SHORT AUDUSDKeeping in line with the current bear trend, I would anticipate price looking to reach for levels below 0.62672. Currently short in profit at 42 pips, total target would be for 150. Although we've been ranging for the past two weeks, price has slowly but steadily been shifting downwards. A key area of interest was taken out when we crossed below 0.63500, no real bullish pressure resulted after reaching below that level. Take note that bullish volume strength has been significantly lower compared to the bearish levels. My take is this market is going to keep trending downwards a bit more. Let's see what the next couple of weeks has in store!
Shortsetup
$MRNA can’t find a bottomThis name has been on my watch the last 6 months. I continued to wait for a possible bottom for a position but every time it pops it just goes down some more. Another delisting here on the $NASDAQ. I expect this to reach newer lows below $36. NASDAQ:SMCI in the same boat. This chart actually looks prime for more downside with these candles. Short it.
WALLSTREETLOSER
$MRNA hasn't been here since APRIL 2020.. pt. 2Posted a quick chart via phone earlier but had to take a look on the desktop. A crucial point here at a supply that once took off 4 years ago.. interesting. Target is $35, leave runners once $36 hits. This could have been a bottom for NASDAQ:MRNA but after the rebalancing of the NASDAQ this may bottom out at $30.
WSL
VIRTUAL - Short Setup with 30% PotentialWe are currently observing a completed 5-wave structure and the emergence of wave A, which found support around $2.5. Now, price action is forming wave B, which aligns with a resistance area marked by the Fib 0.618 retracement and the daily level.
Trade Setup:
Short Entry: For a riskier entry, you can enter now and ladder your position up to the Fib 0.618 and 0.718 levels. A stop loss should be placed above the 0.786 Fib for protection.
Head and Shoulders Projection: Using the bar pattern and the length of the left shoulder, we estimate that wave C will form over the next 2-3 days, confirming the head and shoulders setup.
Take Profit Target:
Low at $2.3266 – First target for securing profits.
Overall Target: The 0.618 Fib retracement of the entire 5-wave structure at $2.1002.
Risk-Reward (R:R):
Potential for 3:1 and 5:1 trades, offering a gain of 20% - 30%.
Additional Notes:
If dOpen is lost with volume confirmation, this provides an opportunity to add to the short position.
With the holiday season approaching, this short setup allows for some time off the screen while still capitalizing on market movements.
This setup offers an excellent blend of risk and reward, with options for both aggressive and conservative short entries. Happy trading.
UXLINK - Is a Reversal Imminent? SHORT SETUPUXLINK has seen impressive gains over the past 7 days, rising +140% and approaching the swing high at $1.208. This price action suggests the possibility of a correction, providing an attractive short opportunity if it faces rejection at these levels.
Key Observations:
Recent Bullish Momentum: UXLINK has been on a 7-day bullish run, rising significantly, which increases the likelihood of a short-term pullback or correction.
Swing High at $1.208: As UXLINK nears the swing high at $1.208, this could act as a potential rejection point. A rejection here could provide an excellent shorting opportunity.
Riskier Trade: If you prefer a more aggressive position, a short could be taken now, targeting the swing high with a laddered approach towards that level.
Possible Correction Ahead: With 7 consecutive bullish days, a correction is likely in the near future. The dOpen at $1 serves as a strong support level to target for a short.
Break Below $1: If UXLINK breaks below the $1 level, the next target becomes the wOpen at $0.8645.
Reward-to-Risk Potential:
Target 1: $1 (dOpen) offers a 4:1 risk-to-reward, with a potential 16.45% gain.
Target 2: $0.8645 (wOpen) offers a 7:1 risk-to-reward, with a possible +28.5% gain.
Elliot Wave Count: According to Elliot wave theory, UXLINK is approaching the completion of its 5-wave structure, which may further indicate that the upward trend is nearing exhaustion.
Summary:
Bullish run over the past 7 days makes UXLINK susceptible to a correction.
Swing high at $1.208 could provide an ideal short opportunity, with strong targets at $1 and $0.8645.
Reward-to-risk ratios are favorable, offering 4:1 or even 7:1 if the trade is executed properly.
Elliot Wave suggests the end of the current upward movement, further supporting the case for a potential short.
Weakness Prevails Below Key LevelsChainlink continues to show bearish momentum after losing key support levels.
Key Observations:
dVAL and pdVAL Lost – LINK has dropped below the daily value area low (dVAL) and remains weak with no significant new volume coming in, indicating a lack of buying interest.
Swing Low Taken Out – LINK has taken out the swing low at $28, but the volume remains low, showing weak follow-through and limited buying activity.
pdVAL and pdPoC Resistance – The previous daily value area low (pdVAL) and the previous daily point of control (pdPoC) are both situated at $29, now acting as a strong resistance level. Bulls must reclaim this area to regain strength.
Lack of Bullish Defense – Bulls are failing to defend key levels, further signaling weakness.
Below Key Levels – LINK remains below the weekly open (wOpen) and the daily open (dOpen), confirming a bearish bias.
Target Levels:
Bearish Targets:
pwOpen (previous weekly open) coincides with the daily level at 26.09, making this a significant confluence area for potential support.
The 0.5 Fibonacci retracement at 25.61 strengthens this zone as a next key downside target.
Next Major Zone: The green support area below 26.09 remains a potential demand zone if selling pressure persists.
Summary:
With LINK taking out the swing low at $28 on low volume, remaining below dVAL, pdVAL, dOpen, and wOpen, the bearish momentum remains intact. The pdVAL and pdPoC at $29 now serve as strong resistance. The next major downside target lies at 26.09, where confluence with the pwOpen and daily level strengthens the support zone.
ADA – Is the $1 Support Zone the Next Target?ADA is currently trading within a well established range-bound structure. Here’s the breakdown of this setup:
1. Key Levels to Watch
$1.00
This is the most critical support zone and psychological level.
The Golden Pocket (0.618 Fibonacci retracement) lies perfectly at this level, adding strong confluence for buyers to step in.
Resistance:
Around the 0.786 Fibonacci retracement level (~$1.107), where price could be rejecting. The 0.786 Fibonacci level coincides with the Point of Control (POC) of the trading range.
The anchored VWAP (Volume Weighted Average Price) aligns with this resistance, creating a high-probability short opportunity!
2. Trade Setup: Low-Risk Short Opportunity
Given the confluence of the following:
0.786 Fibonacci level (~$1.107): Resistance zone.
Anchored VWAP: Adding overhead selling pressure.
Order Block & Golden Pocket at $1: Strong support target.
This creates a low-risk short setup:
Entry: Near $1.107
Take-Profit: $1.015
Stop-Loss: Above $1.113 to limit risk exposure.
3. Risk-to-Reward Ratio
Risk: ~1% loss (tight stop above resistance).
Reward: ~8% gain (targeting the $1.00 support).
This gives us an 8:1 risk-to-reward ratio, making it a highly favorable trade setup.
4. Supporting Indicators
Volume Profile: Price has significant volume accumulation near the current range, indicating strong resistance around $1.10-$1.12.
Bearish Structure: Price remains below the anchored vwap (yellow line), indicating bearish momentum.
Conclusion
ADA is showing strong confluence for a potential short opportunity with minimal risk and significant upside reward. A retest of the $1 support is likely, given the combination of the Fibonacci Golden Pocket, order block and anchored VWAP resistance.
XAU - monday sideway! Scalping follows the downtrendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Last week's US Consumer Price Index (CPI) and Producer Price Index (PPI) reports strengthened expectations that the Federal Reserve (Fed) will ease its rate cuts at a slower pace next year.
On Friday, the benchmark 10-year US Treasury yield climbed to a three-week high, reflecting market bets on a less dovish Fed stance, which could limit gains for the non-yielding gold.
Looking ahead, Monday's release of global flash PMI data may shape broader market sentiment and potentially impact demand for the safe-haven precious metal.
⭐️Personal comments NOVA:
Gold price is slow on the first trading day of the new week, around the 2650 area.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2662 - $2664 SL $2667 scalping
TP1: $2657
TP2: $2650
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
GBPJPY Analysis - SellGBPJPY Analysis Overview
1. Seasonality:
GBP: Bearish — Historical data for this time period shows GBP typically weakens.
JPY: Bullish — Seasonal trends favor JPY strength, aligning with a sell bias for GBPJPY.
---
2. COT Report (Commitment of Traders):
GBP:
4-week flip indicates a Sell bias.
JPY:
4-week flip indicates a Buy bias.
Non-commercial long positions are increasing, indicating strong demand for JPY.
---
3. Fundamental Analysis:
LEI (Leading Economic Indicator):
GBP: Decreasing — Suggests economic slowdown and bearish momentum for GBP.
JPY: Range — Neutral economic outlook, but overall supportive of its safe-haven appeal.
Endogenous Factors:
GBP: Decreasing — Internal economic conditions are weakening, favoring a sell bias.
JPY: Increasing — Positive domestic factors support JPY strength.
---
4. Exogenous Factors:
GBPJPY:
Classified as a Strong Sell due to broader external influences such as global risk aversion and JPY's safe-haven demand.
---
5. Technical Analysis:
On the 4-hour chart:
There is a visible order block and a fair value gap (FVG) in the price structure.
The price has retraced to 50% of the order block, presenting a favorable opportunity to enter a short position.
Confluence from bearish market structure and resistance zone further validates the sell setup.
---
Bias: Strong Sell
Based on seasonality, COT data, fundamentals, exogenous influences, and technical analysis, GBPJPY is poised for a significant downside move. Look for selling opportunities at or near the current resistance levels within the order block.
SUPERUSDT Long Setup / 2x-3x LeverageBINANCE:SUPERUSDT
📈Which side you pick?
Bull or Bear
Low-risk status: 3x-4x Leverage
Mid-risk status: 5x-8x Leverage
(For beginners, I suggest low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone 1.98-1.91
⚡️TP:
2.12
2.23
2.36
2.49
🔴SL:
1.72
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
NVDA correction to $105-112 range- NVDA has completed it's motive wave 1-5 and currently is under corrective wave ABC.
- Within ABC leg, it's under the leg C where it will eventually find a bottom and then start fresh motive wave 1-5.
- Chart looks interesting and monitor carefully for the entry when it corrects!
INDIAN HOTELS- UPSIDE CAPPED-BOOK PROFIT/ SHORTINDIAN HOTELS, CMP 855.60; RSI:78.71
Indian hotels has given good runup and created good wealth for investor. Now RSI suggest script is in overbought zone, wave analysis also suggest that upside is capped for the script till 950 to 980 levels. As per the minute level chart analysis, script will face resistance at current level and may retrace to a level of 805 to 775 levels and will form corrective wave-a pattern and bounce back to 910 to 950 level before settling down in consolidation zone.
SHORT @ 910-983
STOP LOSS: 1010
TARGET: 775-805
Sell, Sell, Sell GBP/USD from 1.26341Using both HTF and LTF analysis and comparing this to the Dollar we can see that the pound will drop this week.
From market open we can expect price to either take the ASH tapping into the 4H supply and continue in the downtrend from last week taking the ASL and further breaking structure to the downside.
However, there is also an ASH above so it is possible price may push up slightly in order to grab liquidity and continue pushing down. With the extreme bearish euphoric price movement price may have already taken enough liquidity in order to respect the ASH and just move to the downside with no point of entry.
Regardless of the way price decides to move when the markets open and asian session is in play, I expect price to push down as we have seen a heavy downtrend.
$SMCI slippy downside; $29 targetWith the rebalancing of NASDAQ, removal of NASDAQ:SMCI after it got a pump from it submitting financial reports to keep it from being delisted the big dogs realize this fraudulent company isn’t worth the risk, investment and headache. I expect below $30. Easily can be down 5% this week and that’s modest. Official date is December 23rd. I will be entering $30p for a swing. There was tons of buying at sub $20’s. There will be tons of selling here. How do people invest in a company who can’t report on time, falsify numbers, auditing team quits on them? Sometimes you don’t play the charts, you play the god damn news. Look at NYSE:UNH , look at my past post & chart. That thing got smoked. NASDAQ:MRNA is next.
WALLSTREETLOSER
bitcoin cash technical analyze "🌟 Welcome to Golden Candle! 🌟
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SCALPING XAU ! Break 2676 and retest entry SELLSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Anticipation of a more cautious stance from the Federal Reserve (Fed) supports US Treasury bond yields and helps the US Dollar maintain its weekly rise to a new monthly high, which could limit gains for the lower-yielding gold. Investors are now focused on the upcoming FOMC policy decision next week, seeking clarity on the US interest rate outlook. This decision is expected to influence USD demand and provide clearer direction for XAU/USD.
⭐️Personal comments NOVA:
Continue correcting below the 2670 zone, break out and wait for the SELL retest point at 2676
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2676 - $2678 SL $2681 scalping
TP1: $2672
TP2: $2665
TP3: $2660
⭐️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
TradeCityPro EURJPY Analysis Key Opportunities Ahead👋 Welcome to TradeCityPro Channel!
Let’s move beyond crypto and analyze the popular EUR/JPY currency pair from both fundamental and technical perspectives, preparing for potential triggers in the days ahead.
🌍 Fundamental Overview
Monetary Policy: The ECB’s hawkish stance strengthens the Euro, while the BoJ’s dovish policies weaken the Yen.
Economic Data: Eurozone GDP and inflation drive the Euro, while Japan's industrial performance and exports influence the Yen.
Risk Sentiment: The Yen gains during risk-off scenarios as a safe haven, while the Euro thrives on Eurozone stability.
Geopolitical Events: The Euro reacts to EU political shifts, while the Yen benefits from global tensions, such as those in the Middle East.
Yield Differentials: Higher bond yields in the Eurozone compared to Japan attract capital flows to the Euro.
Current dynamics show the Euro is stronger, but shifts in risk sentiment or changes in BoJ policy could favor the Yen.
🕒 4-Hour Time Frame
On the 4-hour timeframe, we’ve seen price rejection from the 166.63 resistance level, followed by a downward move. After breaking the descending trendline, the price retraced to the 50% Fibonacci level, creating potential setups:
📈 Long Position Trigger
After breaking the 159.849 level and Fibonacci resistance, a long entry is viable, targeting 162.104. An RSI breakout into overbought territory could add momentum.
📉 Short Position Trigger
If rejected at resistance and breaking below 159.331, a short position is possible, targeting 157.80 or the significant support at 155.119.
Stay alert for confirmations to act on these scenarios.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights.
Technical Setup
Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade.
Trade Plan
Entry: 0.7120 (near the 0.75 Fibonacci level).
Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection).
Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit).
Risk/Reward Insights
This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips.
Disclaimer
Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed.
Follow for more actionable trading insights and strategies!
AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights.
Technical Setup
Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade.
Trade Plan
Entry: 0.7120 (near the 0.75 Fibonacci level).
Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection).
Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit).
Risk/Reward Insights
This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips.
Disclaimer
Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed.
Follow for more actionable trading insights and strategies!
XAU / USD ! Scalping in an uptrend ! support 2702SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold (XAU/USD) pauses its advance on Wednesday after gaining approximately 2.5% over the last three sessions. The metal faces resistance near the $2,700 level during early Asian trading, as investors show caution ahead of the US Consumer Price Index (CPI) report due at 13:30 GMT.
US inflation is expected to remain elevated in November, with headline figures ticking higher. While this data is unlikely to prevent the Federal Reserve (Fed) from implementing a 25-basis-point rate cut next week, it could signal a more measured approach to rate cuts moving into 2025.
⭐️Personal comments NOVA:
The uptrend is still continuing, it is possible to scalp the old resistance price area this morning at 2702
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2702 - $2704 SL $2707 scalping
TP1: $2697
TP2: $2692
TP3: $2685
⭐️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