Signals
DXY Will Go Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 106.671.
Taking into consideration the structure & trend analysis, I believe that the market will reach 107.136 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.
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GOLD Will Move Higher! Buy!
Here is our detailed technical review for GOLD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 2,563.433.
Considering the today's price action, probabilities will be high to see a movement to 2,641.101.
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.
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USDJPY Is Bearish! Sell!
Take a look at our analysis for USDJPY.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 154.251.
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 152.801 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.
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GBPJPY Is Very Bearish! Short!
Please, check our technical outlook for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 194.706.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 190.431 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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Alikze »» SKL | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or rising C scenario
News:
SKALE to Participate in Sawadee Web3 Gaming in Bangkok on November 12th
- It is moving in an upward channel in the weekly time frame.
- It is currently in the Support Zone with the formation of a higher floor.
-The previous corrective wave has completed a full cycle in the Support Zone.
💎 Considering that the previous correction wave corrected the previous wave by 0.23 fibo and a higher floor was formed, if the candlestick is confirmed in the weekly time frame, it can enter the broken structure first by breaking the trigger line and then pullback. Ascending phase.
💎Therefore, if there is no stabilization below the area, the scenario of wave 3 or rising C with the specified targets will be accessible.
⚠️ In addition, if the Support Zone or Fibo 0.23 of the previous wave is broken, the bullish scenario will be invalidated. ⚠️
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BINANCE:SKLUSDT
GOLD MARKET ANALYSIS AND COMMENTARY - [Nov 18 - Nov 22]This week, international gold prices fell sharply, from 2,686 USD/oz to 2,536 USD/oz and closed the week at 2,563 USD/oz. Thus, from the peak of 2,790 USD/oz, up to now the international gold price has decreased by more than 250 USD per ounce, equivalent to about 9%.
The reason why international gold prices have dropped sharply in recent days is because the market expects newly elected President Donald Trump to soon resolve geopolitical tensions in Ukraine, the Middle East, the Korean Peninsula..., causing shelter demand. in gold fell sharply. Besides, Mr. Trump's tariff policy will cause inflation to rise, forcing the FED to raise interest rates again, pushing up the USD. In addition, recently announced US economic indicators, such as retail sales in October increased by 0.4% over the previous month; Consumer confidence recovered strongly;... In particular, FED Chairman Powell said the US economy did not give any signal that the FED should rush to continue sharply reducing interest rates.
Short-term gold prices next week may not end their correction due to the impact of policy expectations under Donald Trump's second term.
📌From a technical perspective, on the weekly chart, if this is an adjustment for this chart, the gold price will at least fall around the 2,400 USD/oz mark. On the H4 chart, the gold price has completed a shoulder pattern. head and shoulders as commented last week when the 2640 support zone was broken. Next week, it is possible that the gold price will increase and adjust again. If the support level of 2526 does not hold, gold is at risk of continuing to be sold off, causing the price to fall further below the 2400 mark.
Notable technical levels are listed below.
Support: 2,548 – 2,536 – 2,528USD
Resistance: 2,581 – 2,588 – 2,600USD
SELL XAUUSD PRICE 2626 - 2624⚡️
↠↠ Stoploss 2630
BUY XAUUSD PRICE 2432 - 2434⚡️
↠↠ Stoploss 2428
ETHUSD: Local Correction Ahead! Buy!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 3,170.7
Wish you good luck in trading to you all!
BTCUSD: Strong Bearish Bias! Sell!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 90,548.12
Wish you good luck in trading to you all!
AMAZON WILL GROW|LONG|
✅AMAZON is approaching a demand level of 200$
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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US100 Is Going Down! Sell!
Here is our detailed technical review for US100.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 20,418.60.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 20,055.55 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.
Like and subscribe and comment my ideas if you enjoy them!
CADJPY Will Grow! Long!
Take a look at our analysis for CADJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 109.494.
The above observations make me that the market will inevitably achieve 110.050 level.
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!
XRP Short Term Price TargetIf you haven`t bought the dip on XRP:
Now you need to know that Ripple’s XRP is showing bullish potential, buoyed by its partial legal victory in July 2023. The court's ruling that only institutional sales of XRP were unregistered securities offerings, while programmatic sales to retail investors were not, has given the token a significant boost in confidence. This ruling marks a crucial milestone for Ripple, alleviating some of the regulatory uncertainty surrounding XRP in the retail market.
One factor that adds further optimism is the slow nature of the appeals process. With any higher court ruling unlikely before 2025 and a potential Supreme Court decision not expected until 2026 or beyond, Ripple has time to build momentum and solidify its market position.
From a technical perspective, XRP has been forming higher lows, suggesting a strong bullish trendline. With this upward momentum in play, I expect XRP to target $0.64 in the short term. As regulatory clarity continues to develop, XRP could be poised for further growth in the broader crypto landscape.
BTC Bitcoin Potential Retracement Soon If you haven`t bought BTC before the recent rally:
Now you need to know that Bitcoin’s meteoric rise to an all-time high of $93,434 has reignited excitement in the crypto markets. However, as the euphoria peaks, warning signs suggest that the king of cryptocurrencies might be due for a pullback. Currently trading at a Relative Strength Index (RSI) level of over 86—a threshold signaling overbought conditions—Bitcoin appears overstretched in the short term.
Historically, RSI readings above 70 often precede market corrections as buying momentum wanes and profit-taking sets in. While Bitcoin’s long-term fundamentals remain strong, its price trajectory has repeatedly shown susceptibility to sharp reversals after rapid ascents. A retracement to $80,000—a key psychological and technical support level—could provide a healthier foundation for Bitcoin’s next leg upward.
Traders and investors should remain cautious, especially as Bitcoin consolidates at overheated levels. A correction to $80K might not signal the end of the bull run but rather a necessary recalibration before the next rally.
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought the dip recently:
Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 150usd strike price Calls with
an expiration date of 2024-11-22,
for a premium of approximately $3.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WIX Options Ahead of EarningsAnalyzing the options chain and the chart patterns of WIX prior to the earnings report this week,
I would consider purchasing the 175usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $10.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PANW Palo Alto Networks Options Ahead of EarningsIf you haven`t bought the dip on PANW:
Now analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week,
I would consider purchasing the 387.5usd strike price Puts with
an expiration date of 2024-11-22,
for a premium of approximately $17.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
EUR_CAD RESISTANCE AHEAD|SHORT|
✅EUR_CAD will be retesting a resistance level around 1.4900 soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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EUR-JPY Strong Bearish Breakout! Sell!
Hello,Traders!
EUR-JPY keeps going down
After the strong bearish
Breakout of the key horizontal
Level of 163.860 which is
Now a resistance and as
We are bearish biased we will
Be expecting a further
Bearish move down
Sell!
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