NZD/USD - Overall structure and levels on the 4hr ChartNZD/USD - 4HR
I appreciate there is a lot going on in this piece of analysis here. If you don't understand, private message me and I can break it down for you!
We can see a break of structure, push to the downside and a bearish retest of a key level in the market - our sell confirmation.
Happy Trading. Stay tuned for more analysis
Rejection
Further Upside on CADJPY as 81.7 Resistance InvalidatesQuite a few Signposts on my chart as I've been monitoring this pair for quite a while. 81.7 was a structural resistance, which we'er seeing that it's no longer holding. Quite a few sellers were recently trapped, which is a good sign that we probabilistically can expect further upside.
[ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Possibly short for AUDCADAUDCAD has been making higher highs and higher lows indicating an uptrend but has recently made lower highs and lower lows plus rejected from a previous resistance level from in the past. so I'm looking for it to do the same thing again, reject it and keep going down. 𝖙𝖗𝖆𝖉𝖎𝖓𝖌 𝖎𝖘 𝖓𝖔𝖙𝖍𝖎𝖓𝖌 𝖇𝖚𝖙 𝖕𝖗𝖊𝖉𝖎𝖈𝖙𝖎𝖔𝖓 𝖜𝖍𝖊𝖗𝖊 𝖙𝖍𝖊 𝖒𝖆𝖗𝖐𝖊𝖙 𝖒𝖎𝖌𝖍𝖙 𝖌𝖔 𝖆𝖓𝖉 𝖎 𝖜𝖎𝖑𝖑 𝖓𝖔𝖙 𝖇𝖊 𝖗𝖊𝖘𝖕𝖔𝖓𝖘𝖎𝖇𝖑𝖊 𝖋𝖔𝖗 𝖆𝖓𝖞 𝖑𝖔𝖘𝖙 𝖞𝖔𝖚 𝖊𝖓𝖈𝖔𝖚𝖓𝖙𝖊𝖗.
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║╚╝╝╚╝╔╝║╔╗╔╗║║─║║╚═╝╠╝╔╝║╚═╝║╚╗╔╝
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║║║╚╣╚═╝║║║║║║╚═╝║║║╚╣╚═╝║──║╠╝╔╗╚╗
╚╝╚═╩═══╩╝╚╝╚╩═══╩╝╚═╩═══╝──╚╩═╝╚═╝
BTCUSD - update - previous buyHello everyone, if you like the idea, do not forget to support with a like and follow.
as per our last video analysis, we were waiting for a new swing to form around the red trendline to consider it valid and then buy on its break upward.
While clearly didn't happen, so our entry would be after the previous swing high (updated via live streaming) as you can see resulting in a bigger stop loss.
This buy reached +1R so now we are holding the buy with our stop loss around breakeven, and waiting for the take profit +2R to be hit.
and of course, as price approaches the upper gray trendline (which acts as an overbought area) we can always close the trade in profit around +1.7R.
meanwhile, BITCOIN would be overall bullish and we will be looking for new buy setups to form on the retest.
Good luck!
~Rich
EURUSD - Do Not Sell Now - still waiting for a trigger to sellHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURUSD is sitting around a strong resistance zone in green so we will be looking for sell setups on lower timeframes.
on H1: EURUSD formed a channel in red so we are still waiting for a momentum candle close below its last swing (in gray) to sell this one.
Trigger: Waiting for a momentum candle close below the gray area to sell.
DO NOT SELL NOW => because until the sell is activated, this one would be overall bullish and can still dive inside the green zone before going down.
As price approaches our lower brown trendline, we will be looking for buy setups.
Good luck!
~Rich
DOW JONES - Update - Video Top-Down AnalysisHello everyone, this is Rich, I promise to keep sharing original content here on TradingView. My Second Home!
If you like my trading style, do not forget to follow me for more.
Here is the top-down analysis for DOW JONES, feel free to request any pair/instrument, or ask any questions in the comment section below.
Best of luck!
EUR/NZD Descending Channel with key structure levels - 4HREUR/NZD Analysis on the 4 hour chart.
Price has hit a key level coinciding with our top descending channel trendline. We have seen some sharp rejection off this level. Check out how simple it is to find key structure levels in the market!
For more:
www.fxaxe.com
Happy Trading!
SGDJPY Sell SetupHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: SGDJPY is sitting around the upper brown trendline so we will be looking for sell setups on lower timeframes.
on M30: SGDJPY is forming a channel pattern in red so we are waiting for a new swing to form around it to consider it objective/valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still break above the brown trendline to test the 79.0 green resistance before going down.
As price approaches our lower blue support and lower brown trendline, we will be looking for buy setups.
Good luck!
NASDAQ possible reversal setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: NASDAQ is sitting around its all-time-high and 140.0 round number in blue so a reversal may be expected from here.
As you can see, NASDAQ is forming a channel in red so we will be waiting for a new swing low to form around our lower red trendline to consider it our trigger swing and then enter sell after a momentum candle close below it.
and until the sell is activated, this one would be overall bullish and can still break above the 140.0 round number to reach 150.0 before going down.
As price approaches our lower green support and round number 100.0, we will be looking for buy setups.
Good luck!
GOLD and ETHEREUM - Interesting Combination!First of all, I would like to thank @TradingView for this chart combination!
XAUETH is approaching its all time low around 1.00-2.00 so we will be looking for buy setups!
knowing that this one can still dive inside the zone, reach level 1.00 before going up
For XAUETH to go up, there are three scenarios:
1- GOLD UP, and ETHEREUM DOWN (best case scenario)
2- GOLD UP, and ETHEREUM UP but with Gold moving up more aggressively.
3- GOLD DOWN, and ETHEREUM DOWN but with Ethereum moving down more aggressively.
How to trade it?
Well it depends on your trading style/plan. but here is what I am waiting for as per my trading plan:
ON H4: XAUETH formed a valid channel in red so we are waiting for a new swing high to form around the upper trendline to consider it our trigger swing and buy on its break upward.
The stop loss goes below the last swing low, and we always target double our stop loss size to have an edge over the market.
Meanwhile, until the buy is activated, XAUETH would be overall bearish and can still test the level 1.000 before going up. that's the power of waiting for a confirmation and trigger.
Good luck!
NZDCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on WEEKLY: NZDCAD is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: NZDCAD is forming a channel trendline in red so we are waiting for a new/third swing to form around it to consider it objective/valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
BITCOIN Short-Term Bearish Sell SetupHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: BITCOIN is sitting around a strong round number 30k in blue so we will be looking for sell setups on lower timeframes.
on H1: BITCOIN is forming a trendline in gray so we are waiting for a new/third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still break the 30k level upward.
Unless EURUSD breaks above our green zone aggressively upward, then the momentum will be shifted from bearish to bullish.
As price approaches our lower red support, we will be looking for buy setups. and if the price breaks it downward, we will be looking for buy setups around 20k.
Good luck!
GOLD still waiting for a trigger to sell!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes.
on H4: GOLD formed a wedge pattern in red so now we are waiting for our trigger to confirm the bearish movement.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
and since now GOLD is sitting around 1900 we will be looking for sell setups on lower timeframes like M30.
we will be looking for sell setups, unless price breaks aggressively above 1900, then the momentum will be shifted from bearish to bullish.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
AUDJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: AUDJPY is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes.
on H1: AUDJPY is forming a wedge pattern in gray so we will be waiting for a new swing low to form around our lower trendline to consider it our trigger swing.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone till 80.0.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
APPLE testing its All-Time-HighHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: APPLE is sitting around a strong supply area in blue and its All-Time-High so we will be looking for sell setups on lower timeframes.
on H1: APPLE is forming a trendline in gray but it is not valid yet so now we are waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!