EURGBP Will Go Up From Support! Buy!
Here is our detailed technical review for EURGBP.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.827.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.830 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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LONG
BTC USD UpdateAs a trader, it's really hard to keep up with this mega asset. We saw extreme buying orders coming in last night. We had swing trade runners targeting 100K for a few months now, but all of them got stopped out overnight while I was asleep. I'm now out of my trades, and the price is still climbing. Overall, it's been crazy profitable, but we need to acknowledge that it will eventually outperform us all. So, I'm thinking of calling it a year with this extra nice ending. But trading is a tricky game, and I'll still be looking at the charts every day. So, what's the point of quitting? Let's see how it performs and if it gives us good entry points.
FTM LongFantom Confirmation Low at support with bullish divergence, backtest of the 200 ma and in a longer term uptrend. Good RR for the first target and following ones. SL can be placed below support if you wanted it looser
USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 149.300 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 149.300 support.
Trade safe, Joe.
EURNZD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for EURNZD below:
The price is coiling around a solid key level - 1.7840
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.7895
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
EURCHF Sellers In Panic! BUY!
My dear followers,
This is my opinion on the EURCHF next move:
The asset is approaching an important pivot point 0.9297
Bias - Bullish
Technical Indicators: Supper Trend generates a clea rlong signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.9316
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
3 Small Cap Crypto to watch... Part 2Since you enjoyed my previous post about 3 Small Cap Crypto to watch...
Here's another interesting one about small market cap altcoins:
BINANCE:RAREUSDT
RARE broke the structure and $0.15 round number. As it retests the structure, I will be looking for trend-following longs and target the $0.25 round number.
BYBIT:AEVOUSDT
AEVO broke the structure and $0.5 round number. As it retests the structure, I will be looking for trend-following longs and target the $0.18 mark.
KUCOIN:TIAUSDT
TIA broke the structure and $7 round number. As it retests the structure, I will be looking for trend-following longs and target the $15 round number.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
US30 Will Go Higher! Long!
Take a look at our analysis for US30.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 44,904.9.
The above observations make me that the market will inevitably achieve 45,324.9 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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NZDUSD Will Move Higher! Buy!
Here is our detailed technical review for NZDUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.584.
Considering the today's price action, probabilities will be high to see a movement to 0.603.
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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CAD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
Previous week’s red candle means that for us the CAD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 108.947.
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AUD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 99.286 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 AUD/JPY pair.
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NZD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 90.005 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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HBAR - Riding The Beast!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After breaking above the $0.1 mark, HBAR surged by almost 400%.
Currently, HBAR is in a minor correction phase.
Moreover, the green zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and blue trendline acting as non-horizontal support.
📚 As per my trading style:
As #HBAR approaches the blue circle, I will be looking for bullish reversal setups (like 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 On The Rise! BUY!
My dear followers,
I analysed this chart on USOIL and concluded the following:
The market is trading on 68.11 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 69.36
Safe Stop Loss - 67.32
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
EURGBP Technical Analysis! BUY!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8286 pivot level.
Bias - Bullish
My Stop Loss - 0.8267
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8319
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
AUDJPY The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for AUDJPY below:
The price is coiling around a solid key level - 96.617
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 97.989
Safe Stop Loss - 95.840
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
USDJPY: Bullish Continuation & Long Signal
USDJPY
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long USDJPY
Entry Point - 148.68
Stop Loss - 147.55
Take Profit - 150.87
Our Risk - 1%
Start protection of your profits from lower levels
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