Watch NVDA at this opening reversal zone. Potential to keep dipping to 417 on a market-open fakeout. I will add more insight later. But watch this play.
If you remember my post from earlier this/ last week, my max dip on NASDAQ:AMD short term was 96-97. This is exactly where we're opening today. Expecting a small reversal that which the strength of will wholly depend on CME_MINI:ES1! CME_MINI:NQ1! AMEX:SPY NASDAQ:QQQ 200 SMA bounces are usually very strong. When price starts heading below this SMA,...
Just a recap of this trade so far: Posted this @ 108 calling for a bearish rejection. After it failed to bounce from 101-103, I was certain it'd head over to 95-98, or the bottom TL at most. When we hit the bottom TL, I called for a buy signal @ 95. Will tag all these for proof. Now we are at the top TL, which is the ultimate PT from 95. We hit this in...
This move is highly unsustainable for NASDAQ:QQQ - I called a bull run this morning @ 10 AM. We are up +2% almost on AMEX:SPY SP:SPX AMEX:DIA - watching for pull back now on buyer weakness and reality setting in. But why TSLA? Why not NASDAQ:NVDA or NASDAQ:AMD ? TSLA had "bad news" today With a market pull back, TSLA will get smacked the...
Don't chase. A pull back can be violent. Better off getting puts for a daytrade than chasing calls here. Good luck. Trade carefully.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDJPY has been overall bullish trading inside the rising broadening wedge pattern in red, however it is currently approaching around the upper trendline. Moreover, the zone 150.0 is a resistance zone and strong round number. 🏹 So the highlighted purple circle is a strong...
EURJPY has been trading in a range between 157.139 and 159.336 since early August. Earlier this week, price finally broke below the lower range boundary and it looks like price will remain below it. I currently have a bearish sentiment. Although price may take a pause post-breakout, I anticipate continuation to the downside will remain likely as this reversal is underway.
Price made the original high on September 27th. A few days later, a retest of the high occurred on October 3rd. After today's New York close, price continues to push to the downside. As long as price holds below the labelled neckline at 0.91492, I believe we can expect a bearish outlook.
Reasons for short: - Head and Shoulders formation - Bearish Divergence on RSI - Bearish reversal signal on FRSI - Price crossed below the whipsaw-resistant trend cloud signalling the beginning of a potential downtrend Levels: Entry - $0.4687 Take Profit - $0.3267 Stop Loss - $0.4999
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After rejecting the 1500.0 support zone, ETH has been overall bullish trading inside the rising wedge in blue, and it is currently approaching the lower bound of the wedge. Moreover, the zone 1600.0 is a support zone. 🏹 So the highlighted blue circle is a strong area to...
System has identified a “REV” playbook setup and a potential “inside bar momentum” shift market entry during pre-market of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying...
Nas100 is at a daily support zone Its just above previous weeks low. Price looks to have rejected Daily Zone. Stop Below possible low of week.
Island reversal pattern forming for Home Depot NYSE:HD ? Started in Feb 22 almost a year ago after earnings report. If it completes, exceeding 339, then it will be a bullish reversal and 400-420 will be in play. So for next earnings it's possible that price will gap higher. Still watching though. This is not advice. Do your own research and trade your own plan!!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Bitcoin has been overall bullish trading inside the rising channel in orange, and it is currently approaching the lower bound of the channel. Moreover, the zone 27,000 is a demand zone. 🏹 So the highlighted orange circle is a strong area to look for trend-following buy...
System has identified a “REV” playbook setup consisting of a trend line break and multiple attempts to possibly capitulate using a broken inside bar “momentum” entry during the third hour of the ASIA 12-Candle Window. RISK: 1R TARGET: 4R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system...
Greetings, TradingView Family! This is Richard, also known as theSignalyst. As per my last BTC analysis, we know that the bulls took over by breaking above the 26,500 high. 📈 For now, the bulls remain in control and we are expecting a movement till the 29,000 supply zone in orange. 📉 Unless the bears manage to take over by breaking below the 27,800 support in...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. XAUUSD has been overall bearish trading inside the falling channel in blue, and it is currently approaching the lower bound of the channel. Moreover, the zone 1800.0 is a strong support, demand and round number. 🏹 So the highlighted blue circle is a strong area to look...
Daily Chart I figured out Inverse Head Shoulders that's reversal pattern with neckline is broken and below price now. OP is trading at 1.36x and I expect OP will go up to 1.63 and higher after completed reversal pattern Wait for next move