Shortsignal
SUI Diamond Pattern Formation will Break to Downside (SHORT)I am Seeing a price crash and "V-Shape" recovery in the cards for the SUI price chart. Diamond pattern formation will break to the downside for a measured move down to the 1.618 fib extension. Fed emergency rate cut will reverse the markets back upwards into the US Elections.
Lower buy target @ or around 0.272
Sideway accumulation - XAU around 2500⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) dipped on Tuesday as the US Dollar showed modest recovery. However, Jerome Powell’s hint at Jackson Hole about potential rate cuts could lend support to the precious metal, as lower interest rates make gold more attractive. Rising tensions in the Middle East may also boost gold’s appeal as a safe haven.
China's central bank (PBOC) paused gold purchases for the third consecutive month in July, raising concerns. Traders are eyeing August data for new clues, but worries over China's sluggish economy and declining demand for precious metals could weigh on gold prices.
On Tuesday, the US will release its Consumer Confidence and Housing Price Index data, with the focus later in the week on GDP and PCE figures.
⭐️ Personal comments NOVA:
Gold price is still in an Uptrend in the long term, still needs additional sideways accumulation to create force to reach a new higher ATH.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2494 - $2496 SL $2491 scalping
TP1: $2502
TP2: $2508
TP3: $2515
🔥BUY GOLD zone: $2484 - $2486 SL $2479
TP1: $2495
TP2: $2502
TP3: $2520
🔥SELL GOLD zone: $2545 - $2547 SL $2552
TP1: $2538
TP2: $2530
TP3: $2520
⭐️ 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
TON ANALYSIS (BREAKDOWN)🔆 #TON Analysis : Breakdown
📊As we can see that #TON is following ascending channel on 4hr time frame. There is a breakdown in #TON and if it sustain this breakdown then we would see a dump first then a pump.
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#TON #Cryptocurrency #ChartPattern #DYOR
Gold Price MONDAY - Correction to Go Up⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) struggled to build on the gains from the past two days and traded within a narrow range during Monday's Asian session. A positive tone in the equity markets created some headwinds for the safe-haven metal, but several factors should prevent significant losses. The potential for escalating geopolitical tensions in the Middle East may temper market optimism. Additionally, dovish expectations for the Federal Reserve (Fed) are keeping US Dollar (USD) strength in check, which should offer support to gold.
⭐️ Personal comments NOVA:
Gold price at the beginning of the week was mainly sideways around the 2410 - 2440 range, slightly adjusted to continue the stronger uptrend during the week.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2407 - $2409 SL $2402
TP1: $2415
TP2: $2422
TP3: $2430
🔥SELL GOLD zone: $2458 - $2460 SL $2465
TP1: $2450
TP2: $2440
TP3: $2430
⭐️ 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
BTCUSDT, Wed 07 Aug, Expecting Big Short after Long !The price of Bitcoin has entered premium from the discount area since Monday.
But it has not yet reached 62%.
It seems that today will form the maximum price of the week.(High of This Week)
By crossing yesterday's High and reaching a FVG or EQL,
And if it breaks the market structure with two or three bearish candles, it is expected that another profitable short position can be taken.
$2400 price zone is important support for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) finds it hard to build on its early Asian session gains on Tuesday, though it manages to stay above a one-week plus low hit on Monday. President Biden's decision not to run in 2024 boosts Trump's chances, sparking hopes for less strict regulations. This, combined with surprise rate cuts by China's central bank on Monday, fuels a broadly upbeat market mood, which weighs on the safe-haven metal. The positive risk sentiment acts as a headwind for the precious metal's appeal as a refuge asset.
⭐️ Personal comments NOVA:
Gold price is in a downward correction - sideways accumulation around the 2400 area. Wait for inflation data this week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2384 - $2386 SL $2378
TP1: $2392
TP2: $2400
TP3: $2410
🔥SELL GOLD zone: $2431 - $2433 SL $2438
TP1: $2422
TP2: $2410
TP3: $2400
⭐️ 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
GBP/USD !! Touching the EMA, the price decreases⭐️ Smart investment, Strong finance
⭐️ GBP/ USD INFORMATION:
The Pound Sterling (GBP) fails to extend a slight recovery above the immediate resistance of 1.2930 against the US Dollar (USD) in Monday’s European session. The near-term outlook of the GBP/USD pair has become uncertain after a corrective move from an annual high of 1.3044 recorded last Wednesday. The Cable faced selling pressure as improved speculation for Donald Trump winning United States (US) presidential elections this year prompted the US Dollar’s appeal.
⭐️ Personal comments NOVA:
Notice that the H1 frame touching the EMA is still in a downtrend - SELL NOW price range 1.29300
🔥SELL GBP/USD zone: 1.29300 - 1.29500 SL 1.29800
TP1: 1.29000
TP2: 1.28600
TP3: 1.28300
⭐️ 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
Major BTC Bulltrap? Another leg downwards! BTCUSD Index Analysis OF Very Probable reversal and new downtrend continuation
Reasoning goes by the points I've made below
DOUBLE-TOP that happened at May 20th and June 24th AT 71940 BITSTAMP:BTCUSD
Further major and strong Order Block (4H OB) at 67700-68400 BITSTAMP:BTCUSD level
This recent move, that has been happening since July 19th, has sweeped old Liqudity area that previously formed mid-trend and formed DOUBLE TOP that happened at June 14th & 17th
Additionally, June 20th Liqudity Run, that formed a Lower Timeframe Breaker Block, which was recently used as support for last liqudity area, just got swept (at the time of writing 20:52 utc +3).
All of above coinsides with 0.236 Fibonaci retracement of last major downtrend that started at June 24th and ended on July 5th.
Exuberant market sentiment about recent market uptrend and additionally too many optimistic mainstream media news regarding $BTCUSD.
For last few confirmation would like to see
66300 Level - Break and Close of LTF Breaker block area
62400 Level - Another imporant level, if we break and close below, then it will only confirm all of the above.
53500 Level - future level that I watch, when we get closer to it I will do another analysis.
NOT ANALYSIS🔮#NOT Analysis : Pattern Formation 💰💰
📈 #NOT is making perfect Double Top Pattern and if #NOT breakdown the trendline then we would see a dump.
📊 Current Price: $0.01642
⏳ Target Price: $0.01536
⁉️ What to do?
- We can trade according to the chart and make some profits in #NOT. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
#NOT #Cryptocurrency #DYOR #Dump #Brearish
DAX H1 - Sell SignalDAX H1
We have just shifted up our short tool here, yesterday we were just a mere 5 or so points away from our black line, sell zone. We are really trying to catch that previous area of resistance and supply price that sits around 18640 price. We are still looking to try and execute something on that basis.
Eyes peeled, we will follow along with this one today and see what we can fathom.
Continuing DOWN trend !! XAU decrease⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) rose for the third consecutive day, reaching a weekly high of around $2,341-2,342 due to weaker US consumer inflation figures. However, the momentum slowed down near the 50-day Simple Moving Average (SMA) resistance after the Federal Reserve's unexpected hawkish stance. The Fed now expects only one rate cut in 2024, compared to the three previously projected in March. This is likely to put further downward pressure on gold during Thursday's Asian session.
⭐️ Personal comments NOVA:
Gold price shows that selling pressure is dominating in the short-term H1 session. The economic data this week is not enough to help the price of Gold increase - the most important thing is still the information that the FED's interest rates will be kept unchanged, causing the price of Gold to continue to decline.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2270 - $2268 SL $2263
TP1: $2280
TP2: $2290
TP3: $2300
🔥SELL GOLD zone: $2319 - $2321 SL $2326
TP1: $2310
TP2: $2300
TP3: $2290
⭐️ 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
Gold price falls - sideway adjustment⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) trades lower on Wednesday after pulling back from a recent high. The Federal Reserve (Fed) has expressed the need for stronger evidence of easing inflation before considering interest rate cuts, implying that rates will likely remain higher for an extended period. This could potentially strengthen the US dollar and weigh down gold prices, although factors like US-China trade tensions, geopolitical tensions in the Middle East, and demand from central banks and Asian buyers may limit the metal's downside. Today, gold traders will focus on the release of FOMC Minutes and a speech by Fed's Goolsbee.
⭐️ Personal comments NOVA:
Gold price adjusted down within the H1 trend line, sideway accumulation
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2407 - $2409 SL $2404 scalping
TP1: $2413
TP2: $2418
TP3: $2425
🔥BUY GOLD zone: $2399 - $2397 SL $2392
TP1: $2405
TP2: $2415
TP3: $2430
🔥SELL GOLD zone: $2440 - $2442 SL $2447
TP1: $2430
TP2: $2425
TP3: $2417
⭐️ 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