EURO - Price can break support level and continue to move downHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Some time ago price reach and broke $1.0800 level and started to grow inside a rising channel pattern.
It reached the resistance level, bounced down, made correction to support and then rose up once again.
Euro touched $1.0920 level second time and turned around, after which exited from this rising channel.
Then price dropped fast and formed falling channel, breaking through $1.0920 level and reaching $1.0800 level.
After that it bounced up a little, but stayed inside the bearish channel without breaking resistance line.
Now price moves between support and resistance, but in my mind it can decline to $1.0715 support line.
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Short
24/03/25 Weekly outlookLast weeks high: $87,453.65
Last weeks low: $81,140.91
Midpoint: $84,297.28
Great weekly close for the bulls! A reclaim of the weekly high in the dying hours of the week is a huge win and has spurred on an early run for the weekly high.
The overall goal for this move should be $91,000 in my opinion, and a must not lose area is $86,000 or 0.75 line/ last weeks weekly high.
What happens at $91,000 is yet to be determined and I have an idea many will be tentative around that area. On the high time frames a reclaim of this level unlocks the capability to retest the highs from a TA standpoint as price re-enters the range bound environment. A rejection of that level would make a $73,000 retest a very real possibility.
In terms of altcoins we're seeing some strength returning with some strong gains but relative to their sell-offs it is a a drop in the ocean so far. Currently the market conditions are a traders dream but a long term investor/holders nightmare. No major news is planned to come this week so unless something drastic happens TA should be the driving factor this week.
HelenP. I Bitcoin can little grow and then drop to support levelHi folks today I'm prepared for you Bitcoin analytics. Some time ago price started to decline and when it fell to 93500 points, it rebounded up to the trend line. Then BTC started to fall inside the wedge, where it soon broke the 91200 level and then in a short time declined to the support zone. After which it turned around and rose to the trend line, which is the support line of the wedge as well. Then Bitcoin fell to the support level again, breaking the resistance level again, but later it tried to back up and failed. Price dropped to the support zone and even a little lower, after which it turned around and in a short time rose to the trend line, breaking the support level one more time. A few moments ago price exited from the wedge and some time traded near the trend line. After this, it started to grow, so, in my opinion, I expect that BTCUSDT will almost rise to the resistance level and then it drop to the 81200 support level, which is my goal. If you like my analytics you may support me with your like/comment ❤️
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
GBP/CAD SIGNAL
Trade Direction: short
Entry Level: 1.856
Target Level: 1.849
Stop Loss: 1.860
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gold has reached the TOP? Time to short Gold?Gold has reached the TOP? Time to short Gold?
Gold has been bullish for more than 28 months strike. It has also been topped the 3000 level.
When everybody rush for gold, I think we need to examine our position again.
If we look further on the lower timeframe, let's say H1; we can see vividly gold is creating the perfect Head and Shoulders pattern. I think, it's time to take a reverse position to start shorting the gold.
GBPJPY: Short Signal with Entry/SL/TP
GBPJPY
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPJPY
Entry Level - 194.59
Sl - 195.64
Tp - 192.40
Our Risk - 1%
Start protection of your profits from lower levels
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BTCUSD A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for BTCUSD below:
The instrument tests an important psychological level 84765
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 - 84317
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
GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,027.00
Target Level: 2,815.51
Stop Loss: 3,168.26
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USOIL Technical Analysis! SELL!
My dear friends,
My technical analysis for USOIL is below:
The market is trading on 68.25 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish Bearish continuation.
Target - 67.21
Recommended Stop Loss - 68.91
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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USOIL SHORT FROM RESISTANCE
USOIL SIGNAL
Trade Direction: short
Entry Level: 68.25
Target Level: 65.67
Stop Loss: 69.99
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPAUD Will Go Down! Short!
Take a look at our analysis for GBPAUD.
Time Frame: 5h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.056.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.044 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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USDJPY Massive Short! SELL!
My dear friends,
USDJPY looks like it will make a good move, and here are the details:
The market is trading on 150.66 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 - 149.11
Recommended Stop Loss - 151.56
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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
AUDNZD Under Pressure! SELL!
My dear friends,
My technical analysis for AUDNZD is below:
The market is trading on 1.0985 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0951
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBP/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 191.791 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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SILVER Will Go Lower From Resistance! Short!
Take a look at our analysis for SILVER.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 33.211.
Taking into consideration the structure & trend analysis, I believe that the market will reach 31.952 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBP/NZD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.240 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USDCHF Will Go Down From Resistance! Sell!
Please, check our technical outlook for USDCHF.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.882.
Considering the today's price action, probabilities will be high to see a movement to 0.866.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDUSD BUYWe have a specific type of divergence on the 1-hour timeframe ⏳, indicating a potential drop 📉 in the higher timeframe. On the other hand, the lower 15-minute timeframe 🕒 gives us a buying perspective 📈. So, the analysis will be as shown in the image.
#audusd #ForexTrading #PriceAction #ForexSignals #TradingAnalysis 💹
EURJPY Is Bearish! Short!
Here is our detailed technical review for EURJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 161.513.
The above observations make me that the market will inevitably achieve 160.742 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURUSD Will Move Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.081.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.068 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBP/AUD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/AUD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2.054 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPAUD: Will Keep Falling! Here is Why:
The analysis of the GBPAUD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Will AAPL temporarily go below 205 this week?My overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I have been wrong many times before so I will just take this thing in stages and see if it plays out. After this massive decline, we should be in for a great market rally of many decades. While the market has seen a brief rally, the primary question is when will the rally end? Friday turned in mix answers to that question. The next step in my opinion will be a decline, possibly sharp with a quick bottom in some sectors AHEAD of the reciprocal tariff deadline on April 2.
My wave 3 indicator tends to signal wave 3s and 3 of 3s with additional end of wave (overbought/sold) conditions. See my scripts for the specifics of the indicator. It currently signaled 3 of 3 based on the bottom in mid-March meaning another drop is likely soon.
While the other stocks I have studied mainly topped at all-time highs in mid to late February, AAPL topped at the end of 2024. The movement of AAPL may be a leading indicator of future market movement as the market appears to be trading as a micro wave structure inside of AAPL's more macro movement.
My market expectations are for their first semi-major wave 1s to end within the next few weeks. Each wave 1 will be followed by a multi week wave 2 up. AAPL may end its wave 3 structure (yellow 3) when the others finish their wave 1s. AAPL would then experience wave 4 up, when the other stocks and S&P 500 index experience their second wave.
This chart applies select movement extensions based on wave 1's movement on the left and then another based on wave 3's movement on the right. I keep the values between 0%-100% on the chart for wave 2s and 4s retracements of the preceding wave's movement for reference even though the retracement values would be inverted.
I will refer to the yellow waves a Minor waves and the green as Minute waves. The extension/retracement data on the left is based on Minor wave 1's movement and is applicable to Minor waves 2 and 3. It provides a rough location of levels for Minor wave 3 to end. The extension on the right attempts to determine Minute wave 5's end points based on Minute wave 3. An intersection of Minor wave 1 extension levels and Minute wave 3 extension levels are general targets for bottoms. One of these is between 203-204 for AAPL.
Lastly, I apply similar levels to determine Minor wave 3's length based on Minor wave 1's length of 45 bars (on the 3 hour chart). Minor wave 3 is currently longer than 45 bars. The vertical dashed bars provide similar locations with the next vertical bar occurring on the morning of Monday March 31. I am therefore watching to see if the next bottom for AAPL occurs at this time.
If this bottom truly comes into focus, I will then attempt to forecast Minor wave 4 for AAPL which could occur in late April.