Hello , There are more reasons why a correction might occur : Here are some of them : - Stochastic and RSI Close to top on daily and all other lesser time frames. Only ones which disapprove this rule are weekly and monthly, but these apply for longer term strategies - Low volume, still. Volume has increased indeed 40% from yesterday, but still not strong...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for GOLD. 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
At the beginning of this week, the euro is rising, do we consider this to be a reversal of the trend? The answer is no, the current market situation is selling, we should not fight the trend, but corrections can be in our favor. On the EUR/CHF, the price reaches a resistance level and we record the rejection of the area. The overbought RSI indicator helps us to enter
The pair are rising for two weeks, after breaking the bearish trend and the supply level of 164.80. Which is a change of direction price retest the key level Which is a good entry point.
Could we see the DXY target this curve metric all the way to $119? I am using a fractal as a visual for this possibility. This target has great resistance back in 2001 and 2002 as the DXY peaked several times. Interesting to see if we will respect this curved arch all the way through. This arch is parabolic till October 2022 if it respects the metrics.
New support was formed at the level of 1.000 last week, it cannot be taken as a major area, the upside trend in the short term is only a correction for the main bearish trend. The resistance level of 1.020 and its intersection with the trend line 4h and the 0.5 Fibonacci retracement and the moving average of 100 and 200 on the 4H timeframe is a good entry point in...
BTC LONG TERM - On the 1D I think if it closes above 22500 then it could easily go and test 26000. The volatility indicator is extending on the 4H which means it has legs to go further. BTC SHORT TERM - On the 1H it looks like it has retested the resistance it broke (22100) if it closes above 22500 on the 1H i can see it going further upwards of 23000 before we...
Its gold time to take a good profit but you need to see market can go more um where i write revers area but i don’t think so market can reverse from here lets do it
DHAMPUR SUGAR MILL - Short-term Trend analysis 1. V shape recovery, it falls more than 65% from the all-time high... 2. It May be in the over-bath zone. 3. If the stock opens and closes at more than 234 then it may have a short-term up rally. 4. Target is 317 if the market trend reversal. 5. Fundamentally good stock, maybe we can hold for the mid-term for a good...
In my opinion Btc short whit Ichimoku indicatore in next 32h
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 27 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...
BTC LONG TERM - On the 1D there is a red spot but now it is at support and could bounce back up to the topside of the range. There is a green spot on the 4H so if it close's above 19900 on the 4H I can see it testing 20500. BTC SHORT TERM - On the 1H it has closed above the 21 ema for the first time since 4 days ago. What we don't want to see is rejection at this...
The downtrend is dominant, Our main level is the : trend correction breakout area 0.5 fibs level indicators Confirmation double EMA 20 and 50 and RSI divergence
The resistance level on the daily time frame prevents it from completing the rise, fake breakout of the neckline and the key level, and the break of the up trend. good signals to go short
After bouncing from the weak support area, the pair is facing an extreme resistance level, The main bearish trend is confirming the idea of selling. like and subscribe for more daily signals
Bitcoin is during a bull run to 23k in the 4-hour chart. But in case it crashes to 16k. we may see a new bear run.
BTC LONG TERM - The bullish divergence looks like it's playing out on the 1D and close above the 21 EMA yesterday which means it could go and test the 55 ema at 25000, so I don't think this bounce is over just yet. BTC SHORT TERM - On the 1H it looks like it wants to put in a temporary top and pull back a little bit. There is a tiny bit of bearish divergence too,...
Macroeconomic backdrop:: With sentiment in markets rising slightly from peak fear, due to recession fear provoked significant pull backs in commodity prices. Providing a likely reprieve in expected rising inflation concerns. This might in turn, influence central bank interest rate decision makers, too slow the rate in which they hike rates. Although we can only...