EURNZD - Trend-Following Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURNZD has been overall bullish trading inside the rising channel in red and it is currently approaching the lower bound / red trendline.
Moreover, the zone 1.8 is a strong support.
🏹 So the highlighted red circle is a strong area to look for trend-following 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 EURNZD approaches the lower 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
Longterm
FInally gold will buy According to the price action and the price patterns ,finally gold will buy .gold created a triple bottom and it will made a huge rejection to the upside till 1935 .
if the gold breaks 1935 then the target is 1945 /50 range.on other hand if gold breaks bellow 1915 it will lead gold to move to the hell(1881).
But pattern structure will not able to do that.i settled my stops below 1915 with final tp 1935 .
(this is a not a financial advice.just my idea.please consider that)
Preparing for Takeoff ✈️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AAL has been overall bullish trading inside the flat rising wedge pattern and it is currently approaching the lower bound / red trendline.
Moreover, the zone 12.5 - 13.0 is a strong support.
🏹 So the highlighted red circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As AAL approaches 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
BTC 12-16 months monthly projectionThis graph represents the next bull run we're all waiting for. The price could lose 20-30% of its current value during this period of time. The bullish trend should take strength from the next halving expected to happen in April 2024, in which we will see a rally to new maximums. I expect the next ATH to be around 100-150k.
Canadian Solar: Why You Should Buy NowWhy You Should Invest in Canadian Solar Inc.
Canadian Solar Inc. is a leading global solar power company with a strong financial position and a bright future. The company has a long history of profitability and growth, and it is well-positioned to capitalize on the growing demand for solar energy.
Financial analysis
Canadian Solar's financial position is strong. The company has a healthy balance sheet, with a debt-to-equity ratio of just 0.23. It also has a strong cash flow, with free cash flow of $1.5 billion in 2022.
In addition, Canadian Solar's financial metrics are attractive compared to its peers. The company's price-to-earnings (P/E) ratio of 15.5 is lower than the average P/E ratio of 20 for other solar power companies. Its price-to-book (P/B) ratio of 1.6 is also lower than the average P/B ratio of 2.5 for other solar power companies.
Technical analysis
Technical analysis also suggests that Canadian Solar is a good investment. The stock is currently near its monthly low, which indicates that it is oversold. Additionally, the distance from the 180-day moving average is about 35%, which suggests that there is room for a recovery.
Analyst rating
The consensus among 11 analysts is to buy Canadian Solar. This suggests that there is a high level of confidence in the company's future.
Smart money concept analysis
Smart money concept analysis also suggests that Canadian Solar is a good investment. The stock is currently in a discount, which means that it is trading below its intrinsic value. This suggests that there is a high probability of a rebound.
Entry signal
The entry signal for Canadian Solar is a green candle closing after touching the monthly low. The stock should also be exiting the discount zone.
Target
The take profit for Canadian Solar is the weekly high if you want to exit the position in the short term. For a longer-term investment, the take profit is close to the balance zone and the change of character (CHoCH). The stop loss is at the break of structure (BoS) of 2022.
Conclusion
Based on the above analysis, Canadian Solar is a good investment for investors who are looking for a company with a strong financial position, a bright future, and attractive technical and valuation metrics.
Additional considerations
Of course, any investment carries some risk. However, Canadian Solar is a well-managed company with a strong financial position and a bright future.
Here are some additional considerations for investors who are considering investing in Canadian Solar:
The global solar market is growing rapidly, but it is still in its early stages. This means that there is some risk of competition from new entrants.
Canadian Solar is a global company with operations in over 20 countries. This exposes the company to political and economic risks.
The company is subject to government regulations in the countries in which it operates. These regulations could change, which could impact the company's business.
Investors should carefully consider these factors before investing in Canadian Solar.
BTC - Bulls Are In Control - Short-Term ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on H4: Left Chart
As per my last video analysis, BTC broke above the 26,200 previous major high so the bulls took over short-term.
Now we are expecting a continuation till the 27,400 supply zone marked in red.
on H1: Right Chart
The bulls will remain in control, unless the last minor low at 25,815 is broken downward again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD - Potential Reversal ⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
EURUSD has been overall bullish trading inside the flat rising channel in brown, and it is currently approaching the lower bound / trendline and support zone.
Hence, we will be looking for trend-following buy setups on lower timeframes.
on H1: Right Chart
EURUSD formed a valid channel in red but it is not ready to go yet.
For the bulls to take over, we need a momentum candle close above the last high marked in gray.
In this case, we will expect a shift in momentum from bearish to bullish.
Meanwhile, until the buy is activated, EURUSD would be overall bearish and can still trade lower inside the support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - Follow The Trend 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
XRP has been overall bullish from a long-term perspective trading inside the rising wedge pattern and it is currently sitting around the lower bound / blue trendline.
Moreover, the zone 0.5 is a strong support and round number.
🏹 Hence, XRP is sitting around a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
Thus, we will be looking for buy setups on lower timeframes as long as the 0.46 support holds.
on H4: Right Chart
XRP has been stuck inside a range.
For the bulls to take over short-term, we need a momentum candle close above the last minor high in red.
And then, for the bulls to remain in control from a medium-term perspective, we need a break above the last major high in blue around 0.56.
Meanwhile, until the bulls take over, XRP would be bearish and can still dive inside the 0.46 - 0.50 support zone.
📚 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
GBPCAD - Trend-Following Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPCAD has been overall bullish trading inside the flat rising channel in orange and it is currently approaching the lower bound / orange trendline.
Moreover, the zone 1.68 is a strong support.
🏹 So the highlighted orange circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower orange trendline acting as a non-horizontal support.
As per my trading style:
As GBPCAD approaches the lower orange 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
THETA LONG TERM analysis ⏰theta MYX:THETA :: strong project #dyor
Old good project used in meta+ai which helps in future generation ☺️
BUY :: $0.34-44
Month Below $0.19 ( invalid ⚠️ ) #sl
Sell :: $1.5 - $3.7 - $6
Not expecting above $6 but trend and money flow increase breaking $12
Lead to $26 & $38
#principaltrade :: $2
BTC - Top Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
GOLD - Is History Repeating Itself ⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After rejecting the 2080 resistance, GOLD has been overall bearish trading inside the falling channel in red and it is currently retesting the upper bound / trendline.
Moreover, the zone 1980 is a strong resistance.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper blue trendline acting as a non-horizontal resistance.
As per my trading style:
As GOLD approaches the "3" zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
For the bulls to kick in and invalidate the bearish scenario, we need a break above the blue resistance.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Inside The Range Again ⏱Greetings, TradingView Family! This is Richard, also known as theSignalyst.
After being rejected at the 28,000 supply zone and breaking below the recent low highlighted in blue mentioned last week, BTC is currently trading near the lower boundary of the range.
📈 For the bulls to take over, it's crucial for BTC to surpass the 26,200 level. If this occurs, we can expect further upward momentum toward 27,400 red supply zone.
📉 Meanwhile, BTC would be bearish and can still test the previous major low in orange at 25,300 or even breaks it downward.
Now, which scenario seems more likely to unfold next, and why?
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
NECCLTD LOOKS GOOD ON MONTHLY BASICS Disclaimer : This is strictly for educational purposes only. Please don't take it as investment advice. Stock Market Investment are very risky & subject to Market Risks. Use your discretion & consult your financial Advisor before investing.
NECCLTD MARKET CAP ONLY 154 CR SO PLS DON'T AGGRESIVE ON THIS STOCK .
PROMTER HOLDING INCREASE ON EVERY YEAR
NSE: NECCLTD is closing last month with a bullish breakout candle supported with volumes also show higher high , higher low formation on monthly chart . This volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days or Month . #stockmarket #stocks #investing #trading #investment #money #finance #stock #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading
BGB - Standing Strong 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 Despite many altcoins experiencing lower lows over the past couple of months, BGB has demonstrated resilience by maintaining support above 0.4.
📉 As BGB nears the lower boundary of the red channel, coinciding with the 0.4 support level, we will be on the lookout for short-term buying opportunities .
📈 To regain medium-term bullish momentum, it is essential for BGB to breach the channel's upper boundary and surpass the previous significant high marked in red, which is approximately at 0.45.
Which of these scenarios is more likely to occur first, and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURAUD - Looking For Buy Setups Already ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), we were looking for sell setups around the upper bound of the orange channel.
EURAUD rejected our resistance, traded lower, and now approaching the lower bound of the channel.
Moreover, the zone 1.655 is a strong support.
🏹 So the highlighted orange circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower orange trendline acting as a non-horizontal support.
As per my trading style:
As EURAUD approaches the lower orange 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
USD/CAD HTF and LTF Trades Breakdown and AnalysisOver the past few days i've posted a few trade ideas and setups specifically in regard to the USD/CAD pair.
In this video I walk you through my thought process for the overall future of the pair in addition to a breakdown of the trades I took (2/3 have hit their take profit so far) and my setup for taking them.
This is my first analysis video so I apologize if it's a little long - tried to get as much helpful and pertinent info in as possible. As always, feel free to reach out with any questions, comments, requests, etc!
Happy Trading!
- FourXTrader
BITCOIN : Moon SignalHi everyone,
Let's show some positive news!
The trend shows us that we probably started a new BULLISH Trend :
We get an amazing GOLDEN CROSS that appeared very recently... Each time we get this Golden Cross, we has started a great bullish trend and for sure, ALTCOINS will follow (after a little delay).
Anyway, I'm waiting to see a very hard and fast correction (US recession?) between the end of 2023 and the spring 2024. Just a normal part for a cycle market...
Let's get the ball rolling!
Stay safe!
PS: it's not a Financial Advice.
BTC - Bulls Are Strong Again 💪Greetings, TradingView Family! This is Richard, also known as theSignalyst.
As per my analysis from yesterday, we were anticipating that the bulls would take control by breaking above two key levels, specifically 26,330 and 26,800.
📌 Today, BTC encountered resistance at the 28,000 supply zone. Now What?
📈 To maintain a bullish outlook, it's crucial for BTC to surpass the 28,000 level. If this occurs, we can expect further upward momentum toward 29,000 and 30,000.
📉 Conversely , if BTC breaches the recent low marked in blue to the downside, we should anticipate a more significant correction towards the previous high at 26,750.
Now, which scenario seems more likely to unfold next, and why?
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
GBPAUD - Still Overall Bullish 🔝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPAUD has been overall bullish trading inside the rising channel in blue, and it is currently approaching the lower trendline.
Moreover, the 1.94 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
As per my trading style:
As GBPAUD is sitting around 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