PLTR, It's Been RealAt a high of 125, it's had a great run, but a double top has formed going into earnings and a US government which may be forced into austerity. Insiders have been selling for months with no net buys
- First Price target down to the neckline at 76
- Next price target would be 42 for the last real breakout test
- Final PT would be 24 if the double top played out completely
Shorts
EURUSD | Head‑&‑Shoulders on the Brink – Bears Eye 1.1250📉 Trade Thesis
A textbook Head‑and‑Shoulders has completed on the 30‑min EURUSD chart. Price is now testing the rising neckline drawn from mid‑April swing lows. A clean close and retest beneath that trendline opens room toward the next demand shelf and the lower boundary of the broader ascending channel.
🎯 Execution Plan
Entry: wait for a decisive candle close below the neckline, then look to short on a minor pull‑back into that broken support.
Stop: just above the right‑shoulder high to keep risk tight.
Target: the measured‑move objective sits near the channel median/support cluster highlighted on the chart; scale out as price approaches that zone.
🧩 Confluence Factors
Momentum loss: RSI made a lower peak on the “head” versus the prior thrust, signalling fading upside energy.
Event risk: upcoming NFP/ISM releases may fuel USD volatility, providing the catalyst for a break.
Structure: the right shoulder’s supply shelf has capped every rally since late April, reinforcing bearish pressure.
⚠️ Risk Management
Macro data can produce whipsaws—size positions accordingly and stick to the plan. Move stops to breakeven once price pushes convincingly away from the neckline.
For educational purposes only. Trade your own strategy & manage risk.
Simple Technical Analysis for Bitcoin
If the price closes above $69,150, then, God willing, we may head toward the next target at $107,000.
However, if it closes below this level, the likely direction would be toward $84,200.
In my personal view — and God knows best — the chances of a downward move seem higher than an upward one at the moment.
Gold price weakens, correction 3176⭐️GOLDEN INFORMATION:
Gold’s intraday decline appears partly driven by technical selling pressure after decisively breaking below the key $3,265–$3,260 support zone. However, the US Dollar (USD) struggles to sustain any significant recovery as expectations grow for more aggressive Federal Reserve (Fed) rate cuts—fueled by an unexpected contraction in US GDP and signs of softening inflation. These factors may continue to support demand for the non-yielding precious metal, suggesting that traders should remain cautious before anticipating a deeper pullback from the recent all-time high near $3,500.
⭐️Personal comments NOVA:
Crossing the 3264 mark in the sideways price zone, gold prices continue to weaken.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3270- 3272 SL 3277
TP1: $3260
TP2: $3250
TP3: $3240
🔥BUY GOLD zone: $3178 - $3176 SL $3171
TP1: $3185
TP2: $3200
TP3: $3210
⭐️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
Gold price heading below 3300⭐️GOLDEN INFORMATION:
Federal Reserve (Fed) officials have signaled openness to potential interest rate cuts, a stance that could limit further upside in the US Dollar (USD) and lend support to the non-yielding Gold price. Additionally, growing concerns over the economic repercussions of President Donald Trump’s aggressive tariff measures, combined with ongoing geopolitical instability, continue to bolster the appeal of safe-haven assets. In this environment, the broader bias for gold remains tilted to the upside, urging caution for traders considering bold bearish positions.
⭐️Personal comments NOVA:
continue sideways, price range fluctuates around 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3382- 3384 SL 3389
TP1: $3370
TP2: $3360
TP3: $3350
🔥BUY GOLD zone: $3294 - $3292 SL $3287
TP1: $3300
TP2: $3310
TP3: $3320
⭐️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
Trade Idea: US30 Short (SELL STOP)1. Technical Analysis
Daily Chart
• Trend: Still overall bullish long-term, but in a short-term pullback phase after peaking.
• MACD: Bearish crossover with widening histogram — indicating continued downside momentum.
• RSI: At 45.05 — neutral-bearish, room to fall to oversold.
• Price: Strong reaction at ~37675.05 area, bounced back to ~39562, forming a potential lower high.
15-Min Chart
• MACD: Recently crossed bearish after a sharp rally.
• Price Action: Approaching resistance zone (~39562), failed to make a new high.
• RSI: 44.78 — leaning bearish, but not oversold yet.
3-Min Chart
• MACD: Just flipped bullish but weak — suggesting possible micro pullback before continuation.
• RSI: 48.82 — very neutral, no extreme condition.
⸻
2. Fundamental Context (as of April 2025)
• Recent sharp pullback from all-time highs hints at risk-off sentiment returning.
• Likely driven by Fed rate uncertainty, inflationary stickiness, or geopolitical jitters.
• Earnings season volatility could also play a role.
• No strong bullish macro catalyst to support a fresh rally continuation yet.
⸻
3. Trade Setup: SHORT Position
Bias: SHORT
Reason: Price hit resistance at 39562, confirmed by 15M MACD cross and RSI weakness. Daily still bearish momentum. No major bullish catalyst.
⸻
ENTRY:
39550 (near current resistance, confirmed failure to break higher)
STOP LOSS (SL):
39800 (above recent minor high, above 15M key level)
TAKE PROFIT (TP):
38900 — Minor support zone, clean level from 15M + previous consolidation area
FUSIONMARKETS:US30
GOLD ( XAU:USD) : Potential Bearish Pennant + Correction WaveGood morning, traders.
Please note, this is Not Financial Advice (NFA) —always conduct your own research and risk management.
1. Technical Analysis
We are currently observing the formation of a potential bearish pennant, with price action consolidating between converging trendlines. This formation appears to align closely with the Elliott Wave correction structure, particularly within the A-B leg. The apex of the pennant lies just after wave (B), suggesting a potential breakdown into wave (C), completing the corrective sequence.
Should this pattern confirm, we could anticipate a continuation of the downward movement, targeting deeper support zones in line with previous wave (4) levels.
2. Trend Structure
Wave (5) appears to have completed, initiating the A-B-C correction.
The corrective leg A → B is now complete, with price action consolidating near the upper resistance of the pennant.
A breakdown below the lower support trendline could confirm wave C in motion, reinforcing the bearish outlook.
3.) Macro Environment & Market Sentiment
Recent developments from the U.S. administration have introduced uncertainty in macroeconomic policy:
Tariffs:
Former President Donald Trump has hinted at a potential rollback of the 145% tariffs on Chinese goods, acknowledging their long-term unsustainability. Treasury Secretary Scott Bessent clarified that any changes would be part of bilateral negotiations and not unilateral actions. Major U.S. retailers have raised concerns over ongoing supply chain disruptions, adding pressure to de-escalate trade tensions. However, Trump insists tariffs won’t be eliminated completely, signaling no immediate resolution.
Federal Reserve Leadership:
Trump also walked back earlier statements threatening to dismiss Federal Reserve Chair Jerome Powell, now affirming that Powell will serve out his term until May 2026 . While this move has slightly calmed markets, Trump continues to pressure the Fed to lower interest rates amid persistent inflationary concerns. Although this softening stance introduces a degree of stability, the underlying tension between fiscal and monetary authorities remains.
GBP/USD: The Wizard's Descent from the Double Top MountainGBP/USD: The Wizard's Descent from the Double Top Mountain
Technical Analysis:
GBP/USD 4H chart shows a clear Double Top formation at approximately 1.3725, a critical resistance level
The Treasure Hunter indicator has shifted color, signaling bearish momentum building (Hero taking damage)
Our Wizard's Journey progress bar indicates we're at 50% completion of the Mountain Pass, suggesting we're at a prime reversal point
Currently testing Elite Level 235 resistance zone (2345 XP), with declining XP Progress (35%)
Forecast:
Anticipating a significant pullback from current resistance
Initial Minion Zone at 1.3200 provides first target level
Watch for confirmation with HERO's Health declining from current 100%
Trading Strategy:
Short position opportunity forming with ELITE LvL 2 resistance rejecting price advance
Stop loss placement above Double Top at 1.3750
Risk/reward favorable with multiple support levels to target
Watch 4H candle closes below 1.3690 for entry confirmation
Quest Status: Active - Prepare for the wizard's descent from the mountain peak!
Trade Idea: US30 Short (SELL STOP)Technical Analysis Summary:
Daily Chart (Macro View):
• Trend: Bearish short-term (price is below the moving average, sharp recent drop).
• MACD: Bearish momentum building with a deepening histogram.
• RSI: At 42.22, pointing down – no oversold condition yet, so further downside is probable.
15-Minute Chart (Mid-Term Momentum):
• Trend: Recently broke down from consolidation, failed to reclaim previous high.
• MACD: Strong bearish crossover, deep in negative territory.
• RSI: At 39.20, not oversold – room to fall.
3-Minute Chart (Entry Timing):
• Trend: Weak recovery attempt stalled below moving average.
• MACD: Flat to downtrend.
• RSI: Around 40, suggesting more downside pressure without being oversold.
⸻
Fundamental Context (if relevant to US30):
• Rising geopolitical tensions and weak earnings reports (assumed).
• Dovish Fed fading, bond yields rising — bearish for equities.
• Fear-driven sentiment often hurts cyclical indices like US30.
⸻
Trade Setup (SHORT):
• Entry: 39595 (current price area as per charts).
• Stop Loss (SL): 40087
(Above minor resistance and 15M consolidation top)
• Take Profit (TP): 38650
(Recent support zone, room for price to breathe before demand zone)
FUSIONMARKETS:US30
Trade Idea: US30 Short ( SELL LIMIT )Technical Overview:
Daily Chart:
• Clear downtrend with price sharply rejecting from recent highs (~42890).
• MACD shows strong bearish momentum with a widening histogram.
• RSI is below 50 at ~45, confirming downside pressure.
• Price has broken below a key support level near 40200, now acting as resistance.
15-Min Chart:
• Recent lower highs and lower lows.
• MACD negative, with RSI nearing oversold (33), suggesting bearish bias but short-term exhaustion.
3-Min Chart:
• Sideways chop after a sharp down move, showing bear flag/consolidation pattern.
• MACD still negative, RSI around 49—no clear bounce signal.
⸻
Fundamental Overview:
• Recent macro uncertainty (possibly due to inflation/Fed comments or geopolitical tensions) likely weighs on risk sentiment.
• Bond yields are likely pressuring equities, and the US30 tends to be rate-sensitive.
⸻
Trade Setup: SHORT
• Entry: 40250 (if price pulls back slightly into minor resistance zone)
• Stop Loss: 40500 (above recent local high on intraday chart)
• Take Profit: 39600 (next strong daily support level)
FUSIONMARKETS:US30
Trade Idea: US30 Short ( MARKET ) Daily Chart (Macro View):
• Bearish divergence: RSI is at 47.38 and turning down — no strong bullish momentum.
• Recent bounce is sharp but came after a massive drop, suggesting a dead cat bounce or retracement.
• MACD remains heavily bearish (-836), showing underlying weakness despite the current bounce.
• Price recently rejected a key resistance near 40,850, aligning with previous support-turned-resistance levels.
15-Min Chart (Medium-Term):
• RSI is at 78.76 — overbought territory.
• Price surged parabolically, forming potential exhaustion.
• MACD shows very high positive values (672.341), usually precedes a correction.
• Potential bearish divergence between price and MACD.
3-Min Chart (Entry Timing):
• Price has stalled at the top, consolidating after an extreme spike.
• MACD and RSI are curling down.
• Ideal for timing a short entry.
⸻
Trade Idea: SHORT US30
• Entry: 40,850 (current resistance zone + psychological level)
• Stop Loss: 41,200 (above key recent highs / invalidation of setup)
• Take Profit: 39,450 (near broken structure & moving average support on lower timeframes)
Risk-to-Reward Ratio (RRR):
• Risk: 350 points
• Reward: 1,400 points
• RRR: 4:1 (excellent)
⸻
Fundamental Context (Supporting the Short Bias):
• Dow is rebounding amid broader market uncertainty (e.g., Fed rate trajectory, inflation prints).
• No strong economic catalyst justifying a sustained breakout to new highs — suggests technical bounce rather than trend reversal.
• Rising yields or a hawkish Fed outlook could reintroduce selling pressure.
FUSIONMARKETS:US30
Updated XRP Count Bearish (Short Term)Hello Friends,
I've been trying to tackle this count for a couple of days now and finally came up with something that fits the picture and seems to work. I’m not in love with this count—it’s very tricky when it comes to the X wave. I’ve been reviewing and processing what the highest probability count could be for this part of the structure.
As we understand it, Wave 1 of the 5th wave (or Wave A of the Y wave) was completed around January 20th at approximately $3.40. From that point until now, we are likely in Wave 2 of the 5th wave (or Wave B of the Y wave), which appears to be nearly complete.
Wave 2 (or Wave B) is forming as a sharp double zigzag:
A zigzag in Wave W
A truncated, ugly-looking sharp double in the X wave (which I’m not a fan of, though I believe it’s valid and it fits)
And a zigzag in Wave Y, which we are currently still in
Probabilistically, we are in Wave B of the Y wave and should retrace to around $2.10–$2.40. As more subdivisions develop in the B wave, they’ll help confirm more precise target ranges in the coming days.
I expect we’ll finish in the $1.60–$1.36 range (leaning more toward the lower end around $1.43–$1.36) to complete this correction before continuing toward the $10 target area.
Thoughts?
Thank you,
GOD BLESS and TRADE ON!
$MES1! Could Drop to Oct 2022's Fib 0.618 Level @ 4,520Monthly (April 2025)
- #TheStrat: 2u-2d-2d continuation
- Price stopped at the monthly 0.50 fib (Oct 2022 - Feb 2025)
Weekly (Mon April 7 - Sat, April 12)
- 2u-2d-2d continuation
- 4072 - 4520 is the range of 0.786 and 0.618, respectively.
- 4834 is the 0.5 fibonacci, short term reversal
Daily (Wed, April 9)
- 2u-2u-2d reversal
- potential support is 0.5 fib @ 4834
- RSI at 20 (low) and MACD still red
Trade Idea : US30 Short ( SELL STOP )Technical Analysis Summary:
Daily Chart:
• Trend: Strong bearish breakdown; significant drop below support.
• MACD: Deeply negative, suggesting strong bearish momentum.
• RSI: Oversold at 18.48, indicating exhaustion but not yet reversal.
15-Minute Chart:
• Trend: Clear downtrend continuation.
• MACD: Bearish crossover sustained.
• RSI: Approaching oversold (29.81), but still trending down.
3-Minute Chart:
• Trend: Momentum is slowing down but still bearish.
• MACD: Negative, bearish crossover.
• RSI: Around 33, indicating potential short-term bounce, but no bullish divergence.
⸻
Fundamental Insight:
• The broader US30 index has reacted to strong macroeconomic headwinds (possibly higher-for-longer interest rates, weak earnings, or geopolitical tensions).
• No signs of dovish reversal or major catalyst for a sharp recovery.
⸻
Trade Idea: SHORT POSITION
Entry: 37070 (current price zone—ideal entry on slight retracement)
Stop Loss (SL): 37320 (above minor resistance and recent local high)
Take Profit (TP): 36350 (strong daily support area and psychological level)
Risk-Reward Ratio (RRR):
• Risk: ~270 points
• Reward: ~700 points
FUSIONMARKETS:US30
Trade Idea : US30 Short ( MARKET )Technical Analysis Overview:
1. Daily Chart:
• The index is in a clear downtrend, with price action breaking below the moving average.
• MACD is deeply negative, with a bearish divergence and downward momentum.
• RSI at 37.28, indicating approaching oversold territory, but not yet reversing.
2. 15-Minute Chart:
• Strong downward momentum with sharp drop visible.
• MACD is heavily negative, confirming bearish momentum.
• RSI is at 32.71, indicating oversold conditions, but no clear sign of reversal yet.
3. 3-Minute Chart:
• Sharp sell-off followed by consolidation.
• MACD is negative but appears to be flattening, suggesting potential for a short-term bounce or continued consolidation before the next move.
• RSI at 44.38, showing mild recovery from previous lows but still below the midpoint (50).
Trade Idea:
• Position: Short (Sell)
• Entry Level: 41,250 (near minor resistance or after a weak bullish retracement)
• Stop Loss (SL): 41,800 (Above recent consolidation zone or resistance)
• Take Profit (TP): 40,400 (Previous support area with good potential for price to test)
FUSIONMARKETS:US30
Trade Idea : US30 Short ( SELL LIMIT )Technical Analysis
1. Daily Chart:
• Trend: The price has been in an uptrend but is showing signs of exhaustion.
• MACD: Deep in negative territory (-311.308 & -377.356), confirming bearish momentum.
• RSI: 44.24, indicating weak momentum and room for further downside.
• Key Resistance: 42,890
• Key Support: 41,000
2. 15-Minute Chart:
• Trend: The price has broken below a consolidation zone.
• MACD: Bullish but fading, suggesting exhaustion of upward movement.
• RSI: 48.21, showing indecision but no strong bullish strength.
• Structure: Lower highs and lower lows forming, indicating a potential breakdown.
3. 3-Minute Chart:
• Price Action: Weak bounces and inability to sustain higher prices.
• MACD: Negative and declining, confirming short-term bearish momentum.
• RSI: 41.77, approaching oversold but not yet at extreme levels.
Fundamental Analysis
• Macro Risks:
• Potential market correction after extended bullish trends.
• Economic uncertainty and possible rate hike expectations could pressure equities.
• US Market Conditions:
• Upcoming data releases or Fed commentary could increase volatility and favor bearish moves.
Trade Execution
• Entry: 41,950
• Stop Loss (SL): 42,250 (300-point stop)
• Take Profit (TP): 41,350 (600-point target)
• Risk-to-Reward Ratio (RRR): 2:1 FUSIONMARKETS:US30