EURNZD has broken its down trend and has retested the trendline. A buy entry can be taken with the intent of the EN to make a new HH.
Context: • W and M showing (yet to be confirmed) rejections: Neutral with bullish touch • Respecting Daily FVGs • 2h big bullish FVG, 4h close above equal Highs Idea: • Entry in area between 156.600 - 156.15 with LTF reversal (e.q. 1h) Scenario: • Entry area should be approached without bearish FVGs • 4h close below 156.49 (Equal Highs): Caution! Scenario...
Take a look at our analysis for NZDUSD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.610. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.612 level. P.S We determine...
Last weeks high: $71,199.84 Last weeks low: $67,611.61 Midpoint: $69,801.22 Chop, chop and some more chop for Bitcoin. A steady a climb for BTC last week from range lows made at the beginning of the week with a high just shy of $72K before freefalling to the 0.25 line which coincides with the '21 ATH level l, and a bounce back up to the midpoint which is...
Just a quick trade set up that could be a good LONG to take. Price looks to have printed an inverse Head and Shoulders which looks like a bullish reversal. Along with the Bullish inverse Head and Shoulders INJ broke the bearish diagonal trendline with a strong retest as new support and consistent higher lows being posted. Using a price forecast that is a...
Hello,Friends! We are now examining the AUD/JPY pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 103.563 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! GBP/USD pair is in the uptrend because previous week’s candle is green, while the price is obviously falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.276 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is...
I like the final structure that gave an exit to the top that before that was a triangle structure which means the last wave of the fall or rise in our case of the fall
Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 105.175. The above observations make me that the market will inevitably achieve 106.475 level. P.S Overbought describes a period of time where there has been...
Please, check our technical outlook for GBPUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.270. The above observations make me that the market will inevitably achieve 1.273 level. P.S The term oversold refers to a condition where an asset has...
Hey Traders, in tomorrow's trading session we are monitoring NAS100 for a buying opportunity around 18,800 zone, NASDAQ was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 18,800 support and resistance area. Trade safe, Joe.
BINANCE:GALAUSDT (12H CHART) Technical Analysis Update GALA is currently trading at $0.03845 and price has hit the support, price has been in the ranging market for more than a month. I'm expecting the price to bounce back from the support and hit the resistance zone. This will give a nice profit in a long trade. Entry level: $ 0.03846 Stop Loss Level: $...
BINANCE:BNBUSDT (1D CHART) Technical Analysis Update BNB is currently trading at $676 and showing overall bullish sentiment sentiment. Price is currently retracing back to strong support. i think this support will hold and bounce back from there. We can enter a trade at current price and then DCA at lower price. Entry level: $ 676 Stop Loss Level: $...
BINANCE:BTCUSDT (4H CHART) Technical Analysis Update BTC is currently trading at $69595 and price recently had a sudden crash. currently the price is around the support zone and we are expecting a sudden bounce back from this support line. There is a strong resistance line around 71K-72K range and we will exit the trade at this range. We will have a new long...
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys. There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish. This will have EMCers looking for entries Thursday or Friday to take price up to around...
Potential USD/JPY Setup to go long once we have the pullback on the demand area of the analysis. Targeting the liquidity pool above, lots of upside potential.
Take a look at our analysis for NAS100USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 19,001.1. Considering the today's price action, probabilities will be high to see a movement to 19,199.3. P.S Overbought describes a period of time where there has been...
Please, check our technical outlook for EURAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.641. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.645 level. P.S Please, note that an...