SOL throwback short setup formingShort Entry : 133
TP : 122
SL : 136.5
My trading is based on momentum, and the chart said that SOL is going to retest the previous 4H breakout resistance.
Shorttrade
Bulls recover, gold prices grow OLD ATH ⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) climbs modestly toward the $3,080 mark during early Asian trading on Wednesday, buoyed by renewed safe-haven demand as trade tensions between the United States and China intensify.
In a fresh move, US President Donald Trump announced a 90-day delay on new tariffs—set at 10%—for most US trading partners to allow space for negotiations. However, he simultaneously escalated trade friction with Beijing, raising tariffs on Chinese imports to a staggering 125% “effective immediately,” citing China's "lack of respect for global markets."
⭐️Personal comments NOVA:
The rapid recovery and large fluctuations of gold prices show that the impact of Trump's 90-day tariff postponement news is very strong. The price zone of 3135 and 3167 will be under great selling pressure. There is not much momentum for gold prices to create new ATHs.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3164- 3167 SL 3171
TP1: $3150
TP2: $3140
TP3: $3130
🔥BUY GOLD zone: $3074 - $3076 SL $3069
TP1: $3090
TP2: $3105
TP3: $3123
⭐️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
Gold begins to stabilize, trading around 2990⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds renewed upward momentum during Tuesday’s Asian session, appearing to end a three-day losing streak after dipping to a nearly four-week low around the $2,957–2,956 region on Monday. Investor sentiment remains fragile amid lingering concerns over a potential global trade war, triggered by US President Donald Trump’s sweeping reciprocal tariffs announced last week. Fears of a recession and heightened uncertainty continue to fuel safe-haven demand, helping bullion stabilize after its sharp pullback from last Thursday’s all-time high.
⭐️Personal comments NOVA:
Gold price is in a correction downtrend, will continue sideways around 2950 - 3040
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3036 - 3038 SL 3043
TP1: $3020
TP2: $3005
TP3: $2990
🔥BUY GOLD zone: $2962 - $2964 SL $2957
TP1: $2975
TP2: $2990
TP3: $3010
⭐️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
what's next after historic plunged? what's next after historic plunged?
HSI needs to claw its way back - resistance now takes the spotlight!
🚨🚨🚨
🔎🎯 Always ask before you open a position, what's your time frame!?
Follow this principle for your trade for entry and exit so you will not lost on that particular trade. Happy trading everyone! 💰
From previous posts:-
MACD - Deadcross formed 20/3/2025 on D Chart.
4H chart:
at point of writing ✍️: the Index uptrend mode is broken where we have been reviewing the movement of the Index.
For this week trade plan: Most likely short the index for days to few weeks until get confirmation of reversal back to uptrend.
For swing trade: Buy into support Sell at resistance.
Set your TP/SL & protect your capital.
PEPPERSTONE:HK50
On 7Apr25 - special Monday, HSI dropped 13.22% ; 3021.51pts to close at 19828.30. The Index below its 20MA@22814 (currently); 50MA@22509 (currently)
This is the historic largest single day plunge since 1997 Asian Financial Crisis.
Historically, the HSI has experienced significant single-day drops during major financial crises. For instance, that was on October 28, 2008, amid the global financial crisis, the HSI fell by 12.7%, marking its biggest single-day percentage drop since 1997.
Well, human beings shape history. While it may not repeat the same way, but often returns in similar forms and familiar contexts. We are the innovative and creativity creatures on this earth, hence we are free to craft the stories eventually become history.
PEPPERSTONE:HK50
currently the 20MA:22581; 50MA:22423
🚨 as of ✍️ :
🗝️ Resistance : 20632
Resistance Level : 20143 20266
Support Level : 18830 19450
🗝️ Support : 18751
W Chart:- HSI continues its Bullish mode with strong pullback! Recovery could expected to see in end Jun - early Jul'25.
17Mar2025 -
24Mar2025 -
7Apr2025 -
For current markets condition, the CHN & HKG can be volatile with the continuing noise from tariff.
🎯 Reminder: For long term (6-18 months) continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
Let's follow our own zentradingstrategy , continue to trade and zen with 📙 and 🍵 for profits.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage trading and investment buddies.
Bitcoin Signal for Short Lets Make Some Real GameThis is an educational trading setup for Bitcoin (BTC/USD), focusing on a short position opportunity between the $82,000 and $80,000 price levels. The analysis is based on technical indicators, price action strategies, and current market sentiment. Please note: this is not financial advice, strictly for learning purposes!
📉 Trade Concept:
Entry Zone: $82,000
Target Zone: $80,000
Setup Type: Short / Sell
Timeframe: Short-term / Intraday
Market Context: After an extended bullish rally, BTC/USD is showing signs of exhaustion near key resistance. High probability retracement expected towards the $80,000 support area.
🔍 Educational Insights:
Technical Indicators: Overbought RSI levels, bearish divergence, and candlestick reversal patterns around $82,000 zone.
Psychological Levels: $80,000 is a major psychological number where buyers may step in.
Risk Management: Always use stop-losses and proper risk-reward ratios in live trades.
💡 Purpose of Sharing:
This setup is shared purely for educational purposes to help traders understand how to spot potential short opportunities in volatile markets like Bitcoin. Learn how to analyze resistance zones, manage risk, and read price action effectively.
📢 Disclaimer:
This is not financial advice. For educational purposes only. Always do your own research and consult with a professional before making financial decisions.
#Bitcoin #BTCUSD #CryptoAnalysis #ShortTrade #BitcoinSignal #PriceAction #Educational #TradingStrategy #TechnicalAnalysis #CryptoEducation #LearnTrading #RiskManagement
Selling pressure remains, gold price adjusts down⭐️GOLDEN INFORMATION:
Suki Cooper, an analyst at Standard Chartered, noted, “Gold is often seen as a liquid asset that investors turn to when they need to meet margin calls in other areas, so it's not uncommon for gold to decline following a risk event, considering its function within a diversified portfolio.”
On the data front, the US economic calendar showed a solid employment report, with private sector employers adding more than 200,000 jobs in March. Although the Unemployment Rate ticked up slightly, Bloomberg suggested this was “largely due to rounding.”
According to figures from Prime Market Terminal, money market participants have already priced in more than 1% worth of rate cuts from the Federal Reserve by 2025.
⭐️Personal comments NOVA:
Short-term downtrend, disputed price zone 3054 - 2975. Gold price continues to adjust down at the beginning of the week.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3084 - 3086 SL 3091
TP1: $3070
TP2: $3055
TP3: $3040
🔥BUY GOLD zone: $2973 - $2971 SL $2966
TP1: $2980
TP2: $2990
TP3: $3000
⭐️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
Gold prices start to cool down - back to 3000✍️ NOVA hello everyone, Let's comment on gold price next week from 04/07/2025 - 04/11/2025
🔥 World situation:
Gold (XAU) prices deepened their decline on Friday, sliding to a seven-day low of $3,015 before rebounding slightly, after remarks from Federal Reserve (Fed) Chair Jerome Powell suggested that inflation may accelerate again due to the impact of tariffs. At the time of writing, XAU/USD is trading at $3,029, representing a 2.70% drop.
Market volatility persisted as tensions escalated in the ongoing trade conflict between the United States (US) and China. In addition, Powell dampened hopes for imminent Fed rate cuts, stating that tariffs are expected to affect the US economy by slowing growth and pushing inflation higher.
According to a Financial Times (FT) report, hedge funds faced their largest margin calls since the Covid-19 pandemic, triggered by President Trump’s Liberation Day announcement.
🔥 Identify:
The FOMO increase in gold prices is starting to show signs of stopping due to concerns about economic recession. Gold prices will continue to decline back to the price range below 3000, stabilizing the market again.
🔥 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: $3054, $3076, $3105, $3135
Support : $2998, $2953
🔥 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
ServiceNow (NOW) – Technical and Fundamental Analysis 1WServiceNow shares have broken below a key ascending trendline on the weekly chart, strengthening the bearish outlook. The price is approaching the 666, 538, and 338 support zones, which may act as potential reversal areas. The RSI continues to decline, indicating weakening bullish momentum, while the MACD confirms a bearish crossover. EMA 50/200 suggest a rising risk of further downside.
Fundamentally, ServiceNow remains a leader in cloud-based solutions and business process automation. However, it faces pressure from rising interest rates and a possible slowdown in corporate IT spending. Valuation remains elevated, making the stock vulnerable to broader market shifts and macroeconomic headwinds. Upcoming earnings reports will be critical in determining the next move.
The main scenario suggests a drop toward 666 and 538, with a potential extension to 338. An alternative scenario would be a recovery above 766, opening the way toward 868 and 1012. A confirmed close below 666 will reinforce the bearish trend.
NF - Will gold prices continue to fall?⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) finds it difficult to build on Thursday’s late recovery from the $3,054 region—its lowest level in a week—and comes under renewed selling pressure during Friday’s Asian session. The metal has dipped back below the $3,100 threshold in recent trading; however, the broader market backdrop still suggests caution is warranted before anticipating any significant correction from the record high reached just a day earlier.
⭐️Personal comments NOVA:
Waiting for gold price to react to decrease at trendline H1, still a downward trend, fear of trade crisis, world economy
⭐️SET UP GOLD PRICE:
🔥 SELL 3134 - 3136 SL 3141
TP1: $3125
TP2: $3110
TP3: $3090
🔥BUY GOLD zone: $3033 - $3035 SL $3028
TP1: $3045
TP2: $3060
TP3: $3075
⭐️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
Market Moves as Expected—Caution for a Potential ReversalDXY Update : The movement remains in line with my expectations, with the ongoing correction being held by the Fibonacci cluster. At this stage, DXY still has the potential to strengthen, testing the 102.791–103.150 area to form wave iv of wave (v).
However, caution is advised for a potential reversal toward the 100.462–100.946.
EUR/GBP (1H) – Rising Wedge Breakdown & Short Trade Setup1. Overview of Market Structure
The EUR/GBP pair is forming a Rising Wedge Pattern, a well-known bearish reversal formation, which suggests that the current uptrend may soon reverse into a downtrend. The price has been moving within a tightening range, making higher highs and higher lows, but the upward momentum appears to be weakening.
A breakdown from this wedge is a strong bearish signal, indicating that sellers are gaining control, and a significant price drop is expected.
2. Chart Pattern: Rising Wedge – Bearish Reversal
A Rising Wedge is a pattern that occurs when price moves upward within a contracting range. This pattern typically forms after an uptrend and suggests that bullish momentum is slowing down.
Characteristics of the Rising Wedge in This Chart:
The price has tested the upper resistance zone multiple times, but each attempt has resulted in a rejection.
The lower support trendline has been tested frequently, showing that buyers are losing strength.
The breakdown of the wedge signals a strong bearish move, with price expected to drop toward key support levels.
This pattern becomes valid once the price breaks below the lower trendline, confirming the bearish outlook.
3. Key Technical Levels & Zones
A. Resistance Zone (0.84853) – Strong Supply Area
Marked as a Resistance Zone, where price has struggled to break through.
Sellers have stepped in around this level multiple times, preventing any further bullish movement.
Acts as a major stop-loss level for bearish trades, as a breakout above this zone could invalidate the setup.
B. Support Zones (Potential Take-Profit Targets)
1st Support Level (TP1) – 0.82539
This level has previously acted as strong support, where buyers have entered the market before.
A short-term pullback or consolidation may occur here.
2nd Support Level (TP2) – 0.81332
This is the final bearish target, marking a key demand zone from where price has bounced in the past.
If bearish momentum continues, price could reach this level, making it an ideal take-profit zone for swing traders.
4. Trading Strategy & Execution
A. Entry Strategy
A short trade is ideal after the price breaks below the rising wedge pattern. There are two possible entries:
Aggressive Entry:
Enter immediately after the breakout of the lower trendline, anticipating strong downside momentum.
Higher risk as price might retest the trendline before moving down.
Conservative Entry:
Wait for a retest of the broken trendline before entering short.
This confirms the breakdown, reducing false breakout risks.
B. Stop-Loss Placement
Stop-loss should be placed just above the resistance zone (0.84853).
This prevents being stopped out by minor pullbacks before the actual move happens.
C. Take-Profit Targets
TP1: 0.82539 (First major support level – potential profit booking area)
TP2: 0.81332 (Final bearish target – strong demand zone)
5. Risk Management & Trade Management
Risk-to-Reward Ratio (RRR)
This trade offers a high RRR, making it an attractive setup.
The stop-loss is small compared to the potential downside move.
Trailing Stop Strategy
A trailing stop can be used to lock in profits as price moves lower.
If price reaches TP1, move stop-loss to breakeven to secure capital.
If price reaches TP2, close the trade for maximum profit.
Exit Strategy
Exit early if price fails to break key support zones.
Monitor price action around TP1 & TP2 for signs of reversal.
6. Sentiment Analysis & Market Context
Bearish Confirmation:
Breakdown from the wedge signals bearish sentiment in the market.
If price fails to sustain above support zones, further downside is likely.
News & Fundamentals:
Major economic events or interest rate decisions could impact EUR/GBP volatility.
Traders should check for UK & Eurozone news before entering the trade.
7. Conclusion – Bearish Outlook
The Rising Wedge breakdown is a strong short-selling opportunity.
Confirmation is key: Enter short after the breakdown, use proper risk management, and aim for TP1 & TP2.
If price invalidates the pattern by breaking above 0.84853, the trade setup should be reconsidered.
This setup provides a high-probability bearish trade with a well-defined stop-loss and risk-to-reward ratio.
Bitcoin (BTC/USD) 4H Chart Analysis – Professional BreakdownBitcoin (BTC/USD) 4H Chart – Detailed Professional Analysis
This chart presents a Rectangle Pattern, a common consolidation structure in technical analysis. The price has been oscillating between a well-defined resistance level near $88,000 - $89,000 and a support level around $80,000 - $81,000. This pattern suggests an upcoming breakout, with bearish continuation being the most probable scenario.
Understanding the Rectangle Pattern
A rectangle pattern forms when price moves sideways, trapped between two horizontal levels. Traders watch for a breakout in either direction to determine the next trend. In this case, Bitcoin has tested the resistance multiple times but failed to break above, indicating strong selling pressure. Meanwhile, support has been retested several times, which weakens its strength over time.
A bearish breakdown is likely because:
Buyers appear unable to push past resistance, showing exhaustion.
Support has been tested multiple times, which increases the chance of a breakdown.
The dotted black trendline is now being tested, and a break below it would further confirm bearish momentum.
Trade Setup for a Breakdown
A short trade becomes valid only if Bitcoin breaks below the $81,000 - $82,000 support zone with strong momentum. The price must close below this level to confirm the move.
How to Enter the Trade?
Look for a strong bearish candle close below the $81,000 - $82,000 range.
If Bitcoin retests this broken support (now acting as resistance), this can be a secondary short entry point.
Once confirmation is seen, open a short position.
Stop Loss Placement
To protect against false breakouts, a stop loss should be set above the $88,457 resistance zone. If the price moves back into the rectangle and surpasses this level, it means the bearish setup is no longer valid.
Profit Target and Trade Expectation
The expected take profit target is $73,541. This is calculated using the measured move projection, meaning the height of the rectangle is subtracted from the breakdown point. If Bitcoin reaches this level, the trade will have successfully captured the bearish momentum.
Market Psychology Behind This Move
The repeated failure to break above resistance ($88,000 - $89,000) signals weak buying interest. Buyers have been stepping in at support, but each retest of the $80,000 - $81,000 zone makes it more vulnerable.
Once support finally breaks, several factors will accelerate the move:
Long positions will be forced to sell, increasing selling pressure.
Breakout traders will enter new short positions, pushing price further down.
Liquidity below support will be triggered, causing Bitcoin to fall sharply toward the $73,541 target.
Invalidation Scenario (Bullish Case)
If Bitcoin breaks above $88,000 - $89,000 and holds, the bearish setup becomes invalid. In that case:
The price would shift into a bullish continuation pattern.
Traders should avoid shorting and instead look for buying opportunities above resistance.
Final Thoughts
This is a high-probability bearish setup, but patience is key—wait for confirmation before entering.
Risk management is crucial : The stop loss at $88,457 ensures that losses are minimized if the market moves against the trade.
If Bitcoin remains inside the rectangle, traders can buy at support and sell at resistance until a breakout occurs.
Gold prices cool after tariff announcement⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) surged to a new all-time high during the Asian session on Thursday as investors flocked to safe-haven assets amid heightened risk aversion. Market sentiment took a sharp downturn after US President Donald Trump unveiled sweeping reciprocal tariffs on Wednesday evening, igniting fears of a global economic slowdown and a potential US recession.
The announcement triggered a broad sell-off in equity markets, reinforcing the risk-off mood and further fueling demand for gold as a traditional store of value.
⭐️Personal comments NOVA:
Gold hits 3167 peak, buying pressure gradually decreases. Adjustment waiting for new moves from other countries on Trump's tariff policy
⭐️SET UP GOLD PRICE:
🔥 SELL 3165 - 3168 SL 3172
TP1: $3160
TP2: $3150
TP3: $3140
🔥BUY GOLD zone: $3108 - $3110 SL $3103
TP1: $3115
TP2: $3130
TP3: $3140
⭐️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
JPY/USD: Bearish Triangle Pattern Breakout Towards TargetChart Pattern: Triangle Pattern
Pattern Description
Type: The chart identifies a Triangle Pattern, which is a type of consolidation pattern that can act as either a continuation or reversal pattern depending on the preceding trend and the breakout direction. Triangles are characterized by converging trendlines, indicating a period of indecision in the market as the price range narrows.
Specific Type: This appears to be a Symmetrical Triangle, as the upper and lower trendlines converge at a similar angle, suggesting neither buyers nor sellers have clear control during the consolidation phase.
Appearance on the Chart:
The Triangle Pattern is marked with two converging trendlines:
Upper Trendline (Resistance): Connects the lower highs, sloping downward.
Lower Trendline (Support): Connects the higher lows, sloping upward.
The pattern began forming around March 27, after a sharp downtrend, and continued until the breakout on April 2, 2025.
Breakout Direction:
Symmetrical Triangles can break out in either direction, but they often continue the preceding trend. In this case, the preceding trend was bearish (a sharp decline from 0.006720 to 0.006640), and the breakout is to the downside, confirming a bearish continuation.
The chart shows the price breaking below the lower trendline of the triangle around April 2, 2025, with a strong bearish candle, indicating a confirmed bearish breakout.
Key Levels and Trading Setup
1. Support Level
A horizontal support zone is marked around 0.006640 (approximately 0.00664–0.00665).
This level acted as a base during the triangle formation, with the price bouncing off this zone multiple times (e.g., on March 28 and March 31).
The price has now broken below this support, turning it into a resistance level on any potential retest.
2. Resistance Level
A resistance zone is marked around 0.006705 (approximately 0.00670–0.00671).
This level corresponds to a previous high within the triangle and aligns with the upper boundary of the triangle at the time of the breakout.
After the breakout, this resistance level is where the stop loss is placed, as a move back above this level would invalidate the bearish setup.
3. Target
The target for the breakout is projected at 0.006599 (approximately 0.00660).
This target is likely calculated by measuring the height of the triangle at its widest point (from the highest high to the lowest low within the pattern) and projecting that distance downward from the breakout point.
The chart indicates a potential move of -0.000604 (-0.96%), which aligns with the distance from the breakout level (around 0.006654) to the target (0.006599).
4. Stop Loss
A stop loss is suggested above the resistance level at 0.006705.
This placement ensures that if the breakout fails and the price moves back above the triangle’s lower trendline (now acting as resistance), the trade is exited with a manageable loss.
Trading Setup Summary
Entry:
The setup suggests entering a short (sell) position after the price breaks below the lower trendline of the Triangle Pattern, which occurred around April 2, 2025. The breakout is confirmed by a strong bearish candle closing below the trendline at approximately 0.006654.
Stop Loss:
Place a stop loss above the resistance level at 0.006705 to protect against a false breakout or reversal. The distance from the breakout level (0.006654) to the stop loss (0.006705) is 0.000051, representing the risk on the trade.
Take Profit/Target:
Aim for the target at 0.006599, which is the projected price objective based on the triangle’s height. The distance from the breakout level to the target is 0.000055, or a 0.96% move.
Risk-Reward Ratio:
The risk is 0.000051 (from 0.006654 to 0.006705), and the reward is 0.000055 (from 0.006654 to 0.006599), giving a risk-reward ratio of approximately 1:1.08 (0.000055 / 0.000051). While this ratio is slightly above 1:1, it’s on the lower side for a typical trading setup, so traders should ensure high confidence in the breakout.
Additional Observations
Price Action Context:
Before the triangle formed, the price experienced a sharp decline from 0.006720 (March 23) to 0.006640 (March 27), indicating a strong bearish trend.
The triangle represents a consolidation phase within this downtrend, and the downside breakout suggests a continuation of the bearish momentum.
Volume and Momentum:
The chart doesn’t display volume or momentum indicators (e.g., RSI, MACD). However, a typical confirmation of a triangle breakout would include:
An increase in volume on the breakout candle, indicating strong selling pressure.
Bearish momentum signals, such as an RSI below 50 or a bearish MACD crossover.
Traders might want to check these indicators for additional confirmation of the breakout’s strength.
Timeframe:
This is a 1-hour chart, so the setup is intended for short-term trading, with the target potentially being reached within a few hours to a day.
Market Context:
USD/JPY is influenced by factors like U.S. dollar strength, Japanese yen safe-haven demand, and interest rate differentials. A bearish move in USD/JPY could be driven by a stronger yen (e.g., due to risk-off sentiment) or a weaker dollar (e.g., due to dovish U.S. economic data).
Conclusion
The TradingView idea presents a bearish setup for USD/JPY based on a Symmetrical Triangle Pattern on the 1-hour chart. The price has broken below the triangle’s lower trendline, confirming a bearish continuation with a target of 0.006599. The setup includes a stop loss at 0.006705 to manage risk, offering a risk-reward ratio of approximately 1:1.08. Key levels to watch include the former support (now resistance) at 0.006640 and the resistance at 0.006705. Traders should consider additional confirmation from volume and momentum indicators, as well as broader market conditions, before executing the trade. Since this chart is from April 2, 2025, market conditions may have evolved, and I can assist with searching for more recent data if needed!
Bitcoin Rejection from Resistance – Short Setup with Bullish PotBitcoin is currently testing a key resistance zone around $85,500, where previous price action showed strong selling pressure. A rejection from this level could lead to a short-term pullback towards $83,750 - $83,250 , aligning with a retest of the broken trendline before a potential bullish continuation.
🔹 Entry: $85,200 - $85,500
🔹 Stop-Loss (SL): $86,000
🔹 Take-Profit (TP): $83,750, with potential long re-entry from this zone targeting $86,000+
📊 Watch for price action confirmation within the resistance zone before entering. If BTC holds above $85,500, the bullish breakout could accelerate. 🚀
#GPSUSDT is forming a bearish structure📉 Short BYBIT:GPSUSDT.P from $0.02888
🛡 Stop loss $0.02952
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is at 0.03326, marking the highest volume zone and a major resistance above the current price.
➡️ The 0.02952 level acts as local resistance and an ideal stop placement.
➡️ Price BYBIT:GPSUSDT.P has already tested the $0.02888 support — a confirmed breakdown could trigger stronger downward momentum.
➡️ Volume is increasing on the decline, supporting the sellers' pressure.
🎯 TP Targets:
💎 TP 1: $0.02850
💎 TP 2: $0.02810
💎 TP 3: $0.02787
📢 Watch for a clean break of the $0.02888 level — it could be the entry trigger for this short setup.
📢 If price pulls back above $0.02952, the short scenario becomes invalid.
BYBIT:GPSUSDT.P is forming a bearish structure — continuation to the downside is expected if support fails.
TAO SHORTDisclaimer 👉 This is my personal analysis for educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor
Short Position Targeting Below $3,000🔍 Market Analysis After Durable Goods Orders Release
The latest Durable Goods Orders (MoM) for February 2025 were released today, showing a surprising 0.9% increase, while economists had expected a 1.0% decline. However, core capital goods orders fell by 0.3%, indicating weaker business investment.
These mixed figures create uncertainty in the markets. The strong durable goods orders support the U.S. dollar, while the drop in business investment may signal economic concerns. In the short term, the expectation that the Federal Reserve (Fed) will not rush to cut interest rates could put pressure on gold prices.
📉 Trading Idea: Short Gold from $3,025 to Below $3,000
Entry: $3,025 (already opened)
Gold is currently trading around $3,025, showing signs of weakness near resistance levels.
Why This Short Trade Makes Sense:
1️⃣ U.S. Economic Data Supports the Dollar
The unexpected rise in durable goods orders suggests economic resilience.
A stronger U.S. dollar typically weighs on gold prices.
2️⃣ Lower Expectations for Fed Rate Cuts
These data points may reduce expectations for imminent Fed rate cuts.
Higher rates increase the opportunity cost of holding gold, which is bearish for gold.
3️⃣ Technical Resistance & Downward Momentum
Gold has struggled to break above $3,025 - $3,035 multiple times.
If this level holds, we could see a drop below $3,000 soon.
📊 Price Targets & Stop-Loss
🎯 First Target: $3,000 (psychological support level)
🎯 Second Target: $2,985 - $2,975 (next key technical support zone)
📌 Risk-Reward Ratio (RRR):
Entry: $3,025
Target: at least $3,000
RRR = 1.66 : 1 – a solid setup for a short-term trade.
🧐 Potential Risks to the Trade
⚠ If the U.S. Dollar Weakens:
If markets interpret weak core capital goods orders as a sign of economic slowdown, the Fed might shift to a more dovish stance, weakening the dollar and boosting gold.
⚠ If Geopolitical Tensions Increase:
Rising geopolitical risks (e.g., China, Middle East) could drive safe-haven demand for gold, pushing prices higher.
📌 Conclusion: Bearish Setup for Gold
Today’s Durable Goods Orders release supports a stronger U.S. dollar, while gold is struggling to break resistance at $3,025 - $3,035. As long as this zone holds, the probability of a correction below $3,000 remains high.
🟢 Plan:
Short at $3,025 is active.
Target: Below $3,000.
Gold remains volatile – keep an eye on the U.S. dollar, Fed policy, and market sentiment for further confirmation! 🔥🚀
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This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly.
Good luck and safe trading! 🚀📊
continue downtrend , GOLD⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) holds steady above the key $3,000 level for the second consecutive day on Wednesday, though it struggles to reclaim the previous session’s peak. Ongoing uncertainty surrounding US President Donald Trump’s proposed reciprocal tariffs set for next week continues to bolster demand for the safe-haven metal. At the same time, the US Dollar (USD) remains under pressure following Tuesday’s weaker-than-expected macroeconomic data, providing additional support for gold’s upward momentum.
⭐️Personal comments NOVA:
Gold price continues to decrease, around 2990 - 3000
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3039 - $3041 SL $3046
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $2992 - $2990 SL $2985
TP1: $3000
TP2: $3008
TP3: $3018
⭐️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
Gold declines, accumulate and wait for April news⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues its pullback, slipping toward $3,025 in early Asian trading on Monday. The metal retreats from Thursday’s record high, driven by renewed optimism over a potential Ukraine peace deal. However, expectations of Federal Reserve (Fed) rate cuts and lingering economic uncertainties could provide support, limiting further downside for the yellow metal.
⭐️Personal comments NOVA:
Gold is under pressure to sell and take profits in the short term. There is still a lot of liquidity in the 3000 price zone. The price will continue to accumulate around $3000.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3031 - $3033 SL $3038
TP1: $3020
TP2: $3010
TP3: $3000
🔥BUY GOLD zone: $2991 - $2993 SL $2986
TP1: $3000
TP2: $3008
TP3: $3017
⭐️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
Gold price start to adjust yet?⭐️GOLDEN INFORMATION:
Gold prices (XAU/USD) face renewed selling pressure during the Asian session on Friday, retreating toward the $3,030 level in recent trading, inching closer to the previous session’s low. The US Dollar (USD) maintains its upward trajectory for the third consecutive day, prompting some profit-taking on the precious metal ahead of the weekend. However, a confluence of supportive factors is likely to keep bullion resilient, positioning it for a third consecutive week of gains.
⭐️Personal comments NOVA:
Breaking the trend, has gold price really been in the weekend price adjustment rhythm? According to NOVA, it has started. Before the tax policies in early April, the market needs a little balance in terms of liquidity on the selling side.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $3040 - $3042 SL $3047
TP1: $3030
TP2: $3020
TP3: $3010
🔥BUY GOLD zone: $3019 - $3017 SL $3014 scalping
TP1: $3023
TP2: $3030
TP3: $3040
🔥BUY GOLD zone: $3000 - $3002 SL $2995
TP1: $3010
TP2: $3020
TP3: $3030
⭐️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
#AVLUSDT continues its downtrend 📉 Short BYBIT:AVLUSDT.P from $0,4060
🛡 Stop loss $0,4136
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is 0,4201
🎯 TP Targets:
💎 TP 1: $0,4015
💎 TP 2: $0,3975
💎 TP 3: $0,3945
📢 Monitor key levels before entering the trade!
BYBIT:AVLUSDT.P continues its downtrend — watching for further movement!
XAUUSD - Short Trade after Resistance Test ($3,005 - $3,010)Short after Resistance Test ($3,005 - $3,010)
📌 Entry: Sell within the $3,005 - $3,010 range if there is a clear rejection and price weakness.
🎯 Take-Profit 1: $2,985 (immediate support)
🎯 Take-Profit 2: $2,970 (recent lows)
🛑 Stop-Loss: $3,015 (above resistance)
🔹 Probability: High – Confirmed by weak volume on rallies and strong resistance.
Trade Rationale:
Key Resistance Zone ($3,005 - $3,010): This level has historically acted as a supply zone, where sellers step in to push prices lower. If price action shows rejection (e.g., wicks or bearish engulfing candles), it confirms a high-probability short setup.
Weak Volume on Rallies: Volume analysis suggests that bullish momentum lacks strong participation. A rising price with decreasing volume often signals an exhaustion of buyers, increasing the probability of a reversal.
Technical Indicators Align:
RSI (Relative Strength Index): Overbought or showing bearish divergence, signaling potential downside pressure.
MACD (Moving Average Convergence Divergence): Losing bullish momentum or forming a bearish crossover, indicating potential for a pullback.
Donchian Trend & Moving Averages : Price is testing upper Donchian bands and key moving averages are suggesting overextension.
Risk-Reward Ratio:
> The stop-loss at $3,015 ensures protection against false breakouts.
> The first take-profit ($2,985) targets the nearest support, locking in quick profits.
> The second take-profit ($2,970) aligns with recent swing lows, maximizing the downside potential.
Final RRR (TP2) is 1 : 3,4
Conclusion:
A rejection from the $3,005 - $3,010 resistance zone presents a solid short opportunity, backed by weak bullish momentum, technical confluence, and favorable risk-reward. If the price fails to break higher and shows signs of rejection, this trade setup has a strong probability of success.
⚠️ Final Warning: Trading involves significant risk, and past performance does not guarantee future results. Always use proper risk management and never trade with money you can't afford to lose. This analysis is for educational purposes only and not financial advice.
What do you think about this setup? Would you take this trade? Drop your thoughts in the comments! 👇
