Buysignal
Scalping! XAU! Waiting for gold price to BREAK from trendSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) stays under pressure during the early European session on Wednesday but manages to hold above the one-week low reached the previous day, showing limited follow-through selling. Expectations of a less dovish Federal Reserve (Fed) continue to support higher US Treasury bond yields, creating headwinds for the non-yielding yellow metal. However, USD bulls appear cautious, holding off on making strong moves ahead of the pivotal FOMC decision.
⭐️Personal comments NOVA:
Moving sideways in 2 trendlines, M30. Leaning towards breaking the uptrend and waiting for today's interest rate cut results.
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2645 - $2643 SL $2640 scalping
TP1: $2650
TP2: $2655
TP3: $2660
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
AVAX Long Signal: Golden Opportunity with Low Risk🔹 Entry Point: $56.00
🔹 Target: $86.00
🔹 Stop Loss: $41.00
🔹 Risk to Reward: 2
🔸 Analysis and Reason for Entry:
The $56.00 level in AVAX is a key area with strong historical price and time reactions. It aligns with the 2.618 Fibonacci extension, making it a critical support zone. A breakout from this level could confirm the continuation of the upward trend.
🔸 Why is success highly likely?
In the previous signal, after breaking the 1.618 extension, the price reached the target. Now, with the current market structure and the strength of the bullish trend, the next target at $86.00 aligns with the 4.23 Fibonacci extension level.
🔸 Risk Management:
Given the high probability of success, this position is suggested with low risk. Only risk up to 1% of your total capital in this trade, and adjust your position size according to the stop-loss distance.
👨💻 Reminder: Always stick to your stop loss and manage your capital wisely!
$JOBY: Strategic Entry into the eVTOL MarketI spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Joby Aviation, Inc. ( NYSE:JOBY ): Strategic Entry into the eVTOL Market
Trade Setup:
- Entry Price: $6.91
- Stop-Loss: $3.61
- Take-Profit Targets:
- TP1: $12.76
- TP2: $21.08
Company Overview:
Joby Aviation, Inc. is a leading player in the emerging electric vertical takeoff and landing (eVTOL) aircraft industry. The company focuses on developing zero-emission aircraft to revolutionize urban air mobility. With substantial investments in technology and partnerships, Joby aims to launch commercial operations by 2025.
Earnings Reports:
- In Q3 2024, NYSE:JOBY reported a net loss of **$476.86 million**, as expected for a pre-revenue company heavily investing in research and development.
- Total cash reserves stand at **$1.1 billion**, ensuring sufficient runway for operational and developmental goals.
Valuation Metrics:
- Market Cap: **$6.54 billion**.
- Given its pre-revenue status, traditional valuation metrics like P/E or P/B are not applicable. Instead, the company is valued on its growth potential in the emerging eVTOL market.
Dividends:
- NYSE:JOBY does not pay dividends, prioritizing reinvestment into its development and expansion plans.
Market News:
- Recent announcements include plans to raise **$300 million** through equity sales, strengthening financial resources ahead of the anticipated commercial launch.
- Joby also received its first production airworthiness certificate, a critical milestone toward FAA certification.
Analyst Ratings:
- Analyst consensus: **Moderate Buy**.
- Average price target: **$8.35**, reflecting mixed sentiment due to the stock’s volatility and developmental stage.
Risk/Reward Analysis:
With a stop-loss at **$3.61**, the downside risk is approximately **47.75%**, while the upside potential to TP1 ($12.76) offers a reward of **84.66%**. TP2 at **$21.08** provides an extended reward potential of over **200%**. This setup appeals to long-term investors with high-risk tolerance.
Conclusion:
Joby Aviation represents a compelling opportunity for growth investors looking to capitalize on the eVTOL market's potential. While the stock's volatility and pre-revenue status introduce risk, its significant milestones and industry positioning make it a high-reward prospect.
When the Market’s Call, We Stand Tall. Bull or Bear, Just Ride the Wave!
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.
Buy opportunity
In this analysis, I observe a potential ABCD harmonic pattern forming on the EUR/USD chart:
The market has completed points A, B, and C and appears to be heading towards D.
If the price reaches point D, where 1.617 BC extension aligns with support and trendline confluence, it could be a good opportunity to BUY.
Key Levels to Watch:
Point C: Recent lower high (Resistance)
Point D: Potential buy zone near support trendline
RSI: Monitor for oversold conditions near D point for confirmation.
Trading Idea:
Entry: Around D point (Watch for price reaction at the support trendline).
Target: At least back to point C or higher depending on price action.
This is a high-probability trade if the harmonic structure completes successfully. Keep an eye on volume and RSI for additional confirmation.
XAU sideway is about to end! Scalping BUY 2634SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces selling pressure after briefly rising to the $2,650 resistance zone, reaching a new daily low during the early European session on Wednesday. Despite this, the metal continues to trade within its established range from the past week, as traders remain cautious ahead of Federal Reserve (Fed) Chair Jerome Powell's speech. Market participants are seeking insights into the Fed's rate-cut outlook, which could influence US Dollar (USD) demand and shape the next significant move for gold.
⭐️Personal comments NOVA:
Scalping BUY price range before ADP-NF news was announced ( 2634 - 2632 )
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2634 - $2632 SL $2629 scalping
TP1: $2640
TP2: $2645
TP3: $2650
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OKTA Options Ahead of EarningsIf you haven`t bought OKTA before the previous breakout:
Now analyzing the options chain and the chart patterns of OKTA prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2025-5-16,
for a premium of approximately $7.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bitcoin Breaks $97K Resistance: Path to $121K Unfolds!Bitcoin (BTC) has recently experienced a significant pullback to the $90,940 level, which remains above the current support at $89,674 . This retracement has culminated in the formation of a robust inverse head and shoulders pattern, a bullish reversal indicator suggesting a potential upward trajectory. As BTC breaks through the resistance level of $97,273 , our focus shifts to short-term targets of $101,220 and $104,890 , with a long-term objective of $121,000.
Inverse Head and Shoulders Pattern
The inverse head and shoulders pattern is a classic bullish reversal formation, indicating a transition from a downtrend to an uptrend. It consists of three troughs: the head (the lowest point) flanked by two higher shoulders. The neckline, drawn across the peaks between the troughs, serves as a critical resistance level. A breakout above this neckline confirms the pattern, signaling a potential upward movement.
Technical Indicators Supporting the Bullish Outlook
Moving Averages: The 50-day moving average has recently crossed above the 200-day moving average, forming a ‘golden cross,’ which is typically interpreted as a bullish signal.
Volume Trends: There has been a significant increase in trading volumes since March, suggesting growing institutional adoption and investor interest.
Market Sentiment and External Factors
The recent U.S. presidential election outcome, favoring Donald Trump, has been perceived as positive for the cryptocurrency market. Expectations of a crypto-friendly administration have bolstered investor confidence, contributing to Bitcoin’s surge.
Price Targets
Short-Term: Given the current momentum and technical indicators, Bitcoin is poised to reach the short-term targets of $101,220 and $104,890.
Long-Term: Sustaining this bullish trend could propel Bitcoin towards the long-term target of $121,000.
Conclusion
The convergence of technical indicators, favorable market sentiment, and the confirmation of the inverse head and shoulders pattern suggest a strong bullish continuation for Bitcoin. Traders and investors should monitor key support and resistance levels, along with market developments, to make informed decisions.
World tension! Gold price momentum increases⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold recorded consecutive gains on Tuesday, rising by 0.70% as escalating tensions in the Russia-Ukraine conflict fueled risk aversion. Investors turned to the safe-haven metal, pushing its price above $2,600 after hitting a two-month low of $2,536.
At the time of writing, XAU/USD is trading at $2,629. The metal's rise was supported by declining US Treasury yields and a weaker US Dollar amidst a light economic calendar. Geopolitical risks also played a major role, with Russia’s intensified attacks on Ukraine and US President Joe Biden’s authorization of long-range missile use within Russia further boosting demand for Gold.
⭐️Personal comments NOVA:
Gold prices recovered at the end of November 2024 thanks to tensions in the world, Russia - Ukraine; Korean peninsula. Recovery continues
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2672 - $2674 SL $2679
TP1: $2665
TP2: $2650
TP3: $2640
🔥BUY GOLD zone: $2612 - $2610 SL $2607 scalping
TP1: $2618
TP2: $2625
TP3: $2640
🔥BUY GOLD zone: $2576 - $2578 SL $2571
TP1: $2588
TP2: $2600
TP3: $2610
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
XAU ! Nov 19 ! Break - prices continue to rise, scalpingXAU / USD trend forecast November 18, 2024 ! SCALPING
Market expectations that US President-elect Donald Trump's expansionary policies could drive inflation higher and reduce the likelihood of further interest rate cuts by the Federal Reserve have kept US Treasury yields elevated. This has limited the upward momentum for Gold prices.
However, persistent geopolitical risks from the prolonged Russia-Ukraine conflict and ongoing tensions in the Middle East continue to provide support for the safe-haven asset, urging caution before initiating new bearish positions.
Small timeframe M15 , see price BREAK past 2625 and continue to rally towards 2640 soon
/// BUY XAU : zone 2625-2622
SL: 2619
TP: 40 - 80 - 150 pips (2637)
Safe and profitable trading
Liquidity Hunt and Bullish Confirmation in AVAX🔍 Analysis:
In the AVAX chart, an Inverse Head and Shoulders pattern has formed, signaling a potential strong upward move. Sellers attempted to push the price lower, but this failure resulted in liquidity absorption at these levels, indicating weakness in selling pressure and the entry of new buyers.
📈 Entry Conditions:
Enter after the price breaks and stabilizes above the $36.50 neckline of the inverse head and shoulders pattern.
🛡️ Stop Loss:
Place the stop loss at $32.80 (below the key support and right shoulder).
🎯 Target Price:
Target is $51.60.
⚠️ Key Notes:
The neckline break should be confirmed with high trading volume. This signal, after liquidity absorption, can lead to a powerful upward move. Don’t forget to manage risk properly!
Bitcoin Analysis: Resistance at 92K and Key Support Levels🔍 Today's Bitcoin Analysis
Bitcoin is currently at the 92,000 USD resistance level, and market sentiment is extremely high. The presence of beginners in the market is noticeable, and we can expect some volatile market behavior. Two potential scenarios for the next move:
1️⃣ Scenario 1: Breaking the 92K Resistance
If the 92K resistance is broken, Bitcoin could move towards the 97,000 USD range, potentially triggering more buying activity.
2️⃣ Scenario 2: Rejection from 92K and Correction
If it faces rejection at 92K, a price correction is likely. In that case, the first strong support is at 87,000 USD, where we can expect a bounce and continuation of the trend.
🔹 The next support level is at 82,000 USD, which is expected to be even stronger.
📉 Conclusion:
Bitcoin is at a critical point, and market sentiment can greatly influence its movement. Accurate analysis and smart decision-making are key to navigating these conditions.
AVAX on the Rise: Two Golden Buying Opportunities!
💎 AVAX on the Rise: Two Golden Buying Opportunities! 💎
🔥 Attractive buying opportunities in two scenarios:
1️⃣ Scenario 1: Breakout above $38 resistance
If AVAX successfully breaks the key $38 resistance, it could trigger a strong bullish move with significant buyer momentum. This level serves as a solid launching pad for further upward movement and presents a relatively lower-risk entry compared to the second scenario. 🎯
2️⃣ Scenario 2: Correction to the $30-$27 range
In case of a price correction, the $30-$27 support zone offers a golden opportunity for buyers. This area is expected to act as a strong floor, supported by technical demand, making it an excellent entry point for a potential upward trend. 💹
🎯 Targets:
📌 First Target: $52
📌 Second Target: $90
⚠️ Note: Always practice proper risk management and analyze the market thoroughly before making any entry. Cryptocurrency markets are volatile, so careful decision-making is crucial. 🚀
XRP Short Term Price TargetIf you haven`t bought the dip on XRP:
Now you need to know that Ripple’s XRP is showing bullish potential, buoyed by its partial legal victory in July 2023. The court's ruling that only institutional sales of XRP were unregistered securities offerings, while programmatic sales to retail investors were not, has given the token a significant boost in confidence. This ruling marks a crucial milestone for Ripple, alleviating some of the regulatory uncertainty surrounding XRP in the retail market.
One factor that adds further optimism is the slow nature of the appeals process. With any higher court ruling unlikely before 2025 and a potential Supreme Court decision not expected until 2026 or beyond, Ripple has time to build momentum and solidify its market position.
From a technical perspective, XRP has been forming higher lows, suggesting a strong bullish trendline. With this upward momentum in play, I expect XRP to target $0.64 in the short term. As regulatory clarity continues to develop, XRP could be poised for further growth in the broader crypto landscape.
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought the dip recently:
Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 150usd strike price Calls with
an expiration date of 2024-11-22,
for a premium of approximately $3.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bulls are back on track; next is 4,000Everybody chart analysis was incorrect but most of them are correct for the bullish chart.
If you see the 4HR chart it created the bullflag
3,013 became the support and also 3,110 became a support; survived and passed.
The bulls took a pretty short break for a Retest and short trace to skyrocket higher; Retest passed and succeeded; bulls are about to take off; the support is strong.. soon we will see 4,000 before get to 5,000.
Be sure to use proper risk management amd take profits of your own choice and analysis.
SHORTBUY;
TP; 3440
TP2; 3610
TP3; 4015
TP4; 4010
LONG TERM;
TP; 4,000
TP2; 5,000
TP3; 6,000
TP4; 7,000
TP5; 8,250
TP6; 10K
XAU ! 11/ 14 ! Waiting for short term recovery 2575XAU / USD trend forecast November 14, 2024! SCALPING
Gold prices (XAU/USD) hit their lowest since September 19, around $2,550, early in the European session on Thursday. Ongoing demand for the US Dollar (USD), driven by optimism about President-elect Donald Trump’s anticipated expansionary policies, continues to weigh on the metal, marking its fifth consecutive day of declines.
Price is in very strong support zone D frame - waiting for recovery reaction 2575
/// BUY XAU : zone 2547-2544
SL: 2541
TP: 40 - 80 - 150 pips (2559)
Safe and profitable trading
Retest trend ! short-term recovery! target 2625SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
USD bulls take a moment to pause as markets await the latest US inflation data, which could shape expectations for the Fed's rate-cut trajectory.
The Consumer Price Index (CPI) is projected to rise 0.2% in October and 2.6% year-over-year, up from 2.4% previously, raising questions about the Fed's capacity for further rate cuts.
⭐️Personal comments NOVA:
Short-term frame M15 - retesting trend, recovering with CPI news
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2598 - $2600 SL $2595
TP1: $2605
TP2: $2610
TP3: $2620
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
AVAX Long Signal | 30-Min TimeframeA three-wave correction has concluded, and AVAX appears to be beginning a new bullish trend. The chart indicates the formation of an Inverse Head and Shoulders pattern, suggesting that a strong upward move may follow after the neckline breakout.
🔑 Entry: After the breakout above $35
🎯 Take Profit: $39
⚠️ Stop Loss: $33
📊 Risk to Reward: 2:1
If the price breaks above the $35 level, this setup provides a favorable opportunity to enter a long position with high profit potential and controlled risk. Technical analysis supports that an upward move is accessible, so enter carefully. 🚀
AUD/USD ! November 13 ! Support H4 buy now AUDUSD trend forecast November 13, 2024
The Australian Dollar (AUD) continues to weaken against the US Dollar (USD) for the fourth day in a row on Wednesday, pressured by disappointing Australia Wage Price Index data and optimism around "Trump trades."
Despite this, Reserve Bank of Australia (RBA) Governor Michele Bullock’s hawkish stance following last week’s interest rate hold, with a focus on restrictive policy due to persistent inflation and a strong job market, likely helped limit further losses for the AUD.
Price analysis:
Support H4 -very solid
USD - DXY: correction soon
/// BUY AUDUSD : zone 0.65300 - 0.65000
SL: 0.64500
TP: 50 - 150 - 300 pips (0.68000)
Safe and profitable trading
DOGEUSDThi
For now, we don't have any positive signal and the best case is to wait; If the $0.12172 resistance range is completely consumed, we can expect a break of the descending channel and an uptrend.
But now, due to maintaining the downward channelized movement, the probability of the continuation of the downward trend is higher.
What do you think?