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Bullishscenario

BEERUSDT | Another Bullish Scenario 🍻 Market Context Another bullish setup brewing today before the NY session kicks in! Yesterday, I missed the trend with TAIKO, but today I'm feeling much more confident with BEERUSDT—after all, who doesn’t like beer? 😜 Trade Setup Similar to yesterday's scenario, but today we have more confirmation on higher timeframes, making this setup even more enticing. Strategy The target price (TP) will be set later, depending on the price action’s push up or down. Stay tuned for updates! Let’s raise a glass and see how this trade plays out!
1Long
by minno91
Gold for the next week 18-Sep-2023 Till Closed ManuallyI initially planned to share this on Sunday evening, but given that I'm including my personal trading strategy, I've decided to release it on Saturday instead. This way, someone might find value in my approach and have ample time to understand and implement it in their trading for the upcoming week Bullish Scenario Institutional Bias: If institutions remain aggressively bullish on Monday, expect minimal retracement to demand zones. Daily Supply Zone: A retracement to the demand zone may occur to trap sellers before resuming the bullish trend. Bull Run Extension: The market may stall within the daily supply zone before continuing its upward trajectory. Break Above 1953: A break above this level could signal a long-term bullish run, potentially setting new lifetime highs. Bearish Scenario Institutional Shift: If institutions shift from buying to selling, they may push the market to the daily supply zone to trap buyers before a sharp decline. Liquidity Trap: The market may oscillate between supply and demand zones to generate liquidity before crashing. Short-Term Outlook: Given Friday's bullish narrative, a bearish run seems less likely in the immediate term. High Time Frame (HTF) Bias: The market could revert to a bearish trend as the HTF bias remains bearish. My personal Trading Strategy for Gold Preparation: Be at your trading station one hour before the London Open. Daily Time Frame (TF): Mark trendlines to determine overall market bias. 4hr TF: Identify any break of structures. 1hr TF: Mark unmitigated supply and demand zones. 15min TF: Wait for the price to reach your marked zones or Points of Interest (POI). Entry Criteria: Look for a clean Break of Structure (BOS) on a lower time frame (preferably 5 minutes). Momentum and Volume: Ensure the BOS has sufficient momentum and volume. Entry Point: Enter after the BOS candle closes. Stop Loss (SL): Use a fixed pip SL or place it above the previous swing high. Take Profit (TP): Subjective to your trading style. Risk Management: Limit SL to 1% of your equity. Pip and Lot Calculation: Understand pip values for different trading instruments. Profit Targets: Maintain realistic daily, weekly, and monthly targets. Weekly Target: Aim for a 5% increase in equity. Daily Target: Once reached, reduce your market exposure. Loss Management: If a trade goes south, take a step back and analyze. Important Notes These are personal insights and subject to market conditions. Market moves may take from one day to several weeks to materialize. Global economic uncertainty could increase gold's appeal as a safe-haven asset. Personal Insights Emotional detachment and mechanical trading have improved my performance. Always align your trades with the market's overall direction. Counter-trend strategies are generally riskier unless supported by divergences.
OANDA:XAUUSD
by BinSaeed83
4
Bitcoin Possible Bullish Scenario 27-28K TargetDare we dream? On Bitcoin . I'm a recovering pessimist, but old habits die hard, so I don't favour this right now. I am more partial to a move down (not too far), but this would be the bullish scenario if the bulls just steamroll the bears after that bounce off the 200 weekly MA. From 22870-27000 (range high includes a 27-28K profit target). This also closes the CME gap, so there's that. I would actually be in favour of a slightly more bearish scenario, but just posting this because it is possible. I lean more towards a move slightly lower down from here into the mid to low 22Ks (say 22100-500) prior to a move higher, but I am posting this because it is a possibility from here. Also fair warning, I don't really us a lot of Elliot Wave. Also supporting the "slightly more bearish scenario" would involve a trip down into the mid-to-low 22Ks which would likely lure in more bears (late bears) to short, and set up a possible bear trap, and use their money to catapult us higher. I might draw this out, but I don't think I need to atm.
BYBIT:BTCUSD.P
by JJMa
ETH/USD: Symetrical triangle Ethereum forming this chartist pattern of indecision. But maybe, I have some track that we could to hope a break out to the north or south of this chartist pattern. Bullish Case: If Ethereum break up the upline of this symetric triangle around $3,150 USD. We expect a bullish movement and pull back into this zone. Bearish Case: If Ethereum break down the downline of this symetric triangle around $2,647 USD. We expect a bearish movement and pull back into this zone. keep udate!!!
COINBASE:ETHUSD
by harisonhbn9718
If BTC loses 39.5K support welcome to a bear marketWelcome to this analysis about BTC . Contrary to many analysts I don't think we are in a bear market and at the same time I don't share the opinion of others who think if BTC loses 39.5K level we are still in a bull market. Now I'm going to explain you why I think so. We are looking at the weekly timeframe perspective, the recent events, the established weekly market structure and some indicators. As I mentioned in my previous daily timeframe analysis BTC dropped to my last and main support area that is 39.5K September low and made double bottom . Due to many whales/FTX, Finex, Binance/ that united with the common cause to protect us from the crypto bears putting about 6,000 BTC buying order at 39.5-40K level. As you see BTC price rejected at support area with strong bounce. Based on this pattern and probabilities In a bull market or in an uptrend price usually holds above 21 and 34 weekly EMA key averages or bounces back above them. But when things change and after ATH price pulls back to the mentioned moving averages bounces off and fails and drops back down again below the previous support , below the low that was made prior to the bounce/break market structure/. You can check history. After major peak in 2013, 2017 BTC made a pullback 21-34 weekly moving averages, then strong bounce from that level, then reversed and went below the low that was made prior to the bounce and broke market structure. It dumped more than 40% and entered to a bear market. The only warning sign that I'm cautious about is. Every time, in a bull market when BTC weekly fully candle closed below 50 MA BTC entered to a bear market. Last week it did so. At this very moment, BTC needs to reclaim 21 weekly EMA and stay above bull market support band to become bullish and continue its mind blowing path to 100K+ As I can't post other images to show you history I will add them to my twitter account below this publication as a comment. Thanks for your reading.
Long
by ergal91
2
BTC bullish scenario, BTC 100,000$+ by 2021Welcome to this analysis about BTC . We are looking at the daily and weekly timeframe perspective, the recent events, the established daily parallel channel and weekly symmetrical triangle. BTC hit all my 3 main horizontal supports mentioned by green line. It bounced from 40K support zone which is bottom line of Gaussian Channel, ichimoku cloud and our parallel channel. It is obvious there is a huge buying demand at that level and price goes down to its mean reversion. We can create our uptrend from this point but if DXY goes up and S&P drops I expect BTC to go down to the last support area that is 38K and at the same time our golden pocket zone 0.618 fib level/ from 28.8K to 53K/. It is bottom line of our weekly symmetrical triangle and has to hold keeping bullish perspectives. But for bullish continuation we need BTC weekly candle close above 21 weekly EMA. 38K is the strongest daily - weekly horizontal and diagonal support. If we lose this level and close weekly candle below 21 weekly EMA, more likely we are in a bear market and BTC topped at 65K. But if we see strong bounce from 38-40K level to 47K then 53K and close candle above 53K and make new ATH BTC will enter to super cycle and we'll see 100K + in this bull run which I think is going to end by 2021 or max Q1 2022.
by ergal91
1
Bullish divergence in EUR/GBPHello guys, in this technical analysis, I found up a bullish divergence in the RSI. So, in conclusion, if EUR is bullish, GBP and USD is bearish scenario. So, I found out that EUR/USD and EUR/GBP is bullish while the all situation and problems in that countries. Si, in this tecnical analysis, I will go to adapt a potential signal of trading. So, we are in formation in the ultimate shoulder inverted into this ascedent triangle with continuation bullish pattern. So, in H4 timeframe we see that this 2 dojis what apperas in the past 8 hours, we see that a possible and notify us a change of price action. So we look up and sleeping out what we see. So, the objective is to pick up 50 pips. And later of there, we need to hope if the price it's can be to break up, in that case if see see a grant candlestick positive based in bull, we could to enlarge our take profit to pick up more pips. And important to use break even once again when you go to profit. And I add my previously technical analysis, but some important, after of I make the previously analysis,there are not see a bullish divergence, but it's important for me to detect opportunity to trades, not only to earn money, but make pips objective, but based in my weekly percentage that it's 20%
Long
by harisonhbn9718
1