Scrap my Bulishness from last night. Looks like we could be setting up for the classic head and shoulder. If so, look to start selling around the 1975 area. And with so much selling pressure I wouldn't expect too much room for a stop loss. I'm a very R:R (Risk:Reward) focused trader, if you've been following me you can tell. Because if it does reach above the 1990...
Narrative Narrative Narrative. I was wrong prior, I can admit that, but the utilization of fundamentals pointed me into further liquidity grabs, unfortunately the Federal Reserve have been setting record speeds keeping all markets afloat. If this wasn't the case I can assure you Bitcoin would be down @ $2-3k. Unfortunate I know but no one here has traded during a...
With Tesla seeing a rapid 400% ascent from March to July this year, has the steam finally run out
or is price setting itself up for the next assault on levels of resistance?
In March, price found a base at the 200 simple moving average, using this zone as support. The 200sma
cushioned the fall in price which saw a drop of 61% during the global pandemic. From that...
Inflation is erosion of the dollars buying power: ( when consumer prices are changing (rising) faster than the value of the dollar.) One way to quantify this is the ratio between the Dollar (DXY) and CPI (the Consumer Price Index). A decrease in this ratio is consistent with the concept of inflation
As of August 9th 2020 two analysis below (A & B) show** the...
Narrative Narrative Narrative. I was wrong prior, I can admit that, but the utilization of fundamentals pointed me into further liquidity grabs, unfortunately the Federal Reserve have been setting record speeds keeping all markets afloat. If this wasn't the case I can assure you Bitcoin would be down @ $2-3k. Unfortunate I know but no one here has traded during a...
After the impulse movement from 8885 to 12100 we have formed an uptrend channel. I see that we have touched the middle line of this channel and now it looks like we will be testing the lower support of this channel. I also showed Fibonacci levels - which are support levels.
If we talk about the mood of the crowd, Pay attention to the 84+ Fear and Greed...
The 50MA has been acting as Support for Bitcoin for almost a month. At the moment price is in the line's area. Moreover , BTC is testing the Upward channel with the Local Resistance/Support line nearby. As the EMA are about to intercept and the last candle providing us with the Hanging Man patter we can expect the decline and the following pullback in the price of Bitcoin!
DGBBTC
Growth possible
1 - 0.00000347
2 - 0.00000400
3 - 0.00000466
f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
Welcome to our weekly trade setup ( AUDCAD )!
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1 HOUR
Bearish market open and pressure below main sr level.
4 HOUR
Prices broke back into our trend following midterm.
DAILY
Overall bullish market at its lows, good long entries!
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FOREX SWING
BUY AUDCAD
ENTRY LEVEL @ 0.95570
SL @ 0.95130
TP @ 0.96240
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all...
Price trading below major supply area and currently Squeeze at the tip of ascending trend line 22nd June low. Waiting for downside impulse before placing short trade.
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Traders! if you like my ideas and do take the same trade,...
A potential Unified Gartley is setting up. Detailed stats and trading levels are on this screenshot: prnt.sc
Note:
1) The stats are only valid if you find patterns the same way as I do
2) The stats are only valid for this financial asset and this timeframe
3) WIn% = win probability; Loss%=loss probability. Keep in mind the Loss%. It is calculated...
With Tesla seeing a rapid 400% ascent from March to July this year, has the steam finally run out
or is price setting itself up for the next assault on levels of resistance?
In March, price found a base at the 200 simple moving average, using this zone as support. The 200sma
cushioned the fall in price which saw a drop of 61% during the global pandemic. From that...
Delta has cleared initial MA resistance and now has some fresh air to move higher. Targets
-$32.00 Fibonacci Golden pocket
-$34.95 Major 0.382 Fib level (favored position for swing traders)so possible reversal.
-$37.00 June highs.
Rally can be short lives so use stops and respect them.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Hello traders and investors! Will the history repeat itself on Tesla? For the 3rd time? Let’s see what to expect here, but first, if you are new around here, I invite you to follow me to keep in touch with my daily analyses. Every day, after the market closes, I’m here to share a few thoughts with you. And check my social media, you’ll find some interesting...
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
an opinion of #XAUUSD
Is there is anyone left to go long gold? I think there is a lot of people were mesmerized by how fast gold move and they are ready to jump if this would cool off for a while,
I think the high in gold is in place for the short term and gold could move sideways or to the downside for couple weeks before it restarts the move again
-Do not...
I was asked a question on my previous BTCUSD - Bitstamp publication: "Do you think this upward pressure is strong enough to prevent a wick from going down to the Gap until the 15th? Man I wish that gap wasn't there because it has me paranoid to jump in." As pointed out with the indicators in the video; I don't think we will come down to fill the gap in the Daily...
June beef exports were on par with the May lows, down 33% from a year ago. Exports were lower than the previous year to most markets except for Canada, China and South Africa where official figures showed an increase. Exports accounted for 9.7% of beef production in June, down from 15.4% a year ago, the lowest in 10 years.
Historic Seasonality data shows August...
I was asked a question on my previous BTCUSD - Bitstamp publication: "Do you think this upward pressure is strong enough to prevent a wick from going down to the Gap until the 15th? Man I wish that gap wasn't there because it has me paranoid to jump in." As pointed out with the indicators in the video; I don't think we will come down to fill the gap in the Daily...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
experimental:
zigzag indicator with all the zigzag methods that im aware of(that matter atleast), theres something for all tastes there :P
this will be the basis for zigzag tools i make in the future.
note: some zigzags REPAINT.
Return a linear regression channel with a window size within the range (min, max) such that the R-squared is maximized, this allows a better estimate of an underlying linear trend, a better detection of significant historical supports and resistance points, and avoid finding a good window size manually.
Settings
Min : Minimum window size value
Max :...
Moving Average Displaced Envelope. These envelopes are calculated
by multiplying percentage factors with their displaced expotential
moving average (EMA) core.
How To Trade Using:
Adjust the envelopes percentage factors to control the quantity and
quality of the signals. If a previous high goes above the envelope
a sell signal is generated. Conversely,...
A simple indicator that identifies the primary upswing of Bitcoin following each Halving, the "Bull Cycle".
A "Bull Cycle" is identified as the first period of positive momentum after each Halving date, defined as the 50 Daily Moving Average (DMA) being above the 200 DMA.
Hey! When we all started we passed trough some difficulties in trading.
Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever.
Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which...
I am back with my new idea On chart pattern. Today, we will discuss about rounded Top and Bottom.
So Let's talk about rounded Top & Bottom . First of all i Made chart , You can see on screen.
This is >
(+) Rounded Top :
&
(+) Rounded Bottom :
The rounded bottom formation...
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Hello Traders Investors And Community.
Welcome to this idea about the classical head and shoulder top formation which can be found on smaller timeframes as also higher timeframes.
Although there are inverted head and...
1. You should not expect that the loss-making trades will ultimately lead to a reversal and profit. You should not build up a position on it, proving to yourself that you are right. The best solution would be to exit the position and accept your losses, as they are inevitable in stock trading.
2. Stop loss and take profit should be based on the market situation,...
![SQ: [RS]ZigZag Multiple Methods - Forecast - patterns - labels](https://s3.tradingview.com/3/3W5o68jP_mid.png "[RS]ZigZag Multiple Methods - Forecast - patterns - labels")
