Bullishsetup
Alpha USDT Long Entry Chats shows a bullish signBINANCE:ALPHAUSDT.P Alpha USDT
Price Break the resistance level .11276 now retest the in 1 Hr TF. Bullish Candle in 4 Hr very good bullish sign towards price more upward direction in coming hr. Price 2 times test the .12544 Level now again test this level. If price break this level or stay above this level at least 1 day then chances move upward direction. Otherwise again tested and rejected this level again.
Now we enter the .11500 level. And tp is .12511.
Roaring to Profits: Uncover the 8.86% Upside Potential in ARRUSD
Technical Analysis:
1.The red line represents a crucial breakout point that triggers an 8.86% bull run.
2.Set your stop loss based on the demand zone of either 1 or 4-minutes intervals. If you need assistance in creating them, please direct message me.
3.Take profits by closing half of your position when reaching the orange line, and adjust your stop loss to breakeven if I haven't provided an update in the thread.
4.Close an additional 25% of your position at the blue level.
5.Remain patient for confirmation of trend continuation, which will be communicated in the thread.
Your comments and feedback greatly boost my confidence and contribute to my growth. Feel free to share your thoughts if you have a different perspective!
Cheers!!
Nifty Trade Setup (29-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Hello everyone so as on 26-May-2023 (Friday) session when price took support at resistance level which i marked as horizontal line on 15 min TF i bought it there and stoploss was low of the hammer formed or day's low and i trailed my stoploss. It was good session and worked as per my trade setup.
( Cannot Post Previous Session Link as i am not pro member or don't have enough reputaion levels :) 😊 ... have to check previous day setup to check resistance level which became support.)
Now for my Tomorrow's trade setup from price action it is forming rising wedge pattern on Daily TF making HH's and LL's now price is at Equal of previous high and if this pattern will be respected then it will make new high touching that upper trendline of rising wedge but For price to reach there, on upside NIFTY have hurdles of 18500, 18550, then 18600 levels. On downside nearby support is 18450. For my trade setup i will look for following :
1.) If opens flat and nifty might retest nearby support of 18450 as there was rejections from day's high on previous session. If price take support there i will be looking for buying opportunities for target of 1st resistance level (18550) then for 18580.
2.) If opens gap down i will see if it takes support near 18450 if it does then will trade as per point 1 setup. If price rejects this support of 18450 then will look for shorting opportunities for target of 18400 then 18350.
3.) If opens gap up then will look for rejections from nearby resistance levels and will wait if price rejects that resistance of bulls take control of price as did in previous session and then will trade accordingly.
Things i will keep in mind:
Nifty is bullish on Higher TF. which is Primary trend and if i place trade against the primary trend i will try to follow strict stoploss and strict profit booking levels.
Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. also if you can help as Trading View is holding rewards if Ideas or Script can be listed in Editor Picks :) . also one can comment how i can make it better or any improvements i can make in my trading setups or improving this journal.
Gold has Likely bottomed out for this monthI decided to go long on gold immediately after receiving a reversal candlestick at a low on top of daily support. This candle also provided bullish volume after breaking a trendline and creating a new high. Price is now on the buy side of a strong trendline as well as the buy side of a strong support. I look forward to adding an entry upon a reversal candlestick at the retest. At the end of the day we're counter trend trading NOW.
Sell wheat everyday 🐻🍞Who sells wheat everyday? It’s the price-reducing wheat bears who want to provide us all with a cheap basic supply of food. "Affordable wheat for all," chant they, offering reduced-price bushels of wheat to anyone who comes their way. At the moment, they are not to be restrained in their sell-off ecstasy, however, we already see the low of the blue wave (v) lying shortly before us, which means that this sell-off should soon come to its end. The wheat price is already in our green target zone here (between USX 662 and USX 472), where we expect a trend reversal. The bulls should therefore report back before too long and point to the need for higher wheat prices. It should be noted that with the end of said blue (v) wave, an overarching and relatively long-lasting correction should also come to its end. Therefore, our green highlighted target zone can serve as an excellent entry opportunity for speculations on the long side.
Go for Trident!!Why Trident ?
• daily Retracement Successfully done.
• Last swing broken
• Further breakout retracement done
• Candle breaks 20 EMA and closes above that
• Resistance trendline broken
I'm bullish on trident. Let's see what happens!
Follow me for more future updates on trident and other stocks!
Tesla Is Coming Into SupportTesla made nice and clean impulsive five-wave recovery from the lows that is now followed by a three-wave A-B-C correction, which from Elliott wave perspective suggests bigger recovery.
Tesla is now coming down into a support as mentioned few weeks back. Looks like wave C is now at the support, deeper one is 140. Invalidation level is at 102.
IEX - Towards UptrendStock has form a based at at support zone of 135-160 and can make a big move from here.
IEX - Indian Energy Exchange is looking good for an upside move CMP 160
TGT 1 196 (~25%) - Period 6 months
TGT 2 250 (~60%) - 1 Yr
TGT 301 (~90%) - 1.5 Y
Strict Stoploss 135 (~15%)
CAN BE AVEARGED In the range (135-160)
26.5k $BTC supportBYBIT:BTCUSD.P has been on a bearish market structure since the 31k high on 14th of April. For more upside, Bitcoin needs to reclaim the 28k Value Area.
A glimmer of hope is seen at the following setup.
Local S/R level.
Golden pocket, off of the local HTF pivot points.
Possible SFP of the range low.
Possible TP level at the reclaim of the 28k Value Area Low.
If Bitcoin loses the 26.5k support we're looking at more downside, with the next support at approximately 25k.
Aditya Birla Fashion & Retail Ltd - 13.04.2023Aditya Birla Fashion & Retail Ltd - 13.04.2023
The stock price is above EMA in Daily Chart.
There is a MACD Bullish Divergence in Weekly Chart.
There is a Stochastic Bullish Divergence in Weekly Chart.
The stock can be considered for further upside movement with SUPPORT @ 218
A probable trend reversal candidate.
Watch out for the price action.
DISCLAIMER: This is not a Stock Recommendation.
BTC/USDTLooking at the current macroeconomic landscape, there are several factors that could contribute to a buy setup for Bitcoin. Here are some of the most significant factors:
Increasing adoption: Bitcoin adoption has been growing steadily, with more businesses and individuals accepting it as a form of payment. This trend is likely to continue as more people become familiar with the benefits of using cryptocurrency.
Institutional investment: Institutional investors are increasingly showing interest in Bitcoin as an asset class, with many investing significant amounts of capital in recent months. This could help to boost demand for Bitcoin and drive up prices.
Inflation concerns: Central banks around the world have been printing money at an unprecedented rate to stimulate their economies, which could lead to inflation in the long run. Bitcoin, on the other hand, has a fixed supply cap of 21 million, which makes it a potentially attractive hedge against inflation.
Technical analysis: On the daily timeframe, Bitcoin has been in a bullish trend since October 2020. The price has recently retraced from its all-time high of around HKEX:64 ,000 to a support level at around HKEX:50 ,000. This support level has held multiple times in recent months and could provide a potential buying opportunity for traders.
Based on these factors, it appears that there could be a buy setup for Bitcoin on the daily timeframe. However, it's important to note that the cryptocurrency market is highly volatile and unpredictable. Traders should always do their own research and consult with a financial advisor before making any trades.
ETH - UnTiL wHeRe tHe BuLL RaLLy WiLL gO ?Greetings traders!
I am sharing to you today one of my COINBASE:ETHUSD Elliott Waves analysis.
That one is bullish until the summer '23
Fibonacci Extention from the bottom of the orange W to the orange X in order to find the orange Y
Fibonacci Retracement of the purple WXY, in order to know where the objectives converges to be more precise
Fibonacci Extention of the blue (ABC) to find the blue (C)
Fibonacci Extention to find the green extention 3 wave
Fibonacci Retracement to find the green extention 4 wave
Fibonacci Extention to find the green extention 5 wave
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves, from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private if you are interested
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Don't hesitate to comment and check my other idea
PATH looks to recover to 25-28 areaPATH and other growth stocks might benefit from a potential FED halt-buy long duration.
PATH is set to benefit from it as it is a revolutionary industry, RPA and the growth rate of its revenues is still above 20%, even though many companies from the industry lost in revenue growth steam.
Technically, it crossed 200MA and consolidated for a while with a potential to break above 20 into 25-28 area.
ETH/USD; waiting for opportunity to buyEthereum price look in the interesting scenario in H4 timeframe to buy in two points that I'm watching, and following this both scenario and model that I draw using blue arrow and purple arrow as model and trayectory to see in the next hours.
Meanwhile, we need to monitoring in Daily timeframe to know if Ethereum will still in this range that becoming a market trap and down to the $1,550 USD approx. But now, I will keep away of this trade and watching in the next hours if we see a good opportunity to long Ethereum.
Keep pending1!!
BTC/USD: ascending triangle setupBitcoin forming an ascending triangle in H4 timeframe what we see a potential long position toward $31k.
To view in H1 timeframe, Bitcoin break up this structure forming a lower low in this downtrend line in this chart, what bulls made confirmation that want to lead the price to the new higher high.
In Daily timeframe still bullish, but we can to see another possibility that Bitcoin may to down toward $26k key support level to then see a smart buy in that zone. But well, in Daily timeframe we're in the range, meanwhile in H4 look bullish setup
So guys, I put the trade information in this display to look if you decide to entry to long position in Bitcoin right now.
Meanwhile, I was check out the new features that Trading View team created and I want to study it new emoji, stickers and new features that appear in my tools.
Good luck!!!