HUMNL Showing down trend - ContinueHUMNL worked as I analyzed, overall whole PSX shows slightly in correction mode, but in reality it's just trap to attract small fishes before Year END.
Tomorrow we will see slightly selling in HUMNL as all indicators are over buy which means selling is coming.
Swing trade can be taken from 6.5 or below
Don't take any trade above 6.5, it can fall up to 6
Do average out of current trades
Trend
ETH - A Major High To Be Broken in 2024Hello TradingView Family / Fellow Traders,
ETH has been hovering within a range for a couple of weeks, now fluctuating between 2120.0 and 2320.0.
📈 For the bulls to remain in control and take over from a medium-term perspective again, we need an H4 candle close above the range, at 2320.0
In this case, a movement to the 2,500 round number and upper red trendline would be expected.
📉 Meanwhile , ETH would be stuck inside a range, but the bulls will remain in control as long as the 2,100 level holds.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC/USDT showing a prominent bearish double top pattern(M)BINANCE:BTCUSDT.P The 12-hour chart is showing a prominent bearish double top pattern(M), and a break below the trend line is likely to lead to a drop in the $41,000 to $40,500 range. Currently the price is above the trendline and we will see what happens in the future!✨
BIGTIME/USDT LONG Setup!BINANCE:BIGTIMEUSDT.P Observing the chart, it is evident that BIGTIME has undergone a distinct breakout on the 4-hour chart trendline, signaling a strong bullish momentum. This breakout aligns well with the overall bullish sentiment in the market, adding further support to the optimistic outlook for BIGTIME. Anticipating the continuation of this bullish trend, we can set our sights on achieving the targets set for our LONG trades.
#BIGTIME/USDT LONG
Entries: $8.062
Take profit 1: $0.6723
Take profit 2: $0.7347
Take profit 3: $0.8086
Stop Loss: $0.5455
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
GAS/USDT The confirmation of a breakout for a long trade!BINANCE:GASUSDT.P The breakout from resistance in the GAS chart is evident, signaling a favorable moment to enter a long trade.
#GAS/USDT LONG SCALP
Entries: $7.196
Take profit 1: $7.308
Take profit 2: $7.518
Take profit 3: $7.918
Stop Loss: $6.543
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
RUNE/USDT The breakout for a long trade in has been confirmed!The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade.
#POLYX/USDT LONG SCALP 🍀
Leverage: 3x
Entries: $5.940
Take profit 1: $6.291
Take profit 2: $6.850
Take profit 3: $7.205
Stop Loss: $5.353
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced. BINANCE:RUNEUSDT.P
Binance Coin(BNB): Reached Major Resistance! BNB is currently exhibiting critical price action as it tests a major resistance zone around $260. This level has previously acted as a strong barrier; a decisive breakout above could signal further bullish momentum. However, the price has faced multiple rejections at this level, so let's see.
We have two possible scenarios here:
1) Breakout with a nice re-test, which would confirm this zone to be backed by bulls, and then we will see a nice movement to further upper zones.
2) The price will fail to seize that resistance, leading it to close the daily candle below it and potentially continuing that weakness further down.
ALMOST READY FOR GBPUSD LIFTOFF!We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE and continuation after the FOMC! We have also aligned bullish on the daily, 4H, 1H timeframes.
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
WTI Oil index trend analysisFor the WTI index, we see a strong support of $65-68. Due to the positive divergence with the power oscillator at this floor, it can have a growth up to $76 and then have a correction up to the $70 band. According to the February period, it can grow to the level of 80-82 dollars and will move towards 89 dollars in a higher time period.
RNDRing a Bullish Impulse 🏹Hello TradingView Family / Fellow Traders,
📈 RNDR has maintained an overall bullish trend , trading above the red trendline that serves as a non-horizontal support. Currently, it is undergoing a correction phase and is approaching the trendline once again.
Moreover, the zone between 3.8 and 4.0 is a robust support level.
🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the intersection of the blue support and the red trendline.
📚 As per my trading style:
As RNDR approaches the red circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDCAD - Wait For The Rejection 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 USDCAD has been overall bullish trading inside the ascending triangle in red, and it is currently approaching around the lower bound / trendline.
Moreover, the zone 1.33 - 1.34 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As USDCAD is sitting around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold (XAUUSD) Update Next Week 18-22 Dec23 The market seems poised for a period of consolidation, suggesting a sideways movement before a potential directional shift. During this phase, support is anticipated around 2010 - 2007, and a retracement could lead to a brief upside towards the resistance at 2028 - 2030. The market currently aligns with a green chart pattern, showing a possible resistance followed by a descent to 2000 - 1995 for Target 1, and further down to Target 2 at 1975 - 1960.
Other side, If market successfully breach its resistance levels of 2030 - 2033, as indicated in the buying zone, an upward trajectory is likely possible. This could result in reaching the Target 2050 - 2060, with a subsequent move towards 2090. Monitoring the market closely is crucial to identifying whether it will adhere to the consolidation phase or exhibit a breakout in either direction.
Waiting for a JUICY short on EURCAD...YUMMY!We saw huge bearish momentum for this pair on Thursday and Friday.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
Sell Limit GJThe market has completely broken below the 1 Hour Keylevel and this 1 Hour Keylevel is in line with the 61.8% Fibonacci Level.
The trend has already been confirmed on 4H timeframes with a bearish Trendline and lower high points being respected on the 1H timeframe
This is the reason for my sell limit.
Anticipating a bearish engulfing, pin bar to signal the market to push down.
Possible Shorts for GJObserving a bearish trend confirmed with lower highs and lower Lows on the 4H timeframe. GJ is currently respecting my 4H bearish Trendline in confluence with a 1H Lower High area (Keylevel ).
The market has already given us a strong bearish candlestick on the 15-30 minute timeframe. I’m awaiting a break and retest of the 1H key level (support) then I can look for possible entries
BITCOIN FULL REVIEWthis would be a little long idea, I'm sincerely asking you to read until the end with all the comments to understand my idea completely.
I'm gonna analyze the bitcoin chart from weekly to hourly time frame and using some kind of different indicators to see as much reaction and knots as we can to find the proper behavior of price since the last dump.
generally, I have 2 kinds of view for this idea: 1- bullish and. 2- correctional. I believe there is no falling or another dumping view for this chart anymore ( at least until there is no global financial crisis ).
we start from weekly :
as I see from the start of the bullish movement in march 2020 we reach the ATH of almost $65k which was the 0.68 point of FIBO extension, then we had a retrace to 0 points of it.
As can be seen from the past chart. The price will not grow evenly, so we need retracements along the way.
And given the location and collisions of the candlesticks with the specified levels, the price may be currently in a place that needs a retracement.
From the beginning of the last uptrend on July 19, 2021, until now, we have started a perfect bullish movement, and now it is possible to retrace it by reaching the first target, which is the range of 0.38 Fibo and median fork.
considered the target :
Given that the static channel front range (indicate in purple) with a green line ( representing the 50% range of the fork) can indicate a good level for the target of the corrective movement.
EURUSD - Trend-Following Buy Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURUSD has been overall bullish making higher highs and higher lows, and it is currently in a correction phase retesting the red trendline.
Moreover, it is approaching a strong demand zone 1.067
🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and red trendline acting as a non-horizontal support.
As per my trading style:
As EURUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY - Following The Trend ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURJPY has been overall bullish trading within the rising red channel and it is currently approaching the lower bound / trendline.
Moreover, the zone 157.0 is a strong support.
📉 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As EURJPY approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
In parallel, if EURJPY breaks below the red channel, a bearish continuation till the lower brown trendline would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich