It's been a long time ago, that Yahoo had any value in browsing the internet. I don't think they are really "up to date", but from a pure technical view this long setup could work. We've established on the weekly timeframe a clear higher low - waiting for the higher high now.
This is an analysis that I hope that it ages well, as I am starting a long term position in gold today and adding this asset to my investment portfolio. Therefore, this is not a post about an isolated trade, with a specific expiration date or focused on the short-term. In fact, from a trading point of view I have already lost some great entry opportunities,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BTC has been boring for the last couple of weeks as it is stuck inside a range. 📉 The range is getting narrower because BTC is forming lower highs and equal lows as a descending triangle pattern. As per the textbook, the descending triangle is usually a bearish...
In order to construct the slow stochastic I changed the parameters to 100/10/5, this creates a slower stochastic which is better suited to detect long-term shifts in trends. In all of Bitcoin's history, this slow stochastic has crossed the 30-line from below only 4 times. The previous 3 times all signaled the start of a new bull-run. Three weeks ago, we had...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were waiting for XRP to approach the 0.42 zone to look for buy setups as it was the intersection of three rejection zones. Now XRP rejected our purple zone and traded higher sitting around the upper red trendline acting as...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for sell setups as GOLD has been sitting a strong resistance zone. Now XAUUSD is approaching the lower trendline from Daily. Moreover, the blue zone is a previous high turned into a potential support. 🏹 So...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been overall bullish from a long-term perspective trading inside the rising broadening wedge in red. After rejecting the 2000 resistance, ETH has been in a bearish correction trading inside the falling orange channel. 🏹 Here is why the 1700 - 1750 zone marked by...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPJPY has been trading in range between our blue/green support and resistance zones. Lately, from a medium-term perspective, GBPJPY has been bullish trading inside the rising broadening wedge pattern and it is currently approaching the upper red trendline. Moreover, the...
After it found the bottom at 0.76 back in October '22, NzdCad has started to rise and with the 0.83 break it also confirmed the reversal to an up trend. The high of 0.88 back in December is followed by a correction and confirmation of 0.83 as new support. The drop from 0.88 to 0.83 is contained in a large 5 months flag which at this moment seems complete. A new...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. XLM has been stuck inside a big range in the shape of a flat rising broadening wedge and it is currently approaching the lower bound / red trendline. Moreover, the zone 0.08 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for sell setups as EURCHF has been sitting around the upper brown trendline. Now EURCHF is approaching the lower bound trendline. Moreover, the blue zone is a strong support. 🏹 So the highlighted purple...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last BTC analysis, I have mentioned that if we break below the green previous low, we will be expecting a movement till the 25,000 support. 🏹 Here is why the 25,000 zone marked by red circle is a strong support: 1- Round number => 25,000 2- Classic Resistance Zone...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCAD is overall bullish trading inside the rising channel in red. Moreover, the zone 1.68 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...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we have been waiting for the bulls to approach the green major low to look for buy setups. BTC is now sitting around that green area and since the daily candle hasn't closed below it, we will be looking for buy setups. 🏹 ...
- MMSM confirmed as we have taken buyside and pulled into a premium in weekly range - 1.05161 is the target
HI TRADERS ✌ ▪️ In the daily time frame, as you can see, the price faced selling pressure from the OB- range and is currently trading in the range of 26,400.📊 📈The scenario we can consider is that if the price penetrates below the range of 26,200 in the daily time frame and stabilizes. I expect that the price will be corrected up to the range of 24,600, then...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🏹 Here is why the 1700 - 1750 zone marked by purple circle is a strong support: 1- Round number 1700 2- Classic Resistance Zone Turned Support 3- Lower red trendline acting as a non-horizontal support 4- Lower orange trendline acting as oversold zone 5- Demand zone 📈 As...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart) USDCAD rejected our upper red trendline and supply, and traded lower. Now USDCAD is approaching the lower bound of the symmetrical triangle again so we will be looking for buy setups on lower timeframes. Moreover, the green...