Get started

Short

Euro can reach seller zone and then start to decline to 1.0450Hello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price traded inside the range, where it at once rebounded from the top part and started to decline to the resistance level, which coincided with the resistance zone. Later, EUR entered to this area, where it reached the bottom part of the range and some time traded near, after which started to grow to the top part of the range. Also, when the price rose, it made a gap and after it reached the top part of the range, the EUR turned around and made impulse down. Price exited from the range broke the 1.0805 resistance level, and continued to decline inside the wedge. In this pattern, the price first rose to the resistance area and tried to break the 1.0805 level, but failed and continued to decline to the 1.0600 current resistance level. Soon, the price broke this level too and fell to the support line of the wedge, after which a not long time ago rebounded up. Now, the price trying to exit from the wedge, so, in my mind, the Euro can reach the seller zone and then turn around and start to decline. For this case, I set my TP at 1.0450 points. Please share this idea with your friends and click Boost 🚀
Editors' picks
Short
by LegionQ8
14
CHFJPY Technical Analysis! SELL! My dear friends, CHFJPY looks like it will make a good move, and here are the details: The market is trading on 176.03 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 175.18 Recommended Stop Loss - 176.55 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
NVIDIA - Arguments For BearsAs in my last post "Arguments For Bulls" I do my Analysis for NVDA with eyes of a Bear. We see the red down sloping Pendulum Swing Pitchfork. Because the A-Point is LOWER than the C Point, it's a Pullback Fork that would give us the potential downfall target at the Center-Line, before the Pendulum of price would swing to the upside again. - the "Trend Barrier Dow" was breached - price reacted to the tick multiple times at the U-MLH (White Rectangle) (Upper-Medianline-Parallel). This is clear resistance. - Price just filled the GAP from 3 Days ago, so it can continue in the opposite direction (down) again. So, that's it. You have 3 ways to play this: Long, Short, Flat. Earnings of such a Market influential underlying is a pure gamble. I grab some Pop-Corn and watch the show and see, which of the cases is wrong and right. §8-) Happy Profits all
NASDAQ:NVDAShort
by Tr8dingN3rd
GOLD Is Bearish! Sell! Take a look at our analysis for GOLD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2,634.92. The above observations make me that the market will inevitably achieve 2,574.59 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. Like and subscribe and comment my ideas if you enjoy them!
FOREXCOM:XAUUSDShort
by SignalProvider
1
DXY Will Move Lower! Short! Here is our detailed technical review for DXY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 106.561. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 106.415 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. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
1
CADJPY A Fall Expected! SELL! My dear subscribers, This is my opinion on the CADJPY next move: The instrument tests an important psychological level 111.33 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 110.57 My Stop Loss - 111.79 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
NAS100USD Will Fall! Short! Take a look at our analysis for NAS100USD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 20,544.9. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 20,006.6 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. Like and subscribe and comment my ideas if you enjoy them!
OANDA:NAS100USDShort
by SignalProvider
2
USOIL Will Go Down! Sell! Here is our detailed technical review for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 69.181. Considering the today's price action, probabilities will be high to see a movement to 63.975. 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. Like and subscribe and comment my ideas if you enjoy them!
OANDA:WTICOUSDShort
by SignalProvider
1