TVC:DXY chart mapping/analysis. Bullish inverse H&S identified on lower timeframe charts, pending breakout confirmation. Trading scenarios into EOY: Inverse H&S breakout = extrapolated move into 23.6% Fib / ~106 horizontal line (yellow dashed) / upper range of descending parallel channel (light blue) confluence zone. Breakout failure = re-test 50% Fib aka...
FX_IDC:AUDUSD chart mapping/analysis. Aussie Dollarydoos struggling to regain bullish momentum after early December peak. Trading scenarios into EOY: Preliminary trading range = ~66.20 to ~65.25. Break above ~66.20 = regain bullish momentum. Bullish target(s) = re-test descending trend-line (white dotted) / upper range of ascending parallel channel...
TVC:USOIL chart mapping/analysis. Crude Oil reversing all gains manufactured by OPEC+ production cuts & Middle-East conflict premiums, while threatening to further capitulate due to growing macro headwinds leading into 2024.. Trading scenarios into EOY: Bullish resurgence = rally above horizontal resistance line (yellow dashed) into 23.6% Fib & upper range...
TVC:GOLD chart mapping/analysis. Gold's massive (algo-triggered) blow-off top killed the bullish momentum - pending further selling pressure if DXY/bond yields decide to rally into end of the year.. Trading scenarios into EOY: Selling pressure towards 50% Fib initial support zone. Bearish EOY capitulation target = Golden Pocket support zone. Expect any...
CAPITALCOM:COPPER chart mapping/analysis. Copper - off its October lows, yet still contending with global macro headwinds & China's difficulty in shaking off its deflationary economic funk.. Trading scenarios into EOY: Prelim trading range = ~3.93 - ~3.73. Under bearish pressure from 38.2% Fib rejections. Bullish reaction to China/macro economic news =...
COINBASE:BTCUSD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
FX_IDC:AUDUSD chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
TVC:DXY chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
CAPITALCOM:AU200 chart mapping/analysis for last week of November. TBC further details/write-up via ideas section, cheers.
CAPITALCOM:US100 chart mapping/analysis for last week of November. TBC further details/write-up via ideas section, cheers.
CAPITALCOM:US500 chart mapping/analysis for last week of November. TBC further details/write-up in comments section, cheers.
CAPITALCOM:COPPER chart mapping/analysis for last week of November. TBC further details/write-up via ideas section.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart USDCHF has been bearish trading inside the falling red channel. However it is currently approaching a strong daily support zone so we will be looking for buy setups on lower timeframes. on H4: Right Chart For bullish momentum to prevail and trigger...
CAPITALCOM:US100 chart mapping/analysis V2. Always good practice to revisit your chart(s) after couple days with a refreshed perspective, to determine whether your initial TA has complimented developing price action, or your drawings need to be updated/overhauled. Revisit updates: Re-adjusted ascending parallel channel (green line) + highlighted middle...
COINBASE:BTCUSD chart mapping/analysis. Bitcoin continuing to march higher & higher after bouncing back in Nov-Dec 2022 off lower range of ascending parallel channel (light blue).
CAPITALCOM:AU200 chart mapping/analysis. ASX following US market lead rallying into ~7000 psychological level (50% Fib) & descending trend-line (light blue dotted) confluence zone.
CAPITALCOM:US100 chart mapping/analysis. Nasdaq 100 Bullish price action front-running S&P 500 into upper range of descending parallel channel (white).
CAPITALCOM:US500 chart mapping/analysis. Ripping bounce off lower range of descending parallel channel (white) into upper range of Golden Fib Ratio (66% Fib / ~4370). TBC consolidation/retracement for further bullish momentum to re-test upper range of parallel channel, or bearish continuation of downward trend.