niclaxfx

📢 NFX Market Update – BTCUSD BTCUSD Currently in a strong support zone with major accumulation in play. Divergence formation in sight around support indicating high possibility for a bullish move soon 📊 The key question still remains: Will this support hold, or will price dip lower? 💬 Share your thoughts in comment below

📢 NFX Market Update – ETHUSD Similar to BTCUSD , ETHUSD faced strong resistance at $4,785 - no surprise, given the historical weight of that zone. Price has since retreated to retest the previous breakout level, which is now likely to act as support if rejection holds. This zone also aligns with a block order level, previously marked by multiple rejections before the eventual breakout. While I expect support to hold, there is a chance of a deeper test toward the 200-day SMA before continuation. Overall, the chart structure remains bullish, and fundamentals are also strongly supportive. With key news and macroeconomic data scheduled mid-week, I remain bullish on ETHUSD heading forward.

📢 NFX Market Update – XAUUSD GOLD just broke out of the bullish flag formation on the hourly timeframe, pushing through key resistance with conviction. This breakout signals strong bullish momentum and supports the continuation of the uptrend, especially as it aligns with our ABC Elliott Wave structure. If buyers sustain this momentum, new highs could be printed ahead of Wednesday’s FED rate decision, with potential for an even stronger rally post-decision - similar to the price action observed during the recent NFP release. I remain bullish on gold here, but I’d love to hear your views as well in the comment below. More insights are covered in the video.

📢 NFX Market Update – BTCUSD BTCUSD bullish rally recently hit resistance at $116,500, and price is now testing the $114,800 support zone. This level is acting as a strong psychological support, following the earlier break through the block order. The key question: Will this support hold, or will price dip further toward the ascending channel support and the 200-day SMA? My outlook: I believe support will hold. Price may briefly test lower levels - likely just a few wicks - before resuming higher. 🎥 More details in the video.

📢 NFX Market Update – BTCUSD A bullish divergence has formed on the H1 timeframe around $115,400, suggesting the likelihood of a short-term retracement in the next few hours. More importantly, this setup points to the possibility that the breakout below the ascending triangle was a bear trap. A decisive break and candle close above the 50% Fibonacci retracement (~$116,300) would confirm bullish trend continuation.Meant to say "Ascending Channel" not "Ascending Triangle" oops!

📲 NFX Trade Alert – Swing Setup 💹 Instrument: Ethereum ETHUSD 🛒 Trade Type: Swing – Buy at Market 📍 Entry: $4,690 ⛔ Stop Loss: $4,624 (tight stop placed just below the S/R breakout level) ✅ Target Profit: $5,050 📊 Trade Setup Analysis – ETHUSD ETHEREUM Ethereum showed no weakness over the weekend, breaking decisively above the $4,650 resistance and extending toward $4,750. Price has since retested $4,650(23.6% Trend Fib), with strong rejection confirming this former resistance is now acting as solid support. We’re applying a tight stop loss at $4,624, just below the breakout level, to minimize risk while maintaining bullish exposure. With this breakout confirmed, there’s no major resistance until the previous ATH around $4,950. The path remains open for continuation higher. ⚖️ Risk management remains key - even strong, high-probability setups demand discipline and protection. 💚

📢 NFX Market Update – BTCUSD A hidden bearish divergence has formed on the 30M timeframe around $116,700. This signals the likelihood of a short-term retracement in the next few hours. 🔒 Lock in partial profits and trail stops to protect gains. The broader trend remains bullish, and I still expect continuation after this pullback.

📲 NFX Trade Alert – Swing Setup 💹 Instrument: ETHUSD Ethereum (ETHUSD.r) 🛒 Trade Type: Swing – Buy at Market 📍 Entry: $4,540 ⛔ Stop Loss: $4,450 ✅ Target Profit: $4,950 📊 Trade Setup Analysis – Ethereum Ethereum has finally broken through the $4,500 block order, which is now acting as solid support after multiple rejections on both the H1 and H4 timeframes. With this breakout confirmed, price has no significant resistance until $4,650 (minor) and $4,850 (major). This opens the path for higher prices in the near term. ⚖️ As always, manage risk carefully — even a high-probability setup requires discipline and protection.💚

📢 NFX Market Update – BTCUSD BTC, ETHUSD & XAUUSD Similar to Ethereum, Bitcoin (BTCUSD.r) is facing a potential heavy block order between 114,750 – 115,000. On the H1 chart, a divergence formation is signaling the risk of a short-term retracement. Price is consolidating, and I expect a pullback toward the ascending triangle breakout zone, which now acts as support. Given current volatility and conflicting signals, I strongly recommend staying off trading on Ethereum, Bitcoin, and Gold until the market cools off and provides a clearer direction. Patience here is key - let the market reveal its next move before stepping in.💚

📢 NFX Market Update – GOLD XAUUSD Today’s U.S. data brought a mixed picture: Jobless Claims: Higher than forecast (263K vs. 235K), signaling labor market weakness. Continuing Claims: Slightly improved at 1,939K (in line with forecast). CPI Data (Aug): Both headline and core readings came in stronger than expected (YoY 2.9% vs. 2.7% prior, MoM 0.4% vs. 0.3% forecast). This creates a market indecision zone: weak jobless data suggests slowing growth, while CPI strengthens the case for inflationary pressure and keeps Fed policy on the table. Gold reacted first to the jobless claims spike, gaining support as risk sentiment shifted, but with CPI strong, the market is cautious on sustained upside. ⚖ Outlook: I expect volatility to remain elevated in the short term. Gold may push higher on knee-jerk reactions to jobless claims, but a possible turnaround is likely as inflation data keeps the Fed hawkish bias intact. Watching closely around key intraday levels for confirmation.