GBP/USD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
The BB upper band is nearby so GBP-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.301.
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Bearish Patterns
EUR/USD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Bearish trend on EUR/USD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.103.
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EUR/AUD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Bearish trend on EUR/AUD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.768.
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GU Bear Flag Confirmed, Break & Retest Set-UpHere on the 1Hr Chart FX:GBPUSD has formed what seems to be a Continuation Pattern, the Bear Flag!
Now, with Price in a decline prior to entering the Consolidation Phase of the Pattern, this suggests that Price will continue further down if this Break is Validated and a Retest is Successful!
We will want to see:
1) Strong Breaking Candle that is followed by Accumulation of Bearish Volume!!
2) 10 - 20% of the Range, Past the Break
3) 3 - 5 Closing Candles, Outside of Break, Before Retest
This is considered the True or False Formula to determine if its a True Breakout or False Breakout.
RSI is Below the 50 in Bearish Territory with room to stretch Oversold strengthening the Bearish bias.
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.60000 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.60000 support and resistance area.
Trade safe, Joe.
NVDIA Death Cross Quant Perspectives (Light Case Study)NASDAQ: Nvidia (NVDA ) has recently experienced an uptrend after a death cross formed consisting of the 65 and 200 EMAs on the 1 Day chart.
If we analyze back on Nvidia starting in 1999 , we can count a total of 10 death crosses that have occurred, and 9 have been immediately followed by downtrends. Although a single death cross did not have an immediate downtrend, shortly after this event (approx. 282 days) another death cross formed and price then fell roughly twice as it historically has , almost appearing to make up for the missed signal.
From a quantitative perspective:
If we calculate the raw historical success rate using:
Raw Success Rate = 9/10 = 90
With this calculation the observed success of 65/200 EMA death crosses correlating to an immediate downtrend is 90%
In order to avoid overconfidence we can apply Laplace smoothing using:
Smoothed Probability = 9+1/10+2 = 10/12 or 0.8333
With this calculation the observed success of 65/200 EMA death crosses correlating to an immediate downtrend is 83%
Given the results of the data I personally feel that there is a Very High (83%) chance this death cross that recently formed on the 1 Day chart (around 04/16/2025) will immediately lead to a downtrend. And a Low (17%) chance it does not. Furthermore these results support a technical analysis hypothesis that I formed prior.
Many different systemic factors can contribute to the market movement, but mathematics sometimes leave subtle clues. Will the market become bearish? Or will Nvidia gain renewed bullish interest?
Disclaimer: Not Financial Advice.
AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
AUD/CHF is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 0.510.
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GBPCHF - Bull No More!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈From a medium-term perspective, GBPCHF has been bullish trading within the rising channel marked in blue.
This week, GBPCHF has been approaching the upper bound of its channel.
Moreover, the red zone around $1.115 is a strong support turned resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance.
📚 As per my trading style:
As #GBPCHF 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
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BITCOIN BEARS ARE STRONG HERE|SHORT
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 95,374.46
Target Level: 87,760.19
Stop Loss: 100,463.39
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
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NZD/CHF SHORT FROM RESISTANCE
Hello, Friends!
NZD/CHF pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.475 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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AUD/NZD BEARS WILL DOMINATE THE MARKET|SHORT
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AUD/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.070 area.
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CAD/CHF BEARS ARE GAINING STRENGTH|SHORT
CAD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.598
Target Level: 0.577
Stop Loss: 0.611
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 12h
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NZD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the NZD/CAD with the target of 0.812 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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AUD/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are now examining the AUD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.879 level.
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NASDAQ Potential DownsidesHey Traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 19,400 zone, NASDAQ is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 19400 support and resistance area.
Trade safe, Joe.
BITCOIN BEST PLACE TO SELL FROM|SHORT
BITCOIN SIGNAL
Trade Direction: short
Entry Level: 92,665.30
Target Level: 86,001.16
Stop Loss: 97,096.62
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZD/JPY SHORT FROM RESISTANCE
Hello, Friends!
The BB upper band is nearby so NZD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 83.709.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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CAD/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the CAD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 101.200.
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Daily BTC OverviewThe daily chart in its simplest form can be broken down into this range. Since President Trumps inauguration, BTC has declined from a range high of $108,000 back to the lows of $74,500 closing the FVG caused by the US election rally. After a double bottom Bitcoin mean reverted back to the range midpoint which to me is the most important area on the entire chart because it decides if the bull run can continue or if it dies.
I like to keep a close eye on the 200 EMA on multiple timeframes but the 1D is important to gauge the momentum of the move. As the US election results came in a massive push away from this moving average causes the level to steepen in its climb showing strength. Since BTC spent quite some time in the top half of the range the 1D 200 EMA flattens out signaling a loss of momentum, once this level does become flat it no longer provides support. For a bullish cycle to be just that ideally the corrective moves do not spend too much time below this level before expanding above and beyond it once again starting the next leg of the move. A persistent move down below causes a rollover and the cycle looks to be over with a bear market beginning.
Bullish scenario - The correction is over and BTC consistently posts HH's & HLs bringing the 1D 200 EMA up with price and continues the previous bullish trend. I would want to see the retest of the midpoint be successful and then move to reclaim the next local high before targeting range high. The bull market correction looks to be over and bullish continuation resumes.
Bearish scenario - This move is nothing more than a LH, BTC wicks the supply above midpoint, swing fails back under and continues to make LH's & LL's back down to range low where the 1D 200EMA will have now rolled over providing more of a resistance level. The bear market looks to have begun.
I am not here to make a call on where BTC is going next as I do not have that answer, but I do have to plan for each eventuality and that is what I have done here from a TA pint of view. Now it is entirely possible that Geo-political news or an exchange hack etc throws TA out of the window and I have to rethink the plan but in a strictly chart structure perspective this is how I see it.
The indicator "TRADING ENVIRONMENT+V1.0" used in the Idea post is now publicly available for use, give it a try and leave your thoughts and suggestions on the post, thank you.
EURUSD Bearish Price is likely to return to a strong rejection area, which is significant due to the presence of both an Order Block (OB) and a Breaker Block. This confluence makes it a key supply zone. Additionally, this area may potentially form the right shoulder of a developing Head and Shoulders pattern, suggesting a possible bearish reversal from that zone."
TOTAL2 / BTC - Majority of Alts Look BearishDon't shoot the messenger, but the MAJORITY of your Alts need to NUKE ~25% before Alt Season 🫨
This lines up with prior cycle support before Alt Season blastoff.
First step is to reclaim the EMA9, which they have failed to against BTC.
The lack of buying Volume supports this thesis for the trend to continue downwards.
GBPJPY Potential DownsidesHey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 189.100 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 189.100 support and resistance area.
Trade safe, Joe.