CAD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the CAD/CHF 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 0.578.
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Short
NZD/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
NZD/CAD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 0.814.
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BTCUSDT: A Period of Adjustment and the Next TrendAfter a strong rally to record highs, BTCUSDT is currently entering a period of slight correction. The coin is now trading around 118,500 USD, down more than 0.57% on the day.
From a technical perspective, BTCUSD is moving within a narrowing price wedge, showing a slight downtrend. The support level at 116,500 USD is acting as a springboard for the Bulls. However, as the price approaches the tip of the wedge, a breakout may occur at any time, with two possible scenarios highlighted on the chart.
My personal outlook is that BTCUSDT will continue to decline in the short term before breaking out of the wedge in an upward direction. What do you think about BTCUSDT?
Please share your thoughts in the comments and don’t forget to like this post!
Wishing you all happy and successful trading!
Bitcoin - Bears will push the price fill CME Gap- Bitcoin has broken down from the trending support,
- Price has been going down without any retracement on 1H candle.
- Looks like bitcoin will CME gap before going up further.
- A high risk Short Trade opportunity is here
Entry: 117,431
Stop Loss: 119,670
TP1: 116152.8
TP2: 114403.6
Move SL to Breakeven on TP1 hit
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Cheers
GreenCrypto
HelenP. I Euro will reach resistance level and then start fallHi folks today I'm prepared for you Euro analytics. For an extended period, the euro was trading within a clearly defined downward channel, consistently respecting its boundaries and moving under bearish pressure. Recently, however, the price staged an aggressive breakout from this structure, pushing above the upper trend line with a strong impulse. This move signaled a potential shift in momentum, as buyers appeared to take control and drive the price away from the major support zone near the 1.1600 level. Currently, following this upward breakout, the price is approaching a critical test at resistance 1. This area, centered around the 1.1700 level, is significant as it previously acted as a key pivot point and support inside the downward channel. The current price action is a classic scenario where old support is being retested as new resistance, which will determine the validity of the recent bullish move. Despite the recent breakout, I expect the upward momentum to fail as the price challenges the resistance zone 1 around 1.1700. I anticipate a rejection from this level, which would confirm the breakout as a false move and re-establish the dominant bearish trend. The primary target for the subsequent decline is the major support level at 1.1600. For this reason, my goal is set at the 1.1600 level. If you like my analytics you may support me with your like/comment ❤️
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GBPJPY: Short Trading Opportunity
GBPJPY
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short GBPJPY
Entry - 199.63
Sl - 200.26
Tp - 198.44
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCHF: Will Keep Falling! Here is Why:
The recent price action on the NZDCHF pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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GOLD: Short Trade Explained
GOLD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry - 3354.53
Stop - 3357.9
Take - 3345.9
Our Risk - 1%
Start protection of your profits from lower levels
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EURUSD Will Collapse! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.1663
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 - 1.1632
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.
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WISH YOU ALL LUCK
EURAUD Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for EURAUD below:
The price is coiling around a solid key level - 1.7893
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.7812
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
USDCHF The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on USDCHF and concluded the following:
The market is trading on 0.8050 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.7970
Safe Stop Loss - 0.8093
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
ETH 1D Overview Finally we are seeing altcoins regaining lost ground on Bitcoin and the second largest crypto by market cap is rallying strong.
Since ETH has such strength currently the opportunity to short is quite slim with high risk, however I think it's important to see where ETH may find some resistance or if a pullback was to happen, where would it come from?
The first level is the bearish orderblock level that has just been tapped as of writing. This area previously began the sell-off at the end of 2024 by confirming a new lower high. Naturally this area will present problems for the bulls and so a potential pullback could be initiated from this level. I would like to see a sweep of the stop loss positions just above the area and then a SFP to confirm the pullback is in motion.
Should the bearish orderblock fail the next clear level is the daily local top around $4000. A big even level and the area that started 5 months of downtrend. IMO the most likely level where longs will take profit. I do think if we see any form of consolidation between the bearish orderblock and the local high the bulls will look to carry the rally on, shallow pullbacks maintain momentum
Ten out of the last eleven days have been green candles with the only one day being red just above a key high, I expect if we are to get a pullback that bullish orderblock area ($2900-3000) to be retested as support. Therefor if any of the above areas initiate a pullback this area should provide support and therefor a long entry.
To clarify I am in no way bearish about Ethereum, this is just a plan for different eventualities.
USOIL Will Go Lower! Sell!
Take a look at our analysis for USOIL.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 67.883.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 62.518 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.
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EURUSD Will Go Down! Short!
Please, check our technical outlook for EURUSD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.161.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.155 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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NZDUSD Will Move Lower! Sell!
Here is our detailed technical review for NZDUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 0.594.
The above observations make me that the market will inevitably achieve 0.592 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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GBPUSD Is Bearish! Short!
Take a look at our analysis for GBPUSD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.341.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.338 level soon.
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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EURUSD Will Go Lower! Sell!
Here is our detailed technical review for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.168.
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 1.159 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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GOLD SELLERS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,337.24
Target Level: 3,283.55
Stop Loss: 3,372.93
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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AUD/CAD BEARISH BIAS RIGHT NOW| SHORT
AUD/CAD SIGNAL
Trade Direction: short
Entry Level: 0.893
Target Level: 0.890
Stop Loss: 0.894
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
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CHF/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
CHF/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 184.005 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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NZD/USD SELLERS WILL DOMINATE THE MARKET|SHORT
NZD/USD SIGNAL
Trade Direction: short
Entry Level: 0.607
Target Level: 0.592
Stop Loss: 0.617
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1D
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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AUD/CHF BEST PLACE TO SELL FROM|SHORT
AUD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.524
Target Level: 0.520
Stop Loss: 0.526
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 3h
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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