Get started

Shortsetup

ICT Approach to EURUSD Short.Hello traders! I'm not going to elaborate on this too much. We're hitting equilibrium prices on the weekly and daily . Resistance expected . We also have a Daily Bearish OB that has already been tested, thus confirming a bearish move. The white box is a mitigation block which was not tested clearly earlier and left a gap. That what is expected to be filled. Hope you find this analysis useful. Only for educational purposes. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
Short
by UnknownUnicorn27677748
Gold price adjusted down to $1910 after news Unemployment ClaimsThe price of gold declined yesterday after the US announced that 497,000 new jobs were created in June 2023, surpassing market expectations of 267,000. This news led to a significant appreciation of the USD and a decrease in the 2-year US bond interest rate from 5.12% to 5.04%. As a result, many investors shifted their capital into USD and bonds, reducing the flow of money into gold. The consecutive decline in gold prices can be attributed to the strong labor market data and positive economic outlook, which alleviated concerns of a severe recession in the US. Additionally, the possibility of higher wages may compel the US Federal Reserve (Fed) to implement positive monetary policies and raise interest rates. Jul 7's trend assessment continues the downward trend towards $1900 We can set up: SELL GOLD ZONE: $1915-$1920 sl $1930 AND BUY GOLD ZONE at: $1880 - $1885 SL $1875 Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/7/2023
TVC:GOLDShort
by DNA_TradingFX
9
Godrej Consumer PR Shortterm tradesetup# Current Price= 1066 #The stock has shown rejection from the trendline resistance as per daily time frame marked in red. #If the stock manages to close below 1058, the next expected target can be 1030 which will also act as a crucial support. #Breakdown from 1030 with closing according to 4 hour candle may drag the price towards next support levels as marked on the chart in the green line. #expected downward targets after breakdown: Target 2=1000 Target 3= 980 Target 4= 960 or (trendline support marked on the chart). Note: All the targets may act as a support, so keep trailing your SL as per your risk appetite. Follow us for more such educational information. Give it a like if you appreciate the idea.
NSE:GODREJCPShort
by InvestyourAsset
GOLD 26/6 $$ The bears are still dominant ?Friday’s rebound in gold prices came on the back of diminishing open interest and suggests that the continuation of the rebound appears unlikely for the time being. In the meantime, the yellow metal remains bolstered by the $1910 per troy ounce for the time being. Today, Gold price still stays at $1920 - $1930 Can SELL zone at SELL GOLD $1931- $1934, Sl 1944 According to technical analysis, the support zone $1910 support is quite strong, combine 2 moving averages EMA 34, EMA 89 so that the downtrend project still prevails.
TVC:GOLDShort
by DNA_TradingFX
17
GOLD 27/6 ? Bulls or bears prevail Investors will be closely watching the upcoming speeches by top central bank officials, including Christine Lagarde, Andrew Bailey, Jerome Powell, and Kazuo Ueda. These speeches will provide valuable insights for investors. Additionally, on Tuesday, important US economic indicators such as Durable Goods Orders, the Consumer Confidence Index, New Home Sales, and the Richmond Manufacturing Index will be released. These indicators will likely impact the price of gold. Despite concerns about a potential recession, the downside for gold prices seems limited due to its status as a safe-haven asset. Today, Gold price is still around the $1925 mark, showing signs of moving towards the $1935 price zone Set up SELL zone at :$1933 -$1935 sl 1945 Based on the technical analysis indicator resistance zone at $1935, combining 2 moving averages EMA 34 and EMA 89
TVC:GOLDShort
by DNA_TradingFX
5
GOLD 27/6!! The bulls are still trying to hold the price around Gold price struggles to make any significant progress on Tuesday and trades within a narrow range, just above the $1,920 level during the Asian session. The XAU/USD pair remains close to a three-month low reached last Friday and could potentially drop below the 100-day Simple Moving Average (SMA). The upside for Gold price is limited by the hawkish stance of major central banks. The initial market reaction to the failed mutiny in Russia over the weekend was short-lived due to the strong stance taken by these central banks. It is important to note that the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) surprised the market by raising interest rates by 25 basis points earlier this month. Additionally, the European Central Bank (ECB) raised rates to the highest level in 22 years last week. Furthermore, the Bank of England (BoE), the Swiss National Bank (SNB), and Norges Bank increased their benchmark interest rates last Thursday. Gold price prediction today is still sideways around $1910 - $1950, the downtrend still prevails SELL GOLD zone at: $1940 - $1943 SL $1953 Based on technical analysis indicators EMA 34, EMA 89 with strong resistance zone $1940 - $1943
OANDA:XAUUSDShort
by DNA_TradingFX
14
VOLTAS Chills down to its Major Support ??!!Chart patterns look optimal for a short trade in Voltas Reasons 1. VOLTAS has been taking support at the its 10 YEAR OLD SUPPORT TRENDLINE (bright green line- from 2013 till now ) 2. Right now, it is in its downswing move inside the channel pattern. 3. [b ]Inverted Cup & Handle pattern too formed and given BREAKDOWN today (27/04/23) 4. As per pattern, target amounts to the depth of the cup(nearly 100 points) 5. Target levels shown @ chart(horizontal dashed green lines) 6. Breakdown candle is more than 5 % and SL gets difficult to place....Safer SL can be day closing above 822 7. Lower low too formed increasing the probability of down move. Even if you don't short, It's better not to go long now.... Let's wait & watch how it moves!!! Note - Just sharing my view , not a tip nor advice!!!
NSE:VOLTASShort
by mmjimm
4
Tata steel after dividend Hello friends, Today was dividend price adjustment on $tatasteel. On 1 day timeframe it in bullish trend but it looks like there is short term down trend started, we can find again long position once it take support @108 or @107 #first make short position still it support #second wait for trend reverse to bullish because it may break up level and make new high this time. Its my point of view on this stock, but please do your own analysis and make your own view and take positions. Like and share. Thanks
NSE:TATASTEELShort
by apstockanalysis
EURUSD Analysis!EURUSD Weekly Analysis! EURUSD Support Trendline Breakdown! Short Trade Opportunity in EURUSD! EURUSD has given a brekdown to it's support trendline. It's been 2 week now sorry for late posting this trade idea but still the trade is in active state because there is a momentun in down side till the support zone which is 1.05447 - 1.04852. I can see this pattern is a Rising Wedge pattern if i am not wrong. We can see, in the last 2 weeks the volume is increasing like bears are interested in dragging down the price. RSI also not moving as per price if we observe carefully it is showing a small inclination during price making higher high's and then the downmove has started. Rest of all analysis is on the chart itself please have a look. Thank You! Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
Short
by Avinash9087