Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPNZD has been overall bullish , trading within the rising channel in blue. Currently, GBPNZD is in a correction phase, approaching the lower bound of the channel. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong area...
AUDCAD is in an uptrend in the 4-hour timeframe and seems to be following a rising channel. In the short-term, it was in a downtrend in the 1-hour timeframe, where it was respecting a downward trendline. The price was unable to break the lower line of the channel and formed a very strong hammer candle. It went ahead and broke out of the downward trendline. I see...
Hi guys, this is my overview for GBPUSD, feel free to check it and write your feedback in comments👊 Some days ago price broke $1.2615 level and entered to resistance area, where some time traded and later bounced up. After price rose to $1.2885 points, it started to decline inside the falling channel, which fell to $1.2615. Later GBP broke $1.2615 level, after...
After a test of a strong horizontal resistance, Dow Jones broke and closed below a support line of a rising parallel channel on a 4h time frame. We can expect a retracement to 38230 / 38066 ❤️Please, support my work with like, thank you!❤️
Here I have the DXY on the 4Hr Chart! For the past 2 weeks, Price on DXY has been steadily falling! With our Highs and Lows marked, we can see that Price is outlining what looks to be a Descending Channel! If price continues to follow down this channel, I suspect that the ( 105.53 - 105.025 ) Support Zone will be the area price will Most Likely find support to...
Recent Achievements: DXY has reached our previously set targets as mentioned in DXY Descent Alert: Path to 102.800 - 102.280 . Post-achievement, the focus was on determining the subsequent direction of DXY. Trend Line Breakthrough: Following its last ascent, DXY broke through the monthly trend line, a detail observable in our previous analyses, peaking...
showing .78% retracement of earlier high now making upward channel
Expecting to go long after retracement. Waiting for price to establish a clear bullish signal as clear confirmation bias. This is because we also expect price to continue in the direction of the uptrend by retesting the recent higher low near last week low, keeping in line with the overall trend and Elliot Wave analysis
FX:XAUUSD is breaking the bullish trend structure, earlier I pointed out that the market is preparing for a reversal amid liquidity capture at the expense of buyers. The market is testing support for a breakout Idea from April 19: GOLD → One step away from a correction? What's going on? Selling since the opening of the session. Price is testing local lows...
DHANUKA formed a descending channel pattern on daily chart. Price broke out resistance with strong bullish candle. Also note the volume on breakout that is above average. Multiple support and resistance were tested before the breakout. There was a strong runup prior to formation of this pattern showing buyers interest. Formation of hammer candlestick pattern prior...
BTCUSD Elliott Wave Technical Analysis Mode: Corrective Position: Wave (iv) of (c) Direction: Wave (iv) of (c) is still in play Details: Wave (iv) is still in play which I expected to be end around 66-67K. Next Direction: Wave (V) which will complete the next higher Degrees Wave (c) Target : the area between 60-58k Wave Cancel invalid level: BTC going above...
Hello Traders and Investors, today I will take a look at the Nasdaq. -------- Explanation of my video analysis: For more than 10 years the Nasdaq has been trading in a pretty obvious and also profitable rising channel formation. We saw the last retest of support back in 2023 which was followed by a significant rally of +70% towards the upside. As we are...
I'm just a simply man.weekly retest of slopping red resists line hold green support line above $2 as support and WE move up and to the right.
4h/1h time frames analysis for Gold. Price action analysis, key levels. Potential scenarios. Trading plan explained. ❤️Please, support my work with like, thank you!❤️
APPLE NASDAQ:AAPL | APPLE BEARISH PRICE CHANNEL - Apr. 9th, 2024 BUY/LONG ZONE (GREEN): $173.50 - $181.50 DO NOT TRADE/DNT ZONE (WHITE): $168.15 - $173.50 SELL/SHORT ZONE (RED): $161.50 - $168.15 Weekly: Bearish Daily: Bearish 4H: Bearish NASDAQ:AAPL price has been slowly moving through my previous DNT zone but was taking some time. I decided to make a new...
FX:EURUSD is forming a bearish trend amid a fundamentally strong dollar index, which is in a bullish rally phase, which is generally negative for the euro. Price broke a strong support line earlier on the global timeframe. Consolidation is formed below the line, which in general determines for us a medium-term perspective, the target of which may be 1.052,...
🏃♂️ USDCAD is moving in a Descending Channel and is currently near the Uptrend line and🟢 Support zone(1.3704 CAD_1.3618 CAD) 🟢. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect USDCAD to rise to at least 1.384 CAD after breaking the upper line of the descending...
GBPCAD broke and closed below a key daily structure support on Friday. The broken structure turned into a resistance. Today, we see its retest. The price formed a tiny horizontal range on that on an hourly time frame. Its support violation is a strong intraday confirmation. I already shorted the pair. Goal - 1.6966 ❤️Please, support my work with like, thank you!❤️