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Rejection

USDT.D UPDATE! A RELIEF RALLY INCOMING SOON IN THE MARKET!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT DOMINANCE update. Why, I'm expecting a relief rally in the market? Here's the reason- 1) USDT Dominance is trading inside a channel in the 8hr time frame. Currently, it is rejecting from the upper trendline of the channel which is a good sign for the market. 2) Last two times it's got rejection from the same level so I'm expecting the same this time also. 3) It is forming a bearish divergence in RSI. If we get the prefect rejection from here then we have an important support level at 4.30-4.44 level (BTC $44k-$48K) which is a very crucial level. If we break this support level then we expect a big pump in the market. Let's see how this goes. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
CRYPTOCAP:USDT.DShort
by CoreCrypto1
4
GBPNZD I It Will Head Downward Welcome back! Here's an analysis of this pair! **GBPNZD - We are monitoring GBPNZD for a short in the current New York Session. Bearish engulfing pattern on 4hr. price has pulled back to structure and rejecting. Good luck! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
EURCHF - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. DAILY: Left Chart EURCHF is overall bearish and now approaching a resistance so we will be looking for sell setups on lower timeframes. H1: Right Chart EURCHF is forming a channel in red but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing. Trigger => Waiting for that swing low to form and then sell after a momentum candle close below it (gray zone) Meanwhile, until the sell is activated, EURCHF can still trade higher. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
9
SHIB - Shift In Momentum!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. SHIB has been overall bearish for a while making lower lows and lower highs. The bears were aggressive pushing price lower making big impulse movements. However, after rejecting the blue zone, SHIB got stuck inside a range in the shape of a symmetrical triangle in red. The bears are clearly exhausted but that doesn't mean that the bulls are in control just yet. Trigger => For the bulls to take over, we need a momentum daily candle close above the gray area, which is covering the entire structure/range. Meanwhile, until the buy is activated, SHIB would be stuck inside a range, and short-term traders can look for buy setups as it approaches the lower red trendline. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
22
USDCHF - Purple War Zones!Hello everyone, if you like the idea, do not forget to support with a like and follow. USDCHF is overall bullish trading inside the brown and orange channels. As per my trading style/plan; Here are the two strong zones where I will be looking for high probability setups: I call them War Zones, (highlighted in Purple circles) Zone 1: (around 0.95) This highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and the upper brown/orange trendlines. (acting as non-horizontal resistance) Zone 2: (around 0.925) This highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower orange trendline. (acting as non-horizontal support) As per my trading style: As USDCHF approaches one of the purple circles, I will be looking for reversal setups (like a double bottom /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
Short
by TheSignalyst
16
EURCAD Rejective Support Temporary Buy Welcome back! Here's an analysis of this pair! **EURCAD - the pair is bearish and currently rejecting previous daily support. We expect a temporary move higher to 3700 zone and possibly 3755. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
EURCHF - Purple War Zone!Hello everyone, if you like the idea, do not forget to support with a like and follow. EURCHF is overall bearish trading inside the brown channel. As per my trading style/plan; Here are the two strong zones where I will be looking for high probability buy setups: I call them War Zones, (highlighted in Purple circles) Zone 1: (around 1.025) This highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and the red trendline. (acting as non-horizontal resistance) Zone 2: (around 1.0) This highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. (acting as non-horizontal support) As per my trading style: As EURCHF approaches one of the purple circles, I will be looking for reversal setups (like a double bottom /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
by TheSignalyst
8
GBPAUD | perspective for the new weekDespite the obvious, that price action is currently sitting on a strong demand zone; I shall be looking for an opportunity to sell the Pound against the Aussie in the meantime if the price does not break out of the structure explained in the video. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
2
EURUSD - Purple War Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURUSD is overall bearish trading inside our orange channel, however, it is currently approaching the lower orange trendline. Moreover, the area 1.08 - 1.09 is a "Resistance turned into Support". 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 orange trendline. As per my trading style: I will be waiting for it to approach the highlighted purple circle area to look for buy setups (like a double bottom, 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
Long
by TheSignalyst
7
AUDJPY I Headed Downward Welcome back! Here's an analysis of this pair! **AUDJPY- listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
AUDNZD - Purple War Zone!Hello everyone, if you like the idea, do not forget to support with a like and follow. AUDNZD is overall bearish trading inside the brown trendlines . Moreover, the zone 1.1 - 1.11 is a strong support turned into a resistance. So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance) As per my trading style: As AUDNZD approaches the purple 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
Short
by TheSignalyst
6
GBPCHF - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. GBPCHF is approaching a strong support in blue so we will be looking for buy setups. on H1: GBPCHF is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated , GBPCHF would be overall bearish can still trade lower inside the blue support zone . Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
4
ADBE Short PositionWe can see a nice rejection off of the 540 level which is also the previous swing low that was set on December 21st. ADBE has a high PE ratio of 52.88 which puts it in the category of stocks that are selling off right now due to the federal reserve scheduling rate hikes for next year and reducing it's balance sheet. We can also see the supply/demand shifting to the down side as sellers continue to move their entries lower in this downtrend that was established after the earnings sell off. I will be looking to trim or take profit at 520 and 500 depending on market conditions when the price reaches those levels. 520 provided resistance for a few months while this stock consolidated before breaking out, increasing the chances of 520 acting as support. We could see a retest of 540 before this turns down in which case I will be looking to add to my position. I will be setting a stop loss at 541.65 (just above yesterday's high). If ADBE breaks above that level then we could see more upside and that would also jeapordize the short position setup.
NASDAQ:ADBEShort
by ThirtyninethParallelInvestment
1
GBPJPY - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. As per my last analysis, GBPJPY is approaching a strong resistance area in green so we will be looking for sell setups M30: GBPJPY is forming a channel in red but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing. Trigger => Waiting for that swing low to form and then sell after a momentum candle close below it (gray zone) Meanwhile, until the buy is activated, GBPJPY would be overall bullish can still trade higher inside the green resistance. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
7
AUDNZD - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart AUDNZD is overall bearish and now approaching the upper brown trendline so we will be looking for sell setups on lower timeframes. H1: Left Chart AUDNZD is forming a channel in red but the lower trendline is not valid yet, so we are waiting for a new swing low to form around it to consider it our trigger swing. Trigger => Waiting for that swing low to form and then sell after a momentum candle close below it (gray zone) Meanwhile, until the buy is activated, AUDNZD can still trade higher till the blue resistance 1.10 Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
14
EURUSD - Trio Retest!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURUSD is overall bearish trading inside our red channel, However , it is currently approaching a very strong support area. The highlighted purple circle is a strong area to look for buy setups as it is the intersection of: 1- Green Horizontal Support 2- Lower Red Trendline acting as an over-sold area 3- Lower Brown Trendline acting as non-horizontal support What I call "Trio Retest" As per my trading style: As EURUSD approaches the purple 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
Long
by TheSignalyst
12
ETH - The Road Not Taken!Hello everyone, if you like the idea, do not forget to support with a like and follow. ETH is overall bullish from a long-term perspective trading inside the brown rising channel. ETH has been stuck around the lower brown trendline for a couple of weeks now , in an accumulation phase in the shape of a symmetrical triangle marked in orange. For the bulls to take over, we need a break above the last high in gray and upper orange trendline. Knowing that ETH can still form a new swing high before breaking the structure. (projection in purple) Meanwhile, until the buy is activated, ETH would be trading inside the symmetrical triangle and can still break it downward for another bearish impulse movement. That's why the post title is inspired by the poem: "The Road Not Taken" by the famous Robert Frost! 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
BITSTAMP:ETHUSD
by TheSignalyst
38