US100 Will Go Up From Support! Buy!
Here is our detailed technical review for US100.
Time Frame: 5h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 20,844.8.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 21,155.0 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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Buy
ETHUSD Will Go Higher! Long!
Take a look at our analysis for ETHUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 3,584.8.
The above observations make me that the market will inevitably achieve 3,836,4 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURUSD Will Go Up! Buy!
Please, check our technical outlook for EURUSD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.057.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.069 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EUR/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 9H 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 161.123 area.
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USD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are targeting the 0.884 level area with our long trade on USD/CHF 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.
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USDJPY Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 150.200 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 150.200 support and resistance area.
Trade safe, Joe.
Gold Potential UpsidesHey Traders, in 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.
$BTC possible flip upward to new ATH? 1 hourSo I’m not an amazing trader and I don’t make your trades this isn’t advice as I am my own finacial adviser and that is how anyone trading should be so you can’t use this as a future prediction as I do not predict the future. Not finacial advice.
Please add any useful comments so we can grow and make money trading on the crypto markets!
EURUSD Will Go Up! Long!
Take a look at our analysis for EURUSD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.048.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.053 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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INMODE - $INMD THE NEW H5 SETUP! 35% Move Inbound🚀 INMODE - NASDAQ:INMD THE NEW H5 SETUP 🚀
This is a amazing company I used to be invested in before they tanked hard due to the war. Now that it is coming to an end and investors are coming back to Israel's beaten down companies in groves they are set for large moves! We are already in NASDAQ:MBLY now we are jumping in full force into NASDAQ:INMD ( Under 2B market cap and against my rules but I've invested in this company in the past and understand the business at a high level so I'm okay with it as a trade and investment! Buying for both!!!)
Company Details:
InMode Ltd. designs, develops, manufactures and markets minimally-invasive aesthetic medical products. It also designs, develops, manufactures and markets non-invasive medical aesthetic products that target a array of procedures including permanent hair reduction, facial skin rejuvenation, wrinkle reduction, cellulite treatment, skin appearance and texture and superficial benign vascular and pigmented lesions. The company was founded by Moshe Mizrahy and Michael Kreindel on January 2, 2008 and is headquartered in Yokneam, Israel.
H5 Trade Setup:
- H5 Indicator is GREEN
- Broke out of a Falling Wedge pattern and already retested.
- Launching off our volume shelf to the next launch pad.
- Above 25 and now 50 Moving Averages (BULLISH)
- Wr% Consolidation Box formed and thriving.
- MACD about to cross zero line
🎯$21
📏$26
⏳27MAY2025
Intrinsic (Fair Value) base on fundamentals: $28
NFA
Symbotic has broken out and is about to SQUEEZE! 145% UpsideSymbotic NASDAQ:SYM has broken out and is about to SQUEEZE! 145% Upside
- Green on the High Five Setup Indicator
- Bull Flag Breakout held this week
- Sitting on a large volume shelf with a free range above the ATH area.
- 17%+ Short Float
- Wr% has created support in the consolidation box.
Look Left Target: $64
Measure Move (MM): $95
NFA
BITCOIN BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
BITCOIN pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going down. 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 100,888 area.
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USD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 154.089 level area with our long trade on USD/JPY 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.
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CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
CAD/JPY is making a bearish pullback on the 6H 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 109.933 level.
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AUD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
It makes sense for us to go long on AUD/JPY right now from the support line below with the target of 99.928 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.
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EUR/AUD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.620 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/AUD pair.
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SILVER BULLS ARE STRONG HERE|LONG
Hello, Friends!
Bullish trend on SILVER, 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 31.455.
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NZD/JPY LONG FROM SUPPORT
Hello, Friends!
NZD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 91.830 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 NZD/JPY pair.
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