think we will finally get a healthy pull back in the indexes. Watch the video for all the reasons why you should be in bear mode for a little while.
Hi Traders ! The Gold Price Failed To Create a New Higher High ! Currently, The Support Line is Broken ! So, Let's Expect The Bearish Scenario: If The Price Breaks and Closes Below The Support Level (2318.740 - 2333.375), We Will See a Bearish Move 📉 TARGET: 2260.000🎯
Gold is ready to drop lower and test the 2300 level, I expect price to rise alittle hihger to the order block on 2340, this will give me a sell entry, stops are above the 2347 level. Use proper risk management.
Hello,Friends! We are going short on the AUD/CHF with the target of 0.588 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! CAD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D 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...
Hello,Friends! USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 80.46 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 USOIL pair. ✅LIKE AND COMMENT MY IDEAS✅
Since November 2023, the S&P 500 has been on a steady climb, spanning six months without a significant pullback to the moving average (MA). Typically, such pullbacks are necessary for price stabilization. However, recently, we've observed a pullback accompanied by considerable volume. This suggests that a substantial portion of market participants anticipates a...
As previously mentioned, the overall market sentiment is currently bearish, indicating a higher likelihood of downward movement in stocks. Considering this backdrop, it's notable that this particular business has reported decreasing earnings in line with its recent quarterly reports. From a technical standpoint, the price has experienced a pullback following a...
Given the recent decrease in earnings and the substantial holdings of shares by major institutions, it appears prudent for investors to consider taking profits and bolstering capital. This is particularly pertinent given the current bearish sentiment in the broader market, as evidenced by the downward trends in indices such as the S&P 500 and DJIA. Against this...
Last weeks high: $67244.99 Last weeks low: $62406.59 Midpoint: $64825.79 As Bitcoin continues it's multi-week sideways chop , there really isn't a great deal to talk about in terms of price action other than it's extremely boring and potentially dangerous. I say dangerous because it's this kind of chop that separates the impatient and the patient. Trading...
Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates. Welcome to your BTC/USDT Quick Update! The chart on a lower timeframe shows a breakout from the symmetrical triangle, indicating a potential bearish trend. However, strong support sits at the $59,000-$60,000 level. We might see a bounce from there. If we...
Hello,Friends! GBP/NZD 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 classical trend following opportunity for a short trade from the resistance line above towards the demand level...
Hello,Friends! GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.131 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! The BB upper band is nearby so NZD-CHF 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 0.538. ✅LIKE AND COMMENT MY IDEAS✅
#Kaspa Big Rise and Possible Drop: A Look at KAS/USDT - Current Price: $0.1177 - Previous Analysis Outcome: 90% profit - Chart Insight: Since September 2022, Kaspa has demonstrated a significant rally, starting from $0.0013 and peaking at $0.189744 by February 2024, marking an impressive 142x increase over 16 months. - Current Observations: Bearish Signals: The...
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38470 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38470 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.15100 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.15100 support and resistance zone. Trade safe, Joe.
RR 1:2 Bearish flag for ChoCH confirmation Weekly candle already show to change position from bull to bear ++1.000 PIPS