Sonic(based on NEo wave)Soon Sonic will start heavy bullish waves to the targets which shown with blue lines.
95% it is a diamnod diametric and we cant consider this as descending triangle because there is no overlap between wave d and a.
Forecast
EURUSD: Bullish Continuation is Expected! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURUSD pair which is likely to be pushed up by the bulls so we will buy!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
SILVER Will Grow! Buy!
Please, check our technical outlook for SILVER.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 3,817.6.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 3,930.1 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURNZD Will Go Down From Resistance! Short!
Here is our detailed technical review for EURNZD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.941.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.927 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
AUDJPY Will Go Lower! Sell!
Take a look at our analysis for AUDJPY.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 96.734.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 96.102 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBPCAD Will Go Down! Short!
Please, check our technical outlook for GBPCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.833.
The above observations make me that the market will inevitably achieve 1.813 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD Is Bearish! Short!
Take a look at our analysis for EURUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.166.
Considering the today's price action, probabilities will be high to see a movement to 1.159.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USOIL BEST PLACE TO SELL FROM|SHORT
USOIL SIGNAL
Trade Direction: short
Entry Level: 66.83
Target Level: 65.56
Stop Loss: 67.67
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 6h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF BEARS ARE STRONG HERE|SHORT
AUD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.524
Target Level: 0.521
Stop Loss: 0.526
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CHF SHORT FROM RESISTANCE
Hello, Friends!
NZD/CHF pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H 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 0.473 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
CAD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 0.584 level area with our short trade on CAD/CHF which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
USOIL LONG FROM SUPPORT
USOIL SIGNAL
Trade Direction: long
Entry Level: 65.00
Target Level: 66.37
Stop Loss: 64.09
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
US30 Forecast: Target Locked, Buy Zones in Sight!Good morning friends ☀️
I've prepared a fresh analysis for US30 (Dow Jones).
My current target is 45,470. Even if the price dips to 45,050 or 44,800, I fully expect it to reach that 45,470 mark.
These levels represent strong buying zones and powerful retest regions—don’t forget that.
Every like from you is my biggest source of motivation to keep posting these insights. 💬📊
Big thanks to everyone supporting with a thumbs-up.
CADCHF: Market of Sellers
The recent price action on the CADCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GBPJPY Is Very Bearish! Sell!
Please, check our technical outlook for GBPJPY.
Time Frame: 45m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 198.994.
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 the way down to 198.786 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBPAUD Is Going Up! Long!
Here is our detailed technical review for GBPAUD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2.055.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2.070 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
USDJPY: Market of Sellers
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current USDJPY chart which, if analyzed properly, clearly points in the downward direction.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GBPUSD Will Go Lower! Short!
Take a look at our analysis for GBPUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.358.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.353 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
BITCOIN BULLS ARE GAINING STRENGTH|LONG
BITCOIN SIGNAL
Trade Direction: long
Entry Level: 115,128.39
Target Level: 117,488.69
Stop Loss: 113,553.01
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,336.48
Target Level: 3,254.95
Stop Loss: 3,390.83
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CAD BULLS ARE GAINING STRENGTH|LONG
NZD/CAD SIGNAL
Trade Direction: long
Entry Level: 0.820
Target Level: 0.824
Stop Loss: 0.817
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the AUD/CAD 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 0.885 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GoldXau usd daily analysis
Time frame 4 hours
Gold is moving up and down in the yellow triangle, you can see on the chart
I think Gold move up to 3450 $ and if we have no positive news, it will drop to the down side. This analysis has good benefit and Risk rewards ratio is 3
On the other hand if Gold break the 3320 $ my analysis is faild and must listen to the economic news
