The Market may have some more room to the downside with the longer term uptrend still intact,The Mega Cap stocks have earnings this week. Be careful. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm...
Why ANYONE would want to invest their money because of Elon Musks tweets are beyond me, anyone with any price action experience or trading knowledge can see what the deal is here, i dont have acces sto all tweets, but this is enough.
Be careful about trading of some 'tweet' or something you read...
When the total monetary base explodes and distances itself from it's 1 year moving average, you see the lag effect on the price of silver.
Closing in on silver's absorption of those monetary imbalances in 10...9...8...7...
We can now see the M2 Money supply in Trading View. Just type 'FRED:' as the search term as the symbol.
There was a TV notice about this, but I wanted to store it here too, because it's really helpful :)
Here's the notice:
Also see these other instruments...
So Bitcoin rallied aggressively to approach the June High in the aftermath of the Apple adoption rumors and other bullish news. In doing so it hit the 1D MA100 (green trend-line). If the sequence since the May 19 low is indeed an Accumulation Phase then based on the previous two phases of this Bull Cycle, a 1D MA50/ MA100 Bullish Cross is needed to confirm that....
BNB also caught my eye for the potential up move.
We can see after price initially made the bearish move down, it begin to form a bigger correctional structure.
As we can see price is getting squeeze into this triangle/pennant like structure, with a few swing highs and lows.
What is important here is to determine is is going to be a continuation...
Couple days ago I made an analysis on Ethereum and the potential break out at hand. I mentioned that a break out was to be expected and that the next major resistance lies at 2400.
The break out happened quickly and violently. The amount of bullishness came mostly from a short...
Welcome to this update-analysis about Bitcoin and its Wyckoff Accumulation Developments that are taking place since the increased bearish volatility to the downside has shown up in May this year. In the former origin-analysis, I already exemplified the main phases of Accumulation Bitcoin developed and with its decisive elements such as the selling-climax...
As we can see price broke the pattern to the upside and now we may have a great amount of rise soon after a retest of the breakout is completed.
Notice: if price falls hard, then again strong daily support is ahead that can give price some strength as you can see mentioned on the chart with green zone too.
I was overwhelmed by the generosity of likes and comments, thank you friends for being so giving and kind, not many people have the virtue of generosity.
Analysis on #GBPNZD
I was tempted to sell the market at these levels but did not meet my rules for entry, however, the next best place for a sell will be if the market moves and the structure resistance level...
As we can see from the illustration, the overall market direction is bearish. The price attempted a fake breakout to the upside to catch retail Stop Losses, and it is now getting ready to drop. We will be opening Sell positions and aiming for the target shown on the chart
Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURUSD is sitting around non-horizontal support in brown so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: EURUSD is forming a channel pattern in blue...
Price is actually in a very strong support zone. This is why I am watching for two potential bullish scenarios on $BABA. If the price will follow the red scenario then we may focus on the $205.50 target. If the price will move down up to my favorite zone between 184-186 then we need to focus on two targets for taking our profits:
After every impulse price makes a correction and after the break price starts the next impulse, I expect the same this time..
Push LIKE & SUPPORT the Idea...
*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.
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As you see in the daily chart, price is bouncing in the ascending parallel channel but it seems like the bullish pressure is decreasing and US dollar is going to be weak.
Currently, price is below the Friday’s low (92.780) but still above weekly low (92.500).
Moreover, a reversal triple top pattern has been created inside the channel.
Since parallel channels...
Recently I shared a chart for Bitcoin Dominance (BTC.D).
Here is a follow up, short and simple...
I believe this chart will continue climbing until reaching 50 and higher.
The indicators, RSI and MACD, as well as the volume bars and the candles (candlestick reading) support this.
Fundamental bias: Neutral
1. Developments surrounding the global risk outlook.
As a safe-haven, demand for USD diminished from the middle of 2020 as the market’s attention shifted away from the pandemic and towards an expected global synchronized recovery and a reflation environment (both of which is usually Dollar negative). However, global economic data...
As we can see from the chart "Nasdaq 100 E-mini Futures" is at all-time highs. The previous all-time high was on July 13 and that resistance zone was broken by a strong bullish candle on July 23. Actually, the price is creating another continuation pattern and it looks like the bulls won't give up and may move the price higher.
A break of the price below 15040 may...
We are still looking for breakout to downside and more fall for gold as we said in previous analysis too:
Best trades now are buying low and selling at the top of this red zone But we may have breakout soon so you can waif for breakout too
What to expect from gold - let's see the chart.
- downtrend on H1
-resistance on H1
-61.8% of the last move
All those basis as well as what we currently see present to us a good sell opportunity.
While price is still below previous highs there's only one direction - down. That means we should be using stop loss and looking for targets at...
Card counting methods are not allowed in casinos, and if they got you, you are done.
Hopefully, it is not illegal in the Wall Street casino, and you can even use algorithms to find the patterns!
Now, Let's talk about the numbers you see on the chart.
These numbers show the days S&P500 closes at higher levels if you count the candles backward.
A fraction is made...
Every once in a while you have to commit to something that pushes the boundaries of your comfort zone — that gets your heart beating, the breath shaky and palms sweaty. For us, that’s this moment right now, where we share with you the efforts of a project that’s been a long time in the making. It’s with great pleasure that we present to you the new look and feel...
Hello Traders. Welcome to Chapter 4.6! This is FINAL CHAPTER of my Elliott Waves series that took me 6 months to create starting from chapter 1. Here we will finally conclude with learning about the "Fibonacci Ratio Lengths for Corrective Wave Multiples". In the previous sub-chapter, we learned how to apply Fibonacci lengths for waves 1-5, now we will learn how to...
Hey here is Technical Patterns cheat sheet for traders.
🖨 Every trader must print this cheatsheet and keep it on the desk 👍
🖼 Printable picture below (Right click > Save Image As…)
In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data,...
As you may have seen, TradingView’s got a new look and feel. As part of this rebrand, we’ve partnered with top athletes in the fields of climbing, skiing and adventuring, including legendary free soloing rock climber Alex Honnold. Alex knows a thing or two about risk – being the first person in the world to have ever free solo-climbed El Capitan in Yosemite Valley...
Regression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends.
As a special feature, this indicator allows you to choose from three (as of...
Probability Distribution Histogram
During data exploration it is often useful to plot the distribution of the data one is exploring. This indicator plots the distribution of data between different bins.
Essentially, what we do is we look at the min and max of the entire data set to determine its range. When we have the range of the data, we decide how many...
Market Trading Sessions is a tool designed to help traders to find the best times of the day for price action trading. It displays non-overlapping visuals for the major trading sessions : Oceania, Asia, Europe, and USA.
This tool has been designed to match all the following requirements that I needed for optimal usage :
Display opening and...
This script calculates and shows Volume Profile for the fixed range . Recently we have box.new() feature in Pine Language and it's used in this script as an example. Thanks to Pine Team and Tradingview!..
Sell/Buy volumes are calculated approximately!.
"Number of Bars" : Number of the bars that volume profile will be...
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.
MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging...
Hi Everyone! Upward Pressure CONTINUES if the Red RSI in the 24-hour closes ABOVE Level 50 before the White Energy in the 12-hour can close BELOW Level 50. This is explained in the video...
Happy Trading and Stay Awesome!