US TECH 100 Short This is with the H4 trend
There is no pattern but it is hitting target 1 for a buy pattern
Most Indices look like they need to fall tonight
Stop loss of 100 pips
Trend
GBPJPY ANALYSISHey guys, here's my view on gbpjpy. I have a bearish bias and waiting for confirmation before taking my entry.
Do well to use good risk and when in good profit ensure to secure some and allow the trade to float to T.P
CADCHF - Trend ContinuationThis is a downtrend continuation trade I'm eyeing over on the CADCHF pair. Although the ADX is declining, I think this is a small pause before we see momentum accelerate again. Price failed to reverse to the upside and I'm timing this entry as price breaks below new lows.
TP: 75 pips (2x ADR)
SL: 30 pips
EURUSD 26/8/24Coming into this week, we maintained a very clear bullish directional bias that we identified last week in our analysis. We do not expect this bias to change suddenly. You can see in our chart that we have a straightforward idea, which is a continuation of the trend from the similar trajectory we established last week. However, if the price sells off, giving us a significant pullback within the higher time frame range, it could change the outlook. If we take out the low marked on our chart, it will indicate a higher probability of a move toward lower prices, taking us down into the higher time frame area of demand.
We’ve only marked one order block within our current range because it’s the only one available. Any other order blocks on the sell side will need to be created before we can consider them, which is why they are not included in this week’s analysis. Overall, our bias is long, and we’re looking for an interaction with either the established trajectory or the area of demand just below it. If we break down out of this range, we’ll look for lower prices, and our bias will shift to short-term bearish. However, our daily time frame still shows a clear bullish momentum, and we aim to follow this.
Trade safely, stick to your risk management, and always follow your plan.
BTC - Bullish Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading inside the rising wedge channel in brown.
Yesterday, after Jerome Powell's speech, BTC jumped above the $60,000 zone.
🏹 The highlighted blue 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 a non-horizontal support.
📚 As per my trading style:
As #BTC approaches 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
GBPUSD Short SetupWelcome to you
We have changed of character
And we made sweep
And we have strong seller
So I think the price will complete its direction
GBPUSD - Bearish Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, GBPUSD rejected the lower bound of the medium-term trendline and traded higher.
What's next?
GBPUSD is currently hovering around the upper bound of the green and orange channels.
Moreover, it is retesting a weekly major high marked in blue.
🏹 Thus, the highlighted green circle is a strong area to look for sell setups as it is the intersection of the trendlines and major high.
📚 As per my trading style:
As #GBPUSD is hovering around the 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
BTC/USDT SAME XMN DATA CAN HAVE HUGE EFFECT FOR BTCWe have seen what XMN data have done with the trend of BTC in the past, and in 2024 for the first time the same XMN data shows.
The last XMN data did affect BTC from 53K to 16K
We are not able to count BTC where its able to go, but there is a high chance for BTC fall trend.
XMN data shows sometimes in the full history of BTC, and it's not something that shows in a low time frame.
BTC can still make more fake increase trends before the trend starts.
Never go on expecting, but follow BTC's low time frame what the data now shows.
Also, it means not that it should start today.. but how the data looks something can happen coming time if the data confirms what happened before.
BTC can target over 61K, but it will stays risky.
BTC SHOWS NEW BREAKDOWN DATASince yesterday, BTC has shown a new data breakdown, and we are checking if this trend can be confirmed.
This data did show just some times since the existence of BTC, and did break down or crash every time it did target. We are now exactly at the same data, so let's see wat will happen.
Bitcoin Bull Run Continues: Why Bitcoin Could Break Through $74kThe long-term Bitcoin trend remains distinctly bullish, highlighted by a powerful breakout above the top of the average-price uptrend channel. This breakout propelled BTCUSDT to a high of $73,881, followed by a significant 33% correction. This pullback found strong support at the 50% Fibonacci retracement level, around the critical $50,000 psychological mark. This price level is pivotal for several reasons.
Firstly, it was previously a strong resistance zone that has now flipped into solid support, demonstrating a classic technical analysis principle. Secondly, this level aligns with the concept of equilibrium, based on the Smart Money Concepts indicator, demonstrating a balance between buyers and sellers at this price area. Thirdly, it's the bottom boundary of the average-price ascending channel, adding further significance to this support zone.
Moreover, the robust defense of this $50k area by buyers underscores the healthy long-term demand for Bitcoin. This combination of factors suggests that as long as BTCUSDT stays above the $50k support zone, the overall trend will remain bullish. Consequently, the likelihood of a continued price increase outweighs the possibility of a downturn.
Looking forward, we expect BTCUSDT to continue its upward trajectory, with a potential target at the previous high near $74k. If this resistance level is breached, the next target could be the 161.8% Fibonacci retracement level, corresponding to the $90k psychological price mark.
However, it’s essential to remain vigilant. A sharp break below the $50k support zone could trigger a significant decline, potentially pushing Bitcoin down to the $40k or even GETTEX:25K support areas. Traders and investors should be prepared for such a scenario, balancing their bullish outlook with prudent risk management strategies.
Ethereum Bullish to ~2900$Ethereum bullish to ~2900$ if trend range is maintained on the next few days.
EURCAD - Trading The Wedge...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCAD has been overall bullish , trading inside the rising wedge pattern in orange.
At present, EURCAD is undergoing a correction phase and it is hovering around the lower bound of the wedge.
Moreover, it is retesting a massive demand zone marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #EURCAD is hovering 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
XAUUSD 19/8/24Our gold chart this week shows that price action is moving to the upside, as we expected. We reached our high time frame target from last week, which was a new all-time high for gold. We’re now looking for price action to create significant liquidity to the upside to push for another all-time high. If a pullback occurs and price moves lower, we will begin focusing on the current trajectory, which could lead us into the highlighted areas of demand below. One area is within the lower 50% of the current short-term range, and the other is within the lower 50% of our overall swing range. If price hits these areas and pushes higher, we will, of course, look for overall longs to continue with the higher time frame trend. We expect the trend to continue with relative strength, but if a sell-off starts, we can look at the areas of supply left behind. If the current trajectory breaks, there is potential for a short-term sell-off, but we remain overall bullish on this pair. Please note that we only have one high time frame target for now, as gold is at a new all-time high.
If price begins to sell off, don’t become attached to your bias. Remember, the higher time frame is bullish. Trade safely, stick to your risk management, and follow your rules.
ICICIGIResistence converted as a support line... so its very new level have very good potencial of moving upwards.. follow the rules based trading and make money systamtically
Xauusd down trend XAU/USD is currently on a downward trend, with its price dropping from 2455 to 2434. This indicates a consistent decline in the value of gold relative to the U.S. dollar. The trend suggests that the market sentiment might be bearish, with sellers dominating the market.
USDCAD - Massive Checkpoint!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish, trading within the rising channel marked in blue.
At present, USDCAD is undergoing a correction phase and it is hovering around the lower bound of the channel.
Moreover, it is retesting a massive demand and support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDCAD is approaches 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
BTC:USDT NEW UPTREND LEVEL INTEREST 62KBTC has shown a positive increase in volume over the last few hours, which could potentially lead to an upward trend towards 62K soon.
BTC should hold 58.3 to target soon up 62K since the first volume run did start at 58.3
The main whale view is still holding BTC on the top wallets BTC.
This area has shown an important volume confirmation
[INTRADAY] #BANKNIFTY PE & CE Levels(12/08/2024)Bank Nifty Opening Outlook:
Opening: Expected to be flat.
Upside Potential:
If Bank Nifty sustains above the 50,550 level, an upside rally up to 50,950 is anticipated.
Strong resistance is expected at the 51,000 level.
Downside Potential:
If Bank Nifty starts trading below the 50,450 level, a downside move of 400-500 points is possible.
The 50,000 level will act as a support for today’s session.
AFTER THE CORRECTION BTC CAN REENTER FOR SECOND TIME 62KWe did add before about the expected correction for BTC
Like the before 62K target, in the correction, there can come a high candle recovery trend as we have seen before to gain again 62K
There is a good chance that BTC will retest the 62K level again with a new liquidity volume after this correction trend.
know that correction always enters with panic and manipulation trends.
In the zone where we are now, BTC can find new LONG liquidity also with the new coming weekly chart start.
we will follow the back trend to 62K level with updates.
the reversal does not always go directly, in more times the trend should become first stable before a new increase starts.
Follow always only your plan and risk management we are not advisors or get paid for it.
Trading is more than just a simple basic update.
THE BREAK OF NEIROETH - NEIRONEIRO/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
NEIRO has the possibility to break.
STG/USDT NEW BREAK POSSIBLITYSTG/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
There is a good chance for a break in the coming time.
Trend levels
The coin is on important break trend which means if it can get confirmed it will break.
BENDOG/USDT GOING FOR THE NEXT BREAKBENDOG/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
There is a good chance for a break, the chart shows 3the possible break, which can affect over 50%, the coming time frame we should follow for exact data.
The first focus target is
BTC/USDT RED LOW TIME FRAMEThis is a low time frame update which shows that BTC has the chance to have a correction in the coming time frame, the weekend trend.
We will follow the trend and see if these red signals are confirmed in the coming time frame.
We followed the BTC before, from a 54K to 62K trend. as this below update shows
About the side where BTC is going, we can't know, since we only follow data.
we never hope for a trend where BTC can go since we always check all 2 sides and where data shows a high chance.
our statics show that we are the best of all coins with data in BTC long term.
Knowing this is BTC there can be always manipulation in trends that can make fake liquidity before it will enter the real liquidity, we have seen before at 56650 before increasing to 62K, in a different way can always happen. make always plan..
data shows there is a chance that 70% BTC will make first a correction
