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SOLUSDT, Tue 09 Jul !Today's price changes situation was interesting and very clean to trade. It's a pity that I was busy today. But it was a good sign for the coming days. What I am looking for is a sharp and fast position with a minimum difference of 10 sols between the entry price and the target! What I saw on today's chart, between Wednesday's high range and last Friday's low! Using only Fibonacci, when the price went above 62%, a short position could be taken. Especially in London and New York sessions! What was evident so far today was that Sat`s High has not been hit! Will this price level (144.30) be reached by the end of today or tomorrow? It won't matter, I'll be looking for shorts again tomorrow. However, on Thursday, I will look for that sharp and fast position. Of course, I also consider that above the 62% level and above the price of 144.30, there are still FVG and price gaps, and this will depend on the highest price will be recorded by tomorrow. Wish You all Low-Loss trade! Tue 09 Jul - 17:53
Short
by kevin13433
3
The bears resisted fiercely! XAU adjustment⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) are rising due to a weaker US Dollar amidst speculation that the US Federal Reserve may cut interest rates in September following weak employment data. Political uncertainties in France and Middle Eastern tensions could further drive up Gold, a traditional safe-haven asset. ⭐️ Personal comments NOVA: Gold's Monday price correction shows resistance from sellers and bears ahead of today's FED meeting. Gold price is still in a long-term price increase range ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2341 - $2343 SL $2336 TP1: $2350 TP2: $2365 TP3: $2380 🔥SELL GOLD zone: $2370 - $2372 SL $2377 TP1: $2360 TP2: $2350 TP3: $2340 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
10
TURBOUSDT - Time for a Retracement (SHORT)Hey Turbo traders! Turbo experienced a rapid surge within a single day and now it's time to analyze the next potential moves. Let's dive into the latest price action and what to expect next. Surge and Retest Rapid Surge: Turbo surged dramatically within one day, showcasing impressive bullish momentum. Retest of mOpen: After the surge, the price retested the mOpen, a key area of interest. Formation of a Head and Shoulders Pattern Head and Shoulders Pattern: It looks like Turbo is forming a Head and Shoulders pattern, a classic bearish reversal signal. Right Shoulder Formation: Now, we need to cool down and form the right shoulder of this pattern. Key Levels and Trading Strategy 1.) Short Trade Setup: Entry Point: We placed a short trade at the monthly open (mOpen) as it presents a great risk-to-reward (R:R ratio) Target Profit (TP): The TP for this short trade is the Fibonacci 0.382 level, around $0.0042. This level also coincides with a previous daily support level, making it a significant target. 2.) Support Area: Fib 0.382 Level: This level is where we expect the price to retrace and find support. 3.) Monitoring Volume and Price Action: Volume Trends: Monitor the volume closely. Decreasing volume during the retracement would support the formation of the right shoulder. Price Action: Watch for bullish signals and price action patterns that indicate a potential long trade opportunity after closing the short. Strategy: Executing the Short and Preparing for the Next Move Executing the Short: Enter the short trade at the monthly open with a TP at the Fib 0.382 level around $0.0042. Potential Long Trade: If we see bullish confirmation at the support area, it might be a good opportunity to open a new long trade. Keep an eye on the volume and price action for entry signals. What are your thoughts on this analysis? Are you in on the short trade and preparing for a long entry? Share your insights below!
Short
by SiDec
4
BTC - Update on my Short / Strategy I suspect that Bitcoin will break down and hit 7,000 to 10,000. I’ve heard many remarks about this being unrealistic or impossible, but the reality is the chart is respecting the prediction and trendlines. While bitcoin can execute a zig zag pattern (34,000 - 45,000 - 8,000) - it technically doesn’t have to. If the TA pattern supports a move to be executed by a measured move, there is no way of stating what’s possible or not in the path towards that level. As an update to my TA - I’d like you to encourage yourself to stay open minded that if that low level is hit, it isn’t an apocalypse - it’s a measured drop from a technical analysis pattern. Assuming this does in fact happen, most people would be too fearful to buy in at that zone - and I am in fact encouraging you to do that. Suspect a resistance level is approximate around 55,700 to 56,000 God speed
Short
by DickDandy
9
BTC ANALYSIS🔮#BTC Analysis : Pattern Formation 💰💰 📈 #BTC is making perfect Double Top Pattern and also there is a breadown of trendline. We can see a dump in #BTC. If #BTC sustains this breakdown then we will see a bearish move🚀🚀 📊 Current Price: $58190 ⏳ Target Price:   $52069 ⁉️ What to do? - We can trade according to the chart and make some profits in #BTC. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲 #BTC  #Cryptocurrency  #Pump #DYOR #Breakout
Short
by ZEUS_Market_Alerts