Good evening traders!
In this post, I'm going to cover the 'Rectangle Formation' and how it applies to Bitcoin and my trading plan for how I am going to be trading it.\
Bitcoin recently broke down from our descending triangle as we highlighted as a possibility in our last bitcoin analysis as we had several futures gaps we...
The market stays bearish, boring, and all the previous ideas are still workable. I wrote about the bullish plan, and I wrote about the terms for the bearish plan. These posts you can find in the related ideas, and I advise you to refresh your knowledge.
The price stays at 8000.00 key level. The market could not develop the upward movement and bounce from SMA...
Hi guy, it took me so much time to arrive at this conclusion, I believe we have serious bearish bat in play. Looking closely on these almost all its target has been achieved expect the last extended target of 161.8% of the AD which should lead us to the last leg before we see major reversal around 6k8-7k1 zone.
Right now price seems to stocked at our immediate...
As I showed in a previous analysis, BTC is setting up for a major retracement to the rising blue arc. The vertical red trendlines correspond to NVT sell signals on the weekly chart. Almost every single NVT sell signal has resulted in a decline of 70% or more, aside from the one that occurred in November of 2018, which resulted in a 52% fall. I believe that decline...
USDCAD is in a free fall.
I believe that sellers will keep pushing the market lower.
I will try to catch a pullback based on the key structure support level 1.305.
This level matches perfectly with a horizontal structure on the left and
completion point of a harmonic gartley pattern.
Target level will...
The best place for Sell will be under Support/Resistance Zone.
Potential profit will be in 3...5 times bigger than risk.
Before to trade my ideas make your own analyze.
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Thanks for your support!
Puration , Inc. ( PURA )
Alert Price: $0.06
Price Target: $0.35
(Goldman Small Cap Research)
Website | Recent News
What if we told you we found a company that analysts believe will double its revenues and more than quadruple its share price?
Sounds almost too good to be true, but that is...
Disney(DIS): Series on Equities #2(3-4 minutes read)
This will be a short and simple T.A, just because it's Disney. Their ratios, products, management etc, speak for themselves and their fundamentals. I will just go through the technicals- most of the fundamental risks that aren't idiosyncratic to Disney are covered in my previous posts(Links #1&2).
There is a very high probability that we are exactly in the final botom, bulish divergences on rsi, cci and storsi, total2 is designing a diamond patern signaling a rise inside a falling wedge, macd already double botom and staring to rise already on the 3d chart, loking good to me for the altcoins. Also the total crypto is exatcly right now testing the fibo...
Hello Traders! Welcome to my post, today we are looking at DOLLAR and we have identified the following confluences to support this high-probability setup:
-Major channel as support
-Major counter-trendline as support
-Major 78.6 Fibonacci retracement as support
-Major 161.8 Fibonacci extension as support
-Minor 261.8 Fibonacci projection as support
Thank you for...
Here is the B wave that started from Dec of last year. A WXY structure looks to be forming. W is a zigzag followed by a X wave then a Y wave. In the diagram Y is a triangle but this could possibly be a flat. Look for a top early next week that will then test the 200 Day SMA or slightly above. Then it becomes tricky, either we test test the upper trendline one...
My most reliable momentum indicator for the SPX - The Bullish Percent Index has collapsed; it is far below where it was just a few months ago while SPX price is still hovering near 3000. This is very similar to what the SPX did in the first part of 2015. By July 2015 the SPX was only a small amount below its high made in May - meanwhile the Bullish Percent Index...
With Risk-On in most major markets (U.S., U.K., and the E.U.) we have seen Gold consolidate. With the mix of global macro news, Gold may remain consolidated in the coming weeks, bar any negative outcomes. Gold finished last week at +0.1%, highlighting its strong indecision. We’ve traded below the $1,500.00 range for the last 5 trading days as well, showing...
Hope this idea will inspire some of you !
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When I see a sell signal, I may short. When I see a buy signal, I may long. The signal is most relevant for the exact time it comes on the chart.
The signal can show up and disappear on a running bar. To mitigate this issue, one should only use this on bar close. However, on bar...
Watches 3 Symbols with separate timeframe control, with Hull Moving Average crossovers on each, DXY XAU/USD BTC/USD
and a daily candle crossover. With StopLoss and Target Price and Backtesting history selection control. Entry and Exit rules visible in script (script open)
So if DXY chart is going down and Gold chart going up and Bitcoin chart going up then it...
Hello ladies and gentlemen
I'm back in my (almost daily) publishing challenge - to educate/show pinescript not commonly known tips
↑ Trend Direction ↓
Remember that script ?
I often use it to detect higher highs or lower lows. When an oblique/diagonal breaks, it indicates that a trend may move in the opposite direction.
Combining this along with other momentum...
This indicator use for understanding short EMA crossing the long EMA will give an impact to the price.
Mostly likely when this two main line cross will show huge movement whether price will go up or going down.
This combine EMA will help traders to understand the movement of the price after the price cross the ema line.
Long EMA = 200
Short EMA = 50
When things are great, we feel that nothing can stop us. And when things go bad, we look to take drastic action. Because emotions can be such a threat to an investor's financial health, it is important to be aware of them. This awareness can then protect you from the negative consequences of impulsive and irrational reactions to these emotions.
Some people following me might have read about the Nokia example. Well it was here all along.
The name is disgusting, it was 1 of the few I didn't try in the long list of results. No wonder I wouldn't find the right chart.
Posting this idea as BTC because I want more than 3 views ;)
Plus it is the one currently in an echo bubble.
First let me repost the railway...
Some time ago, I made the poll asking the audience from the social media the following question: "What type of trading do you prefer?"
The options were:
- Manual Trading
- Auto Trading
- Both Types
To make everything clear, let me describe each type:
Manual Trading - it is any trading when you open, manage, and close trades by yourself. You can trade using...
Following patterns are found for data of 2015 to 2019 (5 years data) on weekly candle chart.
Currently running Head and Shoulders pattern
Remarkable zone 1, 2 and 3
Head & Shoulders pattern is still uncompleted with right shoulder. The neckline target is 10063
At the remarkable zone, its has highly price...