BAND update- Following the channel
- Highs are retested every time with one high inbetween (red and green arrows)
- Bullish divergence on the RSI
- Volume looking good
If we see a continuation of this channel, our target should easily be reached.
Bands
BANDUSDT Update ‼️✅✅‼️Just to update our Swing analysis for BAND Protocols so far 100% in profit
As expected we stuck in consolidation area between resistance area of 11USD and support of 6.5USD,
We expect higher volume to get in soon, to price take off. just to break our resistance then directly for our final take profit guys
As you see we have nice bullish pressure with ascending channel, first we need to break this channel then wait for resistance to be broken
Wait for more analysis
Any question just comment bellow
GOOD-LUCK Everyone
@FxShzd
Trading Idea - #SP500 #BoumidiBandsHello everybody,
since I pay a lot of attention to statistical values in trading, I took a closer look at the #BoumidiBands (BB_SPX).
The BBs are derived from the implied volatility of the futures markets. The upper and lower bands of the indicator give us the range with the highest probability in which the market can move.
If the market breaks out of the BBs, it is expected to return into the bands. At least that is my interpretation.
I applied the BBs to the SP500 index and took a closer look on Tradingview. I looked at the data from February 2021 to today.
My backtesting criteria: on a breakout above the upper band I would open a SHORT trade and on a slide below the lower band, I would open a LONG trade.
The result is fantastic, without defining SL and TP here. In total, my backtesting resulted in 19 winning trades against 7 losing trades.
Check out my chart where I marked the market entries.
green thumbs up = winning trade
red thumb down = losing trade
Have fun with it.
I would be happy if you leave me some feedback.
Regards
Traderherz
Bitcoin headed to a $307,000 target or higherUsing Beam bands and Fractal we can see there is a good possibility that the mother of all coins could reach a potential and mesmerizing $307k by the peak for its run in 2021. If the metrics used by Trading Genius are correct then we could see BTC peak out at either $307k or higher depending how high we breach the beam bands. This Fractal should help with what it could look like path wise.
BANDUSDT LONG 📈📈ovely order on BANDUSDT R:R 1:10
@FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward
‼️Attention‼️ As soon as we get 50%✅ in profit, SL❌ to entry point
Clear setup
Lets make trading simple W/ @FxShzd
👇👇👇 Any question comment bellow 👇👇👇
Bitcoin 2021 bullrun using Beam Bands and Gann FanI decided to use the Gann Fan fib along with the Beam bands to illustrate the possible trend we are seeing with Bitcoin currently. We may have seen the bottom with Bitcoin at the low of $29k level. There has been much fud and talk of the bull run has come to an end but I am of the opposite thinking and believe we are in the middle of this bull trend. I am still, like many in the Bitcoin community, seeing a possible $300k plus target for Bitcoin but years end. We will see.
NZDCHF - IN TREND ENGULFING LONG SETUP (D)Confluences:
Bullish engulfing
Lower bollinger band outbreak
Rejected strong support/demand zone
Long term uptrend
Close above 20 EMA
TP set at the candle body high of the previous highs.
SL set below engulfing candle low (safe) or below 4H engulfing candle low (riskier).
A close above the resistance trend line will confirm further increase in price.
Will be looking to re-enter this setup if price pulls back strongly then forms a strong bullish engulfing on the 15m, 30m or 1H time frames.
DAX Update: We broke Bouhmidi-Bands #DAX - Update: $DAX has broken the lower #Bouhmidi-Band. It still more than a hour to go in #Frankfurt. We might have seen the bottom for to day and could revert as usually back in to the bandwidth.
Bitcoin 2021 double peak scenario updatedI am merely updating this scenario for this Bull run in 2021 for Bitcoin. Bitcoin breakt the top of this Beam bands and retraces down about 48% to 50% to get down to a $66k price and hit the bottom of this channel and then we go for the second peak end of year.
Butterfly pattern, Divergance, brake of RSI BBOn this chart which is a bit of a mess i identified a butterfly pattern and with then Fib levels that are circled, there was support at this level on the red support box that goes backwards to sit in additional price that has respected this level there is also bullish divergence on the RSI indicator signaling that this market is about the reverse to the upside, and also them circles on the RSI where the indicator has broke outside of the Bollenger bands also is a good indicator to use to upside reversal price has clearly reacted this area and i expect a short up side movement, the 4h chart does state this market is in a downtrend and to this would be a counter trend trade, there are some traders that profit this way on counter trend movements. we will see if this plays out to the upside short term
State of Bitcoin in early March, 2021Hi there, fellow traders.
As we begin a new month, here is an overview of both high, mid and low time frames (from monthly to 15 mins), according to fib casts, Price Finder and OBV.
Hope this helps!
Cheers!
PHInkTrade
NPXS above channel and respecting the Beam bands 02/23/21I am very impressed in how PundiX is respecting the top of this channel break out. We are still within the top Beam bands and also made contact with the top of the channel. If we stay above this channel and just below the top of the Beam bands we could follow this channel trajectory and possibly see $0.01 by May 1st, 2021 as the Beam Bands come in contact with the top of this channel. We will see.
Using the Gaussian Channel IndicatorWithin the green circles touches on the Gaussian channel can be seen, well, clearly on the first one, the second one is a bit above.
This is a great bounce area for price as price is in a full bull trend, as shown by the Gaussian indicator.
This is the chart for BANDUSDT, and if this second circle acts as a touch on the Gaussian indicator a strong bounce upward could occur.
And if history holds any merit, a 4000% move up could be in play.
Above is a chart that has a link to this indicator in the comments.
It is very helpful.
BAND waiting for trendline breakout BAND / USDT
Just wait for trendline breakout before buy
1daily candel close above can add more confirmations
Good luck
HOW-TO: Getting started with Price Finder IndicatorHello there, fellow trader!
If you are starting to use Price Finder indicator, or is just interested on knowing some of the basics, here is a brief video you may find useful.
In it I cover the overall meanings of indicator's components , how they relate and work with each other , and how to set it up to see and work with multiple time frames (multiple structures) in a single chart . This is one of the most useful and innovative features. So, make sure you check it out, and get to know it.
If you have any doubts, please let me know.
Thank you for you attention!
Best of success,
PHInkTrade
A stretch of the imagination breakout for BTC 1st quarter 2021I know this is a stretch of the imagination here but could we be setting up for a similar pattern out of the beam bands as in 2013. You can see this in the link provided how Bitcoin broke through the Beam bands twice. The first break out was 156% above the Beam bands with a total 1800% bull run from the bottom of 2013. We then established a low down to between $50-$65 which was about an 80% drop. After this massive correction, BTC went on to break all-time highs above $1100 and also breaking above the Beam Bands as well. I am wondering if this could happen again this Bull cycle. I really thought we were going to see a correction after we hit above $40k and drawback down to a healthy $22k level but as we all can see Bitcoin still is showing some kind of momentum here and if it proves as strong as it looks we may be in for a surprise. If this plays out we could see a $155k BTC price with a correction back down to around $38k as seen on this updated channel. After this massive correction of about 75% we then set up for a second Beam bands break out and into the second all-time high for 2021-2022.
Please understand that this information is not meant for trading it is just my opinion and all trades should be done with extreme caution as all monies can be lost as nothing is guaranteed in any market. I am just trying to analyze this as a possible rhyme in the BTC chart pattern of 2013.
Ocean, accumulation and sell levelstrade this how you want with your risk management strategies,
I'll be DCA accumulating in green zones for fib targets of 1.618 (1.09) and 2.618 (2.623)
DAX failed intraday at upper Bouhmidi-Band (68%)$DAX - Opps they did it again... No chance to break the #Bouhmidi bandwidth. Again a wonderful reversal into the bandwidth. The area around the upper Band is still strong and valid even US opening could not help to push above.
