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Swingtrading

Exploring the Bullish Outlook for Litecoin (LTCUSD)Litecoin (LTC/USD) is showing a bullish trend, supported by several key fundamentals. The cryptocurrency market is experiencing renewed interest, with Litecoin benefiting from its reputation as "digital silver" alongside Bitcoin's "digital gold" status. Litecoin's upcoming halving event, expected in August 2023, is generating excitement as it typically leads to increased scarcity and potential price appreciation. Additionally, Litecoin's growing adoption in real-world transactions and its recent integration into various payment platforms are contributing to its positive outlook. The overall crypto market sentiment is improving, with institutional investors showing increased interest in alternative cryptocurrencies like Litecoin. I'm utilizing probabilities on my charts to get positioned into longs for Litecoin. Now, let's take a closer look at my analysis. 12M: 2W: 1H: Feel free to share your thoughts and ideas in the comments below!
CRYPTO:LTCUSDLong
by Jasminex1x2
SWING IDEA - PRISM JOHNSONPrism Johnson , a key player in the building materials sector, is showing promising technical indicators that suggest a potential swing trade opportunity. Reasons are listed below: Break of Cup and Handle Pattern : The stock has broken out of a cup and handle pattern, which is a bullish continuation signal, indicating the potential for further upside movement. Support at Crucial Zone of 150-160 : The stock is taking strong support around the 150-160 zone, a critical area that has previously acted as a strong support level. Bullish Engulfing on Weekly Timeframe : A bullish engulfing candle on the weekly chart adds to the bullish sentiment, signaling a strong reversal from the support zone. Double Bottom Pattern on Weekly : The formation of a double bottom pattern on the weekly timeframe further strengthens the bullish case, indicating a potential reversal from a major support area. 50 EMA Support on Weekly Timeframe : The stock is currently supported by the 50 EMA on the weekly chart, indicating that the long-term trend is intact. Target - 199 // 220 // 250 Stoploss - weekly close below 142 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:PRSMJOHNSNLong
by Visionary_Growth_Insights
HFCL Ltd. Resistance Rejection Sell Setup - 5:1 Risk-Reward Rati Description: This setup on HFCL Ltd. demonstrates a resistance rejection pattern with a focus on high-probability sell trades. The steps in this trade idea are as follows: Candle Identification: We start by identifying a candle that has closed above the all-time high. Candle Confirmation: The next two candles should close below each other, confirming a resistance level. Resistance Confirmation: The continued closing of candles below resistance indicates strength in the rejection of this level. Sell Execution: A sell trade is initiated as per the strategy, with a stop-loss placed at 160.00 and a risk-reward ratio of 5:1. The target for this trade is set at ₹139, and the stop-loss is placed at ₹160. This setup provides a clear framework for executing trades with proper risk management.
NSE:HFCLShort
by rg739847
3
Probabilities in Play: Positioning for EURUSD ShortsEconomic Landscape Eurozone Challenges The Eurozone is experiencing sluggish growth, with some nations nearing recession. Persistent inflation pressures the European Central Bank (ECB) to maintain tight monetary policy. U.S. Economic Strength The U.S. economy shows resilience, bolstered by strong job markets and consumer spending. The Federal Reserve’s hawkish stance on interest rates supports a stronger dollar. Geopolitical Factors Ongoing geopolitical tensions, particularly in Eastern Europe, create uncertainty for the Euro. Trade Idea Given these fundamentals, my bearish outlook on EURUSD is supported by current global trends. I plan to utilize probability-based strategies to enter short positions. By analyzing key support and resistance levels, along with technical indicators, I aim to identify high-probability entry points for shorts. Happy trading, and may the probabilities be in your favor! 1W: 6H:
Short
by Jasminex1x2
1
USOIL : Why a 56.53% Probability Signals a Strong Bullish Move!The current global landscape presents several factors supporting a bullish bias for USOIL: Geopolitical Tensions: Ongoing conflicts in the Middle East continue to create supply uncertainties, potentially driving prices higher. Economic Recovery: As major economies show signs of improvement, demand for oil is expected to increase, putting upward pressure on prices. OPEC+ Production Cuts: Recent decisions by major oil-producing countries to limit output could lead to tighter supply conditions. Leveraging Probabilities for Strategic Positioning I'm utilizing probabilistic analysis on my charts to get positioned into longs. Here's why this approach is valuable: 1. Risk Management: By assessing probabilities, I can better gauge potential outcomes and adjust my position sizes accordingly. 2. Identifying High-Probability Setups: Probability-based analysis helps pinpoint trade entries with higher chances of success. 3. Emotional Control: Using probabilities provides a more objective framework, reducing the impact of emotions on trading decisions. 4. Adapting to Market Conditions: Probabilistic thinking allows for flexibility in strategy as market conditions evolve. By combining fundamental analysis with a probability-based approach to technical analysis, I aim to capitalize on the bullish potential in USOIL. 12M: 2W: 1H:
TVC:USOILLong
by Jasminex1x2
The Power of Probability: Navigating BTCUSD Longs with PrecisionSeveral key fundamentals support a bullish outlook for BTCUSD. Increasing institutional adoption of Bitcoin as a hedge against inflation continues to drive demand. There's growing interest in Bitcoin ETFs, potentially broadening investor access. Recent political developments, such as President Biden's unexpected withdrawal from the 2024 election, have introduced volatility in traditional markets, potentially making Bitcoin more attractive as an alternative investment. Additionally, on-chain metrics show a shift towards Bitcoin accumulation, especially among large wallets and long-term holders, suggesting renewed market confidence. I'm utilizing probabilities to position myself for long trades in BTCUSD. By focusing on high-probability setups, I can identify favorable entry points where the risk-reward ratio is advantageous for long positions 1D: 2H: Let's discuss our strategies and learn from each other!
CRYPTO:BTCUSDLong
by Jasminex1x2
Gold is flying. Macroscopic 3 Month zoom.The Gold party is still healty? 15 days are left for this 3M session to close and still has not found Its ATH high. lets see where this candle close. Taking a look at this giant timeframe trying to give some insightful notations. The big bullflag breakout has been impressive, since it broke the last all time high in Friday 07 August 20' at $2,075 price has not looked back. Giving outstanding returns from its last 3M higher low at $1,810 with a stairstep fashion during almost 12 months the top is not in sight and the uptrend is the best example of a strong one! How high can we go? Answer is very high! Twelve days are left for an entire year cicle favoring the bulls and It seems like the party has not finished. Gold started a 3 Month uptrend, It broke a 3M triple top at $2,075 shaped by the bullflag. Spawned as the last All Time High four years ago and staying in play for 45 months. The last time Gold started a 3M uptrend, It happened at Thursday 20 Jun '19 around $1,375. Counting the candles for this 3M timeframe, from the last swing higher low at $1,160 the result is 7 consecutive sessions favoring convincingly the bulls. That is 21 months or almost two years. How long this current Gold bull market will last? Answer is I dont know. I will be looking for clues and hints for temporary tops in lower timeframes.
OANDA:XAUUSDLong
by hectordsd