It's decision time for AUDUSD. Notice the dpo price action chart showing a big head and shoulders pattern setting up. But it also shows a mini inverse H&S pattern appearing. THe inverse can cause break out Use trend line alerts to determine good entry, stop loss, and take profit
See chart for analysis. Target 2200 pips Bulls painted new higher high. Time to correct. Wait from trend line crossunder to enter. Be vigilant of fake out at very beginning of crossunder
BTC is in a bull pennant. Use support trend lines to make stop loss
Here is a simple macd indicator showing the next support and resistance triangulation setup. Support is showing solid bullish divergence (green line) against a normal looking resistance trend line (red line) I'm bullish on bitcoin simply because of the mining halving. Doesn't mean the bulls will win here. But what it does mean is that you can set yourself up for...
The detrended price oscillator is excellent and removing "noise" from the price action chart. And is showing a possible inverse H & S pattern forming. Entry at 7100 Set stop loss under support line. Watch for when New York volume wakes up!!
The Bulls failed to punch through R1. And now the Detrended PRice Oscillator is showing a healthy possible H&S pattern forming. I created fractal support level which is currently being tested at the moment. Simply set stop loss if DPO crosses under trend line alert. If the fractal support fails wait for regroup at S2, if you are bullish. The volume Oscillator is...
The Momentum Osc is showing a solid S/R apex approaching. "Possible" major volume move within the next 5 days. Macd indicator is confirming Momentum. The Detrended Price Oscillator (DPO) is showing more time available but is sill showing potential But that is why I use at least 3 indicators to track S/R triangulation zones. 2/3 in unison with the 3rd not to...
The bulls and bears have plenty of crossroads ahead. Possible H&S forming on the MACD Set alerts Use faster and slower charts to confirm good entry points. Divergence on the 15M chart might not show on a 4H chart. Use 8H chart to review more conservative approach. To keep chart for yourself for reference, click on the Share button and "Make It Mine"
$BTC.X Here we have the 8H chart showing where the bulls will regroup in last defence! Set alerts on trend lines and go enjoy life.
$BTC.X S/R zones based on slow MACD filter. I'm post this update to allow you to compare with my recent more conservative 8H MACD analysis. Buy Zones are just above support trend lines. Stop loss zones are just under support trend lines.
The CMF Oscillator on the 4 Hour chart (in 144 fib ma lookback period format) is showing the bulls are still alive! The indicator (Fast) is showing hidden support continue to make higher lows. However, the indicator in RMA format is showing a lower low forming = Divergence! But who will win Over next 2 to 4 days we should see the bulls run out of 'real...
30M and 45M support failed on majority of indicators. ttps://www.tradingview.com/chart/BTCUSD/4qnvWBBn-BTCUSD-45M-DPO-MOM-MACD-MULTISTOCH-ANALYSIS/ But here we are on the 1H chart and support is still holding strong. Either way, we are close to another potential hidden breakout or breakdown that you can't find by simply analyzing the price action chart. Set...
Crossroads again here. If resistance wins bulls will have to retreat to the 2-4 hour chart support zones. If you are bullish this is an excellent buy zone. Because you can place tight stop loss below support lines shown on indicators. I've set alerts on every indicator trend line. If one fires off I can act, or I can wait for 2 to confirm, or 3! Depends on how...
Just because the 20M chart support was broken doesn't mean the bulls give up. Simply use bigger time frames and create same S&R triangulation patterns to find new entry points. Set alerts on trend lines and let tradingview work for you.
BTC IS NEARING YET ANOTHER APEX BETWEEN SUPPORT AND RESISTANCE TREND LINE TRIANGULATION SET ALERTS ON CROSSOVERS AND CROSSUNDER & LET TRADINGVIEW WORK FOR YOU
Publishing indicators can make for charts to look sloppy. The best way to view this is to click on share button and "make it mine" In this 15M Chart I've set up Fib retracements on both the DPO (detrended price oscillator) and the Momentum Oscillator I've also set up mini resistance trend lines. If you apply alerts to these trend lines you can rest easy...
Resistance is finally broken!!! Bulls win!!
I entered long this morning at 8240$ The resistance trend line has finally been breached on the "detrended price oscillator" (DPO)on the 8H chart. I've also included a slow setting MACD indicator to show how it is confirming what the DPO is 'indicating' For ultra conservative entry wait for the MACD to breakout of resistance line (red) Use tradingview alerts.