BTC Short!!!Hello Traders!
✔BTCUSD Is Bullish but is being pushed towards the downside for momentum
✔Price made a Head and Shoulders formation
✔Fibonacci for the 1H should be tested at 50%
✔RSI is in the bears favor
Gold-short
GOLD short The price is in a downtrend and there was a very strong downward movement over the weekend. In theory, after distribution, there is a consolidation and it seems to me that consolidation begins between two levels. Waiting for the fall from 1750 to the downward support
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Gold shortGold has finished its bullish trend. Now its bearish.Sell entry is at 1787 with sl at 1790 and tp at 1682.
What's happening with Gold?Loads of people were demoralised on Friday 6th August 2021, when Gold took an amazing dip south. That was part of a 30 min trend switch.
But - as I always say look higher. Now strangely, I am actually bearish on Gold in the long run. However, the technical picture is showing something different on the 1D time frame. And there are conflicting trends on lower time frames e.g. The 4H is saying south is the probability.
The point is that you gotta pick a trend on a time frame and stick with it, win or lose - just make sure your losses are affordable.
So - the 1D time frame is showing a lovely theory of curves (TOC). This usually creates a probability on that time frame only for further movement in the leading edge of the curve (which is for the north). How far? How would I know? I don't own the future. If price falls out of the TOC and continues south on the 2h and 4h, then Gold could be in real trouble. This is also possible because watch the ATR trend switch on the Daily which is sharp and bearish. The 2h and 4h time frames live within it.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
GOLD: Short Trade with Entry/SL/TP
GOLD
- Classic bearish setup
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry Point - 1783.48
Stop - 1839.10
Take - 1699.72
Our Risk - 1%
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GOLD short The price has moved down from the channel and is heading towards a strong level. It can be said that this is a false breakout only after the fact, so for now I think that the price will decline to a strong August support level
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD short to support zone The price is unable to break through a strong resistance zone. The price is in the selling zone and I think that bears will dominate in the near future and the price will fall. The goal is support
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: fall to support levelGold in the short zone. They could not break through a strong level, thus there is only one road so far, an exit from the consolidation downward and an impulsive movement to support - 1763
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD short from STRONG LEVELGold failed to break through the downtrend resistance and the horizontal strong level formed in November 2021. Consolidation below the level is a hint that the price will fall. Target - support level 1754
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: consolidation below the level. Short Gold is under pressure, they tried to buy the instrument, the struggle between the participants was quite long, it is still not very clear. Consolidation is below the level, there is energy, the price may fall further along the trend. The key point that interests a major player is support 1673
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD: fall after consolidation The price made a false breakout of the strong level formed from August 2020. I look forward to a fall after consolidation below the level. The target I'm interested in is support level 1764
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: false breakout. short And so, Gold tried to change the trend, breaking through the global resistance, but this was just a false breakout. The instrument went over the level and I think it will go down to 1776
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD Short Gold rolled back downward, returned beyond the level and is consolidating at the trend resistance level. I look forward to a fall in prices after the end of consolidation. My goal is 1765
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD (XAUUSD) - Another possible view into big scale - EWSo, according with the idea that the rally is done at 2074 and we might stay into a giant ABC, this could be another possibile path of the inner wave B (the blue "abcde" as a counter-move, of the wave A), before of the big C down.
GOLD shortThe price does not go higher, under pressure from the seller, gold falls, after trying to buy off. Waiting for a fall after a return outside the 1796 border to support the range - 1761
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD: head and shouldersA transitional head and shoulders pattern has formed, hinting at a price drop. I am holding that the price will fall to support 1765.795
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD return for levelThe price of gold returns beyond the resistance level, sellers are not allowed to go above. I expect a drop along the global trend. Key target - 1765
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
we can sell GOLD now after it broken corrective up trend linewe can sell GOLD now after it broken corrective up trend line
XAUUSD
TYPE : SELL
TF : H2
ENTRY PRICE : 1804.50
STOP LOSS : 1815.00 (105 PIPS)
TAKE PROFIT : TP1: 1802.50 TP2: 1795.00 TP3: 1785.00 TP4: 1772.00
GOLD: short Gold. False breakout of resistance, return for the level, pullback and consolidation. A standard pattern for entering the market. I expect a drop to support 1765
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD: False breakout resistance. Short Gold was unable to exit the channel and change the trend to an upward one. The price went back over the level. Further only support. The key level to which I expect the price to go down is 1775
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
GOLD fall after CONSOLIDATIONThe gold price makes a false breakout and returns to the level, it remains to wait for the consolidation and further fall. My target is support level 1765
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
GOLD - I expect further lowsGold reacted to my stored target area & we could see prices in the 1700 range again.
GOLD: resistance testingAnd so, gold is trading under a strong intersection of two resistance levels. I think that after testing and a false breakout, the price may fall. The trend is downward.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
