SHORT ON EUR/AUDEUR/AUD is currently at major resistance area.
It has given a nice change of character (choc) to the downside from being over brought for a long time.
I am selling EUR/AUD looking to catch over 500 pips as a swing trade.
Sellsetup
BTC/USD – Bearish Rejection, Targeting SupportChart Analysis:
BTC/USD is trading within a descending channel, showing a bearish trend.
Price recently tested the resistance zone but faced rejection.
A strong sell signal is indicated, suggesting a move towards the support level around $79,877.
If price breaks below support, further downside is possible.
Trading Plan:
Sell below resistance with a target at support.
Watch for confirmation signals before entering a position.
If price breaks above resistance, a trend reversal could be possible.
GBP/USD Technical Analysis – Potential Bearish MoveThis 4-hour GBP/USD chart indicates a potential bearish setup. Price has been trading within a range, with resistance around 1.30366 and support near 1.29467.
The price recently retested the support zone, showing signs of weakness.
If the support level fails to hold, a breakdown could push the price towards the 1.27035 target.
A stronger support level is observed further below, around 1.2600, which could act as a key demand zone.
Traders should monitor the price action near the support zone. A clear rejection could signal a potential buy opportunity, while a confirmed breakdown could validate a short trade targeting lower levels.
Key Levels:
🔹 Resistance: 1.30366
🔹 Support: 1.29467
🔹 Target: 1.27035
Would you like any modifications to the analysis? 🚀
(XAU/USD) Sell Setup |Bearish Move Expected Towards Key SupportAnalysis:
The price has experienced a strong uptrend but is now showing signs of resistance near the 3,054.161 level.
A support level is identified around 3,000, which has been tested multiple times.
A potential sell setup is indicated after the price retested a resistance-turned-support zone around 3,027.737.
The target for the downside move is marked at 2,942.844, aligning with a previous support level.
If bearish momentum continues, a further decline toward 2,915.859 is possible.
Trading Idea:
Sell Entry: Around 3,027-3,030 after confirmation of rejection.
Stop Loss: Above 3,054 (recent resistance).
Take Profit Targets:
TP1: 2,942
TP2: 2,915
Market Sentiment:
The price is reacting to key levels, and if it breaks below 3,000, it could accelerate the bearish move.
A break above 3,054 would invalidate the short setup and could push the price higher.
Gold declines, accumulate and wait for April news⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its pullback, slipping toward $3,025 in early Asian trading on Monday. The metal retreats from Thursday’s record high, driven by renewed optimism over a potential Ukraine peace deal. However, expectations of Federal Reserve (Fed) rate cuts and lingering economic uncertainties could provide support, limiting further downside for the yellow metal.
⭐️Personal comments NOVA:
Gold is under pressure to sell and take profits in the short term. There is still a lot of liquidity in the 3000 price zone. The price will continue to accumulate around $3000.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3031 - $3033 SL $3038
TP1: $3020
TP2: $3010
TP3: $3000
🔥BUY GOLD zone: $2991 - $2993 SL $2986
TP1: $3000
TP2: $3008
TP3: $3017
⭐️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
EUR/USD 4H | Bearish Retest Before Drop? The EUR/USD pair has broken below an ascending channel, signaling a potential bearish trend. After the breakdown, price is now retesting the previous support as new resistance, creating a sell opportunity.
🔎 Key Observations:
✅ Resistance Zone: The 1.08392 - 1.08411 level is acting as a strong resistance after the breakdown.
✅ Sell Confirmation: A rejection from this resistance level will confirm the bearish move, with 1.06773 as the next target.
✅ Bearish Expectation: If price fails to reclaim the broken trendline, further downside momentum is expected.
📌 Trading Plan:
🔻 Look for bearish price action signals (e.g., rejections, bearish engulfing candles) at the retest area.
🔻 A confirmed sell setup can target 1.06773 as the next support zone.
🚨 Risk Management Tip: Use stop-loss above 1.08500 to protect against invalidation.
💬 What are your thoughts on this setup? Are you looking for shorts or waiting for more confirmation?
GBP/USD Breakdown – Support Under Pressure, Bearish Target AheadChart Analysis:
The GBP/USD pair is currently trading around 1.29578, facing resistance near 1.30366.
A support zone has been identified around 1.29000, which the price is testing.
If this support level breaks, we could see a bearish move toward the next target near 1.26970.
Strong support is positioned lower, which may act as a key reversal point if the decline continues.
Trading Outlook:
Bearish Scenario: If the price breaks below the current support, a drop toward 1.26970 seems likely.
Bullish Scenario: If GBP/USD holds above support, we may see a retest of resistance at 1.30366.
Conclusion:
Traders should watch for a confirmed breakout or rejection at support before taking positions. A clean break below could trigger a stronger bearish move. 🚨
SHORT ON GBP/AUDGBP/AUD has the same setup as EUR/AUD from my post yesterday.
I am selling GBP/AUD for the same exact reasons.
Looking to catch 600 pips long term but over 200 pips easily this week!
Gold price start to adjust yet?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face renewed selling pressure during the Asian session on Friday, retreating toward the $3,030 level in recent trading, inching closer to the previous session’s low. The US Dollar (USD) maintains its upward trajectory for the third consecutive day, prompting some profit-taking on the precious metal ahead of the weekend. However, a confluence of supportive factors is likely to keep bullion resilient, positioning it for a third consecutive week of gains.
⭐️Personal comments NOVA:
Breaking the trend, has gold price really been in the weekend price adjustment rhythm? According to NOVA, it has started. Before the tax policies in early April, the market needs a little balance in terms of liquidity on the selling side.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3040 - $3042 SL $3047
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $3019 - $3017 SL $3014 scalping
TP1: $3023
TP2: $3030
TP3: $3040
🔥BUY GOLD zone: $3000 - $3002 SL $2995
TP1: $3010
TP2: $3020
TP3: $3030
⭐️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
SMCI -- more weakness ahead near term!looking for additional sell sequences to fill gap targets at 33.7 and 31.5 levels as we approach tariffs being implemented on 4/2/25.
holding put options for 4/17 expiration
Gold (XAU/USD) Bearish Reversal – Potential Sell SetupAnalysis Overview
The 4-hour chart of Gold (XAU/USD) shows a possible head formation, indicating a potential trend reversal. The price has faced resistance near the 3,053 level, leading to a rejection. The current price action suggests a bearish movement, with a possible downside target at the support zones marked in the chart.
Key Levels:
📍 Resistance: 3,053
📍 Current Price: 3,030
📍 Target Levels: 2,978 / 2,962 / 2,931
📍 Major Support: 2,881
Trading Plan
🔴 Sell Entry: Below 3,030
🎯 Target: 2,978 / 2,962 (Short-Term), 2,931 / 2,881 (Extended)
🛑 Stop Loss: Above 3,053
Technical Outlook
The market structure suggests a potential breakdown.
Confirmation will be needed through further bearish momentum.
Traders should watch for rejection candles or breakdown from key levels.
📊 What’s Your Take on Gold? Will it hit the lower support levels? Let me know in the comments! 👇
SHORT ON NZD/JPYNZD/JPY Has rejected a major resistance area and is breaking structure to the downside.
The JPY index is looking strong from a major demand level. XXX/JPY pairs do the opposite of whatever the index does.
Therefore I will be selling NZD/JPY looking to catch over 200 pips easy.
Gold (XAU/EUR) – Bearish Setup at Key Resistance LevelChart Overview:
This 4-hour chart of Gold (XAU) against the Euro (EUR) suggests a potential bearish setup as the price has reached a key resistance zone.
Key Observations:
Resistance Zone: The price has broken above a descending channel and is testing a significant resistance level around 2,790 - 2,800 EUR.
Sell Signal: A rejection from this resistance level has prompted a potential short entry.
Bearish Target: The projected price decline could reach the 2,727 EUR support zone, aligning with previous demand areas.
Risk-to-Reward: The expected decline represents a -2.08% move, indicating a strong risk-reward setup for sellers.
Trading Idea:
Sell Entry: Near 2,790 EUR (if rejection confirms).
Target: 2,727 EUR (support zone).
Invalidation: A breakout above resistance could signal further bullish continuation.
This setup suggests a short opportunity, but traders should watch price action for further confirmation before entering trades. 📉🔥
EURGBP Bearish Continuation Setup Potential Drop to Key Support📌 Overview:
The EUR/GBP pair is showing signs of bearish continuation after failing to break above key resistance levels. Price action indicates a potential downward move towards a major support zone, aligning with the overall market structure.
🔎 Technical Analysis:
The pair has formed a lower high, indicating weakness in bullish momentum.
A breakdown from the recent consolidation zone suggests sellers are in control.
Price has breached a key support level, turning it into a resistance zone.
The market structure indicates a potential drop towards 0.82773, which aligns with a previous support area.
📊 Key Price Levels:
✔ Resistance: 0.84000 - 0.84200 (previous support turned resistance)
✔ Current Price: 0.83876
✔ Target: 0.82773 (major support and liquidity zone)
✔ Stop Loss: Above 0.84000, invalidating the bearish setup
📉 Trade Plan & Execution:
🔹 Entry Strategy:
Traders can look for a retest of broken support (now resistance) near 0.84000 to confirm selling pressure.
A bearish rejection candle (such as a shooting star, bearish engulfing, or pin bar) could confirm the continuation of the downward trend.
🔹 Profit Target:
The primary target is 0.82773, which acts as a strong demand zone from previous price action.
🔹 Risk Management:
A stop loss should be placed above 0.84000, as a break above this level would invalidate the bearish setup.
Maintaining a favorable risk-to-reward ratio (1:2 or better) is advisable for optimal trade execution.
📢 Market Outlook & Considerations:
✅ Bearish Confirmation: Sustained rejection from resistance and lower highs strengthen the bearish outlook towards 0.82773.
🚨 Bullish Reversal Risk: A break above 0.84000 could invalidate the setup, signaling a potential return to bullish momentum.
📊 Fundamental Factors: Keep an eye on GBP and EUR-related economic data, central bank policies, and risk sentiment, which could impact price movements.
USD/JPY Bearish Continuation📉 Trend Analysis:
The chart shows a breakdown from an ascending channel, indicating a potential bearish reversal after an extended uptrend.
Price has formed a descending channel, reinforcing the short-term bearish structure.
🔍 Key Levels:
Sell Zone: Around 0.0066848 - 0.0066919, acting as resistance.
First Target: Around 0.006490, a strong support area.
Second Target: Around 0.0065692, marking a deeper level of bearish continuation.
Final Target: Around 0.0064632, a critical demand zone.
📌 Trade Plan:
Look for sell entries on a possible pullback to the resistance zone.
Confirmation through rejection candles or continuation patterns could strengthen the bearish case.
⚠ Risk Management:
Stop loss above the previous resistance around 0.0067184.
Take profits gradually at key support zones.
Gold (XAU/USD) on a 4-hour timeframe, showing a potential short Chart Analysis:
Current Price: $3,039.93
Resistance Level: $3,055.47 (marked as a key level where a sell opportunity is identified).
Target Level: $3,000.73 (suggested as the take-profit area).
Support Zone: Highlighted around $2,900.
Trading Idea:
The price is in an uptrend, but a potential reversal is expected at the $3,055.47 resistance level.
If the price fails to break above this resistance, a short position could be considered.
Entry Strategy: Sell near $3,055.47 upon confirmation of rejection.
Target: A drop towards $3,000.73.
Stop Loss: Above the resistance zone to manage risk.
Conclusion:
This is a counter-trend short setup, aiming for a pullback within the broader bullish trend. Traders should monitor price action near resistance before entering a trade.
SHORT ON CAD/JPYCAD/JPY is currently at a major resistance level/zone and has formed a minor double top just breaking the neckline on the lower timeframes.
I will be selling cad/jpy to the next major swing low for about 200 pips.
GOLD ROAD MAP 3000 TO WATERFALL ALERT!🔥 Attention Traders! 🔥
XAUUSD is on fire! 🔥 Here's the latest update:
🔻 Bearish Outlook: Watch out for a potential drop if price falls below 2979. Targets: 2940 & 2960.
🔺 Bullish Outlook: A breakout above 2989 could lead to buying opportunities! Watch for targets: 3000 & 3020.
📈 Stay Tuned: Share your thoughts and strategies as we navigate this golden market! Let's hit new highs! 💰🚀
EURUSD continue decrease H1 🔔🔔🔔 EURUSD news:
👉The EUR/USD pair slips to around 1.0835 during Asian trading hours on Friday, as the Euro (EUR) weakens against the US Dollar (USD) amid rising trade tensions between the United States and the European Union. Later in the day, market participants will focus on Germany’s Harmonized Index of Consumer Prices (HICP) for February and the preliminary Michigan Consumer Sentiment report for March.
Personal opinion:
👉Price is falling along the trendline, the main trend of H1, along with the increase of the dollar through tax policies. EURUSD continues to be under downward pressure (Trump administration threatens new tax rates for EU)
Technical analysis:
👉trendline H1 + resistance ( news USD today )
Plan:
🔆Price Zone Setup:
👉SELL EURUSD 1.08400 - 1.08500
❌SL: 1.08800
✅TP: 40 - 70 -120 PIPS
FM wishes you a successful trading day 💰💰💰
Bearish thesis for GOLD for the weekend XAU had been on a steady Bullish Run , Rightfully so.
if any asset deserves to appreciate in its price while doing the most amount of Good, its GOLD
But we traders , look for technical opportunities
that's where this trade idea comes in.
- Gold is pressuring its recent range with limited bullish strength
- also its its most popular cross - USD gaining substantial momentum the last 2 Quarters can make room for a correction before the trend continues to the upside.
therefore falling back on pure technical calculations leads us back to our excel sheets for daily range projections which put our range to be exactly 1.03% or 3034 /303* pips depending your brokerage metrics.
which leads me to make this 1:4 Trade idea for this week.
cheers.
Bears dominate gold continues today⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) find support near the $2,880 level during Tuesday’s Asian session, drawing dip-buyers and partially recovering from the previous day’s drop to a one-week low.
Investor sentiment remains cautious amid uncertainty over US President Donald Trump’s trade policies and their potential impact on the global economy. The prevailing risk-off mood, compounded by geopolitical tensions, continues to fuel demand for the safe-haven metal
⭐️Personal comments NOVA:
US economy plummets, fears of recession due to rising trade tensions
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2915 - $2917 SL $2922
TP1: $2910
TP2: $2900
TP3: $2890
🔥BUY GOLD zone: $2860 - $2862 SL $2855
TP1: $2870
TP2: $2880
TP3: $2890
⭐️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
SHORT ON EUR/CHFEUR/CHF is currently at a major resistance level and his recently mitigated a FVG sitting in the same zone.
Price has been rising in what seems like forever on this pair, we finally have gotten our change of character (choc) to the downside with sweeps of liquidity and fvg's now balanced out.
I expect price to fall to the next demand level where plenty of liquidity sits.
I am selling EUR/CHF now looking to make over 200 pips to the downside.
GBP/USD SELL IDEA (R:R=5)Selling GBP/USD now. I placed a sell earlier at 1.29276 after seeing a wonderful BUTTERFLY form on the 30 min chart. Already starting to form lower highs and lower lows on smaller timeframes.
Stop Loss is: 1.29552
(Due to SL hunting)
Please move SL to break even when trade is 100+ pips in profit.
1st Target: 1.26730
2nd Target: 1.26072
3rd Target: 1.25680
Happy Trading! :)
