D1 - Price is below the middle of the bearish channel, we have an important support zone formed by the bottom of the bearish channel and a strong supportive area. Price still has room lower towards this zone. H4 - 20 candles ride in Bollinger Band, bullish divergence. We may now look for possible corrections to happen and then we may look for sell opportunities...
1. The two support levels meet in the same area as a buyers zone 2. Pin bar formed 3. Bollinger band pinned by pin bar on the support 4. Ultra low risk at 60 pips This type of play entails that stops are placed where the trade is deemed invalidated (below the pin bar) and targets should be the next resistance level but at least 2x that of the risk. Don't invest...
1. The two support levels meet in the same area as a buyers zone 2. Pin bar formed 3. Bollinger band pinned by pin bar on the support 4. Ultra low risk at 25 pips This type of play entails that stops are placed where the trade is deemed invalidated (below the pin bar) and targets should be the next resistance level but at least 2x that of the risk. Don't invest...
Do you guys remember that prediction The Magic Poop Guy made back in the first part about this year about Bitcoin Bottoming out at 2k? He might have been right. What you're looking at here is bollinger-bands in multiple time-frames. I set it up originally for 1H so I could gauge 1H,4H,1D,1W all at the same time. Out of curiosity, I put this setup into the 4H...
Over 21 EMA after bouncing of 128DMA. Going for $11k but really need $11.4k followed by a higher high above $12.3 to flip the trend. Notice there's little sell pressure (VPVR) above $12.3k but surely some profit takers will show up in the $12.3k to $12.5k range as many are still trapped in from higher entries.
How do you know if a reversal is likely to take place on support? 1. The bottom bollinger is pinned on a support level 2. Price action buy signal This setup is a bit more complex because of the resistive trend line drawn, once that breaks its adios! Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial...
For the upcoming week (several days), I would say there will be a price increase for BTC/USD symbol, by just looking at: RSI (not in current graph (sorry I don't have a pro account) MACD for sure! See the cross coming up on the 1D chart 4EMA is getting ready as well The price is less volatile and low in the bollinger bands Currently I bought BTCUSD...
Long when price equals the 1W BB(21,close,2)
As we can see here VERY CLEARLY, our price action is at the very end of this descending triangle. Historically, a descending triangle this accurate will result in an upward price movement. Additionally, on the 4h chart we are hitting the bottom of the bollinger band and the price has already bounced off with an ENGULFING GREEN CANDLE. These are three strong signs...
On the four hour chart LTC bounced off FIB LVL/BOLLINGER BAND, after this bounce it created an engulfing bullish candle. Im going to wait to see if price falls back to to the lowest descending wick, if it bounces off the wick im buying, if it moves upwards past 10 EMA im also buying.
Starting with the FED's announcement, USD/TRY started to go up. This means Turkish Market top 100 BIST 100 may start a downtrend. Usually BIST 100 and USD/TRY moves opposite directions. Uptrend of BIST 100 started on May 22nd. When we look at the daily chart price is on support level, RSI is also on support level On 4hours chart; price is on support, RSI...
Now the price is going in a triangle with downtrend. Downtrend started on 20/6 and still working, support line is on 2,23. It has been tested 4-5 times but couldn't break the support. When we look at the indicators; 1- RSI broke the support on 3rd try. It may continue to 30's, 2- Parabolic SAR started to show that price will continue to go down, 3- Moving...
HKEX:811 It broke the parallel channel, and the bollingerbandswidth is expanding, ADX is more than 25 and DI+>DI-, meanwhile MACD occured positive crossover. Cut loss @5.72 Target @6.98 Buy in @6.25
H1 / H4 sell position at price 25680 /25700. Take profit at 25200 / Stop Loss at 25775 Last week was a bad week for the US Dollar. The currency shows weakness after several china-us trade war news, US company loses and US Home Sales below expectations among other bad News Releases. I expect a big downside momentum after taping on the 25700 / 25675 zone...
What does this chart clearly tell you? Broken triangle, rejection from 100 EMA, bearish price action, tight bollinger. I'd go short with stoploss above the purple line. We should bounce from 200 EMA, if we blast trough, then we are going to retest the 4700 and 3500 lvl. Keep it simple. Keep it clear. The spread between Finex and other exchanges is bad sign aswell.
Good morning traders, And welcome to a new week- our recent tradingview charts were unfortunately removed due to us breaking house rules of including our website in the title. So we are reposting this US dollar Japanese Yen setup from Friday which is still live. Friday was an extremely technical day with option expiry's driving Yen pricing into the end of the...
Good morning traders, And welcome to a new week- our recent tradingview charts were unfortunately removed due to us breaking house rules of including our website in the title. So we are reposting this Euro Canadian Dollar setup from Friday which is still live. Looking at short setup on Euro versus Canadian dollar as multiple technical indicators line up to show...
ETHUSD doesn't look nearly as strong as the other names, but I digress and let's see where this plays out. This 15-min Chart is simply elaborating on the current change in direction, highlighted by tagging the outside of the 50 period band @ 3.2 (again, 15-min time frame), and the downward slope of the lower band seems to be supporting this notion as well as some...