Short Opportunity for EUR/USD with Alternative Bullish ScenarioThe EUR/USD trading pair is currently under analysis, presenting a potential short trade opportunity if the price breaks below the previous day's low at 1.07057 . In this scenario, a downtrend could be signaled, with the next target at the 4-hour support level of 1.06668 . For a safer entry, traders are advised to wait for a retest of the 1.07057 leve l and enter the trade after confirmation of resistance. Place a stop-loss order above the retested resistance level to limit potential losses, and set the take-profit order just above the 4-hour support level. Ensure a favorable risk-reward ratio and align position sizing with your risk tolerance. A comprehensive trading plan, including risk management strategies, is essential. This trade offers a potential 40-pip profit if executed correctly.
Alternatively, if the price does not break below the previous day's low and shows a bullish bias, it may target the 4-hour resistance level at 1.07317 , offering a potential 26-pip gain. Traders should monitor price action carefully and consider bullish entry signals if the market exhibits strength in this scenario.
Please remember that trading involves risks, and this idea is not financial advice. Conduct your own research, consider your risk tolerance, and consult with a professional financial advisor if necessary.
Sellsignal
AUD/NZD ↘️ Sell Trade Setup ↘️Hello Everyone 🙋🏽♂️
🔴 1.09135
🟢 1.08550
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
UNFI/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
🔴 10.454
🟢 9.265
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
🚨GOLD PREMIUM REVERSAL 🚨Last week ⚜️Gold⚜️managed to trigger the Bearing daily Order Block.
The Order Block mitigation✅ took place between the 0.71 and 0.79 OTE.
Starting from tomorrow 30 October 2023 traders should be prepared for⏬ SELL⏬ Opportunities.I advice traders to wait for the Reversal Structure to form at the 15m timeframe.
Target Pips: 195 ✅(3.3RR)
🚨Caution 🚨
Stoploss Pips : 59 ❎
AFRM Affirm Holdings big puts addingLast time, AFRM puts were profitable:
This week, Affirm Holdings (AFRM) saw a notable increase in the acquisition of puts with a November 3rd expiration date, set at a $17.50 strike price with a premium of $0.67.
Affirm operates within the "buy now, pay later" model, which has also been dubbed as "pay never" by some analysts.
However, it's worth noting that AFRM currently operates as an unprofitable venture, and its current valuation may be perceived as inflated.
I'm eager to hear your perspective on this matter!
XAUUSD is Preparing to GO DOWN !In this trading idea, we'll explore a potentially profitable strategy for Selling gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals.
Support Levels: We'll closely monitor important support levels on the gold chart. These levels often act as significant barriers for price movement. A break below these levels can indicate a potential trend reversal or a strong bearish sentiment.
Fibonacci Levels: Fibonacci retracement levels are essential for identifying potential reversal zones. We'll use Fibonacci analysis to pinpoint key levels where price may encounter resistance or support, offering valuable entry and exit points.
Order Blocks: Understanding order blocks is crucial for spotting areas where significant buying or selling activity has occurred. We'll identify these zones to anticipate potential reversals or trend continuations.
Trend Reversal: Recognizing signs of a trend reversal is vital for shorting gold effectively. We'll analyze various technical indicators and chart patterns to identify potential shifts in the trend direction.
By combining these elements in our analysis, we aim to provide you with a comprehensive trading strategy for selling gold that maximizes profit potential while minimizing risk. Keep a close eye on these factors and stay prepared for potential market moves. Remember to perform your due diligence and risk management before executing any trades
CHFJPY Short | Trade AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity CHFJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUDUSD BEARISH SETUP|LONGHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity AUDUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
19.10.2023 - SELL GOLD at 1948.00 The recent price movement aligns perfectly with my previous analysis. The market is currently progressing towards the key resistance level. The price managed to break out of a descending channel after forming a double bottom at the support level. I believe there is a possibility of gold retracing from the resistance zone and the upward trendline, given that we have witnessed a bullish trend for the past two weeks, and some correction is likely needed. Should the market test the 1968 level and encounter rejection, this could potentially lead to a bearish reversal. I anticipate a brief pullback from the resistance zone in the short term. My target is set on the support region around 1933.60.
AUDNZD - Plotting the big fallThere are a number of reasons we are taking a short position on AUDNZD
1) The daily trend is still down.
2) H4 is completely overbought at RSI 78
3) Big divergence on H1 seen on the chart
4) Crab pattern present
5) Strong resistance between 1.08 - 1.0830
We expect 170 pip move to the bottom with a risk of 40 pips.
NZDJPY Rising Wedge BreakoutThe pair is already in a strong downtrend on higher time frames. We are expecting further weakness which is signalled by the breakout of the rising wedge pattern. We can also see the formation of a new low and a breakout of a key level which further supports our directional basis.