This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:1 risk reward ratio.
This setup is using Bollinger Bands but since they cannot be drawn in the chart this approach is simple, better to see and understand. Stop price is open of previous candle. Entry price is at start of new candle. Limit price is set to be a 1:2 risk reward ratio.
New version! I looked at all the original information from MtGox which is still available on TradingView and noticed that my last chart using Bitstamp prices and pivot dates wasn't aligned perfectly with the real pivot price data from MtGox (which shaped the price from 2010 until the melt down in 2014). BTC has still a high risk too fall even more. The pink Gann...
Technicals: Bullish Signals from: Symmetrical Continuation Triangle Expected Price Target: $6.00+ Timeline: 4wks Bollinger Bands – W Bottoms Last bottom lower than the prior with bonce toward middle. MACD Line cross-over with upward direction. Parabolic SAR Start of uptrend with 1 period. Awaiting more confirmation. Net Volume on rise. Conclusion: Short...
London Session Watch USDCAD There are multiple pin bar candlestick patterns rejecting the mid band of the bollinger band on USD/CAD which could potentially offer buying opportunities in today's London session. The long term trend is still bullish as the short term moving averages (10 and 20 period) are still above the long term moving averages (50,100 and 200...
Why geometry works with numbers ... well, I could show you some of the stuff I have been working on, and numbers... regardless as how random or linear they may seem, have value associated.... sort of like Karma. Guessing when your going to get your Karma, is Forex ... a fickle bitch. The chink in this armor, is pretty straightforward... follow the trend. Guessing...
USO has broken it's uptrend a few weeks back, and since has been heading violently lower with no signs of stopping, at least not yet. Not in my eyes. I had a plethora of converging indications, so I've marked them in the chart A - F, and then explained my trade setup. Good luck. A) RSI has broken above the 35 level, but this is likely because it bounced a bit...
The idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46...
The idea here isn't very difficult to understand. DAL has made a run up from $35.51 on August 8th, where we saw a bounce off the 150EMA, a personal favorite area to get long for me, especially looking at the weekly chart for this. Anyways, from the top down: 1) Bullish RSI Holding 60 Support 2) Established Uptrend - Long Term 3) Bounce off 150 EMA 4) Long $4.46...
BestBuy has been consolidating since the beginning of July. Earnings are due tomorrow before the opening, and our IV% is at 56%, so I am looking for a play here to collect a credit. Historically looking at BBY we can see usually see a slightly bullish move after earnings (EPS, which is usually beating estimates). Because of this, and being at the top of this...
This is a simple chart looking at volatility over the history of bitcoin. The first thing to notice is that we are nearing the all time low for volatility according to the bollinger bands. This suggests that we are on the brink of a large move, but does not suggest what direction. Also interesting is that in between the last two bubbles volatility has peaked 3...
Idea is based on a combination of Elliot Wave theory, median line analysis and the use of Bollinger Bands. In addition Identification of support/resistance on the 7 close RSI has been carried out. The rationale behind this technical analysis is shown on the chart along with a specific target and stop loss. A close below this S/L will invalidate this idea. Please...
Idea is based on median line analysis, Bollingerbands are used to identify reversal signals and breakouts/breakdowns. The rationale behind this technical analysis is shown on the chart along with concrete targets and stop loss (a close above it invalidates the idea. Good luck guys. Appologies for the font size somehow it is way bigger than was shown on my screen!!!
Price is testing last weeks minimum, it seems to be a good point to open short-term long position, to catch the moment the price bounces back with a stop @1.352 and take around 1.363, although trailing might be better option for this time.
It seems the Head & Shoulders reversal has failed and we've just gone sideways instead. This is much more attractive on 1d candles, and looks like we're setting up for a breakout at some point here. News will need to force us through resistance on high volume and we will need to close above the trendline. StochRSI is bottoming out here as well which is perfect...
Close to bollinger bands after strong expansion up and a 1.7 point cycle(+-) has been developing for a year, which all put together points to a possible top soon. The target is in the 19.9-20 area.
Bollinger band sell signal / lack of band expansion / lack of volume confirmation of new all time highs is troubling. If this sell pans out, expect at least a test of midpoint (20 sma) fairly soon.