NZDUSD Massive Short! SELL!
My dear followers,
I analysed this chart on NZDUSD and concluded the following:
The market is trading on 0.5637 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5606
Safe Stop Loss - 0.5653
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
Forex
CADJPY: Long Signal with Entry/SL/TP
CADJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long CADJPY
Entry Point - 107.69
Stop Loss - 107.17
Take Profit - 108.75
Our Risk - 1%
Start protection of your profits from lower levels
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#XAUUSD 1DAYXAUUSD (1D Timeframe) Analysis
Market Structure:
The price is testing a trendline resistance, which has consistently acted as a strong barrier to upward movements. Additionally, a sell engulfing candlestick pattern has formed in this area, indicating increased selling pressure and a potential reversal to the downside.
Forecast:
A sell opportunity is expected as the confluence of trendline resistance and the sell engulfing pattern signals a bearish shift in market sentiment.
Key Levels to Watch:
- Entry Zone: Near the trendline resistance or after confirmation of sustained bearish momentum.
- Risk Management:
- Stop Loss: Placed above the trendline resistance or the high of the engulfing candlestick to manage risk.
- Take Profit: Target the next key support levels or significant price zones below for potential downside movement.
Market Sentiment:
The combination of the trendline resistance and the sell engulfing pattern reflects a bearish outlook, with sellers likely to dominate if the resistance holds. Confirmation of continued selling pressure is recommended before entering the trade.
GOLD Technical Analysis! SELL!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2727.0 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2716.0
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
EURUSD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0266
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0281
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
BTCUSD Set To Fall! SELL!
My dear friends,
My technical analysis for BTCUSD is below:
The market is trading on 10463 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 10112
Recommended Stop Loss - 10678
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURNZD: Weak Market & Bearish Forecast
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 EURNZD pair which is likely to be pushed down by the bears so we will sell!
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USDJPY - SHORTUSDJPY is moving in a downtrend.
The price is making a series of Lower Lows and Lower Highs
After putting in a new LL the price took a pullback to create a LH and tapped into the reversal zone marked as a green box .
Entry, SL, and TP mentioned on charts.
Manage risk accordingly
OANDA:USDJPY
EURAUD The 1D MA50 is the sell signalThe EURAUD pair had been trading within a Channel Down pattern since the August 17 2023 High. At the moment it has made a direct Lower High (December 27 2024) at the top of the pattern but the rejection is contained above the 1D MA50 (blue trend-line).
That is the sell confirmation level as whenever this broke after a Lower High, we had a bearish signal. As a result, wait for a bearish break-out and then sell, targeting the 1W MA300 (red trend-line) at 1.61000.
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EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
This currency pair, after its recent decline, managed to break its downward trendline and move higher. It is now expected that the price will pull back to the broken trendline before resuming its upward movement, potentially reaching the specified resistance levels.
Don’t forget to like and share your thoughts in the comments! ❤️
NAS100 Will Go Higher! Buy!
Please, check our technical outlook for NAS100.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 21,543.12.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 22,044.19 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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USDCHF: Bearish Reversal Confirmed?! 🇺🇸🇨🇭
One of the setups that we discussed on a today live stream was on USDCHF.
The price violated both a neckline of an inverted cup & handle pattern
and a support line of a rising parallel channel on a daily.
The broken horizontal support and a trend line compose
the expanding supply zone now.
With a high probability, the price will drop from that at least to 0.9047 level.
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SILVER Will Go Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 30.469.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.385 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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EURUSD Will Move Lower! Sell!
Take a look at our analysis for EURUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.035.
The above observations make me that the market will inevitably achieve 1.017 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.
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GBPJPY Is Bearish! Short!
Please, check our technical outlook for GBPJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 191.076.
Taking into consideration the structure & trend analysis, I believe that the market will reach 189.587 level soon.
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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GBPJPY Is Very Bullish! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 190.065.
Considering the today's price action, probabilities will be high to see a movement to 191.727.
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.
Like and subscribe and comment my ideas if you enjoy them!