4H is about to break with the right shoulder of the H&S, while the 1H is bouncing up to complete the right shoulder of the H&S. So I am looking for price to pull back slightly at market open and continue bearish.
Hey, fellow traders! I'm keeping a close eye on CAD/JPY as it looks bearish and could potentially head south. In my technical analysis, I've spotted a trendline and RSI divergence that could indicate slowing momentum, along with a sweet continuation pattern in the price action. If we break the key "support/resistance area," the pair could drop as low as 97.5....
As we approach the upcoming non-farm payroll (NFP) report this Friday, there is a setup on the NASDAQ that's worth noting. However, I won't be taking any trades at the moment due to the potential impact of the NFP report on the market. Nonetheless, I'll still provide some technical insights to keep you informed. It's worth keeping in mind that if the NFP beats...
im just looking at value area swing comparison and its showing alighment with volume weighted anchor that says if we stay over the average price we will be at top of band that lines up with all three indicators.
AUDCHF has been shaping up for another impulse upward as we can see price reacted at the bottom boundary of the HTF breaking out of a reversal structure creating a bullish continuation. Follow your trading plan. Thanks Trade Safe
we are breaking out in spx daily, but are we at swing low in vix? contango is uvxy is matching what it nears as we head for high $4 range where it normally reverse splits 1:10. conveniently that puts us in the expected date range of early february. this VWAP strategy says we may be in for another long entry UVXY as we top out in es1! potentially around ftz 8, and...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on H4: Left Chart EURGBP is over bearish trading inside the falling channel in blue. So we will be looking for trend-following sell setups on lower timeframes. on M30: Right Chart 🏹 Trigger => for the bears to take over, we need a momentum candle close below the last...
Watching where we are currently which is following a definition of a falling wedge reversal pattern. Have an exciting day! Continuation? Or Reversal on the Hour.
Price action has been shaping up for another push upwards as we see price was moving correctively In a falling wedge structure which we know is a reversal structure in nature. Price made a double double which impulsively broke upward forming a continuation correction which we should see further growth on NZD. Find a entry that meets your trading...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per our last ETH analysis, we have mentioned that potential Bullish Megaphone pattern forming. According to the pattern, we are currently on leg #5 🏹 For the pattern to get activated, hence the bulls to remain in control, we need a daily candle close above 1720 In...
NZDCAD has been shaping up for the Impulse phase as we can see on the the HTF price had a strong push upwards now consolidating within a continuation structure. Looking at the LTF, we can see price approached the lower boundary of the HTF in a corrective structure with a strong impulse breakout followed by continuation structure to push price higher. I...
In demand zone same thing. You do you watch any reversals happen. CPI 6.5% & inflation still at 6%. The buys continues and in demand zone should expect big buys and big sell off. Watch any reversals happens and it’s volatile so please becareful, and about 14960 or 15100 should expect a big sell off that’s when we should expect rate cuts & Feds pivot and be on...
Solana is meeting the strongest resistance now inside the 25$ should expect the big rejection for the drop. It’s all on the Feds now CPI 6.5% and inflation still at 6%, Should suppose to see the drop from the pump trap; it’s volatile so please becareful. We won’t see the bottom until end of Q34 of 2023 i to beginning of 2024 that’s when we should expect the bullrun.
AUDCAD has been in a downtrend as we can see price impulsively pushed downward which is now in a bearish correctional phase making lower highs but holding the 0.92 level firmly. Looking at areas of interest, I would like to see price break upwards and complete a larger correction as we add other bearish confluences like a double top and a 3rd touch on primary...
Bitcoin to 26.7K for continuation pattern, of this hidden bullflag that I believe has formed from the leg up on yesterday. 2/15/2023
spot is having a time catching up with price, and this is one of my favorite derivatives. if the turnaround is going to continue to break out, and we pull back to a comfortable level keeping the uptrend daily i would follow the uptrend with leverage. im excited about the current daily pattern being a sign that a snap back to the bulls could happen tuesday, and im...
if we dont collapse completely nasdaq could be a buy in terms of where volume weighted averages and bill williams are. im buying on pullback, breakouts, and im selling a breakdown, resistance from highs. gap down i expect to close and move lower, gap up i expect to close and move higher,mostly flat and i ecpect to see move lower and then get bought up.