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Schlumberger Has Been SlidingSchlumberger has been sliding for more than a year, and some traders may see further downside risk. The first pattern on today’s chart is the series of higher lows between mid-December and early January. The oilfield-services company dipped below the line in late January and spent all of February below it. That may be viewed as a bear flag breakdown. Second, SLB made a higher daily high in a failed rally on Monday. But then it crossed below Friday’s low. The resulting bearish engulfing candle may suggest that sellers remain in control. Third, the 50-day simple moving average (SMA) is below the 100-day SMA. Both are under the 200-day SMA. Such a configuration is potentially consistent with bearishness over the longer run. Flipping to the short run, traders may also see bearish patterns: The 8-day exponential moving average (EMA) has crossed below the 21-day EMA and MACD has been falling. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:SLB
by TradeStation
Royal Caribbean Hovers Near GapRoyal Caribbean hit an all-time high four weeks ago, but it’s been sliding since. The first pattern on today’s chart is the series of lower highs since January 31. Notice how each followed a tepid uptrend that failed to hold. The last may be viewed as a bearish flag within the context of a new short-term downtrend. Speaking of short-term downtrends, the 8-day exponential moving average (EMA) is below the 21-day EMA. MACD is also falling. Those patterns may reflect a bearish direction. Third, prices tried and failed to hold the rising 50-day simple moving average. That may suggest its intermediate-term trend is negative. Next, earnings lifted RCL on January 28 but the rally didn't hold. Are investors abandoning ship on the fundamental story? Finally, the cruise ship operator jumped above $220 on November 6 after the election. That could make traders look for prices to test that gap. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:RCL
by TradeStation
Gold (XAUUSD) Breakout Setup – Targeting $3,014Gold is showing strong bullish momentum on the 1H timeframe, forming a breakout structure with a well-defined resistance and support zone. Key Levels: 📌 Resistance: Around $2,940 (previous rejection zone) 📌 Support: Around $2,900 (previous consolidation zone) 📌 Target: $3,014 (+3.16% move) Technical Analysis: 🔹 Gold recently broke out of a bullish flag pattern after a strong uptrend. 🔹 Price successfully retested the support zone and is now pushing higher. 🔹 A breakout above $2,940 could trigger a sharp rally towards the $3,014 target. 🔹 Volume confirmation and strong momentum support further upside potential. Trade Plan: ✅ Long above $2,940 with a target of $3,014 ❌ Stop-loss below $2,900 to protect against fake breakouts Gold remains bullish, and if the price holds above the breakout zone, we could see a strong move higher! 🚀
CAPITALCOM:GOLDLong
by GoldMasterTrades
BTCUSD: Breaking news, short BTCUSD-89,000After successfully buying BTCUSD near 86,000 at the weekend, I led the members of the analysis circle to make a big profit. At present, the gold price is fluctuating around 91,600. From the trend, BTCUSD will continue to fall, because the impact of the news will not last long, and the next start is expected to be around the New York market. So the current operation idea is to go short first and then go long. Focus on whether there is support at the 89,000 position. This is a key position. Whether the New York market can go long depends on whether this position can stabilize.
Short
by JAKE_T0
XAUUSD: Short gold again to expand profits.The real-time plan of 2892 was announced in the analysis circle. The gold price fell to a low of 2833 with my instructions.The decline was more than 60 points. Although I didn’t get all the points, I gained at least 50 points. Last week’s gold price trend has become a foregone conclusion. Whether this week’s trading will be improved depends on whether you can accurately follow the real-time trading opportunities. The winning rate of trading XAUUSD last week exceeded 96.36. If you are in the analysis circle, you can check it very intuitively. The current gold price is quoted at 2863. From the news perspective, there is no major news to boost the gold price. So the overall trend is still mainly short selling. XAUUSD jumped slightly in the Asian market, but after falling back, it has been oscillating, which is enough to show that the bullish momentum is not strong. So you need to pay attention to the following in trading: short selling is the current theme, and the risk of going long is very high. This is a very critical point. First pay attention to whether the position of 2940 can stabilize, and then consider whether to buy long orders in the short term. If you always lose money in trading, remember to continue to pay attention to the real-time trading opportunities in the analysis circle. If you have any questions, you can leave me a message at any time.
MARKETSCOM:GOLDShort
by JAKE_T0
XAUUSD: Sell in advance and wait for a huge drop.On the eve of the opening of the New York market. The gold price has been fluctuating in a narrow range around 2983-2892. Combined with the current bearish sentiment, it is observed that the gold price will soon see a large decline after the opening of the New York market. In terms of operation, it is still sold in the range of 2898-2892 tp2875 sl2905 With the successful completion of the previous short order. Whether this order can successfully achieve the goal, we will wait and see. If you don’t know how to trade, you can follow. If you want to pay attention to subsequent analysis and real-time trading opportunities. Remember to check the precise guidance in the analysis circle. MCX:GOLD1! FOREXCOM:XAUUSD FX:USOIL COINBASE:BTCUSD
MARKETSCOM:GOLDShort
by JAKE_T0
GOLD | Bearish Reversal Pattern – More Downside Ahead?### **Analysis & Description:** This is a **1-hour chart of XAU/USD (Gold vs. U.S. Dollar)** from TradingView, highlighting a **bearish trend reversal pattern**. The price action forms a series of **lower highs and lower lows**, indicating a clear **downtrend formation**. #### **Key Observations:** 1. **Lower Highs & Lower Lows:** - The chart outlines a classic **bearish market structure** with multiple rejection points. - Each bullish rally is met with strong selling pressure, leading to a downward continuation. 2. **Momentum Weakness (MACD Indicator):** - The MACD at the bottom indicates **bearish momentum**, with both the MACD line and Signal line in negative territory. - This suggests that selling pressure dominates and further downside movement is likely. 3. **Price Projection:** - The final arrow suggests **further downside movement**, possibly breaking below key support zones. - If price breaks below the **$2,807 support**, it could accelerate selling toward **$2,780 – $2,750 zones**. 4. **Possible Trading Strategy:** - **Bearish Confirmation:** Traders should watch for a breakdown below **$2,807** for a short-selling opportunity. - **Bullish Reversal?:** If price forms a strong support at **$2,807**, we may see a bounce before further downside. ### **Conclusion:** Gold is currently in a **short-term downtrend**, and traders should be cautious of potential bearish continuation. However, **fundamental news events** could also impact price action, so it's essential to monitor economic data and market sentiment. #### **Key Levels to Watch:** - **Support:** $2,807 – $2,780 - **Resistance:** $2,846 – $2,880 📉 **What do you think? Will gold continue to drop, or will we see a reversal soon? Drop your thoughts below!** 🚀
OANDA:XAUUSDShort
by NexusTradesZone
Bear Flag in Adobe?Adobe trended lower most of 2024, and now some traders may expect another push to the downside. The first pattern on today’s chart is the series of higher lows since mid-January. The software company recently slid below that line, which may be viewed as a bear flag breakdown. Second, bearish gaps after the last two earnings reports could reflect weak sentiment. Third, ADBE has been unable to get above its falling 50-day simple moving average (SMA). That may indicate a negative intermediate-term trend. Also notice how the 50-day SMA is under the 100-day SMA and both are below the 200-day SMA. That configuration, with faster SMAs below slower ones, may indicate a negative long-term trend. Next, the 8-day exponential moving average (EMA) just crossed below the 21-day EMA. MACD is falling as well. Those patterns may be consistent with bearishness in the short term. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:ADBE
by TradeStation