KNC - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KNC is overall bullish trading inside our red channel , so as mentioned in my previous video idea (highlighted on the chart), we will be waiting for KNC to approach the lower red trendline to look for buy setups.
Now KNC is approaching the lower red trendline but we will not buy blindly. We always wait for the bulls to take over first.
KNC is forming a channel in orange.
Trigger => waiting for a third swing to form around the upper orange trendline to consider it valid and then buy after a momentum candle close above it. (projection in purple)
Meanwhile, until the buy is activated, KNC would be overall bearish can still trade lower inside the gray zone before trading higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Continuation
USDJPY SHORTLooking at the bigger picture, USDJPY is in a downtrend for now and has been creating Lower Lows and Lower highs.
The downward move should likely start anytime to continue further down breaking the Higher time frame Lower Low to create a new one. Come UsdJpy, show us what you got. I have made my Sell entries. Catch you on the flip side.
CADJPY Potential Bullish Continuation!Hello Traders,
In Today's trading session we will be monitoring CADJPY for a Buying opportunity in and around 105.3 demand area. Once we get a Bullish confirmation the trade will be executed and shared with our premium subscribers.
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TSLA LONG ( Cup & Handle)NASDAQ:TSLA
TSLA on the 4H Chart printed the handle /retracement to the Fib 38.2
and is now either in the early reverse or simply trending within the
downward parallel channel. It is perhaps a good sign that
TSLA was relatively strong on a weak day in the overall market
NASDAQ:TSLA
TSLA LONG Cup and Handle Bullish ContinuationOn the daily chart, TSLA has formed a cup and handle beginning about May 5th, the prior
reported earnings, The cup portion completed with the recent earning about August 5th
while the handle is completed this week.
The cup is about $280 in height/depth while the time duration is about 90-95 days in
duration. This predicts a bullish continuation from the current market price of about the same
value making a target of $1190 before the next earnings in 80 days. Making
for a 30 % ROI over the same time. ( The uptrend and downtrend of the cups are
supported by relative volume as seen on the indicator.)
For a better understanding of the cup and handle pattern, see this excellent explanation
and discussion by GMEvsSPY
(link by permission)
THETA High Probability Continuation Trade 👇Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Looking to swing trade #THETA down into our 4Hr Whale Block here. Happy to be following LTF trend with a pullback into Discount Pricing.
Method of Entry will follow our Retail Whale Trading Plan
-Whale Block Mitigation
-LTF BOS
-Strong RSI Divergence
-Entry on a HA Shaved Candle
Its always the same, following the plan
1:4 R:R
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
$ISV - Breakout play for +10 to 30% Technical Analysis (TA)
The monthly and weekly was oversold and price pushed higher with significant momentum after a consolidation phase.
Retracement to $25 is expected However, the push to $30 would require catalysts to increase momentum.
We could hit $25 and then come back down or go through another consolidation phase before further upside to $30.
Price Target
Entry: $22-$23
Target 1: $25
Target 2: $30
LYFT continuing a BreakoutLYFT beat earnings by 4X this past week and so brokeout.
On the cloud indicator, the conversion line has diverged above
the baseline.
LYFT could be watched for breakout continuation.
The Awesome Oscillator and VWAP Oscillators validate the breakout,
Added to watchlist for Monday, Aug 8th
Plan to check UBER. NASDAQ:LYFT
BTC - Dear August, Be Good! ETH Analysis insideHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last picture idea, we have been waiting for BTC to test the gray zone and lower red trendline to look for trend-following buy setups.
BTC is already around the gray zone , and yes, as per the current market conditions, a movement till the 28k-30k resistance / supply zone is still expected.
Now What? As usual, as per my trading style, I will be waiting for the bulls to take over by breaking above the last high highlighted in orange.
Meanwhile, the bears can still kick in and break the channel downward, in this case we will be expecting a short-term bearish movement because the last major low (as highlighted on the chart) wouldn't be broken yet.
Regarding ETH:
Price broke the purple pennant downward, and as mentioned in this case, we will be looking for buy setups around the lower red trendline.
ETH rejected our red trendline and traded higher . for the bulls to take over again, we need a break above the last major high in blue.
Meanwhile, just like BTC, if the bears break below the trendline, then the first support would be around the 1500 zone.
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
$ITV - Continuation swing with +10% to +40% upsideTechnical Analysis
Price bottomed out 3 weeks ago and the RSI + William %R
Price broke out the daily channel last week and has been consolidating above the 1D 50EMA. There is a good zone to buy before a further push above 76 and potentially 90
Price Target
Entry: 71-73
Target 1: 76 (+5%)
Target 2: 88 (+20%)
Analyst Targets: 101 (+40%
Financial Metrics
High quality as shown by the financial metrics. Undervalued with high upside/growth potential.
AUDJPY Correction and More Downside!Welcome back! Let me know your thoughts in the comments!
**AUDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
$MSFT - Weekly support and continuationTechnical Analysis (TA)
Monthly oversold and Williams %R showing signs of a reversal.
Weekly MA's resistantce broken and held key 100MA as support. Needs to break Monthly 10EMA to show upside momentum.
Price Target
Entry : $281
Price Target 1: $315
Price target 2: $350
Fundamental Analysis (FA)
Strong Quality Screen and metrics.
EURUSD - My Trading Plan in a video!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURUSD.
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
AUDCHF CONTINUATION TRADEPair: AUDCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support + resistance, pennant pattern, ascending triangle, Fibonacci
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Key Takeaway:Need a bounce off of these key levels
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Level needed: Need to see price hit 0.66380
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Trade: Long
RISK:REWARD —
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
DXY falling wedgeDXY appears to be in a long term falling wedge. Recently, it's had a steep uptick, which indicates a pullback, but it did successfully break up out of the wedge, and will most likely rebound and continue upwards (the dollar will become more valuable relative to other currencies).
This will take two years to play out, in my opinion. Most likely just after the next presidential election.
Bullish, but a long term pattern