therabbittrades

therabbittrades

Trade Idea 1: Short Position Setup: The price is currently near an area of supply (highlighted in red on the chart) and has shown signs of rejection, forming a bearish candlestick pattern. The stochastic oscillator also indicates overbought conditions, suggesting potential downside. Entry: Enter a short position near the current price level of $3,079. Stop...

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Based on the analysis of the 1H and 1D fractals, here’s a suggested intraday short (sell) trade setup: 1. Fractals and Trend Analysis: 1D Chart: The price has broken down from its recent highs and seems to be retracing after a long bullish trend. The fractals indicate that the upward momentum might be slowing, with the price nearing a recent high resistance...

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It's NFP today so let's keep our volume light :) Based on the fractals in the 1H and 1D charts, here is a potential intraday long (buy) trade setup. 1. Fractals and Trend Analysis: 1D Chart: The price is in a strong uptrend but showing consolidation near $2,658.00, which is currently a resistance level. A break above this level could signal a continuation of...

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Based on the charts, here's a new trade idea: Trade Setup: Intraday Long Trade (Buy) 1. Fractals and Trend Direction: 1D Chart: The overall trend remains bullish, but there’s a minor pullback from the recent highs. There is still strength in the market, and it's at an important support zone. 1H Chart: The price is consolidating and forming higher lows. The...

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Based on the analysis of the charts, here’s a potential trade idea: Trade Setup: Long (Buy) 1. Fractals Analysis: Daily Chart (1D): The daily chart shows the price in an uptrend, consistently making higher highs and higher lows. The current price is around a key resistance level of $2,680. 1H Chart: The 1-hour chart shows a pullback from a recent high, creating...

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Here is a proposed intraday trade setup **Trade Setup: Long (Buy)** **Confluence and Fractals:** - On the **1H chart**, we observe a price reaction near **$2,620** (support level), which coincides with the Fibonacci retracement and fractal points. - On the **1D chart**, price continues its uptrend after a minor retracement, aligning with the major trend....

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It is Friday, here is a potential setup for a new trade idea on Gold (XAU/USD): Trade Setup: Long (Buy) Entry Price: Entry Price: $2,580.00 (using a limit order). The price is close to a support zone on the 1H chart and aligns with a Fibonacci retracement level from recent movements. This provides a low-risk entry point near a confluence of support. Stop...

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Here is a new intraday trade idea for **Gold Spot (XAU/USD)**: **Market Overview**: 1. **Fractals**: - The 1D chart shows a recent pullback after a bullish surge, potentially creating a **retracement opportunity**. - The 1H chart highlights a strong rejection from a high, suggesting possible retracement to a key support area. 2. **Trend**: - The...

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Market Overview: Fractals: The 1D chart shows a continuation of the bullish structure after a breakout from previous resistance. The 1H chart shows fractals that indicate short-term consolidation after recent volatility. This might give a chance for price to retest the lower support before continuing the upward momentum. Trend Direction: The major trend on...

therabbittrades Updated 

Here is a new intraday trade idea for Gold Spot (XAUUSD): Trade Setup Overview: Timeframe: 1H chart (for entry and precision) and 1D chart (for trend direction). Market Conditions Overview: Fractals: The fractals on both the 1H and 1D charts suggest a bullish structure with higher highs forming. Major Trend: The 1D chart is showing a clear uptrend, which we...

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**Market Overview:** - **1D Chart**: The price is around **$2,513.65**, in a range, and it’s approaching a minor resistance zone near **$2,518-$2,520**. - **1H Chart**: There’s a support level at **$2,510** based on recent fractal lows and possible accumulation. **Trade Setup**: **Order Type**: - **Buy Limit**: If the price retraces back to the **$2,510**...

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Trade Idea: Sell Limit Order Entry Price: 2,500.00 This is close to a resistance level observed in both the 1D and 1H charts. It aligns with a potential retracement back to a significant resistance area just above where the price rejected multiple times. Stop Loss: 2,503.50 Set just above the resistance level and recent fractals on the 1H chart to protect...

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**Buy Limit Order Idea** ### Key Levels and Fibonacci Confluence: - **Resistance on 1H and 1D**: **$2,516-$2,520** (appears to be holding as resistance after the recent test) - **Support Levels**: **$2,500** (near the 50% Fibonacci retracement level from recent price movement) - **Fibonacci Level**: 61.8% retracement level around **$2,505** ### Entry...

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Trend Direction: 1D Chart: The daily chart shows the price is moving in a consolidation phase around the $2,495 level, testing both support and resistance in the recent days. The overall trend is still in a pullback phase after a higher move. 15M Chart: The 15-minute chart shows support near $2,485 and resistance just above $2,500. There’s a potential for a...

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Trade Setup: Instrument: XAU/USD (Gold Spot vs. U.S. Dollar) Trend Direction: 1D Chart: The daily chart shows a pullback from the recent highs around $2,525, and the price is currently sitting near $2,488. The next key support is around $2,470 to $2,475. The overall trend is bullish, but we are seeing a retracement. 1H Chart: The hourly chart reflects a...

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Trend Direction: 1D Chart: The higher timeframe (1D chart) shows a consolidation phase after a strong upward move, with price currently trading near the upper part of the range. 1H Chart: The 1H chart indicates that price has recently found support near the $2,490 area and is moving towards a resistance zone around $2,510. Fractals and Levels: Support Level:...

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Back from a short break with a potential trade idea! Trade Setup: Instrument: XAU/USD (Gold Spot vs. U.S. Dollar) Analysis: Trend Direction: The 1D chart shows that the price is nearing a significant support level, and the 1H chart reflects a recent downward movement, which could suggest a short-term pullback within a longer-term upward trend. The trade will...

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Trade Idea: Short Position on XAU/USD Entry Point: Type: Limit Sell Order Entry Price: $2,513 to $2,515 This level is near the recent resistance seen in the 1-hour chart and close to the Fibonacci retracement level. It also aligns with a possible reversal zone on the 1-hour chart where price may struggle to break through and could see a pullback. Stop...