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Trend-continuation

GBPCHF - Over-Bought Zone Again ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPCHF has been overall bearish, trading within the falling wedge pattern in blue. At present, GBPCHF is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone marked in red. 🏹 Thus, the highlighted blue circle is a strong area to look for sell setup s as it is the intersection of the red support and upper blue trendline. 📚 As per my trading style: As #GBPCHF is around the blue circle zone, I will be looking for bearish reversal setups (like a top 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
by TheSignalyst
EURGBP - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on H4: Left Chart EURGBP is over bearish trading inside the falling channel in blue. So we will be looking for trend-following sell setups on lower timeframes. on M30: Right Chart 🏹 Trigger => for the bears to take over, we need a momentum candle close below the last swing low in gray. Meanwhile, until the sell is activated, EURGBP can still trade higher. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
16
BTC - Market Structure 101Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. BTC has been overall bearish for a while making lower highs and lower lows. and as mentioned in my previous videos, we knew that the bears were exhausted as the impulse movements were getting smaller in size. Last week, the bulls took over by breaking above the last major high market in red. So now the momentum is shifted from bearish to bullish. Of course this is just from a short-term perspective. As BTC is still overall bearish from a long-term perspective. As per market structure 101, we are now expecting a correction and then we will be looking for buy setups on lower timeframes as a trend-following setup. Our closest rejection, where the bulls might kick in, would be around the previous major high (red zone) As BTC approaches this zone I will be looking of any bullish reversal setups on lower timeframes (like double bottom, trendline 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
BITSTAMP:BTCUSD
by TheSignalyst
21
KNC - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. KNC is overall bullish trading inside our red channel , so as mentioned in my previous video idea (highlighted on the chart), we will be waiting for KNC to approach the lower red trendline to look for buy setups. Now KNC is approaching the lower red trendline but we will not buy blindly. We always wait for the bulls to take over first. KNC is forming a channel in orange. Trigger => waiting for a third swing to form around the upper orange trendline to consider it valid and then buy after a momentum candle close above it. (projection in purple) Meanwhile, until the buy is activated, KNC would be overall bearish can still trade lower inside the gray zone before trading higher. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
12
BTC - Dear August, Be Good! ETH Analysis insideHello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last picture idea, we have been waiting for BTC to test the gray zone and lower red trendline to look for trend-following buy setups. BTC is already around the gray zone , and yes, as per the current market conditions, a movement till the 28k-30k resistance / supply zone is still expected. Now What? As usual, as per my trading style, I will be waiting for the bulls to take over by breaking above the last high highlighted in orange. Meanwhile, the bears can still kick in and break the channel downward, in this case we will be expecting a short-term bearish movement because the last major low (as highlighted on the chart) wouldn't be broken yet. Regarding ETH: Price broke the purple pennant downward, and as mentioned in this case, we will be looking for buy setups around the lower red trendline. ETH rejected our red trendline and traded higher . for the bulls to take over again, we need a break above the last major high in blue. Meanwhile, just like BTC, if the bears break below the trendline, then the first support would be around the 1500 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
BITSTAMP:BTCUSD
by TheSignalyst
14
USD/JPY (5 April 2022)Overall, USD/JPY is trending upwards, but currently still sitting in consolidation at 122.522 Governor from Bank of Japan has indicated; "May Not Necessarily Be A 'Last Resort' But We Will Offer To Buy Unlimited Amount Of 10-Year JGBs If Rise In Long-Term Interest Rates Is Rapid" A short term retracement towards next support zone of 121.70 seems unlikely now. Instead, look for trend continuation if price breaks above 123.234 towards 125.00 Look for short-term buying opportunities of USD/JPY back towards resistance level 125.00
Long
by JinDao_Tai
Potential Buy Continuation Sniper Entries Only Trying To Get A Super Setups with Low Risk large Rewards if It Doesn't reach The Horizontal Line to try clear the Old buys Will Not Jump in the opportunity. Going for a Trend Continuation which my bias is saying Longs. Always Check For Multiple Confluences Before taking Trades. Typical Risk per trade 0.5-1% Trying to aim for 1:2RR going to leave 80% To run Try Catch Some Extra Big Movements Will Move Trade To Break Even If It Hits 1st TP Above Structure.
by Mizzyfx
1