Over the past few days, gold has experienced a sharp decline of more than $100. This downturn can be attributed in part to traders securing profits to manage their margins, which are under strain due to the significant drop in major indices. Currently, gold has fallen below the immediate support level at the 23% Fibonacci retracement. However, the RSI is not yet in oversold territory, indicating that further downside movement remains possible. To optimize risk-to-reward ratios and minimize drawdowns, we prefer to wait for gold to decline further before entering long positions. Our ideal buying zone is below $2,800, as this level coincides with the critical 38% Fibonacci retracement, reinforcing its significance as a potential support area. Given the heightened volatility in the market, we will implement a stop-loss set 3% below our entry point to limit downside risks. On the profit-taking side, we aim to exit below the recent high, targeting approximately $2,940. By waiting for a deeper pullback, we position ourselves for a more favorable entry, improving our trade setup while aligning with key technical levels.
(The following is solely a personal opinion and not investment advice. Please conduct your own analysis before making any decisions.) NVIDIA's earnings report exceeded expectations, yet the market saw a sharp decline on Thursday. The price broke below 20,800, indicating weakening bullish momentum and the potential for further downside. Given the significant drop in price, it would be prudent to wait for a market rebound before considering short positions. I will closely monitor price action in the 21,300–21,481 range.
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It is a decentralized digital currency that operates on a peer-to-peer network without the need for intermediaries like banks or governments.
USD/CHF – 4H Chart Analysis (Feb 28, 2025) 1. Market Structure & Trend Analysis Break of Uptrend: The price broke below the previous ascending trendline, indicating a shift in momentum. Descending Trendline Retest: USD/CHF is currently testing the 0.9010 resistance, which aligns with a previous support level now turned resistance. Potential Rejection Zone: If the price fails to break above 0.9010-0.9012, we may see another bearish leg. 2. RSI & Momentum Analysis RSI is currently at 62.70, which is near overbought conditions. The price has bounced from the lows, but RSI suggests it is approaching a potential resistance zone. 3. Key Levels to Watch Resistance: 0.9010 - 0.9012 (Key level where price is struggling) 0.9050 (Next resistance if broken) Support: 0.8950 - 0.8960 (Potential demand zone) 0.8900 (Stronger support if selling pressure increases) 4. Potential Trade Scenarios ? Bearish Scenario (Higher Probability) If price fails to break 0.9010, expect a rejection and continuation to 0.8950 or lower. Short Setup: Entry: 0.9005 - 0.9010 Stop-loss: Above 0.9030 Target: 0.8950 - 0.8900 ? Bullish Scenario (Lower Probability) If price breaks and holds above 0.9012, it could push towards 0.9050. Long Setup: Entry: Above 0.9020 Stop-loss: Below 0.8990 Target: 0.9050 - 0.9080 5. Conclusion & Strategy Short-term bias: Bearish below 0.9010, with a possible drop to 0.8950. Trade idea: Look for short opportunities around resistance, unless a clean breakout happens. Risk management: Watch for fake breakouts, and adjust stop-loss accordingly.
From the president's inauguration it takes around 300 candles to reach an all-time high. In the middle between an all-time high and the inauguration there is a significant pullback. Whatever we may pull back to we will have to wait and see. I'm waiting for the Bullrun to continue in July. God bless.
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Disclaimer HIVE LONG SETUP ENTRY : 0.2170 PROFIT : 0.2994 STOP : 0.1835
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Disclaimer SPELL LONG SETUP ENTRY : 0.0006140 PROFIT : 0.0009537 STOP : 0.0005156
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Disclaimer SOL LONG SETUP ENTRY : 113.63 PROFIT : 165.26 STOP : 96.57
https://www.tradingview.com/x/7yynSIWB/ WTI OIL looks bearish after a test of a key daily horizontal resistance. A formation of a head & shoulders pattern on that and a violation of its neckline indicate a highly probable intraday bearish movement. The price will reach at least 69.3 level soon. ❤️Please, support my work with like, thank you!❤️
According to the January 21 analysis, after identifying the trading range and determining its highs and lows, we expected Bitcoin to complete this pattern at 92,303. However, after reaching this level on the daily timeframe, the price made a strong spike, breaking the large trading range between 92,303 and 106,436, entering a new phase and movement. After its adventure at 86,903, this asset continued its downward movement, breaking through this range as well. Currently, it has reached a new price level at 80,000, driven by the strong spike movement. Now, we must wait to see whether this direct movement will continue or if it will proceed with some delay and consolidation. It is important to note that if this level is lost, Bitcoin’s price on the daily timeframe could potentially extend its move down to 73,000, which is also the expected level. The reason is that such a strong spike movement requires a powerful support level for correction or a temporary halt in this dominant wave.