Range
XAUUSD +30R Huge profit our analyticsHello traders
Today we reaped a huge profit as I mentioned in the analysis of gold. We are waiting for the opportunity to buy from the order area if we get confirmation. In fact, we got a strong confirmation on the 5-minute time frame, and the trade is making +30 R
Congratulations to us and everyone who benefited from our analysis
previous analysis:
Are you ready for the CPI?Are you ready for the CPI?
Forecast 7.3% - If it comes lower, it's good result you may get SPX climb higher. However think about how low it comes in or does it come in line or do we get opposite and comes out higher or in-line.
Don't forget we have CPI today but we have FOMC tomorrow. I am going to be trading the two events separate taking my CPI trades off with a clean look for FOMC tomorrow as Powell could be Hawkish or Dovish - who knows?
Don't forget to trade your own plan to become a consistent trader.
Enjoy,
Trade Journal
EURAUD - another bullish impulseHello traders! EURAUD has just created a slow correction after its last impulse, now printing a green and aggressive candle which can indicate another strong impulse to the upside. For the last weeks, the pair moved on a range, and now it finally managed to break it. EMAs are cut for long, and so does MACD, indicating a bullish environment, and the technical indicators are also suggesting a strong buy.
SOL - 10 or 20 - Which One First?Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
SOL has been stuck inside a range between 13 and 15
For the bulls to take over , we need a break above 15.0
For the bears to take over, we need a break below 13.0
PS: By Break, I mean a momentum H4 candle close.
Meanwhile, until the bulls or bears take over, we will be trading the range on lower timeframes.
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
12/12/22 Weekly outlook Last weeks high: $17425
Last weeks low: $16668.5
Midpoint: $17047
BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts.
I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the midpoint before any significant move for the bulls or the bears.
$NZD - Trade idea!$NZD - Trade idea!
Another day, another great opportunity for us traders to take advantage of. Don't forget to have patience...
What a clean set up! Clear levels in a break to either direction - add alerts in, add orders in - whatever suits your own trade plan!
Enjoy,
Trade Journal
$ETH - What now?$ETH - What now?
Honestly, the answer is nothing. I haven't traded or even bothered with crypto overall for months. I actually have preferred the classic gold and silver. There is nothing exciting going on and if I get in crypto it's only for long side. There is no long side for me at the moment we within the ranges and break to either direction but with crypto overall it lacks regulation, we saw that throughout various collapse of firms and the infrastructure is very new. IMO - I am out until it suits my plan to get back in for now, I prefer the side-lines.
Trade Journal
Not Investment Advice or Signal Provider
AUD-CHF Broken Support! Sell!
Hello,Traders!
AUD-CHF just broke the horizontal
Support level and left the horizontal range
In which it was trading for a while
So I am bearish biased now
And I think it will fall further down
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
A Dogecoin Bullflag Sits Above A Very Historic Monthly RangeFrom the looks of things the Dogecoin to BTC pair, maybe attempting a Break-Hook-and-Go off the All-Time Historic Range that it traded within and could be setting up for a Bull Flag Breakout that would take it to the 2.272 Fibonacci Extension. We can also see that the MACD is showing us some Hidden Bullish Divergence and is Crossing on the Monthly which has historically led to massive moves up within the range. Now that DOGE/BTC trades above the Range we could perhaps expect the Biggest Move Yet!
$EUR - Don't get too excited ...YET!$EUR - RANGE UNTIL...
I've seen lot of exciting commentary coming out of Powell dovish ending rates in December etc. We've heard this all before, its not much of a surprise its all baked. However, don't forget to consider price action as well. There is nothing exciting until we are out of this range! At the moment we are choppy!
I expect NFP to give further action as well.
TJ
XRP Continues to Mirror BTC's Macro Pirce-Action; Only Slower.XRP since it was listed on Poloniex back in 2014 seems to have mirrored the overall price action of BTC over the years but at a much slower pace.
It would appear that BTC makes the move first then XRP takes about 65% longer to make a move of equal significance.
We can see that BTC had a Major Pump in 2013 and that from there it traded within a range until 2017 before rising 5,424%
XRP's story appears to be the same but with the small twist that it is still trading within it's Multi-Year-Range that it's found itself trading within after a huge 2017 rise.
2022 will be coming to and end soon and it will soon be that XRP has traded 6 Years within this range and just like BTC in the past it appears to be holding on to a trendline, if XRP goes like how BTC went, then we should expect XRP to be nearing or even above the top of the range Several Months after it's first test of the trendline which would point us to February 2023.
If XRP's Multi-Year-Range Breakout lives up to BTC's, I would expect to see an approximate 5,400% pump from XRP's Range Highs which would take it up to the seemingly insane and "unreachable" target of $120.94
We even have some added Monthly MACD Hidden Bullish Divergence to back XRP up.
BTC Detailed Top-Down Analysis - Day 106Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
106 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Detailed Top-Down Analysis - Day 105Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
105 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTCUSDT breakout to the upside and huge pumpOur first target hit:
now the red trendline is major resistance ahead and soon it will break and after this breakout to the upside, we can expect more pump and high volume and then next targets to be hit.
DISCLAIMER: ((trade based on your own decision))
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LINK - Once A Castle; Always A Castle! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LINK has been stuck inside a big range in green between 5.0 and 10.0
For the bulls to take over from a long-term perspective, we need a break above the upper bound of the range and round number 10.0
Meanwhile, since we are approaching the lower bound (5.0) we will be looking for buy setups on lower timeframes.
For the bulls to take over from a short-term perspective , a break above the last minor resistance in orange around 6.5
Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich