Target
QQQ: Bearish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the QQQ pair price action which suggests a high likelihood of a coming move down.
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ETC/USDT 1D Chart Hello everyone, let's look at the 1D ETC to USDT chart, in this situation we can see how the price has broken out of the downtrend line.
Let's start by setting goals for the near future, which include:
Target 1 - $19.43
Target 2 - $20.10
Target 3 - $21
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $18.79
SL2 = $17.76
SL3 = $16.72
Looking at the RSI indicator, we see
as we again exceeded the upper limit of the range, which may translate into limiting further growth.
EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.1160
Stop Loss - 1.1191
Take Profit - 1.1096
Our Risk - 1%
Start protection of your profits from lower levels
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USDJPY: Bearish Continuation & Short Trade
USDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell USDJPY
Entry - 144.35
Stop - 145.37
Take - 143.27
Our Risk - 1%
Start protection of your profits from lower levels
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GBPNZD: Expecting Bearish Continuation! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPNZD chart which, if analyzed properly, clearly points in the downward direction.
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GBPUSD: Short Signal with Entry/SL/TP
GBPUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPUSD
Entry Point - 1.3261
Stop Loss - 1.3319
Take Profit - 1.3141
Our Risk - 1%
Start protection of your profits from lower levels
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USDCAD: Bullish Forecast & Outlook
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USDCAD pair price action which suggests a high likelihood of a coming move up.
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BNB/USDT 1H ChartHello everyone, let's look at the 1H BNB to USDT chart, in this situation we can see how the price is moving below the uptrend line and was struggling to maintain the level.
Let's start by setting goals for the near future, which include:
T1-$554
T2-$562
T3-$583
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $544
SL2 = $537
SL3 = $527
SL4 = $509
Looking at the RSI indicator, we see that we are above the upper line of the range, which may contribute to an attempt at a price recovery.
EURGBP: Long Trade with Entry/SL/TP
EURGBP
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURGBP
Entry Point - 0.8415
Stop Loss - 0.8405
Take Profit - 0.8433
Our Risk - 1%
Start protection of your profits from lower levels
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ETH-USDT 4H chartHello everyone, let's look at the current ETH situation considering the four-hour interval. In this situation, we can see the price fighting against the trend line
Let's start by setting goals for the near future, which include:
T1-2422$
T2-2583$
T3-2702$
I
T4-2854
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = 2346$
SL2 = 2210$
SL3 = 2061$
SL4 = 1939$
the RSI shows that we are approaching the upper limit, which may provide relief or inhibit growth in the coming hours