VoxNexus

VoxNexus

XAUUSD still can reach 2673, where I plan to open a short position with a 50-pip stop loss at 2680. Let’s see how it plays out next week.

VoxNexus Updated 

The Asia session is my favorite because it provides a solid structure after strong sessions in the London and New York markets, making the path clearer. With the Fibonacci extension, it looks like gold has a chance to break the resistance level at $2529.21 and make a new ATH. I'm aiming for the 288 Fibonacci extension level ($2535) as my next TP.

VoxNexus

Ahead of the Fed's interest rate announcement, in my analysis, XAUUSD tends to move toward the 50% level, where there is also an imbalance (FVG) at the 2535-2541 level. After the interest rate announcement, the candle is expected to move to take liquidity at the 2410 level, then reverse.

VoxNexus

I'm not trading right now; this is just to show how candles react to those Fib extension levels. If you’ve learned SMC, it’ll help you get a better grasp of market structure, giving you good insight and a clear idea of where the market might go.

VoxNexus Updated 

After hitting the sell limit at 2499, the Fibonacci target was adjusted based on the candle's movement and aimed at the 161 Fib level for a long position. Surprisingly, it reached the 678 Fib level, which was beyond my expectations.

VoxNexus Updated 

This is my last setup for today 😅. I've placed my short entry at 2499, the same as my previous TP level. For this short entry setup, I aim for two POI areas as my targets (2488.5 and 2482.3) based on my trading strategy. And don't forget to set SL level to manage your trading risk.

VoxNexus Updated 

I've marked my first TP area at 2501 (Fibo 188 level), which also serves as a pullback zone for XAU/USD before continuing its bullish momentum. I suggest using a buy limit at 2474.5 - 2478 for a long entry. Don't forget to use an SL to manage your trading risk. #DYOR

VoxNexus Updated 

If you noticed from my previous analysis and made an entry at 92.12, NVDA gained a 43% profit. Now, NVDA has entered its consolidation phase. In my preliminary observation, I expect the price to return to 98.4. As long as the price does not break below the 90 level and create a ChoCh, the bullish trend will continue.

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On the H4 chart, the candle successfully mitigated the H4 shadow, which is considered the strongest order block on a higher time frame. I set a buy limit at 2474.33 with a 100-pip stop loss. Now, I am waiting for the candles to form the required Fibonacci pattern to aim for the take profit position. Wish me luck! 🤓

VoxNexus Updated 

After hitting a 50-pip stop-loss last night, I'm now aiming for two POIs for take profit at 2511 and 2520. While marking, I missed placing my long entry at the 188 Fibonacci level (2495). Hopefully, this setup will be profitable next week. Cheers!

VoxNexus Updated 

Unfortunately, the price was unable to break the valid high of 2528.66 and retraced due to today's PCE data release. (Honestly, I didn’t realize today’s PCE data release was scheduled—sorry.) So, I made the next projection using the Fibonacci extension and set my second long entry for today at 2501.83. Hopefully, this setup will yield the best results for the...

VoxNexus Updated 

I mistakenly entered at 2514.94 before the candles had formed the Fibonacci requirements. Now, I've set my long entry at 2512.53, aiming for a TP at 2540.30. Hopefully, this setup will hit the target. Cheers!

VoxNexus Updated 

This time, I'm aiming for a TP level of 2540.23, which is 357 pips from the long entry level at 2504.46. For this TP, I'm using the 2.88 level of the Fibo extension. I suggest using a BEP stop at 1:1 to secure your profit if the market bias doesn't align with our projection.

VoxNexus Updated 

Haven't placed my entry yet (need a break 😅). This is just my simple analysis on the M15 time frame, with a short entry level at 2522.97 and TP at 2504.46 (185 pips). Cheers

VoxNexus Updated 

From my previous analysis on August 27, you can see that my entry level (long) was at 2495.4. I am currently targeting my TP at 2524.62, aiming for 292 pips. As you can see, my analysis is based on the 188 Fibonacci extension level. Cheers!

VoxNexus Updated 

Continuing from my previous analysis, I also used the Fibonacci extension to estimate my take-profit (TP) level. My next TP level will be at 2495.4 (2.88 fib level), which aligns with my next long position, with a stop-loss (SL) level at 2490.28. Cheers #DYOR

VoxNexus Updated 

From my perspective for next week's trading, I have identified two POIs for my short entries. I used the Fibonacci extension on the H1 timeframe for these entries. The first entry is at the midpoint of the order block, and the second is at the 2.88 Fibonacci extension level (2525.07). I haven't set the TP yet, and the SL level is 2535. Cheers

VoxNexus Updated 

The candles have been like a roller coaster all day, so I used Fibonacci extension & Fibonacci retracement on the M15 to determine entry points. I entered at 2486 & 2494, with the first TP at 2518.