As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a...
HAS gapped up on strong earnings news. The gap is a breakaway and is now in a compression mode. Balance of Power shows some pro trader activity in the stock at this time. The next resistance level is the highs of September. This is a swing or day trading setup.
Verisign Inc. had a typical compression pattern and then gapped on good news. The gap is a breakaway due to the pattern of the consolidation.
Celgene Corp has had 3 HFT gaps this year. The first was gigantic. Then HFTs made a mistake and gapped the stock down. This resulted in Pro Trader buying at that lower level. Recently it gapped up and is in a compression mode.
TWTR gapped beyond the trading range highs after a strong earnings report. If TWTR can hold above the prior trading range highs, this will be a completion pattern. Note the compression of price near the highs of the trading range prior to this big gap.
Crude Oil Short After seeing the first drop at 60.25, oil has been declining ever since. And a bearish flag pattern is seen on the 1 hour. I see this as a CP (Continuation Pattern) To tie in this thought, I also see compression into demand where buyers keep buying until it reaches an area where supply exceeds demand and it quickly falls, Within that blue...
Last week saw a decline in USDJPY. After seeing this decline, i expect price to rally for the short term which would give sellers ample time to get in the market to continue the decline. You will now see compression into demand where demand zones will keep on creating until price meets a strong supply zone up top. That's where our TP will be, because near that...
Classic Sell for Gold Now what we see here is COMPRESSION INTO DEMAND. So we see buyers keep buying until price reaches too high for buyers to buy and sellers come into the market. On the 28th of Feb, we saw Gold begin its decline and that is where price is heading to now before it meets its demise and fall once again. Risk to Reward ~6 In my humble opinion,...
NOTE: If set up fails do not hold. There's a CP Zone above my pref entry that can be cleared and there's a CP Zone below my entry that I want it to be cleared and is more in confluence with market structure. I will update entry if needs be....Thank You.
On the 4h chart, we have become approximately rangebound by overhead compressing periods between the W 200 SMA - which is where we bounced this past December and was the main support we adhered to and retested repeatedly while forming the bottom in 2015, and the implied pivot for mean reversion on the longest overexpanded period created by the November drop. This...
I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when the price goes against Compression it usually safer, above Us, there is...
We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.
Hello Everyone! I've also been doing analysis on the COINBASE:LTCBTC however, most of us are trying to grow the amount of $BTC we own. Here is a quick analysis of the COINBASE:LTCBTC pairing: Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on $BTC (myself...
use trail stop to get maximum profit keep an eye on the limited upside
BTC went sideways as predicted under the conditions met. On the short time frames of 15 minuets we see some potential indicators at point A that sign a bullish sentiment emerging in BTC. If a market make comes now they will be in sync with the sentiment periods indicated by the timing cycle lines. From longer range we see clear compression on the 1 hour: ...
BTCUSD has following lower channel.. lots of compression forming here.. there is one hell of a fight to keep BTC above the sideways resistance which it broke a couple of days ago.. i guess one has to sit and wait while the BEARS and BULLS fight it out Rocky style.. www.youtube.com
will btc break resistance? and continue upwards within channel? only a few days away from the main resistance line if btc can maintain this price and pass sideways through its upper resistance surely an upward movement will follow.