Shortsetup
13 Rand per dollar is comingremember my previous rand idea, this is what it is based on.
Daily timeframe we sold around 19 rands, because we had just completed a correction cycle Y which is a top when looking on the weekly timeframe.
From 19.80 rands we have been in a sideways correction, so for the correction cycle to be complete, we need to break below 17.60 and break above it again, otherwise we will continue dropping till 13 rand, which is my hopeium target for rands.
GBP/ USD !! Resistance zone H4 !! SELL ⭐️ Smart investment, Strong finance
⭐️ GBP/ USD INFORMATION:
The GBP/USD pair remains above the 1.2800 level in early Asian trading on Friday, supported by selling pressure on the US Dollar. Focus will be on the US labor market data for February. GBP/USD is currently trading around 1.2810, up 0.01% on the day.
Federal Reserve Chair Jerome Powell presented the Monetary Policy Report and discussed potential interest rate cuts during a Senate Banking Committee meeting on Thursday. Powell suggested that rate cuts could happen soon if inflation signals cooperate, but did not provide a specific timeline. Investors anticipate the first cut to occur in June, with a total of four reductions by the end of 2024, amounting to a full percentage point decrease.
⭐️ Personal comments NOVA:
Resistance zone H4, buying force weakens, setting up SELL signal
⭐️ SET UP GBP/ USD PRICE:
🔥SELL zone: 1.28050 - 1.28250 SL 1.28550
TP1: 1.27700
TP2: 1.27300
TP3: 1.27000
⭐️ 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
#MATIC #MATICUSD #MATICUSDT #Polygon #Short #ShortSetup #Eddy#MATIC #MATICUSD #MATICUSDT #Polygon #Final #Update 'C' #Short #ShortSetup #Eddy
I'll Think Its Time to short Crypto ;-)
It's My New short setup on Polygon Matic <3
We are in the heavy supply order block range of the daily time frame, which is in the heart of the order block of the weekly time frame!
You also enter into sales short positions after checking the multi-time frame and getting the necessary approvals & at your own risk.
Related Analysis of Polygon Matic : (( MATIC/USDT )) : Check Link :
Polygon Matic Short Setup in #Update 'B' : (( MATIC/USDT )) : Check Link :
(( We got 19% profit in update 'B' ))
#XAU #XAUUSD #GOLD #Short #ShortSetup #Eddy#XAU #XAUUSD #GOLD #Short #ShortSetup #Eddy
I'll Think Its Time to short Gold ;-)
In the monthly time frame, it looks like we have the third collision and the completion of the monthly divergence.
What you think!?
Related Analysis of Gold : (( XAU/USD )) : Check Link :
GBP/NZD Possible Head and Shoulders Pattern Can Be Caught Soonon the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern.
i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our top will be the head and our bottom will be the neckline. at 61% or 71% fib level we can expect the point of the right shoulder. you can put a limit sell order or wait for a bearish price action around those levels
GBP/JPY Reversal pattern will Change the Direction Of The PairAfter moving to the upside for very long time on all time frames, we are witnessing a great reversal pattern on this pair referring to a big change in the main direction of this pair.
the pattern is double top on the 4 hours timeframe.
we can enter a sell trade on this pair directly or we can wait for a little re-tracment and retest of the neckline, from there we can enter a sell trade and our target will be around 200 to 250 pips.
BITCOIN KEY LEVELS!There is a very nice range shown on the BTC chart!
I mapped out these levels to make it easier for you to see where the LONG opportunities and SHORT opportunities are.
Let me know your thought sin the comments below
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Potential Short on SPXPX is currently in an ascending wedge with bearish RSI divergence wait for a break of trendline and retest of support before taking a position with stoploss at last swing high and target at next area of support, moving SL to BE when safe to do so and then follow with a trailing stop looking for a bigger move down. Good luck traders.
BTC → Distribution continues?Hello everyone!
We are approaching a global high.
I expect liquidity drain and further fall to the big fvg formed at 1 month
In this month we will see the formation of a reversal formation and the beginning of the depreciation of the asset!
Also globally volumes are showing at fvg 1m - good indicator!