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NVDA is getting prepared for further correction. NASDAQ:NVDA Read this chart together with the QQQ chart I just published. Both the index and individual stocks are preparing for further correction, very likely a free fall. This updated analysis also proved my previous analysis on NVDA a few days ago. NVDA is likely pull back to 128, drop to 118, retest 200 EMA, then further down to 108. 108 will be a good temporary support. Eventually, it might find its final support at around 98. This is just my analysis based on the chart. Watch its moves closely and adapt to any changes.
NASDAQ:NVDAShort
by TrendSurfer25
TRON (TRONUSD) Key trading levels, The week ahead 03rg March ‘25TRON (TRONUSD) remains in a bullish trend, supported by a longer-term uptrend. However, recent intraday price action suggests a sideways consolidation, with the rising support trendline acting as a key structural level. Key Levels to Watch Resistance Levels: 2,466, 2,614, 2,780 Support Levels: 2,034, 1,925, 1,741 Bullish Scenario A successful bounce from the 2,034 support level, which aligns with the rising trendline and previous consolidation zone, could confirm bullish continuation. If buyers step in at this level, TRON could target the next resistance at 2,466, followed by 2,614 and potentially 2,780 over the longer term. Bearish Scenario A confirmed breakdown below 2,034, with a daily close beneath this level, would weaken the bullish outlook. This could lead to a deeper correction toward the 1,925 support level, with extended downside risk toward 1,741 if bearish momentum accelerates. Conclusion TRON remains in a broader uptrend, but the 2,034 level serves as a key pivot zone. A bounce from this level would reaffirm bullish strength, while a breakdown could lead to further downside corrections. Traders should watch price action around these levels for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:TRONUSD
by TradeNation
GOLD XAUUSD BEARISH TREND START?Gold (XAU/USD) – 4H Chart Analysis Current Price: 2,871.620 T O J O I N MENTORSHIO OR S I G N A L G R O U P WT APP + 9 2 3 1 0 5 3 9 6 7 3 1 Technical Outlook: 🔸 Market Structure Shift (MSS): Price has broken below key support, indicating a bearish shift in market structure. 🔸 Resistance Zone: A strong resistance area is marked between 2,880 – 2,900. If the H4 candle closes bearish in this zone, it presents a short-selling opportunity. 🔸 Sell-Side Liquidity Target: First Target: 2,831.886 – A key liquidity zone where price may seek orders. Final Target: 2,773.373 – The next major sell-side liquidity range where further downside is possible. Trade Setup: 🔻 Short Entry: Around 2,880 – 2,900, if price shows bearish confirmation. 🎯 Take Profit Levels: TP1: 2,831.886 TP2: 2,773.373 🛑 Stop Loss: Above 2,905, to protect against fakeouts. Conclusion: The market is bearish, and a short position can be considered if the H4 candle closes bearish within the resistance zone. The targets are well-defined within the sell-side liquidity range, making this a high-probability trade setup. 📉 Watch for price action confirmation before entering!
OANDA:XAUUSDShort
by naumanfx_
GBP/USD Outlook TodayHello everyone! Let's take a look at GBP/USD today. Since the market opened, GBP/USD has shown a slight recovery, currently hovering around 1.259 with support from bullish factors. This rebound is driven by the mild weakness of the US dollar. Concerns over the US economic outlook and expectations of further Fed policy easing have prevented the USD from sustaining its previous three-day rebound. Currently, GBP/USD remains within an ascending price channel, bouncing back after touching the lower boundary. If buyers successfully defend this trendline, it won’t be difficult for GBP/USD to aim for higher targets. Happy trading!
Long
by Bullback_FX
COIN - Potential 15000 Point move comingHI all, Overwhelmed with support recently which I really appreciate. Lets take a look at COIN Coin is at a large area of intrest to me as this price has been used as both support and resistance many time. We area currently respecting a long term Bullish trend line We are slowly approaching a Strong Demand zone now from where price made a massive Bull run. Im looking to make a similar movement off this support level although price may push off this point of intrest without testing the Demand. If we take the previous high price then I will look to buy from a market order position targeting Buy side Liquidity Good luck to all the traders that decide to follow
NASDAQ:COINLong
by jamesibartram
CAKE Breakdown – Major Bearish Move Incoming?#CAKE has broken a critical support level after forming a Triangle Pattern on the 1-hour timeframe. 🔻 Key Observations: ✅ Triangle Breakdown – The price failed to sustain inside the pattern. ✅ Support Break – A major support level has been breached, confirming the bearish structure. ✅ Retest Zone – Price may retest the broken support before further decline. 🎯 Trading Plan: 🔹 Entry: Short at CMP or on a retest of support. 🔹 Target: Next support zone. 🔹 Stop-Loss: Above the retest level (tight risk management). 💡 What do you think? Will #CAKE continue its downtrend or surprise us with a reversal? Drop your thoughts in the comments! 👇👇 📊 Like & follow for more real-time market insights! 🚀🔥
Short
by mudusir
USOILSeveral upcoming economic data prints could significantly affect oil prices: 1. OPEC+ Production Levels Impact: OPEC+ production cuts have been crucial in maintaining oil prices. Any changes to these cuts could influence supply and prices. Data Print: Announcements about extending or easing production cuts will be closely watched. 2. U.S. Crude Oil Inventories Impact: Changes in U.S. crude oil inventories reflect supply and demand imbalances. Lower inventories suggest stronger demand or reduced supply, potentially boosting prices. Data Print: Weekly inventory reports from the EIA will be key in assessing market conditions. 3. Global Demand Growth Impact: Stronger-than-expected demand growth, particularly from major consumers like China, could support higher oil prices. Data Print: Reports from the IEA and EIA on global demand growth will be important. 4. U.S. Sanctions on Major Oil Producers Impact: Sanctions on Russia, Iran, and Venezuela can disrupt global supply, potentially leading to price increases. Data Print: Updates on sanctions enforcement and their impact on oil exports will influence prices. 5. EIA Forecasts Impact: The EIA's forecasts for oil prices, production, and demand provide valuable insights into future market conditions. Data Print: The EIA's Short-Term Energy Outlook (STEO) reports will offer guidance on expected price trends. Brent Price Forecasts: The EIA forecasts Brent crude to average $74 per barrel in 2025, with prices potentially falling to $66 per barrel in 2026 due to increased global production and slower demand growth. U.S. Production: The EIA expects U.S. crude oil production to reach a record high in 2025, averaging 13.59 million barrels per day. These data prints will provide critical insights into supply and demand dynamics, influencing oil prices and market sentiment.
FX:USOIL
by Shavyfxhub
EUR/USD Bearish Outlook – Key Levels & Trade Setups📊 Technical Analysis EUR/USD Timeframe: Likely Weekly (1W) Current Price: ~1.0416 📉 Bearish Context: Key Resistance: 1.05290 This zone has been tested multiple times without a breakout, indicating strong selling pressure. It aligns with a liquidity area visible in the red rectangle. Also near the yellow moving average (likely 50 or 100 periods), acting as dynamic resistance. Key Support: 1.02838 Marked in blue as a potential short-term target. A level that previously provided support and may attract buyers again. 📉 Current Scenario: The price has rejected the 1.0529 resistance with a strong bearish candle. A breakdown from the gray zone suggests a potential continuation downward. If selling pressure persists, the 1.02838 target could be reached. 📈 Potential Trading Strategies: 🔻 Short Scenario (Bearish Bias): Entry: Below 1.0430 after confirmation with a daily bearish close. Target 1: 1.02838 Target 2: Below 1.0200 (depending on price action). Stop Loss: Above 1.0500 (to avoid false breakouts). 🔼 Long Scenario (Less Likely Bullish Setup): Entry: Confirmed bounce above 1.02838 with a strong reversal candle. Target: Retest of 1.0529, with a stop below 1.0280. 📌 Final Considerations: The current structure favors a short-term bearish continuation. Key areas (support and resistance) will be crucial for the next move. Watch for macroeconomic data and volatility, as they could impact the trend.
Short
by Forex48_TradingAcademy
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