GBPCHF: Bearish Continuation & Short Signal
GBPCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPCHF
Entry Point - 1.1231
Stop Loss - 1.1261
Take Profit - 1.1178
Our Risk - 1%
Start protection of your profits from lower levels
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Short
SILVER What Next? SELL!
My dear followers,
I analysed this chart on SILVER and concluded the following:
The market is trading on 30.514 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 30.292
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
HelenP. I Gold can grow a little and then drop to support levelHi folks today I'm prepared for you Gold analytics. Some time ago price fell to the support level, which coincided with the support zone, and then turned around and started to grow. In a short time price rose to the resistance level, which coincided with the resistance zone and even entered to this area, and some time traded inside. Later Gold rose to the trend line and then started to decline. Price quickly fell lower 2725 level, breaking it, and continued to decline to the support level. When the price reached the 2615 level, it broke this level and fell until to 2536 points, after which turned around and in a short time rose to the 2615 level and broke it again. Then price continued to move up to the trend line and when it reached this line, it turned around and made an impulse down to support the level back. But a few moments ago it started to move up. So, at the moment, I expect that XAUUSD can rise a little more and then turn around and fall to the support level. That's why I set my goal at 2615 points. If you like my analytics you may support me with your like/comment ❤️
GOLD Will Go Lower! Sell!
Take a look at our analysis for GOLD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2,643.39.
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 2,619.84 level.
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.
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GBPCAD Will Go Lower From Resistance! Sell!
Please, check our technical outlook for GBPCAD.
Time Frame: 45m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.783.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.780 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.
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GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Bearish trend on GOLD, 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 2,543.218.
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GBP/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GBP-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.765 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.
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GBP/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.939 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBP/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H 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 2.138 area.
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EUR/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
EUR/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 0.929.
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GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.27600 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.27600 support and resistance area.
Trade safe, Joe.
USOIL Breakout And Potential RetraceHey Traders, in tomorrow's trading session we are monitoring USOIL for a selling opportunity around 68.30 zone, USOIL was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 68.30 support and resistance area.
Trade safe, Joe.
USDCHF Buyers In Panic! SELL!
My dear followers,
This is my opinion on the USDCHF next move:
The asset is approaching an important pivot point 0.8886
Bias - Bearish
Safe Stop Loss - 0.8930
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8816
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
APPLE My Opinion! SELL!
My dear followers,
This is my opinion on the APPLE next move:
The asset is approaching an important pivot point 237.43
Bias - Bearish
Safe Stop Loss - 240.29
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 231.91
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
SPY: Will Start Falling! Here is Why:
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 SPY pair price action which suggests a high likelihood of a coming move down.
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NQ1! BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are targeting the 20,498.50 level area with our short trade on NQ1! 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.
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GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/CHF 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 1.116 level.
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NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83300 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83300 support and resistance area.
Trade safe, Joe.