Navigating BTCUSD: A Data-Driven Approach to Bullish TradingI have a bullish outlook on BTCUSD, and here are a few key reasons supporting this view:
1. Political Changes: Recent shifts in the U.S. political scene may lead to more favorable regulations for cryptocurrencies.
2. Economic Conditions: The economy seems to be stabilizing, with inflation decreasing and growth continuing.
3. Institutional Interest: Big investors are showing renewed interest in Bitcoin, which is a positive sign for the market.
To get into long positions on BTCUSD, I’m using a strategy based on probabilities.
By using this approach, I aim to make smart, data-driven decisions in the exciting world of Bitcoin trading.
1D:
1H:
Please feel free to share your thoughts and ideas in the comments below!
Let’s learn from each other and navigate this exciting market together!
Swingtrading
Bearish on TONUSD: 58% to 97% Probability of Hitting TP1!Toncoin (TON) is currently facing several bearish pressures in the market:
Key Fundamentals
- Declining trading volume indicates waning investor interest
- Price action below key EMA levels (20-day, 50-day, and 100-day) reinforces bearish sentiment
- Recent completion of a Death Cross on the daily timeframe, the first since May 2023, suggests potential for further downside
- Broader cryptocurrency market uncertainty and regulatory concerns are affecting altcoins like TON
I'm employing probability-based analysis on my charts to strategically enter short positions on TONUSD.
3D:
Hourly timeframes:
Please feel free to share your ideas and thoughts!
Dark Pool Buy Zone Stages More Gap Up PotentialNYSE:NKE gapped again with a breakaway gap jumping over resistance. These rarely fill and if the gap fills, it will be minimal. Volume was above average. This kind of gap up sequence can happen easily when a classic Shift of Sentiment pattern forms in Accumulation/Distribution indicators as a stock bottoms. But price remains well below the previous gap down. It may gap again as the stock challenges that resistance.
ENGINERSINHi guys,
In this chart i Found a Demand Zone in ENGINERSIN CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
PRAKASHHi guys,
In this chart i Found a Demand Zone in PRAKASH CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
Looking very strong for shrot termStock is strong in bigger timeframes and small Timeframe is showing a support.
which indicate stock can achieve a good return in short term.
Todays price: 608
Stoploss: 566
Target: 802
Good risk reward
Disclaimer: This idea is for personal learning and no buy or sell recommendation.
CentralBank-Swing Bullish- Will this support is strong enough?! NSE:CENTRALBK
19.08.2024
Buy 60
Target 66
Stop Loss 56
Risk Reward- 1:1.5
1. Inside bar breakout
2. 200 EMA perfect rejection
3. Price bounced from strong key level(Resistance turned to support)
4. After good uptrend price under consolidation from last 5 months
5. RSI bounced from over sold zone with double bottom.
6. Good volumes in breakout candle
GNA Axles Limited Going Towards Its All TIME HIGH's NSE:GNA
GNA Axles is engaged in the Business of manufactures auto components for the four-wheeler industry, primary product being Rear Axles, Shafts, Spindles & other Automobiles Components for sale in domestic and foreign market.
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Key strengths
Extensive experience of promoters/management and long track record of operations
GNA was promoted by Late Rachhpall Singh and his brother Gursaran Singh, the latter being the company’s current managing
director with around five decades of industry experience. His son, Ranbir Singh, and other family members are also involved in
the company’s day-to-day business activities. The company directors are assisted by a team of professionals who are highly
experienced in their respective domains. Being established in 1946, the GNA group, which also includes GNA Gears Limited, has
a long track record of operations.
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Diversified revenue stream across product segments and geographies
The company supplies its products to varied segments of the automotive industry, including commercial vehicles (CV or the onhighway segment), tractors, farm equipment, and earth moving equipment (all three being part of the off-road segment). The
company derives significant income from export of its products to the US, Europe, Asia Pacific (Japan and China among others),
Mexico, Brazil, and so forth, with exports constituting around 53% of its total operating income (TOI) in FY23 (refers to April 1
to March 31) . The company is a Tier-1 vendor for its supplies in domestic off-road segment, while in the
exports markets, it supplies axles and spindles to larger and more established Tier-1 vendors.
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Long and established relationship with customers
The GNA group has been operating in the auto component industry since 1946, thus having built time-tested relationship with
customers – with some ever since the commencement of its operations. Besides, it has been supplying to some of its export
customers since 2000. GNA markets its products through the common group marketing network catering a whole range of
products, including axles, gears, and shafts under one roof. The long and established relationship with customers provides revenue
stability to the company, subject to overall industry demand scenario.
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Reputed, though concentrated customer base
While GNA faces customer concentration with its top-5 and top-10 customers accounting for around 64% and around 80% of its
total gross sales in FY23, the risk is largely mitigated as the top revenue contributors are well-established players and enjoy strong
position in the industry. GNA is the main supplier of axle shafts to most of the original equipment manufacturers (OEMs) that it
supplies to, and by virtue of its long-standing relationships with the customers, the company has a strong market position. For
some of its export customers, the supplies are made by GNA for their plants in various countries, thereby mitigating the risk
arising from slowdown in one geographical location.
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Comfortable scale of operations with largely steady margins
In FY24, the company achieved TOI of ₹1,508.67 crore compared to a TOI of ₹1,582.93 crore in FY23 driven by moderation in
price realisations owing to weak tractor sales in the domestic market. The profit before interest, lease rentals, depreciation and
taxation (PBILDT) margin marginally declined to 13.24% in FY24 (PY: 14.70%). The profit after tax (PAT) margins declined to
6.63% in FY24 from 8.22% in FY23.
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Comfortable financial risk profile
The company’s capital structure remained comfortable with long-term debt-to equity and overall gearing ratios of 0.04x and
0.24x, as on March 31, 2024, respectively (PY: 0.07x and 0.28x, respectively). The same improved mainly due to reduction in
debt and accretion of profits to the net worth. The company has low reliance on working capital borrowings as it only avails the
pre-shipment credit for exports and substantial portion of its inherently high working capital requirements are funded by internal
accruals. The interest coverage ratio remained healthy at 17.3x in FY24 (PY: 21.22x) due to healthy profitability and low interest
costs on foreign currency borrowings. The company’s total debt to PBILDT stood comfortable at 0.95 as on March 21, 2024 (PY:
0.87x).
GBPUAUD SELL TRADE IDEA SIGNALGBPAUD SHORT/SELL SETUP 23 SEP-27 SEP 24
1. DAILY & H4 TF IS GETTING BEARISH
2. UNABLE TO SUSTAIN HIGHER HIGHS
3. SONSOLIDATING NEAR PSYCH LEVEL OF 1.9500
4. Look for sell signal below 1.9500
Sell @1.9495/1.9490 SL- @1.9530 Target1-1.9370
Risk Reward of 1:3 OANDA:GBPAUD
Tesla, Inc. (TSLA) short term outlookNASDAQ:TSLA The price has recently moved above the previous resistance at $235 and is trending upwards within the Bollinger Bands. A breakout beyond the current range could push the stock toward the next resistance level near $265. With rising volume and price action maintaining strength above the moving averages, this upward momentum could continue. Monitoring volume and the stock's behavior around the $245 resistance will be crucial to confirming a breakout or potential retracement. ( NASDAQ:QQQ SP:SPX AMEX:SPY )
Market Insights: Why Now is the Time to Go Long on SPX500USDThe S&P 500 continues to show resilience, and my overall bias remains bullish. Several key fundamentals support this outlook:
1. Cooling inflation: Recent data suggests inflation is moderating, potentially easing pressure on the Federal Reserve.
2. Strong labor market: Unemployment remains low, supporting consumer spending and economic stability.
3. Technological advancements: Ongoing AI and tech innovations are driving productivity and growth across sectors.
4. Corporate earnings resilience: Many companies are adapting well to the current economic environment, maintaining profitability.
To capitalize on this bullish trend while managing risk, I'm utilizing probabilities in my chart analysis to identify optimal entry points for long positions.
12M:
2W:
12H:
I’d love to hear your thoughts on this trade idea! What are your views on SPX500USD? Feel free to share your insights and opinions below!