Get started

Reversal

Top 6 Trading Patterns:Have You Seen This Trading Method Before?The problem with candle stick patterns is that it takes time to master them -- Also, you need some interest level to really get it -- Notice this pattern? There are about 4 indicators on this chart -- You need to master Japanese candle stick patterns -- The Top 6 indicators used in this chart: 1-EMA 13 Days 2-Stochastic 3-RSI 4-MACD 5-MACD histogram 6-Japanese Candle Stick Patterns -- Before you trade the inverse pattern which is a very professional strategy -- YOu need to master these indicators mentioned above -- After you master them you will learn how to -- Trade the market and screen for good patterns to trade --Notice how the price is below the market value in this pattern -- Thank you for the boost this chart example is my thank you gift to you -- Study these patterns and indicators when you do come back to this chart -- so that you see this history to confirm your professional knowledge -- Study more -- Regards, Lubosi Forex
NASDAQ:ACHVLong
by lubosi
GBPNZD - Looking For Sell Setups Already!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on WEEKLY: Left Chart GBPNZD is sitting around a strong weekly resistance in green, so we will be looking for sell setups on lower timeframes. on DAILY: Right Chart GBPNZD is overall bullish trading inside the rising red channel. However, it is approaching the upper trendline. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green weekly resistance and upper daily red trendline. (acting as non-horizontal resistance) As per my trading style: As GBPNZD approaches the upper 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
4
LINK - Strong Like A Castle 🏰Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. LINK has been stuck inside a big range for a couple of months now. At least it hasn't melted like many altcoins during the bear run. 🏹 For the bulls to take over long-term , we need a break above the entire range / above 9.5 Meanwhile, since we are approaching the lower bound of the range, we will be looking for short-term buy setups. 📉 From a medium-term perspective, LINK is overall bullish trading inside the flat rising channel in red. Moreover, the orange zone 6.5 is a strong support. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the orange support and lower red trendline. (acting as non-horizontal support) As per my trading style: As LINK approaches the lower 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
8
CHFJPY - Strong Resistance - Bearish Reversal! Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart CHFJPY is sitting around a strong daily resistance, so we will be looking for sell setups on lower timeframes. on H1: Right Chart CHFJPY is formed a channel in red but it is not ready to go yet. 🏹 For the bears to take over, we need a momentum candle close below the last major low in gray. Meanwhile, until the sell is activated, CHFJPY can still trade higher and even break the resistance upward. 📚 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
3
GBPJPY - Potential Bearish Reversal ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we know that GBPJPY is approaching a strong daily resistance, so we will be looking for sell setups on lower timeframes. on H1: Right Chart GBPJPY is formed a channel in red but it is not ready to go yet. 🏹 For the bears to take over, we need a momentum candle close below the last major low in gray. Meanwhile, until the sell is activated, GBPJPY can still trade higher and even break the resistance upward. 📚 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
9
IDEA - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After an over-extended bearish movement, IDEA has been trading inside a range after rejecting the round number 0.01 We have been stuck inside the accumulation between 0.01 and 0.02 🏹 For the bulls to take over, we need a Daily Candle Close above 0.02 Meanwhile, since IDEA is inside a range and around the lower bound, we will be looking for short-term buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
15
BTCUSDT: Time for a dropHello Traders! Welcome back to another trade with analyst Aadil1000x. This is the Analysis of BTCusdt and according to the analysis, we are going to see a breakout of the trendline and after a breakout, there will be a bearish formation which will change the structure. After the change in structure, we will see continuous drops till 29K and after a nice drop, we are ready to go for the buy. Each and every wave is tradeable. Always use a stop loss. Don't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
AAL LONG American AirlinesAAL is shown here on a one hour chart with anchored VWAP bands shown. The anchoring is set for the beginning of the year. Based on the price action drawn in are support and resistance zones. When price is one or more standard deviations below the mean VWAP, the stock is undervalued and institutional buyers will set buy orders. ( Short sellers will close there position to provide shares to the buyers and take their profit off the table (When the price is one or more standard deviations above the mean VWAP, the stock is overvalued. Institutional sellers will sell their shares ( either shares at a profit or short sell ) At present price, action has retreated to the upper part of the support zone. AAL is getting to a buying point. The relative volume indicator shows huge increases in volume compared with the rolling average volume of the past 50 days. Essentially current volume is 10X that average meaning there is extreme interest in this stock and great liquidity. Fundamentally, AAL has had two prior quarters of earnings reports and the upcoming earnings could be fueling volatility and potential price surge. I see this as reversal setup for great entry for a 45-60 DTE call option at or in the money or a long swing trade targetting just below the resistance zone or one standard deviation above the VWAP.
NASDAQ:AALLong
by AwesomeAvani
EURGBP: Buy the rising wedgeHello Traders! Welcome back to another trade with analyst Aadil1000x. Today there is a nice bullish pattern in eurgbp and it's called a rising wedge pattern. This pattern is popular as a strong short pattern and that's good because when they sell we buy. It does not matter how others are doing we will make money by buying a rising wedge. Also, it's never a short pattern. Wait for a clear pattern before buying eurgbp. Don't forget to hit the like button and follow to stay connected.
Long
by Aadil1000x
GBPCHF - Bears Took Over, Now What For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCHF has been stuck inside a range in the shape of a symmetrical triangle. As per my last analysis (attached on the chart), GBPCHF was around the upper orange trendline so we were looking for sell setups. Now GBPCHF is approaching the lower trendline, so we will be looking for buy setups. Moreover, the lower orange trendline is a support zone. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of a support / lower orange trendline. As per my trading style: As GBPCHF is sitting around 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
6
GBPAUD reversal setupA very clean reversal setup here for GBPAUD we tracked this bullish move higher from last week, after fridays price action we have now seen a move out of the current range and into a new sell move. With this breakdown we can see that our order flow has shifted bearish at least for the short term, werre looking at our unmitigated supply to give us a smooth move to take price lower into a new range. now as far as entry for this trade goes il be watching the highs as they have clear trend liquid above them, so with this in mind i may look t take a trade once we sweep out this high or allow more room with the SL to make up for any possible sweeps! We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Short
by PipSurfingSociety
BITCOIN - Make Or Break Zone!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📌 on Daily: Left Chart BTC is currently bullish trading inside the red rising broadening wedge pattern. However, it is now sitting inside a strong weekly rejection zone. Here is why the 30k - 32k is a strong rejection: 1- Round number => 30,000 2- Classic Support Zone Turned Resistance 3- Weekly Supply zone 4- Intersecting with the upper red trendline acting as a non-horizontal resistance 📉 For the bulls to take over from a long-term perspective, we need a weekly break above 32,000 as mentioned in my previous post (attached below) 📌 on H1: Right Chart For now, as long as we are inside the 30k - 32k zone, the bears can take over for a correction. For the bears to take control, we need a break below the last minor low in gray which would be the neckline of a head and shoulders in the making. 📉 In this case, a movement till one of our two demand zones would be expected (highlighted on the chart) Which scenario do you think is more likely to happen 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
by TheSignalyst
25
GM General Motors Pre Earnings LONGGM is on a 4H chart. Fundamentally, the last earnings were good. GM is challenged by the adoption of electric vehicles and the transformation of its core business. Small EV companies ( CANOO, RIDE, WKHS, FFIE, MULN) are mainly undercapitalized noise. The competition is really TSLA and Ford. Earnings upcoming are April 25th Technically, the price has been trending also a support of the lower standard deviations of the anchored VWAP originating on the date of the last earnings. Recently price has moved from -2 STD VWAP band to the higher -1 STD band. Price is now sitting on the support shown by the Luxalgo indicator with the earnings report due The VWAP bands are quickly losing slope as earnings report day of April 25 approaches. the zero lag MACD has lines crossing under the zero line and the histogram has just turned positive. These serve as confirmation entry signals. I see this as entry time for an earnings play. Entry is by market order with a stop loss below the demand zone. Targets are VWAP ( purple line), the midline between the demand/supply zones, and then the final target is the +1 STD above VWAP ( downsloping stepped black line). Overall a reward for the risk of about 4X. I may opt to play this with call options striking $35.00 expiring on 5/5 and currently priced at FWB:112 per contract.
NYSE:GMLong
by AwesomeAvani