Shortsetup
head and schoulders TONwe see on larger timeframe a clear head and schoulder pattern. it just came back up to the golden pocket (618 fib ) from the last drop. above at the 786 fib is a FVG. doesnt mean that it will be filled but its possible. TON could drop heavily the nex couple of days/weeks. please leave a comment. i like some feeback.
happy trading and as always .. CHEERS!!
Straddle Trade ahead of US reportsToday I've decided to try a different strategy: a straddle trade.
I've created 2 limit orders from the highs and lows of the 24 hour period. For each order, I set the stop loss for 20 pips, and the TP for the next pivot point line (S1 and R1). The idea is that, no matter the results from the reports from the US treasury, we can capitalize from the trade here.
The orders should expire today, so if the market doesn't move as anticipated we can simply back out of the deal before the weekend.
Quick SPX Scenario for Retesting Lower Support zoneBINANCE:SXPUSDT
BINANCE:SXPUSDT
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.2629
0.2596
0.2560
0.2510
🔴SL:
0.2783
🧐The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
$RBLX - Roblox Bear CaseRoblox problems
1. MMO Platform - Admin cannot faithfully & confidently moderate the expansive player base. Although majority of incidents will remain isolated & unheard of it's only a matter of time until a full scale youtube expose campaign runs viral through the inter webs & presents a critical flaw in the chainlink of Roblox accountability + safety.
2. The annual revenue, cash flow, debt, etc do not correlate to neighbouring assets of similar market caps.
3. They are currently experiencing problems with in game ad placements uk.themedialeader.com
4. There is no plausible route to a higher multiple of profitability.
In my personal opinion the following scenarios could occur to generate more cash.
- Malicious Membership System
- Overindulgence in Ads
- Sale of stock
- Investor Capital ( Debt + )
Those 4 options although temporarily provide cash relief will not solve the problems outlined above, particularly the issue of disparity when it comes to market cap & $$ etc.
In summary a strong bear case can be made for $RBLX.
These MMO platforms are profitable as companies & often thrive under small private team management VS large scale corporate structure ( See Club Penguin history )
Free money shorting post election Nov - Dec 2024 until Nov 2025 ( 1 year time frame ).
$45 -> $16 approx.
#BTC #Bitcoin #Update #Short #Setup #Eddy#BTC #Bitcoin #Update #Short #Setup #Eddy
Bitcoin is ready to move to the 15th Setup, this is the short setup, don't forget to get approval and risk and capital management, full details are available in the latest Bitcoin update, please read.
Related Analysis & Setups of Bitcoin : (( BTC/USD )) : Check Link :
Strong XAU Uptrend! wait ATH 2683⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) pulled back from record highs on Wednesday, dropping to around $2,655 in the European session. A risk-on sentiment and overbought conditions led to profit-taking, while a slight US Dollar uptick added pressure. However, expectations of aggressive Fed policy easing may limit the USD's strength, supporting gold.
Geopolitical tensions in the Middle East and US political uncertainty ahead of the November election also help contain gold's downside. Traders await further clues on the Fed's rate-cut path, with attention on FOMC speeches, including Fed Chair Powell's on Thursday, and the US PCE Price Index on Friday. metal.
⭐️ Personal comments NOVA:
Still a strong bullish force reaching the all-time highest ATH of 2670. The fomo from the market may continue throughout this week
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2626 - $2628 SL $2620
TP1: $2635
TP2: $2642
TP3: $2650
🔥 SELL GOLD zone: $2683 - $2685 SL $2690
TP1: $2670
TP2: $2655
TP3: $2640
⭐️ 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
Little short setup FET/USDTSince fet broke below the rising wedge we could expect a little more of a correction to the downside. There is alse a fvg on the 1H timeframe so that would me my target for this short. But remember. FET is a strong one. But a little correction could happen. This is my setup for it. Please leave comment what u think.
Happy trading. Thanks and CHEERS !
AAVE possible short (rising wedge)We can see a rising wedge wich is mostly a bearish sign.. below on the daily there is a fvg. The target of the wedge is exactly at the fvg. So this is a possible short thats coming soon. This is my setup for it. Happy trading.
Leave comment below. I would like to hear other opinions . Thank you and CHEERS! .
USD/JPY breaking down from channel support line..!The Japaneese yen is getting stronger after the japaneese stock market is crashing. People panic selling stocks to buy Yen.. The 12.4% loss on the Nikkei stock was the worst day for the index since the “Black Monday” of 1987.
Looking at FX:USDJPY we have broken down from the trading range we have been in since DEC 2022. We could now go up for a re-test of the channel resistance line before further downside could be the next moove.
Next demand zones should be at about 137 and 131 and i look for a short opportunity at the re-test of channel resistance line.
Make sure to follow me on X for weekly trade analysis: @PuppyNakamoto
EUR/USD - Short PositionFeeling a downward trend is coming for the currency pair for the next 24-48 hours:
- Recently overbought, but made a reversal recently below the 70 mark (typically price action I use to determine a switch in the trend).
- Good set of resistance (as indicated by the red).
- VFI has just about started to drop, hoping to see a slightly stronger bear takeover.
I'll be closing the position when/if:
The RSI drops to 30 or below
The VFI drops below the median
Happy trading!
ATH XAU ! 2645 ! Continuing uptrend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) reached a new all-time high during Tuesday's Asian session but saw limited follow-through as traders await more clarity on the Fed's rate-cut plans. The focus is now on upcoming FOMC speeches and Friday's US PCE Price Index release.
Expectations for further Fed easing, which has limited the US Dollar's recovery after last week's large rate cut, support gold. Ongoing geopolitical tensions in the Middle East, US political uncertainty, and economic slowdown fears also continue to bolster demand for the safe-haven metal.
⭐️ Personal comments NOVA:
After yesterday's PMI news - gold price continued to positively increase, creating a new ATH. Today, the new ATH trend continues to increase slightly - then it needs to decrease to get liquidity - stabilizing the market
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2591 - $2589 SL $2584
TP1: $2600
TP2: $2610
TP3: $2620
🔥BUY GOLD zone: $2604 - $2602 SL $2599
TP1: $2610
TP2: $2618
TP3: $2625
🔥SELL GOLD zone: $2643 - $2645 SL $2650
TP1: $2630
TP2: $2615
TP3: $2600
⭐️ 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
USDCAD: Support becoming resistance?Over the past 6 months price has been trying to go below 1.36. It took 4 times to break it. Then it did with full force and has now come back up into this same area.
Expecting this to be an essential resistance area.
Initial target would be 1.35200, but would not be surprised if we break the big trendline as we had pretty strong bearish momentum last month.
XAU in correction range as it hits ATH 2600⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) gained traction during the Asian session on Thursday, breaking a two-day losing streak and halting the pullback from its recent record high. The US Dollar's recovery following the Federal Reserve meeting lost momentum after a brief rise, which supported renewed demand for gold. Additionally, concerns over potential economic slowdowns in both the US and China, along with escalating tensions in the Middle East, boosted the safe-haven appeal of gold.
However, the Federal Reserve signaled a cautious approach to large interest rate cuts, leading to a rise in US Treasury yields, which may limit further gains for gold. Traders are now awaiting key US economic data, including Jobless Claims, the Philly Fed Manufacturing Index, and Existing Home Sales, for additional direction.
⭐️ Personal comments NOVA:
Gold price completed the upward cycle reaching the expectation of $2,600 - within the H1 frame's downward cycle, moving within two H1 trend lines.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2531 - $2529 SL $2524
TP1: $2545
TP2: $2560
TP3: $2573
🔥SELL GOLD zone: $2575 - $2573 SL $2578 scalping
TP1: $2568
TP2: $2560
TP3: $2550
🔥SELL GOLD zone: $2583 - $2585 SL $2590
TP1: $2570
TP2: $2560
TP3: $2550
⭐️ 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