Here is another look at the BollingerBand Trend indicator with a greater reach in view. As seen in the graph with correlated indicator BTC reached a red zone at the time when the price was at its highest this year before falling and as the price fell the indicator began to rise once more. Being in a red, or under 0, with the BBTrend indicator right now and what...
Here I have AUD/USD on the 1Hr Chart! Our two current Lows @ ( .9498 ) on Wed. April 10th and ( .9456 ) on Fri. April 12th show an interesting underlying story when it comes to our indicators! 1) Looking to the RSI and comparing the Lows to Price on the chart, we can see that the RSI is showing a STRONG Divergence meaning Price could potentially be looking to...
Double Top preceded by a 50% Fibonacci was a bad trade idea. Lost 1K on this for trying someone else idea. Also lifted the SL to 1779-1782 area to act as the biggest risk I would take in this position. Even thought I knew the risks. I normally do not trade Gold since I do not have enough money. I could have taken gains at 1770 instead 📞 I'm such a noob.
The stock's growth has been impressive in recent times; however, the prediction indicates that if the next breakout does not occur by May 19th, the upper band of the 20-day Bollinger Band will decrease, which may hinder sustained attainment of levels above 320. (Red circle) To facilitate further growth, it would be beneficial to reinforce the resistance level at...
KOSS daily showing bullish diversion on a number of indicators and is resting on strong historic support levels at the current price. Further the price has been drifting away from the longer term regression trend midline, suggesting a change in direction is occurring. Per the OBV buyers have generally held onto their shares since the run up that occurred last...
Bitcoin 6W Bollinger Bands - Each time, after the bottom was put in, within 7 bars BTC hit the upper Bollinger Band. In 2019, it did it in only 5 bars. In 2023, our 5th bar just opened. If BTC were to once again follow this trajectory of hitting the upper BB within 7 bars, this would suggest that we'll see BTC at $64K or higher within 3-4 months or ~120 days. I'm...
Soybean short swing trade: The Bollinger Bands width has narrowed to 2.56% of price which is a level not seen in over a year. A new 6-month or greater low in bandwidth indicates that a volatility squeeze breakout is likely upon us. Similar volatility squeeze situations exist in wheat and corn but they both broke to the downside significantly last week. Wheat...
S&P500, SPX is assumingly in a downtrend with some bearish symptoms, however it might be good to wait for confirmation. Symptoms: bottom of b band receding volume & HoD MACD
LABU daily chart showing a recent break-out and successful back-test of the longer-term down trend. Optimism present due to a recent Bullish Cross on the MACD, price closing above the VWAP on Friday, price now above the 50-day MA, and buyers appear to be coming back. BBs staying tight on the daily suggesting a significant move may occur soon. Last time the BBW...
Bollinger band suggest the counter is ready to make a breakout multiple times respected bollinger band earlier as shown in the chart. the counter in past have seen support from mid or lower band while resistance at the upper band along with retracements at mid band when in uptrend. which sugest the counter is a good candidate to play via BB
Bitstamp BTC 2hr Bollinger Band Width printed a drop to 0.00432 just now... lowest point since October 2018. Top left chart shows 2hr BTC BBW in October 2018. Top right chart shows 2hr BTC BBW at present. Bottom chart shows BTC price action since October 2018 on the 3day. // Durbtrade
DODG looking like it may want to squeeze up more soon. Regression trend down off the recent high showing the potential for a reversal back to the upside with fairly strong divergence off the regression channel midline. BBs have gotten tight again on the 4-hour and shorter timeframes indicating a directional change. Volume appears to be swinging back to bullish....
Market has been rallying but today seemed suspect and pop in VIX implies smart money possibly hedging under the hood. Time to start looking for hedges / short opportunities , whether we get a large move down or just a pullback before going higher, IMO in the near term we see some selling. Costco is at trend line resistance and therefore I see it as a good hedge/...
Just looking for an trend line break to retest the bearish move. Candles also resting on the lower Bollinger bands. Looking for support. We are close to pre pandemic support. Doubtful it will break. interest rates in my opinion were suppressed for elections. Possibly a very good swing trade. Keep and open mind.
The Bollinger chart is on the left and the Wilder chart is on the right. The Bollinger chart shows bullish divergence between price and %B which is confirmed by AD%. See the yellow bars. AD% is a normalized accumulation/distribution indicator. Price has also created a double bottom and closed above the 20-day moving average, triggering a long entry. The...
📊 Script: TRIVENI (TRIVENI ENGINEERING & INDUSTRIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY500nif 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Sugar / Agricultural Food & other Products DAILY TIMEFRAME W PATTERN BREAKOUT WEEKLY TIMEFRAME MACD CROSSOVER AND DOUBLE MOVING AVERAGE CROSSOVER SOON Key highlights: 💡⚡ This stock pick is...
Hi traders, NASDAQ is showing the last correction wave C 1-hour frame, which is almost over. The market is bearish, but we will see the market going higher bouncing between pivot point bands going up. Pls remember to check the trend, the price should stay up at the pivot point level and bounce in it, without breaking. If the price goes down the pivot point and...
Daily lost selling momentum. Created dojis. Bullish Divergence on 4H and 1H. 15min Bollinger Band breakout coming. Expecting 1.24700 area to be reached which is also an intraday pivot level for today.