Hello,Friends! We are going short on the EUR/JPY with the target of 156.575 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! EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H 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! We are going short on the GOLD with the target of 2031.863 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! We are now examining the SILVER pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 22.572 level. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for EURAUD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.649. 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 all...
Please, check our technical outlook for SILVER. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 22.951. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 20.512 level. P.S We...
Um.. It's going down some.. Entry: ~$23.30 TP: $18.50 Ok, Pumpkin..
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LULU - Looks like it may be rolling over with potential support just below the current level. Insider selling by the chief brand officer also caught our attention.
TNET - Showcasing an upward channel, TINA is on my radar. With smart money divergence indicators signaling at the top, we're also eyeing a potential head and shoulders pattern. Watch out for the 50-day moving average as a support level.
✅AUD_USD broke the rising Support line and the breakout Is confirmed so I think that The pair will go further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-USD retested the Broken rising support line And is now making a pullback So I think that it will go Even further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Tron has reached and reacted to the extreme orderblock of the minor structure in the daily time frame. We expect it to start downtrend and fall from this point. The only way to faild this analysis is a candle closes above the extreme order block, which is also very unlikely. This is my personal analysis and its not a financial advice.
So holding my position riding price down. Stops moved and looking for signs that it will continues just where its at. A lot of news coming up so it will for sure be a eventful week.
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support line of the pennant and made a strong upward impulse to the resistance level, which coincided with the seller zone, thereby breaking the 1.0930 level. After this, the price made little correction and then continued to move up to the...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price bounced from support level, which coincided with support area, and declined to support line of pennant. After this, XAU bounced from this line and made strong upward impulse to resistance level, which coincided with resistance area. Price...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart, we can see how the price a not long time ago rebounded from the 42500 support level and made a strong impulse up to the 45900 resistance level, which coincided with the resistance zone. But soon, BTC rebounded and in a short time declined until to trend line, breaking the support...
Hello,Friends! Previous week’s green candle means that for us the USD/CHF 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 0.851. ✅LIKE AND COMMENT MY IDEAS✅