Nas100 End of AugustHello there!
Small Range last week, roughly 500 ticks.
Notes - Bullish cycle
1. Closed the 4hr gap created at the end of July 24.
2. We tapped into a 4hr bearish fvg and aggressively moved away.
What i see for this week :
- possible bearish play due to all the liquidity(FVG) resting below.
- We have eql highs created last Friday
- 4hr market shift in progress, lets wait to see where price shows its hand.
Short term targets is pdh or pdl
Bearish Patterns
GOLD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GOLD 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 2,422.483.
✅LIKE AND COMMENT MY IDEAS✅
GBP/AUD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GBP/AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.924 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 GBP/AUD pair.
✅LIKE AND COMMENT MY IDEAS✅
GBP/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GBP/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.114 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
B/C Correction for E/G Before Descent To .8400?!Here I have EUR/GBP on the 4Hr Chart!
Ever since EUR/GBP made its transition into a Downtrend from the High @ .86248 to Lower High @ .85928, Price has been strong on the decline eventually giving Break to the .8510 - .8500 Area.
This Correction Wave, based on the Fib Trend Ext Tool, has eyes on the Range Target of .84409 - 8405!
Before the Final Extension can happen, I suspect Price will need to make a Retracement to the Fib Entry Zone @ .84976 - .85133!
*Golden Zone @ .85032 - .85087
After which I will be looking to take Sell Opportunities to finish the Wave!
Indicators:
-Price Trading Below DSR
-Price Trading Below 200 EMA
-DSR + EMA leading to "Death Cross"
-RSI Below 50
-BBTrend Printing Red Bars
NZDUSD Is Approaching The Weekly Resistance and USD SeasonalityHey Traders, in tomorrow's trading session we are monitoring NZDUSD for a selling opportunity around 0.62500 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62500 support and resistance area.
Trade safe, Joe.
SILVER BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are targeting the 28.602 level area with our short trade on SILVER which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
AUDUSD => The Aussie Is Playing Against The Weekly ResistanceHey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.68400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at the weekly 0.68400 resistance area.
Trade safe, Joe.
USOIL BEARS ARE STRONG HERE|SHORT
Hello, Friends!
The BB upper band is nearby so USOIL 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 70.87.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CAD SHORT FROM RESISTANCE
Hello, Friends!
Bearish trend on EUR/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.487.
✅LIKE AND COMMENT MY IDEAS✅
USD/JPY SHORT FROM RESISTANCE
Hello, Friends!
USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 114.466 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 USD/JPY pair.
✅LIKE AND COMMENT MY IDEAS✅
BITCOIN SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 4H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 59,593 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
AUD/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D 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 0.656 area.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the NZD/USD with the target of 0.603 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
EURUSD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.11300 zone, EURUSD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 1.11300 support and resistance area.
Trade safe, Joe.
GBPUSD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.31100 zone, GBPUSD 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 1.33100 support and resistance area.
Trade safe, Joe.
GBPUSD - Bearish Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, GBPUSD rejected the lower bound of the medium-term trendline and traded higher.
What's next?
GBPUSD is currently hovering around the upper bound of the green and orange channels.
Moreover, it is retesting a weekly major high marked in blue.
🏹 Thus, the highlighted green circle is a strong area to look for sell setups as it is the intersection of the trendlines and major high.
📚 As per my trading style:
As #GBPUSD is hovering around the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBP/USD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/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 1.307.
✅LIKE AND COMMENT MY IDEAS✅
EUR/USD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.101 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
NZD/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the NZD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 87.651 level.
✅LIKE AND COMMENT MY IDEAS✅