USDCAD Is Approaching An Important SupportHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.33900 zone, USDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.33900 support and resistance area.
Trade safe, Joe.
LONG
Gold Is Approaching A Decent Support AreaHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2490 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2490 support and resistance area.
Trade safe, Joe.
USDCHF The Target Is UP! BUY!
My dear subscribers,
My technical analysis for USDCHF is below:
The price is coiling around a solid key level - 0.8435
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear Bullish , giving a perfect indicators' convergence.
Goal - 0.8548
My Stop Loss - 0.8379
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
EURCHF Sellers In Panic! BUY!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9387 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9450
Safe Stop Loss - 0.9351
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
EURNZD: Bullish Continuation & Long Signal
EURNZD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURNZD
Entry Level - 1.7822
Sl - 1.7694
Tp - 1.8046
Our Risk - 1%
Start protection of your profits from lower levels
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EURAUD: Bullish Continuation is Expected! Here is Why:
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURAUD.
❤️ Please, support our work with like & comment! ❤️
DXY Will Grow! Long!
Here is our detailed technical review for DXY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 101.111.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 101.409 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.
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USDJPY Will Go Up From Support! Buy!
Please, check our technical outlook for USDJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 144.875.
Taking into consideration the structure & trend analysis, I believe that the market will reach 151.201 level soon.
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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NZDCHF Will Go Higher! Long!
Here is our detailed technical review for NZDCHF.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.526.
Considering the today's price action, probabilities will be high to see a movement to 0.537.
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.
Like and subscribe and comment my ideas if you enjoy them!
EUR/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
EUR/USD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of 1.115.
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Good time to buy and HODL!Arweave (AR) is one of my recent coins which I choose to invest in. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4 and 5 very soon, that could be year(s). I will sell most of my capital on targets 2,3. Small portion will be sold on Target 1 and on Target 4 and 5.
Entry Zone: 9.07 – 11.07
Buy Zone 1: 6.06 – 7.36
Target 1: 26.03 – 28.75 (135%)
Target 2: 38.39 – 42.25 (247%)
Target 3: 56.98 – 60.36 (432%)
Target 4: 75.92 – 78.98 (609%)
Target 5: 93.40 – 99.77 (774%)
GU By HesamUNT ( New update ) Aug 2024hey traders
let's take a quick look at GU
the red zone around 1.32$ is our major resistance for the last 2 years ( 11 Mar 2022 - 23 Aug 2024 )
this area was our target for the bullish scenario based on this idea
and the same zone was the resistance area that we shorted in the previous trade
now we can expect a break out, in this case, 1.34 and 1.38$ will b the next targets
Wont b valid if we lose 1.27$ in weekly TF
what u think about GU ? share ur chart n leave a comment
S&P500 Consolidation Phase Towards The UptrendHey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5540 zone, SPX is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5540 support and resistance area.
Trade safe, Joe.
EURGBP Is Very Bullish! Buy!
Take a look at our analysis for EURGBP.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.844.
The above observations make me that the market will inevitably achieve 0.850 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.
Like and subscribe and comment my ideas if you enjoy them!
CAD/CHF BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are going long on the CAD/CHF with the target of 0.628 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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ETH - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been overall bullish, trading inside the flat rising channel in orange.
Moreover, ETH is approaching a massive round number $2500.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $2500 and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #ETH approaches the blue circle zone, 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