CAD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are targeting the 0.650 level area with our short trade on CAD/CHF 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✅
Tecnhicalanalysis
EUR/JPY BEARS ARE STRONG HERE|SHORT
Hello,Friends!
EUR/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 4H 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 160.846 area.
✅LIKE AND COMMENT MY IDEAS✅
EUR/NZD BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.771 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✅
GBP/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.707 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/CAD pair.
✅LIKE AND COMMENT MY IDEAS✅
USOIL SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Bearish trend on USOIL, 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 77.74.
✅LIKE AND COMMENT MY IDEAS✅
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
SILVER uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 23.123 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 SILVER pair.
✅LIKE AND COMMENT MY IDEAS✅
EUR/USD BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
Bullish trend on EUR/USD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.094.
✅LIKE AND COMMENT MY IDEAS✅
USD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
It makes sense for us to go short on USD/JPY right now from the resistance line above with the target of 146.172 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✅
NZD/JPY BULLS ARE STRONG HERE|LONG
Hello,Friends!
We are going long on the NZD/JPY with the target of 91.889 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✅
AUD/JPY BEST PLACE TO BUY FROM|LONG
Hello,Friends!
AUD/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.574 area.
✅LIKE AND COMMENT MY IDEAS✅
CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
CAD/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 8H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 110.076 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
CAD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
The BB lower band is nearby so CAD-CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.651.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
AUD/CHF pair is in the uptrend because previous week’s candle is green, 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 0.575 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
NQ1! SHORT FROM RESISTANCE
Hello,Friends!
We are now examining the NQ1! 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 18052.50 level.
✅LIKE AND COMMENT MY IDEAS✅
USOIL BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
Previous week’s green candle means that for us the USOIL 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 77.46.
✅LIKE AND COMMENT MY IDEAS✅
SPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
Previous week’s green candle means that for us the SPY 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 487.03.
✅LIKE AND COMMENT MY IDEAS✅
EUR/NZD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
EUR/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H 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 1.756 area.
✅LIKE AND COMMENT MY IDEAS✅
GOLD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
GOLD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H 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 2131.485 area.
✅LIKE AND COMMENT MY IDEAS✅
SILVER BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Bearish trend on SILVER, 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 23.199.
✅LIKE AND COMMENT MY IDEAS✅
NATGAS BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
NATGAS pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.669 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
EUR-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.947 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 EUR/CHF pair.
✅LIKE AND COMMENT MY IDEAS✅
USD/CAD SHORT FROM RESISTANCE
Hello,Friends!
Previous week’s green candle means that for us the USD/CAD 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 1.351.
✅LIKE AND COMMENT MY IDEAS✅
USD/CHF BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
We are now examining the USD/CHF 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 0.880 level.
✅LIKE AND COMMENT MY IDEAS✅