Rejection
CHFJPY - My Trading Plan in a picture!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
CHFJPY is retesting the previous daily highs so we will be looking for sell setups.
Knowing that CHFJPY can still trade higher and break the zone upward.
That's why we don't sell blindly, we always zoom in to lower timeframes and look for the bears to take over.
on H1: Right Chart
CHFJPY is forming a channel in red but the lower trendline is not valid yet.
So we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger => waiting for that third swing to form and then sell after a momentum candle close below it.
Meanwhile, until the sell is activated, CHFJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDJPY - My Trading Plan in a picture!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Weekly: Left Chart
AUDJPY is retesting our weekly resistance zone again so we will be looking for sell setups.
Knowing that AUDJPY can still dive inside the resistance zone before trading lower.
That's why we don't sell blindly, we always zoom in to lower timeframes and look for the bears to take over.
on H1: Right Chart
AUDJPY is forming a channel in red but the lower trendline is not valid yet.
So we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger => waiting for that third swing to form and then sell after a momentum candle close below it.
Meanwhile, until the sell is activated, AUDJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHFJPY - My Trading Plan in a picture!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
CHFJPY is sitting around a strong supply zone and upper orange trendline so we will be looking for sell setups.
Knowing that CHFJPY can still trade higher and break the supply zone.
That's why we don't sell blindly, we always zoom in to lower timeframes and look for the bears to take over.
on M30: Right Chart
CHFJPY is forming a channel in red but the lower trendline is not valid yet.
So we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger => waiting for that third swing to form and then sell after a momentum candle close below it.
Meanwhile, until the sell is activated, CHFJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURGBP It will continue down! SHORT!Welcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
AUDJPY - My Trading Plan in a picture!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Weekly: Left Chart
AUDJPY is sitting around a strong resistance zone so we will be looking for sell setups.
Knowing that AUDJPY can still dive inside the resistance zone before trading lower.
That's why we don't sell blindly, we always zoom in to lower timeframes and look for the bears to take over.
on H1: Right Chart
AUDJPY is forming a channel in red but the lower trendline is not valid yet.
So we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger => waiting for that third swing to form and then sell after a momentum candle close below it.
Meanwhile, until the sell is activated, AUDJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD - Strong Resistance Ahead!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis, we were looking for buy setups around the 1.0 round number and demand zone.
Now What?
EURUSD is approaching the upper blue trendline acting as a non-horizontal resistance.
Moreover, the zone 1.04 - 1.05 is a strong resistance zone.
Thus, the highlighted purple circle with the red arrow is a strong area to look for trend-following sell setups as it is the intersection of the blue resistance and upper blue trendline.
As per my trading style:
As EURUSD approaches the upper purple circle, I will be looking for reversal bearish 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
Bitcoin Detailed Top-Down Analysis - Day 45Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
45 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
CHFJPY - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for CHFJPY.
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
GBPUSD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for GBPUSD.
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
$SPX - Key resistance and rejection with continuation shortTechnical Analysis (TA)
We're getting first signs of a rejection off the weekly 50EMA (key resistance area with Momentum indicators being overbought.
The relief rally might be move and we might start seeing a retest of support level at $4k>
If the $4k level breaks we might see a continuation to recent lows at $3.6k or lower lows.
Be cautious out there on position sizing for individual stocks as the market could be done with it relief rally and it still looks very bearish.
USDJPY - My Trading Plan in a picture!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on Daily: Left Chart
USDJPY is retesting the previous major low so we will be looking for sell setups.
Knowing that USDJPY can still test the upper blue supply zone before trading lower.
That's why we don't sell blindly, we always zoom in to lower timeframes and look for sell setups.
on H1: Right Chart
USDJPY is forming a channel in red but it is not valid yet.
So we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger => waiting for that third swing to form and then sell after a momentum candle close below it.
Meanwhile, until the sell is activated, USDJPY can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF - Rejection Zones - Update!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDCHF is overall bearish trading inside the our brown trendlines.
As per my last analysis (highlighted on the chart), we were looking for buy setups around the lower purple rejection support.
Now What?
Now, USDCHF is approaching the upper purple zone.
This highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper brown trendline. (acting as non-horizontal resistance)
Thus, we 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
Bitcoin in 1 Minute - Day 36Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
36 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
CAD/CHF: Bullish butterfly harmonic patternI found out that Canadian Dollar/Swiss Franc forming a bullish butterfly harmonic pattern with the correct measure using Fibonacci for harmonic. But I see that CAD/CHF as forming this bullish perspective. I believe that CAD/CHF will continue drop, yes drop but doesn't drop as I expect because we see a wick of manipulation zone that institutional are interesting to buy this forex par.
I show clearly the rejection point, and also in H1 you can to see better as in H4 timeframe, because the drop was stopped and doesn't make a drop in the price, just a wick of rejection in that zone.
Also, there's a good opportunity to buy now CAD/CHF. I entry in the 2nd trade and entry to $0.7481 CHF, Stop Loss to $0.7452 CHF (27 pips) and take profit of $0.7530 CHF (51 pips). In my first trade I entry around $0.7486 CHF, For update, I put the same Stop Loss #0.7452 CHF (32 pips) and take profit of $0.7530 CHF (46 pips) This it's a risk/benefi 1:1, but have a lot potential to reach our target.
Good luck!!!
GOLD - Support Rejected✅ Now Approaching A Resistance!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis, we were looking for buy setups around the 1675 - 1700 support zone
Now What?
GOLD is approaching the upper orange trendline acting as a non-horizontal resistance.
Moreover, the zone 1750 is a support turned into resistance.
Thus, the highlighted purple circle with the red arrow is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange trendline.
As per my trading style:
As GOLD approaches the upper purple circle, I will be looking for reversal bearish 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
BTC will pump I thinkBTC are testing triangle line
I think BTC can broke triangle with a pump the market health is good and we have seen BTC are testing triangle
If BTC broke triangle we will see a big pump to $28k and touch the Big resistance line
but if BTC can't broke line we will see a range for #BTC
EURUSD - The Most Detailed Analysis! Video 📹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURUSD.
Here is my previous picture analysis:
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BATUSDT got a Monthly rejectionthe price got a rejection from the monthly level at 0.43$ as I told you in my previous idea. now the price is testing the previous resistance as new support on 0.4$
How to approach it?
if the price is going to lose the support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
EURAUD I Swing Downwards +100 pips!Welcome back! Here's an analysis of this pair!
**EURAUD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
EURCAD Intraday BUY Set-UpWelcome back! Here's an analysis of this pair!
**EURCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy