Watching out for the possible downtrend/200 SMA false break. Upon breaking the downtrend & 200 SMA, I will be watching 410-440 area for a possible rejection for entry short.
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 107 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDNZD is overall bearish trading inside the red channel, however, it is now approaching the lower red trendline acting as a non-horizontal support zone . Moreover, the zone 1.07 is a strong support zone . So the highlighted purple circle is a strong area to look for buy...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. MATIC is overall bullish trading inside the red channel and now approaching the lower trendline. Moreover, the blue zone around 0.7 is a strong support zone . So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last analysis (below) we were looking for sell setups on USDJPY around an over-bought zone. USDJPY rejected our upper brown trendline and traded lower. Now What? USDJPY is overall bullish from a medium-term perspective trading inside the orange rising broadening...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDUSD is still overall bearish from a long-term perspective trading inside the brown channel, and it is currently retesting the upper brown trendline. Moreover, the zone 0.675 - 0.685 is a strong resistance zone . So the highlighted purple circle is a strong area to look...
This is a trendline I am watching going into the weekend on $SPY The fact we did not test the bottom trendline before retesting the upper, suggest the next leg down will be more aggressive than the previous bear sessions. Also, based on previous bear sessions, we head down -17.50 after rejection within a 50 day window. If we use the same price action, we can...
The Dow Jones Industrial Average Indice is seeing a major runup the past few weeks since the beginning of October. The Dow has seen record gains of 17% since its bottom in Early October. The Dow is now running into some big-time resistance... That is our focus today to dive in to. The 30 companies pushing the Dow up may be becoming overbought indicated from...
ENR showing three big rejections at resistance YTD. Dip coming again. ↘
gmt is currently testing on both daily trend line which is really strong and the previous daily resistance too.so we can see a potencial rejection the it will fall till previous broken resistance which become the support
Welcome back! Let me know your thoughts in the comments! **AUDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your...
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 92 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURCAD is overall bearish trading inside the brown channel, and it is currently retesting the upper brown trendline. Moreover, the zone 1.37 - 1.38 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the...
Nice risk reward trade idea off this current 1hr resistance which also lines up with the other pairs I'm looking at (AUDUSD pullback). Morning star formation on the 1hr so we should see price push up from current price!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for AUDJPY Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for EURCHF Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
After yesterday's candle, downside is looking more probable now. Bulls had a chance to stay above the 20 EMA, but were not successful. At the time of writing, Futures are trading at about 3645ish down 0.82%. Do we visit 3600 today? May 3580? We could dip down to 3570 and recover by EOD to finish back at 3645 or 3600. That would tell me that the market wants to...
Will be looking for rejections on either side of each support and resistance within this consolidation zone we have created on the 4hr.. Possible rejection for a reversal? we never know and id rather be positioning myself for entry's to try catch it if we see that scenario.. but also as always never forget overall downside direction the the different time zones!