https://www.tradingview.com/x/4UqgBbaX/ Please, check our technical outlook for US30. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 42,499.9. Taking into consideration the structure & trend analysis, I believe that the market will reach 40,967.2 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/awyrKKeU/ Here is our detailed technical review for USOIL. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 72.837. Considering the today's price action, probabilities will be high to see a movement to 68.454. 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!
Hello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .
It was clear after previously I saw that the price would return to the yellow line and match the target I made, and now it looks like it is forming a Quasimodo with the target following the direction of the blue line
Entry reasons: 1. Momentum: 24 bars (buyer) / 31 bar (seller) Strength of buyers. 2. Context: 4h bullish imbalance. 3. Structure: bullish 4. Capture liquidity 4h candle inside 4h imbalance
?Hello guys, today let's review 12hour price chart for BONK. Outlook remains bullish currently pullback in progress, however buying low still is a perfect trade setup. ?BONK is one of the top rated solana meme coins. currently undergoing correction and still not complete, however risk/reward is shifting in bulls favor already. ?Recommended strategy bulls: Price action contained within bullish channel. get ready to buy low near 2500, TP is 7500 +300% gain. BUY/HOLD setup for patient traders. keep in mind that BONK already got a heavy valuation, so do not expect miracle overnight gains. For other 10x-25x opportunities in meme coins, check out the links below and my signature. good luck! ?Please hit the like button and ?Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
#USOIL... perfect move as per our analysis and mentioned resistance. keep close that resistance region guys because if market hold it in that case we can expect a drop from here. dont be lazy here. good luck trade wisely
Anticipating a Triangle pattern on the 4th wave. We're in a 5 waves sequence which is an impulse pattern where waves 1 and 4 never overlap.
https://www.tradingview.com/x/Qo2kJO7j/ Take a look at our analysis for NZDUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.560. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.555 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/asY8L7UY/ Please, check our technical outlook for GBPJPY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 194.994. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 192.442 level. 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. Like and subscribe and comment my ideas if you enjoy them!