USDCAD is still struggling to break the support zone at 1.315 - 1.316. However, looking at the 1H chart we see multiple indications of a downtrend.
1. Price got rejected of Fibonacci R2 level and have seen a downward move since
2. After rejection, price came back below R1 and then crossed back to the upside but failed to stay above forming a Lower High
2. Price ...
https://www.tradingview.com/x/r23U3gM4/
We can see the bottom form on BB, this gives us a reasonable stop price to manage risk.
We also seen a key resistance broken at $10.17 on Friday, have not raise stop price yet.
Now I KNOW that many traders don't like "lagging" indicators like the EMA's. I get it. However, for those that DO see significance in the EMA's the 20 EMA has crossed the 50 EMA on the 4hr chart. This USUALLY means that a steep drop is soon to follow. Having said that I will concede that this crossover is a bit more shallow than most and there is at least one ...
After a bearish triangle break out, we have the crossing over of the 50EMA, signaling and uptrend. We also have the break and retest of the 1.33000 level, which is a support area, and a good place to go long.
Step #1 Wait for the Price to Break and close above the Ichimoku Cloud
Ichimoku cloud trading requires for the price to trade above the Cloud because that’s a bullish signal and potentially the beginning of a new up-trend.
The cloud is built to highlight support and resistance levels and it’s supposed to highlight several layers deep because support and resistance ...
Looking back at previous price action it's a less risky trade to go long ETH/USD once the EMA 30 is over the 50 on the daily chart. In this case, we are approaching that cross after a breakout from a few months of bearish price action. Once the cross happens I'm looking to go long on either:
Lower high / lower lows
Strong bullish candle after EMA touch (stop ...
My first post of hopefully more to come!
Please note, I have no formal TA training and the lines are just a rough guide to get my main SMA crossover point across. Please also forgive me for my vague phrasing.
A friend and I have been researching and testing a few different neural network models, LSTM and reinforcement. We are now getting deeper into the LSTM ...
Everything confirms and shows a downtrend, but looking at the trendlines and centre line for the RSI indicator. It seems that we can perhaps hope for a reversal soon
IF
1.Candle stick crosses the grey dotted line and we see higher highs.
2.OBV line crosses grey dotted line and we see an increase
3.RSI crosses centre line (50) for a bullish momentum.
Do you agree ...
i am a new trader i try to analyse the crypto markets .
as i learned when the EMA 200 cross over the EMA 50 = "cross over" thats mean the crash of trend , and the double top confirm that
any suggestion or correction are welcome as i am newbies .
There is a possible impulse wave in progress. The 21 EMA is approaching a crossover with the 55 EMA. Let's see if price pierces the 100 EMA, which will become a support if successful.
Strategy: Buy breakout of wave (1), then ride wave (3). Once target has been reached, a trailing stop loss may provide greater returns.
Long position details:
Time-frame - 10 ...
Backdrop
Since the positive pre-announcement of last week, the stock has popped and broken its up-channel resistance at $12.
All the while, the SMA 50 has crossed the SMA100 to the upside, providing a "golden-cross" positive cross-over setup.
The stock has since given back some 8% - Been waiting for it to consolidate towards the resistance-turned-support.
Trade ...
Waiting to see if a bullish parabolic green dot will paint for a long trade
This trade is from our free pdf "PARABOLIC SAR + MOVING AVERAGE STRATEGY"
PM me if you have any questions, I will be happy to help.
Green column is Big 3 Indicator Buy Signal
Numbers 1 - 2 - 3 are the Big 3 Trading Strategy Rules met
This trading strategy is from our free pdf "Big 3 Trading Strategy"
PM me if you have any questions, I will be happy to help.
