Supply in Sight: AUDUSD Gearing Up for a Reversal?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDUSD has been overall bullish trading within the rising channel marked in red and it is currently retesting the upper bound of the channel acting as an over-bought zone.
Moreover, the blue zone is a strong supply.
📚 As per my trading style:
As #AUDUSD 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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trend
EURGBP – Bearish Continuation in Play?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURGBP has been overall bearish trading within the falling channel marked in orange.
Moreover, the green zone is a strong structure.
📚 As per my trading style:
As #EURGBP 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!
~Richard Nasr
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US30 Bullish Bias Builds on Fed and Earnings OptimismUS30 – Market Overview
The market is showing bullish momentum, supported by recent developments from the Federal Reserve and a strong corporate earnings season.
Technically, the price action suggests a continuation of the uptrend toward 44610.
🔻 However, bearish momentum may be triggered if the price breaks below 44170.
🔹 Resistance: 44360, 44610 – 44820
🔹 Support: 44170 – 43960 – 43630
XAUUSD Gold Trading Strategy August 5, 2025
Yesterday's trading session, gold prices continued to increase sharply due to previous influences. However, the possibility of a short-term correction in gold prices at the end of the week will be very high.
Basic news: According to CME FEDWatch, the probability of the Fed cutting interest rates at its September meeting has now increased to about 84%, reflecting increasing concerns about economic weakness. The market is currently pricing in at least two 25 basis point cuts between now and the end of the year, showing a clear shift in investor sentiment after disappointing employment data.
Technical analysis: Gold's bullish momentum is currently showing signs of weakening. The peak area of 3383 - 3385 may create a double peak pattern on H1, but the possibility of gold prices correcting today is very low. Currently, gold prices are filling liquidity at support areas. The correction of gold prices may take place at the end of the week when buyers take profits.
Important price zones today: 3350 - 3355 and 3330 - 3335.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3350 - 3352
SL 3347
TP 3355 - 3365 - 3375 - 3400.
Plan 2: BUY XAUUSD zone 3330 - 3332
SL 3327
TP 3335 - 3345 - 3365 - 3400.
Plan 3: SELL XAUUSD zone 3420 - 3422
SL 3425
TP 3417 - 3407 - 3387 - 3357 - OPEN (small volume).
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
[Deep Dive] OP – Edition 4: Accumulated Pressure!Optimism (OP) may be quietly setting the stage for a classic reversal play — with structure, sentiment, and cycle theory all lining up.
After a sharp markdown throughout Q4 2024 and early 2025, OP has spent several months forming what appears to be a rounded accumulation base. And if history rhymes, a markup phase could be next.
🔍 Phase Breakdown
📉 Markdown
The aggressive downtrend sent OP tumbling from above $3 all the way to the $0.50–$0.60 support region, wiping out months of bullish structure and triggering capitulation.
📦 Accumulation
Since then, the price has been compressing sideways in a tight range, respecting the $0.50 psychological zone while creating a rounded bottom pattern. This sideways action — combined with declining volatility — suggests sellers are exhausted, and accumulation may be underway.
📈 Markup Potential
The current setup mirrors textbook market cycles, where markdown gives way to accumulation, followed by expansion. If OP breaks above the $0.70–$0.85 resistance zone with volume, the door opens for a rally toward $1.85 and even $2.00 — the next key supply zones.
⚙️ Fundamental Fuel
Optimism is more than just a Layer 2 — it’s the engine behind the Superchain vision. With OP Stack now powering not only Optimism but also chains like Base and Zora, the protocol is becoming the backbone of Ethereum’s scalability roadmap.
Recent key updates include:
- New governance structures via RetroPGF Round 3 distribution.
- Continued expansion of OP Stack rollups.
- Growth in on-chain activity and TVL thanks to Base's rapid adoption.
All of this adds up to strong long-term tailwinds — especially if Ethereum Layer 2 narratives reheat.
🧠 What to Monitor Next
🔍 Break above $0.85 = confirmation of phase shift.
📊 $0.50 remains the key invalidation level for the current bullish thesis.
🧨 Watch for volume spikes near resistance — they often precede explosive markups.
💬 Are we witnessing the calm before Optimism’s storm — or just another pause in a longer downtrend?
🔔 Disclaimer: This post is for educational and informational purposes only. It does not constitute financial advice. Always do your own research and manage risk carefully.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
GBPUSD – Bearish Bounce Loading?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPUSD has been overall bearish trading within the falling channel marked in red and it is currently in a correction phase.
Moreover, the blue zone is a strong supply.
📚 As per my trading style:
As #GBPUSD 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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Trading Strategy XAUUSD August 4, 2025
Gold prices rose more than 2% last Friday, hitting a one-week high, as weaker-than-expected US non-farm payrolls data boosted hopes for a Federal Reserve rate cut and the announcement of new tariffs fueled safe-haven demand for gold.
Fundamental news: The non-farm payrolls report showed only 73,000 jobs added in July, well below market expectations of 110,000. The unemployment rate rose to 4.2%, indicating a cooling labor market.
Technical Analysis: Gold prices are rising strongly after a strong candle in the 3285 - 3300 area as previously predicted. The bullish pattern on the H1 frame has shown that the buyers are returning very strongly. Currently, the price is showing signs of sideway at the 336x area, our strategy today will be to wait for trading at the support zones of the gold price. Important price zones today: 3315 - 3320 and 3330 - 3335.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3330 - 3332
SL 3327
TP 3335 - 3345 - 3355 - 3370.
Plan 2: BUY XAUUSD zone 3318 - 3320
SL 3315
TP 3323 - 3333 - 3343 - 3363.
Plan 3: SELL XAUUSD zone 3370 - 3372
SL 3375
TP 3367 - 3357 - 3347 - 3337 (small volume).
Wishing you a safe, smooth and profitable trading week.💗💗💗💗💗
USDJPY - Now or Never!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDJPY has been overall bullish trading within the rising channel marked in blue and it is currently retesting the upper bound of the channel acting as an over-bought zone.
Moreover, the green zone is a strong weekly resistance.
📚 As per my trading style:
As #USDJPY is around 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
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Seven topics explaining why Ethereum might be heading towards atSeven topics explaining why Ethereum might be heading towards at least $4,500 after returning to its trend:
1. Market Sentiment and Bullish Reversal
When Ethereum breaks out of a consolidation phase or a downtrend, it often signals a shift in market psychology. A bullish reversal can be triggered by technical patterns such as ascending triangles, breakouts above key resistance levels, or bullish candlestick formations. Positive news (e.g., regulatory clarity, major partnerships, or favorable market reports) enhances investor confidence. Once traders recognize a trend reversal, it leads to increased buying momentum, further propelling ETH higher. This shift in sentiment often acts as a self-fulfilling prophecy, attracting more capital into the asset.
2. Institutional Adoption and Investment
Institutional investors, including hedge funds, asset managers, and pension funds, play a crucial role in cryptocurrency price dynamics. Large-scale investments, ETFs, or custodial solutions designed for institutional clients can generate significant buy pressure. Notable endorsements from major financial firms or integration of Ethereum-based products into mainstream financial platforms can serve as a validation, encouraging broader participation. This institutional involvement often brings stability and confidence, supporting sustained upward movement towards higher targets like $4,500.
3. DeFi and NFT Growth
Ethereum's ecosystem is the backbone of the decentralized finance (DeFi) sector and NFTs. The expanding adoption of DeFi applications (lending, borrowing, staking) and booming NFT markets increase demand for ETH, since it is essential for transaction fees and smart contract execution. As new projects and use cases emerge, the utility of ETH grows, directly impacting its value. Additionally, mainstream adoption of DeFi and NFTs draws more retail and institutional investors into the ecosystem, contributing to price appreciation.
4. Network Developments
Ethereum continues to undergo significant upgrades to address scalability, security, and sustainability. Ethereum 2.0, with features like proof-of-stake (PoS) consensus, shard chains, and Layer 2 scaling solutions (like Rollups), greatly enhance network efficiency. These upgrades improve user experience and reduce transaction costs, making Ethereum more attractive for developers and users. The improving technology infrastructure can result in increased transaction volume, user activity, and investor confidence, which collectively drive the price upward.
5. Macro and Cryptocurrency Market Factors
Broader macroeconomic conditions influence Ethereum’s price. A declining dollar, inflation concerns, or global economic uncertainty can push investors toward alternative assets like cryptocurrencies. Bitcoin’s market movement often correlates with ETH, and a bullish Bitcoin trend can lift ETH prices as well. Additionally, positive regulatory developments or a general rally in the crypto market can create a favorable environment, supporting Ethereum’s ascent to higher levels.
6. Technical Indicators
Traders rely heavily on technical analysis. Breakouts above significant resistance levels (e.g., previous highs around $3,500 or $4,000), increased trading volume, and bullish chart patterns such as flags or bullish divergence reinforce the upward trend. These technical signals attract momentum traders and institutional players, which accelerate the price increase. Consistent bullish technicals contribute to a self-sustaining upward trajectory toward the $4,500 target.
7. Supply Dynamics
Ethereum's supply mechanics significantly influence its price. The implementation of EIP-1559 introduced a fee-burning mechanism that reduces circulating supply over time, creating a deflationary pressure. When network activity is high, more ETH is burned, decreasing supply and potentially increasing scarcity. Furthermore, the transition to Ethereum 2.0's proof-of-stake reduces issuance, limiting new ETH supply entering the market. These supply-side dynamics, combined with growing demand, can lead to significant appreciation, moving ETH toward and beyond the $4,500 level.
Don’t Panic — It’s Just a Healthy Crypto Correction!While the crypto market has seen some red this week, the bigger picture remains intact. Let’s zoom out and make sense of the current correction.
🔸 TOTAL Market Cap (left chart)
The structure remains overall bullish, trading inside the red rising channel.
After a solid rally, the market is currently pulling back toward a strong demand zone – perfectly aligned with the lower trendline. This area is likely to act as a major support, from which the next bullish impulse could kick off.
🔸 USDT Dominance (right chart)
USDT.D remains overall bearish, trading inside the red falling channel.
It’s currently pushing higher toward a well-defined supply zone, which also intersects with the upper red trendline. As long as this area holds, we expect sellers to take over again — giving altcoins the space they need to bounce back.
📌 In simple terms:
The market is in a healthy correction. Don’t let short-term dips shake your long-term view. The trend is still your friend.
➡️ As always, speak with your financial advisor and do your own research before making any investment decisions.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
XAUUSD Gold Trading Strategy August 1, 2025
Yesterday's trading session, gold prices recovered to the 3315 area and then continued to decrease to the 3281 area. Currently, gold prices are fluctuating quite unpredictably due to the impact of tariff news and investor confidence.
Basic news: The Federal Reserve FED continues to maintain the federal funds benchmark interest rate in the range of 4.25% - 4.50%, in line with policy since 2025. Chairman Powell did not give any signal about the next interest rate cut on September 16 - 17.
Technical analysis: After falling sharply to the 3269 area, gold prices are showing signs of recovery. In the current downtrend channel, there has been a higher bottom than the bottom at H1. We can see that if the bullish pattern at H1 is confirmed, combined with the reversal candlestick appearing at H4, the possibility of gold bouncing back to reach the resistance area of 3330, even 3350 is completely possible. In the weekend trading session, we will wait at the support zones to trade.
Important price zones today: 3280 - 3285 and 3269 - 3274.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3283 - 3285
SL 3280
TP 3288 - 3300 - 3310 - 3330.
Plan 2: BUY XAUSD zone 3269 - 3271
SL 3266
TP 3274 - 3284 - 3300 - 3320.
Wish you a safe, favorable and profitable trading day.🥰🥰🥰🥰🥰
[Deep Dive] SUSHI – Edition 3: Accumulate. Anticipate. Accelerat🧠 Cycle Anatomy: What the Chart Is Telling Us
📉 Phase 1: Markdown
The bears dominated, slicing price downward into key historical support around the $0.50 mark — the same level that anchored the previous accumulation zone.
📦 Phase 2: Accumulation
Both accumulation phases (mid-2023 and Q2 2025) occurred near identical support zones, with rounded bases and sideways chop — signaling strong hands quietly absorbing supply.
📈 Phase 3: Markup Incoming?
Following breakout point “1” and retest point “2,” the current structure aligns remarkably well with the previous markup phase — which propelled SUSHI from ~$0.50 to over $3 in just weeks. While past performance isn’t a guarantee, this fractal deserves attention.
🔥 Why Fundamentals May Support This Move
- SushiSwap v3 continues rolling out on multiple chains, optimizing capital efficiency and fee structure for LPs.
- Governance has stabilized after the rough patches of 2022–2023, with more transparent treasury and development direction.
- Cross-chain expansion and integrations with major aggregators (like 1inch, Matcha, and DeBank) are boosting SUSHI’s visibility in the broader DeFi flow.
Additionally, a surge in TVL and DEX activity on low-fee chains could redirect volume back to SushiSwap — a platform known for its cross-chain capabilities.
📍 What to Watch Next
- A confirmed breakout above $1.00 would validate the “markup” thesis.
- A dip toward the $0.65–$0.70 zone could offer a high-risk/reward entry aligned with point “2.”
- Failure to hold the $0.50 level would invalidate the structure.
For now, the rhythm is clear: markdown → accumulation → markup. And if the pattern holds, SUSHI might just be preparing for its third vertical.
💬 Do you think this is just another fakeout — or is SUSHI gearing up for a DeFi comeback?
🔔 Disclaimer: This post is for educational and informational purposes only. It does not constitute financial advice. Always do your own research and manage risk carefully.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
SPX500 Awaits Fed – Key Support at 6388 in FocusSPX500 Awaits Fed Decision – Breakdown Below 6365 Could Deepen Correction
Following the registration of a new all-time high at the beginning of the week, the price has started to decline. Also, investors await the Federal Reserve's policy statement later today for guidance on the future path of monetary policy.
The price is currently positioned below the 6388 level, which is a key zone in conjunction with the support line at 6365. This area signals the potential for a new downward correction if the price stabilizes below 6365.
A sustained move below 6365, confirmed by a 1H or 4H candle close, would open the door to a sharper decline toward 6341, followed by 6319, both considered critical support zones.
As for the bullish scenario: if the price finds support and manages to rebound today, the first step toward recovery would be a breakout above 6388, which may lead to a climb toward 6415. Breaking above 6415 would pave the way to retest the resistance zone at 6427, with the potential to reach a new all-time high at 6454.
Key Levels
• Support: 6365 - 6341 - 6319.
• Resistance: 6388 - 6415 - 6427.
BTC/USD Daily Outlook: Support & Target Levels IdentifiedBitcoin (BTC/USD) Daily Chart Analysis:
Price is currently at $117,758.70, showing a slight decline. Key support levels are marked at $114,785.88 and $107,576.12, while targets are projected near $129,584.15 and $129,692.48. Chart suggests a possible upward channel, with both bullish and bearish scenarios mapped.
CMG entering a stage 4 downtrendCMG may have entered a stage 4 downtrend.The price has reflected sharply off the 200 daily moving average and busted rapidly on enormous volume to the low of the previous volume base formed from the week of March 10th to the week of June 9th. The 200 daily moving average has turned over and is sloping downward, alongside the 50 daily moving average. CMG has demonstrated poor relative strength (SPX). The consumer services sector remains in generally good condition, and there are large market caps that are showing strength and performing well in it. There are also many large market caps in the sector that have transitioned out of their respective stage 2 advances, and have started stage 3 distributions and stage 4 declines. Although MCD, the largest market cap in the restaurant industry, continues to perform very well- most of the stocks in the industry have begun to roll over into stage 3 distribution ranges and stage 4 declines. A short entry in CMG was made at ~$55, and more will be added to this position between $47.50 to $50 if the price corrects back to this level.
INJ - Back Bullish!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈INJ has been overall bullish trading within the rising wedge pattern marked in blue.
This week, INJ has been retesting the lower bound of the wedge.
Moreover, the green zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and green demand.
📚 As per my trading style:
As #INJ approaches the blue circle zone, I will be looking for trend-following 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!
~Richard Nasr
[Deep Dive] SEI – Edition 2: From Pain to Power: A Bull Cycle?SEIUSDT may have just flipped the script.
After months of consistent lower highs and lower lows, SEI has officially broken its bearish structure and is now printing clear higher highs (HH) and higher lows (HL) — a textbook sign of a trend reversal.
📉 Left Side: Bearish Breakdown
From late 2023 to Q2 2025, SEI was stuck in a painful macro downtrend. The structure was brutally clean: LH → LL → LH → LL. Each bounce was weaker than the last, reflecting exhausted buyers and relentless supply.
But something changed in late Q2…
📈 Right Side: Bullish Rebuild
Since its final low around April, SEI began to carve a new path. What started as a subtle accumulation quickly morphed into a solid structure of higher highs and higher lows.
The arc-shaped pink trendline tracks this momentum shift — and we’re now watching a potential continuation of the bullish cycle.
The most recent HL is forming exactly on that curve — a critical moment where bulls may step in for the next impulsive move.
🔥 What’s Fueling the Shift?
SEI is gaining traction as a high-performance Layer 1 designed for trading apps, with native parallelization and a focus on speed and throughput.
Its recent ecosystem growth — including projects in DeFi, gaming, and infrastructure — has started to attract both retail and VC attention.
On-chain metrics are showing increased activity, and whispers of upcoming protocol incentives could be the spark that pushes SEI toward the $0.45–$0.50 range.
🧠 What We’re Watching
- The current HL zone — will bulls defend this level?
- If SEI can break above the previous HH, the bullish structure strengthens.
- A failure to hold this HL would suggest a range or even deeper correction — so risk management is key.
Let’s recap:
- Structure has flipped bullish ✅
- SEI is riding a fresh higher low ✅
- Fundamental momentum is building behind the scenes ✅
It’s now up to the market to decide if this was just a bounce — or the beginning of a much bigger move.
💬 What do YOU think: Is SEI building steam for a breakout, or just teasing us with a fakeout?
🔔 Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any asset. Always do your own research and manage your risk accordingly.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
Is NEAR NEARing Its Next Explosion? Watch This Perfect Pattern!NEAR is dancing to a powerful rhythm — and it’s all in the cycles 🔁
This chart uncovers a repeating top-bottom cycle that has held since early 2023, with precise peaks and valleys emerging every few months 📉📈.
After bouncing off a major bottom at ~$2, NEAR is now approaching the mid-line of the descending red channel, suggesting a potential trend reversal is underway 🔄.
Each previous “BOTTOM” aligned with strong recovery waves 🚀, while the projected “TOP” now points toward the $6–7 zone — aligning perfectly with the upper green trendline resistance 🎯.
If the pattern continues, we could be looking at another macro push before year-end 2025 📆.
📊 Will NEAR ride this wave to new local highs — or is it just another lower high in the making? Either way, the rhythm of this chart is too clean to ignore.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
CADJPY - The Bulls Are Stronger than Ever!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈CADJPY has been overall bullish trading within the rising wedge pattern marked in red.
This week, CADJPY has been retesting the lower bound of the wedge.
Moreover, the green zone is a strong weekly support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and green support.
📚 As per my trading style:
As #CADJPY approaches the blue circle zone, I will be looking for trend-following 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.