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Priceaction-signal

GBPNZD - Marco Trend Still Up!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPNZD has been overall bullish from a macro perspective trading within the rising channels in blue and orange. Moreover, the green zone is a strong support, structure and demand. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower orange/blue trendlines acting non-horizontal support. 📚 As per my trading style: As #GBPNZD 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 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
BTC - Bulls Charging... However!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per our last analysis (attached on the chart), BTC rejected the blue trendline support and has been bullish in the medium term. 📈 However, the overall sentiment remains bearish, as BTC is still trading within the falling channel marked in red. 📉 For the bulls to take over long term and initiate the next impulsive wave, a break above the $91,000 major high in blue is needed. 🔵 Meanwhile, BTC may still retest the blue trendline — where we’ll be looking for new short-term longs. 🎯 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
8
JPY/USD Technical Analysis – Bullish Breakout from Falling WedgeIntroduction The JPY/USD chart showcases a classic falling wedge pattern, a strong bullish reversal signal. This pattern is characterized by converging downward-sloping trendlines, indicating a weakening bearish momentum. Eventually, buyers stepped in, leading to a breakout to the upside. This analysis breaks down key elements, including support and resistance zones, trendlines, trading strategy, and risk management. 1. Breakdown of the Chart Pattern A. The Falling Wedge Formation (Bullish Reversal Pattern) A falling wedge is a bullish technical pattern that forms when the price consolidates within two downward-sloping trendlines that converge over time. This signals that selling pressure is decreasing and a reversal may be near. Downtrend Structure: The price was previously in a consistent downtrend, making lower highs and lower lows, which formed the wedge. Breakout Confirmation: Once the price broke above the upper trendline, the pattern was confirmed, indicating the start of a bullish move. Retest Possibility: Often, after a breakout, the price retests the upper trendline before continuing higher. If it holds, it strengthens the bullish outlook. B. Key Levels Identified in the Chart 1. Support Zone (Buying Area) The price found strong support in the 0.006291 – 0.006500 region. Buyers stepped in, preventing the price from dropping further. This support level coincides with the bottom of the wedge, further validating its importance. 2. Resistance Zone (Profit Target) The 0.007100 – 0.007200 area is a major resistance level where sellers have previously dominated. If the price reaches this level and consolidates, traders will look for either a breakout or a rejection. A break above 0.007200 would indicate further bullish continuation. 3. Trendlines & Curve Formation A curved trendline in the chart suggests a gradual transition from bearish to bullish momentum. The dotted ascending trendline now acts as dynamic support, helping the price sustain its bullish move. 2. Trading Strategy & Risk Management A. Entry Strategies Traders have two primary ways to enter this trade: Aggressive Entry: Enter immediately after the breakout of the wedge. Higher risk but captures early momentum. Conservative Entry: Wait for a pullback to the trendline before entering. Lower risk as it confirms trend continuation. B. Take Profit Targets Primary Target: 0.007117 (Resistance level from previous highs). Extended Target: 0.007200 (Next significant resistance). C. Stop Loss Placement Below the recent swing low at 0.006291 to protect against false breakouts. Ensures a favorable risk-to-reward ratio. 3. Market Sentiment & Confirmation Signals ✅ Bullish Confirmation Breakout from the falling wedge Price holding above the trendline Higher highs and higher lows formation Increased buying volume ⚠️ Bearish Risks & Invalidations A break below the trendline would indicate weak momentum. If the price fails to hold support, it could reverse downward. Low volume on the breakout could signal a fake breakout. 4. Final Thoughts This setup provides a high-probability trading opportunity following the breakout from a falling wedge pattern. The risk-to-reward ratio is favorable, making it an ideal setup for trend-following traders. However, patience is key—waiting for a successful retest before entering can minimize risks. If the price maintains momentum, we could see a rally toward the 0.007100 – 0.007200 resistance zone in the coming weeks. 🚀
Long
by GoldMasterTrades
COMP - Shift in Momentum in Action!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🔹 COMP has been overall bearish trading within the falling channel in red. However , it is currently rejecting a strong weekly support at $35 - $40. Moreover, it is clear that the bears are exhausted as the bearish impulse phases are getting more flat. 📈 For the bulls to take over, and shift the momentum in their favor, a break above both trendlines and $50 round number is needed. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
2
XAUUSD - Bearish Quasimodo Pattern Triggered Gold (XAU/USD) has formed a classic Quasimodo pattern on the 1H timeframe, signaling a potential bearish reversal after a strong uptrend. 🔍 Pattern Breakdown: The structure resembles a Head & Shoulders, with a more complex formation known as the Quasimodo Pattern. We see a clear Left Shoulder, Head, and Right Shoulder, followed by a breakdown below the neckline. A successful retest of the neckline as resistance confirms the bearish momentum. 🎯 Target Zone: Based on the height of the pattern, the projected target lies in the 2960–2970 region, aligning with a previous demand zone. The expected drop is approximately -2.10%, matching the prior rally before the reversal pattern. 📌 Key Levels: Breakdown Level: ~3030 Current Price: ~3024 Target: ~2960–2970 ⚠️ Watch for: Bearish follow-through after the retest. Potential reaction in the highlighted target zone (yellow box). This setup provides a great opportunity for short sellers if momentum continues to the downside. Risk management is key as always!
OANDA:XAUUSDShort
by ForexOptimizer
EURJPY - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉EURJPY has been overall bearish trading within the falling wedge pattern marked in red. Since it is retesting the upper bound of the wedge, I will be looking for trend-following sell setups on lower timeframes. For now, we wait!⏱️ 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TheSignalyst
2
Get Her ROSE for Just 4 Cents This Valentine!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🌹Instead of spending tens of bucks on a few roses this Valentine’s Day, get her hundreds of ROSE tokens—she'll thank you later! 📈ROSE has been overall bearish trading within the falling blue channel and it is currently approaching the lower bound of the channel. Moreover, the $0.03 - $0.05 zone is a strong support. 🏹 Thus, the highlighted blue arrow zone is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #ROSE approaches the intersection 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
Long
by TheSignalyst
5
ETH Building Blocks...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH Building Blocks: 📈 Short-Term Bullish: ETH is currently trading within a short-term bullish block. 📈 Long-Term Bullish: If the $3,500 resistance level is broken to the upside, ETH is expected to enter a long-term bullish block, initiating a new bullish phase toward the $4,000 mark. 📉 Short-Term Bearish: If ETH breaks below the short-term bullish block at $3,250, it will enter a short-term bearish block phase. 📉 Long-Term Bearish: If the $3,000 level is broken to the downside, a long-term bearish movement toward the lower bound of the long-term bearish block, around the $2,500 mark, is expected. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
28
XRP - Roadmap to $3Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📦XRP has been trading within a large range, bounded by two round numbers, $2 and $3, forming a symmetrical triangle. Last week, after rejecting the lower boundary of the triangle, XRP turned bullish in the short term. For the bulls to maintain control and regain the long-term trend, a breakout above the red trendline and the green structure is required. Such a breakout would target $3 as the initial objective. 🎯 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
18
$BTC Dropped Down again and LONG Setup for $105K Price level ✨ BINANCE:BTCUSDT Dropped Down again and LONG Setup for $105K Price level area see on chart... MicroStrategy's Saylor Pitches $600 Million Bitcoin Buy to Jeff Bezos, Coming, SHIB Burns Jump 936%:Crypto News Digest by U.Today. Bitcoin Santa rally' buyers step in to drive BTC price to FWB:98K and Bitcoin (BTC) passed $98,000 after the Dec. 24 Wall Street open as "large spot buyers" lifted deflated BTC price action.The latest data from monitoring resource CoinGlass put 24-hour BTC short liquidations at nearly $40 million at the time of writing, with the cross-crypto total at $150 million. "Nice strength in bitcoin today," fellow analytics account Bitcoindata21 continued alongside a chart showing necessary volume-weight average price (VWAP) levels to reclaim next. Santa rally talk returns as BTC price gains $5,000 Data from Cointelegraph Markets Pro and TradingView showed BTCUSD hitting new local highs of $98,020 on Bitstamp. Up by more than 3% on the day, Bitcoin attracted fresh bids after a shaky start to the week saw a retest of December lows. "Yesterday, Bitcoin showed some signs of a relief rally after which price was rejected to almost new lows. Today, Bitcoin is rebounding yet again and once again into the old support," he wrote. "Overall, as long as the previously lost supports turn into new resistance additional downside should be expected. Conversely, a reclaim of these previously lost supports would obviously be bullish." Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
Long
by SUBROOFFICIAL
TSLA - Get Ready To Long Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈TSLA has been trading within a big symmetrical triangle marked in blue. Moreover, it is retesting a strong support zone around $200 round number marked in green. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline. 📚 As per my trading style: As #TSLA 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
NASDAQ:TSLALong
by TheSignalyst
2
BTC - Bearish Pressure Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per our latest analysis, BTC has rejected the $50,000 - $52,000 support zone and has been trading higher since then. However... BTC is currently approaching the upper bound of the red channel. Thus, for the bulls to remain in control, a break above the upper red trendline is needed. In this case, a movement towards the $70,000 resistance would be expected. Meanwhile, BTC would be bearish medium-term and can still reject the red trendline for one more leg down. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
1
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange. Currently, LINK is hovering around a strong structure, support and round number $10. 🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
GBPUSD - Bearish Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per my last analysis, GBPUSD rejected the lower bound of the medium-term trendline and traded higher. What's next? GBPUSD is currently hovering around the upper bound of the green and orange channels. Moreover, it is retesting a weekly major high marked in blue. 🏹 Thus, the highlighted green circle is a strong area to look for sell setups as it is the intersection of the trendlines and major high. 📚 As per my trading style: As #GBPUSD is hovering around the 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
Short
by TheSignalyst
3
AUDCHF - Trading The Box 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCHF has been overall bullish, trading within the rising channel in red. Currently, AUDCHF is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 0.585 marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline. 📚 As per my trading style: As #AUDCHF 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
by TheSignalyst
1
USDCHF - Wait For The Bears 🐻Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart USDCHF has been trading within a defined range and is presently showing resistance. Consequently, we will be focusing on identifying sell setups on lower timeframes. on H1: Right Chart For bearish momentum to prevail and trigger our sell setup, a break below the recently highlighted grayed low is necessary. Meanwhile, USDCHF would be bullish and can still trade higher to test the weekly resistance again. In this case we will be looking for new sell setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
1
GBPCHF - Looking For Sell Setups ⬇️ Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCHF is stuck inside a range in the shape of a symmetrical triangle so we have been trading the range as per my last three analysis (attached on the chart) Now GBPCHF is sitting around the upper trendline again, so we will be looking for sell setups. Moreover, the blue zone is a strong supply 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 orange trendline. (acting as non-horizontal resistance) As per my trading style: As GBPCHF is sitting around 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