SHORTING $GBPUSD (4 Reasons)Opening up a short position on FX:GBPUSD for the following reasons.
Recently had a bearish CHoCH+ which indicates a strong market trend shift. This is my trigger to look for short opportunities in the market
Rejected PDH (Previous Day High)
VWAP Divergence line is RED and price is below the VWAP
Great RR with this trade
Entry: 1.26811
Take Profit: 1.25965
Stop Loss: 1.26964
Shortsetup
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key Resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
CHFJPYIs CHFJPY exhausting at strong resistance level?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after reaching at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 170.40 followed by 169.
What you guys think of it?
GBPAUD Longer Term Short - Already involved Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.
GBP/ JPY !! Getting SELL bad data for GBP⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
According to economic data experts, GBP will not be supported today, following the SELL trend around this area, touching the EMA.
⭐️ SET UP GBP/JPY PRICE:
🔥SELL zone: 185.350 - 185.500 SL 186.000
TP1: 185.000
TP2: 184.700
TP3: 184.400
⭐️ 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
Price may retrace to $449.50Now that we have completed 3 waves up and a historic over 12% move up, I am looking for a retrace as recently buying failed to make new highs and the price sideways.
We have ES/MES futures roll over in 5 days so we should expect volatility. and a slow creep down to lower prices as a retrace. I still think the prices will make new highs into the last week of the New Year !
What do you think ??
Selling resumed Today in NFLX/ NetflixIt is profit booking for sure, there is clearly a Red TrapZone and Red UMVD in place for now. So only shorts are active now for Netflix.
TrapZone and UMV combined together are complete automated technical analysis indicator package. You get to clearly see in Realtime the market trend strength and volume confirmation.
opportunity to go long or short in AVAXUSDTguys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
I am looking for a potential short here on META.As you can see here, we are not only approaching a supply zone on the daily chart for NASDAQ:META but we are also riding this trendline. I will look for a break of the trendline and enter a short swing. Remember, always risk what you are willing to lose. Thank you as always reading my analysis. God bless you.
PPI !! There is a chance for recovery!! XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
On Friday, investors will pay close attention to the economic data coming out of China. It is predicted that the Consumer Price Index (CPI) for the nation will decrease by 0.4% compared to the previous year in December. Similarly, the Producer Price Index (PPI) is expected to drop by 2.6% year-on-year, down from the previous reading of 3.0%. If the data turns out to be weaker than expected, it could potentially have a negative impact on the price of gold, as China is one of the largest consumers of the precious metal worldwide. In addition, the US Producer Price Index (PPI) will also be released later in the day on Friday.
⭐️ Personal comments NOVA:
PPI prediction is quite positive for the dollar, Gold price is still sideways around the area below $2040, selling pressure is still trying to return to the $2000 area
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2022 - $2020 SL $2017 scalping Asian session
TP1: $2026
TP2: $2030
TP3: $2034
🔥BUY GOLD zone: $2000 - $2002 SL $1995
TP1: $2010
TP2: $2020
TP3: $2030
🔥SELL GOLD zone: $2053 - $2055 SL $2060
TP1: $2045
TP2: $2038
TP3: $2030
⭐️ 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