// Tom Demark (T.D) Indicator Tutorial//
Based on the rules here and here .
Counts continue as per Tone Vays version.
I would recommend following him if you like this indicator.
@ToneVays on Twitter and his website .
You can also buy his version of the indicator (random...
$ES closing at (not above) its daily TD Resistance Line, which is in line with the volume PoC of the drawdown from peak to trough of the selloff.
A higher high on the 8 or 9 daily would give a Perfected TD9 sell signal.
Descending wedge on the day charts forming nicely. On a 4 of 9 in the sell setup. Looking to take some profits at 193sats and 200sats depending if we get a 9 or not. Will have to see how market plays out as the situation in the world is very unpredictable at the moment.
Weekly TD count showing us that ltc wants to test 137.
Bitcoin is showing the same.
Time for crypto to resume major uptrend?
I am not a financial adviser. This chart is just for fun. Trading/investing in crypto is very risky. Do so at your own risk.
You need to focus on market sentiment. When price and market sentiment move together, you have a higher probability for a successful trade.
There is one particular indicator that can pull and consolidate the market sentiment for you. It is called the TDI indicator.
The price is overbought for Bitcoin as the TDI indicator is showing signs of it. Therefore, it is possible to see Bitcoin selling soon. The red signal line on the TDI indicator is getting close to the green price line. Be on the lookout for a sell soon for Bitcoin soon.
By the looks of the support being created, it looks like NZDUSD will be a buy coming towards to week. This is a cause of NFP's news from last Friday as it began to short. Therefore, we could expect a buy this week for NZDUSD.
I've been watching $TEVA for awhile now and finally it is hitting my first buy target.
Both the Daily and Weekly are showing a TD 9, however the daily did break the TD resistance line.
Furthermore, the RSI, CMF, moving averages, stoch, and current bearish candle all point to $TEVA moving lower.
I'm going to enter half of my position size in now and wait for a...
Possible short. TDI is very overbought. Looks like pattern may be trying to form a double top at completion. Tred carefully. This is only one of the possible patterns for the pair at the moment. Use proper money management. Let's see what happens.
TP's would be at the .382 and .618 FIB retracement.
Look at the sell warnings (red highlighted green candles) and the buy warnings (yellow highlighted red candles) on this weekly chart. When you see these warnings, it is usually safe to buy or sell on the breakdown of the candle body. The best entry is to wait for price to eclipse the wick of the candle with the signal on the successive candle. On higher...
NYSE:CSL came across our 9 in 9 scanners past 2 days (Daily 9 inside Weekly 9) and seems like interesting short opportunity.
Spitballing here...but for advanced TDreasons that I don't wish to dig into here price should target the pink line on the weekly chart shown (low of candle 6 aka Swing Low). Priced bounced from there directly into a perfected Sell Setup 9...
NASDAQ:ENPH forming pretty big H&S here.
What to look for the short:
a Daily 8 / 9 TDsell SetUp not much higher than left shoulder
a bearish color flip on the daily candles without breaching daily swing high.
Will Update if short taken.
Identify a count of your choosing across 10 symbols
-Can input your own symbols or use top 10 bitfinex or forex pairs
-Use current timeframe or custom input
-Set count to detect and calculation of count
Accessory script for TDI sequential
TDI sequential beta
Looking at the rsi in an oversold territory. The last bitmex maitnence pump reached around these levels. Alts have pumped quite a bit in the past days. My target is 6700.
I like the overall odds so I'll hedge with spot.
I'm looking to dip above 7215.
BITTREX:DASHBTC testing a critical level on the weekly chart this week.
As you can see from the arrows, this level (black line) was tested multiple times before DASH had its massive breakout in 2017.
Zooming in on the 12H time frame below...you can see how the 12H came down to this line on a Perfected Buy Set Up and then flipped before completing the Set Up...