VISA Potential for Bearish Trend Initiation🔹 Last week, VISA experienced a decisive break below a long-standing ascending channel, marked by an unambiguous weekly and daily close. This occurrence constitutes a potential bearish signal, which may swiftly herald the commencement of a substantial downtrend.
🔹In scrutinizing Fibonacci retracement levels, it is notable that a definitive rebound materialized at the 61.8% retracement mark, only to be succeeded by a consequential downward breakout. Moreover, attention must be directed to the 361.8% Fibonacci level, which serves as a prospective ultimate downside target. This is underpinned by the prospect of creating an advantageous risk-to-reward trading setup.
🔹This situation offers a lucrative selling opportunity, and our detailed trade setup has been disseminated within our channel.
Short-signal
IMXUSDT's Risk-Reward Potential for Sellers⚪IMXUSDT has demonstrated prolonged respect for the supply zone, affirming the endurance of the long-term downtrend.
⚪This suggests a potential continuation of the price decline.
⚪The current upside pullback, though, presents an appealing risk-reward opportunity for sellers. 📉👀
Trade setup already shared in our channel!
Profit Potential Alert: Shorting HPE at Supply Zone!HPE is revisiting the supply zone, marking an excellent selling opportunity. We're seizing this chance to go short at the current price.
Our outlook suggests a significant price decline, with focus on two support levels: one around the double Fibonacci near $14.2 and the other at the key demand zone around $13.8. This aligns with the downtrend trendline, expected to serve as additional support.
All details, including stop loss, take profit levels, and real-time updates on trade exit are shared in our channel.
CVX (Chevron Corp) Updated ChartIn these analysis we are updating our potential downside target, which is now much higher than we originally had. The RR becomes simply huge, which would be extremely profitable if target will be reached.
As always, we are posting exact signal with stop loss and take profit in our channel.
🔥 Bitcoin Short-Term Outlook Very Bearish: Prepare For Dump 🚨After trading relatively bullish for nearly a month, the bears are back in the game on the BTC chart. The diagonal purple support has failed and the bears have pushed through.
Most important thing of the break out has been the retest of the support as resistance, which nearly always confirms the change in direction.
I'm waiting for BTC to fall through the local lows of 26,500 before considering an entry. Target at the September lows, stop just above the most recent local high.
Note the yellow support. This can cause a short-term reversal due to shorters taking profits and bulls buying from support.
CVX downtrend intactAfter the breakout of the uptrend trendline, on a pullback, the price found resistance at 38.2% Fibonacci retracement level. We are looking at this short opportunity while watching the most recent high.
Overall, CVX is expected to drop down to the key Fibonacci support, which is a 61.8% retracement level.
GOLD: Short Trade with Entry/SL/TP
GOLD
- Classic bearish formation
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry - 1887.51
Sl - 1898.59
Tp - 1870.88
Our Risk - 1%
Start protection of your profits from higher levels.
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GOLD: Short Signal Explained
GOLD
- Classic bearish setup
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Sell GOLD
Entry Level - 1913.39
Stop Loss - 1923.94
Take Profit - 1897.46
Our Risk - 1%
Start protection of your profits from higher levels.
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GC1!: Short Signal with Entry/SL/TP
GC1!
- Classic bearish formation
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GC1!
Entry Level - 1976.8
Stop Loss - 1993.9
Take Profit - 1951.2
Our Risk - 1%
Start protection of your profits from higher levels.
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USOIL: Short Trade with Entry/SL/TP
USOIL
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Short USOIL
Entry Point - 79.76
Stop Loss - 81.35
Take Profit - 77.37
Our Risk - 1%
Start protection of your profits from higher levels.
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