GBPUSD - One More Leg for Bears to Take Over!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPUSD has been overall bullish trading within the rising broadening wedge pattern marked in red.
However, it is currently approaching the upper bound of the wedge acting as an over-bought zone.
And the $1.365 - $1.375 is a strong resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of resistance and upper red trendline acting as a non-horizontal resistance.
📚 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.
Trend
We Are Milking EURAUD... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our two EURAUD analysis, we looked for shorts around the green structure and longs around the blue demand.
What's next?
📈EURAUD has been trading within the rising broadening wedge marked in blue, and it is currently rejecting the upper bound of the wedge which we consider an over-bought zone.
Moreover, the green zone is a strong structure and resistance.
🏹 Thus, the latest highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance.
📚 As per my trading style:
As #EURAUD 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.
NZDCHF - The Bears Are Back!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCHF has been overall bearish trading within the falling channel marked in red, and it is currently retesting the upper bound of the channel.
Moreover, the green zone is a strong resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and resistance.
📚 As per my trading style:
As #NZDCHF 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.
$ENS / USDT Daily Time frame, MAJOR PUMP?Chart Overview
- Pattern Identified: Falling Wedge Pattern
- A bullish reversal pattern, often appearing after a downtrend.
- Three major touchpoints on the lower trendline indicate strong support and pattern validity.
Demand Zone (Support Area)
- Marked near the current price level ($2.0309 - $2.6722)
- Price is testing this zone for the third time.
Supply Zone (Resistance Area)
- Around ($6.6529 – $9.2734)
- Multiple swing highs are plotted within or near this region, indicating strong historical resistance.
Volume Profile (Right side of chart)
- High volume node between $2.50 – $4.00 suggests price acceptance and a potential area for consolidation or resistance after breakout.
- Low volume area between $4.50 – $6.50 implies less resistance, so price might move quickly through it.
FVG (Fair Value Gaps)
- Several FVGs (imbalance zones) are highlighted.
- $3.8 – $4.05
- $5.8236 – $6.1663
- These zones often act as magnets for price, offering potential targets after breakout.
📏 Fibonacci Levels
- Pullback levels (0.28, 0.5, 0.618, 0.786) are marked.
- Price may retrace toward these areas as part of the bullish structure.
✅ Bullish Scenario
- Breakout from the falling wedge pattern.
- Price pushes into first FVG (~$3.8), then toward $5.8236 – $6.1663, eventually challenging the supply zone ($6.6529 – $9.2734)
⚠️ Risks
- If price breaks below the demand zone, it invalidates the wedge and opens room for further downside.
- Falling wedge breakouts require confirmation (e.g., daily close above wedge resistance).
📊 Summary
- Bias: Bullish if support holds and wedge breakout occurs.
- Trigger: Break and close above wedge resistance line.
- Targets: $3.8 → $5.8 → $6.1 → $9.5
- Invalidation: Daily close below the demand zone ($2.00 - $1.90)
Please note this is not financial Advice. This is just an analysis!
AMAZON TROUBLENASDAQ:AMZN Is currently trading Just 11% below its all time high and currently Facing exhaustion.
Amazon is currently trading 217$ range which was previous support now turned resistance (Daily Timeframe) , making a double top pattern and a negative divergence on the RSI.
The best Trades are the ones with multiple confirmations
- Trading at a resistance (1D chart)✅
- Negative Price Action at the resistance (Double Top Pattern)✅
- RSI negative divergence✅
- Market Structure ✅
Entry Criteria
- A Red candle at the entry Line Marked
- Stoploss Above the Entry Candle
Target 1- 211$
Target 2- 208$
Keep Your Risk Reward Intact! Not An investment Advice
TAO 4H - Downtrend bottom? Altcoins have certainly taken a backseat to BTC this cycle with Bitcoin dominance holding around 65%. Despite this, there are still some good setups in altcoins presenting themselves each day, one of which is TAO on the 4H.
To me it looks to be in a clear downtrend respecting the upper and lower limits while reacting off of support levels on the way down. As it stands price has reached a key S/R level that has proven to be support in the past and is in conjunction with the lower end of the trend channel.
With FOMC only hours away and TAO being at such a critical level this would be an interesting place to do business. A good reaction off the level would kickstart a move towards the trends upper limits. A loss of this level and it's very possible what has been support can turn into resistance.
To me the R:R here is good for a long position, the threat to the trade is bearish reaction to FOMC, escalation geo-politically which effects risk-on assets and therefor overalls TA.
What on earth will happen to GOLD? why is it not up yet?XAUUSD
GOLD returns to the consolidation area of 3388-3403 after falling and landing at support 3366. The strength of the SELLER still looks quite strong considering that there has been no confirmation of buyer power at all such as Bullish Engulfing or other large bullish candles. GOLD will still fall again and has the potential to reach the support range of 3350 - 3366 as long as there is no penetration of resistance 3408
Congratulations on yesterday's profit. Today we will try to wait and see the movement of GOLD again before determining the entry.
R3 3500
R2 3427
R1 3408
PV 3379
S1 3366
S2 3350
S3 3286
USDCHF - Bearish => Bullish => Now Bearish?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDCHF has been overall bearish trading within the falling channel marked in orange. And it is currently retesting the upper bound of the channel.
Moreover, the green zone is a strong resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper orange trendline and resistance.
📚 As per my trading style:
As #USDCHF 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.
USDCHF - Now Bullish!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our last USDCHF analysis, attached on the chart, it rejected the upper bound of the orange channel and traded lower.
What's next?
📈USDCHF is now retesting the lower bound of the channel.
Moreover, the blue line is a strong weekly low.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower orange trendline and weekly low.
📚 As per my trading style:
As #USDCHF is around 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.
SPX500 Under Pressure Amid Renewed Israel-Iran TensionsSPX500 Overview
Israel-Iran Truce Hopes Collapse
Investor hopes for a swift de-escalation between Israel and Iran were quickly shattered as both sides resumed hostilities. The situation intensified further after U.S. President Donald Trump urged Iranian civilians to evacuate Tehran and abruptly ended his participation at the G7 summit, reportedly convening the U.S. National Security Council.
These developments have fueled broad risk-off sentiment across markets.
Technical Outlook:
SPX500 remains under bearish pressure as long as the price trades below 6010. A continued drop toward the key support at 5966 is likely, with a break below this level potentially opening the path to 5938 and 5902.
However, if the price stabilizes above 5966 without breaking it, we may see a rebound attempt toward 6010 and 6041.
Any signs of negotiation or de-escalation in the conflict could trigger a strong bullish reversal.
Support: 5966, 5938, 5902
Resistance: 6041, 6098, 6143
GOLD- XAU-USD Hello Traders! The GOLD MARKET is on fire! 🚨🔥
XAUUSD has officially broken above the key resistance zone — this is not just a move, this could be the start of something BIG! 💥📈
Is this the golden breakout we’ve been waiting for, or just a short-lived spike?
Are we heading toward the next major target, or is a pullback on the horizon? 🎯🔍
Your insights matter — comment below with your analysis and let’s decode this golden move together!
Stay sharp, stay golden! ⚔️💰
#XAUUSD #GoldBreakout #ForexTraders #MarketMomentum #GoldAnalysis #TradeSmart
EURO - Pirce can make movement up and then drop to $1.1420Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
After entering the wedge, Euro began to slow down, creating a tightening structure between support and resistance.
Price corrected toward the support line of the wedge, where it briefly paused and bounced with weak momentum.
The bounce triggered a breakout above local resistance, but buyers failed to hold the price at higher levels.
Soon after, the market reversed from the wedge’s upper boundary and began forming a bearish rejection pattern.
Now price trades just below the recent highs, showing fading demand and early signs of short-term reversal.
I expect Euro to move lower and reach the $1.1420 support level — my current target in this scenario.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
USDCHF - Follow The Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDCHF has been overall bearish trading within the falling channel marked in orange. And it is currently retesting the upper bound of the channel.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper orange trendline and structure.
📚 As per my trading style:
As #USDCHF 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.
ETH - Medium-Term Bulls Confirmed Control!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our previous ETH analysis (shown on the chart), ETH rejected the green support zone and pushed higher, reaching our target near $2,750.
What’s next?
After breaking above the $2,750 structure marked in red, the bulls have confirmed medium-term control.
🏹 As long as the last major low at $2,700 holds, ETH is expected to remain bullish, with a potential move toward the $3,500 resistance zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Nifty 23500 Either buying opportunity or just short covering !today on 13 June nifty again support on 23500 which is talking by us very important support level, look at here ultra-high volume appear on 9.15 candle, and we are seeing bounce back from here. it could become a good opportunity buy on dips but if really smart money pending order near 23500 so why this bounce back come with falling volume, I cleared on chart it might be just short covering. what is your opinion comment please.
EURJPY - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURJPY has been overall bullish trading within the rising wedge pattern marked in blue. However, it is currently retesting the upper bound of the wedge.
Moreover, the green zone is a major weekly high.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and weekly high.
📚 As per my trading style:
As #EURJPY 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.
USNAS100 | CPI Data to Drive Next Move – Key Pivot at 21790USNAS100 | OVERVIEW
The index is showing sensitive price action, especially after stabilizing above the pivot level at 21790. The release of U.S. CPI data will likely dominate today's movements.
If CPI > 2.5%:
Stronger inflation could pressure the index lower. A drop toward 21790 is expected, and a break below this level may extend the bearish trend toward 21635, and possibly 21480. However, holding above 21790 may keep the bullish structure intact.
If CPI < 2.5%:
Weaker-than-expected inflation would support bullish momentum, with potential to push higher toward 22090 and test the all-time high at 22200.
Support Lines: 21790, 21635, 21480
Resistance Lines: 22090, 22200
ETH - Finally Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been overall bullish trading within the flat rising channels marked in blue.
Moreover, the green zone is a strong support zone!
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendlines acting as non-horizontal support.
📚 As per my trading style:
As #ETH 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
SPX500 Holds Steady as Markets Eye US-China Trade Developments SPX500 Overview
U.S. stock futures were little changed on Tuesday as investors awaited key developments from the U.S.-China trade talks underway in London.
Technical Outlook (4H Chart):
The index is experiencing cautious movement amid ongoing tariff tensions and geopolitical uncertainties.
Bullish Scenario:
A sustained 4H close above 6030 could confirm bullish momentum, with upside targets at 6066 and 6098, potentially extending toward a new all-time high (ATH).
Bearish Scenario:
As long as the price remains below 6010, bearish momentum may persist, targeting the support levels at 5966, followed by 5938 and 5902.
Support: 5966 • 5938 • 5902
Resistance: 6066 • 6098
XVG - Privacy is Important!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈XVG has been overall bullish trading within the rising channel marked in blue and it is currently retesting the lower bound of the channel.
Moreover, the red zone is a strong structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #XVG 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
2X Levered TESLA TSLL: $7.23 level since 2023Since 2023, when TSLL 2X levered Tesla hit $7.23 it tend s to see significant upside. The chart show the peak profit levels from the $7.23 level. I am waiting for it to drop below and then buy when price rises above the level. The horizonal arrows at the top show how many days it takes to hit the peak in trade. The horizontal arrow on the bottom indicated the number of days it tool to fall from the peak to the next buying level.
EURAUD - Bullish... but not for long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been overall bullish trading within the rising channel marked in blue. However, it is currently retesting the upper bound of the channel.
Moreover, the green zone is a strong structure and resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and resistance.
📚 As per my trading style:
As #EURAUD 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.