BTC NEW INCREASE VOLUMEFor the low time frame BTC showing a positive trend which can allow BTC to break soon up 72K
Trend
FLOKI is Ready To Push Higher!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 FLOKI has been overall bullish, trading within the rising wedge in orange.
Currently, FLOKI is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting strong demand zone marked in gray.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the gray demand zone and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #FLOKI 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
AUDNZD - Wait For The Next Bearish Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDNZD has been overall bearish , trading within the falling wedge in red.
Currently, AUDNZD is undergoing a correction phase and it is currently approaching the upper bound of the wedge.
Moreover, it is retesting strong supply zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green supply zone 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
MOBILE NEW INCREASE VOLUMEMOBILEUSDT has a good chance to show a new increase in volume trend in the coming time, on this reason interesting to check for confirmations.
Good chance means not a guarantee that this coin should increase since it will be interesting depending on the study.
The last week the trend was stable since BTC.
If this coin can get a confirmation, it will be updated further.
Trading is about combinations.
US DOLLAR INDEX The us dollar index opened with a gap. today the us dollar index which was closed at 104.94 opened at 105.5 with 11 point gap.
this gap may be an indication that us dollar is going to resume its upward momentum this week which it has started on last Friday.
if this momentum continues it will be a fall for xauusd.
more clear cut analysis will be posted soon .
but please post your comments which will be helpful to understand what the crowd thinks and thus understand market sentiments.
LIKE BOOST FOLLOW US
XAU/USD - Q2 Market AnalystBased on current trends and analysis, I forecast that XAU/USD will reach a new all-time high (ATH) this week at the earliest and next week at the latest. Therefore, we should consider taking a Long/Buy Action in the market. Here are the key insights:
Reversal: There was a strong rejection at the 2291 area after experiencing a strong rejection at 2393. This is a sign that the market has the potential to move upward. Additionally, this week, on May 10, 2024, the market closed above the support area.
Correction: The market will undergo a correction around the 2393 area before continuing its bullish trend, as long as there are no adverse news or situations affecting the market.
Please remember, this analysis is a personal interpretation of market trends and should not replace professional financial advice. Always conduct thorough research and consult financial experts before making investment decisions.
NIFTY IT: The Next Big SectorNIFTY IT 👩💻
Chart Looks good ✅
3 Years return: 0%
Good Bounce from a Support Zone ✅
IT sector looks good for investment and positional trades ✅
We will start small and build our capital ✔️
Some Stocks from the Sector:
HCLTECH
LTIM
DMAIL:USDT SHOWING INTERESTING BREAK VIEWwe see that the main market is in a breakdown-low time frame, but Dmail shows a possibility of a break in the coming time frames.
* This coin is known for unexpected whale increase candles. (out of TA)
Depending on our study's low time frame, there is a good chance this coin can break.
Further, the Market goes on its way, and it can first have a back trend before increasing. For this reason, always manage the risk and trade only what your plan allows( this system can be used on all coins)
We will wait first for market confirmation before following this coin further. ( as long the coin in the box there will be no active following of the coin. the interest will start only from the yellow candle.
This update is not trading advice - Coin range = HIGH RISK - HIGH reward
GOLD FORCASTThe current analysis indicates a bearish trend for XAUUSD. A retest of 2355 is expected. If it fails to hold above this level, the price is projected to decline first to 2328 and, if it stabilizes below 2328, continue to 2306. Alternatively, if it stabilizes above 2355, a bullish trend towards 2397 is anticipated. Additionally, the market is expected to be very volatile due to upcoming NFP and Unemployment news.
Key Levels:
Bullish Lines: 2355, 2397, 2412
Bearish Lines: 2328, 2306, 2281
US500, support confluence could built bullish momentumWe have a nice confluence of 1H and 4H support at S&P.
I'm entering with a long position to potentially follow to new ATHs, if the market sentiment pick up the trend again.
SPEC ( SPECTRAL) CAN ENTER NEW ALL TIME HIGH $24 SOON!Thanks for reading this update.
We expect that there is a high chance that SPEC will enter $24, since the confirmation.
SPEC is a new coin that can show unexpected targets.
We will follow this coin for new ATH.
The coin has 2,684 holders at this moment and MAX TOTAL SUPPLY
100,000,000 SPEC- top 10 whale wallets stable, and 30% is exchanges.
The same study we did before on WLD and it did increase up $9
See the previous update with day by day follow
This update will follow the same daily as the WLD update since confirmation.
This is not trading advice, manage in all time the risk 100%
Trade only or invest if your plan expects the same, otherwise, there is no reason to enter a coin like this. For us, we expect soon ATH.
The best that you can have in a coin is positions building trends. - and this coin is the first confirmed one since long time
BTC - Short-term View! Update...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈As per my last analysis, attached on the chart, BTC rejected the blue circle and traded higher.
What's next?
🏹 For the bulls to maintain control, and take over from a long-term perspective, a break above the $72,000 resistance is needed.
In parallel, if the lower blue trendline is broken downward, a bearish correction would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Short-term View!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising channel in blue.
Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a structure and trendline in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As long as the red support zone holds, 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
AUDCHF - Wait For The Next Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDCHF has been overall bullish, trading within the rising wedge in blue.
Currently, AUDCHF is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #AUDCHF 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
PYTH NEW INCREASE VOLUMEPYTHUSDT is showing a new increase in volume which could be confirmed in the next time frame.
we will follow up to see if this coin can confirm
TFEX S50 FuturesTFEX S50 Futures looking down in all 3 Trend
Primary trends
Secondary trends
Minor Trends
At the moment it is at the -2SD support level of the Volume Normal distribution and POC of Regression Trend
Now Volume Profile of last Degree move down to the bottom that might bounce.
If looking down, wait for a bounce and then open a short at the POC resistance level or wait for a reversal at the upper edge.
If you look up and don't care about the trend, open Long at the support level, set Stop Loss at Low.
However, There is a target of going down in the Range Volatile month and 3rd month
At 800 it is still the first target.
Trade with faith in your beliefs and follow your own plan.
C.Goii SuperTrader
The Mechanics Of Trading - Part XII - 6-4-24 FlagsPart XII
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
SPY Flag Apex Resolves Into Wash-Out Low - BULLISHSPY Flag Pattern resolves into a Wash-out low pattern - setting up a very big BULLISH price rally.
As long as key support near 524.70 holds, price should expand upward targeting 530-531+
Watch my other TradingVide videos to learn the Mechanics Of Trading. Everything you need to know is in PRICE.
SPEC NEW VOLUME INCRASESEPC showing a new volume trend could be confirmed in the coming time frame.
In the coming time frame, we could confirm if this coin can build new trend.
ETC - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETC has been overall bullish , trading within the rising wedge in blue.
Currently, ETC is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #ETC 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
The Mechanics Of Trading - Part X - EOD 2 Min ES RecapPart X - End Of Day 2 Min ES Recap
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
The Mechanics Of Trading - Part IX - ES Breakdown To SupportPart IX
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
The Mechanics Of Trading - Part VIII - Learning PatiencePart VIII
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
