Trading
KMNO Long OpportunityMarket Context:
Following its mid-2024 launch and a 500% rally to ATH, KMNO is undergoing a retracement. The current bounce zone aligns with:
61.80% Fibonacci retracement
200-day EMA
A flipped resistance line now acting as support.
These confluences suggest a potential opportunity for a continuation to the upside.
Trade Details:
Entry Zone: $0.11 – $0.098
Take Profit Targets:
TP1: $0.20
TP2: $0.35
TP3: $0.40
Stop Loss: Daily close below $0.085
This setup offers a favorable risk-to-reward ratio, with significant upside potential from this technical support zone. 📈
RUNE Long Opportunity Market Context:
RUNE is showing signs of strength after consolidating near support and reclaiming the 200-day EMA, with a higher low further reinforcing the bullish structure. Holding above key trendlines, the setup indicates a potential continuation to the upside.
Trade Details:
Entry Zone: $4.30 – $4.70
Take Profit Targets:
TP1: $6
TP2: $8
TP3: $13
Stop Loss: Daily close below $4
This setup offers an opportunity to position for a potential breakout while managing risk effectively. 📈
CAD-JPY Will Go UP! Buy!
Hello,Traders!
CAD-JPY is trading in an
Uptrend and the pair made a
Bullish breakout of the key
Horizontal level of 109.800
And we are now seeing a
Local correction but we
Are locally bullish biased
And we will be expecting
A further bullish move up
Buy!
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Check out other forecasts below too!
EURUSD A Fall Expected! SELL!
My dear subscribers,
This is my opinion on the EURUSD next move:
The instrument tests an important psychological level 1.0426
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 - 1.0357
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
USDCAD Set To Grow! BUY!
My dear friends,
USDCAD looks like it will make a good move, and here are the details:
The market is trading on 1.4314 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.4357
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
AUDNZD Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for AUDNZD below:
The price is coiling around a solid key level - 1.1074
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear High, giving a perfect indicators' convergence.
Goal - 1.1051
Safe Stop Loss - 1.1088
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
Bitcoin 2 hr analysis 🚨 BITCOIN 2-Hour Analysis 🚨
Here’s what we’re watching:
📈 Upside Targets:
• TP1:99000
• TP2: 100600
📉 Downside Targets:
• TP1: 96450
• TP2: 95100
So we have to watch out for $97400- $97600 level. If BTC stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit)
Keep an eye on key levels and trade smart! 💹
What’s your take? Drop a comment below and share this with your trading crew! 🚀
DXY Is Going Down! Sell!
Take a look at our analysis for DXY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 108.155.
The above observations make me that the market will inevitably achieve 107.189 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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USOIL Will Fall! Short!
Please, check our technical outlook for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 74.10.
Taking into consideration the structure & trend analysis, I believe that the market will reach 72.60 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.
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EURJPY Will Go Lower From Resistance! Sell!
Here is our detailed technical review for EURJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 164.158.
Considering the today's price action, probabilities will be high to see a movement to 162.995.
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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GOLD Will Move Lower! Sell!
Here is our detailed technical review for GOLD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 2,644.615.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,625.451 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 SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GOLD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2,592.930 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 GOLD pair.
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USD/CAD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are targeting the 1.443 level area with our long trade on USD/CAD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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CAD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
CAD/CHF 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 0.631 level.
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