EUR/AUD SHORT FROM RESISTANCE
Hello, Friends!
EUR/AUD 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 1.640 area.
✅LIKE AND COMMENT MY IDEAS✅
Tecnhicalanalysis
NQ1! BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Previous week’s green candle means that for us the NQ1! 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 21,113.75.
✅LIKE AND COMMENT MY IDEAS✅
EUR/NZD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
EUR/NZD is trending down which is evident 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 classical trend following opportunity for a short trade from the resistance line above towards the demand level of 1.799.
✅LIKE AND COMMENT MY IDEAS✅
BITCOIN BEARS ARE STRONG HERE|SHORT
Hello, Friends!
BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 92,443 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Previous week’s red candle means that for us the NZD/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.586.
✅LIKE AND COMMENT MY IDEAS✅
USOIL SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
USOIL is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 68.67 level.
✅LIKE AND COMMENT MY IDEAS✅
AUD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
It makes sense for us to go long on AUD/USD right now from the support line below with the target of 0.658 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
✅LIKE AND COMMENT MY IDEAS✅
USD/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
USD/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 1.381.
✅LIKE AND COMMENT MY IDEAS✅
BITCOIN BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 98,279 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GBP/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H 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 1.248 area.
✅LIKE AND COMMENT MY IDEAS✅
EUR/USD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/USD is making a bullish rebound on the 1H 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 1.050 level.
✅LIKE AND COMMENT MY IDEAS✅
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
It makes sense for us to go short on GOLD right now from the resistance line above with the target of 2,610.373 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
Previous week’s red candle means that for us the CAD/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 108.947.
✅LIKE AND COMMENT MY IDEAS✅
AUD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD-JPY downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 99.286 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the AUD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
NZD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 90.005 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so NZD-CHF 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 0.521.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF SHORT FROM RESISTANCE
Hello, Friends!
AUD/CHF is making a bullish rebound on the 7H 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 0.569 level.
✅LIKE AND COMMENT MY IDEAS✅
SILVER BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H 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 29.618 area.
✅LIKE AND COMMENT MY IDEAS✅
CHF/JPY BULLS ARE STRONG HERE|LONG
Hello, Friends!
We are going long on the CHF/JPY with the target of 172.401 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
GBP/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.939 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
GBP/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H 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 2.138 area.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
EUR/CHF 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 0.929.
✅LIKE AND COMMENT MY IDEAS✅