We Want Our Safe Haven Back! Up!🥇Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
For those who know me well, know that I am a big fan of Gold, not as a long-term investment like I approach stocks and crypto, but as a backup plan if things go sideways.
By Gold, I mean physical, tangible Gold🥇. I regularly purchase an ounce every couple of months, depends on my budget, and stack it somewhere safe.
I learnt this habit from an Armenian friend. Shoutout to Armenians, you know exactly what I am talking about.
Now let's get back to the charts 😁
As per my last two analysis, we have looking for buy setups as Gold was approaching a support zone 1675 - 1700
Gold rejected our support zone and ended up closing bullish for the week.
But the question is... are you finally bullish?
Not Yet❗️
For the bulls to take over from a long-term perspective, and as per my trading plan / style, we still need a new major high to form.
and then, a break above:
i- this new major high (projection in purple)
ii- 1750 - 1760 zone
iii- upper orange trendline
then, we will be expecting a shift in momentum from bearish to bullish📈.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Index-dxy
JPM - Strong Support Ahead!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
JPM is overall bullish trading inside our brown rising broadening wedge and it is currently approaching a demand zone and round number 100.0
Moreover, the lower brown trendline act as non-horizontal support.
Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of:
1- Green Demand Zone
2- Brown Trendline
3- Round Number 100.0
As per my trading style:
As JPM approaches the purple circle, I will be looking for reversal bullish 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
How To Analyze Any Chart From Scratch - Episode 4Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today we are going to go over a practical example on US100, but you can apply the same logic / strategy on any instrument.
Feel free to ask questions or request any instrument for the next episode.
You can find the previous two episodes below "Related Ideas"
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
All Eyes On US500 - Detailed Video!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for US500.
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
☑️US30: downward impulse➡️ The downward impulse on the index continues within the balance of 34160 - 34867 . The approach to 34160 is very likely to continue and end very soon. You can open the next sales from the current ones, if this has not been done before.
In general, the sell priority for the index is maintained. At support 34160 , we should expect at least some activity from buyers, but so far, sellers are likely to break down this support.
🔥 S&P500 & US30 & NAS100 Forecast Results 🔥
☑️S&P500: buy priority 👉 +124 points ✅:
☑️US30: stick to the short 👉 +305 points ✅:
☑️NAS100: trade within the range 👉 +272 points ✅:
➖➖➖➖➖➖➖
👍 Thanks for your comments and likes 👍
👇🔥 LINKS TO PREVIOUS IDEAS AND FORECAST S🔥👇
DOLLAR INDEX Will Keep Growing! Buy!
Hello,Traders!
DXY was trading in a range
But now we are seeing a bullish breakout
Just as I predicted in my previous analysis
Thus confirming our bullish bias
So I think that after a potential pullback
We will see bullish continuation
Towards the target above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
DOLLAR INDEX Wait For Breakout! Buy!
Hello,Traders!
DOLLAR INDEX is trading in an uptrend
And the pair is currently struck in a nice range
So IF we see a bullish brekaout
Then a bullish continuation will follow
WIth the target of retestinga supply level above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
DOLLAR INDEX Will Keep Growing! Buy!
Hello,Traders!
DXY is trading in an uptrend
Ans the index is now retesting a long term rising support
Which makes me bullish and I think
That we will see a bullish rebound
And a move down
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
DXY D1 - Long SetupDXY D1
As we mentioned DXY support holding nicely from the daily correction we saw over the last few weeks. We are expecting a bullish dollar throughout the week based on recent economic events and projections.
96.500 resistance is our next target, this ties in with yearly highs (2021) and also our daily resistance, which I expect us to break over the next 4 weeks or so.
DXY - The fall of USD?? Now this may be hard to grasp in, but the technicals don't lie...
USD index has tested the support line of the upward channel, unfortunately the support wasn't capable of holding the price to it's intended direction.
The dollar index has been strong since last early, respecting the formations of higher highs and higher lows.
Seems like the bears are taking control of the market.
DXY D1 - Short SetupDXY D1
Expecting a bearish dollar this week is we can break below this 95.500 price, if we can manage this, we will have set a new low following the consolidation breakout low, therefore continuing this LLLH sequence, we should be well on for seeing our 94.500 retest price.
We have been following this for quite some time now and the move we are expecting still has yet to present itself, but we have still managed to bank nicely from cable/GBPUSD longs
US500 - Purple War Zone!US500 is overall bullish trading inside our brown channel and now approaching the lower brown trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups.
Moreover, the 4K - 4.5K is a strong round number currently acting as support.
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower brown and red trendlines.
As per my trading style:
I will be waiting for US500 to approach the highlighted purple circle area to look for buy setups (like a double bottom, 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
DXY
What's up guys !
I'm looking for sell setups around this major daily resistance zone ,Price has been in an uptrend when looking at it from the daily timeframe
It seems to respect the trendline and forms an ascending triangle
It later breaks the triangle and I'm looking for the break of the major swing low around the demand zone as price retest the newly formed resistance as I setup for a potential sell , what do you guys feel ?
US500 - Trend-Following Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
As per my previous idea (attached below), US500 is overall bullish and we will be waiting for the price to approach our lower brown trendline and demand zone to look for buy setups.
on M30: US500 is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, US500 would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
US500 - Purple War Zone!US500 is overall bullish trading inside our brown channel so we will be looking for Trend-Following Buy setups as it approaches the lower brown trendline.
Moreover, the green zone is a strong demand zone.
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower brown trendline.
As per my trading style:
I will be waiting for it to approach the highlighted purple circle area to look for buy setups (like a double bottom , trendline break , and so on...)
And we would be overall bullish unless the sellers manage to break below the green zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
JP225 - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
JP225 is sitting around a strong round number 30k so we will be looking for sell setups on lower timeframes.
on M30: JP225 formed like a double top pattern but it is not ready to go yet. We want the sellers to take over by breaking below the last low.
Trigger => Waiting for a momentum candle below the gray area to sell.
Until the sell is activated, JP225 would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USD Index Bearish Outlook Price Action Analysis
Hi everyone:
As we can see the current EURUSD price action is pushing to the upside, manage to still hold onto the 2 positions I have.
We know DXY will have inverse price action like EURUSD, so lets take a closer look now.
After the strong bearish move down on the higher time frame, price naturally needs to correct for a period of time if we are going to see further downside from the price.
We can see price started to form the higher time frame flag/channel correction, correcting within.
Latest price is started to give us more positive confluence for a bearish outlook. There is a clear few swing highs and lows of the price, with a double tops.
On the lower time frame price once again formed an ascending channel reversal, reverse down from the double tops, and top of the HTF structure.
We then see a clear bearish impulse pushed down, and continuation correction was form on the lower time frame.
Be on the look out for further downside price action next few days to push the price down to the lows.
thank you