AUD/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on AUD/JPY right now from the resistance line above with the target of 96.652 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.
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Short
NZD/JPY BEARS ARE STRONG HERE|SHORT
Hello, Friends!
Bearish trend on NZD/JPY, 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 87.200.
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GBPJPY My Opinion! SELL!
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 1.1373 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable GBPJPY continuation.
Target - 1.1313
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
GOLD My Opinion! SELL!
My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 2703.1
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2674.4
Safe Stop Loss - 2720.0
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
SPY Will Collapse! SELL!
My dear followers,
I analysed this chart on SPY and concluded the following:
The market is trading on 597.55 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 588.41
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NAS100USD Is Going Down! Short!
Take a look at our analysis for NAS100USD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 21,454.6.
The above observations make me that the market will inevitably achieve 20,638.8 level.
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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USOIL SHORT FROM RESISTANCE
Hello, Friends!
USOIL uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 72.06 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 USOIL pair.
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GBPJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a selling opportunity around 190.800 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 190.800 support and resistance area.
Trade safe, Joe.
GBPCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPCHF for a selling opportunity around 1.11500 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.11500 support and resistance area.
Trade safe, Joe.
EURUSD Sell SetupEuro is going to down side in the next weeks. There is no sense to enter a long position right now. Trump is going to start working officially. We can wait for going down on EURUSD pairs.
4 Notes for you:
Keep it simple as possible as.
Make sure following steps of your plan.
No emotion.
If the price does not come to your optimal entry area, do not trade it.
EURCHF Massive Short! SELL!
My dear subscribers,
My technical analysis for EURCHF is below:
The price is coiling around a solid key level - 0.9406
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.9385
My Stop Loss - 0.9417
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
AUDCAD The Target Is DOWN! SELL!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.8957
Bias - Bearish
Safe Stop Loss - 0.8980
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8922
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
QQQ Buyers In Panic! SELL!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 521.74
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 - 513.22
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
ETHUSD Will Go Lower From Resistance! Sell!
Here is our detailed technical review for ETHUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 3,267.2.
Considering the today's price action, probabilities will be high to see a movement to 2,920.3.
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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EURNZD Will Go Lower! Short!
Please, check our technical outlook for EURNZD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.839.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.826 level.
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.
Like and subscribe and comment my ideas if you enjoy them!
SPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
SPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H 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 586.47 area.
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GBP/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP/CAD 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 1.746 level.
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