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Thesignalyst

NZDCAD - Strong Resistance Ahead 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), we were looking for buy setups around the lower purple circle as it is the intersection of a horizontal support and lower red trendline. Since then, NZDCAD has been trading higher and now approaching the upper trendline of the channel. Moreover, the 0.825 is a strong resistance. 🏹 So the highlighted purple 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 NZDCAD approaches the upper purple 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
Short
by TheSignalyst
7
How To Analyze Any Chart 📚 Gold Example 📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Today we are going to go over a practical example on #GOLD , but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. 📚 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
OANDA:XAUUSDEducation
by TheSignalyst
37
BTC - The Bulls Are Back 💪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 red. In this case a movement till the 27,000 demand zone in blue would be expected. Which scenario do you think is more likely to happen? and why? 📚 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
by TheSignalyst
21
USDCHF - Looking For Sell Setups ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. USDCHF has been overall bullish trading inside the rising channel in red, however it is currently approaching around the upper trendline. Moreover, the zone 0.9 is a strong supply. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue supply and upper red trendline acting as a non-horizontal resistance. As per my trading style: As USDCHF 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
Short
by TheSignalyst
5
ETH - Now We Wait ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has recently exhibited a predominantly bearish trend, confined within a horizontal channel depicted in red. In the most recent trading session, there was a substantial drop in value, leading to ETH's failure to maintain support at the 1700 level. While the 1700 support remains unbreached , our focus will be on identifying potential short-term bullish reversal setups on lower timeframes. (like a double bottom, trendline break, and so on...) However, should the 1700 support level be breached conclusively with a daily candle close below it, we would anticipate a continuation of the bearish momentum, possibly driving ETH's price down towards the 1500 mark. For now, we wait! ⏱ 📚 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.
by TheSignalyst
18
GBPCAD - Approaching A Strong Resistance 🔎Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPCAD has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline. Moreover, the zone 1.74 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 GBPCAD 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
by TheSignalyst
6
📚 Bow & Arrow Pattern 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Today, I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset. 🏹 I call it the "Bow & Arrow" pattern. This pattern can be either bullish or bearish, but for today, I will be focusing on the bullish reversal patterns. On the chart, I have highlighted three previous examples for illustration purposes (in red, orange, and purple). The pattern consists of three cycles: 1️⃣ First, there is a bearish impulse that breaks below a major low. 2️⃣ Second, a correction forms followed by another bearish impulse. 3️⃣ Third, the bulls take over, resulting in a complete shift in momentum. 📉 We can clearly see this pattern playing out nicely on the XRP weekly chart. If we apply the same logic and pattern to the current price action, we would expect the next bullish impulse movement (3️⃣) to start soon, which should be confirmed on lower timeframes. 🗒 What do you think? Always remember to follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All strategies are good if managed properly! ~Rich
Education
by TheSignalyst
22
ETH - The Range is getting Narrower 📦Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been overall bullish medium-term trading above the blue trendline and it is currently retesting it. Moreover, the zone 1830 is a strong demand. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline. 📈 For the bulls to remain in control medium-term, we need a break above the last major high in red around 1930 📉 On the other hand, if the green demand zone is broken downward, expect further bearish movement till the 1750 support. 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
by TheSignalyst
15
BTC - Correction Started!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we were waiting for the bulls to take over by breaking above the blue highs or the correction to start by breaking below the gray zone. Since we now have the break below the last H4 low in gray, the correction started. 🏹 In this case, as mentioned, we will be waiting for BTC to approach the green demand zone to look for new buy setups . Unless, the bulls regain control aggressively by breaking back above 25,000 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
20
LINK - Once A Castle; Always A Castle! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK has been stuck inside a big range in green between 5.0 and 10.0 and it is currently sitting around the lower bound (5.0) so we will be looking for buy setups. For the bulls to take over, we need a break from a short-term perspective, we need a break above the last minor resistance in orange around 6.5. And for the bulls to take over from a medium-term perspective and then a long-term perspective, we need a break above the upper orange zone and green zone respectively. Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
30