GBPUSD Trading Opportunity! SELL!
My dear followers,
I analysed this chart on GBPUSD and concluded the following:
The market is trading on 1.2545 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.2463
Safe Stop Loss - 1.2592
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
Shorts
GBPCHF: Short Signal with Entry/SL/TP
GBPCHF
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPCHF
Entry - 1.1447
Stop - 1.1491
Take - 1.1359
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCAD: Short Signal Explained
GBPCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPCAD
Entry Point - 1.7165
Stop Loss - 1.7229
Take Profit - 1.7051
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD Will Collapse! SELL!
My dear followers,
This is my opinion on the NZDCAD next move:
The asset is approaching an important pivot point 0.8150
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8126
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
GBPAUD: Expecting Bearish Continuation! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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EURUSD: Bearish Continuation & Short Signal
EURUSD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURUSD
Entry - 1.0694
Stop - 1.0717
Take - 1.0659
Our Risk - 1%
Start protection of your profits from lower levels
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GBPCAD The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The instrument tests an important psychological level 1.7108
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 - 1.7092
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURUSD Buyers In Panic! SELL!
My dear friends,
My technical analysis for EURUSD is below:
The market is trading on 1.0690 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish
continuation.
Target - 1.0630
Recommended Stop Loss - 1.0732
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
APPLE Technical Analysis! SELL!
My dear followers,
I analysed this chart on APPLE and concluded the following:
The market is trading on 169.28 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 167.62
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
SPY: Bears Will Push
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the SPY pair which is likely to be pushed down by the bears so we will sell!
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Are the Dominoes about to fall?December 2022 saw Domino's reaching a high of $567.57 before reaching a base of $285.84, a drop of 50% from the highs. Since then, DPZ has rallied with the rest of the market, up 22% YTD aat press time, seeing a level of sell pressure as it dances around the $500 mark.
Looking at the daily timeframe below...
...you can see a topping out structure as the C wave of a larger wave B approaches the 1.272 fib . This, I suggest will be followed by a Wave C of your larger A-B-C corrective pattern, targetting the 1.272 or 1.618 extensions of the wave A ($567.57 to $285.84). The targets are as follows:
- 1.272: $209.03 (-58.37%)
- 1.618: $164.87 (-66.93%)
Looking at reasons for this, I can't find much. The one thing I do find worrying is the company's nagative equity situation. In their Balance sheet for the year end 2023, Domino's reported $1.77bn in total assets and $5.84bn in liabilities. A worsening of this situation would definitely be a cause for concern. Since much of this is most likely property debt, with a slowing down of the housing market, and potential reversal on the cards(?), my thesis would be that Domino's would no longer be able to afford their properties.
Anyway, let me know what you think....and if you'd choose Domino's over pizza Hut.
Cheers for reading
GBPUSD A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for GBPUSD below:
The instrument tests an important psychological level 1.2488
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 - 1.2407
Recommended Stop Loss - 1.2538
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
EURCHF: Short Trade Explained
EURCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURCHF
Entry Point - 0.9769
Stop Loss - 0.9794
Take Profit - 0.9723
Our Risk - 1%
Start protection of your profits from lower levels
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USOIL: Weak Market & Bearish Continuation
Balance of buyers and sellers on the USOIL pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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NZDCAD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8131
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8117
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
AUDUSD: Bearish Continuation & Short Trade
AUDUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDUSD
Entry Point - 0.6528
Stop Loss - 0.6564
Take Profit - 0.6465
Our Risk - 1%
Start protection of your profits from lower levels
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GOLD: Bears Will Push Lower
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 GOLD pair price action which suggests a high likelihood of a coming move down.
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NZDJPY Set To Fall! SELL!
My dear subscribers,
NZDJPY looks like it will make a good move, and here are the details:
The market is trading on 92.386 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 91.646
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURGBP Massive Short! SELL!
My dear subscribers,
EURGBP looks like it will make a good move, and here are the details:
The market is trading on 0.8600 pivot level.
Bias - Bearish
My Stop Loss - 0.8615
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8576
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK