HYPER INTERGRATION ANALYSIC AUDUSDTechnical analysis integrated with the forex pair:
- Resistance and support levels are marked by the yellow-shaded areas on the chart.
- Market structure: Marked by higher highs and lower lows. The zigzag line, dashed, indicates a robust upward structure.
- The market structure is in an upward trend, and the Demand Zone is marked in green. It is a favorable price zone for the BUY side. Support levels can be placed below the nearest swing low.
- Price action & reversal: The price is approaching the trendline. The price has broken above the trendline and is currently testing at the marked position. We observe a reaction at this trendline.
- Indicators: A general observation indicates a decreasing price divergence and an increasing hidden divergence marked on the chart.
- Fibonacci & other analysis techniques,
Marketstructure
BTR - Stronger Than Ever 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 As per my last analysis, attached on the chart, BTR broke above the red channel and 0.0385 resistance and traded higher to reach our target.
Now What?
📈 BTR is sitting around the last weekly major high highlighted in orange.
For the bulls to remain in control, and take over from a long-term perspective, we need a break above 0.062. In this case, a movement till the 0.1 round number would be expected.
📉 Meanwhile , BTR can still reject the orange high and trade lower to test the 0.05 round number where we will be looking for new short-term buy setups.
📚 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
ebay is on sale 🛒Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EBAY has exhibited an overall bullish trend , trading above the orange and blue trendlines.
At present, EBAY is undergoing a correction phase and it is currently approaching a strong support zone 30 - 34
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue and orange trendlines acting as a non-horizontal support.
📚 As per my trading style:
As #EBAY 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
DKNG Market CycleAll stocks go thru 4 stages, sometimes each stage can last months or even years, and it's not always easy to recognize like it is on this chart.
Stage 1: Accumulation - buyers coming in stopping the down fall, and the stock starts trading sideways. (Wait)
Stage 2: Markup - Bullish phase, where traders and institutions start buying the up trend. (Buy)
Stage 3: Distribution - where institutions and traders start taking profits - selling. (Sell)
Stage 4: Decline - shorts recognize this stage and start shorting the stock. (Avoid)
Solana’s target defined. Idea combines Dow, Wyckoff and Fibonacci
Market maker just drew Solanas range with a surgical rebound at the 0.382 level. Could go as low as 0.5 without being weird (45.13)
Expect some type of consolidation and will be looking like the top is in.
Will do its thing and then go to the target zone.
Wouldn’t expect to run this level, it then again anything could happen.
Just an idea, trying to figure out the market’s maker view.
Exiting price action!
History Rhymes 📖🎶Today, I want to share an interesting pattern that BTC has been respecting lately.
1️⃣ First, in June, after a bearish trend, BTC formed a falling correction /pause, and then we experienced a shift in momentum from bearish to bullish.
2️⃣ Then, in mid-July, after a bullish trend, BTC formed a rising correction and then reversed.
3️⃣ In September, once again, BTC formed a falling correction and then traded higher.
🖊 We can clearly see that this pattern is playing out nicely on the BTC Daily chart.
4️⃣ If we apply the same logic to the current price action, BTC should be in a rising correction phase.
For it to be confirmed, we need BTC to reject the upper green trendline again and then break below the last low in green at 33,000. In this case, we will be expecting a bearish trend to start, reaching around the lower orange trendline at 29,000.
🗒 What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember: All Strategies Are Good; If Managed Properly!
~Richard Nasr
📉 The Tightening MA 100 and MA 200: A History of Bull Markets Cryptocurrency markets have an intriguing history of patterns and cycles. Many traders have observed a notable sign that often heralds a bull market: when the Moving Averages (MA) 100 and 200 start to converge. This historical market indicator is back in focus as recent market conditions have seen these moving averages constrict.
The Significance of Moving Averages:
Moving Averages, particularly the MA 100 and MA 200, are essential tools in technical analysis. When these two indicators converge and approach each other, they often create a technical event called a "golden cross." This suggests an impending shift in market sentiment from bearish to bullish.
Contraction as a Prelude to Expansion:
Notably, this time around, the market displayed an even more compelling scenario. Not only did we witness the MA 100 and MA 200 coming close, but we also saw a dip below these averages. This event created a historical context where traders had to navigate the market under the MA 200, which was followed by a swift recovery.
The Essence of Challenges:
In the world of trading and investing, it's essential to remember that difficult times often cultivate the strongest individuals. These challenges, which include price volatility, market manipulation, and psychological pressures, help shape resilient and knowledgeable traders.
Trading Strategy: Preparation for the Future:
Traders are increasingly vigilant of the MA 100 and MA 200 interaction, especially when it comes to the potential formation of a golden cross. While historical patterns offer insights, it's critical for traders to adapt their strategies based on the current market climate and the broader economic landscape.
Conclusion: Lessons from History
The market's oscillations have offered lessons over the years. As the MA 100 and MA 200 constrict, market participants are reminded of the significance of this historical technical indicator. While challenges often precede opportunities, they can also shape traders into more adaptable and resourceful individuals.
📊 Market Analysis | 🧠 Trader Insights | 💹 Technical Indicators
❗See related ideas below❗
What are your thoughts on the convergence of MA 100 and MA 200?💚📈💚
Possible movement US30English
First of all, I looked at the market structure, we have a pretty clear bullish structure, the first HH and HL were OK in its structure without any debt.
Then, looking at the next HH and HL, we noticed that the price didn`t cover at least the 50% of our Fibo, so we still have a nice zone to keep an eye on it
for future bullish movements.
I used the fibo expansion to see if we have any debt in the first movement from the last HL and I noticed a debt in the 78% of it, a nice zone for a
possible bullish movement in the future after a financial crash or something really strong like a recesion. All of this on a daily time frame.
Looking at the other structure from the last HL, I noticed a bearish structure, but in the last days the price broke the last H, so we could expect for possible
higher prices, but it would be good for the price to have a retracement before to do it and possible, give us another HH and HL.
We have to be carefull because we now are on a zone where the markets doesn`t give us HH or LL or anything like that, we need to wait for the price to break
that structure for further movements.
*THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE*
Español
Primero que todo, mirè la estructura de mercado, tenemos una estructura alcista muy clara, en el primer alto màs alto y bajo más alto su estructura notiene ninguna deuda.
Luego, mirando el próximo altomás alto y bao más alto, notamos que el precio o fue hasta el 50% del Fibo, por lo que tenemos una zona interesante a ver en el futuro para futuros movimientos al alza.
Usé la expansión de Fibo para ver si tenemos alguna deuda en su primer movimiento desde su último bajo más alto y noté una deuda en el 78% del mismo, una buena zona para posibles futuras compras,
esperando una futura recesión o algún crash financiero. Todo esto en temporalidad diaria.
Mirando la esturctura desde el último bajo más alto, notamos una estructura bajista, pero en los últimos días el precio rompió el último alto, por lo que podemos esperar precios más altos,
pero sería bueno para el precio tener un retroces antes de hacerlo y posteriormente darnos otro alto más alto y bajo más alto.
Tenemos que ser cuidadosos porque ahora estamos en una zona donde el mercado no me ha dado ni altos más altos o bajos más bajos, tenemos que esperar a que el precio rompa su estructura para ver futuros movimientos.
*ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
#CADCHF buying opportunityAs depicted in the chart, the price successfully broke above a range-bound area yesterday. This pattern, known as the "line formation" in Charles Dow's trading strategy, represents the only tradable Daily time frame pattern based on Dow's principles. We are currently waiting for the price to retest the previously broken resistance, with the expectation that it will now act as support.
To maintain our position and adjust our stop loss in line with this bullish trendline, it is essential for the price to remain above our short-term trend.
In order to manage our Risk-to-Reward ratio effectively, we have decided not to initiate a position until the price reaches our designated support level. At that point, we will be on the lookout for bullish price confirmations.
by the way If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
#GBCAD selling opportunityHello, everyone. I hope you're all having a great start to the week.
Let's analyze the GBPCAD chart and explore a potential selling opportunity in this pair. However, please keep in mind that since we've also posted another idea for EURCAD, it's advisable not to take both of these ideas simultaneously, as it could increase your risk and disrupt your money management.
The price is currently situated at a Daily Clean break area, which serves as a supply zone in the daily timeframe. Additionally, the price has reached the 61.8% Fibonacci retracement level and appears to be forming a rising wedge pattern. Moreover, in less than 10 minutes, a bearish hammer candlestick formation will likely occur in the 4-hour timeframe, further supporting the potential for this trading zone.
It's essential to note that in the forex market, there are times when the price presents clear patterns. However, it often initially moves against the pattern to trigger traders who trade in the direction of those patterns and then reverses in the direction of the pattern. I believe that the bullish breakout from the wedge pattern is a false breakout, and the price will eventually return inside the pattern.
For entering a position, you can either trade based on the 4-hour bearish hammer candlestick formation or wait for the price to return inside the wedge pattern. In any case, your stop-loss should be placed above the high formed in this candle.
Wishing you all the best.
EURGBP - Top-Down Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #EURGBP.
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
SOL 🎵 That break would be like music to my earsHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Weekly: Left Chart
📊 SOL has been trading within a wide range between 10.0 and 50.0.
Lately, after rejecting the 10.0 support, SOL has been bullish from a medium-term perspective. However, it is currently approaching the upper bound of the range – the 50.0 round number.
📈 For the bulls to take control from a long-term perspective and initiate the Markup phase, we need a weekly candle close above 50.0.
In this scenario, a movement towards the next resistance at 130.0 would be anticipated.
H4: Right Chart
From a medium-term perspective, SOL appears bullish while trading inside the green rising broadening wedge, and we anticipate a movement towards the 50.0 level.
📉 Unless the last low in green is broken downward , in which case a bearish correction would begin.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XRP - MarkUp Phase Started 📊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📊 After breaking above the 0.55 level mentioned in my previous idea, XRP exited the accumulation phase and entered the markup phase.
📈 For the bulls to maintain control , we need a break above the 0.7345 resistance highlighted in blue.
📉 Meanwhile, XRP could still face rejection at the resistance , which can be confirmed on lower timeframes. In this scenario, a correction towards the 0.55 support level would be anticipated.
📚 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
EURCHF - Now OverBought ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, attached on the chart, we have been looking for buy setups around the lower bound of the red channel.
EURCHF traded higher and it is now approaching the upper bound of the channel again.
Moreover, the zone 0.97 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 red trendline acting as a non-horizontal resistance.
As per my trading style:
As EURCHF is sitting around the upper red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Knowing that EURCHF can still test the 0.97 resistance before going down.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Weekly Candles Keep closing above $30,322 ☀️With clean candles to the left for BTC we don't have much holding us back at this point for a 37% increase back to 47K. I can visualize us mirroring the move back to the upside. Last summer we moved down and this summer we may move back up. The Monthly candle for June 23' jsut closed bullish engulfing the April/May Monhtly candles. Market Structure on the Weekly timeframe looks good as it's creating measured moves to the upside.
My Trading Strategy in 3 Steps 📊As per @TradingView 's previous post, in this article, I am going to share my trading strategy in three steps.
📌 Step 1:
First, start from the higher timeframes like Daily/Weekly to identify the current long-term trend. Is it bullish, bearish, or stuck inside a range?
If the price is sitting in the middle of nowhere, then it is a NO trade zone, as the price has a 50% chance to go either up or down. Thus, there's no edge!
Remember: No trade is also a trade.
📚Wait for the price to approach the lower bound or upper bound. Then proceed to Step 2.
📌Step 2:
Zoom in to lower timeframes like H1 and M30 to look for any reversal setups.
A basic approach would be to wait for a swing low to be broken downward around a resistance as a signal that the bears are taking over.
In parallel, wait for a swing high to be broken upward around a support for the bulls to take over.
This would be the confirmation to enter the trade.
Just like a sniper waiting for the perfect shot!
📌Step 3:
Target at least a 1/2 risk-to-reward ratio. This way, even with a 50% win rate, you can still be profitable.
Remember: We are risk managers, not traders. We can't control the market; the only thing we have control over is our risk.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Hope you find the content of this post useful 🙏
All strategies are good; if managed properly!
~Richard Nasr
Perfect Head and Shoulders. AlmostA screaming rocket back to 4400 and 4500 eventually, CBOE:SPX played out the pre-set H&S pattern until ~4100.
Where is goes from here?
USA Elections are next year
Holiday Season has started.
Geo Political Tensions on the rise
Inflation not cool but job market and interest rates cooler
As those Buy Side, Sell Side and every middle firm predicted, we may have a flat close to the year unless the above are resolved.
I suspect they do not want a bad market reaction to all these external issues and so they decide to make it seem resilient and keep it flat or better. In all, ~4815 is top and it might extend to 5500 next June if everything starts to melt down
Too Early in week UsdJpy? 🚦UsdJpy , the Yen is testing the highs for liquidity preceding a decrease. It is early in the week and probabilities are not there for the kind of upside volume that we want to observe .
150.5 Bullish Weekly target
152 2nd Bullish Weekly Target
148.71 Bearish Weekly target
148.23 Bearish weekly target #2
AUDCAD - Wait Like a Sniper 🛡Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AUDCAD has been overall bearish trading inside the falling wedge pattern in red, and it is currently approaching around the upper of the wedge / upper red trendline.
Moreover, the zone 0.885 - 0.89 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 green resistance and upper red trendline acting as a non-horizontal resistance.
As per my trading style:
As AUDNZD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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
#DXY more bullish outlookHello, everyone. I hope you're all having a great week.
Let's analyze the DXY chart and try to make some predictions for the upcoming week.
Last week, the price was rejected from the important low indicated on the chart and also established a new 4-hour high, as evident in the chart. Consequently, the market structure in the 4-hour time frame is now in alignment with the higher time frame, daily market structure, and they both exhibit a bullish trend.
Given this scenario, our primary interest lies in taking long positions in high-probability trading zones. These zones could be around the short-term low marked with an arrow or during a pullback to the broken short-term bearish trendline.
In the meantime, as we await the price to reach these levels, we will closely monitor the market. Once the price approaches these areas, we will be looking for confirmation signals before considering our trades.
MASTERING MARKET STRUCTURE : BOS, CHOCHBreak of Structure: This term is used in trading and technical analysis to describe a significant change in the price action of an asset. It occurs when the established pattern of higher highs and higher lows (in an uptrend) or lower highs and lower lows (in a downtrend) is disrupted, indicating a potential change in market sentiment and trend direction.
Examples of Break of Structure: You can find examples of "break of structure" in both bullish and bearish movements. In a bullish scenario, a "break of structure" occurs when a new Higher High (HH) is formed, surpassing the previous High (H). In a bearish context, it happens when the price forms a new Lower Low (LL) below the previous Low (L), indicating a potential shift in market sentiment and trend direction.
Shift in Structure : Sometimes, a "break of structure" leads to a more profound change in market character, referred to as a "Shift in Structure." This often involves a transition from a bullish to a bearish trend or vice versa.
Change of Character (CHOCH): The first instance of a significant shift in market sentiment and trend direction is termed "Change of Character" (CHOCH). This emphasizes the unique nature of the initial change.
Break of Structure (BOS): Subsequent occurrences of a similar shift in market sentiment are labeled as "Breaks of Structure" (BOS). These serve to differentiate the first significant change from those that follow.
These concepts are vital in trading and technical analysis as they help traders identify changes in market sentiment, adapt to evolving trends, and make informed trading decisions. Recognizing a "break of structure" and understanding when it leads to a "shift in structure" is essential for effective trading.