XAGUSD: A Bullish Perspective and Top-Down AnalysisSilver (XAG/USD) is showing a bullish trend, supported by several key fundamentals. The ongoing global economic uncertainty and geopolitical tensions are driving investors towards safe-haven assets like silver.
Additionally, the increasing industrial demand for silver, particularly in the renewable energy sector and electronics industry, is contributing to its positive outlook. The weakening US dollar is also playing a role in boosting silver prices, as the precious metal becomes more attractive to international buyers.
I'm utilizing probabilities on my charts to get positioned into longs for Silver.
Let’s get into the details of my analysis.
6M:
1W:
1H:
Fractal
ETHUSD: Bouncing back to ATH | 57.50% Probability!I'm currently bullish on Ethereum (ETH) due to several key fundamentals aligning with this bias:
1. Upcoming network upgrades: The Ethereum ecosystem is preparing for the Cancun-Deneb upgrade, which is expected to improve network efficiency and scalability.
2. Institutional interest: There's growing interest from institutional investors in Ethereum, potentially driving increased demand and price appreciation.
3. DeFi and NFT growth: The continued expansion of decentralized finance (DeFi) applications and the NFT market on Ethereum contributes to its utility and value proposition.
4. Potential ETF approval: The possibility of Ethereum ETFs being approved could open up new avenues for investment and liquidity.
5.Technical indicators: Recent price action suggests a potential bullish breakout, with support levels holding strong.
To capitalize on this bullish outlook, I'm employing a probability-based approach for entering long positions.
2W:
1H:
57.50% probability, reaching ATH!
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
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Let's discuss our strategies and learn from each other!
XAUUSD 9/13/24 💹 Commodities:
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish with multiple breaks.
Tokyo: Accumulation
London: Manipulation into Tokyo Range
NY: Looks like we are opening low inside London range and could see a continuation to new all time highs for gold.
Daly Bias: Bullish
Keeping an eye on this. 👁️
The tip from OldmanHi Dears.
In eurousd we have both Fvgs close so in this case we can Enter to buy and sell positon together
and lets see what will happen !
price will touch both Fvgs its more valuable that go up first then come to bottom
Both postions will be profitable but you need to stop whatching screen just set a postion then make time do it
Eur/usd : +20 Pip soon ♥
🔥🔥 @TradeWithMky We are everyWhere @TradeWithMky 🔥🔥
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TSLA 9/12/24💹 Stocks:
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish inside this 30m range. Expecting longs coming out from NY stock exchange open. Price can re-accumulate and touch one of these zones. Wait for price to show strength first always after zones are hit.
Daly Bias: Bullish
Keeping an eye on this. 👁️
NAS100 9/12/24💹 Indices:
👁️ Outlook
30m Context Time Frame: Price is bullish but expecting a re-accumulation
Daly Bias: Bullish
Tokyo: Accumulation
London: Consolidation
New York: Expecting Manipulation taking out some London Lows and coming back to yesterdays NY session to mitigate a level.
Keeping an eye on this. 👁️
XAUUSD 9/11/24💹 Commodities:
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish with multiple fractal breaks inside this 30m range. Price is currently re-accumulating and taking out lows.
Daly Bias: Bullish
Tokyo: Accumulation
London: Manipulation taking out Tokyo Lows
New York: Distribution taking out London Lows and mitigating yesterdays NY session zone.
Waiting for price to show its hand first for longs.
Keeping an eye on this. 👁️
US30 9/11/24💹 Indices:
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish. Currently Re-accumulating under 40757.1
Daly Bias: Bullish/Longs
Tokyo: Distribution
London: Manipulation taking out Tokyo Lows
New York: Manipulation taking out London Lows. Expecting NY longs out of NY.
Keeping an eye on this. 👁️
NAS100 9/11/24💹 Indices:
👁️ Outlook
Daly Bias:
30m Context time frame: Price has been breaking bullish so expecting a re-acc.
Tokyo: Distribution
London: Accumulation
NY: Re-accumulation taking out London Lows. I am expecting Longs coming out of NY for a continuation on the 30m.
Keeping an eye on this. 👁️
SPX500 9/11/24💹 Indices:
👁️ Outlook
Daly Bias: Bullish
Tokyo: Distribution into accumulation
London: Accumulation heading towards Tokyo highs
New York: We are opening inside the london and tokyo range. We also have CPI in about 2 min so we just wait for that to clear then look for longs.
Keeping an eye on this. 👁️
QQQ & J225 Wyckoff Distribution I'm seeing Wyckoff Distribution Patterns on lots of index and mega cap charts, including QQQ J225 & MSFT. It seems pretty obvious that the next bear market is about to start, between Sept Trip Witch and March Trip Witch.
I have no association with Trading Coach, just borrowing their graphic for example.
12 Wins in 13: Mastering the Weekly Breakout Strategy⚡ 12 wins in 13 trades on the weekly chart! That's right, I'm talking about a strategy that exploits the breakout of the previous weekly candle's extremes with impressive precision.
The logic is simple but powerful: I identify the trend direction with an objective approach, enter the trade after the breakout in favor of the trend, and aim for a 1% price move . The stop loss? Always set at the high of the previous candle.
Right now, I see this opportunity on the weekly chart of $NASDAQ:COIN. I will buy a PUT option as soon as the low of 146.11 is broken, with a target at 144.66 and a stop at 182.70 (the high of the previous candle). Once the low is broken, the trade will be triggered, following the successful pattern: 12 out of 13 trades have hit the target so far.
Have you tried applying such an effective strategy on the weekly chart? Share your thoughts , and let's exchange ideas!
Disclaimer: This is my objective approach to identifying trends using candlesticks, and this is not a trade recommendation . High-probability setups usually have lower payoffs , so risk management is essential . I recommend always running a backtest of the strategy to ensure it generates a positive expectancy, even with a lower payoff. Do your own research , and before replicating any idea, understand the principles and ensure it is replicable. Without replicability, a strategy cannot be properly studied or effectively used.
Riding the Bull: My Probability-Based Approach to Trading GER30The German DAX (GER30) is showing promising signs for potential upside movement, supported by several key fundamental factors:
1. European Central Bank's accommodative stance
2. Improving economic indicators in the Eurozone
3. Strong performance of German export-oriented companies
4. Increasing investor confidence in the European market recovery
To capitalize on this bullish outlook, I'm employing a probability-based approach to enter long positions on GER30.
Take a look at these analyses to see the details behind this trade idea.
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3D:
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