UBS GROUP (UBSG): From Accumulation to ActionUBS GROUP (UBSG): SIX:UBSG
The banking sector has experienced significant turbulence over the past years, which has not spared UBS Group from Switzerland. Please note, this analysis is presented in Swiss Francs, not dollars, as we're examining it from the Swiss stock exchange perspective. Unusually, we're delving into the monthly chart here, where it's evident that we've been in an accumulation phase since 2008, lasting about 15 years with no significant progress. This is the second time we've broken out, but the first time we're sustaining levels above this zone for an extended period.
Our analysis starts at the all-time low of 7 CHF (Swiss Francs), also coinciding with the COVID-19 low, from which we've seen a completed 5-wave cycle. If our foresight holds, we believe the peak at 26.55 CHF marks the top. Following this, we anticipate forming a Wave A, an overshooting Wave B, and then a Wave C that drops below Wave A for a Wave (2) correction. This correction is expected to retrace between 50% and 61.8%, aligning with the notion that Wave 2 often reaches the level of the subordinate Wave 4, situated right at or slightly below the 61.8% mark.
With the stop-loss set below these two potential outcomes and within the outlined blue support zone, we foresee a significant rise for Wave (3). This wave is typically the longest or at least not the shortest of the three impulse waves, leading us to anticipate a climb to at least 48 CHF. Our course of action is to wait, assess how the scenario unfolds, and potentially scale into positions earlier. This remains to be seen, and we'll continue monitoring and keep you updated on developments.
Longterm
NZDUSD - Wait For The Trigger 🏹Hello TradingView Family / Fellow Traders,
On 4H: Left Chart
NZDUSD has been bullish trading within the flat wedge pattern in red and it is currently hovering around the lower bound.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the neckline highlighted in gray.
📉 Meanwhile, NZDUSD would be bearish short-term and can still trade lower inside the daily support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
SasanSeifi 💁♂Uptrend Continues, Eyes on $0.81 and $1 Targets
As you can see in the chart, the price of STG has been on an upward trend since starting from the 0.38 cents range in the 4-day long-term time frame. After some minor fluctuations, the price has again started to rise from the 0.50 cents demand zone and is currently trading at 0.70 cents. In the long term, we expect to see price growth in the 0.81 and 1-dollar liquidity zones. We also expect a new HIGH above the 0.70 cents range.
This is not financial advice. Always do your research before making any investment decisions.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
STX/USDT SPOT buy/sell zoonesMy minimal target for STX bull run is previous height above 3,66$.
I dont feel too much pressure tu buy STX becouse i bought mine at 0.5$ but if i would buy more it will be this places.
BUY
First buy zoone is a bit risky but it's the most recent and seems better than the lower one. Double green marked zoone means that this place is best of this whole area.
Second buy zoone I dont trust this zoone. Of course i will seek long in this place if the chart will form liquidity above the box but i am not that confident to set there positions with chill. I am worried about recent similiar lows (3 in this case, for me must have to push below)
Gold zoones are places that i am the most confident about future movement from this places. If price reach this place it can't rail it without any stop. But even if they look best for trades we don't have guarantee that the price will be there in near future.
SELL
Sell zoones are not easy to find there becouse this coin had big dump after release. Gold zoones above actual price defines places where Imbalances(FVG or few of them) and breaker/order blocks combine. I won't place sell orders there, i will seek for the distribution
There are two big sell zoones marked. 1st one is more real, x3 will make STX reach 30bil$ MCap which i think is real target in bull run.
BTC.D no longer dominant - Alt season?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 BTC.D has been stuck inside a weekly range for for almost two years.
📉 However, currently BTC.D is currently rejecting the upper bound of the range , and upper red trendline acting as a non-horizontal resistance.
That's why we are speculating Altcoins to gain strength after a couple of days / weeks.
What do you think?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDJPY - Follow The Flow 🌊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDJPY has been overall bullish, trading within the rising channel in blue.
Currently, NZDJPY is in a correction phase and it is approaching the lower bound of the channel acting as a non-horizontal support.
Moreover, it is retesting a strong demand zone at 89.5 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
As #NZDJPY is around the blue 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
5PercentTrade Trade Ideas - SHARDA CROP#5PercentTrade #Equity #5%Profit_Trade_in_21_Days
Stock Name - NSE:SHARDACROP
Launching our next service of Equity Investment which is designed to give you 5% to 10% return in lest than 21 days via #Equity #Investment.
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers.
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Share this message to your friends and ask them to join
CKB 4hr time frame with bullish divergenceCKB 4hr time frame
with bullish divergence
must break resistance zone
( 0.018014 / 0.017249 )
4hr Candle MUST close ( on the 4hr time frame )
above top of zone mentioned
possible entry around 0.018488
1st target 0.023654
white circles = entry ideas
this is a scale in trade idea
stop loss 0.016796
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
Cosmos (ATOM) Long Term IdeaWithin the bullish rally one of the most iconic altcoin will start a rally in its own.
I expect ATOM to go higher %170 in 40 or 50 days at most.
It's a long term setup analyzed with Elliot Waves Theory.
All targets on the chart.
Risk is a part of the game.
Good luck to us all.
5 Percent Trade Ideas - IKIO#5PercentTrade #Equity #5%Profit_Trade_in_21_Days
Launching our next service of Equity Investment which is designed to give you 5% to 10% return in lest than 21 days via #Equity #Investment.
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers.
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Share this message to your friends and ask them to join.
BTC - Next Stop => 60,000 📍Hello TradingView Family and Fellow Traders,
This is Richard, also known as theSignalyst.
📉 BTC has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in orange.
It's evident that BTC has been respecting significant round numbers, particularly the 10,000 marks.
📍 Therefore, following its breakthrough above 50,000, our next target is 60,000, coinciding with the upper boundary of the wedge pattern.
📚 Always adhere to your trading plan, especially regarding entry points, risk management, and trade execution.
Wishing you all the best of luck!
Remember, All Strategies Are Effective When Properly Managed!
~Rich
Gold Prices Reaching 2060 !!Hello :)
Based on my analysis Gold price retreats after reaching 50-day Simple Moving Average , mixed sentiment prevails
• Gold price pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session, currently down by 0.40% due to a decline in the value of the US Dollar (USD).
• The drop in gold prices is also attributed to an increase in the US 10-year Treasury yield and reduced expectations of a dovish stance from the US Federal Reserve (Fed).
• Although sentiment remains mixed, there is a slight negative bias favoring the US Dollar, with speculators pricing out the possibility of a rate cut by the Fed in March and May.
• Gold price continues in an uptrend according to the H1 Frame, with potential resistance areas to watch for in the rising wave.
Long term trade:
Buy @ 2042
TP 1: 2046
TP 2: 2056
TP 3: 2060
SL : 2030
INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading above the red trendline.
Currently, INJ is hovering around the trendline acting as a non-horizontal support.
Moreover, the 30.0 marked in green is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.
📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ATH, growth curves AND when to buy, when to sellWe are on the way to seeing another ATH, There will be a pullback before we get there, Big picture, I'm long. BTC has potential to hit 500k.
I will be posting my predictions on shorter timeframes and reacting to the market conditions by adding to this post
📌BTC vs USDT.D - Who Follows Whom? 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall crypto market sentiment.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- Last month, BTC broke above the previous major high (shown in blue), while USDT.D broke the previous major low and initiated an impulse movement.
- BTC is currently fluctuating within a narrow range around the $53,000 resistance level, while USDT.D is hovering around the 5% support level and the round number.
- BTC is expected to maintain its bullish trend unless it breaks below the last major low at $50,500, which would correspond to USDT.D dropping below 5.29%.
And so on... the picture is self-explanatory.
The question is... Who Follows Whom?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
RNDR Navigating Virtual Reality Boom with 360% Upside PotentialToday, our focus is on RNDR coin, a potential powerhouse in the long-term landscape. Given the rapid advancements in Virtual Reality technology and the expanding marketplace, RNDR stands poised to play a pivotal role, potentially leading to a meteoric rise in its value over the years. While the long-term outlook is promising, let's delve into the potential price perspectives for the next 3-6 months.
To kick things off, RNDR has solidified a robust uptrend, with each preceding supply area seamlessly transitioning into a demand zone. Notably, RNDRUSDT recently breached the resistance uptrend trendline, signaling an intensified bullish pressure. For the upcoming months, our attention turns to three key resistance levels determined by the Fibonacci retracement indicator.
The initial hurdle, the 361.8% Fibonacci level, could catapult RNDR by an impressive 140%.
The second, more significant challenge lies at the 561.8% Fibonacci level, promising an enormous 250% growth.
The pinnacle of this bullish cycle rests at the 761.8% Fibonacci level, translating to an astounding 360% surge from the latest demand zone.
In summary, RNDR's future appears exceptionally optimistic, and we remain vigilant, closely monitoring this coin's trajectory.
[TSLA] Tesla Idea of Investment EntryJust bought the open on TSLA today after PM-Break.
My main motivation came from the reverse H&S pattern we can see on 4h timeframe / 1D timeframe and touch of the low band of bearish channel.
I want to see NASDAQ:TSLA to the huge daily level we had previously but keep a close eye for potential reverse.
Great Trade !
Natural gas FibonacciNatural gas has a nice correction after the traders cash out their position after a big rally in price.
In this analysis i use Fibonacci retracements to see in the short term were the price can go.
The price hit 0.618 zone Fibonacci retracements in the correction down move so i expect to go back on the 0.618 zone Fibonacci expansion.
My TP is 1.720
Don't forget guys, this is just my opinion.
Good luck!
ETH - Make or Break Zone!Dear TradingView community and fellow traders,
I find the daily chart for ETH to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST
1️⃣ => Non-Horizontal Resistance
ETH has been overall bullish from a long-term perspective, trading within the rising broadening wedge in blue and now approaching the upper bound / blue trendline acting as a non-horizontal resistance.
2️⃣ => Overbought
From a medium-term perspective, ETH has been trading inside the rising broadening wedge in red, and it is currently hovering around its upper bound / red trendline acting as an over-bought zone.
3️⃣ => Round Number
This week, ETH has been hovering around the $3000 which is a massive round number and psychological level.
🗒 That's why the blue circle with the red circle inside it is a zone to keep an eye on, as it is the intersection of three rejections.
📈 If broken upward, expect further long-term bullish continuation.
📉 In parallel, if $2850 is broken downward, expect the bearish correction to start.
📚 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.