What is the RSI Color Extremes Script?
The RSI Color Extremes Script is a different take on the traditional RSI. With a shorter period setting, short-term trends and extremes can be detected.
How is RSI Color Extremes different from the traditional RSI and Connors RSI (CRSI)?
While the traditional RSI is 14 periods, the default setting for this script...
The VIX broke out of that major downtrend structure on a daily basis today for the first time in this whole correction. This is a pretty sign for now, Volatility could rallye exremely hard from here... Watch out, things could get somewhat bumpy from here on..
Back to the basics & a reminder that I am a swing trader and I have bought my puts for this dip
Trend Analysis:
Candlestick analysis shows a sideways trend.
Will the impulsive high continue or will we see a decline to a higher low?
I free handed some trend lines and as you can see, X^2's high gave me X^1's level of support which is shockingly the level of...
Some mid term scenario's: from extreme bullish to finding the last bottom:
Small triggers can be enough to create a fast break out, followed by an early FOMO reaction. We are really close. The other extremely scenario is a pull back to the down trend again. Not a very likely, but there is even a small change we need to finish the Eliot wave and find the very last...
The ultimate FOMO inducing HL is forming.
Eventually it will lead the way out of disgustingly oversold 3k pricing and back to the just levels of 6k. where we will spend rest of the Q2.
Bears will cry the tears of thousand soys and their girlfriends will leave them for the chad bulls in new miatas - that'sa fact!
Bottom shorters won't be able to afford rope and...
This is a small experiment trade where I isolated the Retail Positioning factor:
Retail is extremely net Long AUDNZD and today is a non-event day for this pair so I'd like to bet against this.
This is an experiment trade that I put on with 1/5 the usual risk.
Hello traders,
Today we want to share with you our TVC:SPX perspective as it starts to flirt with a very decisive zone at around 2400-2450.
Currently market seems to be a very decisive level for the market weather bearish sentiment will kick in soon or not.
Current fundamental important facts to consider:
FED rate hike (rate odds jumped in previous days...
It's a tiny little bit nerve wrecking with the RUT and others too.
So far nothing to do, just observing.
I wait for a potential break of the small trendline, then observe further, waiting for a potential pullback.
standby...
So here we are at the lower ML-H.
Tis is the extreme according to the movement of this product.
I highly expect a potential slingshot up to the Centerline.
Happy Christmas & Peace!
Not too much to say. Advanced Gartley Formation on 4h chart. Looking for 38,2% and 61,8% retracements as potential targets. Stops have to go below X.
Good trading
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These work better than the standard Bollinger Bands for setting extreme ranges.
What I use these for is to use an oscillator to find an buy / sell signal then take that to the H L Bollinger bands and mark the spot. Most of the time, you will find that the price does not exceed this spot for the duration (length) of the H L Bollinger bands.
This makes them...
Fibonacci levels can become powerful ways to find almost EXACT support and resistance levels and also time your trades. I have used them to predict turning points in markets on short time periods but they also are predictive in larger time frames.
How to Align Fibonacci Levels:
A very good and objective way to draw your Fibonacci levels is to use Gann...
![XBTUSD.P: Ultimate Chad style 60R scalp on btc [Gone Sexual]](https://s3.tradingview.com/l/lohwJnXD_mid.png "Ultimate Chad style 60R scalp on btc [Gone Sexual]")
