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Sellzone

EURUSD chart forecastIn the name of God Hi The current price is in the range ( blue BUY ZONE ). Several modes can be considered: 1- The price should move upwards and towards ( SELL ZONE ) after a pullback. ----- LONG 2- The price should move upwards and then downwards after a pullback. Simply put, a volatile market. 3- The price should move downwards and towards ( purple BUY ZONE ) after a pullback. ----SHORT Of course, given the economic data that is about to be released, and given the level of support that exists, it is very unlikely that the price will move below the purple ( BUY ZONE ) level. In my opinion, the bullish market and the volatile market are the most likely. Also, since the chart is in a downward trend, the floor and ceiling of this canal are a good place to enter. This is my first analysis. I hope you help me become a professional with your good comments.
Long
by mohamadrezaKhorsand
2
NZDUSD Downward expectation!Hey guys, Based on the chart movement price reached to a resistance area and also it reach to the top of the downward channel. So the scenarios are: 1. Reaching price to the top of the downward channel. 2. Price rejections (starts happening from 6th of September) 3. The price reach to the 0.618 Fibonacci of the previous wave 4. Hidden divergence on RSI(14) So these 4 reasons lead me to be seller (or seeking for sell opportunities) on LH (Lower Highs) of the market. Note: Please consider the key price level 0.7 during this downward ** Please consider risk management rules before opening any position on the market. Good Luck!
Short
by Brian_Philips
BTCUSDT ready for a big drop!Hey guys, Based on the chart and whatever happened during the last week, there is a strong bearish possibility for BTCUSDT in the following days. AS it specified on the chart, I have 4 reasons for have a bearish movement: 1. Strong daily bearish candle 2. Reaching to the top of a downward channel (It would be valid till the price remains in channel) 3. Price reached to 0.618 Fibonacci 4. Price couldn't stay above a strong support area and rejected So based on these 3 reasons I have bearish bias about the market and I consider 30,000 and 20,000 for the next targets of this bearish movement. Note: As always please take risk management rules into consideration before opening any position on the market. I'm so excited to hear your idea about the price movement. please let me know, do you agree with me or not? and why? Thanks in advance for sharing your idea. Good Luck!
Short
by Brian_Philips
30
Small pullback for BITCOIN from this area !As we can clearly see, BITCOINUSDT have formed a symmetrical triangle on the Daily and 4H time frames, and in my opinion, we will break it from below and make a little pullback to the 44k levels to form a higher low on the bigger general uptrend! If this will happen, then expect a deep correction for altcoins as well ! After visiting the 44k areas, we will see higher highs and a new ATH soon, and our first station to visit will be 58k levels! Do your own analysis, this is not a financial advice!
Short
by kriptomaster
GBPAUD - Bearish FlagSometimes it could be hard for a trader to differentiate whether the market is going to have a Double Bottom setup with RSI Divergence of a Bearish Flag formation. It all voice down to your filter and experience in the market. If you are uncertain of any trading setup, then leave the trade alone until you have further confirmation. While a small group of traders are aware of my thoughts on this bearish flag setup, I regretted not posting this trade, but if you believe me, then that doesn't matter. At this moment I'm waiting for a double bottom set up at 1.8790, which is also the level that coincides with the retest of the broken trendline on the 4-hourly chart for a buying opportunity. And to your comfort, it is still within the buy zone of the 4-hourly chart and the daily chart as a trend trading setup, although from the recent market movement, the bearish move is much stronger than the bullish candle and that is why you need to have a strong filter that you have manual backtest for at least 100 times per timeframe, per currency pair.
Long
by RaynLim
USDJPY getting ready for a drop!Based on the chart, price for the third times reached a major resistance area and rejected. So based on these rejections, it seems to be a good trading area with low risk and high gain. Also the candlestick movements are getting weaker which can be a good sign for sellers. So based on this scenario I prefer to be seller at this area which can have good risk reward ratio. Note1: Selling on highs of the chart, can be a good trading way for this currency pairs for the following days. Note2: Please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
4