EURAUDPrice is bearish so I’m simply looking for a retest of broken support. Once price retraces to retest broken support, I’ll look for sells/shorts towards weekly support (1.58700).
Sells
Union Pacific - Confirmation of Support LossThe approach and alignment of Fiboclouds below the support line should be interpreted, in the current chart context, as a strong indication of an increased probability of value loss.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
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Gradual Gold meltXAUUSD analysis:
Gold has broken the descending trend-line that was connecting the bodies of the candles on the 4H this was (also acting as a resistance) line holding price.
Another descending trend line has been issued this time wick to wick to see if we have a fighting chance on the 4H but if this one will not hold we might see price approach the next major resistance area @ 2401.93.
AU D Sell Idea 3/10/24The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone.
On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24.
Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
UCAD 8H S Idea 4/20/24Looking for the 8H H&S to complete with price dropping at least to the daily 50% FIB level. This is also the 8H high from 4/5/24.
This area is:
-the Monthly bullish .382 FIB level
-the Previous month high
-the Weekly level of 4/7/24
-the 8H 4/5/24 High
Price will either:
-break and retest at this area to continue bearish
-price can reverse in this area to continue back bullish
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BUT price could very well continue bullish at market open as well.
We'll have to wait and see what the market decides to do from here
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
NAS100 SellsNAS appears to have completed that indication and created new low (16980). The correction is now playing out and it came all the way back to that area of consolidation (17650 - 17850).
A drop and close below 17470 area, will give possible indication for sells, back down to 17030 area.
EU D Bearish Idea 3/17/24There is a chance that price could continue bullish from here, BUT I can NOT ignore the fact that there is a weekly head and shoulder possibly printing. Which will send price bearish for quite a bit.
On top of price not really breaking this area of price since 2021. This is a key level of price for EU. There has been 4 bearish engulfing candles in this area on the monthly, plus if you FIB the last bearish swing on the monthly price is at the 50% area of that FIB.
Last week printed a M on the daily & broke the neckline. Looking for the retest of the neckline and price to continue bearish. If price engulfs bullish I will adjust and look for buys
Daily H&S Potential Head & Shoulders pattern on daily chart if it broke 1.06981then it will keep bearish market for a long time
SELL EURUSDAfter pulling back on monday EURUSD is ready to takeout yesterdays Asia low. I expect price to drop from here 1.0850, targets below 1.0817 stops above 1.086. Use proper risk management.
Snipergang
Arnoldotradergang
Eu Effortless SellsSimple but effective sells on Eu.
Keep it stupid simple
Eu was selling, I don't like guessing, so I sold in accordance with the momentum.
My entry was based on price stop hunting a level on the lower timeframe. Momentum is the key to make my strategy work. If there is no momentum in the market. My strategy will fail almost every time.
This trade went up to 1:4 Risk reward but is currently floating at 1:2.66 RRR. My stop loss is at break even at this point as well so I am just chilling waiting to see what happens next.
Follow for more updates. Godspeed to all traders
AU D Sell Idea 2/24/24Looking for price to sell down during the upcoming week. There are several inverted hammers leading up to the end of the week with very long wicks.
Price is also under the 200/50 EMA.
EJ 4H Sell Idea 2/25/24Price is at the highs of Nov '23.
Double tops are forming on the 4H and below.
Looking for the M to complete on the 4H at a minimum before returning to bullish price movement.
Price could very well continue bullish from where it currently is, but we shall have to wait and see.
GBPAUD TO JUNE 2023 LOWSWe see a huge bearish factor as price retraces to the resistance zone and the 800EMA, an 800EMA rejection especially on the weekly is a huge factor, as this is projected we expect price to get to Trend Line 1.85013.
NVDA Short SwingAfter a very big bull phase on the NVDA Stock, we start to see some reversal pattern on the 1.618 fibonacci level of extension. We can see the formation of lower lows and a stop hunting at the top (and near the extension level we are looking at).
What are we looking from ?
First we want to see the recent gap to be filled on this swing position (around the $315.0 level and the $306.0 50% of Fibonacci will be great but we can also see the $280.0 level of interest).
Then potentially, we can wait to see a bounce on this level for a long (but we are not here for now).
For me it's a strong short bias on this asset with decent R:R.
Great Trade !
[BTC] Bitcoin Short Setup TriggeredAs a very opptimistic on the Crypto Assets (and even more on BTC), I am not really into short on those assets, but here we have a short opportunity for a corrective move (still very strong bullish on the long term for me regarding technical and fundamental aspects).
About the setup we have here :
On the daily timeframe we can see a very extended price and then a clear rejection of the $38.000 round level with a great fake-out and absorption of the price by the sellers. So what we are looking at can probably be a stop hunting to fill into the liquidity and move the price lower now (by the big hands).
This is not a short trade signal mainly but can also be a warning for the long positions to exit a little part by taking some profits (we will have other levels to enter for more long).
Great Trade !
GOLD XAUUSD Sell ideaAs gold approaches our level where we look for the candle on the 5m candle to close we are anticipating sells to be taken here with the possibility of 1930 being tapped as a potential TP
This is a scalp so as always fast and aggressive take profit will be done
BEARISH DXYDollar index has been on an upward trend. Recently it broke below it. Today we have seen a retest of this trendline. I am bearish on the dollar index. Targets as low as 105.450 Use proper money management.
GOLD scalp ideaLooking for gold buys or sells depending on where the FIVE MINUTE candle closes respective of the levels marked in the chart
Gold has seen a strong push to the upside and I don't believe it's completely exhausted yet. However, that does not mean price action won't play out on smaller timeframes.
Gold 4H Sell Continuation Idea 9/30/23At market close, price has closed below 50% of the 3/13/23 D B FVG, but price is in the top 50% of the 3/17/23 4H B FVG. PLUS price closed with a bearish engulfing on the 8H. Since price is in a downtrend I am looking for price to continue down another 300 pips to the 2023 yearly open. Depending on the type of trader you are I see 3 possible entries from where price currently is:
1. 4H S Fractal
If you trade fractals you should already be in this trade. You may see some pull back, but until I see some bullish pressure, I'm looking for price to continue a good 300 pips to the 2023 yearly open
2. 4H B FVG
If you are a counter trend trader, you can get a good 140+ pips out of a possible pullback to the 4H S FVG that has been created in the drop before market close Friday 9/29/23. If not stay out and wait for more sell confirmations to get back in the sell
3. 4H S FVG
If price does pull back, I'm not looking for more than a good 150 pips into the gap that was created at Friday market close. So from there you can catch the sell continuation down to the 2023 yearly open minimum. The next low is WAY below that.
As we know, price does what it wants to do, so be careful and wait on your confirmations. Happy Trading!!
Gold 4H S Idea 9/23/23Looking for Gold to continue bearish when market opens. Price is currently wicking and refusing to go higher at market close on Friday. There is a 4H liquidity zone where price is refusing to break. I'm expecting a 4H sell fractal to print after market opens. Lets see what happens
XAUUSD Gold breakdown MonthlyMonthly chart shows one thing. STRONG rejection. And where there's a strong rejection, there's a chance of a price reversal.
How does this coincide with what we are looking for? Well, August monthly candle did not have a top wick. If we can get a top wick created for the previous months candle then September SHOULD see a sell off going into the end of 2023.
Target long term if you're taking swing sells remains the 1800 level.
