Trend
SILLY enter new whale start volumeSILLY seems interesting since the trend activation shows a new building on whale volume.
This coin could have interesting volume in the coming time frames which we going to follow with updates.
WE will follow step by step the whale volume trend
FITFI NEW INCREASE VOLUMEFITFI seems to enter a new uptrend volume which has the chance to break in the coming time frames.
Fitfi shows interesting trend for next high volume trend.
The Mechanics Of Trading - Part IIIPart III
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
The Mechanics Of Trading - Part IIPart I
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
The Mechanics Of Trading - Part IPart I
I started this video because a friend asked me for help determining trends on multi-interval (time frames) and asked how I look at trading across multiple intervals. Asking how to best setup/use price trends to capture the best trade setups.
Essentially, it comes down to three key components...
A. Initial reversal/impulse waves should be traded lightly (if at all). They are the "potential price reversal setups" that are usually the most dangerous for traders (and often fairly short in length).
B. Looking for the second wave to form provides traders with the opportunity to catch the bigger Wave-3. This wave forms after the impulse (Wave-1) and a corrective wave (Wave-2), which must stay below any previous ultimate high or above any previous ultimate low.
C. Wave-3, and Wave-5 if applicable, are where traders can flex their muscles related to trade size using the techniques I present to try to capture the MEAT (Sweet Spot) of any trend.
Remember, after Wave-3, you must prepare for the potential end of a trend setup where volatility is likely to increase and risks become a bit more elevated.
I go over multiple techniques in this video.
Fibonacci techniques and Fibonacci Price Theory
Anchor Bars (breakaway bars)
Using Fibonacci Retracements to identify key support/resistance levels for trending
Stochastics
RSI
Wave formations (ZigZag)
and Others
This video is designed as an instructional video to help you incorporate usable techniques into your own trading style.
Hope you enjoy.
SATS NEW INCREASE VOLUMESATS seems to have a new increase view with the possibility that we are going to see a new volume trend in the coming time frames.
For confirmations, we need to follow the coming time frames.
This coin has seen since MAR month 3 breakdown trend.. the new time frames can make a change for a new uptrend since a long time ago.
SAFE NEW INCREASE VOLUMEHello traders,
SAFEUSDT is showing an interesting reversal pattern that could signal a new trend towards its previous all-time high (ATH) level.
Today, the coin has demonstrated a new trend activation, prompting us to update the idea chart to reflect this increased potential.
There is a high probability that we will see a rise in volume in the upcoming time frames.
Markets are going on their way, and there is not always a reason that the market should move directly. Sometimes it takes more time before the trend gets a confirmation.
there are no guarantees in the market and This idea is not trading advice.
The goal is to check where are the moment possibilities in trading, and the possibilities that the market can have in the coming time frames. ( depending on study and high chance)
Trends Mixed; Overall Neutral Short Term on MarketsSo, as stated in the video, the shorter term timeframes of 30m/1hr/2hr have opened up to lower movements, while the 3hr/4hr/6hr have been violated and would call for a movement back up, but haven't shown that potential movement yet.
We are still in a short term Bullish Zone in accordance with my moving momentum algorithm, but we are very close to hitting below that Zero Line into Bearish territory, especially if we continue to stay low like this. What I may look for is a movement into the Bearish zone, a move upward, and if that movement upward doesn't bounce us back into a bullish zone I may short the market, but we shall see.
Overall long term, I'm curious if the Daily can push below and settle under 5160ish for a Lower Low. It would be the first time in quite some time that we had a lower low on the Daily trend, putting us at risk of getting a lower high Daily rebound that will call for markets to be on a decline.
Overall, The Mag 7, especially NVidia, still continue to mostly carry the market with the bulk of the Dow in neutral territory at best, and the Nasdaq outside of the Mag 7 also neutral. I continue to be concerned about this rally being too narrow and traders continuing to use Mag 7 stocks as safety stashes, and what will happen if they choose to take that safety money out to stash it somewhere else.
Trends into today are;
Last Macro Trend Signal Spots (ES Contract)
30m - 5319 Downtrend (5/28/2024) Lower Low
1Hr - 5313 Downtrend (5/28/2024) Lower Low
2Hr - 5309 Downtrend (5/28/2024) Lower Low
3Hr - 5286 Downtrend (5/23/2024) Higher Low
4Hr - 5286 Downtrend (5/23/2024) Higher Low
6Hr - 5287 Downtrend (5/23/2024) Higher Low
12Hr - 5188 Uptrend (5/6/2024) Higher High
Daily - 5330 Uptrend (5/15/2023) Higher High
Weekly - 4769 Uptrend (12/11/2023) Higher High
Monthly - 5304 Uptrend (03/31/2024) Higher High
Economic Calendar;
GDP Thursday
PCE Friday
Earnings to watch;
Salesforce AMC today
Costco earnings are tomorrow
My sentiment on the market is as follows;
Shorter Term - Bearish
Short Term - Bearish / Neutral
Medium Term - Neutral / Bullish
Long Term - Bullish
Basically, I don't see major risks in the long-term just yet, but the short term is a bag of mixed reactions. Currently in a place I feel we may need to look elsewhere. If you were looking for me to give you a warm and fuzzy on where to trade the ES Futures, I just can't give that today.
Safe trading and remember your risk management.
GOLD FORECASTThe current analysis indicates a Bullish trend for OANDA:XAUUSD , should continue on the secondary channel till 2369, and after that stabilizing above 2369 will continue the bullish trend till 2397. otherwise stabilizing below 2369 will try to reach 2334 and 2306.
Key Levels:
Bullish Lines: 2369, 2397, 2412
Bearish Lines: 2334, 2306, 2281
GBPAUD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPAUD has been overall bearish , trading within the falling channel in red.
At present, GBPAUD is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline.
📚 As per my trading style:
As #GBPAUD approaches the 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
CADCHF - Ready For The Next Impulse 📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 CADCHF has been overall bearish, trading within the falling channel in red.
At present, CADCHF is hovering around the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting the upper bound of the short-term symmetrical triangle marked in orange.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper orange and red trendlines.
📚 As per my trading style:
As #CADCHF is around the 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
DJ30 FORECASTThe forecast for the Dow Jones 30 is now leaning towards a bearish trend. Prices are expected to fluctuate between 40050 and 39564. However, if the 4h candle closes below the pivot line at 39,564, the bearish pressure is likely to continue, potentially driving prices down to 39400 and 38825.
Key Levels:
Bullish Line: 39825, 40050, 40285, 40500
Pivot Line: 39564
Bearish Line: 39400, 39075, 38825, 38445
Gold ( XAUUSD ) analysis www.tradingview.com
On the 4-hour chart, XAUUSD has developed a head and shoulders pattern, indicative of a classic reversal trend. The price is currently hovering around a pivotal support level, with the moving averages suggesting a potential for further downward movement.
A selling opportunity for XAUUSD may arise if the price breaks below the support at 2330, potentially leading to a further drop towards 2285.
GOLD FORECASTThe current analysis indicates a Bullish trend for OANDA:XAUUSD , provided it stays above the PIVOT LINE at 2329, and it's possible to touch 2355 as well then it'll start the bullish trend. The prevailing Bullish pressure suggests that if trading remains above 2329, the trend will continue a strong upward till 2376. otherwise stabilizing below 2329 will try to reach 2306.
Key Levels:
Bullish Line: 2355, 2376, 2397, 2412
Pivot Line: 2329
Bearish Line: 2306, 2281, 2306
DJ30 FORECASTThe forecast for the OANDA:US30USD indicates a potential bearish trend. However, there may be a retest of resistance levels between 38445 and 38600 before the downtrend begins. The bearish movement is expected to target support levels at 37721 and 37499.
Key Levels:
Bullish Line: 38445, 38825, 39075, 39400
Pivot Line: 38000
Bearish Line: 37721, 37499, 37130, 36665
XAUUSD recent updatexauusd is moving so deep down after various FED talks
Gold slumps amid strong US Dollar, high US Treasury yields
Gold prices slump on Wednesday amid rising US Treasury yields, boosting demand for the Greenback due to hawkish comments by a Federal Reserve (Fed) official.
our recent analysis founds 2330-2328 is a strong support area and 2344 act as major pivot due to simple moving average passing through the point and mayor retracement from that area many times yesterday.
above 2344 its a buy
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SPY Fibonacci Price Theory And BreakOut BarsThis instructional video teaches you the basics of Fibonacci Price Theory in conjunction with Breakout Bars and how price is the ultimate indicator.
Throughout this video, I try to provide instruction on key elements related to the Fibonacci Price Theory (Unique & Standout Highs/Lows). Additionally, I've also included Breakout Bars and Fibonacci Price Retracement concepts.
What I really hope you learn from this video is to see price as the true ultimate indicator for your trading decisions. Using technical analysis techniques is fine, but use price as the key element when trying to confirm or reject your trading ideas.
I hope this helps you understand that price, action, and reaction through trends, peaks, and troughs are the most important components of the chart. Everything else is peripheral.
FOXY NEW INCREASE TREND ATHThe main market is stable, and there are low effect on long.
This update is for FOXYUSDT
Depending on the study trend this coin shows possibilities for new increase.
FOXY seems to be at an important key level, where it has a high chance of breaking in the coming time.
We will follow this coin with the possibility of the trend increasing and breaking.
This can be interesting for day trading and long term, it depends on the coming time market view.
Remember, there are no guarantees in the market. Always follow a consistent system based on your own strategies and analysis that are at long-term profitable.
The reason for expecting this coin can increase
Activation of a new trend with the possibility of starting a new cycle.
Good times, everyone.
This update is not trading or financial advice.
BTC - Ready For Some Action?Hello TradingView Family / Fellow Traders,
As per my last analysis, BTC rejected the $60,000 support and traded higher.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
For the bulls to maintain control, a break above the $72,000 resistance is needed.
In this case, a movement towards the $80,000 resistance would be expected.
2️⃣ Bearish - Correction
In parallel, if the last low marked in red is broken downward, we expect the bearish correction to start leading to a movement towards $60,000.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
EURCHF - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bearish, trading within the falling wedge in red.
At present, EURCHF is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline.
📚 As per my trading style:
As #EURCHF approaches the 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