Buy her $ROSE not a Rose 🌹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
📈 After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
🏹 For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
📉 Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
🌹 Buy BCBA:ROSE , not a rose; it is cheaper and a longer-term investment.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Creative
📚 Bow & Arrow Pattern 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Today, I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset.
🏹 I call it the "Bow & Arrow" pattern.
This pattern can be either bullish or bearish, but for today, I will be focusing on the bullish reversal patterns.
On the chart, I have highlighted three previous examples for illustration purposes (in red, orange, and purple).
The pattern consists of three cycles:
1️⃣ First, there is a bearish impulse that breaks below a major low.
2️⃣ Second, a correction forms followed by another bearish impulse.
3️⃣ Third, the bulls take over, resulting in a complete shift in momentum.
📉 We can clearly see this pattern playing out nicely on the XRP weekly chart.
If we apply the same logic and pattern to the current price action, we would expect the next bullish impulse movement (3️⃣) to start soon, which should be confirmed on lower timeframes.
🗒 What do you think?
Always remember to follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All strategies are good if managed properly!
~Rich
BEST SLOW SHORTING IN USDJPY is this one of the biggest smart mov$ ?
we can see a clear break oyt of every zone but theres no other level ? ...
we will see u know i might be wrong thats why its a consept but i would love to hear ur ideas
think it yourselves as traders consolidation faze comes with shorting ...
NOT FINANCIAL ADVICE !
[ADBE] Leading Tech Stocks out of the Correction!Correction? Not for Adobe! Ahead of the curve on the same breakout setup as other names like MSFT and CSCO.
ADBE has the story, the ideas, products, etc. for the digital future.
+ Tech?
+ Software?
+ Cloud Integration?
++ Digital Media?
++ Barrier to Entry?
- Overdone Media Attention?
Adobe's been crafting their monopoly on digital media production tools by packaging, improving, and adding products to their most well known suite, Adobe Creative Cloud.
Instead of going on and on... just think, the word Photoshop is equivalent to saying Photo Editing as Kleenex is to saying Tissue and most people don't even know what Photoshop is!
They have a pseudo-monopoly on digital media production and online marketing tools for professionals and teenagers trying to be funny on Twitter.