EURJPY - Potential Bearish Control 🐻Hello TradingView Family / Fellow Traders,
📈 EURJPY been overall bullish , trading inside the blue channel and it is currently approaching the upper blue trendline.
Moreover, the zone 159-160 is a robust resistance zone.
🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the intersection of the red resistance and upper blue trendline.
📚 As per my trading style:
As EURJPY approaches the blue circle zone, I will be actively searching for bearish reversal setups to capture the next bearish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Break
CHFJPY - Already Over-Bought 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉CHFJPY has been overall bullish trading inside the rising wedge in blue, and it is currently approaching around the upper bound / trendline.
Moreover, the zone 170.5 is a major previous high.
🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green major high and upper blue trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As CHFJPY approaches the blue 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 - Correction Phase Almost Done 👌Hello TradingView Family / Fellow Traders,
Based on my recent BTC analysis (attached on the chart), we anticipated the onset of a bearish correction around the upper boundary of the channel, unless there is an upward break of the last high marked in red.
📉 BTC fell short of surpassing the previous minor high and, instead, was rejected at the upper bound of the channel, leading to a subsequent decline.
📈 Currently, BTC is approaching the lower boundary of the channel. As a result, we will be on the lookout for trend-following buy setups, knowing that BTC might still test the lower red trendline before the bullish trend resumes.
📉 We will be on the lookout for buy setups unless there is a downward break of both the lower red trendline and the 40,000 level. In such a scenario, we anticipate a medium-term shift in momentum from bullish to bearish.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
AUDCHF - Top-Down Analysis 📹 From Weekly To M30Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #AUDCHF.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
AUCTION BREAK 3.0 AND VOLUME INCREASEThank you for taking the time to review our update. It's essential to emphasize that the following information is not intended as trading advice.
AUCTION (Bounce token)is currently demonstrating significant changes in trading volume.
There is good chance we will see with time ACTION BREAK TO THE TARGET.
The supply and the wallet data makes it able that this coin can have high volume in combination with the last TA.
Low time frame data with new start
We follow this coin since $10 since first volume scan.
Please approach this information with caution and conduct your own research and risk assessment before making any trading decisions.
#Nottradingadvice
#For day traders take always profits when market increase
#Expect noting from the markets, but follow what it shows.
KOREA IS COMING FOR ORBS : THE NEXT MOON COIN 2023Thank you for reading our update. Please remember that this is not advice for trading.
ORBS Looks to have A massive incoming Korean volume
It appears that ORBS is attracting significant attention from Korean volume with 93%, which could lead to substantial trading volume. This makes ORBS a potentially attractive coin to watch, especially as Korea aims to strengthen its position in the market.
It's important to note that while many altcoins tend to follow the general market trends, ORBS has the potential to defy expectations. If the Korean trading volume continues to rise, ORBS might experience an unexpected surge to $0.08, and potentially even reach $0.22.
BTC Dominance broke structure - 56% nextBTC Dominance retraced to the discount on this daily leg and broke structure to the upside before taking the sell-side-liquidity.
BTC Dominance need to retrace to the premium zone to fill the inefficiency on the weekly / monthly timeframe.
Once we see a lower timeframe confirmation around the 56% level, we can prepare for the altseason. Until then... Brace yourselves.
NZDJPY - Trend-Following Setup ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDJPY has been overall bearish trading inside the falling channel in red, and it is currently approaching around the upper trendline.
Moreover, the zone 87.5 is a strong resistance.
🏹 So the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As NZDJPY 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
VEDL-HOURLY/DAILY-AT SUPPORT LEVELSNSE:VEDL
Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level.
Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL.
SL 273-274 , Target would be as per the risk reward.
This is only for educational purpose, please manage your risk accordingly.
🔥 CLV Bullish Triangle Beak Out ComingCLV has been trading inside a bullish triangle pattern for a couple of days now. This trade assumes that CLV will break out of this consolidation pattern and make a move up. Wait for the hourly candle to close above the dotted resistance to confirm the break out pattern.
Target at 0.05, which is a recent local top. Stop under the recent low.
Lina's current statusAfter a correction to the previous accumulation area. Lina's price found support when the price stopped falling in this zone, accumulated briefly, and rallied again after breaking the downtrend line.
Currently, Lina's price has increased by ~50% since the break. There is a very large volume bar, so we can consider this as an important level for an uptrend.
New sales on EURUSDYesterday, EURUSD rose back up to the resistance zone and bounced back.
This allows us to look at new sales opportunities today.
The target remains a test of the 1.0640 bottom.
A scenario breaks down on a breakout of the previous high.
With a better ratio right now is the GBPUSD selling opportunity.
NEW IDEA for AUDNZDwaiting for either a rejection of this level or break through to the down side & retest for continuation to the down side. I see more of a long position for this pair but we never know until price fully confirms through price action. patience is always a virtue. never rush a trade! follow for more updates.
Should break and make double top Gold is in a good position to buy before big drop occurs.
I bet 1986 area can hold and the support is pretty strong ; tug-a-war with sell pressure but I know the bulls can take this and handle it there.. break the pressure and bring the buyers pressure to overcome it and should get exhausted until hit about 2060 or 2080 area for a sell off.
The Feds had confirmed that USA will have a mild recession at the end of 2023 and should expect the big drop before end of 2023 4Th Quarter or before end of 3rd Quarter of 2023.
Trade safe and watch any reversals