GBPJPY Will Go Up From Support! Long!
Please, check our technical outlook for GBPJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 194.719.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 196.745 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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LONG
NZDCAD: Bullish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCAD chart which, if analyzed properly, clearly points in the upward direction.
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GOLD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GOLD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 2,698.246 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 GOLD pair.
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BTC - Let's Do It Again!Hello TradingView Family / Fellow Traders, this is Richard, also known as theSignalyst.
📈 As per my last BTC analysis (attached to the chart), BTC rejected the blue circle zone and made a new ATH.
If you missed it, we might have another opportunity to catch it again.
The new blue circle marks the intersection of a key structure, the lower blue trendline, and the $100,000 round number.
📚 According to my trading style:
As #BTC approaches the new blue circle, I will be looking for bullish reversal setups (such as a double bottom pattern, trendline break, and so on).
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~ Rich
USOIL is Nearing A Decent SupportHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 69.20 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 69.20 support and resistance area.
Trade safe, Joe.
Gold Is Nearing The Daily Support That Intersects With The TrendHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2620 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2620 support and resistance area.
Trade safe, Joe.
USDCAD: Consolidation Phase Towards The TrendHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.42800 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.42800 support and resistance area.
Trade safe, Joe.
USDJPY Is Nearing The 153.400 Support Along With The TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 153.400 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 153.400 support and resistance area.
Trade safe, Joe.
SILVER Will Explode! BUY!
My dear subscribers,
SILVER looks like it will make a good move, and here are the details:
The market is trading on 30.206 pivot level.
Bias - Bullish
My Stop Loss - 28.814
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 30.873
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NZDCHF The Target Is UP! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5121 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5146
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDCAD Sellers In Panic! BUY!
My dear friends,
NZDCAD looks like it will make a good move, and here are the details:
The market is trading on 0.8205 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.8215
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
TESLA 300 By DECEMBER Happy 4 of july !!!!!If tesla Pulls Back Hard , good Buy Area will be 205 - 215
Be Patience , Buy and Hold until December . Until 300 . i Would Sell at this point but do your own Research and take action !!
STAY PROFITABLE !!
Next year will be a lot of competition for Tesla because the Aston Martin / Lucid Deal
and NIO already taking the Chinesse market .
Have a Great 4 of July God Bless america and enjoy the Holidays !!!
Stay humble Be a better person.
CAFE CITY STUDIO COMING SOON 2024 !!
Gold can rebound from support line of wedge to seller zoneHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price rebounded from resistance level and started to decline to the support level, which coincided with the buyer zone. Then the price broke the 2625 level and dropped to 2536 points, and then started to grow inside the wedge. In a wedge, the price soon reached the 2625 support level and broke it again. Then the price made a retest and continued to grow to the resistance line of the wedge, and then turned around and dropped to the support level, breaking the 2690 resistance level. After this, Gold started to trades inside the range, where it some time traded near the support level and later made a strong impulse up to the resistance line of the wedge, exiting from the range and breaking the resistance level, which coincided with the seller zone. But a not long time ago, the price turned around and dropped to the support line of the wedge, breaking the resistance level one more time. In my mind, Gold can fall to the support line of the wedge and then rebound up to the seller zone. For this case, I set my TP at 2700 points. Please share this idea with your friends and click Boost 🚀