📈 AMD back @ flag's top trend. Watch for breakout/ rejectionJust a recap of this trade so far:
Posted this @ 108 calling for a bearish rejection.
After it failed to bounce from 101-103, I was certain it'd head over to 95-98, or the bottom TL at most.
When we hit the bottom TL, I called for a buy signal @ 95.
Will tag all these for proof.
Now we are at the top TL, which is the ultimate PT from 95. We hit this in 2 days. +10% in 2 days. That's right.
When you wait for swings to come to you, you will make the most money.
Here's the alert @ 95-96:
We waited a week or two for this perfect bounce. That's the best way to swing.
One way to swing is to buy, buy more, buy more, and buy some more. Another way, is to wait for the right moment and wait for the trade to come to you. If you miss it, you miss it. All good, there's tons of trades on the market.
NASDAQ:AMD NASDAQ:QQQ AMEX:SPY NASDAQ:TSLA NASDAQ:NVDA
Reversal
TSLA watching for 255-253 again todayThis move is highly unsustainable for NASDAQ:QQQ - I called a bull run this morning @ 10 AM. We are up +2% almost on AMEX:SPY SP:SPX AMEX:DIA - watching for pull back now on buyer weakness and reality setting in.
But why TSLA? Why not NASDAQ:NVDA or NASDAQ:AMD ?
TSLA had "bad news" today
With a market pull back, TSLA will get smacked the hardest. Maybe even back to 250.
Risking $40 on 0dte to potentially make $200. High R/R.
I ran out of minds so posting here.
USDJPY - Getting Over-Bought ❗️ AgainHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
USDJPY has been overall bullish trading inside the rising broadening wedge pattern in red, however it is currently approaching around the upper trendline.
Moreover, the zone 150.0 is a resistance zone and strong round number.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As USDJPY 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
EURJPY Continuation PlayEURJPY has been trading in a range between 157.139 and 159.336 since early August. Earlier this week, price finally broke below the lower range boundary and it looks like price will remain below it.
I currently have a bearish sentiment. Although price may take a pause post-breakout, I anticipate continuation to the downside will remain likely as this reversal is underway.
USDCHF Reverses After Double-TopPrice made the original high on September 27th. A few days later, a retest of the high occurred on October 3rd.
After today's New York close, price continues to push to the downside. As long as price holds below the labelled neckline at 0.91492, I believe we can expect a bearish outlook.
Bearish set-up on STORJUSDTReasons for short:
- Head and Shoulders formation
- Bearish Divergence on RSI
- Bearish reversal signal on FRSI
- Price crossed below the whipsaw-resistant trend cloud signalling the beginning of a potential downtrend
Levels:
Entry - $0.4687
Take Profit - $0.3267
Stop Loss - $0.4999
ETH - Longing For One More Impulse ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
After rejecting the 1500.0 support zone, ETH has been overall bullish trading inside the rising wedge in blue, and it is currently approaching the lower bound of the wedge.
Moreover, the zone 1600.0 is a support zone.
🏹 So the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red support and lower blue trendline acting as a non-horizontal support.
As per my trading style:
As ETH approaches the lower 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
UJ: “Reversal” Setup on “IBM” Entry (10/100)System has identified a “REV” playbook setup and a potential “inside bar momentum” shift market entry during pre-market of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
Island reversal pattern forming for Home Depot?Island reversal pattern forming for Home Depot NYSE:HD ?
Started in Feb 22 almost a year ago after earnings report.
If it completes, exceeding 339, then it will be a bullish reversal and 400-420 will be in play. So for next earnings it's possible that price will gap higher. Still watching though.
This is not advice. Do your own research and trade your own plan!!
BTC - Looking For Trend-Following Buy Setups↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Bitcoin has been overall bullish trading inside the rising channel in orange, and it is currently approaching the lower bound of the channel.
Moreover, the zone 27,000 is a demand zone.
🏹 So the highlighted orange circle is a strong area to look for trend-following buy setups as it is the intersection of the blue demand zone and lower orange trendline acting as a non-horizontal support.
As per my trading style:
As BTC 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
UJ: “Reversal” Setup on “Inside Bar Momentum” Entry (9/100)System has identified a “REV” playbook setup consisting of a trend line break and multiple attempts to possibly capitulate using a broken inside bar “momentum” entry during the third hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
E9 ERASER PATTERN
Naming this the E9 Eraser Pattern as it literally erases traders out the game...
Impulse leg creates a peak with liquidity pool above the peak, this area (usually the wick area) is eaten into signalling to go short, as price moves in that direction price is sharply reversed after an internal structure break, trapping said short traders. As price breaks/pushes out of the prior Initial high, triggering buy stops / stop losses, once again we can expect price to sharply reverse.
Ideally we will see an OVERWATCH candle signal print, signalling potential reversal pattern in play.
BTC - The Bulls Are Back 💪Greetings, TradingView Family! This is Richard, also known as theSignalyst.
As per my last BTC analysis, we know that the bulls took over by breaking above the 26,500 high.
📈 For now, the bulls remain in control and we are expecting a movement till the 29,000 supply zone in orange.
📉 Unless the bears manage to take over by breaking below the 27,800 support in red. In this case a movement till the 27,000 demand zone in blue would be expected.
Which scenario do you think is more likely to happen? 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
Gold - We Want our Safe Haven Back ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
XAUUSD has been overall bearish trading inside the falling channel in blue, and it is currently approaching the lower bound of the channel.
Moreover, the zone 1800.0 is a strong support, demand and round number.
🏹 So the highlighted blue 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 XAUUSD approaches the lower 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
⚡️ Gov SHUTDOWN?! Market will tank?! What to do in this case? ⚠️⚡️Some shutdown insights with chart:
Chart shows longest shutdown: 12/22/18 - 1/25/19
The fear factor has always been PRE-shutdown. Not DURING or POST-shutdown.
⚡️ That means what?
If we shutdown, we may dip say 2-3%.
But what happens during shutdown?
You'd be surprised market actually RECOVERS during shutdown. BY A LOT.
During the shutdown in 2018-2019, the market recovered the ENTIRE DIP, whole +15%.
That's the same thing that happened in 2013. The market rose 3% during shutdown.
⚡️ So is shutdown really bad for markets?
No. Only shutdown fears really cause a dramatic effect BEFORE it happens.
Remember the psychology of "priced in". Once a shutdown happens and market reacts for a day or 2, it's priced in.
⚡️ But why?
After the shutdown happens, anything is good news.
If they announce a deal, that's good news.
If they vote, that's good news.
Thus, market does well during shutdowns.
Good luck. 🙂
AMEX:SPY NASDAQ:QQQ NASDAQ:TSLA NASDAQ:AAPL AMEX:DIA
PROSBUSD - Bump and Run Reversal Bottom PatternThe bump-and-run reversal bottom is a chart pattern that is a surprisingly good performer in both bull (ranking best for performance) and bear markets (ranking second best). It has a low break even failure rate and high average rise after the breakout. Discovered by Thomas Bulkowski in 1999.
BURGER KING (RBA) Possible long entry The share is making a comeback. Showing some strength after long downtrend.
I would accumulate slowly waiting upto a clear confirmation from neckline break in the charts.
and most importantly a Golden crossover has already formed.
Target price is Rs.200 anytime during the year 2024.
Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.
ETH - Bulls Are Strong 💪Greetings, TradingView Family! This is Richard, also known as theSignalyst.
Based on my last ETH analysis, we know that the bulls took over by breaking above the 1610.0 resistance.
📈 Now we are expecting a movement till the 1700.0 resistance.
📉 The bulls will remain in control, unless the last low 1650.0 is broken downward.
📚 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
XAUUSD_28.09.2023_Potential Price ReversalXAUUSD
1. If we see in daily timeframe, currently price in support area.
2. In daily timeframe, price looks to develop triangle pattern.
3. In H-4 timeframe, price in fibonacci retracement 161.8
Previously, prices had decreased quite significantly, so with 3 points above we can wait and look for a position to make a good purchase.
Notes:
*) This is a personal analysis, please adjust it to the existing conditions.
*) nThis is not a buy/sell recommendation. This is just my personal analysis.
*) Please analyze again, because you are responsible for your decision. Your losses are your responsibility, your profits are yours.
*) I'm still in the learning process, let's learn together :)
Thank you
TRIDENT Long opportunityNSE:TRIDENT
Long term opportunity of approx 25 to 50% up move in price unless the stock changes to downtrend.
Have reversed after downtrend and forming support level.
Target price: (Rs.50 - 60)
Note: Trade with caution! Do not trade solely based on my strategies, these are just individual ideas, kindly consult your investment advisor before taking trades.