#XAU #XAUUSD #GOLD #Update #Short #ShortSetup #Eddy#XAU #XAUUSD #GOLD #Update #Short #ShortSetup #Eddy
According to the specific structure of the distribution, it is in the final phase and soon gold will fall to the specified level. (( This analysis is based on supply and demand style as well as Wyckoff and Dow theory. ))
Related Analysis of Gold : (( XAU/USD )) : Check Link :
My Analysis of Dollar : (( XAU/USD )) : Check Link :
Shortsetup
Clarifying Solana's Path Hey friends,
I always try to stay away from any specific news or events and focus solely on clarifying my path using Elliott Waves.
After spending some time analyzing Solana's chart, here's what I've found:
Solana has recently completed its fourth wave and has started forming its fifth wave. In the image, there's a clear parallel channel that I've explained.
The question is: What happens now? ☝️
There are two possibilities:
1. All five waves have formed correctly and completely.
2. The fifth wave is not complete and is still forming.
Let's examine both scenarios 🙌🏽. I'm approaching this with an unbiased perspective.
If the first scenario is correct and the five waves are complete, we are now in wave a, which could present good selling opportunities. If the second scenario is true, we are now in wave 2 of the five waves, which could present good buying opportunities.
But how can we determine which scenario will play out? I'd love to hear your thoughts, whatever they may be.
Your friend, Rabbit ❤️
BTCUSDAfter doing top-down analysis I can see that we've hit the monthly resistance level and was unable to break through it. Although major influencers and government official have spoken about FUSIONMARKETS:BTCUSD going to ATH's as of right now it's not happening. We are in a premium array so i'm looking to short sell for a bit.
BTCUSDT & SOLUSDT, One Short Scenario for Friday!(Updated 2)In NY session, The setup I am looking for, was not formed.
Lets see what happens in PM Session!
I dont expected the price hit the Monday High!
Anyway, some must happen in PM session!
As i mentioned before, I am looking for Short Position!
Wish Low-Loss Trade!
SOLUSDT & BTCUSDT Price Action and Short Setup on Saturday!I never thought that this would happen on Saturday.
Now the components of my setup are being formed.
- Monday High is hit.
- Low week (Thu`s Low) has been Marked.
- The price has not reached the "High" of the previous week.
- Our price range has been determined and we have also drawn a 50% line.
- The price fell sharply in NY session.
- But Bitcoin did not fall sharply.
Result:
I'm waiting to see if the price hits the FVG after reaching the 50% fibo and pullback (upwards) and then starts its downward movement again.
BTC - Swing Short SetupBitcoin is currently at an ideal entry for a high R/R short based on the trendline shown - targeting 34,200 to 35,000.
From that level, I will look for a retrace up to 43-46k. Rejection at this zone can indicate a much more substantial drop to sub 20,000 zones.
All details on the chart - will update with a new idea if Bitcoin follows through on this expected drop.
#BTC Scalp setup thee daily position Hello folks
We decided to publish daily signals and scalp setup of Btc for free
#You can use leverage at your own responsability and according to your risk management plan
#Make sure you follow and activate the notification to catch the move instantly
# don't forget to boost our ideas
## happy trading
Gold price adjusts to DOWN trend ! NEXT WEEK✍️ NOVA hello everyone, Let's comment on gold price next week from 7/22 - 7/26/2024
🔥 World situation:
Gold price dropped over 1.50% to around $2,400 on Friday, potentially resulting in nearly 1% weekly loss from its record high of $2,483. The XAU/USD stands at $2,399 after peaking at $2,447. This fluctuation is linked to China's underperforming economy and speculation of Donald Trump's election win strengthening the US Dollar, which is projected to close the week up by 0.26%.
🔥 Identify:
Gold price reached a new ATH 2482 this week - an inevitable downward adjustment, the price increase momentum is still very large when the FED is about to cut interest rates and world military tensions are still high.
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2434, $2460, $2482
Support : $2357, $2320
🔥 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
BTCUSDT & SOLUSDT, One Short Scenario for Friday! The setup I am looking for is showing in BTCUSDT, But i don`t trade it, I Trade SOLUSDT!
As SOL is following BTC well, I start to look at the chart of BTCUSDT first and get confirmation from it to trade SOLUSDT!
One short Position As a Scenario for tomorrow, will be show in attached chart!
Wish Low-Loss Trade!
Note: Above Idea is only my idea and it is not Offering Buy or sell or Trade!
re Its Just my Idea to share with you and wait for your Kind comments or
share your Idea with me!
BREAK 2400 !! GDP factor causes Gold to DOWN⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian session. Without a new trigger, the drop can be linked to technical selling after breaching the $2,385 support level. This decline may be mitigated by expectations of a dovish Federal Reserve (Fed) stance.
⭐️ Personal comments NOVA:
Gold price dropped sharply in the long-term H4 frame - bears prevail, waiting for the nearest support zone $2350
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2350 - $2352 SL $2345
TP1: $2360
TP2: $2370
TP3: $2380
🔥SELL GOLD zone: $2410 - $2412 SL $2417
TP1: $2395
TP2: $2380
TP3: $2370
⭐️ 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 scalp setup today's position Hello folks
Since were are still holding the position of Yesterday there is no entry for today just stay tuned i ll keep u informed
#You can use leverage at your own responsability and according to your risk management plan
#Make sure you follow and activate the notification to catch the move instantly
# don't forget to boost our ideas
## happy trading
Bitcoin Long/Short-Term or Holding AreaMy daily setup
My trading strategy is to look for opportunities to enter and exit trades based on these levels on a daily basis. It's important to monitor the market closely for any changes in the key levels of support and resistance to get a good exit or entry. I use technical indicators, such as moving averages, order block and volume price to identify trends and potential entry and exit points. If the price approaches the short-term resistance level at 28897.0 (Max) and the moving average indicates a potential reversal, i consider taking a short position with a target exit at the support level at 27190.2 (Max). Conversely, if the price approaches the support level at 27190.2 and the moving average indicates a potential rebound, we may consider taking a long position with a target exit at the resistance level at 28480.0
XAU recovers - retests the DOWN trend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The cost of gold (XAU/USD) continues to rise from the overnight rebound near a one-week low, drawing additional buyers for the second consecutive day on Wednesday. This increase is supported by a weaker market sentiment, which typically favors conventional safe-haven assets, pushing the precious metal to a new weekly peak around the $2,415 mark during the Asian trading hours. Additionally, expectations that the Federal Reserve (Fed) will begin reducing interest rates in September further encourage investment in the non-interest-bearing gold.
⭐️ Personal comments NOVA:
Recovery from Gold around 2420-2430, retest for more downside
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2385 - $2383 SL $2378
TP1: $2390
TP2: $2395
TP3: $2400
🔥SELL GOLD zone: $2432 - $2434 SL $2439
TP1: $2425
TP2: $2410
TP3: $2390
⭐️ 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
1000RATS/USDT - Short Trade REPOSTED CUZ I BRAKE SOME RULES OF TRADINGVIEW
✉️ Pair: 1000RATS/USDT
📈 Direction: Short
💯 Leverage: Cross 5x - 10x - 20x
📊 Entry: 0.1082
✅ Target 1: 0.090000
✅ Target 2: 0.083000
✅ Target 3: 0.07700
✅ Target 4: 🚀🚀🚀
⛔️ Stop Loss: 0.12864
🔔 For more updates, follow me and don`t forget to hit the BOOST :D