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Gold- Rising Wedge Bearish Potential As we can see Gold is forming a rising wedge as shown on the 4H chart. This also aligns with an impulse Elliott Wave pattern, along with some nice wicks bouncing off of the 1830s resistance level indicating bulls may be letting up. It seems Gold may be ready for a push to the down side with the confirmation of breaking out of the wedge. With breaking out we can see a retrace to the common FIB levels of 0.5 which is around 1725 and 0.618 which is around 1699. Around these levels we will likely see a bullsh scenario afterwards, but will have to wait and see what the market has in store. If you would like to see updates on this idea and many more please follow and hit the like button for more!
OANDA:XAUUSDShort
by WrightWayInvestments
CADJPY SHORTlong term down trend on 4H timeframe. Recent tight range broken to the downside, with a strong reversal up to previous support. Now expecting this to act as resistance indicators suggesting an overbought price series and oscillators crossing to the downside for confirmation. Entering positions at support/resistance gives the trader a unique opportunity to be directional with a tight stop loss and setting take profit to support 1, 2 and 3. This results in a favorable risk/reward ratio. Follow for more
Short
by BDPO_Trading
The Exit - How to take profitsToday’s content: 1. Why each exit is within 3 months? 2. Why I turn from investing to trading the US markets since Jan 2022 and onwards If you have been following, today’s is the 6th tutorial in our Trading Series: 1. “The buy strategy” 2. “The sell strategy” 3. “Developing long & short-term view” 4. “Choosing between the time frame” 5. “The entry” 6. “The exit” Refer to the links below or check the previous 5 videos. E-Mini Nasdaq Futures Minimum fluctuation 0.25 point = $5 1 point = $20 10 points = $200 100 points = $2,000 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME_MINI:NQ1!Short
by konhow
4
EURUSD > Two Bearish Setups for A Sell..Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD Looking at the daily chart I saw we have two harmonic patterns on the EURUSD, as you can see on my chart, and this may be why the EURUSD was unable to continue to the upside. keep in mind we are going to enter a long holiday break, and it i is not recommended to be in long-term trades. I will look back at this idea next year 😉 and see if we can find a reversal pattern like head and shoulders or double top it will be a good reason to enter this big pattern I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
16
NIO: Be careful with this BEARISH FLAG!• NIO is trading around the support level of a Bearish Flag chart pattern; • Yesterday, it tried to trigger the pattern, but in the end, it did a bullish reaction and it stabilized around the trend line; • If NIO triggers this flag, the bear trend will resume and the technical target of this pattern is around $5; • In order to avoid this bearish scenario, NIO has to react as soon as possible, and stays inside the Bearish Flag again. This would indicate another bounce, possibly to the $14 again; • Either way, we’ll have our answer soon. I’ll keep you updated. Remember to follow me to keep in touch with my daily analyses!
NYSE:NIO
by Nathan_The_Finance_Hydra
QQQ: BULLSEYE! Gap filled. What's next?• QQQ hit our target, as it filled our gap at $268.50 (red line); • We set this target on our previous public study on QQQ, on Dec 15 (link below this analysis); • QQQ acted according to the technique so far, and there’s no clear bottom sign on it yet; • If QQQ actually loses the red line, the next technical target is the next bottom at $259.08; • Only if we see a good bullish reaction, and QQQ stays above the support at the red line, we might see a bounce on it. In this case, the 21 ema is the next technical resistance; • Either way, QQQ looks interesting. I’ll keep you updated. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:QQQ
by Nathan_The_Finance_Hydra
1
EURUSD Resault: 360 pips✅After hitting the ceiling of the descending channel , the euro-dollar entered correction and will move towards the ceiling of the channel after correction again. Stay with me to get more analysis after following me by sharing with friends and leaving a comment According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
4
eurusd , shortAfter hitting the ceiling of the descending channel , the euro-dollar entered correction and will move towards the ceiling of the channel after correction again. Stay with me to get more analysis after following me by sharing with friends and leaving a comment According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Short
by Hamiratrading
8
GBPUSD Resault: 600 pips✅Similar to the Eurodollar, the pound dollar will enter correction after hitting the ceiling of the descending channel and will move towards the ceiling of the channel after correction again. Stay with me to get more analysis after following me by sharing with friends and leaving a comment According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
1
CADJPY , SHORT Resault: 600 pips✅As you can see in the chart, due to the weakness in the decline and the reaction to the support level , I expect an upward correction first, and then I will update the analysis if there is a reaction to the resistance level . Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
1
NIO: Just hit a SUPPORT! What to expect from here?• Since it hit our resistance at $14, NIO has been correcting. This no surprise, as this is a critical key point for the stock, as we mentioned in our previous analysis, last week (link below this post); • Now, NIO hit a support level, the 21 ema in the daily chart; • Any bullish reaction above the 21 ema could mean a bounce to $14 again. NIO could even break this resistance; • Although the daily chart looks bullish, as NIO is doing higher highs/lows, the long-term sentiment is still bearish. Only if NIO breaks the $14 it’ll trigger a bullish reversal structure in the long-term – therefore, watch this line carefully; • On the other hand, if it triggers this Bearish Flag downwards, it would just resume the long-term bear trend, and the next stop is around $5; • Regardless of what happens, NIO has plenty of potential (to the upside and downside), but it has to break its key resistance or trigger its main bearish pattern in order to do something good. I’ll keep you updated on this, as usual. Remember to follow me to keep in touch with my daily analyses!
NYSE:NIO
by Nathan_The_Finance_Hydra
2
QQQ: Pay attention to this CHART PATTERN!• QQQ is very volatile, and since it hit the ceiling of this Broadening Wedge, it dropped sharply, and now, we are near the bottom line; • If QQQ does a downwards breakout, and loses the support line, the gap at $268.50 is a reasonable target to work with; • So far, there’s no evidence that it’ll react and find a bottom, but if does, the timing couldn’t be better, as we are near a support level; • The 21 ema is flat, and it seems QQQ is just erratic. Either way, as long as it stays inside this Wedge, nothing meaningful will happen. Let’s wait for a breakout. Recently, we scored another target on QQQ (link to my previous analysis is below this post), but now, it is time to be cautious. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:QQQ
by Nathan_The_Finance_Hydra
2
TSLA: Incredibly BEARISH! Next KEY POINTS! [UPDATED]• After scoring another target on TSLA, it dropped below our support at $166, giving continuation of this restless bear trend (the link to my previous post is below this analysis, as usual); • Now, TSLA is around the $155, which is a possible support level, as it was a previous resistance on Oct 2020, as seen in the weekly chart below: • As seen in the weekly chart above, the dotted line at $155 is a support area, but there’s another one: The purple trend line; • TSLA is inside a huge Descending Channel since Nov 2021, and it is trading around its bottom line; • Therefore, this is a dual support area made of this dotted line + purple line; • Any bullish reaction in this area could indicate that TSLA would bounce again, maybe to the 21 ema in the weekly chart, or even to the upper purple trend line, retesting the ceiling of this channel again. However, there’s not a single bullish reaction on TSLA right now; • What if it loses this dual support area? Then the $126 is the next support level on TSLA; • The situation is critical on TSLA, and regardless of what happens, we will see interesting movements in the next few weeks. I’ll keep you posted on this. Remember to follow me to keep in touch with my daily analyses!
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
4
USDCAD: BEARISH POSITIONS BELLOW 1.35537FX:USDCAD Hello folks!!!, This is my analysis brought to you after deeply analyzing the USD/JPY Forex Pair from a technical, trend and fundamental perspective: *Pivot Point : 1.35537 *Stop Loss : 1.36337 Take profit : 1.32169 Entry Price : 1.35537 Risk/Reward Ratio : 1 : 1.88 ⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️. ✅Fallow me to be up-to-date with all my posts and updates 🚀. Yasser Tavarez, Wish you all the best!
Short
by elversatiltav
3
USDJPY: BEARISH POSITIONS BELLOW 147.400FX:USDJPY Hello folks!!!, This is my analysis brought to you after deeply analyzing the USD/JPY Forex Pair from a technical, trend and fundamental perspective: *Pivot Point : 147.400 *Stop Loss : 148.209 Take profit : 142.752 Entry Price : 146.980 Risk/Reward Ratio : 1 : 3.56 ⭐If this post was useful to you, do not forget to like ❤️ and comment ✍️. ✅Fallow me to be up-to-date with all my posts and updates 🚀. Yasser Tavarez, Wish you all the best!
Short
by elversatiltav
3