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EURJPY - Following The Bulls ↗️Hello TradingView Family / Fellow Traders, 📈 EURJPY has been overall bullish, trading inside the rising channel in blue and it is currently approaching the lower blue trendline. Moreover, the zone 150.0 is a robust round number and demand zone. 🎯 Therefore, the highlighted blue circle represents a significant area to consider for potential buy setups , as it marks the intersection of the green demand and lower blue trendline. 📚 As per my trading style: As EURJPY approaches the blue circle zone, I will be actively searching for bullish reversal setups to capture the next bullish 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
Long
by TheSignalyst
1
USDCHF - Trend-Following Sell Setup ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting a weekly resistance, USDCHF has been overall bearish trading inside the falling broadening wedge pattern in red, and it is currently approaching around the upper trendline. Moreover, the zone 0.904 is a resistance zone. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline. As per my trading style: As USDCHF approaches the purple 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
by TheSignalyst
3
BTC Breakout or another Fakeout - This is the day we find outBitcoin has been volatile and without clear direction since falling from its local high of 13800~. Anyone who has paid attention lately is aware that BTC has formed a steady upward-trending support, and has been rising throughout the last week on low, but steadily increasing, daily volume. The bulls might have pierced this channel briefly, but they failed to hold it for a whole day. Now, according to the above chart, our current trending support will intersect with the resistance that has kept BTC subdued for over a month. This will give traders no choice but to send the price up, where it will challenge this year’s high and perhaps go further, or back down, dragging on this period of consolidation for a few more weeks at least. These trends intersect on August 10, although we could possibly discover the direction sooner. Others have made the following point, and I believe it will hold water: if we close above 12K on August 10, that’s a green light for a new rally. My take: this week resembles the setup for a bullish breakout more so than a fake out. Consider the following: 1: Volume is subdued, but rising gradually. 2: The MACD on the 1D chart has flipped green recently, historically a sign that the correction is over. 3: The daily gains recently have been very consistent, apart from the recent pullback from above 12k. That’s normal when BTC moves up while fighting strong resistance. Tell me what you think, if you disagree, or if you think i’m an imbecile below.
BITFINEX:BTCUSDLong
by Yorvos
Eur/Gbp had a perfect entry for shortI posted exact entry on this sell last night, just not on tradingview. You see the .618 fib level that it just found support at. That's the level I would like to see it break. I believe there is huge potential downside on this to break the low. Right now on 1 and 4hr it looks like it might pull up. It is right now. If you bought it (I'm not), you may get lucky and go up to break the high, but I'm looking for that next downside move. Hoping for a flag and a break of that level. We'll see. I marked the major levels to watch for you.
by thillygoosth
NOKIA GRAPH ANALYSIS (trying new techn) - Multi path predictions*Note - this is my first graph of not using chart patterns but just trying to fit stuff together to predict. Please take the prediction with a grain of salt. The marked intersection point seems like the most likely point for a breakout with multiple conversions. Looking at the different paths, it should be possible to predict the future direction! Again, feedback would be awesome this is legit just a random graph I made.
OMXHEX:NOKIA
by rylest370
Bitcoin Long and short trend convergence indicatorThe long trend lines and short term lines intersect at the same approximate point indicating a bottom buying opportunity. Enhanced by RSI data, this convergence puts us at a hypothetical bottom and will allow for short or long term gains. If I had it, I would buy in at this convergence and look for 30-40% sell opportunities. If RSI data does not support the convergence, re-evaluation will be needed and long term lines redrawn. Data points to an upturn and a possible bull run to at least $10K
BITFINEX:BTCUSD
by jjhotfingers