LINK $27 Setup - Trade when others are in fearCrypto got a 10% slap over the last hours and altcoins like BINANCE:LINKUSDT are currently giving setups for both, long and short. As for now LINK holding above the $22.50 support zone means we're still in play for a long move up to $27 which would result in 15% return. If we brake that support we should wait for a short confirmation and enter a short trade to the nearest support zone at $21. Don't forget that the US100 is currently on the upper side of a broader wedge and could consolidate further until New Years Eve. This would also drag down crypto further. But as long as the support holds, I'm long.
Support Zones
$22.50
$21.00
Resistance Zone
$27.00
Let me know what you think.
Shortsetup
H_1 SCENARIOThe current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors
The current analysis for XAU/USD (Gold vs. US Dollar) suggests a mixed outlook influenced by technical and geopolitical factors combined with a positive RSI trend, suggests a potential continuation toward higher levels like $2,668 if the bullish sentiment persists
On shorter timeframes, consolidation is observed near $2,640, with potential bearish movement if the resistance levels hold. A pullback to previous levels like $2,620 could act as a pivot for further trend assessment
Immediate resistance is noted around $2,668, while support lies near $2,620. Breaking either of these levels could dictate the next directional move
Prediction: In the near term, XAU/USD appears likely to continue testing resistance levels. If the bullish momentum holds, a rise to approximately $2,660-$2,670 could occur. Conversely, failing to maintain current levels may lead to a retracement toward $2,620.
Disclaimer: I am not a financial advisor, and this analysis should not be considered financial advice. Please consult with a professional for trading decisions.
DYDX Two Side Trade / Deadpool is angry:-*BINANCE:DYDXUSDT
BITSTAMP:DYDXUSD
👾Note: The setup is active but expect the uncertain phase as well.
Road-Map: If the price stabilizes below the 2.35 level, dydx can reach near 2$ area,
In chart, I set two positions, one is active and it's short and next one is long.
⚡️TP - Short Setup
2.15
1.94
🔴SL:
2.52
⚡️TP - Long Setup
2.07
2.27
🔴SL:
1.69
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
US100 - 1H - Short Setup to $21,000 (Technical Analysis)The CAPITALCOM:US100 bounced from the upper side of it's wedge where it marked it's new ATH. On the way up we opened two gaps (red in the chart) which are still left to get closed. We also see a RSI divergence which implies we've seen the top for now and are heading lower (at least for the time being).
Current targets would be the support at $21,184, then the trendline of the current wedge at around $21,000 and a bit lower the bigger support zone at around $20,600. If we break above $21,600 this short setup is denied.
Target Zones
$21,184 (Gap Close)
$21,000 (Trendline)
$20,600 (Bigger Support Zone)
What's Next on Gold : 2680 or 2630Gold collected the liquidity but it was unable to sustain above 2675-2680 region!
Now started decline and you can expect a downfall!
It may have a support at 2652, but if it breaks 2652 you can see 2632/2622 by Wednesday!
Consider a Stop at 2680 region if you are shorting at current price of 2664.
For this 16 points SL you can get 32 points reward of 32 points , which is 1:2 RR
Consider this for educational purpose and do not risk more than 1% of your portfolio.
Scalping XAU / USD ! Resistance 2655SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Political unrest in South Korea, geopolitical tensions, and trade war concerns lend support to the safe-haven Gold price. However, modest strength in the US Dollar (USD), fueled by expectations that the Federal Reserve (Fed) may take a less dovish approach due to speculation that President-elect Donald Trump's policies could drive inflation higher, limits further gains for XAU/USD. Additionally, traders appear cautious, likely holding off on significant moves ahead of this week’s upcoming US consumer inflation data release.
⭐️Personal comments NOVA:
Maintaining the sideway price range - scalping the 2655 resistance zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2655 - $2657 SL $2660 scalping
TP1: $2650
TP2: $2645
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
Short Signal on EDUUSDT / Making profit even in Bleeding MarketBINANCE:EDUUSDT
📈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
⚡️TP:
0.6725
0.6375
0.5955
🔴SL:
0.7923
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
XAU Monday! continue sideway below 2655⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds some support at the start of the week, building on Friday’s rebound from the $2,614-2,613 zone, though it remains range-bound over the past two weeks. Friday's US Nonfarm Payrolls (NFP) report reinforced expectations of a Federal Reserve (Fed) rate cut in December, keeping US Treasury yields subdued and providing a boost to the non-yielding gold.
Additionally, a cautious market mood driven by political unrest in South Korea, geopolitical tensions, and trade war concerns further supports the safe-haven metal. However, growing speculation that the Fed might slow or pause its rate cuts in January helps the US Dollar (USD) extend its modest recovery from a near one-month low, which could limit significant upside for XAU/USD.
⭐️Personal comments NOVA:
The sideway price range in early December can last for a long time, buyers and sellers compete in the price range of 2600-2700.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2655 - $2657 SL $2662
TP1: $2645
TP2: $2638
TP3: $2622
🔥BUY GOLD zone: $2614 - $2612 SL $2607
TP1: $2625
TP2: $2638
TP3: $2650
⭐️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
Pfizer Ltd. - Short Position AnalysisChart Overview:
The chart indicates that the stock is in a clear downtrend, following a descending channel pattern. The price is nearing a key horizontal support level (marked in black), and a breakdown below this level may present a shorting opportunity.
Trade Setup for Short Position:
1.Entry Trigger: Below ₹5,028 on a daily closing basis.
2.Targets:
Target 1: ₹4,885 (first demand zone).
Target 2: ₹4,760 (strong support and lower boundary of the descending channel).
3.Stop Loss: Above ₹5,187 (recent swing high and red-dotted resistance level).
4.Risk-Reward Ratio: Ensure a favorable ratio of at least 1:2.
Alternate Scenario:
If ₹5,028 holds as support, the stock might see a pullback toward ₹5,187, where selling pressure could resume.
Polycab India Ltd. - Short Position SetupAnalysis for Short Position Condition:
1.Key Breakdown Level:
₹7,282 is a critical horizontal support level. A decisive breakdown below this level could trigger a bearish move.
2.Volume Profile Analysis:
Below ₹7,282, the volume profile shows limited buying interest until ₹6,997, suggesting a potential drop to this level.
Further weakness could see the stock test ₹6,746, where significant buying activity has previously occurred.
3.Trendline Breakdown:
The stock is trading within an ascending channel. A breakdown below ₹7,282 will confirm the failure of this channel, indicating a trend reversal.
4.Moving Averages:
The 20-day EMA is currently acting as dynamic support near ₹7,282. A breakdown will likely push the stock toward the 50-day EMA around ₹6,997.
The 200-day EMA near ₹6,746 is a long-term support level to monitor.
5.RSI (Relative Strength Index):
RSI is neutral but could head toward oversold levels if the breakdown occurs, strengthening the bearish view.
6.Volume Confirmation:
Watch for an increase in sell-side volume during the breakdown for confirmation.
Trade Plan for Short Positions:
Entry Trigger: Below ₹7,282.
Targets:
Target 1: ₹6,997
Target 2: ₹6,746
Stop Loss: Above ₹7,438 (previous high near resistance).
Risk-Reward Ratio: Ensure an ideal ratio of at least 1:2 for the trade.
Alternate Scenario:
If ₹7,282 holds and the stock bounces, the immediate upside resistance is ₹7,654, above which the stock may resume its bullish trend.
IND HOTELS SHORT!!!IND HOTELS ... FII keeps on increasing their stake at lower levels.
They have been bought this stock from August 2023- December 2023. Aggressively.
At that time stock is not outperforming, only consolidation was happening.
After the completion of their accumulation, the stock skyrocketed.
Now almost 96% return from their bought levels.
It's a trap for retail people like you and me to buy this, they happily sell by manipulating another 5-10% from here.
BTC/USD Week Chart Retrace to $70,026In this idea I illustrate how a set of ascending scallops move in regards to each other. Highlighted in the chart is the first scallop that took us to justs above 100k. I know everyone is bullish and there will be dissenting views, but hear me out. The bull run is not over this is just natural movement. The first scallop almost always retraces to the left top of the hook to form the rounded bottom of the second. This scallop retraces the farthest of any in the set. I hope this helps and it looks like we will resume upwards movement in January. Blessings to you guys and long live bitcoin.
ND
XAU continue SIDEWAY ! long term accumulation ! under 2700✍️ NOVA hello everyone, Let's comment on gold price next week from 12/09 - 12/13/2024
🔥 World situation:
Gold price (XAU/USD) dipped below $2,630 during North American trading on Friday following the release of the US Nonfarm Payrolls (NFP) data for November. The decline came as the labor market report revealed stronger-than-expected hiring, with 227K new jobs added compared to the forecast of 200K. The Unemployment Rate aligned with expectations, rising to 4.2%.
Steady labor market growth has reinforced expectations for the Federal Reserve (Fed) to implement another rate cut in December. According to the CME FedWatch Tool, the likelihood of a 25-basis-point (bps) rate cut to 4.25%-4.50% this month has climbed to 87%, up from 71% on December 5.
🔥 Identify:
NF data makes gold price continue sideways - no trend break. High price zone ends in 2024. Will continue sideways price zone 2605 - 2688
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2655, $2666, 2688
Support : $2622, $2605, $2587
🔥 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
UMAUSDT Short Setup / Futures TradeBINANCE:UMAUSDT
COINBASE:UMAUSD
📈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
⚡️TP:
3.66
3.53
3.41
3.29
3.13
🔴SL:
4.195
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Will Berkshire Hathaway hit $525 before a healthy correction?📈 Introduction Berkshire Hathaway (BRK.B) has shown a consistent pattern of growth over the past years, forming well-defined bullish channels with predictable wave lengths. The current price action suggests a potential healthy correction before another upward rally that could see prices reach the $525 mark.
💡 Key Observations from the Chart
1 - Channel Dynamics:
The price has respected two major ascending channels over the last few years. Each channel has shown waves of sustained upward momentum, lasting approximately 731 days and 790 days, respectively. This consistent cyclicity points to a reliable trend structure.
2 - Correction Phase Ahead?
Based on historical patterns and technical indicators, we might see a short-term correction into the $450-$460 range. This is supported by:
Overbought signals from the Stochastic Oscillator (75/77).
A potential test of the lower boundary of the current ascending channel.
3 - Upside Potential to $525 ~ $550+
After the correction, the next bullish phase could see prices push toward key resistance levels at $491.67 and ultimately $525.90. The confluence of the SMA and VWAP levels reinforces this projection, with strong support near $457.51 acting as a springboard for the next rally.
What’s Next?
The stock remains in a long-term uptrend, and the current dip should be seen as an opportunity rather than a threat. With volatility at 9.63%, the market appears poised for a calculated breakout in the medium term.
What do you think?
$UNH Bad News Longs.NYSE:UNH Recent news should (I believe will) put an end to the madness imaginary run from the corrupt world of health insurance. News circulating NYSE:UNH was a top denier of benefits and claims, only will get worse. A CEO involved in a hit sh**ting? They won't find the "guy" and I assume they will make an arrest but not the actual one who did it. Mmn, conspiracy, yes. But, similar pattern evolving on the chart as well, almost like it all makes sense. Might be a good time to short the health/insurance sector.. maybe.. BlueCross BlueShield just cut back on paying for patients anesthesia in NY, CT, and MO. They are against the people.. biggest ponzi-scheme ever. $555 target, break $500 I see $530. A lot of bearish flow poured in today as well. Months out puts. Not financial advice.
wall street .. loser
XAU ! Scalping sideway zone below 2650SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Expectations for rate cuts remained largely unchanged after the US Department of Labor (DoL) reported that Initial Jobless Claims increased to 224K for the week ending November 29, up from the previous week's 215K. Meanwhile, the benchmark 10-year US Treasury yield remains near its lowest point since October 22, keeping the US Dollar subdued at multi-week lows and providing added support for the precious metal.
⭐️Personal comments NOVA:
Scalping the sideway price range of the European Friday session (2633 - 2650). The main trend is still down, SELL SIGNAL
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2652 SL $2655 scalping
TP1: $2645
TP2: $2640
TP3: $2630
⭐️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
NF - Witness the clear trend! below $2600⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The upcoming US jobs report will play a crucial role in shaping the Federal Reserve's (Fed) monetary policy decision later this month, influencing the US Dollar (USD) and impacting Gold prices. Meanwhile, optimism that the Fed will approach rate cuts cautiously, amid concerns that President-elect Donald Trump's policies may spur inflation, continues to weigh on XAU/USD.
⭐️Personal comments NOVA:
Price dispute: bulls and bears are strong in the Asian session, NF will legitimize the price with a strong discount, personal opinion based on the economic context at the end of 2024
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2687 - $2689 SL $2694
TP1: $2675
TP2: $2660
TP3: $2650
🔥SELL GOLD zone: $2655 - $2657 SL $2660 scalping ( Applies to the Asia-Europe session )
TP1: $2648
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2587 - $2585 SL $2580
TP1: $2592
TP2: $2600
TP3: $2610
⭐️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
BANKNIFTYHi guys,
In this chart i Found a Demand Zone in BANKNIFTY CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
TradeCityPro | XAGUSD Analysis Ready to Move👋 Welcome to the TradeCityPro channel!
Let’s step away from the crypto market and Bitcoin's ATHs for a moment to take a closer look at Silver (XAGUSD). We'll analyze this chart technically and identify potential triggers for entry.
🌟 XAG Fundamentals
Silver (XAG) is one of the most versatile and historically significant commodities, valued both as a store of wealth and for its industrial applications. Understanding its fundamentals helps in
Mining Production: Major silver-producing countries include Mexico, China, Peru, and Russia. Any disruptions, such as strikes or environmental policies, directly impact supply.
Industrial Demand: Around 50% of silver's demand comes from industrial applications, such as electronics, solar panels, medical devices, and batteries.
Investment Demand: Silver is often seen as a hedge against inflation and is regarded as a "safe-haven asset" during periods of economic uncertainty.
Silver-Gold Ratio: Silver typically follows gold but tends to show higher volatility. A rising silver-to-gold ratio signals that silver is undervalued relative to gold, and vice versa.
Silver is a more affordable option for investors who want exposure to precious metals but cannot afford gold.
⏳ 4-Hour Time Frame
On the 4-hour chart, we see that the movements are clean and logical, making it easy to identify support and resistance levels. Most price actions have been steady, without unnecessary fluctuations, making this chart suitable for identifying trading opportunities.
📈 Long Position Trigger
We are currently trading in a box between 29.79 and 31.38, with the price at the upper boundary. A breakout above 31.38 would signal an opportunity for a long position, with the target set at 32.32.
📉 Short Position Trigger
If the 31.38 resistance proves to be a fake breakout, a short position could be considered after a break below 30.76, or after a consolidation period that weakens buyers’ momentum. Additionally, if the price breaks below 29.79, it would provide another opportunity for a short position.
By carefully observing these levels and market behavior, you can find suitable trading setups while managing your risk effectively.
📝 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! ❤️
XAU SCALPING ! Resistance 2655 SELL sideway zone SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Anticipation of a less dovish Federal Reserve (Fed) has sparked a slight rebound in US Treasury bond yields, limiting gains for the non-yielding Gold price. Remarks from several FOMC members, including Fed Chair Jerome Powell on Wednesday, indicate the Fed is likely to proceed cautiously with rate cuts. This encourages traders to exercise caution before making significant moves on XAU/USD, as attention shifts to the upcoming US Nonfarm Payrolls (NFP) report on Friday.
⭐️Personal comments NOVA:
Gold price is still as predicted SIDEWAY, waiting for resistance at 2655 can SELL SCALPING M30
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2654 - $2656 SL $2659 scalping
TP1: $2650
TP2: $2645
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