EURAUD: Ascending Trendline BreakThis is a counter-trend trade as I see exhaustion on the daily timeframe.
Daily Timeframe:
I plotted an ascending trendline on the daily timeframe. Price attempted to push to a new high on August 20th, but failed to hold. That was the first indication that the uptrend might be over.
The signal occurred when price crossed below the ascending trendline. Currently, the daily bar is active. If the current bar manages to close below the ascending trendline and tomorrow's daily bar does the same, it's safe to say that we can expect further downside.
H4 Timeframe
The bearish signal is also supported on the 4-hour timeframe. In the intraday timeframe, price made a "double top" indicating that it's not able to push higher to the upside. I'm anticipating that momentum will build up throughout the rest of the day and into tomorrow as well.
Trend
NEO - Will the Bulls take over?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NEO has been overall bullish trading within the flat rising channel marked in blue.
This week, NEO has been retesting the lower bound of the channel.
Moreover, the green zone is a strong support and structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower blue trendline and green support.
📚 As per my trading style:
As #NEO approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Gold | H1 Double Bottom | GTradingMethodHello Traders.
Welcome to today's trade idea by GTradingMethod.
🧐 Market Overview
Gold has been making higher highs while RSI has been making lower highs, which is known as negative RSI divergence. This is an indication of weakening buying strength. For further confluence, this potential double top is at the ATH level, which could provide further resistance.
📊 Trade Plan
Risk/reward = 2.9
Entry price = 3 497.6
Stop loss price = 3 515.5
Take profit level 1 (50%) = 3 456.4
Take profit level 2 (50%) = 3 431.9
💡 GTradingMethod Tip
Always predefine your risk for every trade and always accept this risk. If you accept the risk, there can be no emotional pain. If you do not get emotional, you will interpret the market's information objectively.
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and please share your thoughts - I would like to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
Dow Jones Holds Pressure Under Pivot Zone 45,530–45,590US30 – Overview
The Dow Jones remains under bearish momentum, having stabilized in the bearish zone with downside potential toward 45,285.
Technical Outlook:
🔻 Bearish scenario: As long as price trades below the pivot zone 45,590 – 45,530, pressure will remain to the downside, targeting 45,430 → 45,285 → 45,100.
🔺 Bullish scenario: A reversal and stabilization above 45,590 would open the way to 45,680, and a confirmed breakout higher could extend toward 45,860.
Key Levels:
Pivot zone: 45,530 – 45,590
Support: 45,430 – 45,285 – 45,100
Resistance: 45,680 – 45,860
📌 Bias: Bearish below 45,530–45,590; bullish only above 45,590 with confirmation.
Break or Bust — ETH betwen Support vs. Overbought 4‑WeekETH sitting at the 20‑day Leavitt MA while hitting strong resistance — overbought of 4‑week RSI.
If price breaks and closes above $4,630, trend continuation is likely.
If price breaks below $4,000, expect a drop toward $3,800 and possibly $3,360.
Technical notes:
Use the 20‑day Leavitt MA as your short‑term trend anchor.
Watch for a confirmed daily close above $4,630 to signal continuation (entry on retest or momentum breakout).
A daily close below $4,000 invalidates the bullish case; targets: $3,800 then $3,360 (scale stops and size accordingly).
Manage risk with stops outside breakout levels and position sizing for potential volatility.
SOL - Retest the Zone, Reload the Longs!Solana continues to trade within a well-defined ascending channel on the daily timeframe. After a strong bullish leg, price is now pulling back toward the highlighted support zone, which also aligns with the lower bound of the short-term channel.
As long as this area holds, it offers an attractive spot to look for fresh long opportunities. A confirmed bounce here could set the stage for continuation higher toward the channel’s upper boundary.
The structure remains bullish, and dips into demand are where the best risk-to-reward setups lie. Keep an eye on this zone for the next move.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk management, and trade execution.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Gold Keeps Searching for New HighsHello everyone, what are your thoughts on OANDA:XAUUSD ?
Gold continues to surprise us one move after another. As the new week opened, the precious metal recorded a historic breakout, trading near the $3,500 level amid ongoing global economic turbulence.
From a technical perspective, XAUUSD maintains a solid bullish structure, breaking past key resistance levels. The EMA 34 and 89 both confirm that there is still plenty of room for further upside. This rally not only reflects the market’s “gold hunting” sentiment but also opens major opportunities for traders who can catch the right wave.
So, how should we trade? At this sensitive stage, buyers may find it difficult to identify an ideal entry point. For sellers, no new top has yet been confirmed. That’s why it may be safer to wait for clearer signals—whether gold sets a new high or establishes fresh support. For short-term traders, make sure you set both SL and TP with a ratio of 1:1 or 1:2.
In addition, there are several news events this week and in the near future that could further impact gold’s trend. I’ll cover these in upcoming analyses, so stay tuned.
And you—what do you think about XAUUSD’s direction? Leave a like if you agree with my view, and drop a comment if you’d like to share your thoughts.
Good luck!
AMD — Watch for Pivot Reversal or Trend ContinuationMarket view
Actual volatility is high, confirmed by the Volatility Bars indicator.
The rate of change in the SMA is decreasing, suggesting momentum is weakening.
The previous candle was a Doji, indicating short-term indecision.
Price closed below the prior day’s low, adding bearish pressure.
A potential Pivot Point reversal is forming.
This reversal setup is confirmed by increasing Convolution Probability, supporting a higher chance of a directional move.
Trade plan
Long (trend continuation): buy on a break above the August 19, 2025 open.
Short (reversal): sell on a break below the pivot reversal at 158.25.
Stop-loss and position sizing: use volatility-based stops (e.g., ATR multiple) and risk no more than a small fixed percentage of capital per trade.
USDCHF - Demand Zone Meets Falling Wedge!USDCHF is approaching a key demand zone while trading inside a falling wedge pattern.
The price is now retesting the intersection of support and structure, a high-probability area where buyers may step in.
As long as this zone holds, I’ll be looking for long opportunities targeting a potential bounce back toward the upper boundary of the wedge.
⚠️ A break below the demand zone would invalidate this bullish setup and open the door for lower levels.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Review and plan for 1st SEPTEMBER 2025Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
USDCAD – Shift in Momentum!USDCAD has moved from a strong bullish rally into a clear shift in momentum. After breaking structure with an aggressive drop, price is now moving inside a rising channel that looks more corrective than impulsive.
The previous bullish phase was defined by higher highs and higher lows, but the sharp decline highlighted a potential change in sentiment. Since then, the market has been consolidating, with price pushing higher in a slower and corrective manner.
As long as price remains inside this channel, the bias stays bearish, and I’ll be looking for shorts from the upper boundary around the 1.3880–1.3900 zone. A break below the lower bound near 1.3820 could confirm continuation to the downside.
This is a critical zone for USDCAD, where sellers may step in to regain control.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Tesla (TSLA) — Symmetrical Triangle Breakout IdeaSummary
Pattern: Symmetrical triangle on daily chart.
Expected timeframe for breakout: Within 1–2 weeks.
Targets: $367 on an upside breakout; $273 on a downside breakout.
Risk management: Use a stop-loss just outside the triangle after breakout confirmation; position size per your risk rules.
Setup & Rationale
A well-defined symmetrical triangle has formed on TSLA’s price action, characterized by converging trendlines connecting lower highs and higher lows. Volume has contracted inside the pattern, consistent with consolidation. Symmetrical triangles are neutral continuation/reversal patterns; the breakout direction provides the trading signal.
Key technical points:
Price is approaching the apex, increasing the likelihood of a decisive breakout in the next 1–2 weeks.
Volume decline during the consolidation and a volume spike on breakout would confirm conviction.
The breakout should be taken after a daily close beyond the upper or lower trendline (or after a retest), not merely intraday probes.
Entry Criteria
Upside trade: Enter long on a daily close above the upper trendline (or on a confirmed retest).
Downside trade: Enter short on a daily close below the lower trendline (or on a confirmed retest).
Targets & Measurement
Measure the pattern height (vertical distance between the initial high and low of the triangle) and project it from the breakout point.
Upside target (projected): $367.
Downside target (projected): $273.
Adjust targets proportionally if you use a measured move from the actual breakout point rather than the pattern’s maximum height.
Stops & Risk Management
Place stop-loss slightly outside the opposite trendline or beyond a recent swing point to avoid false breakouts.
Preferred approach: fixed-risk percent per trade (e.g., 1–2% of portfolio) and scale position size accordingly.
Consider tightening stops to breakeven after price clears ~50% of the distance to the target.
Confirmation: daily close beyond trendline plus above-average volume (up or down depending on direction).
Symmetrical triangles are neutral; false breakouts occur. Wait for confirmation.
News, earnings, or market-wide events can invalidate technical setups quickly—monitor catalysts.
Adjust targets/stops if volatility expands or if the breakout lacks volume confirmation.
GBPNZD: Trend ContinuationAugust has been a slow month, which I'm hoping volatility with pick up in September. While most pairs have been ranging, GBPNZD has a relatively cleaner trend.
Daily Timeframe:
Over on the daily timeframe, price crossed above a key level that it held below for several months. After crossing up, it found another minor resistance level, which it made another clean break above.
Given the clean breakouts above the resistance levels, this is an indication that the market is pretty one sided. We're not seeing fakeouts or any other indications that sellers still want control.
Hourly Timeframe:
The intraday timeframe is used to optimized my proposed entry. There are two key details here.
The EMA20 is crossing above EMA 60, which is an indication confluence where the intraday trend is aligned with the daily trend.
The pink trendline helps indicate the end of the counter-trend movement. When price crosses above this trendline, it also indicates that I can expect further upside (or that it's very likely).
AUDJPY - The Bears Are Still Strong!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been overall bearish trading within the falling broadening wedge pattern marked in red and it is currently retesting the upper bound of the channel acting as a non-horizontal resistance.
Moreover, the blue zone is a strong resistance.
📚 As per my trading style:
As #AUDJPY retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDCHF – Bearish Channel, But Bulls Eye This Zone!USDCHF has been sliding within a falling channel 📉 , keeping the broader outlook bearish. Yet, the pair is once again testing the 🟩 demand zone, an area that has acted as a strong base in the past.
If buyers manage to hold this level 💪 , we could see a short-term rebound toward the upper bound of the channel.
For now, the plan is simple: while the macro bias stays bearish, this zone offers a potential window for trend-following longs before the sellers step back in.
⚠️ Risk management remains key, as a clean break below the zone would signal that bears 🐻 are tightening their grip.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDCHF: Downtrend MomentumSimilar to NZDCAD, there's a very similar signal on NZDCHF.
Daily Timeframe:
Unlike with NZDCAD, price broke through support very cleanly. It is currently holding below with no indication of a fakeout.
Likewise, EMA20 remains firmly below EMA60, which is the other indication that this is a downtrend.
Hourly Timeframe:
I use an ascending intraday trendline to indicate when the counter-trend movement is coming to an end. As price breaks below the intraday trendline, that's a good indication of confluence in the overall trend direction.
The EMA crossover is not great, which is a little bit of a concern to me. Will need to reduce risk and potential scale into a position depending on how this trade goes.
NZDCAD: Price Holding Below SupportNZDCAD has been in a messy daily range. The daily levels do not hold cleanly. However, I do think there's an opportunity here regardless.
The first trendline break indicates weakness. The second trendline break is cleaner as price is able to hold below this level on the daily timeframe.
Looking at the intraday timeframe, I plotted a trendline to look for confluence. Price crosses below this trendline and is somewhat supported by an exponential moving average crossover.
There is an opportunity to scale into this trade provided that it starts trending cleanly.
S&P (CASH500) | 30min Inverse Head & Shoulders | GTradingMethodHello Traders.
Welcome to today’s trade idea by GTradingMethod.
🧐 Market Overview:
Following Friday’s sharp rally after Jackson Hole, the S&P 500 may be forming a bull flag. If confirmed, this setup could drive an equal measured move higher, with the inverse head & shoulders pattern acting as a potential breakout structure.
📊 Trade Plan:
Risk/Reward: 3.6
Entry: 6460.1
Stop Loss: 6453.8
Take Profit 1 (50%): 6481
Take Profit 2 (50%): 6489
💡 GTradingMethod Tip:
Always wait for confirmation of breakout patterns to avoid false moves.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
ETH – History Doesn’t Repeat, but It Often Rhymes!Ethereum has officially broken out above its previous ATH structure, entering a new price discovery phase.
📅 In 2018, ETH peaked, then spent years consolidating in a broad range before launching into the 2021 bull cycle.
Once the 2018 ATH was broken, ETH rallied nearly +250% in discovery mode, printing its 2021 ATH.
🏹After another extended range, ETH is now repeating history: breaking out again with room for another price discovery rally.
⏱️If ETH mirrors the last cycle’s percentage gain, the next optimistic target sits around $17,000–$18,000, aligning with a potential +250% leg from current breakout levels. 🚀
Cycles may not repeat perfectly, but they often rhyme — and Ethereum’s structure suggests we could be on the verge of another explosive move.
What do you think — can ETH surprise the market again this cycle? 👀🔥
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr