these 2 indicators are the best and easiest to use for beginners. -RSI 25 & 100 -MACD -Chandalier exit -
This is Germany's stock market index, one of the strongest economies in Europe. The index consists of the 40 largest companies listed in Frankfurt Stock Exchange. On the monthly chart we have the red diagonal line, which has been a support since the beginning, as shown in the circles. We also have the middle yellow line, which has been tested 11 times as a...
Utilities are one of the few parts of the market to hit new highs recently. Now, after a pullback, some dip buyers may get interested in the sector. This chart of the SPDR Utility ETF highlights the $71.10 level where prices peaked in February 2020. XLU was stuck below its old highs throughout the pandemic, and only broke out in March 2022. It’s now pulling...
Specific Details on Indicators, Thought Process, and Rules are in 1st Post.
There are many wicks on top of the candles on the 15 minute BTCUSDT chart. Honey Cypher momentum is to the downside. The light blue Vwap is starting to slope down. Looking at the honey wave structure we can see that the previous uptrend was long lasting so the chance of the coming downtrend to have this long lasting slow drop is quite likely to me.
Hi Traders. The market is still downtrend, let's check the trend with the pivot point levels, the price should bounce on S1, and then it will try to reach the PP, bouncing on it, and then it might hit on S1 again and break it going down to reach S2. If the price doesn't break at S1 down up, it might go again to PP and break it going up, so the market might show a...
The inventor of the Relative Strength Index (RSI) died this day one year ago. 🕯 RIP 🕯 John Welles Wilder Jr. RSI is an absolute favorite technical oscillator. Grateful for his contribution to this space. 🙏 en.wikipedia.org en.wikipedia.org
Long: - Higher Low & RSI: > 40. - Higher High & RSI: > 70. Demo short targets:
How to trade breakout structure by using the MACD indicator. the top green/blue and low red MACD indicates the lower and higher price on the chart, use your tools to mark them and wait for the breakout, then follow the steps on the chart. I hope it is not that hard setup.
Hi traders, BTCUSD is showing the last correction wave C 1-day 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...
Triangle breakout on this H1 chart volume decreasing with Chaikin Money Flow falling below zero. 38.2% Fibonacci Retracement key level to watch for retest. Big show of weakness. Big selling pressure. 14.6% Fibo target maintained in confluence on this triangle pattern. 2nd target below on AB=CD pattern in confluence with local support as we can see in my last update today.
Monthly superbearish with Chaikin Oscillator diving below zero / center line. Ehler's Fisher Center of Gravity (CC) & Fisher Transfom aiming july in a bearish momentum. Price action to sell.
EUR/CHF has made a new higher high since 3/21/22 and breaking out the resistance zone above the 200 EMA and MACD confirmation. Possible bullish idea.
hi guys If Bitcoin loses its current support, it will enter the range of 37,500 to 3,500, which contains a harmonic bullish pattern, but I think Bitcoin will experience a bullish move and rise to a price of 45,000, but at 45,000 Bitcoin 2 It has static resistance and 2 dynamic resistances And I also found a RD+ divergence that could be a sign of an uptrend for Bitcoin
Hello, everyone! The Bitcoin continued the sideways around $40k. I think that you are bored of my standard analysis methods. Today let’s use the trend and countertrend lines in our analysis. What do we have right now? The trendline 1 was broken to the downside but was not retested. It’s retest is the perfect short entry point. Trendline 2 was not even tested and...
Avis Budget rallied in the fourth quarter on a value-driven short squeeze. It’s calmed down since but now may be showing some interesting patterns. First, consider the bounce off the 200-day simple moving average (SMA) on February 24. That could suggest the longer-term uptrend remains in effect. Second, notice how prices have stayed in a tight channel since...
Tesla had a sharp rally in late March, but now there could be evidence of sellers taking the wheel. The first major pattern on today’s chart is the trendline running along the peaks of November 4, January 4 and April 5. Each time prices have approached with a bang, only to reverse lower the next candle. The ovals highlight rejections near the highs, suggesting...
CME_MINI:NQM2022 - PR High: 14379.75 - PR Low: 14332.50 Evening Stats (As of 12:25 AM) - Gap: = N/A - Session Open ATR: 369.67 - Volume: 37k - Open Int: 231k - Trend Grade: Neutral - From ATH: -15.0% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 14675 - Mid: 13500 - Short: 12390 Keep in mind this is not speculation or a prediction. Only...