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NIFTY50 is looking Bullish. 🤑 Nifty is likely to be Bullish till it's above 18240. ❓ Reason: Because Nifty is above the Trailing SL of ATM Machine Indicator on Hourly Chart. 🚧 Upside Hurdles: 18375, 18510. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 👺 Long Term Trend is Trapping the Bulls. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺ @ohotradin@OhoTrading0 is looking Bullish. 🤑 Nifty is likely to be Bullish till it's above 18240. ❓ Reason: Because Nifty is above the Trailing SL of ATM Machine Indicator on Hourly Chart. 🚧 Upside Hurdles: 18375, 18510. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 👺 Long Term Trend is Trapping the Bulls. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺ @ohotrading
NSE:NIFTYLong
by AIATMMACHINE
TSLA BREAK OF WEDGE COULD RESULT IN RETEST OF $1000🔸️Ticker Symbol: TSLA 🔸️Timeframe: 4 Hour 🔸️4X Bull Pattern🔸️Investment Strategy: Neutral TECHNICAL ANALYSIS: TSLA is currently in a 4X bull pattern. This means all 4 of our indicators are pointing in the same direction. Our linear regression indicator is in a bullish pattern, our money momentum indicator is shifting higher, we have a green dot representing a key ema crossover to the upside and lastly out middle band is displaying bull market momentum. If we can break out about this wedge formation on the 4H timeframe I do believe we could potentially see TSLA test the $1000 mark again in the coming weeks. Thanks for following! 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
NASDAQ:TSLA
by TrendsiTrades
3
HOW-TO allow your indicators to adapt to market cyclesFor many traders with a background in digital signal processing (DSP), John F Ehlers' cycle theory may be easy to understand. He sees the market as a discrete digital signal system and uses a lot of modern digital signal algorithms in his indicators. Among them, he believes that the market life is a variable cycle, rich in various harmonic components of the digital signal system. Since it is a variable cycle, if the parameters of many technical indicators are fixed, they can only conform to the market characteristics for a certain period of time and can correctly reflect the real state of the market at that time alone. Once the market frequency is adjusted, the "frequency" of the fixed parameter indicator will be "out of tune" with the market, and thus will be invalid. In short, it is like the FM radio used in daily life. If the frequency can be matched, you can enjoy wonderful music. Once the frequency is shifted, you can only hear noise. This is a truth for market as well. In addition, Ehlers' cycle theory holds that trends are just large cycles, with rising or falling phases dominated by the large-period component, and small periods of various rhythms mixed in with the large-period component. But in any case, it can be expressed by sine wave synthesis of many frequencies, but there are many components, and the frequency is changing. In fact, this not only corresponds to Dow Theory and Elliott Wave Theory, but also corresponds to the concept of "level/timeframe" of Chinese Zen Theory. This explains why many people still fail to invest in stocks after learning the Elliott wave or Zen theory, because this "dominant cycle/level/timeframe" is changing, not static. Most likely to lose money or being liquidated. If a sniper wants to hit a high-speed moving target, he must adjust the magnification of the magnifying glass. Using a fixed multiplier to shoot an out-of-range target will increase the probability of misses. It is reasonable to use technical indicators as well. Technical indicators of automatic parameter adjustment At present, many people try various methods to make technical indicators quickly adapt to market changes, that is, Adaptive Indicators. There is no shortage of traders using AI machine learning algorithms and even the latest Transformer algorithms (Google). However, traditional machine learning algorithm training requires a large number of samples and training to ensure that the algorithm converges and obtains effective parameters. But this response is often not enough to meet the rapidly changing market trends. At this time, some adaptive algorithms in the Ehlers cycle theory can be considered to adapt the index parameters. For example, the figure below is an adaptive RSI that calculates the main control period through discrete Fourier transform and uses the main control period to "tune" the RSI indicator parameters. Simply put, the parameter of this adaptive RSI is neither 14 nor 7, but a dynamic parameter N is calculated according to market changes, you can set the range of this N, and the algorithm will automatically calculate the value of N, and Let RSI automatically adjust among different parameters. SZSE: 399006 ChiNext Index from TradingView In order to compare and see the effect of adding or not adding self-adaptation on the indicators, I use the following ESCGO oscillator for comparison. The above is the ESCGO indicator with fixed parameters that I wrote, and the following is the ESCGO indicator with adaptation. Can you see the difference? SZSE: 399006 ChiNext Index from TradingView I read 4 English books of J.F Ehlers, and after carefully studying all the published articles, I summed up 12 algorithms for calculating the Dominant Cycle of the market, and wrote them into the TradingView pine v5 library dc_ta to share publicly at TradingView community. 1. EhlersHoDyDC(). This is the algorithm that Ehlers uses Hilbert Transform combined with Homodyne Discriminator to calculate the main control period. Homodyne means that the market signal is multiplied by itself. More precisely, we want to multiply the complex value of the signal of the current bar with the signal of the previous bar. By definition, a complex conjugate is a complex number with the sign of its imaginary part reversed. 2. EhlersPhAcDC(). This is an algorithm that uses the Hilbert Transform combined with the Phase Accumulator to calculate the master cycle. The market master cycle measurement using the phase accumulation method always uses one full cycle of historical data. This is both an advantage and a disadvantage. The advantage is that the hysteresis in the obtained master period is directly related to the loop period. That is, short-period measurements have less lag than long-period measurements. However, the number of samples used to make the measurements means that the average period varies with the loop period. A longer averaging time will reduce the noise level compared to the signal. Therefore, a shorter period necessarily has a higher output signal-to-noise ratio (SNR). Therefore, this algorithm is more suitable for calculating small cycles to ensure less cycle calculation lag. 3. EhlersDuDiDC(). This is the way to calculate the main control period using the Hilbert Transform combined with the Dual Differential algorithm. The market signal components are complex averaged and smoothed in the EMA to avoid any undesired cross products in the subsequent multiplication steps. Periods are solved directly from the smoothed in-phase and quadrature components. The temporary calculation of the denominator is performed as Value1 to ensure that the denominator does not have a zero value. The sign of Value1 is reversed with respect to the theoretical equation because the difference is looked back in time. 4. EhlersCycPer(). This is Cycle Period. It shows how to calculate the current cycle period, which is the approximate number of bars between the current peak or trough and the next peak or trough. 5. EhlersCycPer2(). This is another version of Cycle Period. 6. EhlersBPZC(). This is the Bandpass Zero Crossings method. Traders who have a better understanding of digital filter theory will know that the main control period can be found by constraining the bandwidth of the bandpass filter, and other period components are filtered out, and then the output signal will be like a sine wave, when the sine wave starts crossing over from a zero point. It is a cycle to crossover zero to the next time. 7. EhlersAutoPer(). This is the Autocorrelation Periodogram method. The construction of the autocorrelation periodogram starts with the autocorrelation function using a minimum of three average candlesticks. Extract loop information using the discrete Fourier transform (DFT) of the autocorrelation results. Compared with other spectrum estimation techniques, this method has specific advantages (which do not mean that these advantages are more obvious in practical applications). 8. EhlersHoDyDCE(). This is an algorithm that Ehlers uses to calculate the main control period using Bandpass Filtering combined with Homodyne Discriminator. 9. EhlersPhAcDCE(). This is the algorithm that Ehlers uses Bandpass Filtering combined with Phase Accumulator to calculate the main control period. 10. EhlersDuDiDCE(). This is how Ehlers uses Bandpass Filtering combined with Dual Differential algorithm to calculate the dominant cycle. 11. EhlersDFTDC(). This is the method of extracting the dominant period by discrete Fourier transform. 12. EhlersDFTDC2(). This is a method of extracting the dominant period using multiple bandpass filters combined with discrete Fourier transforms. The dc_ta library can enable traditional indicators, but there is also a difficulty here, that is, the problem of scaling dynamic adaptive parameters: which value is the benchmark, and how much amplitude is the best. I understand that the use of the dc_ta adaptive library can only undertake part of the work of tracking market changes by the algorithm, and it is still necessary to control the long-term drift of the algorithm. I am still in the research stage. At present, in addition to calibration, the calculated period lag still needs to be evaluated. That is to say, if the calculated cycle is already obsolete, it is of little significance to the current market. Who are interested in this topic are welcome to exchange relevant insights with me.
SZSE:399006
by blackcat1402
6
Having Indicators Does NOT Guarantee Success WITHOUT KNOWLEDGE!Hi Everyone! Simply wanted to explain the dilemma I'm in and WHY I REFUSE to provide buy and/or sell signals on TradingView at present. I have spent the past several months SLOWLY providing and EMPHASIZING different RULES for my indicators and REQUIREMENTS for them in an effort to show WHAT IS POSSIBLE if you KNOW what you are doing with the indicators. I have not shared everything. DO NOT ASSUME you know everything and you will be successful as I know you can be with FULL KNOWLEDGE of how to use the indicators. I've simply been providing a TASTE of the POTENTIAL hidden within the indicators. At the same time, you MUST understand the LIMITATIONS we have in our ANALYTICS with the indicators and make up for those LIMITATIONS by performing MULTIPLE TYPES OF TRADING to take full advantage and overcoming those limitations. We MUST have a strategy (plan) in our TRADING with multiple TYPES of TRADING in order to offset our LIMITATIONS with our ANALYTICS. Not sure if this makes sense but IT WILL in the future. Happy Trading and Stay Awesome! David
BITSTAMP:BTCUSD
by WyckoffMode
31
TOTAL2 Market Cap Exclude BTC | Bullish Chart & IndicatorsCrypto Total Market Cap Exclude BTC (TOTAL2) This chart is now bullish with bullish indicators... Let's take a closer look. In late October TOTAL2 had a strong breakout that put its value above EMA10 and EMA50... Right now the resistance that is being challenged is EMA100 at 73.515B. The light blue space is where the consolidation/sideways action can take place. The continuation is bullish, a bullish flag or also ascending triangle can be drawn on this chart as bullish chart patterns. The indicators are also bullish. The MACD is above 0 and the RSI strong above 50. We also have higher lows and higher highs being printed on the chart... So we are expecting a follow up from the bulls based on these signals. SUPPORT & RESISTANCE LEVELS The immediate support is EMA10 at 71.145B, followed by strong support at EMA50 (69.831B). As a resistance, we have EMA100 as mentioned above at 73.512B followed by the Fib. resistance at 74.299B. All the additional details are marked on the chart. Feel free to leave a comment if you have any questions. A LIKE for more charts, free content, trades, and analyzes. Thanks a lot for reading. Namaste.
CRYPTOCAP:TOTAL2Long
by MasterAnanda
2
Trust no indicators... just use them !Several posts have been made already on that so I'll go with my arguments on the matter. Always use trend analysis with your favorite indicators to establish stop loss and target limits. Head and shoulders, ascending flags and pennants are actually indicating you a timing to invest or take profit. To have a clue about future trends, the best you can do is to get live info by keeping a close eye on the volume traded and the order book of the crypto asset you want to trade (Or not !). The whole point is to know which asset has the best potential to moon and moon usually goes with the market perception of what is a good coin. Read as much as you can on every coin to have an outline of the crypto world in mind, know which ones are solid and which ones are not in your opinion. Know which coin does what, which coin does what another coin does too, which projects are associated to each other. Get a clue about usability of the given cryptocurrency, compare coins between each other. If you invest in a coin and cannot answer the following question on the asset you are investing in, you may be doing it wrong: "Is that coin worth the price it is right now compared to the whole crypto market value ? Compared to real-life usability ?" For example, in my humble opinion, the crypto market overall is overvalued at the moment but don't take my words for it, go check it out, do you agree ? Do your own research on the assets that interest you. Evaluate if this asset has an edge over the market. Is it unique ? Once you have a list of assets that interest you, only then, go for a trend analysis. DO NOT BUY a coin that just reached all-time high. Look at the life-time price history and reduce your scope to a week to understand if that asset is rather overvalued or undervalued at the moment you want to invest in it. Use as little as $100 to get a clue about the crypto market pace and movements. Which coin moves witch which one at what time. Although generally full of sh$t, chat rooms and forums are good indicators of the market sentiment and perception, if you know how to read between the lines and understand sarcasm and trash talking (to understand that, you need to know about the crypto world as a whole). By pace, I meant that information you just integrated on a given coin might take days to hit the crypto market collective consciousness. The price will not change when you realise stuff, it will when whales and masses realise them. So you need to listen to them first before any technical analysis or charting can be relevant. To listen to them, you need to know that info before them. To do so, you have wonderful instruments online. Analysing sentiment trends and big data is easy for any google user... DYOR. And please don't ever base your investment decision again on the aspect of a chart only. Last but not least, FOMO. Don't fear of missing out, have in mind that those people having their ride on a pumped coin might not have the one you'll get (probably in a matter of hours or days) on your asset when the time comes. I found that leading coins pumps are usually solid and you can ride them if you take them soon enough but that's about it and even then, there is not that many stable coins anymore in the market as it is right now and pumps on leading coins are scarce. If you miss a pump on a given coin, be happy this coin came to your attention. Have a read on it, on the project. Does the team look serious ? What is the market perception of it ? Maybe the next move will be for you, or maybe you will find out that this pumps was shady, no real reason behind it and the community of that coin is close to non-existant, in that case, I would recommend forgetting about that asset for now. For now... because, never stop learning and challenging your perception. What is right at moment 't', can be wrong at 't+1'. My 0.00000001 on it obv. I hope that can help some, and cool some others down after the recent fireworks.
BITFINEX:IOTUSD
by Cryptonacci
5
Testing Indicators...These indicators are also excellent for scalping on low time-frames (like 1min chart); I tested them & they proved to be reliable (in getting some pips here & there in volatile/ranging/sideways market movements)... But I'll also be using them to analyse longer term time-frame charts (e.g. 1hr & above)... The basic concept is to identify overbought & oversold conditions to take the trade-position, & catch the price movement (when it's time for the price to reverse/rebound/pullback again shortly)...: Trades may last a short time, executed & closed rapidly; ranging from few seconds to couple of minutes (scalping on 1min chart)... But the principles of the indicators should also work/function accordingly in the longer time-frame charts (e.g. like the 4hr & 1d)... I also have everything loaded in my live trading platform as well (but I have a slightly more advance MACD indicator in there just no Stoch RSI unfortunately, which is a terrific indicator for saving me from potential bull/bear traps; so I have to use the Stoch Oscillator & customize that instead, but it is still no where near)... They can bring me the dough, so why not... Happy pipping... All the best.
by ProFX_Strategist
RCOM : Analyzing Opportunities in Reliance CommunicationsEmbark on a journey of strategic investment as we dissect the growth potential of Reliance Communications (RCOM). In this detailed analysis by NEOALGO, we navigate the intricacies of RCOM's narrative, shedding light on key indicators that shape its future trajectory. Resilient order blocks, promising upward trends, and a noteworthy EMA crossing collectively contribute to the positive narrative surrounding RCOM. This strategic overview aims to provide investors with a comprehensive understanding of the factors influencing the stock's potential growth. It's crucial to approach investment decisions with diligence. While NEOALGO offers valuable insights, it is not SEBI registered. Investors are encouraged to conduct thorough research, recognizing that their profit or loss is a direct outcome of their decisions. Stay informed, explore the growth potential of RCOM, and make strategic investment decisions with confidence, backed by our detailed analysis. 🚀📊 #RCOM #InvestmentAnalysis #GrowthPotential #ProfessionalInsights
BSE:RCOMLong
by NEOALGO_PRO
2
UNIVASTU STOCK: Signals Aligned for Growth 🚀Dive into the intricate world of UNIVASTU STOCK, where promising indicators converge for a potential upswing. Notably supported by order blocks, strong upward signals, and a convincing EMA crossing, our analysis at NEOALGO reveals a multifaceted confirmation of a bullish trajectory. UNIVASTU's resilience is evident as it finds solid support in order blocks, signaling a robust foundation. Coupled with compelling upward signals and a clear EMA crossing, these factors contribute to a strong projection of growth. However, it's crucial to approach with caution. NEOALGO is not SEBI registered, and while our insights provide valuable perspectives, investors must conduct thorough research. Remember, your profit or loss is solely your responsibility. Stay informed, explore the potential of UNIVASTU STOCK, and trade strategically with our detailed analysis. 📊✨ #UNIVASTU #StockAnalysis #BullishSignals #TradeResponsibly
NSE:UNIVASTULong
by NEOALGO_PRO
Have you heard about the Aroon Indicator? Anybody who’s used momentum oscillators can tell you that they’re useful. Want to understand trends? Momentum oscillator. Looking for trading signals? Momentum oscillator. Ranging or trending? Momentum oscillator. The umbrella of momentum indicators solves most scenarios. Popular examples include RSI, Stochastic Oscillator, and… the Aroon Indicator! Yes, Aroon is not as popular as the others but it does have merits. Meet the Aroon Indicator Security prices hit highs and lows based on various factors. This can lead to new trends, and reversals or the security might simply hit a range and stay there for a while. The Aroon measures both for a given time period using two indicators known as the Aroon Up and Aroon Down, after which it will calculate the strength of the trend. The result will be a number between 0 to 100. The best part - you have the liberty to choose the time period (n). The “n” can thus be 14, 20, or whatever you want it to be. 1. Aroon Up Formula n - Days Since Recent High / n 2. Aroon Down Formula n - Days Since Recent Low / n Notice how there’s a special focus on the time when it comes to Aroon? That’s because Aroon is one of the rare indicators to show you time relative to price. Usually, other oscillators show you the price relative to time. This sets Aroon apart from the rest. Interpreting the Aroon Indicator 1. Values A higher Aroon value indicates stronger trends Aroon Up = 100: new bullish trend Aroon Up = 30 to 70 & Aroon Down = 0 to 30: potential bullish trend Aroon Down = 100: new bearish trend Aroon Down = 30 to 70 & Aroon Up = 0 to 30: potential bearish trend 2. Crossover When the Aroon Up and Aroon Down intersect/crossover, the following may be likely: Aroon Up moves above Aroon Down: potential bullish trend Aroon Up moves below Aroon Down: potential bearish trend No Crossover: price consolidation/ranging But… the Aroon Indicator can generate false trading signals. That’s why it would be wise to use Aroon in conjunction with other indicators. P.S.: Aroon isn’t the only indicator that’s prone to false trading signals. Bollinger Bands too can generate a “headfake”, which we’ve covered in this blog about Bollinger Bands Indicator. Above is an example of how the Aroon indicator looks on the Reliance chart Conclusion Aroon oscillators can be viewed as leading or lagging oscillators, depending on how you look at them. Essentially, the indicator attempts to determine trends just before or during their occurrence. This makes it a potential leading indicator. However, the trading signals that Aroon generates can be late and as a result, it is also a lagging indicator. We hope you find this information useful about the indicators. We usually post about trading and investing on blog.dhan.co (do check this out) Let us know what should we write about next. Until then happy trading! Disclaimer: Recommended stock name is only used as an example.
NSE:RELIANCE
by Dhan
1
Three Year Parallel Channel of Nifty with Multiple indicators. We have tried to draw a Three Year Parallel Channel of Nifty with Multiple indicators. We will try to understand what is happening as per each indicator and try to get the jist of moves that may occur with a medium to long term perspective. Indicator 1) Parallel Channel: The parallel channel indicates that after hitting the channel top at 26277 the Nifty is receding and is on a search of it's bottom from where it can launch forward again. That is the case when every time Nifty has it a channel top as you can see in the chart. The Future Channel Top once Nifty picks up the next Bull run seems to be around 29497 as per the parallel channel. Mid channel support of the parallel channel is around 23500 zone which can support Nifty. If we get a weekly closing below 23500 this level will become a resistance. In such a scenario of weekly closing below 23500 Channel bottom seems to be near 21296. Indicator 2) Fibonacci Retracement: Fibonacci retracement suggests a bottom near 23263. If this level is broken there is a possibility of Nifty falling to the next fibonacci supports will be at 22506 and 21577. Once the Bull run begins the next resistance levels as per Fibonacci seem to be at 24725, 26777 (Previous high), 27162 and finally 28331. Indicator 3) Bollinger Band: Support with respect to lower width of Bollinger Band seems to be near 23340. Mid Bollinger band resistance seems to be near 24660 and Bollinger band upper width resistances seems to be near 25981. Indicator 4) RSI or the Relative Strength Index: RSI currently is at 44.41 and going downwards showing weakness. The RSI support can be found in the zone of 40, 38 or 36. Usually When RSI is below 30 the stock or index is considered oversold and when the stock or index RSI is above 70 it is considered overbought. RSI Below 20 is extremely oversold zone and RSI above 80 is considered extremely overbought. Indicator 5) MACD or Moving Average Convergence and Divergence: MACD is a combination of Moving averages lines which tend to indicate direction in which stock or index will move and histograms indicate strength or weakness of a rally. As per MACD Nifty right now is in extreme Bear grip and will take a little time to recover. When the Blue line will start moving upwards and when it might cross the red line and continue to move upwards it can be considered as Nifty will come back to Bull Zone. Colour of histograms at that time will also start going Dark Green or light Green. Indicator 6) 50 and 200 weeks EMA or the Mother and Father line: I have designed a theory called Mother, Father and Small Child Theory. As per this theory the movement of index or a stock in the chart is like a movement of a 3 year old child when it goes to a garden. The movement of 50 EMA is like movement of the mother and movement of the 200 EMA is like movement of a Father of that child. To know more about this theory or other indicators mentioned earlier you need to read my book THE HAPPY CANDLES WAY TO WEALTH CREATION. This book is available in Amazon in paperback or Kindle version. It is one of the Highest rated book in the category. Have a look at that book it will help you immensely in your wealth creation journey. Now as per this theory the Nifty right now is at 23587. 50 Weeks EMA is at 23403. 200 Weeks EMA is at 19335. as the Nifty is above these levels both these levels will work as a great support to Nifty and can help Nifty from falling further. Conclusion: Nifty is approaching multiple supports from where it has potential to turnaround. Mid channel support is around 23500, 50 Weeks EMA support or the Mother line is at 23403. 23340 is the Bollinger band lower band width support. Fibonacci support is at 23263. We can see a turnaround mostly from either of these three supports. If these supports are broken by chance (looks less likely but you can never say never) then the next supports will be at 22507, 21296 or worst case scenario as of now looks like 19335. On the upper side resistances seem to be at 24660 Fibonacci mid resistance, 24725 is the Fibonacci resistance, 25981 is Bollinger band upper width resistance and 26277 is the Fibonacci resistnace which also the previous high of Nifty. Once this zone is crossed in a long term we can reach the targets of 27162 Fibonacci resistance, 28331 Fibonacci golden ratio resistnace and 29497 which is the approximate nex channel top. (This is the Medium to Long term outlook of Nifty). This is how you can analyse any index or a stock using the 6 indicators mentioned in the writeup. I give top most priority to these 6 indicators in my analysis. Disclaimer: Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:NIFTY
by Happy_Candles_Investment
These Indicators align to project Ethereum revisiting 1KLooking at the Ethereum daily chart, hearing and reading about all the calls for a crypto bottom, one would get confused as to what is happening, might happen, and if we are missing out on a momentous time where it really is the very bottom. So, based on these, I took the time to pull out the Ethereum daily chart, decided to either put a bull case or a bear case scenario, whichever is more apparent, and set the scene. Then this scenario's validation or invalidation would be telling of where things are going - bull or bear. The bear case prevailed as it was very apparent. Below is how it was constructed... First group of indicators: the 200EMA, 55/2 Hull EHMA and trend change patterns. See the orange 200EMA line, the red/green ribbon and the blue line marking out the tops and bottoms with the yellow resistance/support line. Price has not been above the 200EMA since April 2022, and had actually crossed down and failed an attempt to breakout in mid August. The 200EMA is not leveling up nor poised to change (unlike early August). Price is above the Hull EHMA but the ribbon turned red in the recent week. Now, if and when price falls below the ribbon, it would be really bearish. It failed an attempt to break down in the previous week, but there does not appear to be momentum nor strength to keep it up for much longer. The trend change patterns are a series of either higher highs and higher lows or lower highs and lower lows, given that the second higher high, or second lower low would set the breakout or breakdown point respectively (yellow S/R line). In May 2022, it was a clear break down. In July 2022, it was a break up. Currently, a potential pattern is forming and the second lower low (support level) has been set. A break down of this level would be bearish, and as per May 2022 example, it could fall off a cliff (towards the last low for a start). Having said that, the MACD in this case a opposing (as compared to the previous two events). Not sure what to make out of this for now, but a spike in price would certainly clarify. The fact that the longer term histograms (in the background ) is slightly bearish, tells that a revisit to the last low is slightly more possible. Second group of indicators: the TD Sequential See the numbers above or below the candlesticks Referencing and credits to Thomas Demark, side mention about Jason Perl who wrote a simplified and easier to read book of Thomas Demark's work. In the TD Sequential indicator, there are specific rules, particularly one that specifies a TD Setup (a series of 9 candles) defines the support resistance lines for the opposing TD Setup to break and effect a trend change. In March 2022, it was a bull trend. Which was then broken in May 2022, where the TD Setup (red) broke down the TDST (red dotted line). This was indication that the trend is bearish. Another TD Setup was done in June 2022. There was no successful opposing TD Setup, and the price failed the breakout of the TDST in mid August, confirming that the trend in force currently is bearish. Last indicator: Fibonacci retracement and projection The Fibonacci retracement was set for the recent low in late August, from the recent high in early August. It is not by coincidence that the retracement was to the 61.8% level, and by Fibo projections, the downside target (161.8%) is 1006. In addition, flipping to the weekly Ethereum chart actually points to a bearish trending environment. The next upper time frame is consulted to find fractal alignments, which always helps in objectivity. A wider perspective might also to consider the overall global market condition. At this point, cryptocurrencies tend not to do well in the face of an equity market breakdown. So, the tendency of a equity market breakdown, cryptocurrencies are not steady enough (yet) to counter that trend. So, some alignment here is a coincidental downside is imminent. Invalidating the Bear case... 1. A price spike up over 1718 invalidates the Fibonacci projection; 2. A price spike up over 1718 also invalidates the trend change pattern as a higher high is achieved. This should also push the MACD upwards in a crossover; 3. A price spike above 1844, and sustaining above that level with the start of a TD Setup would give an indication that a bull case is forming; and 4. A price break above the 200EMA and a higher high above 2036 would be a clear indication of a bull case in effect, with the last August low of 1424 converting into a higher low for a larger trend change pattern. If and when these 4 conditions prevail, then a bull case is presumed, otherwise, the base bear case is default. Watch the incoming week(s)... Wait for it. PS. I hope that this analytical breakdown helps to show how prevailing base case models are formed, including the invalidation of the model. Have a good rest of the weekend, and a great week ahead!
BINANCE:ETHUSD
by Auguraltrader
BTCUSD stop chasing indicators!Cryptos trade so technical, so you really don't need anything special or any secret indicators. I regularly look at other traders post on TradingView and other places and find that so many traders go from one indicator to another. There is no consistency in their trading style or any lesson for the viewer. Maybe I'm wrong. . . Maybe I am just to old or not smart enough. But if you get frustrated with your trading maybe the best thing you could do is limit the number of indicators on your chart and which ever indicator you choose stick with it and learn its subtle indicators. For example on most of my charting platforms I use RSI. Typically traders with say when RSI is above 70 or lesser than 30 it is over bought or oversold. However, I tend to use RSI as confirmation of a strong trend that I don't want to fade. I may only fade the the trend if it has been continuing on for a long period of time and running into a major support or resistance with a strong reversal candle and capitulation volume. . . For a month some many have pointed to their fancy indicators suggesting that BTC would fall back to support. However, if they just look at the price and volume action and the most common moving averages they would of realized that there really wasn't any sign of weakness and that $6000 was most likely going to be hit.
BITFINEX:BTCUSDLong
by SR618
“ EUR/GBP Buy Setup – Demand Zone to the Moon? ”Key Zones & Levels 🟦 Demand Zone: Between 0.85555 – 0.85200 Buyers previously pushed price up here — now acting as a strong support base! 🎯 Target Point: 0.87406 Potential upside of +179 pips / +2.09% 🟢 Entry Point: Around 0.85555, just above the demand zone Ideal spot for a Buy Entry if confirmation shows. 🛑 Stop Loss: Set at 0.85200 Smart risk protection below the zone. Indicators 📉 Downtrend Line: A break above this could signal the start of a bullish Reversal. 📈 EMA (7-period): Currently around 0.85796 Reclaiming above this line strengthens the buy signal. Trade Plan Summary ✅ Buy on bounce from demand zone 🔓 Breakout of the trend line = confirmation 🎯 TP: 0.87406 🛡️ SL: 0.85200 ⚖️ Risk-to-Reward Ratio: Excellent (about 1:6) Final Thoughts Wait for bullish candles near the entry point Watch fundamentals too — EUR & GBP news could impact direction Stay alert for false breakouts below the demand zone
Long
by Jameshead007
EUR/AUD 4H Trade Setup: Demand Zone Bounce to 1.87500🔵 Key Zones and Levels 🟦 Demand Zone: Strong support area where price has bounced multiple times. ✅ Confluence with the trendline gives extra strength. 🎯 Entry Point: 1.78990 Perfect spot for a potential buy setup. 🛑 Stop Loss: 1.76962 Below the demand zone to protect against false breakouts. 🚀 Target Point: 1.87500 Profit goal with an impressive +4.85% potential (867.4 pips)! 📊 Price Action 📍Current price: 1.80528 (hovering near EMA and close to entry) 🔁 Price has tested the support zone several times — showing signs of accumulation. ⬆️ Potential bullish breakout from this zone. 🔍 Indicators & Patterns 📏 EMA (7): Price is near it, waiting for a clear move above for momentum. 📈 Trendline: Holding well as dynamic support. 🔶 Channel pattern: Higher highs and higher lows indicate uptrend structure. 📌 Summary 🟢 Buy Setup: 🛒 Entry: 1.78990 🛑 Stop Loss: 1.76962 🎯 Target: 1.87500 ⚖️ Risk-Reward: Great R:R setup with strong technical backing!
Long
by Jameshead007
XAU/USD15-Min Chart –Bullish Setup with RBR Zone & Breakout TRG🔷 Chart Structure * 📊 Ascending Channel   ↗️ Price is moving within an upward-sloping channel     • Higher Highs     • Higher Lows * 🔍 Short-Term Trend: Bullish momentum is intact 🟦 Key Zones * 🟦 RBR Zone (Rally-Base-Rally)   📌 Support area where buyers stepped in   🔄 Price bounced from this zone * 🟥 Resistance Zone   🚫 Around 3,250 – sellers previously active here   👀 Watch for breakout confirmation ✅ Trade Setup * 🎯 Entry Point: 3,226.38 * ⛔ Stop Loss: 3,216.30 * 🥅 Target: 3,267.00 * 💰 Potential Gain: 38.67 points (1.20%) 📊 Risk-Reward Ratio: ~1:3 — very favorable! 📍 Indicators * 📉 EMA (7) — acts as short-term support   🟡 Price is consolidating near EMA — possible setup for next move. 📌 Outlook * 🟢 Bullish Bias – As long as price stays above RBR zone * 🔔 Breakout Alert – A break above resistance may lead to sharp upside move toward the target.
FOREXCOM:XAUUSDLong
by Jameshead007
2
Example of how to determine the timing of a tradeHello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The following is an explanation of how to use the indicators included in the chart. If you don't need to see how to use the indicators, you don't have to read it. - (15m chart) Currently, it is moving sideways within the box section of the HA-Low indicator. Therefore, in order for a trend to occur, it must break out of the box section of the HA-Low indicator. When the support and resistance points indicated on the chart are touched, you should check the movements of the OBV, DMI, and StochRSI indicators and decide whether to proceed with the trade. If the DMI rises above 25, there is a possibility that it will break through the box section of the HA-Low indicator upward. At this time, you should check whether the OBV is rising along the high point line and the status of the StochRSI. If not, you should decide whether to proceed with the trade within the box section. -------------------------------------- I think that the indicators I used have been organized and modified, and now they are being used more in day trading. If possible, it is good to draw support and resistance lines on the 1M, 1W, and 1D charts and respond accordingly. The most difficult part of any trade is whether it will go up or down right now. For this, we refer to many things. So, what I am going to explain is not necessarily correct, but I think it will reduce the fight with myself about whether to trade right now. - (1D chart) (4m chart) The most important thing in my chart is the MS-Signal indicator. This MS-Signal indicator was created using the MACD formula. Therefore, to see the trend, you can refer to the movement of the MS-Signal indicator (M-Signal on 1D, 1W, 1M charts). Then, you can immediately see the current trend on any time frame chart. For reference, the MS-Signal indicator is made up of the M-Signal line and the S-Signal line. - (15m chart) (5m chart) The next important indicator is the HA-Low, HA-High indicator. The HA-Low, HA-High indicator is an indicator that shows the conditions for trading on the Heikin Ashi chart. Therefore, the creation of the HA-Low indicator means that a low point range has been formed, and the creation of the HA-High indicator means that a high point range has been formed. Therefore, if it is supported near the HA-Low indicator, it is a buying period, and the HA-High indicator is the first selling period. A full-scale uptrend begins when it is supported by the HA-Low indicator and rises above the HA-High indicator. On the other hand, a full-scale downtrend begins when it encounters resistance from the HA-High indicator and falls below the HA-Low indicator. You can use this characteristic to determine the timing of trading. - The BW line is an indicator that is displayed when the lowest point (0) and highest point (100) of the BW indicator included in the TS-BW DMI auxiliary indicator form a horizontal line. Therefore, the creation of the BW line means that a low point or high point section has been formed. Therefore, 1. If the BW indicator is at the lowest point (0), it means that a low point section has been formed. 2. If the BW indicator is at the highest point (100), it means that a high point section has been formed. However, rather than looking at the BW line in this sense, it is better to think of it as a support and resistance point and focus on whether you can proceed with trading depending on whether it is supported or not. - With the newly added OBV and DMI indicators, you can now check whether the current rise or fall will continue by following the correlation of the StochRSI indicator. I think it was difficult to determine this with just the StochRSI indicator in the past. The reason is that when the StochRSI indicator entered the overbought or oversold zone and tried to escape from that zone, it often led to additional rise or fall. Therefore, your own chart analysis know-how was needed to determine this. That does not mean that chart analysis know-how is not needed because the OBV and DMI indicators were added. Please think of it as the concept that there is more reference material to determine this. - (OBV indicator) In order for the price to rise or fall, trading volume must occur. Therefore, it is good to see whether the current rise or fall occurs and whether the buying or selling force increases. The indicator used to confirm this is the OBV indicator. I will not explain the concept of the indicators I am explaining separately. The reason is that it only increases the time spent studying the chart, so I am trying to explain only the core utilization methods of the indicator. In that sense, - If the OBV line rises above the high point and is maintained, it means that the buying force is increasing, - If the OBV line falls below the low point and is maintained, it means that the selling force is increasing. By utilizing this, it can be helpful in determining whether the current rise or fall is sustainable. The color changes when the low or high line is broken, which means that it is the trading period. - (DMI indicator) The DMI indicator is an indicator composed of D+, D-, and ADX lines. Therefore, it is difficult to see and interpret it. To compensate for this, three indicators were created as one. The ADX indicator indicates the strength of the trend. Therefore, an ADX line rising means that the current trend is getting stronger. On the other hand, an ADX line falling means that the current trend is getting weaker. Therefore, you cannot tell whether the current trend is rising or falling just by looking at the ADX line. The correlation between the D+ and D- indicators tells you this. The ADX line in the TS-BW DMI indicator is a comprehensive expression of this information. If the color of the ADX line is pink (#e65100), it indicates an upward trend, and if it is aqua, it indicates a downward trend. If the ADX line is located below 25, it is highly likely that a box section will form. Therefore, at this time, you should check the movement of the indicators mentioned above and check whether there is support at the support and resistance lines displayed at the current price position to determine the trading point. - By checking the correlation between StochRSI and StochRSI EMA, you can determine whether the current trend is sustainable by checking whether the previously used StochRSI indicator has entered the overbought or oversold zone. In other words, even if OBV and DMI show an upward trend, if the StochRSI indicator shows a downward trend in the overbought zone or declines, you should determine that it is difficult to continue the upward trend and find a way to respond. In that sense, if you look at the 1D chart, you can immediately see that even if it rises further, it will eventually fall. Therefore, I think it is a good idea to wait until the StochRSI indicator shows an initialization (if it has entered the overbought zone, it must fall and touch the oversold zone to be determined to have been initialized). We do not know how much the StochRSI indicator will fall, but now we can determine it by looking at the OBV and DMI indicators together. - To comprehensively explain the OBV, DMI, and StochRSI indicators, 1. For an uptrend to continue - OBV must show an uptrend along the high point line - DMI must show an uptrend - StochRSI must show an uptrend (better if it has not entered the overbought zone) 2. For a downtrend to continue - OBV must show a downtrend along the low point line - DMI must show an uptrend - StochRSI must show a downtrend (better if it has not entered the oversold zone) 3. In the case of a box zone - When OBV moves between the low point line and the high point line - When DMI is maintained around 25 or below - When StochRSI is maintained around 50 If you have not started a trade when a movement occurs at the support and resistance points drawn on the chart, it is recommended to check whether there is support by meeting the support and resistance points and then proceed with the trade. Also, - When OBV rises above the low or midline - When DMI shows an upward trend - When StochRSI rises in the oversold zone and becomes StochRSI > StochRSI EMA When the above conditions are met, you can check whether there is support at the support and resistance points drawn on the 1M, 1W, and 1D charts around the price and proceed with the transaction. If you are using my chart to trade, it is recommended to draw at least the HA-Low and HA-High indicators on the 1M, 1W, and 1D charts. And, when the BW line is created, you can determine the trading point by looking at the movement of the indicators. If you need more support and resistance points, you can activate the StochRSI-related (StochRSI < 80, StochRSI > 20), OBV, CCI-related (-100, +100), and RSI-related (RSI < 70, RSI > 30) indicators in the settings of the HA-MS_BW indicator. In addition, 1, 2, 3, and 4 indicate the volume profile points by period, so they also play the role of support and resistance. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it rises above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Here's a breakdown of the technical indicators:Based on current analysis, XAU/USD price tomorrow is likely to see a slight pullback or consolidation after today's strong rally. Here's a breakdown of the technical indicators: Strong Bullish Momentum: The overall trend remains strongly bullish, with Gold having broken above key resistance levels and hitting fresh all-time highs.   Overbought Conditions: Short-term oscillators like the Relative Strength Index (RSI) are showing overbought conditions, suggesting a potential for a minor retracement or consolidation. Support Levels: Potential support levels lie around the $2520-$2530 area, coinciding with previous highs and psychological levels. Resistance Levels: The immediate resistance level is likely to be around the all-time high of $2555, followed by potential psychological resistance at $2600. Overall, while the bullish momentum remains intact, a slight pullback or consolidation is likely in the short term. Traders should watch for potential buying opportunities around the support levels mentioned above, while keeping an eye on upcoming economic data releases and central bank announcements that could influence Gold's price trajectory. Disclaimer: Technical analysis is just one tool for analyzing markets, and it's essential to consider fundamental factors as well. Market conditions can change rapidly, and past performance is not indicative of future results. This is not financial advice, and you should always conduct your own research and consult with a financial professional before making any investment decisions
OANDA:XAUUSD
by UnknownUnicorn33427730
Nifty trading strategyHow to trade from now? Nifty Buying only = above 17745. Nifty Selling only = below 17723. It's the analysis with paid atm machine indicator on hourly chart. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any other indicators for finding out of levels ATM Machine Indicator Levels are plotted automatically. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺
NSE:NIFTYLong
by AIATMMACHINE
Nifty swing trading strategyHow to trade from now? Nifty Buying only = above 18106. Nifty Selling only = below 18063. It's the analysis with paid atm machine indicator on hourly chart. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any other indicators for finding out of levels ATM Machine Indicator Levels are plotted automatically. 🙏🏻 Come to Learn, Go to Earn🙏🏻 ✅ We are NISM Certified. ✅ ☔If you find us useful, Please help the helpless near you.☔ ☺Happy to Help.☺
NSE:NIFTYLong
by AIATMMACHINE