Is Sugar Sweet Enough? ICEUS:SB1! Price is making lower highs and lower lows. Blood incoming??
For any risk adverse traders there is a short trade entering as close as possible to $23 and targeting $20's. Price action is showing weakness short term and remember....
RETRACES ARE COMPLETELY NORMAL!! Just benefit from them and follow the trend.
Shortsetup
ASPI Short (Overbought) Asset Class: Stocks
Income Type: Daily
Symbol: ASPI
Trade Type: Short
Trends:
Short Term: Down
Long Term: Up
Set-Up Parameters:
Entry: 3.52
Stop: 3.64
TP1 2.92(5:1)
Trade idea:
1h RBD formed as the stock overbought, trading the correction of the uptrend targeting the formed FVG and the DZ at 2.90
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
SIDEWAY gold! 2627 - 2660 competitive price range⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) pulled back from a one-week high on Monday, ending a two-day winning streak as the US Dollar (USD) strengthened. Investors no longer expect a significant rate cut from the Federal Reserve (Fed) in November, keeping US Treasury yields high and attracting investment away from the non-yielding gold.
Additionally, disappointment over China's fiscal stimulus and weak inflation data over the weekend further dampened investor confidence, weighing on gold prices. However, ongoing geopolitical tensions in the Middle East helped gold find support above the $2,640 level during Tuesday's Asian session, limiting further losses.
⭐️Personal comments NOVA:
The psychology of waiting for November interest rates was clearly shown this week. There is not much news announced, Gold price is sideways in the price range 2627 - 2660
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2636 - $2634 SL $2631 scalping
TP1: $2642
TP2: $2650
TP3: $2655
🔥BUY GOLD zone: $2629 - $2627 SL $2622
TP1: $2635
TP2: $2642
TP3: $2650
🔥SELL GOLD zone: $2660 - $2662 SL $2667
TP1: $2650
TP2: $2640
TP3: $2630
⭐️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
10/15 ! XAU continue SIDEWAY over $2640XAU / USD trend forecast October 15, 2024
Gold prices pulled back after reaching a daily high of $2,666 on Monday, as China’s stimulus measures failed to lift markets and the US Dollar continued to strengthen. XAU/USD is trading around $2,650, down 0.26%.
Weekend data showed China’s economy facing deflationary pressures, jeopardizing its 5% GDP target. In response, Finance Minister Lan Foan stated that the government will maintain stimulus efforts, support the property market, and increase state bank capital to stimulate the economy.
No important economic news this week - sideways time. Gold accumulates waiting for information on interest rates in November 2024
/// SELL XAU : zone 2659-2662
SL: 2667
TP: 50 - 100 - 200 pips (2642)
Safe and profitable trading
INTEL Breakdown! Bearish Move Smashes First TargetIntel has shown a significant bearish movement on the Risological swing trader after the short entry at 23.36, with the price quickly moving towards the first profit target.
Key Levels
Entry: 23.36 – The short trade was initiated as the price broke below this level, confirming bearish sentiment.
Stop-Loss (SL): 23.59 – Positioned slightly above recent resistance to manage risk in case of a price reversal.
Take Profit 1 (TP1): 23.07 – The first target, which has been hit, indicating the trade is progressing in the right direction.
Take Profit 2 (TP2): 22.60 – The second profit-taking level is also hit as the bearish momentum builds.
Take Profit 3 (TP3): 22.14 – If selling pressure continues, this is the next target to watch for.
Take Profit 4 (TP4): 21.85 – The ultimate profit target, signaling a significant downward move.
Trend Analysis
The price is moving downward sharply, breaking below the support of the Risological Dotted trendline, confirming a strong bearish trend. The sharp drop shows significant selling pressure, which suggests further downside potential.
With TP1 reached, the next targets at 22.60 and 22.14 are in focus as the bearish momentum continues. If the trend holds, there’s a strong possibility of achieving TP4 at 21.85.
Intel’s sharp breakdown following the short entry at 23.36 has resulted in hitting the first profit target at 23.07. With strong bearish momentum and the price moving below the Risological Dotted trendline, further downside targets are likely to be achieved if this trend continues.
Gold Price Overextended: Is a Bearish Pullback Imminent?XAUUSD Monthly and Daily Chart Analysis
In the monthly chart of XAUUSD, we observe a significant price overextension, where the market has been aggressively buying for several months. This type of upward momentum often signals that a correction or retracement could be approaching soon.
When we zoom into the daily chart, we notice signs that the price is ready to initiate a bearish move, at least a small downward correction. The market may begin to shift as buyers take profits or as sell orders increase in reaction to the extended price.
Gold recovers - touch TREND H2 - SELL NOWXAU / USD trend forecast October 11, 2024
Gold price (XAU/USD) pulls back slightly from a three-day high, trading around $2,640 in early European trading on Friday, though still up over 0.40%. A rise in US jobless claims indicated labor market weakness, allowing the Federal Reserve to continue cutting rates. This led to a slight drop in US Treasury yields and a softer risk tone, helping gold gain for a second day.
However, stronger-than-expected US inflation data reduced the chances of another large Fed rate cut in November, supporting the US Dollar and limiting gold's gains. Traders now await the US PPI, Michigan Consumer Sentiment, and Fedspeak for further direction.
Gold recovered - broke the downtrend H1. However, the larger frame H2 - H4 still shows that the correction is still continuing. While the market psychology is worried that there will be no further interest rate cut in November.
/// SELL XAU : zone 2652-2655
SL: 2660
TP: 50 - 100 - 300 pips (2625)
Safe and profitable trading
Alikze »» INJ | Reverse head and shoulders pattern - 12H🔍 Technical analysis: Suspect an inverted head and shoulders pattern
- In the analysis presented in the 12-hour time frame, it was mentioned that in case of selling pressure in the range of $25, the correction will continue until the Fibo range of 1.618 in the range of $18.75.
- It is currently moving in an ascending channel.
- It has faced selling pressure in the middle of the channel.
- Due to the formation of the inverted top pattern, in case of breaking the Fibo 1.618 and stabilizing below the 18.75 area, the correction will continue until the liquidity area and the origin of the movement.
- Therefore, according to the zigzag correction structure, this correction can extend to the liquidity area and complete the correction leg C in the specified areas.
💎 Alternative scenario , if it stabilizes in the range of 18.75, it can grow to the middle of the channel in the first step and then to the range of the supply area of $25.
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BINANCE:INJUSDT
The formation of a short stop on Bitcoin As mentioned in the previous analysis,The 4-hour POI range was suitable for the price return and make a long setup that closed break even afte the CPI
But now in 1H range we have unmitigated poi in 30M that can reject price to downside for reaching 58000 target
So o set a short order in this area For the possibility of forming a strong ceiling in the Asian session
XAU down! correction 10/10/2024XAU / USD trend forecast October 10, 2024
Gold continued its decline for the sixth straight day after the Federal Reserve (Fed) released its September Meeting Minutes. The Minutes revealed that most FOMC members supported a 50-basis-point cut, though XAU/USD remains near $2,610, down 0.37%.
While some officials preferred a 25 bps cut, all agreed on lowering rates. Most participants saw inflation risks decreasing, while concerns about the labor market increased.
H1 frame shows Gold price correction - amid news of China stopping gold purchases continuing to impact further bullish momentum. Price continues to correct below 2600
/// SELL XAU : zone 2623-2626
SL: 2631
TP: 50 - 100 - 300 pips (2596)
Safe and profitable trading
CPI ! Opportunity for gold price to fall below 2600⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) edged higher during the Asian session on Thursday, ending a six-day losing streak that brought it to a nearly three-week low. The US Dollar (USD) is in a consolidation phase as traders await the US Consumer Price Index (CPI) data release. This repositioning has provided some support to gold.
However, a significant rally in gold seems unlikely due to reduced expectations for aggressive rate cuts by the Federal Reserve (Fed), as highlighted by the September FOMC meeting minutes. Elevated US Treasury yields may continue to limit gains, requiring strong buying to signal the end of gold's recent corrective decline from its all-time high.
⭐️ Personal comments NOVA:
The long-term framework H1, H4 shows that sellers prevail - the downward correction will continue towards below $2600
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2583 - $2585 SL $2578
TP1: $2590
TP2: $2600
TP3: $2610
🔥SELL GOLD zone: $2649 - $2651 SL $2656
TP1: $2644
TP2: $2638
TP3: $2630
Pay attention to the trendline resistance area H1: 2633
⭐️ 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
DXY Set for a Retracement Towards Sell-Side Liquidity - OTE FVGDXY is showing clear signs of a retracement to the daily sell-side liquidity level around 100.215. Price wicked into a higher timeframe (HTF) daily order block near 102.860, and then closed below, signaling bearish momentum. Keep in mind, upcoming high-impact news could affect price action. If price doesn’t respect the order block, it may react to the Fair Value Gap (FVG) around the optimal trade entry (OTE) zone.
DYOR
look Out, ITC exhausting!ITC appears to be exhausting its upmove, signaling a potential downmove. After a strong rally, the stock is showing signs of overbought conditions, with technical indicators like the Relative Strength Index (RSI) suggesting a reversal. Additionally, profit-taking by investors and a lack of fresh buying interest could contribute to a downward trend. Market sentiment and external factors, such as economic data or sector performance, may further influence ITC’s price movement in the near term. View becomes invalid if daily close is above 515.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
FOMC ! Is this a sharp decline or correction?⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) dropped nearly 1.5% on Tuesday, reaching a three-week low but found support near the $2,600 level. The stronger US Dollar, driven by reduced expectations of a large Federal Reserve (Fed) rate cut, pressured the non-yielding gold. Additionally, news of a potential ceasefire between Hezbollah and Israel further weighed on the safe-haven metal, pushing it below $2,630.
However, the decline paused as traders await the release of the September FOMC meeting minutes on Wednesday, along with US inflation data (CPI and PPI) later this week, which will influence the Fed’s rate outlook. In the meantime, the subdued USD could help limit further losses for gold
⭐️Personal comments NOVA:
Gold price BREAK through the zone 2625 - 2671 - following a downtrend after news that the Chinese government has unfavorable policies for gold. Adjusted cadence is necessary
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2595 - $2597 SL $2590
TP1: $2602
TP2: $2610
TP3: $2620
🔥BUY GOLD zone: $2606 - $2604 SL $2601
TP1: $2610
TP2: $2615
TP3: $2620
🔥SELL GOLD zone: $2643 - $2645 SL $2650
TP1: $2635
TP2: $2620
TP3: $2610
⭐️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
Forming a sales position in SUIAs the daily channel listed on the channel, this queen, which has a powerful ascending rally, needs to be modified to continue the course of movement, so as in one hour and 5 minutes change The trend has taken place in this queen and with a liquidity that has not been formed for 5 minutes, it can regain the price and throw it to lower levels.
Sideways ! The explosion is about to take place in October! XAU⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) stays under pressure during Tuesday’s Asian session, hovering just above the lower end of a short-term range. Investors are lowering expectations for a large interest rate cut by the Federal Reserve (Fed) in November, as the US labor market shows signs of strength, which weighs on gold.
Meanwhile, the US Dollar (USD) has retreated from its seven-week high hit on Friday, as traders await Wednesday’s FOMC meeting minutes. Additionally, key US inflation data, including the Consumer Price Index (CPI) on Thursday and the Producer Price Index (PPI) on Friday, will shape the outlook for Fed rate cuts and impact both the USD and gold.
⭐️Personal comments NOVA:
Frame H1 moves in the downtrend line, mainly sideways. Nova is inclined to reduce sideways to the 2624-2627 area to create liquidity and continue to increase. The long-term trend is still up
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2624 - $2626 SL $2618
TP1: $2635
TP2: $2650
TP3: $2672
🔥SELL GOLD zone: $2661 - $2663 SL $2666 scalping
TP1: $2655
TP2: $2648
TP3: $2640
🔥SELL GOLD zone: $2684 - $2686 SL $2691
TP1: $2678
TP2: $2670
TP3: $2660
⭐️ 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
short senario for BtCSince last day's bitcoin candle closed with a high downward volume and we are in a downward range in a higher time frame, so if the price reaches the range of 63600, I am waiting for confirmation to sell, and if the price goes below 62000, I am waiting for confirmation to sell.
In the same area, it was formed in the Asian session, if the price reaches above 62600, you can wait for the formation of a setup in the time frame of 5 minutes or 3 minutes for buying.
Sideway - little volatility on the first Monday of the week⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its decline for the fourth straight day, trading near $2,650 during early Monday’s Asian session. The stronger US Dollar, following Friday's upbeat Nonfarm Payrolls (NFP) data, is putting downward pressure on gold.
The US added 254,000 jobs in September, exceeding August’s revised 159,000 and the market expectation of 140,000. The Unemployment Rate fell to 4.1% from 4.2%. These positive US data reduce hopes of deeper interest rate cuts by the Federal Reserve, boosting the USD and weighing on gold, which is priced in dollars.
⭐️Personal comments NOVA:
There is not too much information and important economic news, sideway gold price on Monday at the beginning of the week: 2625 - 2660
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2628 - $2630 SL $2623
TP1: $2638
TP2: $2644
TP3: $2650
🔥SELL GOLD zone: $2670 - $2672 SL $2677
TP1: $2660
TP2: $2650
TP3: $2640
⭐️ 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
The possibility of forming a sell position in WIFAccording to the mark-ups that have been done since the above time, which you can see the link of those analyzes in the channel, we had a reaction to the daily POI in the 15-minute time frame and we are witnessing a change in structure, so we expect rejection in the New York session in the upward movement of the marked POI. Let's be and come to the lower regions.