$NSC with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:NSC after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 25%.
Bearish Patterns
$MCO with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:MCO after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Sectoral Scanner study 8 Nov for the upcoming 46th Week 11 NovSectoral Analysis vis-à-vis the Nifty 50
Observations of the sectors and example of individual sectoral analysis with stock screening.
and Bullish and Bearish picks amongst them.
Along with a couple of homework to be submitted before the next session.
ETH BEAR FLAGTrump pump trap underway.
Pretty obvious bear flag especially when daily RSI did not support the aggressive move upwards (news driven).
No pullbacks on recent move up suggest it will retrace the entire Trump pump and then break down the bear flag.
Bulltards will be in full disbelief.
USD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H 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 0.866 area.
✅LIKE AND COMMENT MY IDEAS✅
EUR/AUD BEARISH BIAS RIGHT NOW| SHORT
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 1.629 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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USDJPY Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring USDJPY for a buying opportunity around 151.300 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 151.300 support and resistance area.
Trade safe, Joe.
GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.30300 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.30300 support and resistance area.
Trade safe, Joe.
BITCOIN IS VERY BEARIS SHORTPlease check our technical outlook for BITCOIN.
The market is on a crucial zone of supply 74723.
The above mentioned technicals clearly indicate the domimnce of sellers on the market. I recommend shorting instrument aiming at 64959
BITCOIN Is Very Bearish! Short!
Please, check our technical outlook for BITCOIN.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 74,723.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 64,959 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GOLD about to crash? GOLD losing it's bullish sentiment. Lost it's Wedge, RSI had bearish divergence, All indicators flipping bearish, losing key EMA's.
If this happens, it would probably mean that people selling gold and getting in crypto/stocks as USA have elected Donald J. Trump as new president, all markets expecting pump, therefore Store of Value assets should be going down for about a year from now.
E: $2665
SL: $2705
TP: $2300 to $2000
USOIL SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are going short on the USOIL with the target of 66.06 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✅
AUD/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD/USD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.658 level.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
It makes sense for us to go short on NZD/USD right now from the resistance line above with the target of 0.595 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✅
CHF/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the CHF/JPY with the target of 175.208 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✅
EURUSD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.07800 zone, EURUSD 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 1.07800 support and resistance zone.
Trade safe, Joe.
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.798 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 GBP/CAD pair.
✅LIKE AND COMMENT MY IDEAS✅
Gold Top Defined. As the presidential election has almost concluded. We can expect gold to be bearish from here on out due DXY picking up strength.
Also on the technical side, we can observe Gold making a Head and Shoulder pattern with a 4HR RSI Divergence.
We can now short gold on the retracement of the move down or the candle closing below the dotted neckline.
Bİtcoin Bullish until US ElectionI am waiting, Bitcoin will rise to 70200 USD until US election. After reaching 70-71k, I expect a price correction up to 63000. After that, the Mega bull period may begin.
This is not investment advice.
Do your own research
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66450 zone, AUDUSD is trading in a down trend and currently is in a correction phase in which it is approaching the trend at 0.66450 support and resistance area.
Trade safe, Joe.
USDCAD - BROKEN CHANNEL !Hello Traders !
The USDCAD reached a strong resistance level.
The price formed an ascending channel.
At the moment, The support line is broken🔥
So, I expect a bearish move📉
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TARGET: 1.37550🎯
DOLLAR INDEX - Bearish Move Hello Traders !
The Dollar Index failed to create a new higher high !
Currently, The last higher low is broken (Change of character).
So, I expect a bearish move📉
_________________
TARGET: 103.510🎯
AUD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/CHF right now from the resistance line above with the target of 0.567 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✅
