Volatility is challenging. But it can also be exciting if you're ready for it. In this idea we're going to show you five tools to make better decisions for when markets are volatile, choppy or bearish.
1. Invert Chart Your Chart 📉
Invert your chart to see how it looks turned upside down. Open a chart and type ALT + I on your keyboard. On a Mac, type ⌥ + I. This...
Introduction
Within the past week, AMEX:SPY has become increasingly volatile, with massive gap ups and downs
followed by all day runs extending more than 3% in either direction. This is apparent with a cursory glance at the following chart.
With this volatility comes uncertainty, especially for those who are swing...
Two weeks ago, we highlighted some potential topping patterns on the S&P 500. It’s played out as expected, and now attention turns to the price channel highlighted in that idea .
Notice how prices ranged from the bottom to the top of the channel since November, including the middle of this month. But something changed this week because SPX didn’t return to the...
📌 ridethepig | Game, Set and Match!
In order to inform ourselves about the dangers of this move, we shall in what follows point to a few live charts which we called live together from 2019 that the 2s5s was going to invert frantically , and was a bad sign. It enables occupation of the dominos, which for those following long enough will know the one thing...
As we can see ETHUSD is getting weaker and weaker (lower highs near this support )
Red path :
and when market create lower high near one support that means that market is getting ready to break support and created lower low too.
so 1400 can easily break and we would expect 1300 for our first target of falling scenario .
Green path :
But we should consider this...
Hi Everyone! Simply pointing out we have a chance to continue with upward pressure to the last 12 hour candle of February 28, 2021 -OR- to the last 12 hour candle of March 1, 2021. Yes, there is still a chance we may be in a long drawn out slow stair step down. Why? Because there is NO GUARANTEE the price action must continue to go up significantly during the...
BNB / USDT
Binance coin finally cool off after massive Breakout and we can now set a new trade according to my view
Potenial bull flag pattern
Reatrced to golden fib level
Good RSI + MACD
100 Ema dynamic support on 4H TF hold price well until now
👉 You can only buy after the Breakout / retest of the trendline
Invalidation : if the price close by 4h candle...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
EURAUD is sitting around strong support in blue from Weekly so we will be looking for buy setups on lower timeframes.
on H4: EURAUD formed a valid channel pattern in red so we are waiting for a new swing high to form around our upper red trendline to consider it our...
Hello, Traders!
GBP-USD fell sharply recently in a correction move
And we can see that the pair broke a minor support line
Which means that the pair will most likely fall further down
However, GBP pairs are very bullish overall due to the brexit deal
And the weekly resistance hasn't been reached yet.
Therefore, I am...
EURUSD has been a bit chopy during these month but usually the market will take some time before beginning the next impulsive movement again. Targets on the chart.
Thank you and Good Luck!
If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURJPY
Hello friends,
have been trending very well the same as the USDJPY idea posted today, now I am looking for a trend continuation entry target for the highs again as I believe we still have room to the...
Beautiful close to the week, definitely wasn't expecting a green close on the weekly. Still in a downtrend for now but I like it long here for a bounce.
☑️Now that the local highs were established on both Tesla and Bitcoin
It is fun to see how the two giants and the two hypes of 2020 compare in their performance from 2020 lows
BTC grew by 1482%
TESLA grew by 1214%
So Bitcoin is technically winning so far, but when I think about the fact that Tesla is an actual...
The price for the USD has formed a bull flag pattern
and it is at the resistance.
Will be paying attention to this level to see
which direction that the USD gonna be moving
for the next week.
The bias is still to the downside for now
unless a breakout occurs
Trend lines drawn from the 2/16 ATH (9d), 2/22 (5d) and today 2/26 (1d).
Ideas always welcome in the comments. Errors will be amended as comments on TradingView or corrected inline in my blog.
-=x=-=x=-=x=-=x=-=x=-=x=-=x=-
Friday, February 26, 2021
Facts: +0.56%, Volume lower, Closing range: 49%, Body: 12%
Good: Successful test of 13,000 again
Bad: ...
Hello Trading Family, Gold is approaching an interesting area. What I call "TRIO RETEST"
Here is why => The Highlighted Orange Circle is the intersection of three key rejection levels/zones.
Retest 1: Brown Trendline
Gold is overall bullish and currently testing the brown trendline which acts as non-horizontal support.
Retest 2: Lower Blue Trendline
The...
Today Gold hit the June 19, 2020 low after a very aggressive 2-day selling sequence. The dominant pattern since the August Highs (All Time Highs to be more exact), is a Channel Down and to better illustrate it I have used the Fibonacci Channel.
As you see most of the price action since the All Time High (ATH) is concentrated within the 0.786 and 0.236 Fibonacci...
Hello,Traders!
What an interesting chart I've discovered right now.
A chart from the era of the bi-metallic monetary systems
Where both gold and silver were used to mint coins
However, history aside, the chart is very telling
And we can see that gold is overvalued in relation to silver
And the breakout of both the...
Hello traders,
Nasdaq/US100 signals we bought last night 12800 exited @ 12855--> +55
Total in 5 days --> + 672 points 💰💰💰
Let us know in the comment section below if you have any opinions or questions.
And PLEASE smash the LIKE button. 😉
Hello, here is a cheat sheet for Elliott Waves for top 10 Rules, so you can print this out and keep on your desk.
The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors....
Share the names of your favorite follows in the comments below. Together, we can build a list of the most interesting traders, investors, and market thinkers. We'll also give out TradingView Coins to those who uncover new and interesting names on TradingView. Just tag their @ username and we'll tip you Coins if we agree. 🎉
To get started, head to the comments...
" Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime " - unknown origin *
🔴 What does this quote mean, and how does it related to trading (signals)?
The quote means that you can indeed resolve an issue by providing a hungry man a fish, serving his immediate need, but if you really want to help him you should...
Hi Traders. Today's I'm going to discuss about "Fear of Missing Out (FOMO)". It is a very common trait among new and experienced traders. Till present, I still have this 'evil' occasionally popping out leading to unnecessary loss. One thing to remind yourself is that, emotion isn't something you can eliminate completely. Human beings were made with emotions, what...
Hello Traders,
This is my second Multi Time Frame Candles script but with this new one, you will have some new features such volume info, remaining time to close of higher time frame candle and also developed using new features of Pine such array of lines. also I tried to make it 3D for better visualization ;) also it shows new highs/lows / breakouts.
I...
The following indicator returns a line bouncing of the extremities of a Donchian channel, with the aim of replicating a "zig-zag" indicator. The indicator can both be lagging or lagging depending on the settings user uses.
Various extended lines are displayed in order to see if the peaks and troughs made by the Donchian zig-zag can act as potential...
====== ABOUT THIS INDICATOR
- A simple but highly customisable display of previous higher time-frame
OHLC values, drawn using line.new and label.new. Nothing fancy but...
- Customised resolution input which excludes time frames lower than 1 hour
while extending the common higher reference inputs to include:
• 6, and 12 Hour
• 5...
This script generates pseudo-random asset data . Due to the nature of the random generator, it is impossible to use this indicator as input for other indicators because the instance of the script that the indicator is applied to will automatically be different from the instance that is plotted on the chart. Therefore, the idea is to use this script in other...
Hi Everyone! Simply pointing out we have a chance to continue with upward pressure to the last 12 hour candle of February 28, 2021 -OR- to the last 12 hour candle of March 1, 2021. Yes, there is still a chance we may be in a long drawn out slow stair step down. Why? Because there is NO GUARANTEE the price action must continue to go up significantly during the...
Hello everyone:
Welcome back to my weekly trading recap video. This week I took more trades than usual, resulted in more losses.
Overall still in the positive for the month not include my BTC long term trade, so lets take a look at the trades taken this last week.
Full trading journal in my profile link.
GBPNZD - Got tagged out for 0.5% profit.
Full...
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.
Trade Safe - Trade Well
Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in...
