Shortsetup
NPF shark pattern Bearish #eurusd DONT TRADE NEWS BUT LOOK AT ITHONESTLY
WOW!!!! THIS IS THE REASON WHY I DON'T TOUCH NEWS... i trust my analysis but its usually a 50% odd that a trade will go in my favour with high impact news lol
Still this eurusd trade would have been sweet, if i had the balls to trade news lol
SMCI is pumped up to the stars on 100% pure speculation.SMCI - Super Micro Computer, Inc. has been on an absolutely incredible run for quite some time. However, the sheer amount of FOMO that has rushed into this stock has literally driven it to the moon on nothing but pure speculation. But that momentum is about to come to an abrupt end!
Here soon, you're going to see the buying flip to selling as the shorts start to enter into massive short positions. As the price falls, stop after stop will be taken out in rapid succession, causing longs to panic and add to the selling...
First, it will drip, then it will start to gush, then a spark will ignite, and within hours the whole shithouse will go up in flames!
When this collapses, millionaires will be made in a matter of hours, and many longs will become bag-holders squared!
Watch...
ADAUSDT.P Aggressive Trend TradeAggressive Trend Trade 2R
- long impulse
+ biggest volume T1 level
+ biggest volume 2Ut-
+ weak test
+ better the the first closed bearish bar entry level
Calculated affordable stop loss
1 to 2 R/R take profit
Daily chart context
+ short balance
+ CREEK level
+ resistance level
EURUSD Short Trade 24-01-29: Trade Signal EURUSD Short Trade
24-01-29
*Trade Price Levels*
1. Risk Entry (Pending Order)
Pending Order Price : 1.08700
Stop Loss Price : 1.09100
Take Profit : 1.08100
Risk to Reward Potential
-1 units of risk for 1.5 units of gain
-Note: Needs a win rate or 41% or above to be a profitable trader
-Will Track Feb Signal Win Rate
A. Will track risk entry win rate and confirmation entry model win rate
B. Based on data that will determine risk profile for Prop Firm Funding (More Aggressive Risk Profile)
Cons For Trade
A. Price is in the discount of the swing range
(should sell from premium and long from discount)
B. Price could use the demand zone from the daily to drive (hawkish) Price through zone above making higher highs and lower lows
C. Price broke key price level of 1.0800 (more neutral)
Pros
A. Double zone supply zone coverage with stop loss being big enough to let the trade breathe a bit
B. The first Mitigation of a zone often fails leading to price moving up and then going deeping (bearish) towards the strong swing structure below
C. The overall trend is more bearish than bullish
Fundamental Drivers
A. Price Broke 7 week low of 1.0800
B. Central Bank rates remained unchanged
C. President Lagarde is more dovish than hawkish
'GBPJPY' Big Profit So , as we can see that now every time GBPJPY breaks its high it falls 8000 pips somewhere which is marked in it chart now what you guys have to do for the trade is that wait for GBPJPY to break its latest high and then go up for at least 1% then you have to see for LH LL and then enter the trade and after the new high the market will fall and a high chance that it will fall for 8000 pips or more than that because of the interest rate decision and we all know that banks don't buy at tops but they sell it on top and buy at bottom so guys be with them and win.
If there is any doubt or advice the comment and if you do like my idea , trade or plan then give it a boost and try to trade this plan and do try this on your chart too you will understand the move and the trade I planned.
Analysis on - 1D time frame
PRO TIP - For people who are stuck in GBPJPY shot i have a tip for you guys that you guys have to keep and eye on Japan interest rates because it's the factor which is driving the price of GBPJPY and try to get a buy when market falls again for 8000 or 9000 pips and try to hedge you ACC and then whenever market breaks the new highs then you guys have to take a small risk and open a trade at the new top after seeing the LH LL and cut the buy you guys took at the bottom which will help you recover your ACC
Missed Idea shark pattern AUDJPY short setupThe same applies every time I look for entries with that shark pattern, I first look for an ABC PATTERN. Then set the fib tool to identify pull backs.. sit and wait for the market to give me a signal and take the trade.
I've passed funded accounts with this method and still doing it. i usually aim for a 1:2 or 1:8 RR it really depends
USDCAD !!! 31/1/24 TREND DOWN ! SELL NOW ⭐️ Smart investment, Strong finance
⭐️ USDCAD INFORMATION:
During the early Asian session on Wednesday, the USD/CAD pair ends its four-day losing streak. The recovery of the pair is supported by positive US job openings and consumer confidence data, which contribute to the strengthening of the US dollar (USD). The focus is now on the Federal Reserve (Fed) monetary policy meeting scheduled for Wednesday, where no changes in interest rates are expected. Currently, USD/CAD is trading at 1.3405, showing a 0.04% gain for the day.
Unexpectedly, the number of available jobs in the US increased in December to 9.026 million, as reported by the Bureau of Labor Statistics on Tuesday. This marks the first time that job openings have surpassed 9 million since September. In addition, the Conference Board Consumer Confidence index rose to 114.8 in January, compared to the previous reading of 108.0, reaching its highest level in two years.
⭐️ Personal comments NOVA:
The long-term price range is still in a DOWN trend, the next bottom is gradually lower than the previous bottom. Touching the trendline sets up a SELL signal. CAD economic data also does not have much important information
⭐️ SET UP PRICE:
🔥SELL USDCAD zone: 1.34200 - 1.34350 SL 1.34800
TP1: 1.33900
TP2: 1.33600
TP3: 1.33300
⭐️ 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
USDJPY|FIRST LONG THAN SHORT!We see the USDJPY in the one-hour time frame.
In the upward trend that was previously in the form of an upward channel, this channel has broken down and broken its support level.
In the continuation of its downward trend to enter sales positions.
Important areas of supply and demand are drawn on the chart.
In the returns to the supply areas that I have drawn, enter sell positions with confirmation.
My target for long positions is the supply area of 147.50.
For short positions, the demand area is 146.70.
NZDCHFNZDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level.
If the sell momentum continues the next target could be 0.5240
What you guys think of this idea?
Short on US30 US30 has broken out to the downside of an ascending wedge with the trendline going back to the start of November with bearish RSI divergence. Entry on break of support and target at next resistance level @ 36300, I will also keep an eye out for a fib retrace level @ 34200. Happy trading.
Gold price is recovering, this week ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is unable to take advantage of the previous day's strength above the 50-day Simple Moving Average (SMA). Instead, it is moving within a narrow trading range during the Asian session on Tuesday. Despite remaining below the $2,040-2,042 supply zone, the precious metal is still within a familiar trading range as traders await more clarity on when the Federal Reserve (Fed) will begin cutting interest rates before making any new bets. As a result, all eyes will be on the outcome of the highly-anticipated two-day FOMC monetary policy meeting scheduled to be announced on Wednesday.
As investors prepare for the significant risk associated with the central bank event, they are reducing their expectations for a more aggressive Fed policy easing in 2024 due to the resilience of the US economy. This is seen as a major obstacle for the non-yielding gold price. However, declining US Treasury bond yields are providing some support. Additionally, the escalating crisis in the Middle East is expected to limit the downside for gold as it serves as a safe-haven asset. Traders are now focusing on the Prelim GDP data from the Eurozone and the US macro data, including the Conference Board's Consumer Confidence Index and JOLTS Job data.
⭐️ Personal comments NOVA:
Gold price increased before federal and NF interest rate information this week, expectations of recovery this week are very high
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2012 - $2010 SL $2005
TP1: $2020
TP2: $2028
TP3: $2038
Note the Scalping BUY support zone 2022-2024
🔥SELL GOLD zone: $2048 - $2050 SL $2055
TP1: $2044
TP2: $2038
TP3: $2030
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
GBPUSD Possible Triangle BreakHi Traders!
A symmetrical triangle is forming on the GBPUSD 4H chart, and we could have a breakout soon.
Here are the details:
The market has found support and resistance at both the trendline support and trendline resistance of the triangle, as the market is looking for a direction.
Looking at the price action, it looks bearish; we have had multiple tests at the trendline support and have broken below the 20 EMA. The market is currently trading on the trendline support, and we are looking for a break and a close below the trendline.
As long as the market stays below the 20 EMA, our view will remain bearish. We expect some more consolidation before a possible attempt at the trendline break.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Resistance: 1.26947
Support: 1.27674
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Trade safely and responsibly.
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.
GJ major sell possibilityGoing over the current market structure it has rejected the continuation of the uptrend 5 times in my marked up zone.. that being said I think we might be in for a major move down.
I have marked my entry below the lows of the liquidity areas and my stops halfway up the highs to minimize risk but still allowing the market to grab liquidity before moving bearish.
*Other scenario would be if the market passes my marked zone we could be in for a continuation of an uptrend*