EURUSD - Trend-Following Buy Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURUSD has been overall bullish making higher highs and higher lows, and it is currently in a correction phase retesting the red trendline.
Moreover, it is approaching a strong demand zone 1.067
🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and red trendline acting as a non-horizontal support.
As per my trading style:
As EURUSD 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
Buy-pattern
Eur/Usd Hello traders! For my opinion this pair is BUY because price broke nekline , is in "xabcd pattern and is in "channel" .
Price has broke nekline and after breaking has confirmed the "xabcd pattern" scheme.
Target one: Buy 1.17555
Target two: Buy 1.18540
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
ANALYSIS ON EURJPYHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is currently inside the Ascending channel and has hit its support. One can go for a buy.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
EURJPY Potential Bullish MovementEURJPY Potential Bullish Movement
we are currently holding a buy (running around entry) after a momentum candle close above our purple neckline (zone)
Reason:
1- Inverse Head and Shoulders Pattern (in orange)
2- Objective Channel (in blue)
3- Support from Daily 116.5 (in purple)
4- Divergence on MACD (in red)
Ethos (BQX) VS Bitcoin Bullish PatternEthos token has reached an all-time high, hitting 90k satoshis and the correction down followed and continued within the falling wedge pattern. Price went down to 31k satoshis, which has resulted in a 65% decline over the Bitcoin.
BQX/BTC found the support at 127.2% Fibonacci retracement level applied to the November 2017 corrective wave down. After hitting the support price went up, where RSI trendline was broken. On a corrective wave down Ethos formed a double bottom and RSI trendline has been rejected, but this time acting as a support.
If the support holds, BQX/BTC should resume the uptrend. Considering the previous magnitude of the uptrend, an upside target at 110k satoshis comes to play. This is the 527.2% Fibs retracement level. At the same time, 70k and 90k resistances must be watched for either a rejection or a breakout.
ETHEREUM Long Opportunity - Only If...Hello traders! Ethereum is still a strong crypto, the second one right after the BITCOIN. The chart is very similar with the BITCOIN. At this moment ETHUSD is at the bottom of the daily channel . You need to remember that ETHUSD is in a corrective structure right now. We want to see a strong rejection from this level and a strong UP impuls, before looking for buy opportunities. We need to see how the price will break the channel for the upside. Wait for a corrective structure before you enter the trade. Be patient and wait to see how price action develops . Don't jump into the first green candle. We need a STRONG breakout of this structure to confirm the long opportunity. Follow me for future updates. TRADE WITH NO EMOTIONS!
USDJPY Long Opportunity!Hello traders! At this moment USDJPY had a strong rejection from the bottom of the daily channel - 106 level. You need to remember that USDJPY is in a corrective structure right now. The correction is not over yet. Short term target will be inside the channel. We need to see how the price will behave inside this structure . If the price will not rise aggressively up to the top of the daily channel - blue dotted line, then it's possible another down move. Be patient and wait to see how price action develops . Don't jump into the first green candle. We need a STRONG breakout of this structure to confirm the long opportunity. Follow me for future updates. TRADE WITH NO EMOTIONS!