S&P500 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5320 zone, US500 was trading in a downtrend and currently is in a correction phase in which it is approaching the retrace area at 5320 support and resistance area.
Trade safe, Joe.
LONG
BTCUSD Will Explode! BUY!
My dear followers,
This is my opinion on the BTCUSD next move:
The asset is approaching an important pivot point 54659
Bias - Bullish
Safe Stop Loss - 53293
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 56827
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
USOIL: Long Trade with Entry/SL/TP
USOIL
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long USOIL
Entry Point - 68.08
Stop Loss - 66.47
Take Profit - 71.28
Our Risk - 1%
Start protection of your profits from lower levels
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QQQ The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for QQQ below:
The price is coiling around a solid key level - 448.69
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 463.68
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
SILVER Sellers In Panic! BUY!
My dear friends,
My technical analysis for SILVER is below:
The market is trading on 27.937 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 28.271
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
BITCOIN BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
BITCOIN 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 59,735 level.
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EUR/JPY BULLS ARE STRONG HERE|LONG
Hello, Friends!
Previous week’s red candle means that for us the EUR/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 160.064.
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USDCAD Is Approaching An Important SupportHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.34800 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.34800 support and resistance area.
Trade safe, Joe.
CAD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
We are going long on the CAD/JPY with the target of 108.361 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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BTCUSD - Different but same energy ?Comparing those 2 patterns
I knew that this looked familiar, didn want to post it first because its not that obvious, but when you look at the date...well the left one was BTCUSD exactly one year ago ! This said, the whole figure makes so much sense.
ALSO, didn put the picture but this pattern was there 2 years ago (from november to january 2022) and resulted on a rally as well
So what the different parts of this pattern :
- first, red candles that bring us to new lows, RSI under 15
- 2 consolidations periods with almost the same duration (grey rectangle)
- 1 failed attempt to break the resistance in the middle of those consolidations period (green circle)
- Spring, bear trap (red circle) that mark the end of the consolidation and bring us a nice rally
In conclusion, what remains to determine it's if we already hit that spring or not.
0.618 fib extension at around 55 500 could fit perfectly but following this idea we still have one week before the rally
So still following that idea, 2 possibilities :
- We stay around or upper that 55 500 mark and we go up very soon
- a little squeeze to 51k before next week and we go up after
This idea will be invalidated if we go below 49K
EURCHF Will Move Higher! Buy!
Please, check our technical outlook for EURCHF.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.936.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.941 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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CHFJPY Is Bullish! Long!
Here is our detailed technical review for CHFJPY.
Time Frame: 5h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 169.713.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 170.855 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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HelenP. I Euro can fall almost to trend line and then rebound upHi folks today I'm prepared for you Euro analytics. A few moments ago price reached support 2, which coincided with the support zone, making a gap as well. Next, the price broke this level and rose a little more, making a second gap, but soon turned around and dropped to support 2, which coincided with the trend line. Then price rebounded from the trend line and rose to support 1, which coincided with one more support zone and later broke this level too. After this movement, it rose to 1.1200 points, and then turned around and fell to the support zone. Then Euro some time traded in this area, until it reached the trend line. after which the price rebounded and started to grow. At the moment, I expect that EURUSD will make a correction movement to almost the trend line, after which turn around and continue to move up. Therefore I set my goal at 1.1230 points. If you like my analytics you may support me with your like/comment ❤️
EURUSD What Next? BUY
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.1048
Bias -Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.1105
Safe Stop Loss - 1.1014
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 Massive Long! BUY!
My dear friends,
Please, find my technical outlook for USDJPY below:
The instrument tests an important psychological level 143.08
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 - 144.78
Recommended Stop Loss - 142.08
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
AUDJPY Technical Analysis! BUY
My dear subscribers,
My technical analysis for AUDJPY is below:
The price is coiling around a solid key level - 96.329
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 97.259
My Stop Loss - 95.883
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK