MATICUSDTHi guys
It seems that the two entry points that we specified are low risk for entering the sale transaction.
But there is a possibility that the downward trend will start from this area.
What do you think?
Sellsignal
AUDCHF,🔴Is it bearish...?🔴(Details on caption)
Well as you can see, the price hit the daily FVG did the stop hunt, and had a bearish reaction, after the first bearish leg the price moved higher and hit the daily bearish order block and now we can see the market structure shift in the 1-hour chart, so we can expect the price move down to sell-side liquidity.
💡Wait for the update!
🗓️04/03/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
A period of excitement and optimism for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) increased to a level not seen in nine weeks, just below the $2,100 threshold, early on Monday during Asian trading hours. Speculation about potential interest rate cuts later this year was fueled by discouraging economic data from the United States on Friday. Additionally, the decline in US Treasury yields gave further momentum to the upward trend in investor demand for gold. As of now, the price of gold stands at $2,085.55, showing no change throughout the day.
According to data released by the Institute for Supply Management (ISM) on Friday, the US Manufacturing PMI fell to 47.8 in February from 49.1 in the previous reading. This marks the 16th consecutive month that the index has remained below 50, which indicates a contraction in the manufacturing sector.
⭐️ Personal comments NOVA:
In an optimistic period for Gold, Gold prices need a downward adjustment if they want to surpass the 2100 mark in the first quarter of 2024.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2064 - $2066 SL $2060
TP1: $2070
TP2: $2076
TP3: $2082
🔥SELL GOLD zone: $2093 - $2095 SL $2100
TP1: $2088
TP2: $2080
TP3: $2070
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
GBP/ AUD !! Trendline and resistance !! SELL NOW ⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Monday's trading session did not have many fluctuations, the price area touched the trendline and resistance area, setting up a SELL signal
⭐️ SET UP GBP/ AUD PRICE:
🔥SELL zone: 1.94300 - 1.94500 SL : 1.94800
TP 1 : 1.94000
TP 2 : 1.93700
TP 3 : 1.93300
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
AUDJPY - risky SHORT ideaAfter a breaking of the main bullish trend, there is a quick short movement. The price did a correction to 0.5 of Fib + supply zone combined with resistance line. This could be followed by a quick short movement to demand zone where doble bottom could be formed. There is a risk because the main movement is upwards and the correction of the main movement was done to 0.5 Fib and demand zone. This is only idea with educational character.
BTC Distribution wyvkoffBTC Distribution wyvkoff im here to telling you guys that btc had alon pumping wave and almost near to sell zone becarefull be patient
WAVESUSDTHi guys
In the medium term, our view is for an upward trend. Especially if we look at the weekly time frame, we are on the verge of a medium-term bullish trend.
But on lower time frames, it seems that the possibility of forming a downward trend similar to the scenario is very high. Support areas in downtrends are completely consumed.
As long as the price area of $2.95 is maintained, the bearish scenario with the specified price targets is likely.
The price target of $2.77 is attractive to buy the spot.
What do you think
GBPJPY SHORT IDEAAfter a good movement for the GBP there was a slightly bear movement in the last days of this week. There was one new small bear canal which has been forming during the last days. As the last candle from Friday 01.03.2024 was a bear with a significant movement for JPY we could start looking for a short idea. The best variant to enter in a position will be after a successful retest of the demand zone which now we can consider as a supply one. It is not a good idea directly to enter in the short position because we do not have a confirmation if the zone is becoming supply.
PMI !! Will Gold price adjust DOWN?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is holding steady around the $2,045 mark during the Asian session on Friday. It remains within close reach of a nearly one-month high reached the day before. The release of the US Personal Consumption Expenditures (PCE) Price Index on Thursday showed that annual inflation in January was the lowest in three years. This has raised the possibility of a future interest rate cut by the Federal Reserve (Fed). However, this has not helped the US Dollar (USD) to continue its strong recovery from the 200-day Simple Moving Average (SMA). Instead, it has become a key factor supporting the precious metal.
Despite this, a number of influential members of the Federal Open Market Committee (FOMC) have indicated that the central bank is not in a rush to lower interest rates. Additionally, investors believe that the Fed will wait until the June policy meeting before making any changes to borrowing costs. As a result, this supports higher yields on US Treasury bonds and limits the upward movement of gold, which does not generate any yield. Furthermore, the prevailing bullish sentiment in global equity markets is also acting as a deterrent for traders to make new bullish bets on the safe-haven XAU/USD pair.
⭐️ Personal comments NOVA:
Gold price continued to benefit from yesterday's US unemployment data. increase to $2050 Zone. Strong resistance zone, in Uptrend
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2032 - $2034 SL $2028
TP1: $2040
TP2: $2045
TP3: $2051
🔥SELL GOLD zone: $2058 - $2060 SL $2065
TP1: $2052
TP2: $2046
TP3: $2040
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
NZDUSD Short after a short bullish moveOverall the trend should be our friend. NZDUSD is in big bearish trend and after a sharply down movement it is time for a tiny correction. There is a bullish diviregence on the RSI 1H time frame, which may be is going to happen. Once the correction is done and the price hit supply zone it is good idea to look for a enter after candlestick confirmation or bearish diviregence on some of the oscillators.
AUDNZD Short idea - Diviregence 1H Time frameAfter a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply zone. The line for takeprofit 2 is the zone which I aim to close eventual position
OPUSDTHi guys
Our support areas have been well maintained so far. But note that our resistance areas are also reserved.
It seems that we can enter into an attractive selling deal relative to the $4.033 range, provided that the $4.285 resistance zone is maintained.
What do you think?
EURGBPEURGBP is currently in a bearish trend.
Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend.
The pair is being rejected from resistance at the 50% Fibonacci retracement level, adding confluence to the bearish bias.
what you guys think of this idea ?
1:3 Risk to reward on AUDNZD SellHere is why we are selling.
Trend:
W1: Down
D1: Down
H4: Up but it is overbought
Moving Average:
Within Daily MA
H4 pointing upwards
Pattern:
Bat on M30
Strong resistance at 1.0705
35 pip stop loss.
100 pip target
Lot of divergence on M15
BEAMX is beaming downwards #BEAMX/USDT #Analysis
Description
---------------------------------------------------------------
+ BEAMX has formed a well-defined rising wedge pattern, which typically indicates a bearish trend in the chart.
+ Should the price breach the support line, we anticipate a sustained decline in price.
+ I plan to initiate a short trade as soon as the price breaches the support line, while maintaining a moderate stop loss.
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VectorAlgo Trade Details
------------------------------
Entry Price: 0.032179
Stop Loss: 0.03804
------------------------------
Target 1: 0.03043
Target 2: 0.02921
Target 3: 0.02687
Target 4: 0.02443
------------------------------
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-20x
---------------------------------------------------------------
Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
TOTAL CRYPTO MARKET CAP AT 0.618 FIB LEVEL STAY ALERT hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GBPCAD SELL SETUP on Cambist (Private Tool)GBPCAD is making a bullish div and seems bullish from this point!
but we'll wait for the red candle closing.
NZDJPYIs NZDJPY exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 91.500.
What you guys think of it?
Sideway, weekend accumulation for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Meanwhile, yields on US Treasury bonds are increasing on the shorter end of the yield curve, indicating that investors are still doubtful about the possibility of the Federal Reserve reducing interest rates during either the March or May meetings. The most recent minutes from the Federal Open Market Committee (FOMC) emphasized that the US central bank is strongly committed to addressing inflation, despite the fact that there are more potential risks to the economy. Policymakers stressed that they would make decisions regarding monetary policy based on data analysis.
The FOMC Minutes revealed that Fed officials are still cautious about cutting rates prematurely. They stated that it would not be appropriate to lower interest rates until they have "greater confidence" that core inflation will consistently reach 2%. While policymakers acknowledged that the risks associated with achieving their mandates are becoming more balanced, they remain highly focused on inflationary risks, despite the downward economic risks.
⭐️ Personal comments NOVA:
At the end of the week, Gold price supports a sideways trend and accumulates for the next week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2012 - $2010 SL $2005
TP1: $2016
TP2: $2024
TP3: $2030
Pay attention to the sideway resistance and support areas: $2030 and $2020
🔥SELL GOLD zone: $2038 - $2040 SL $2045
TP1: $2034
TP2: $2028
TP3: $2020
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
RUNEUSDTHi guys
The bearish scenario is valid for us as long as we maintain the $6.24 area. In a way, this price zone is our loss limit.
Pay close attention to negative divergences. We have now reached a daily resistance zone.
What do you think?
Waiting for good news PMI for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold has remained largely the same following the release of the meeting minutes from the US Federal Reserve (Fed) in January. These minutes provided assurance to market participants that the Fed does not have immediate plans to reduce interest rates. Although this could be interpreted as a "hawkish" stance, US Treasury bond yields remained stable upon the release, while the value of the US dollar (USD) slightly decreased by 0.04%. Currently, the XAU/USD is trading within the range of $2020-30.
⭐️ Personal comments NOVA:
After yesterday's FOMC meeting, Gold prices still maintained the cumulative sideway trend, with not much change in concerns about inflation.
The war situation in the Middle East is still a factor helping Gold maintain above $2020
It is expected that today's PMI news will still help Gold have more motivation to increase in price
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2010 - $2012 SL $2005
TP1: $2018
TP2: $2024
TP3: $2031
🔥SELL GOLD zone: $2038 - $2040 SL $2045
TP1: $2030
TP2: $2020
TP3: $2010
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
FOMC factor determines the upcoming trend of Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Trading in the US resumed on Tuesday following the Presidents' Day holiday on Monday. The yield of the 10-year US Treasury bond decreased by four basis points to 4.256%, indicating a slight decline. Surprisingly, despite concerns about the US Federal Reserve (Fed), investors remain cautious as data from the Chicago Board of Trade (CBOT) predicts a smaller rate cut of 102 basis points in 2024, compared to the previous estimate of 180 bps in mid-January.
However, the US dollar (USD) is currently stagnant due to the absence of economic data on the US agenda. Traders are eagerly awaiting the release of the minutes from the latest Federal Open Market Committee (FOMC) meeting.
⭐️ Personal comments NOVA:
Gold's recovery still shows the market's optimism in the precious metal at present. Gold price is close to the $2030 resistance zone and shows quite a large buying force.
Today's FOMC meeting information will determine the upcoming short-term trend
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2010 - $2012 SL $2005
TP1: $2018
TP2: $2025
TP3: $2032
🔥SELL GOLD zone: $2038 - $2040 SL $2045
TP1: $2030
TP2: $2020
TP3: $2010
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
