This post discusses the usefulness of technical indicators. We can conclude that the question of whether or not technical indicators are useful depends on many aspects, such as indicator settings, interpretation methodology (contrarian/trend following) etc.
1. Introduction
Since the introduction of technical indicators, academics have produced a significant...
Pattern: Channel Up on 1D.
Signal: Buy as the price is testing the Higher Low trend-line of the Channel, following a Death Cross, being on the 0.618/ 1.236 Fib aggregate that previously was a buy zone.
Target: 4.500 (Resistance) and in extension 8.500 (Higher High of the Channel Up)
TA very successful on previous Tezos signals:
...
Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight.
This is not financial advice. This is for educational purposes only.
In this analysis, I’ll be discussing my own thoughts on the elections, the effect on the stock market, and what we can do as investors.
To begin with, my guess is that Trump’s chances of getting...
A clearly defined price trend channel has been shaping technology prices since the 2009 bottom. $NDX recently broke above the price channel in an overshoot. Overthrow's of the channel are common and can suggest prices have come too far. Couple that signal with the fact that $NDX rang new highs while its brother, $DJI did not.
The September correction merely...
Hello traders, here I would like to take a moment to explain why the markets do not move in straight lines. This is an observation and a theory, not a prediction.
As we have seen a series of phenomenal fundamental bullish news this year alone, this does not mean that the market will go straight to $20,000. It can, but remember, the market is smarter than it was...
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BTCUSD D4: READY TO MOON // TP BULLS 17 000 USD(NEW)
IMPORTANT...
For the past +10 years, stocks and bitcoin have been perfectly correlated. Crypto isn't a hedge for what's coming (remember March 2020). Keep in mind that global central banks are in the process of creating their own digital reserve coin and will likely outlaw cryptos in competition. This doesn't mean BTC will go to zero, it means, the upside bulls are expecting...
Hi Everyone! NOTE: If you click the zoom (+) symbol at the bottom of the chart, you will be able to drag the chart as you wish to see things more clearly. You may have to click the plus (+) symbol two or more times before dragging the chart to make it easier to read text bubbles. You may simply prefer to view the screenshot I provided below to require no...
EURUSD has given a downside breakout from the Descending Triangle Pattern, which is formed at the resistance level (as shown in chart). According to chart pattern analysis, We might see a small upside correction move from trend line support towards resistance. One can initiate a long trade with a risk management system and stop-loss.
Thank You.
Since July, the price has been moving between two lines - support and resistance.
And more recently, she came close to the support line and touched it.
I now expect the price to start rising back towards resistance. Both of these lines are quite strong and it serves as a good signal to open a Buy trade.
SL should be...
Analysis of #EURUSD
Hello friends,
yesterday I posted about a potential harmonic pattern on EURUSD and it came slightly short of an entry point, the link is below this idea.
anyway, now I am looking to sell if the price comes to a resistance area near 1.1800 and provided a reason to enter to test the lows near 1.1700
Kindly if this idea is helpful to you,...
hey traders,
I guess you noticed this major strong daily support level on USDJPY.
the price has reached that yesterday and on 4H it went immediately rejected.
on hourly, after a steady bearish continuation, the price has set a higher low
and broke above the resistance line of a falling channel.
now the area between the...
Only reason my team has not shorted APPL after yesterday's convincing bearish close is because there is an earnings call today. Poor earnings will signal a substantial downward move for AAPL.
PLTR has had some huge moves considering the weakness
in the market. Whether it be Investors or traders or it provides
a possible long opportunity in the days to come.
Need to be cautious of rejection at previous high.
Alert set for break above $11.05 for possible long to $12.00 - $12.50
I really shoulda had more confidence in that wedge I was callin!
Downchannel trend (yellow) converging with the core decay S/R (strongest S/R since crash, magenta) and the 7M downtrend S/R (red) was bound to be eventful.
It fckin launched price like crazy!
Not sure how it's gonna play out from here, could be tricky to catch the peak. I'd still like to cash out...
Judging by what happened in the financial markets yesterday, the stage of acceptance is finally coming. All those fairly logical and obvious things that we have mentioned over the past weeks and which have been so stubbornly ignored by financial markets are beginning to be realized in prices.
Rise of the Japanese yen, a drop in US Treasury yields, an increase in...
Wow, just wanted to update the Treasure Map for you guys so you could follow along to the bottom B).
26th market turn (magenta box) was dead on!
That horizontal downchannel S/R (orange) converging with the 5Y uptrend (yellow) proved to be quite strong here too.
Price gapped down from downchannel S/R (gray) to exactly under this point. It was always there, you...
This is an updated version of the multi-year topping pattern of the S&P 500 I've posted a few times now. The previous post is linked below in Related Ideas.
The situation today adds to the previous update... we've continued the massive rally, extending this historic bull market even farther and poking over the megaphone top. We've recently had some downside...
A clearly defined price trend channel has been shaping technology prices since the 2009 bottom. $NDX recently broke above the price channel in an overshoot. Overthrow's of the channel are common and can suggest prices have come too far. Couple that signal with the fact that $NDX rang new highs while its brother, $DJI did not.
The September correction merely...
Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight.
This is not financial advice. This is for educational purposes only.
In this analysis, I’ll be discussing my own thoughts on the elections, the effect on the stock market, and what we can do as investors.
To begin with, my guess is that Trump’s chances of getting...
GOLD Double Bottom + 618 pull back
wih Long Pin Bar
Gold retest 618 level after formed double bottom
Now a Long Pin Bar is incoming
We could Long Gold and aim 1930 and 1990
Gold perfectly fulfilled the goal that we talked about throughout the week.
After gold had fixed in the support / resistance zone. The price continues to move neatly without strong fluctuations.
The price has reduced its...
Type US:BIDEN or US:TRUMP into the search box to chart election results. This data is now available to all TradingView members. You can add indicators, symbols, and drawings to your election charts just as you would on any other chart. Look for correlations, new insights or study polling results as they come in. 🇺🇸
In this example, we've highlighted two big...
Accumulation schematic #1 Wyckoff Event and Phases
The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff...
Hey! Have you been spending day thinking about mistakes you made and things you didn't do?
Investors are knowingly comparing an exchanges to a casino. A gambler, losing, does not get up from the gambling table in the hope of winning back. He believes that the likelihood of winning increases with every lost bet. This phenomenon, called player mistake, is common...
There is no doubt that Bitcoin and the overall crypto market has some correlation with the stock market, with market experts remarking that Bitcoin has been surging in tandem with traditional markets for awhile over the past year or so. Extensive research has already been conducted by market experts to study the seeming correlation of both markets, but I would...
This is an experimental study designed to reverse engineer price levels from centered oscillators at user defined sample rates.
This study aims to educate users on the process of oscillator reverse engineering, and to give users an alternative perspective on some of the most commonly used oscillators in the trading game.
Reverse engineering price levels from an...
One challenging issue for beginner traders is to differentiate market conditions, whether or not the current market is giving best possibility to stack profits, as earliest, in shortest time possible, or not.
On intraday, we've seen some big actions by big banks are somewhat can be defined --or circling around-- by HMA 200 . I've been thinking on to make the...
Profit Maximizer - PMax Explorer STRATEGY & SCREENER screens the BUY and SELL signals (trend reversals) for 20 user defined different tickers in Tradingview charts.
Simply input the name of the ticker in Tradingview that you want to screen.
Terminology explanation:
Confirmed Reversal: PMax reversal that happened in the last bar and cannot be...
This is a linear trend indicator that can:
- automagically adjust to different chart resolutions
- snap to day/session boundaries on intraday
- totally not do the above and use ye olde good fixed lookback window
- show the regression trend and its RMSE channels
- disregard the trend and just show the period average and standard deviation lines (often acting as...
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.
Hi Everyone! Energy is still higher than the Green Line in most all the Short Term group of time frames (90m, 3h, 6h and 12h). We need the Green to be higher than Energy to transition to bullish sentiment. We are still currently in bearish sentiment. $9.40 (White Lower B-Band) and $10.46 (Yellow Basis) in the 2-Day time frame is my current target range for the...
MartyBoots here. I have been trading for 14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market is here right now
LTC Is Very Bullish right now and will should move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading and show you how to trade the markets or give you alerts
Hello everyone, here is the top-down analysis for BITCOIN, feel free to request any pair/instrument or ask any questions in the comment section below.
If you like the idea, do not forget the like!
Best of luck!
![UVXY: [UVXY] What a SHOW We Got Today... Drumroll Please... B)](https://s3.tradingview.com/y/y6iocpW8_mid.png "[UVXY] What a SHOW We Got Today... Drumroll Please... B)")
![SPX: [SPX] Treasure Map Worth It's Weight in GOLD.. X Marks the SPOT!](https://s3.tradingview.com/q/qkyD9Dtr_mid.png "[SPX] Treasure Map Worth It's Weight in GOLD.. X Marks the SPOT!")
![BTCUSD: Resampling Reverse Engineering Bands [DW]](https://s3.tradingview.com/p/pK0AIDt2_mid.png "Resampling Reverse Engineering Bands [DW]")
