Shortsetup
Short position on RLCUSDT 49Min/ Trading SetupBINANCE:RLCUSDT
KRAKEN:RLCUSD
Market can start a high volatile movement, so be don't forget to risk-free your position.
Mid-risk status: 4x-5x Leverage
Low-risk status: 2x-3x Leverage
⚡️TP:
On the chart
➡️SL:
On the chart
🧐The Alternate scenario:
🔴If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
BTCUSDT & SOLUSDT, Sun 11 Aug!My expectation and prediction that I mentioned on Friday and Saturday,
With a delay of 48 hours, it was formed today.
Assuming that my price range is from the highest price this morning until now (the lowest price),
And assuming that the market is bearish,
- I expect that the price in this range will go up (a pullback).
- Enter the premium area in this domain and then start its downward movement again
- Today is Sunday and I don't want to trade, but I will watch the PM session.
- My plan is, if the price reaches the premium area (above 50% Fibo) and declines between 62% and 78% Fibo, I will take a short position.
- Now this may happen this afternoon or tomorrow or Tuesday.
Wish had Nice weekend & Happy Trade !
Note: I don`t trade BTC, I trade SOL only and Get confirmation from BTC Price Movement!
Its only my Idea and its not offering buy or sell!
XAUUSD/BUY TO SELL NARRATIVES Hi Guy
Happy weekend,I’m anticipating a potential buy to sell setup on the yellow metals,as price is Gradually getting closer to a H1 key-level
Alternatively GOLD remains bullish as we have seen in recent weeks,but looking at the CPi and FEd report coming up this week and hopefully next,they should serve as ideal catalyst for the move
USD/JPY breaking down from channel support line..!The Japaneese yen is getting stronger after the japaneese stock market is crashing. People panic selling stocks to buy Yen.. The 12.4% loss on the Nikkei stock was the worst day for the index since the “Black Monday” of 1987.
Looking at FX:USDJPY we have broken down from the trading range we have been in since DEC 2022. We could now go up for a re-test of the channel resistance line before further downside could be the next moove.
Next demand zones should be at about 137 and 131 and i look for a short opportunity at the re-test of channel resistance line.
Make sure to follow me on X for weekly trade analysis: @PuppyNakamoto
BNX price movement projection / (Pay attention to the details)BINANCE:BNXUSDT
GATEIO:BNXUSDT
Hello Traders
Until end of this week, BNX can give us two possible good positions in two sides.
Short movement:
Price needs to retest lower supports to gain the stability for an upward pullback to near 1.65.
So with a SL near the nearest important resistance in 1.4968, you can open a short position with a near target of 1.28-1.18
and a far optimistic target near 1.05
Long movement:
After price stabilized and gain volume between 1.1618 - 1.3474, only if nothing outside the box (Like start of a war😟 or anything else)happens to the market, BNX can retest resistance near 1.48-1.5 and after that start a movement to near 1.65 level.
The timing for the positions on the chart are not precise.
Pay attention to VRVP closely.
$ABNB Doomed: Stock to $50 (-50%) NASDAQ:ABNB Doomed: Stock to $50 (-50%)
Occasionally in your career, you get a really clear signal. The technicals, fundamentals, and narrative all line up perfectly.
I dislike this company, its business model, and the fact that it enables even more Boomers and private money to take family homes off the market. The hosts are adversarial, controlling, and almost certainly spying on you.
Airbnb can only thrive under the halcyon conditions of low interest rates, easy money, and consumers with disposable income. None of this is true, or likely to be true in the coming 24 months.
Americans are declaring bankruptcy at record levels, real wages haven't been lower in a lifetime, and inflation has reduced vacations and luxuries to a trip to McDonald’s. Not joking—a recent headline declared that nearly 80% of Americans consider McDonald's a luxury.
Many hosts are overburdened and overleveraged with mostly vacant properties. Unsurprisingly, hosts' profitability is sinking, and as soon as we see home prices or consumer sentiment start to shake, many of these owners are going to sell. This will fuel a spiraling doom-loop, driving the stock down to as low as $50 by next summer.
The trade: Rejection at the lower highs of '22 and '24 (in yellow) has set up the rising wedge we just broke down from. In the same way rejection at $200 in '22 saw a -60% move, I believe rejection at $170 this year has set us up for another leg down in a precipitous drop.
Short from $125 to about $65. If you're not already bearish and short, look out for a bounce and gap fill to $120ish, before brutal rejection below $100. Get some popcorn; it’s going to be wild.
BTC scalp - August scalping journey trade Nr. 2 Trying this risky setup on BTC after 30min FVG got tagged and we are at the 3D VAH. Aiming for the 3D VWAP but please recognise the risk here.
Break up of the setup 👇
30-Minute Fair Value Gap (FVG):
The 30-minute Fair Value Gap (FVG) is a key level identified on the chart. This gap indicates an area where the price moved rapidly without much trading in between, creating a potential zone for price to revisit and balance out the prior inefficiency.
3-Day Value Area High (3D VAH):
The current price is at the 3-Day Value Area High (3D VAH). This is a significant point derived from volume profile analysis over a three-day period, indicating the upper boundary of the price range where the majority of trading volume occurred.
Price Action and RSI:
The price has shown a recovery from a recent low, moving upwards to tag the 30-minute FVG. The RSI (Relative Strength Index) is displayed at the bottom, providing insight into potential overbought or oversold conditions.
Trading Strategy:
Entry Point:
The entry is based on the price revisiting the 30-minute FVG, an area often revisited for price correction and liquidity purposes.
Target:
The primary target for this setup is the 3-Day VWAP (Volume Weighted Average Price). The 3D VWAP is a dynamic indicator representing the average price of the asset over the last three days, adjusted by volume. It is a key level where the price is likely to find support or resistance.
Going to take profits on the way down and moving my stop loss to break even.
Considering the high-risk nature of this trade, appropriate position sizing is essential. Avoid over-leveraging and ensure that the potential loss is within your risk tolerance.
BTCUSDT, Wed 07 Aug, Expecting Big Short after Long !The price of Bitcoin has entered premium from the discount area since Monday.
But it has not yet reached 62%.
It seems that today will form the maximum price of the week.(High of This Week)
By crossing yesterday's High and reaching a FVG or EQL,
And if it breaks the market structure with two or three bearish candles, it is expected that another profitable short position can be taken.
XAU in bearish range - holding below 2420⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is facing selling pressure for the fourth consecutive day on Wednesday, but it maintains a position above the weekly low. Recent sharp losses and signs of stability in global equity markets are affecting the appeal of gold as a safe haven. Additionally, slight strength in the US Dollar (USD) is putting more pressure on gold.
However, expectations for significant interest rate cuts by the Federal Reserve (Fed), coupled with ongoing recession concerns in the US, may prevent substantial gains for the Dollar. Moreover, worries about an economic slowdown in China and potential geopolitical tensions in the Middle East should continue to support gold prices and reduce the risk of further declines.
⭐️ Personal comments NOVA:
Gold price within range decreases H1 - sideway zone waiting for market stabilization within range 2370 - 2420
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2351 - $2353 SL $2346
TP1: $2365
TP2: $2378
TP3: $2385
🔥SELL GOLD zone: $2419 - $2421 SL $2426
TP1: $2410
TP2: $2400
TP3: $2390
⭐️ 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
BTCUSDT & SOLUSDT, Tue 06 Aug, Some Trade Scenarios for PM Se.!The Both price of BTC and Sol are playing in 50% Fibo Level.
In London Session Could get short position.
In NY session, I couldn't get Long Position. Who got this long is Smart one!
The Market is Bullish,
Maybe
- Have sharp upward price Movement till 62% Fibo
Or
Maybe
- Can get short.
what do you think? Short or Long?
I think after 13:30 can get decide or a lit clear to Long or Short!
Please send your comment & share your ideas & Boost my Idea!
Thx in advanced!
Markets fear recession - XAU falls⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) hit a one-week low on Monday, but managed to defend and bounce back from the 50-day Simple Moving Average (SMA) support around the $2,365-2,364 area. Softer incoming US macro data heightened concerns about a potential downturn in the world’s largest economy and increased expectations for more significant interest rate cuts by the Federal Reserve (Fed). This situation led to a recent decline in US Treasury bond yields, which, together with the escalating Middle East crisis, provides some support to the safe-haven precious metal.
However, a shift in risk sentiment, indicated by a relief rally in the equity markets, could pose a challenge for gold prices amid recovering US bond yields, which support the US Dollar (USD). Nonetheless, the overall fundamental backdrop seems to favor bullish traders, suggesting that the path of least resistance for XAU/USD is upward. Therefore, weakness below the $2,400 mark might continue to attract buyers and remain limited in the absence of significant US economic data releases.
⭐️ Personal comments NOVA:
The financial downturn on Monday, due to concerns about the US economic recession, caused the price of Gold to fall sharply, and there was still selling pressure from the bears when there was not much important economic news today.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2373 - $2375 SL $2368
TP1: $2382
TP2: $2390
TP3: $2400
🔥BUY GOLD zone: $2386 - $2384 SL $2380
TP1: $2392
TP2: $2400
TP3: $2410
🔥SELL GOLD zone: $2428 - $2430 SL $2435
TP1: $2420
TP2: $2410
TP3: $2390
⭐️ 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