In previous Analysis I was explaining a lot about our accumulation Zone and all the details that it required to be explained. Thus, I think I made a mistake on timing the market, and since I always update my analysis, when I checked my Chart I realize one thing, THE VOLUME, I know I have been talking about volume a lot, but I wasn't seeing correctly the volume in ...
The massive bull run of 2017 gives some context for the slow bleed of BTCUSD in 2018.
While the failure of the parabolic advance in '13-'14 retraced more than 80%, the 2018 bear market has only retraced 61.8%, providing an argument for BTCUSD sinking further to $4000 as the bears continue to show dominance.
I am not an expert, and this is not investment advice.
Now that ADA has had a break to the downside of support and corrective structure at (3), it is starting to look like we are in a large trading range (1). The box at (2) is a false break of that level but may also be the bottom end of the range--it is a little unclear where buyers will come in. The trend isn't super consistent across time frames so I plan on being ...
On Friday's Options Action, the crew analyzed the performance of Tesla (TSLA) stock. Tesla has traded within a range for over 3 years before breaking higher towards its $375 highs. Recently, TSLA has started to trade back into the range after a heavy selloff a few weeks ago. Coupled with lower Model 3 delivery numbers and dwindling cash reserves, risks are skewed ...
We're trading inside a range right now. Here's how this trade should be done:
1) ABSOLUTELY NO POSITIONS SHOULD BE TAKEN ON THE GREY MIDDLE AREA. This area is way too far from both stop-losses, causing it to be non-profitable.
2) You should trade based on your "belief"/analysis: "is the market bearish"? If your answer is "yes", only short positions should be taken ...
Range strategies are used when the market lacks direction
Find support and resistance to define your range
With any strategy manage your risk in the event of a breakout
Support @ 1.218
Resistance @ 1.25ish
Howdy Yall!
On this episode of The Trend we take a look at how an asset sets up a foundation for further moves. Its important to understand some of the psychology which applies to both traders and investors when evaluating an asset. Here we look at BTC and its current trading area along with historical trading area's for comparison. Several times throughout ...
Dear Traders,
As we continue to analyze the previous bear run of 2013/2014 on today's market we can only marvel on its beauty and the quantity of similarities that are flourishing.
My Trading Ranges are: Max (11,4-11,9), Min (9,6-10,2).
Due to strong bullish signals from my favorite indicators (specially today's Ichimoku (10,30,60,30) TK_Cross) I'm still ...
Something I spun up last night. Why "Deviatrix"? It sounds sexy and it's based around price trading range deviation. Buy signal is when green is over red. Red is designed to meet green quickly when it senses changes (danger) in the trading range and hopefully get you out of long positions a day before the quick dump offs. It's been tuned to trade bitcoin, and ...
Quantum was trading in a range. It broke out and has a good potential. It is now testing the upper part of the previous trading range. A few scenarios now are moon or dump. If it closes below the yellow line it could go back to the lower end of the previous trading range. If the upper end of the trading range supports it, then quantum could go to the following ...
Great opportunity to go short on USDCAD Daily chart.
USDCAD is moving in a trading range, let's try to earn from this situation!
Nice risk reward ratio
USDJPY has broken out from trading range of last 7 Days.
One can initiate long position around 111.85 with Stop Loss of 111.50 for Target of 112.35-112.50.
Bough the possibly* weekly false brake(*will see at weekly close) on the support of the trading range.
Very similar to my previous MOS trade, will link to it for reference.
Hoping for a push higher and if closing above 80 area, a possible upgtrend follow-through, surpassing MOS trade results.
From the Price Action, it is quite obvious that the
selling pressure is greater than buying pressure now.
Overall, we are bearish on USD/CNH
Here are 2 trading plans for you:
1. Wait for bearish signal to short
2. If price pull back higher to Resistance Zone,
wait for bearish signal to short :)
I looked closely at the zone at the bottom of the trading range, but felt it had traded at that price point for too long and ultimately dismissed it. I'm estimating that the Daily Demand will eventually be broken...
two buy set ups are shown. Trades are in for both.
Remember to manage your position, take your profit and add when its right.
if all goes well, enjoy the ride, highly likely we will need to fasten our seat belt with this one.
USDCHF continues to trade sideways for 2016. We've just had the US elections. Will this be a catalyst for a breakout of some quite frankly boring trading? (if you're a trend trader). I still maintain that we should see higher prices to come in the longer term. Whether that will happen now or perhaps the start of 2017 is anyone's guess..
