Ethereum has seen a steep 60% drop from its highs, but recent activity suggests it might be entering a key transition phase. I’ve entered a long position here with a wide target in place, waiting for clear signs of bullish momentum before adding more size. Technically, ETH is holding above a strong low on the daily and attempting to reclaim territory beneath a...
The German DAX index presents an opportunity for a long position, targeting the 23,300 price zone. The current price action suggests a retracement toward previous highs before confirming a continuation. With this in mind, I have executed a long position, monitoring key technical levels for potential reactions. On the fundamental side, the market remains sensitive...
Gold has finally reached the psychological $3,000 level, triggering the first round of sell-offs as traders take profit. The question now is whether this move can sustain itself or if we are set for a deeper pullback. Given the rapid move up, I remain cautious, ready to cut the trade quickly if I see signs of weakness in the continuation. Fundamentals:...
Bitcoin has successfully defended the $84K-$86K support zone, with the CME gap now fully closed. On the daily timeframe, BTC remains above the 200MA, signaling strong bullish momentum. With macroeconomic factors aligning in favor of crypto, this could be the start of another leg higher. Technical Analysis: • Support Zone: $84K - $86K held firm, preventing...
Since February 25, the DAX has surged by 7.24% without a meaningful pullback, suggesting potential overextension. Coupled with emerging bearish technical indicators and unfavorable economic fundamentals, this presents an opportunity for a short position. Fundamental Analysis: Germany’s economic landscape is currently facing several challenges: • Economic...
EUR/USD has been struggling to maintain momentum above the 1.0500 mark, facing renewed selling pressure as macroeconomic and geopolitical factors influence sentiment. With the US Dollar regaining strength and concerns about European economic stagnation growing, the pair remains vulnerable to further downside. Technical Analysis: Resistance Levels:...
Oil prices have surged impressively, fueled by recent fundamental-driven market moves. However, this swift upside has led WTI crude to my point of interest, offering a prime opportunity to short against the trend. My trade strategy includes taking partials at the $74 price zone. Here’s why this setup is supported by bearish fundamentals: 1. Rising U.S. Fuel...
Natural Gas (XNG/USD) has spiked to revisit the $4 price zone, activating my short trade. This marks the second time in two years that the price has reached this significant resistance area. The $4 level is pivotal, serving as a key psychological barrier and a historic zone of strong price action. With the position now live, I am leveraging the resistance for a...
Ethereum has pulled back significantly, experiencing a sharp 51% decline from its recent high. This steep correction presents a solid opportunity to go long. Currently, ETH is sitting at a critical support level, making it an ideal entry point for a potential recovery. Trade Setup: • Entry: Market price after the 51% drop • Target: $4,400 • Stop Loss:...
I’ve entered a long trade on Silver (XAG/USD) after observing a deep retrace to the 0.7 Fibonacci level on the daily timeframe. The entry at $28.96 is positioned strategically based on historical support and the current technical setup. The stop loss is set at $26.54 to mitigate risk, while the take profit target is $36.00, aligning with a potential...
After a deep retrace on the daily timeframe, I’ve initiated a long position on the Nasdaq US100. The plan is to ride this wave back to its Higher High, capitalizing on the recovery momentum. Technical Insight: • Key Structure: The market has shown strong respect for the current retracement levels, providing a solid base for a bounce. • Trendline Support:...
Copper is showing signs of exhaustion after recent bullish momentum, prompting a short setup on the 15-minute timeframe. Price action aligns with a potential retracement toward the $4.17 zone, where a critical support level resides. Why This Trade? • The overextended rally suggests a short-term pullback. • Technical indicators point to weakening momentum,...
The DAX approached its previous high but failed to break through, signaling potential exhaustion at these levels. In response, I have initiated a short position, targeting a retracement to the 19,700 price zone. Fundamental Insights: 1. Economic Uncertainty: Disappointing inflation data from China has sparked concerns about demand for German goods, which...
I initiated a long position on Gold (XAU/USD) following a retracement to the 0.6 Fibonacci level on the 8-hour timeframe. This setup marks the first swing trade on Gold this year, targeting the $2,680-$2,687 price zone. Gold opened the year on a bullish note, aligning with mid-range technicals. This trade reflects a mid-term outlook, aiming to capitalize on...
The Dow Jones has triggered my short position following a significant volume spike, currently trading below the key EMA levels. The technical setup suggests a bearish continuation toward the 42k price zone. This aligns with a short-term correction in equities after December marked the Dow’s worst monthly performance in over two years. Fundamentals: • Major...
On the 8-hour BTC/USD timeframe, I have executed a short position following a clear rejection from the FibCloud, signaling strong resistance at this level. The price action showcases a classic flip of old support into new resistance, further solidifying bearish momentum. My target for this trade is the $90,000 price zone, aligning with the 200MA on the 8-hour...
Since the elections, traditional markets have been climbing to new highs, showcasing strong bullish momentum. However, I’m now eyeing a short opportunity on the Dow Jones (US30) as it retraces to key support zones around 44,400–44,500. This area appears to be a strong support zone, and my plan is to capitalize on the retracement for a potential long setup near the...
Gold has shown a strong rejection of the $2,650 price area after retracing to the Sunday open levels, aligning with the prevailing higher time frame (HTF) bearish trend. This trade is engaged to capitalize on the downside potential as the price fails to break the dynamic resistance at $2,650. With the support of the HTF momentum and a clear rejection, the trade...