My bias for GU this week is centered around anticipating a pullback to address the imbalances left behind. This week has witnessed a significant bearish trend for the dollar, leading to increased bullish pressure on GU. Given this scenario, it's evident that price hasn't experienced a healthy pullback yet, which is overdue. Therefore, I'll be patiently waiting...
🔍Aave's price action in the weekly timeframe indicates the possibility of breaking out of its 658-day consolidation phase, potentially initiating an upward trend. ✅After breaking its trend line, the price has surged by 100%. Although it faced rejection from the 110-120 supply zone initially, a second attempt with significant volume and bullish candlestick...
Overall, we have been bearish. However, for the past few days, we have been making higher highs (HH). I'm looking for a continuation of a short-term bullish run to target around 2045.00. We will plan accordingly with whatever the market shows us and stick to our trading plans.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📚 Here is a detailed update top-down analysis for #BTC. 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
After reaching a supply zone for the GBP may be it is time for correction. There is bearish divergence on the RSI 1H timeframe which I am thinking is going to happen. The TP zone could be the eclipse which is on the resistance zone. The other important thing is that the 200MA could be support zone which is not sure that the price will break. Do your own reasearch...
After a bullish rally for the AUD there was a correction which wasn't reach 0.5 FIBO. Now the price is moving to down side which is positive for JPY. It is good idea to look for double bottom combined with candlestick pattern ot diviregence on some of oscillators and the entry could be a good for long position. Very important is that we expect new for the AUD...
After forming of the desceding channel the price reached to supply zone combine with resistance line. The resistance line is not so hard because the prices have touched it only 2 time and now is the 3rd. Everything depends on the data which eurozone will share. If they are positive for the EUR then may be after a retest, an idea for long position will be great. If...
GBPAUD - there was a good correction to 0.5 FIBO which you could see on the chart. Also the zone of eclipse was so close to 200MA and diagonal resistance. The price reach out the supply zone which is strong one and if it breaks the zone, the possible entry should be taken in mind. The best entry is after retesting of the supply zone which may be will become demand...
📈✅Bitcoin is the largest cryptocurrency by market capitalization. It has been on a bullish trend since the beginning of the year. 🔍Bitcoin has broken out of the primary resistance at $30,750 and has started a new primary trend. The price is currently in a very important supply zone near the ATH and we can expect a correction or pullback. 🚀The ascending channel...
After a breaking of the main bullish trend, there is a quick short movement. The price did a correction to 0.5 of Fib + supply zone combined with resistance line. This could be followed by a quick short movement to demand zone where doble bottom could be formed. There is a risk because the main movement is upwards and the correction of the main movement was done...
This is my demand zones for US30, it has been a long time since I traded US 30, but it's looking very bullish! We have made some new highs and expect to keep pushing! The target could be 40000 in the longer term since that´s a round number and a psychological level.
These are the zones I will be looking for in GU! GU has not shown me any strength to the upside lately, so as long we are respecting the supply and demand zones we can sell and buy. The week is gonna show us some potential moves based on the news from the dollar. So respect the news, check the data and the zones, and trade outside the news. News can bring both...
We can see that gold seeks the buysideliqidity, which would mean some bullish pressure. I have these demand zones that would be premium buys, but we also have to consider the huge imbalance price created this past friday! Confluences for buys is! - Gold is very bullish on the higher timeframe and we have predicted it to smash some new highs in the future! - Gold...
Overall the trend should be our friend. NZDUSD is in big bearish trend and after a sharply down movement it is time for a tiny correction. There is a bullish diviregence on the RSI 1H time frame, which may be is going to happen. Once the correction is done and the price hit supply zone it is good idea to look for a enter after candlestick confirmation or bearish...
After a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 USDCAD has been overall bullish, trading within the rising wedge in blue. Currently, USDCAD is rejecting the upper bound of the wedge pattern acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone at 1.36 marked in red. 🏹 Thus, the...
The GBP/USD pair made an effort to hold the 1.2650 level in early Monday trading in Europe, despite a rebound in the US Dollar driven by risk-averse market sentiment. Traders are now looking forward to a speech by BoE's Chief Economist Huw Pill and US housing data for fresh momentum. From a technical standpoint: The convergence of the 34 and 89 EMA around the...
My Zones for GU this week is just some simple supply and demand zones and some liquidity zones. I will be watching orderflow closely when i enter trades since we begin to slow down a bit in price action and are in a range. I will be using the daily and weekly open as extra confluence as usual for my day-to-day setups and the zones for a Wyckoff schematic setup.