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Shortsetup

BORORENEW: A Correction on cards?- All the necessary pointers are on the chart. We are trying to keep things short and simple. if you like this concept, give us a boost/Comment to let us know. For those who need a writeup, Here's a quick one: - Until the resistance zone is broken, Going long may trap investors in a consolidation phase. - MACD is all up for a bearish crossover - Price trades below 200 EMA on Daily - Given the long wick rejection and a breakdown of the consolidation zone, If buyers fail to revive the price, we may see a correction phase until the support zone is tested. - The shot up EPS further weakens the fundamentals What you do think will happen? Have Insights or Questions? Let us know in the comments below.👇 While you do that, how about a boost for some motivation🚀 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
NSE:BORORENEW
by TheChartereds
4
$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
OANDA:XAUUSDShort
by Nova-Scalper
4
Anti Bat Bearish Harmonic Pattern on BABA🔍 Overview: I've identified an Anti Bat bearish harmonic pattern on BABA stock, and it's looking promising for a short trade on the 3-hour chart! 📉 📉 Chart Analysis: 1️⃣ The Anti Bat pattern suggests a potential downward move, with resistance around the $78.13 level. 2️⃣ If we hit $78.13, a Shark bearish pattern also begins, providing additional confirmation for the bearish sentiment. 📈 🎯 Trade Setup: Anti Bat Pattern: Target 1: $77.91 💰 Target 2: $73.73 💸 SL: $81.55 Shark Pattern (if $78.13 is hit): Target 1: $76.02 Target 2: $72.22 📝 Why I'm Interested: The combination of the Anti Bat and potential Shark patterns strengthens the bearish outlook. 📊📉 These patterns often signal high-probability reversals, and with the confirmation of the Shark pattern, this trade setup becomes even more compelling. 📅 Timeframe: Watching this setup on a 3-hour chart, so keep an eye on shorter-term price movements for the best entries and exits. ⏳ 🔔 Stay Updated: Be ready to adapt your strategy as the price action unfolds. Let's get it! 🤑💪🏻 #BABA #AntiBatPattern #SharkPattern #HarmonicPatterns #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi 📉🐻
NYSE:BABAShort
by TradeTalkFarsi
4
XAU/USD struggles to hold above $2400⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) gains some positive traction during the Asian session on Monday and for now, seems to have snapped a three-day losing streak to sub-$2,400 levels, or a one-week low touched on Friday. The US political development over the weekend prompts fresh selling around the US Dollar (USD), which, along with bets for an imminent start of the Federal Reserve's (Fed) rate-cutting cycle in September, benefits the precious metal. Apart from this, worries about slowing Chinese economic growth, geopolitical risks stemming from the protracted Russia-Ukraine war and the ongoing conflicts in the Middle East turn out to be another factor lending support to the safe-haven Gold price. The USD, however, lacks follow-through selling as investors await more cues about the Fed's policy path, which, in turn, will determine the next leg of a direcitonal move for the non-yielding yellow metal. ⭐️ Personal comments NOVA: Gold price had a short recovery above the $2400 area at the beginning of Monday week - sideways accumulation around this support area ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2398 TP2: $2405 TP3: $2410 🔥SELL GOLD zone: $2419 - $2421 SL $2426 TP1: $2410 TP2: $2400 TP3: $2390 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
3
SOLUSDT, The 18 JUL, Short Setup!Based on the analysis and idea of ​​a few days ago, I hope and expect that the short setup will happen and form as shown in the chart. In other words, the price will cross the 50% Fibo line and start its downward movement after reaching the red FVG. The possibility that the price will return to FVG after the downward movement and continue its downward movement sharper again. The targets are 151 and 141 respectively. There is a possibility that this setup will be formed tomorrow! Wish for a low-loss trade
Short
by kevin13433
2
BTCUSDT, Wed 17 Jul, Bitcoin price movement since 1st of July! From the study of this process according to ICT concepts, it can be seen: - The price has entered the discount zone and has touched the 62% level. - And the price has been reversed. - EQL formed near the 50% level and all bystops above it have been cleared. Therefore, I predict that we will have a sharp downward movement on Thursday. The entry point or low-risk trigger will be below the QL and below the open price on Monday, July 1st. And I will expect a target price of 58,200 or even 57,200. The above content is just a theory and does not constitute any offer to buy or sell or trade. Wish for a low-loss trade
Short
by kevin13433
SOLUSDT, Mon 15 Jul,(part 1)I didn't perform well last week because the weekly candle was bullish and I didn't recognize it well. And I was looking for the shorts position. I am not sure, but I see the upcoming weekly candle as bullish. but - If the price does not exceed 154, - Considering that 4 consecutive days have passed, I saw a green candle - The upward movement of the price from the beginning of today and the downward movement from 3 am, I expect a short position again. Wish Low-Loss trade! Mon 15 Jul - 9: 34
Short
by kevin13433
1
TRADERS BEWARE! -- Possible stop huntI have already entered a short last week at the peak of the daily tf retracement, but here is an idea if some traders have missed out on an entry. As you can see price bounced off the upper bounds of the daily tf channel with an RSI divergence. A cup and handle pattern appeared and there was a massive bearish engulfing candle that broke out of the CnH pattern. It is possible that aggressive traders have entered shorts immediately once it broke down and placed their stops above the handle. Those retail trades are easy money for institutions and hedge funds to gobble up by pushing price past that red liquidity zone before entering their own short positions. Once that happens, I will hop on the bandwagon. What do you think about this idea?
Short
by gunhy