Get started

Support and Resistance

NZDUSD Daily & H4 Comparison Analiysis for next weekA Double Top formation on D1 followed by another Head & Shoulder Price Action Pattern on H4 which gives me Kicker to Trigger the Short option on this pair on the upcoming week. Also to keep in Mind if not H&S on H4, then a Double Top from the same can also give me a good Sniper entry to go Short. Depending on the Kicker and will decide my SL level but TP not less then 1:2 Trade Execution can be expected anywhere between Tuesday - Wednesday. So keep watching this one and put it on your To-Do List
Education
by Manjinder_Singh_Sasan
2
Pulse of an asset ala Fibonacci: LRC two spurts of Golden GrowthThis Chart is a an example of a "Golden" Fib series. This Concept is from "Chapter 5" of my going "book". This Religion is of the universality of the "Golden Ratio". . My "Book" detailing my Methodology with Numerous Examples: Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only .
COINBASE:LRCUSDEducation
by EuroMotif
1
GBPUSD Linear reg targeting/ building the cause (reference)For reference. Please reference Tom Williams or Richard Wykoffs material for a more thorough examonation and description of what creates bull or bear markets. In the meantime: The condition/health of the PRIOR trend has a direct impact of the condition/health of the CURRENT trend. A lot to get into here. But use the above resources for a professional explanation of the logic involved in this.. because its alllll logical. Its not random and its not magic. The answer is in the supply/demand relationship. V/R.
Education
by dee718
Trend analysis/Building the cause in a mark-down (reference)As part of a thorough trend analysis you can use the 1 hour to determine the condition of the current trend and how it will determine the condition of the following Mark-up or mark-down phase. (In order to draw anobjective channel i suggest activating the linear regression indicator) As a visual aid/reference imagine the upper line of the channel as your supply line and the lower line of the channel as your demand line. Imagine the buyers at the bottom and the sellers at the top. With each tap off of the demand line, how did the volume change, how large was the presence of buyers? Same with the supply line With each tap off of the supply line , how did the volume change, how large was the presence of sellers? Roughy estimate what side of the equation is higher.. the buyers or the sellers? RSI is another story . Just know that is the edges that should be of concern with RSI, not the center.
Education
by dee718
USDJPY WHATS NEXT? *HOW TO TRADE USDJPY THE 3 WAY* (1).First setup to consider is price is trending down it might reject 104.25 area to create a minor pullback before continuing its downtrend (2).Second setup to consider is price might reject 104.25 area to create a nice pullback to 105.35 which is a level of previous support and could potentially become our next level of resistance before price might continue its downtrend (3).Third setup to consider is price might reject 104.25 area to create a double bottom (Reversal Pattern) our first target will be 105.35 area.If price breaks the 105.35 area which will be our neckline for the double bottom and our final target will be 106.60 area THANK YOU FOR READING THIS POST IF YOU FIND THIS HELPFUL PLEASE SUPPORT BY PRESSING THE LIKE BUTTON OR COMMENT ON WHICH PAIR DO YOU WANT NEXT FOR EDUCATIONAL ANALYSIS.
Education
by HAHFX
Knowledge Is Super Power! How to Make Money in Simple Way?I don't understand the majority of traders who search for trading signals services, spend money for buying trading signals, and believe that such an approach will make them rich. I don't understand the strong wish to be dependent on a signal provider and his or her ability to provide quality trading signals for the audience. If we are given something we depend upon the giver and isn't it better to know how to fish instead of waiting for a fish from someone? Trading in any financial market can be simple for everyone. Of course, if you know what you are doing and how to catch opportunities from a price movement. Maybe you think it will need years to become a master of charts and predict future price movements? To tell you the truth you don't need to predict future price movements at all. It is an amateur's way of thinking and of course, it is wrong. What do you need, it is just to follow the market. That's all! I prepared for you the examples of 3 trades which gave good profit. They are based on a trend-reversal and trend-following setups. They will be the same in different timeframes and different markets. How many years do you need to study all of them? I guess we shouldn't talk about years. Maybe several weeks if you know nothing about trading. How much time do you need to learn the simple rules of proper money management? Maybe 1-2 days? Do you think it really takes a lot of time and effort to catch an uptrend as we have in the BTCUSD market? The majority can do it without waiting for trading signals from someone. But why the majority prefer to do nothing in this direction? It is a good question. You want to spend time and money for buying trading signals thinking that they will make you rich. Don't be so naive. There are no people in the world who will make tons of money for you for nothing. But there are people who can teach you how to trade properly and make consistent profit in the long run. You must remember, that only you can make yourself a successful person and change your life for the better. If you don't want to do it, why other people should care about you? Knowledge is a super power! It is a well-known fact and successful people will remind you about it one more time. Thanks for your attention!
BYBIT:BTCUSD.PEducation
by DLavrov
47
Intraday trading opportunities using liquidity gapsLiquidity gaps (price spikes) occur on the charts all the time and it doesn't matter what time frame you're looking at as you will find them everywhere. Now, not all liquidity gaps fill but depending on the market environment you're in, you can use these liquidity gaps to your favour to help discern where the market could go next sometimes with higher probability. What you have when you see a sharp spike in price are inefficient moves created in a direction where there is usually thinner liquidity present which is the reason for such a sharp drive in the first place, so when price starts to slow down after the move and show signs of weakness we can look for any topping or bottoming structures/patterns that may lead to price starting to fill the gap back to the original point where price took off from. As price starts to move back to the original position there is increased probability for price to fill the original drive higher or lower as there is not a lot of volume/transactions present in the price action to halt the move coming back towards the origin with great effect. Also, If price does fill back to the origin then there is a good chance that we could also see a bounce at this level again as this is where most of the order flow ignited the original spike higher/lower and additional volume could be present to help protect the original move. As you can see from the chart, we have shown 2 intraday moves on AUDUSD to show this natural movement in price that occurs very frequently both in a long and short example.
Education
by DavidVillagra
2
📖 How to trade horizontal levelsHello! If you like this analysis, please make sure to like the post! Today we are going to focus on horizontal levels (HL). ➖HLs and other instruments are based on MA, they are used only for determining support and resistance levelling. They are plotted depending on where the price movement stopped, where the price made its important high/low/close. Higher timeframes are used to find horizontal levels and lower timeframes are used for more accurate measurements. Monitoring the weekly level of graphs throughout a working out day, 3D or 4H is called “synchronization”. 🧐You should determine the horizontal level using at least two points, since the consistency and reaction of the price should be checked. You should note that the usual “the more price rebounds from the level, the stronger it is” rule is not working in this case. Actually it works in the opposite way, as the number of attempts increases the higher the probability of breaking the level. 💡 For example, now it is very important for bitcoin to have a level of $10,000, which was formed in May 2018. It held the price several times throughout several months, but in the end it was broken upwards. Now it is the most powerful psychological support for most of the traders. ❗️ There is another advantage of horizontal levels — the longer the level holds the price, after breaking it, it will work in the opposite direction either as support or resistance. 👉HLs are important psychological markers to which price is returning to for testing. While reaching the level, the price movement may slow down, as many traders are fixing their positions close to it. 👉In general, there are a few HL trading strategies. You should always remember that a strong tool such as TA is just a guideline. You have to see the correct price reaction, and simply buying or selling depending on the level without any confirmations — is just a lottery. 📌By saying the correct reaction, we mean that there is a trade above or below the level, as well as strong candlestick patterns. By the way, a combination of HL and trend. Lines can form patterns, like triangles...
COINBASE:BTCUSDEducation
by I.T.Analytics
5
Pulse of an asset ala Fibonacci: BTC Golden Fib and some signsThis Chart is a an example of a "Golden" Fib series. This Concept is from "Chapter 5" of my going "book". This Religion about the universality of the "Golden Ratio". Marked on chart are "Pings", ricochets that one can almost HEAR. "Not all Pings start a reversal, but Most reversals start with a Ping." Top had a "Loud" ping, with possible bottom of several loud pings. Every Ping is like a bug hitting a spider's Web. The vibration alerts and emboldens other strands. Thus we observe the behavior at each strand for clues. . My "Book" detailing my Methodology with Numerous Examples: Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only .
COINBASE:BTCUSDEducation
by EuroMotif
1