$ES New All Time High ExpectedOur projected path for CME_MINI:ES1! to take out the January 2022 High which also happens to be the All Time High. We are using a range from a Weekly Volume Imbalance and a Weekly Bullish Order Block combined to give us a price range between $4190-$4288 to find long positions. This price range is also in a discount for the current weekly price leg; giving us more reason to look for buying opportunities here. Look for price to reach this are late August or early September. We will post a smaller time frame once we get into this area and we see a favorable trade. We will take a small swing position but we are more excited to ride the price legs to the new high through intraday trading. We have used Fibonacci Projections to give us $4854 as our first target.
Just for fun we want to call $5092 as the 2023 High of The Year. Leave your best guesses for the 2023 High below :)
Happy Trading,
BlackOakCapital
Longterm
BTC - Trio Retest 3️⃣ Be Ready!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I find the daily chart for BTC to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST
Here is why the last orange circle is a strong zone to keep an eye on:
1 => Overall Trend
BTC has been bullish medium-term trading inside the rising broadening wedge in orange and now approaching the lower bound / trendline acting as a non-horizontal support.
2 => Support Zone
The blue zone is a previous resistance turned into support and a Demand Zone.
3 => Oversold Zone
BTC is bearish short-term trading inside the falling channel in red and now approaching the lower red trendline which I consider an oversold zone.
As per my trading style:
As BTC approaches the orange circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break, and so on...)
📚 Hope you find this post useful. It's important to always adhere to your trading plan, including entry points, risk management strategies, and trade management techniques.
All Strategies Are Good; If Managed Properly!
~Richard
Disclaimer: The information provided is for educational and informational purposes only and should not be considered as financial advice. It is important to do your own research and make informed decisions before entering any trades. Past performance is not indicative of future results. Always be aware of the potential for losses, and never risk more than you can afford to lose.
EURAUD - Already Over-Bought ⚔️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURAUD has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline.
Moreover, the zone 1.71 is a strong resistance.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper orange trendline acting as a non-horizontal resistance.
As per my trading style:
As EURAUD approaches the orange 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!
~Rich
BUY GOLD (GOLD Turbo Call) with double bottom Fundamental analysis BUY Gold.
FEDWATCH 85.6% No Hike - interest rates
fr.investing.com
Recent minutes from the Federal Open Market Committee meeting highlight that most members of the Federal Reserve recognize significant upside risks to inflation, suggesting the possibility of further rate hikes to contain the economy. . However, some participants expressed concerns about the extent to which financial conditions have tightened since last year. Despite this, the Fed backed away from its expectation of a mild recession this year due to signs of economic strength and continued consumer spending. The focus is now on the need for further evidence that inflation is on a sustainable downward path, in a resilient economic environment and a robust labor market. Markets appear to be pricing in a lack of further rate hikes this year, and speculation is turning to potential rate cuts in early 2024, according to institutions such as Morgan Stanley and Goldman Sachs.
Reservations expressed by David Rosenberg on US equities: fr.investing.com
Gold is currently under pressure due to an increase in US dollar strength and rising Treasury yields. This situation was accentuated by the strengthening of the dollar and the growing disinterest in risky growth-oriented assets. Industrial metals are being hit harder than precious metals, particularly due to growing concerns over China's economic outlook, amplified by major Chinese real estate firms defaulting on payments.
Current movements in the financial market, such as the rise in the Yuan exchange rate set by the People's Bank of China (PBOC) and the increase in 10-year Treasury yields, suggest a possible end to the tightening cycle. of the Federal Reserve. This could lead to more stability in Treasury bill rates in the future. However, the continued volatility among gold traders, reflected in the CBOE Gold Volatility Index, indicates potential price changes and a degree of uncertainty.
Despite the current challenges, precious metals markets have so far held up relatively strongly. However, the future may hold new challenges for these markets, in particular due to economic developments and upcoming political decisions.
fr.investing.com 2200651 If rates fall: If interest rates fall in response to an unstable economic situation, this could potentially increase gold's appeal as a safe haven asset. Lower bond yields could make gold relatively more attractive in comparison.
+ Prolonged crisis in China: If the crisis in China persists, global economic uncertainty could increase. In such an environment, gold could return to its traditional role as a safe haven, as investors seek to protect themselves against economic and geopolitical risks.
+ Falling dollar: A decrease in the value of the dollar could increase the demand for gold, as it would become less expensive for foreign investors to buy gold. Additionally, a weaker dollar could reflect reduced confidence in global economic stability, further bolstering gold's status as a store of value.
-> stabilization of bond markets: If bond markets stabilize, this could contribute to lower bond yields, making gold relatively more attractive as an alternative asset.
DOGE - Who Let The DOGE Out 🐶Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
DOGE has been overall bullish trading inside the rising broadening wedge pattern in orange, and it is currently approaching the lower trendline.
Moreover, the 0.07 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline (acting as a non-horizontal support)
As per my trading style:
As DOGE is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the blue support is broken downward, then the momentum will be shifted from bullish to bearish.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Bears Remain In Control; Until...❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend.
As BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines.
📈 From a short-term perspective, on the H1 timeframe, BTC has been bearish trading inside the falling wedge in orange.
To regain control short-term, the bulls must achieve a strong momentum candle close above the last minor high in orange.
Meanwhile, the bears remain in control and we will be looking for buy setups as BTC approaches the demand zone in red around 28,950
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
NZDCAD - Strong Support Ahead 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDCAD has been overall bearish trading inside the falling channel in red, and it is currently approaching the lower trendline.
Moreover, the 0.79 - 0.8 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
As per my trading style:
As NZDCAD is sitting around the purple circle zone, I will be looking for 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!
~Rich
AAPL Longterm viewI’m looking for buying some shares at 160$,
as you can see, sellside liquidity was taken, which is my first confirmation, my second confirmation is displacement above the previous, i would like to see it retrace to 160$ or lower, which sits below 0.5 fib AKA discount zone, anything there is buying zone for me.
This is purely technical analysis, since i believe in this stock.
Bitcoin outlook: BullishUpon conducting a comprehensive long-term analysis, it becomes evident that Bitcoin's current valuation persists below its median threshold. Nonetheless, an intriguing potential for a more pronounced bullish trajectory remains, poised to unfold before any significant bearish tendencies take hold. At the heart of this analysis lies a median value of 36094.0, an anchoring point that draws attention to a desired cyclic range spanning from 29507.2 to 42680.8. It's important to note that the attainment of this extensive range remains speculative, given the multifaceted uncertainties prevailing within the western markets, with a focal point on the United States where legal ambiguities cast their shadow.
The unique strength that propels Bitcoin forward is inherently rooted in the foundational tenets of the proof-of-work principle, which serves as the bedrock of its decentralized structure. This decentralization stands as a critical linchpin for Bitcoin's sustenance and endurance amidst an ever-evolving landscape. Operating on a proof-of-work consensus mechanism, Bitcoin orchestrates a global network of miners whose collective endeavor validates transactions and reinforces the network's integrity. Through an intricate dance of computational prowess, these miners solve intricate mathematical enigmas, fortifying the very foundations upon which the blockchain rests. This intricate tapestry of decentralized participants meticulously thwarts any attempts at monopolization, shielding the system against undue manipulation, censorship, and the peril of consolidated authority.
In stark contrast, a transition of Bitcoin to the proof-of-stake paradigm would inevitably usher in a shift toward centralization, undermining the robust decentralization that stands as its hallmark. Such a transition would confer decision-making power to those holding the largest coin stakes, thereby disturbing the democratic equilibrium that defines the present landscape. This transition threatens to erode the resolute strength of the proof-of-work mechanism and elevates the susceptibility to centralized control, presenting a potential vulnerability to the very ethos that has propelled Bitcoin to the forefront of digital currency innovation.
Inextricably linked to this discourse is the onset of a bear market, which emerged on November 14th, 2021, an event that can be construed as a requisite course correction following a period characterized by an unhealthy and excessively bullish market upswing. My conviction is rooted in the belief that for Bitcoin to chart a sustainable growth trajectory, it must adopt a cyclically balanced approach, steering clear of the tendencies that lead to over-reliance and unchecked growth. Notably, the ongoing reliance on Bitcoin as a reference currency paradoxically impedes its untapped growth potential, raising pertinent questions about the need for diversification in its utilization.
ETH - Top Down Analysis 📹 From Daily To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #ETH.
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
AUDJPY - Trend-Following Setup ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AUDJPY has been overall bearish trading inside the falling channel in red, however it is currently approaching around the upper trendline.
Moreover, the zone 95.5 is a resistance zone.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As AUDJPY approaches 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!
~Rich
SasanSeifi 💁♂️LINK 👉3D 8.50$ /9$ Hey there! 😊
In the 3-day timeframe, as you can see, the trend in the long term oscillates between price ranges of $5 and $9.50. Currently, based on the data I have, the price may fluctuate positively between $8.50 and $9. Until the price stabilizes above the significant resistance level of $9.50 in shorter timeframes, the outlook is bearish. Otherwise, if the price penetrates and stabilizes above this resistance level, a potential for further growth in the long term can be considered.
◼Hang tight to those supportive ranges of $7 and $6.50! They're the keys to our scenario in the long term.❗⚠️
Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗
Wishing you loads of success in your trading adventures, my friend!✌
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
BTC - Top Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
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
1D: $DOT; AMAZING VALUE- PatienceMIL:DOT
If this isn't value i dont know what is. Retracing nearly ..... 100%!! as it just sleeps and sleeps until one day, DOT has RISEN. These plays are what makes your life change IF one can wait. If there is new people here, trust me when I say this..... DON'T be scared and FOOLED by the masses. They wan't you to think and somber about how crypto is dead and will never come back. Those same people are the ones massing mega bags at the darkest depths of the market.
Don't let FEAR and MANIPULATION take over your mind. We know what market's do and what history shows us. Look LEFT! Do you see a common theme?
Been there before and we rise once again!
weeeeeeeeeeeeeeee
BTC - The Bias Remains Bearish ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend trading inside the falling channel in red.
📉 If the current last low is breached with an H4 candle closing below 28,700, it is likely to trigger further bearish movement, potentially leading to a decline towards 27,500.
In this case, as BTC approaches 27,500 we will be looking for buy setups as it is the intersection of multiple trendlines.
📈 To regain control, the bulls must achieve a strong momentum candle close above the key level of 30,000. Such a move could potentially shift market sentiment in favor of the bulls and indicate a possible trend reversal.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
GOLD - One More Correction ?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis, we were waiting for GOLD to approach the 1935 support to look for buy setups.
🏹 The 1935 is a strong rejection zone because it is the intersection of the blue support and lower red trendline.
📈 For the bulls to take over and start the bullish correction, we need a break above the last major high in gray.
In this case, a movement till the upper red trendline would be expected.
Meanwhile , until the buy is activated, GOLD would be overall bearish and can still trade lower and even break the blue support downward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH/USDT 1DReview ChartHello everyone, let's look at the ETH to USDT chart on a single day time frame. As you can see, the price is moving below the uptrend line.
We will use the fib retracement tool to mark support and here we see that the price is holding a support zone from $1829 to $1780, then we have support at $1712 and then a strong support at $1625.
Now let's move on to the resistance areas, and here we first have a zone from $1883 to $1915, then resistance at $1942, another at $1980, then strong resistance at $2031.
As we can see, the RSI indicator is in the process of correction, however, there is still room for the price to go lower, and the STOCH indicator shows that the energy is running low, which may indicate the approaching end of the recovery.
ETH - Critical Period / Zone ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH is still stuck inside a big range and it is currently hovering around the lower bound / support zone around 1810
📈 For the bulls to take over from a medium-term perspective, we need an H4 momentum candle close above the last major high in gray around 1865
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
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
SasanSeifi 💁♂️MATIC 👉3D 🔻🤔Hey there,
In the long-term timeframe, as you can see, the price has been accompanied by a positive fluctuation of approximately 25% from the demand zone at 0.60. Currently, the potential scenario to consider is as follows: after gathering liquidity from the price range of 0.65 or possibly from the supply area (once confirmed and adjusted further), the price could move towards the price range of 0.50/0.42/0.40.💹
🔱To better understand the continuation of the price movement, it's important to observe how the price reacts to the resistance levels at 0.75/0.85. The price's response to these resistance levels will provide valuable insights. However, if the price manages to break above the significant resistance level of 0.85 and consolidates, there is a possibility of further growth. The potential trends in the image above have also been indicated.❗
Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗
Wishing you loads of success in your trading adventures, my friend!✌
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
BTC - Critical Period / Zone ahead of NFP ❗️Greetings, TradingView Family! This is Richard, also known as theSignalyst.
📌 After breaking below the significant round number of 30,000 and a major low, BTC has exhibited a predominantly bearish trend, forming lower lows and lower highs.
In the past, BTC broke two major lows, which were marked in gray on the chart.
📉 If the current last low is breached with an H4 candle closing below 28,700, it is likely to trigger further bearish movement, potentially leading to a decline towards 27,500.
📈 To regain control, the bulls must achieve a strong momentum candle close above the key level of 30,000. Such a move could potentially shift market sentiment in favor of the bulls and indicate a possible trend reversal.
📚 Always remember to follow your trading plan when it comes to entry, risk management, and trade management.
Good luck!
Remember, all strategies are good if managed properly!
~Rich
BTC - Market Structure Setup 📚Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I find BTC chart interesting as it has been following the basic laws of market structure.
So let's keep it simple => K.I.S.S. Keep it simple, samurai ;)
📈 As long as support at 28750 holds, we can anticipate a bullish movement on BTC. This bullish scenario would be confirmed by a break above the last minor high in red, approximately at 29300."
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - The Bulls Are Still Strong - For Now ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ETH is still stuck inside a big range and it is currently hovering around the lower bound / support zone around 1810
📈 For the bulls to take over from a medium-term perspective, we need an H4 momentum candle close above the last major high in gray around 1890
📉 In parallel, if the green support zone is broken downward, expect further bearish movement till the 1730 demand zone.
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