Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDCHF has been overall bullish, trading within the rising channel in red.
Currently, AUDCHF is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone at 0.585 marked in green.
🏹 Thus, the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
USDCHF has been trading within a defined range and is presently showing resistance. Consequently, we will be focusing on identifying sell setups on lower timeframes.
on H1: Right Chart
For bearish momentum to prevail and trigger our sell setup, a...
Looking at the market in daily time frames.. we can see waves moving as we predicted. I am looking forward to wave 3 ending, seeing an ABC correction, and then seeing a higher number for wave 5.
Also, I'm bullish on GBP/USD in the long term .. any downward movement is a chance to get on the train ..but remember, this market is all about probability. It's good to...
For today I'm looking at EUE/NZD .. price is moving in a trading range. I'm looking at the price and waiting for a signal to enter sell positions .. breaking RSI dynamic line, or make a candle pattern .. that's what I'm looking for, and following a price to support zone.
Remember, money management and risk management. That's the only way to win in this game.
Ps....
The supply area ahead is very attractive to me.
I will wait for the price reaction to this strong area and enter a sell position with appropriate confirmations
As you can see, the exit of powerful candles from the order block area shows the strength and importance of this area
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPCHF is stuck inside a range in the shape of a symmetrical triangle so we have been trading the range as per my last three analysis (attached on the chart)
Now GBPCHF is sitting around the upper trendline again, so we will be looking for sell setups.
Moreover, the blue...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURUSD is overall bullish trading inside the flat channel in red.
Moreover, the zone 1.06 is a support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline.
As per my...
Still, the same long-term perspective on gold as I mentioned in my last gold long-term analysis
I was looking for a rebound and a bull run to the upside which happened previously, however, it is just a correction in my point of view for the main event and the primary meltdown on gold...
As I am monitoring the current bull run on gold in the lower time frames...
Looking for a rebound on BTC for the weeks ahead to create one last bullish drive to the upside to 24500 or 26300 which depends on the current BTC rebound as highlighted with arrows
Then creating an opportunity around the area for the big bearish run all the way to the origin of the current bull run or even creating a new low on BTC
BTC Long-Term Perspective
After testing the price ceiling and inability to break the ceiling, it will enter the downward trend and move towards the bottom of the sideway range.
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do...
The Friday's news had a big impact as we saw an impulse rise that continues right now.
A break of the previous high destroys selling opportunities and signals further rising.
Current levels are not suitable for trades. We need to see a correction before looking for new entries.
This way we will have a good ratio, aiming for a break of 1.0713 and heading towards 1.0800!
Yesterday we saw another drop to the previous bottom at 1,0518. An important news is coming up today, so be careful.
Job data is published every first Friday of the month. The news has tremendous impact on the market so we must be prepared.
We expect the downside move to continue towards next target at 1,0440.
It is possible to see enormous fluctuations and...
After the drop yesterday we saw a correction to 61,8 on the previous movement.
From these levels we will watch for another drop and break out of 1,0518.
Not direct sales are aimed, but a signal from a candle and entry confirmation.
Upon a break out on the previous low the goal will be 1,044.
I spotted a nice scalping setup on AUDCAD pair.
The price reached a confluence zone based on a horizontal key level and 0.5 retracement.
A double top formation was formed on that on 1H time frame.
Its neckline is already broken.
The pair may drop now.
Goals: 0.915 / 91.2
❤️If you have any questions, please, ask me in the comment section.
Please, support my...
We expect a drop on EURUSD in the last active trading week.
The movement has already started on Friday after the news.
The first target we expect to reach is 1,0518.
Further corrections are possible and the SL remains above 1,0735.
Take profits and high volatility are possible at the end of the week.
During the NFP last week we saw decline of more than 100 pips but it was recovered very quickly.
This gives a chance for further increase towards 1,0615, where we will watch how the price react.
Before the entry it is recommended to see test and pullback from 1,0545.
No grounds for sell around these levels.
Upon reaching and crossing 1.0615, we will watch for...
