Are The Bulls Ready to Come In, Or Is This Another Fake Out?On this pair, we see that the market is on bullish swings on both the 1 hour and 4 hour charts. Price is currently testing the large 4-hour zone and looks like it is beginning to slow down on the bearish dive. Below the current zone is a refined 1-hour zone.
From my experience in the market over the years, I have come to the conclusion that there is a strong likelihood that the market will dip to the refined 1-hour zone and look to reverse from there. That would mean the current top zone reversal would be breached.
If that is the case, then we would be looking to buy in the refined 1-hour zone.
On the other hand, in the event that the market reverses at its current top zone, we will create a trade plan around that move and look to trade in the direction of the market.
When jumping on this trade, our target would be the 4-hour liquidity target above.
Analysis
Is The Cable Going Bearish Again...?On the 1 hour, we have seen how the market has danced back and forth in the past few days.
In our last analysis from yesterday, we noticed a strong threat by the bulls to invalidate our zone. The zone was finally invalidated and the bulls took over without giving us a chance to take the trade to the downside.
Following the bullish shift, we witnessed the market stay bullish for a very short term as it again u-turned bearish with the invalidation of our 1 hour zone and PB. It would be safe to say that the seeming bullishness was nothing but the market aiming to make a deeper retracement on the 4 hour timeframe.
THe 4 hour chart is still bearish and we expect prices to switch into the extension swing and stay so. With the 1 hour now aligning bearish with the 4 hour, we are confident the extension is here and that prices will ultimately begin to dip towards our liquidity target below.
We will look to catch this bearish trade and milk the market as it moves towards our target.
A Market Torn in Two Parts ... Are We Bullish or Bearish...?This pair has witnessed a great deal of back forth in the preceding days and weeks. In todays anaylsis, we see how the market on the 1 hour has once again flipped from a bullish perspective (PB) right into a bearish perspecrive with a new PB to the downside.
We will look to hold this bearishness with the ultimate goal of targeting our Daily liquidity target all the way down below.
A Bearish RollerCoaster ... 100 Pips in SightWe are witnessing a strong bearish momentum on this pair. From the Monthly to the 1 hour charts, all the timeframes are bearish.
Comign through from yesterday's analysis of this pair, we see how prices have continued to melt towards our 4 hour and 1 hour timeframe targets.
From yesterday, we see how the market gave is a nice dip that went to hit our liquidity target. We are seeing a retracement into the PB. We have marked out our zone in line with the Panzy Pips education strategy, and now we are waiting to see prices come into our zone, give us some good bearish reversal, afterwhich we will look to jump on the bearish rollercoaster as the market glides down towards the liquidity target below.
We are Bearish all the WayHey Guys!
So today i decided to test a publishing a video idea. lol
It feels great.
The video is a quick interpretation of what we have already stated on the EURUSD analysis.
PS: Apologies for the sound quality. It was just a test and I created it in a pretty noisy environment.
Feel free to drop your comments and boosts.And if you have a different persepctive on this pair, do well to share and we will be glad to learn together.
Weekend Update on Nasdaq Futures Here i am discussing my take on the today's price action and also my game plan on tomorrow.
I am also discussing the current scenarios and the probabilities for what is going to happen on intraday basis. I try analyze the markets with the most unbiased way possible. Here is my complete analysis for today's session and for tomorrow's outlook. Please feel free to comment and share your views and feedback.
Thanks
Daily Update Analysis on Nasdaq Futures Hello everyone. i have done my daily analysis of the Nasdaq futures and my take on the price action. i have discussed a lot of things regarding the daily and weekly time frame. i have also shared my personal game plan and shared my strategies and recommendation for the intraday levels. Hope this helps.
USTECH What to expect in on 2nd Oct 2023. USTECH has held a special place in my portfolio for quite some time due to its responsiveness to news related to tech giants. Additionally, economic news exerts significant influence on market trends.
I'm of the opinion that there is still potential for the market to gather more liquidity and for orders to be established before any downward movement occurs. Thus, I'm keeping my hopes high for the London/New York trading session.
How We Use The Forecast Model PatternsThe current position of all patterns (with the exception of the Cumulus Triangles) are not set in stone. The patterns can extend across many different price and time ranges at any given point in time. The current positions are default locations determined by analyzing the historical average position were each pattern occurred across all cycles. We currently have every pattern in this default position to help us gauge where the Bitcoin price most likely will be in the future, and to compare historical price behavior to the current situation.
Thanks for watching!
BTR - Top Down Analysis 📹 Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTR.
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
Eurusd : Bullish USD data and Inflation Fears 🛫 Hello everyone. Switching things up today with a in-depth look into recent sentiment and my thoughts on the last 5 bearish weekly candles on EURUSD.
A mix of Bullish USD data and the fact that inflation looms above all of our heads has caused market participants to flock into the Safe haven USD.
What are your thoughts on this decrease of EURUSD back into the range that EU has been stuck in since January? Thanks for joining me for another analysis and reading this far. See you in the next analysis!
Guilty Pleasure Altcoins - Which are yours?Hi Traders, Investors and Speculators of Charts📈📉
I'm constantly on the lookout for projects with great potential. Microcaps often x10, x100 or even x1000 if you're lucky enough to catch them early AND take profits. However, today's post is something a little different.
Let's talk guilty-pleasure coins and let's get real. Have you ever invested (or are currently invested) in a coin that is considered a "bad investment" by the community? If so, which coins and why did you decide to go for it regardless ?
I'll go first... XRP 💰 I am still a hardcore believer in the fundamentals, even though I can't deny the evergrowing negative consensus and overwhelming bad rep that XRP gets from other analysts (often rightfully so). I've been a bag holder for many years, and my main reason is just sentimentality 😂
Now, VRAUSDT: The reason for using VRA/ Verasity for the cover is because I genuinely am undecided about this one. I'm not a big fan of coins who's decimals I can barely read so seeing a massive liquidity drain even before this microcap reached 0,09 isn't the best help for confidence in the project. However, the fundamentals seemed promising at the time.
Incase you missed it:
Verasity is a platform that aims to revolutionize the way that online video is viewed and monetized. It does this through a number of features including Proof of View (PoV), Engagement Rewards, VeraWallet, and VeraViews. PoV is a technology that uses blockchain to verify that users are actually watching videos, as opposed to simply clicking on them and then leaving. This helps to ensure that advertisers are only paying for genuine views.
Engagement Rewards rewards users with VRA tokens for watching videos, engaging with ads, and participating in other activities on the Verasity platform. This helps to create a more engaged and interactive viewing experience. VeraWallet is a secure wallet that allows users to store their VRA tokens and participate in the Verasity ecosystem. VeraViews is a decentralized video sharing platform that uses the Verasity platform to verify views and reward users.
All the above said, the fundamentals sounded great upon release. But obviously, something went wrong and I'll say this about it: The one thing I hate more than advertisements, is being forced to watch an ad. I've seen this new trend when I use apps on my phone that have ads. Suddenly, an annoying ad pops up. When trying to click the "X" or "Close" or "Skip" button, instead of actually taking me back to what I was doing (like very intensely playing solitaire) the click actually takes me to the site!
Could it be that the reason for the project not taking off so well is more people like me just find it annoying and related scenarios? Especially if your reward for watching a 30sec ad is worth 0,004c...
And so the question begs: Scam, guilty pleasure coin or worth-the-wait?
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USDJPY - from Daily to M30📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #USDJPY.
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
✨ P2P INDi [PRO] ✨ TUTORIAL ✨1. Go to the 1D time frame
2. Open chart drop down menu and select Point and Figure*
*Point & Figure below the 1D time frame is ONLY available to TradingView members that are subscribed to the Pro plan and above
3. Click on the SETTINGS wheel on the P2P INDi
4. Locate the DEFAULTS drop-down menu and select RESET SETTINGS
5. Click the INPUT tab
5. PIVOT PRICES
(a) Identify price(s) nearest the Pivot High (PH) and the Pivot Low (PL)
(b) Place those coordinates in the corresponding input box
(c) Click OK (at the bottom right)
6. On the Tool Panel (to the left), identify Magnet Mode and turn it on (weak or strong)
7. PIVOT PLACEMENT
(a) Drag the Pivot High line of P2P INDi and snap it on the corresponding X
(b) Do the same for the Pivot Low line and snap it on the corresponding O
8. ANNOTATING TREND
(a) Identify the trend shown on the Heads Up Display (top right-hand corner)
(b) If the DOWNTREND (red) is displayed, remove all three Buy Order TPs
(c) If the UPTREND (green) is displayed, remove all three Sell Order TPs
9. SET YOUR POSITIONS
(a) Place Buy and/or Sell Orders at 2%-3% or less of your Net Asset Value (NAV)
(b) If shaving, take 25% profit at the first two Take Profit (TP) prices.
(c) Stop Losses should be equal to or beyond the PH and PL lines
(d) If stop loss is greater than your risk tolerance:
— lower your position size or
— tighten your stop loss by bringing it closer to your entry
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BTC - Detailed Top-Down Analysis ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for Bitcoin.
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
EURAUD I Potential move higher with Employment Change ReportWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Bank index continues to be Neutral while Nifty is Bullish Expect a fairly low move expiry on BankNifty as called earlier in the week. Strangles have had good decay so far. No surprises expected in the Repo rate announcement tomorrow given the CPI coming in within expectations.
MaxHealth bullish at ATH. Expect a good move to 690 levels.