GBPAUD: Bearish Continuation & Short Signal
GBPAUD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPAUD
Entry Point - 2.0619
Stop Loss - 2.0692
Take Profit - 2.0483
Our Risk - 1%
Start protection of your profits from lower levels
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Short
USDCHF Potential DownsidesHey Traders, in today's trading session we are monitoring USDCHF for a selling opportunity around 0.88900 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88900 support and resistance area.
Trade safe, Joe.
Bitcoin Potential DownsidesHey Traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 90000 zone, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 89000 support and resistance area.
Trade safe, Joe.
USDJPY My Opinion! SELL!
My dear friends,
My technical analysis for USDJPY is below:
The market is trading on 149.96 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 148.72
Recommended Stop Loss - 150.69
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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WISH YOU ALL LUCK
CADJPY Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for CADJPY below:
The price is coiling around a solid key level - 104.65
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 103.67
Safe Stop Loss - 105.27
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
GBPAUD Will Fall! Short!
Please, check our technical outlook for GBPAUD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 2.060.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.029 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.
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GOLD BEARS WILL DOMINATE THE MARKET|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,031.48
Target Level: 2,966.31
Stop Loss: 3,074.79
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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USD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
USD/CHF is making a bullish rebound on the 3H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.878 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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NZD/CHF BEST PLACE TO SELL FROM|SHORT
NZD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.511
Target Level: 0.506
Stop Loss: 0.514
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
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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USDJPY Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 149.300 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 149.300 support and resistance area.
Trade safe, Joe.
avax sell midterm "🌟 Welcome to Golden Candle! 🌟
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Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
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NZDJPY: Short Trading Opportunity
NZDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDJPY
Entry - 86.726
Stop - 87.482
Take - 85.340
Our Risk - 1%
Start protection of your profits from lower levels
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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GBPJPY: Market Sentiment & Forecast
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPJPY pair which is likely to be pushed down by the bears so we will sell!
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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NZDUSD Set To Fall! SELL!
My dear followers,
This is my opinion on the NZDUSD next move:
The asset is approaching an important pivot point 0.5798
Bias - Bearish
Safe Stop Loss - 0.5813
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.5732
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NZD/JPY SELL 4H
Hi, my name is Andrea Russo and I am a Forex Trader. Today I want to talk to you about an interesting trade on the NZD/JPY cross.
I have currently decided to position myself in sale (short) on NZD/JPY at an entry price of 86,860, with a stop loss set at 87,840 and a target price of 84,190. I will explain my reasoning behind this choice and the technical and fundamental analyses that supported my decision.
Technical Analysis
Looking at the daily chart of NZD/JPY, I noticed a significant resistance in the area around 87,000, which in the past has repeatedly rejected attempts to increase the price. At the time of entry, the price was showing signs of weakness near the resistance, indicating to me an excellent opportunity for a short position. Furthermore, the RSI and MACD indicators were suggesting an overbought condition, reinforcing the possibility of an impending bearish move.
From an Elliott wave perspective, the cross appears to be in a possible corrective wave, with room for further downside towards the target level of 84,190.
Fundamental Analysis
On the fundamental side, the New Zealand Dollar (NZD) looks vulnerable due to the recent economic slowdown in New Zealand, while the Japanese Yen (JPY) has shown signs of strengthening as a safe haven, especially amid global uncertainty. Monetary policies from respective central banks point to a possible tailwind in favor of the Yen, further increasing the bearish outlook for the NZD/JPY pair.
Strategy
My strategy involves:
Short Price: 86,860
Stop Loss: 87,840 (to limit losses in case of contrary movements)
Target Price: 84,190 (key support area, representing a reasonable level of profit).
This trade is based on a balance between technical and fundamental analysis, with a favorable risk/reward ratio.
Conclusion
I remain alert for any news or market events that could affect the trade and adjust the strategy if necessary. Remember that Forex trading carries significant risks and is not suitable for all investors.
I hope this analysis can be useful to you. Happy trading and may the pips be in your favor!
BITCOIN Will Go Lower From Resistance! Sell!
Here is our detailed technical review for BITCOIN.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 83,533.11.
The above observations make me that the market will inevitably achieve 79,022.44 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.
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EURUSD Will Go Lower! Short!
Take a look at our analysis for EURUSD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.089.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.078 level soon.
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.
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 Reached it's Apex and is ready for a dumpIn my earlier posts I said that Gold has the potential to reach the U-MLH, which has become true.
Up there, the price of Gold is stretched. Yes it can go up even more beyond the Upper-Medianline-Parallel. But the overall numbers of occurrences are small.
So, at this natural stretch, price has a high probability to revert to the mean. And this is supported by the fact, that the overall indexes are heavenly oversold and already showing the signs of a pullback to the North (see my last NQ post).
Why not just watch how it plays out, and make a decision for a trade after the FOMC, or even tomorrow. Don't rush into these unknowing situations. Be patient and wait for clear signs to take action.
USD/JPY BEST PLACE TO SELL FROM|SHORT
USD/JPY SIGNAL
Trade Direction: short
Entry Level: 149.497
Target Level: 146.249
Stop Loss: 151.651
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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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NZD/USD SHORT FROM RESISTANCE
Hello, Friends!
Previous week’s green candle means that for us the NZD/USD 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 0.569.
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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