USOIL Will Go Higher! Long!
Take a look at our analysis for USOIL.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 67.55.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 71.74 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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LONG
EURAUD Will Go Up! Buy!
Please, check our technical outlook for EURAUD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.618.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.635 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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GBP/CHF LONG FROM SUPPORT
Hello, Friends!
GBP/CHF is making a bearish pullback on the 1H 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 1.133 level.
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BTC USD IdeaOn the BTCUSD pair, we have the last bearish range POC to fight off. If the market maker pushes the price through 70k, we are very bullish. We are currently in premium prices. I do not add into positions after weeks of rallying from discount to premium. So, we just let it run with our last 1% of the runner. I moved the stop under 62652.99 and let it do its thing. If it drops, I'm out of the trade with 6% total after booking 3x2%. I love runners. Simply out of 100 trades, 10 runners of weekly or daily structure bring in 100% profit over a year period. So, never close all trades and get scared if you get in on a discount price
AUDUSD: Bullish Stocks And Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66200 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66200 support and resistance area.
Trade safe, Joe.
BTC USD Update65593.56 is the target, TP 3 for me has been reached, 3x2% paid out, and another runner going with a stop on the new HL. So, I do not add, I just pay and leave runners. If I get them, the next I plan to add is when we get a good retracement. But gold and bitcoin and other mega assets are booming against dollar inflation. So, no brainer to hold trades. I'll keep you posted.
GBPAUD Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9416
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9517
Recommended Stop Loss - 1.9364
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURAUD: Long Signal with Entry/SL/TP
EURAUD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURAUD
Entry Point - 1.6216
Stop Loss - 1.6148
Take Profit - 1.6355
Our Risk - 1%
Start protection of your profits from lower levels
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BITCOIN Is Very Bullish! Buy!
Please, check our technical outlook for BITCOIN.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 63,659.
Taking into consideration the structure & trend analysis, I believe that the market will reach 72,229 level soon.
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!
USOIL SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
Bullish trend on USOIL, 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 71.55.
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EUR/AUD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/AUD 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 1.659 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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USD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Bullish trend on USD/CHF, 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 0.846.
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USDCAD On The Rise! BUY!
My dear followers,
I analysed this chart on USDCAD and concluded the following:
The market is trading on 1.3462 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.3536
Safe Stop Loss - 1.3420
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
HelenP. I Gold can fall below trend line and then rebound upHi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some time ago dropped below support 2, which coincided with the support zone, breaking it. Then price some time traded near this level and later even rebounded higher, but soon dropped back to the trend line. Then Gold started to grow near this line and soon broke support 2 one more time. Lare price reached support 1, which coincided with one more support zone, and some time traded near this level until it broke the trend line and fell a little below. After this movement, Gold turned around and made a strong impulse up to the trend line, breaking support 1, and then it made little correction movement. Then the price continued to move up and a not long time ago reached the trend line again and broke it. Just now, the price trades near this line and I expect that XAUUSD will decline below the trend line, making a correction movement, and then it rebound up. That's why I set my goal at 2710 points. If you like my analytics you may support me with your like/comment ❤️
Bitcoin can make small correction and then start to move upHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago declined to the support level, which coincided with the buyer zone and even soon broke this level. After this, price declined a little more and then moved up inside the upward channel. In a short time, BTC broke the 56200 level again and then made a retest. After this movement, BTC rose a little more and even almost reached the resistance line of the channel, after which it turned around and declined to support line of the channel. Some time later Bitcoin rebounded from this line to the resistance line, which coincided with the resistance level with the seller zone, and tired to break it, but failed. Later, the price some time traded near this level, and a not long time ago made a fake breakout of the 63700 resistance level. Now BTC trades very close to this level, therefore I think that the price can correct almost to the support line and then start to grow to the resistance line of the upward channel, thereby breaking the resistance level. For this case, I set my TP at 67250 points, which coincides with the resistance line. Please share this idea with your friends and click Boost 🚀
EURCAD Will Go Up! Long!
Take a look at our analysis for EURCAD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.502.
The above observations make me that the market will inevitably achieve 1.506 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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EUR/CAD BULLS ARE STRONG HERE|LONG
Hello, Friends!
EUR/CAD is making a bearish pullback on the 10H 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 1.516 level.
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