USOIL Will Fall! Sell!
Please, check our technical outlook for USOIL.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 79.103.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 74.465 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.
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Short
EURUSD Will Go Down From Resistance! Short!
Here is our detailed technical review for EURUSD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.028.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.020 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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CADJPY Will Go Lower! Sell!
Take a look at our analysis for CADJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 108.412.
The above observations make me that the market will inevitably achieve 106.334 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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KIKI - New, doesn't always mean goodThis relatively new coin looks like there's more low to come. If we look at the MACD it's clear to see that the red bars are showing a negative swing. I've added a red semi circle to make the point that *if* the MACD continues to stay in the red, there's likely more of a bulge to appear ahead of returning into the green. Equally, there's a very clear channel that if the resistance is broken this could descend into freefall. It's new, with almost no market cap. I'd stay well clear and focus on the top 6. Follow and share for more.
SILVER BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
SILVER pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 2H 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 30.135 area.
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EUR/NZD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are targeting the 1.827 level area with our short trade on EUR/NZD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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EUR/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-CAD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.472.
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EURAUD possible ideaFrom our previous idea, price moved as anticipated but failed to close below our weak low. It only wicked with an asia session low, thus forming more liquidity around the weak low price failed to break. Within the range, on lower timeframe, price moved aggressively, leaving behind a clean 1 hour supply zone before it preceded to break structure. Price has currently formed asia session liquidity below this POI that it could use to fuel its move to run the weak low as well as the liquidity below asia low.
EURAUD updated ideaFrom our previous idea, we expected price to first sweep bearish trendline liquidity before we get a shift of market structure. Instead, it was vice versa, but the idea still remains the same with just a new entry point. We have currently shifted to a bearish market on lower timeframe after mitigating our previously established supply zone. Now we have an opportunity to short the market on a 15 min confirmation entry.
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.62600 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62600 support and resistance area.
Trade safe, Joe.
My Current View On The 1hr With No ReasonI like what I have and I even sell what I have! 😮 I like dollars maybe I am just some American that thinks in dollars in my wallet..🤑.. Its all fun and Games Until you start losing your bag.💰..
"Count the coin not the dollars" I say to myself while listening knowing well I am my worst enemy. 🎶
In this market cycle it is out to bite you! Anything given will quickly look to take it back including you.. Nothing is a given be ready to fight and beg for what you hold back be it coins or dollars.....
"One coin to rule them all until there is wait two or three... Oh wait there's another one!!!"
YOLO Moonboyz 🌛 If you feel so inclined to do so.
🚽👄 Toilet Mouth: "Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!
P.S. Now witha bag!
P.S.S. well two or Ten
NZDCHF The Target Is DOWN! SELL!
My dear friends,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5121 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 - 0.5103
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
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WISH YOU ALL LUCK
NAS100USD Will Go Down! Short!
Please, check our technical outlook for NAS100USD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 20,839.6.
Taking into consideration the structure & trend analysis, I believe that the market will reach 20,544.5 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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GOLD Will Move Lower! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 2,686.729.
Considering the today's price action, probabilities will be high to see a movement to 2,659.435.
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!
EURCAD Is Bearish! Short!
Take a look at our analysis for EURCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.478.
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 1.461 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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GOLD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the GOLD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2,619.804.
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EUR/GBP BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
EUR-GBP uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.834 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/GBP pair.
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USD/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
USD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.878 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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AUD/USD SHORT FROM RESISTANCE
Hello, Friends!
AUD/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. 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 0.613 area.
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USD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so USD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 156.837.
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