Just now opened a short position on Epicusdt. Took a scalp long on it last night which played out very well. Overall though I was expecting it to just correct up to then dump back down. So this is the continuation trade t o the downside that am not attempting see chart for more detail Roughly 2.7-3RR trade
In my first idea I was based on the 1H 100SMA line and I saw the price works very good with this line. If price come closer to the line with low volume there is a big chance for the price to bounce from it depends if we are above or below the line, but if the price come closer to the line with big volume there is also a chance for the price to crash that line and change trend. Very important in this strategy is also a HTF analysis because it can say us a little bit more than 1H chart. For now I expect for the price to come higher and take some liquidity from up but if this little run will be burnout we can see a big probability to come back to this SMA line and I will look and wait for this moment and if I will see the chance for that move I will publish it here so wait for the next BTC update.
Breakout the down trend, ETH on the way to Resistance zone.
The ETHUSDT price is moving well, currently trading above the 1700$ area. We anticipate a continuous rise, potentially reaching $2400 first and then $3000. Our swing target remains at $4500. The current price behaviour and momentum suggest an extremely bullish outlook. Good luck and trade safely! Thank you for your unwavering support! ? If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️?
? Analysis of Gold's News Background ? Join in During the US trading session on Thursday (May 1st), spot gold continued its downward trend, hovering around $3,216.55 per ounce, with a decline of approximately 0.4%. It had already fallen for two consecutive days before that. On Wednesday, it even reached $3,267.07, getting close to the key support level of $3,265, which was set last week. The market's bull-bear tug-of-war stems from the divergence in expectations of the Federal Reserve's policies: The weak US economic data has boosted the expectation of an interest rate cut, but the rebound of the US dollar index and US Treasury yields has suppressed the safe-haven nature of gold. ⚠️ Key Focuses for the Day ? Join in Pay attention to the Bank of Japan's monetary policy decision, the data on job cuts by US enterprises in April, the final value of the manufacturing PMI, and the number of initial jobless claims. Also, keep an eye on geopolitical and trade dynamics! ? Quick Look at the Technical Analysis of Gold On the eve of the Nonfarm Payrolls report, how should we choose between going long and short on gold? ? Daily Chart: Closed lower with a medium-sized bearish candlestick. In the early trading session, it broke below the key support level of $3,265, confirming the end of the Wave B rebound and the start of the Wave C decline. Continue with the strategy of "going short on rebounds". ? 4-Hour Chart: The downward space was broken open, and the bears are in control after the top-bottom conversion. ? 1-Hour Chart: The moving averages formed a bearish crossover, and the gold price broke below the previous low. When it rebounds to the densely traded area near $3,265, go short without hesitation! ? ⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️ ? Sell@3230 - 3220 ? TP 3210 - 3200 Accurate signals are updated every day ? If you encounter any problems during trading, these signals can serve as your reliable guide ? Feel free to refer to them! I sincerely hope they'll be of great help to you ? ?
As per the current 30-min chart, Gold appears to be completing its corrective structure and is now poised for a bullish reversal. Key observations: ? Support Zone: Gold has respected the 78.6% Fibonacci retracement level (~3210), showing strong demand in this region. This marks the potential base of the upcoming 5th Elliott wave. ? Trigger Level: Price needs to break and sustain above 3240 to confirm bullish momentum. This is the neckline of the current consolidation and serves as the breakout zone. ? Wave Projection: We anticipate Gold to initiate Wave 5, the final impulsive move in the current sequence. A clear breakout above 3240 may trigger a rally towards 3300 / 3360 / 3420 in the short term. ? Strategy: Wait for a bullish candle close above 3240 to confirm breakout. Aggressive traders may initiate early positions near 3210 with tight stop-losses. ? Key Levels: Support: 3210–3200 (78.6% Fib) Breakout: 3240 Targets: 3300 / 3360 / 3420 ? Invalidation: Break below 3200 would invalidate this bullish count and suggest deeper correction. ? Gold is gearing up for its final bullish thrust. Monitor 3240 zone for breakout confirmation. Keep risk managed! ❗ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute investment advice or a recommendation to trade. Always do your own research and consult your financial advisor before making trading decisions.
Published by Wavervanir_International_LLC | May 1, 2025 Thesis: Short-term weakness is emerging on the iShares Russell 2000 ETF ( AMEX:IWM ) as momentum fades following a steep vertical rally. A breakdown below the mid-band could trigger further downside into key support zones. ? Technical Breakdown Chart: 15-minute timeframe Trend: Bearish short-term momentum Key Levels: Resistance: $195.64 (session high) Mid-range Support: $194.45 (VWAP/mid-band) Critical Demand Zone: $192.87 Indicators: Price has pierced the upper Bollinger band and is now retreating toward the midline. Strong rejection candle formed at the recent high, signaling buyer exhaustion. Visual downward projection aligns with the VWAP deviation bands, reinforcing mean reversion expectations. ? Probability Outlook Bearish Continuation: 65% probability Trigger: Break and close below $194.45 Sideways Consolidation: 25% probability Trigger: Price holds above VWAP zone Bullish Reversal: 10% probability Trigger: Break back above $195.64 with volume ? Strategy Short bias favored with target at $192.87 Stop-loss: Above $195.80 Watch for increased volatility near macro catalysts (e.g., Fed rate decisions) ? Stay disciplined. We trade probabilities, not certainties. ? Drop your thoughts and setups below ? #IWM #Russell2000 #DayTrading #TechnicalAnalysis #BollingerBands #MeanReversion #StockMarket #ETF #WavervanirDSS #MarketOutlook #QuantitativeTrading
? Gold information U.S. stock indexes fell sharply in midday trading due to disappointing U.S. economic data. On Friday, the U.S. Department of Labor will release the crucial monthly employment report. This is likely to be the most important U.S. data point so far this year. In other news, Dow Jones News Service reported: "Tariffs are beginning to bring pressure, prompting the Eastern giant to increase stimulus to support economic growth. ?Comment analysis For international gold, what you need to do now is to follow the market. Don't think about bottom fishing. You can do a short-term rebound during the day. When the market has clearly broken the structure, you should choose to believe in the technical side, rather than speculate on the next support. This will only be endless. At this stage, if you fail to bottom fishing, are you still ready to try again near the integer of 3200? This is not over yet. Even if it falls below 3200, the 3180 horizontal support will be immediately below. This round of decline is about to completely give up the second rise in the front end, depending on 3180. This is why I just said that 3200 will immediately encounter a new support. The reason why many people choose to go long above 3240 is also because it is the first stage of the high platform of the front-end surge, and it is necessary to defend. Unfortunately, the defense is not successful now. In other words, if you want to go short next, you have to look at the continued decline. What are the characteristics of the continued decline? You certainly can't tolerate it having an excessive rebound, so don't think about any high-altitude trading strategy. ?Strategy Package Short position: Actively participate at 3230 points, and the profit target is around 3200 points ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the capital account - Stop loss is 1-3% of the capital account
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