GBP/CHF Sell setup 94 Pips Weekly timeframe
Price has massive rejection with wick on top so we could see price retrace to 31.8% fib as it broke the structure
H4 Timeframe
Price has broken the wedge to the downside and now the price has retraced to the 61.8% fib level and we see weakness on momentum to upside, so price is forming downward trend so we shall see a continuation to fill the wicks
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Shortsetup
NASDAQ: Potential Bearish Reversal - Short SetupThesis:
Geopolitical uncertainty (war) may trigger risk-off sentiment.
Sideways price action suggests distribution pattern forming.
Bearish divergence on higher timeframes indicates weakening momentum.
ABCD pattern supports a potential reversal from the distribution zone.
Entry:
Short below the distribution support level (yellow rectangle on your chart).
Stop Loss:
Above the distribution resistance level (yellow rectangle on your chart).
Target:
Open to interpretation based on your risk-reward profile, but consider key support levels below.
Risk Management:
Clearly define your risk tolerance and position size before entering the trade.
Notes:
This is a swing trade idea, so a longer time horizon may be required.
Keep an eye on news and economic data releases that could impact market sentiment.
Manage your trade actively and adjust your stops as needed.
ETH: 3.000 is important zone📊Analysis by AhmadArz:
🔍Entry: 3080
🛑Stop Loss: 3185
🎯Take Profit: 2986 -2859 -2736 -2622
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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TIA: sell in high reng📊Analysis by AhmadArz:
🔍Entry: 10.95
🛑Stop Loss: 11.85
🎯Take Profit: 10 -9.18 -8.17
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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BTC - Potential Pre-Halving Mega BreakdownHere we see a major trend line on the weekly, daily timeframe. Currently price is underneath the trend line (located around 64,400).
I’ve marked major supports in white - depending if this plays out, we can potentially see one of these major low zones hit - significant to note the timing with the BTC halving period and also DXY bearish retest on HTF.
Personally I am short per this chart.
BTC !! Adjust before HAVING zone 60,000⭐️ Smart investment, Strong finance
⭐️ CRYPTO INFORMATION:
Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors.
Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence chief's statement suggesting a potential strike on Iran's nuclear facilities has heightened tensions and caused panic among investors. As a result, many are seeking refuge in traditional assets like gold and silver, further impacting Bitcoin's price.
Secondly, Federal Reserve Chair Jerome Powell's recent hawkish stance has added to the market uncertainty. In a Tuesday announcement, Powell expressed the Fed's continued lack of confidence in inflation levels. He indicated that interest rates may remain higher for an extended period. This unexpected reversal caught the market off guard, as it had been anticipating a rate cut in June. Now, there is doubt regarding the possibility of any rate cuts in the near future.
Lastly, the ongoing COVID-19 pandemic and its impact on global economies have also played a role in Bitcoin's price crash. As countries struggle to contain the virus and deal with its economic repercussions, investors are becoming increasingly cautious and seeking safer investment options.
These catalysts, combined with other market factors, have contributed to the current decline in Bitcoin's price.
⭐️ Personal comments NOVA:
BTC corrects around $60,000 before HAVING. Price range $50,000 - $52,000 is a good price range for the uptrend period to begin
⭐️ SET UP BTC PRICE:
🔥SELL BTC zone: $64.200 - $63.900 SL $64.700
TP1: $63.000
TP2: $61.500
TP3: $60.000
🔥 BUY BTC zone: $60.000 - $60.200 SL $59.400
TP1: $61.500
TP2: $62.200
TP3: $63.000
⭐️ 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
BTC on the way downBitcoin (BTC) against Tether (USDT) is currently priced at $69,731. After an unsuccessful retest, it is anticipated that BTC will undergo another retest before plummeting to a support level of $52,500 to $52,800. The unsuccessful retest indicates a potential weakening in the buying momentum, leading traders and investors to anticipate a decrease in price. This forthcoming retest is viewed as a critical juncture; if Bitcoin fails to maintain its position or show strength, it may trigger a sell-off, driving the price down to the identified support range.
MFI on 4h looks, so there can be some trap, ADX low, lets hope it is safe to open position.
1. Target 53 000
Gold is still in an Uptrend - waiting for a DOWN rhythm⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold began the week on a positive note, rising in early trading. This increase was primarily driven by the escalating conflict between Iran and Israel over the weekend. Concerned investors sought refuge in gold, a traditional safe haven, as they prepared for the new week after Iran's drones attacked Israel on Saturday evening.
The price of gold continues to be supported by market fears that Iran's unprecedented strike on Israel could lead to retaliatory actions. However, there is some comfort for the markets as the UK, France, and Egypt have condemned Iran's actions, and Saudi Arabia has called for restraint. This has helped to improve risk sentiment, creating a more favorable atmosphere in early Asian trading.
⭐️ Personal comments NOVA:
Still within the two upward trend lines - buying volume is decreasing. Wait for a downward adjustment
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2329 - $2327 SL $2322 scalping
TP1: $2335
TP2: $2340
TP3: $2350
🔥BUY GOLD zone: $2305 - $2303 SL $2297
TP1: $2312
TP2: $2325
TP3: $2335
🔥SELL GOLD zone: $2381 - $2383 SL $2388
TP1: $2370
TP2: $2360
TP3: $2350
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
what is the next move ? 🐺🤔Hello my friend .
I hope you fine ; if you readed my previous idea about BTC and also BTC.D probably you are one the people who actually survived form previous dump and now enjoy the profits ; if you missed them you can check them below :
BTC.D :
BTC :
So let's talk about the current BTC situation ; if you look at the daily chart you could defiantly see an obvious support level around the 60500$ area which is very important for BTC , if we lose this support the next support level is around the 50400$ and the ultimate support is somewhere around the 46000$ .
but for the bullish scenario we have to wait for the breakout from the downward slopping trend line which represents by the blue line , and in my opinion if BTC break above it we will see a massive run up to the 100K and even more so make sure to prepare your self for the both scenarios .
Have nice trades... 🐺