Timing is everything! When you enter a trade and when you close a trade determines your rate of success, with this in mind let's answer a common question: Can you make it as a day trader in Crypto? The answer is simple and unequivocal, NO! Why? You don't have that many options, the coins are very few and they all move in the same direction as BTC. Other than the...
For those who do not know what Bitcoin will do.
I used all the power of the Philosopher's stone, and he told me what would happen next.
Only important support and resistance lines + important levels are on the chart.
The price reached the lower support line and after that the trend changed and growth began.
Now Bitcoin has broken an important line (blue) and...
Just something quick to came into my attention while I was comparing Bitcoin's 2014 - 2017 Cycle to the current one.
** The High Volatility Zone **
Initially I was looking into the High Volatility zone, which as you see on the chart is the orange Rectangle which is roughly within the 0.382 - 0.618 Fibonacci retracement level from top to bottom of the Cycle. That...
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Reasons:
- Price trades in Upward Channel
- Price close to Resistance level 9170$
- Best place to ope buy will be near previous resistance level (current support)
- Current support level 8800$
- To open position after confirmation only near 8800$
- Always do your own...
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.
A potential unified gartley .
Pattern details and a trade plan:
Swing identificaiton: prex(5)
B-point: 0.5-0.6XA
C-point: 0.7-0.8AB
Entry(limit order): 0.6XA
Stoploss(stop order): 1.1XA
Target(limit order): 1 to 1 RR
Historical performance:
First bar in history: 1999/01/04 8:30:00
Total patterns found: 108
Number of winners: 63
Average winner: 30.9...
AUDJPY
Continuing to push to the downside. Sitting at about +280 pips profit. This shows you how powerful swing trading is. This is why it is important to let your winning trades run. We need to be patient and not rush into any longs, we could keep melting to the downside. We have a clean short entry. Keeping an eye out for potential hedge trades soon but right...
As the price move upward to the broken support level we can see that in a broader picture a head and shoulder pattern printed as the new resistance level confirmation become the right shoulder. best if we can see a high test candle or engulfing printed below the new resistance before placing short...
Bullish uptrend intact.
7&12 moving average cross.
Bollinger bands pinching closed, signalling a move imminent.
RSI bullish.
MACD crossing above zero line, short cover signal.
Short interest 7.25%
Company profile
TechTarget, Inc. engages in the provision of online content for buyers of enterprise information technology products and services. It also offers...
Stock has had a considerable selloff, which could be said is unwarranted in times of food shortages as Australia and China suffer livestock declines.
Stock is approaching multiple levels of support.
Indicators are bottoming and oversold.
CAT yesterday broke below key structure support.
the breakout is considered to be confirmed and the current forecast is bearish.
price may recover a bit and then retrace from the broken level.
key target levels will be 130.0 / 120.0
Currently a flat is developing on a daily time frame.
Wave C is expected to be an ending diagonal. It is completing internal wave 3 (waves 4 and 5 to come).
You will get an accurate entry on GOLD
Write in the comments all your questions and instruments analysis of which you want to see. We will do a review if some instrument will get 5 and more mentions.
Support with like, thanks.
Please support this idea with LIKE if you find it useful.
Initiate Long.
Entry - 1568.538
TP1 - 1594.873
TP2 - 1611.505
SL - 1559.876
Reason: We might have local retracement, because price was rejected by resistance zone and RSI is being overbought. But better not to short the asset, because of we are in an Uptrend and Clobally and Mid term. So I expect the...
Plan : wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**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.
Traders!!...
XAUUSD
Sitting in slight profit. I am favoring more downside movement soon. If you move SL to entry and get stopped at break even don’t rush back into a trade. Wait patiently for clean entry. If I see anything I will let you all know!
You will get an accurate entry on GOLD
Write in the comments all your questions and instruments analysis of which you want to see. We will do a review if some instrument will get 5 and more mentions.
Support with like, thanks.
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.
Friends, please at first, support this idea with your Like and any Comment, thanks.
In this video we will take a look on BITCOIN, ETHEREUM and RIPPLE vs. US Dollar and I will show you my own Trading Plan and where are the best places for opening positions.
As you remember English is not my native language, so please don't judge strictly my English, I will...
Pardon the poor audio. The built in mic on my laptop is not as good as my professional mic on my desktop. Cardano is an excellent coin for INVESTMENT. My opinion of course.
Let's take the classic Relative Strength Index (RSI) and give it couple of modern upgrades - the results are better visuals with improved signals and trade decision support:
Options and features:
- Dual period: look at the short term RSI vs a backdrop of a longer period RSI (expressing the longer-term "prevailing sentiment") - get clearer "re-entry" points in...
A Super Trend based on the high and low of a Moving Average, to get an easy view what the current trend is and where to buy and sell.
TIPS
- The 'Closing Source' option is the candle value that triggers the clouds. 'High/Low System' means that a downtrend is over when the candle LOW closes greater than the downtrend (dark cloud), an uptrend is over when the...
Hello, this script was created by using Linear Regression Bands Function with variable Function Minkowski Distance Adaptive Period.
Function Linear Regression Bands :
Minkowski Distance Function Original Script by RicardoSantos...
I wish to thank @Quantadelic who created this great indicator and leaving it open for others to improve.
I have made changes to make it user-friendly for the intraday traders.
The changes made have been;
1. Compartmentalized each area of the major Fibonacci level;
2. Added minor Fibonacci levels;
3. Color-coded the support and resistance levels, for better...
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Hello traders investors and community.
Today I show some important trading formations which can help to identify a profitable trading entry in the markets.
These types are when confirmed highly probable trading set-ups to open...
Hello again. I am just being observant this a.m. and looking at these dojis on the 1hr. This method is not perfect but I use it often. When I see a doji (like the ones indicated) and the doji is at the top of an uptrend or downtrend I will often take a position. I can not tell you I have won every time I do but I would put my win/loss ratio to 75% win - 25% loss....
The times have changed for the retail trader, and in essence scalping and day, trading has, in essence, become a complete waste of time for the average person looking to make even a small gain in the FX market. In the last 6 years, day trading and scalping have become worthless strategies, only done by those who are ignorant to the situation behind the scenes that...
BTC/USD (Update)
In Larger time frame Chart, BTC Already broken the Downtrend (Descending Channel) & Now Retest in Process.
3 Days Ago, BTC Rejected the 8900 Resistance & now i think Bitcoin will Retest the 8400 Support Because In Shorter TF, BTC Has Formed Double top Pattern & In Daily TF, Overbought, Correction has Necessary For healthy Uptrend..!!
Now If...
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