S&P500 above upper Bollinger bandThe S&P500 has recently burst through the upper Bollinger Band but looking over the past 20+ years, it has never stayed above it for long.
Yes, it has risen along with the BB and even pushed through strongly at times, but never for very long.
Is it possible that we see a high-level consolidation over the next few years that keep equities relatively high?
Unfortunately, anything is possible in this off-kilter world, as long as the powers-that-be can maintain their ability to influence/manipulate/distort market pricing mechanisms. If the philosophical foundations of our society are off-kilter/unbalanced and the ideas & values we collectively hold... if those ideas and values degenerate and make us increasingly selfish and detached from from others, then collectively we become a splintering society and that is what we have today. It is one thing to believe one is right and to advocate for your ideas & values. But to seek a "better, more just world" while at the same time denigrating and bullying and attempting to silence those who disagree - that is the way to civil war. Some people advocate for that route.
But so long as people advocate that people who think/believe differently from you are enemies and need to be destroyed, there will never be a chance for the UNITY they aspire to. You can't have unity by subjugating people who think differently from you. You need to first see them as equals (b/c God resides within them, too) and then convince them of your point of view... respectfully, lovingly, and with tolerance.
My rant is over now. I see significantly more downside than upside in the broad market. And there WILL be turbulence in the coming years. No way to avoid that, considering the unsustainable debt & deficits worldwide. Time will tell.
Bollinger Bands (BB)
ADA - Bollinger Bands SqueezeFor any crypto asset, periods of consolidation are a really good thing as it brings everything into equilibrium to enable a new higher support launchpad to be built to which a new higher price can be reached. You must remember that consolidation is not done at a constant level but within a range. Have a peek at this ADA daily chart, you can clearly see what has happened 3 time before after a period of consolidation in a Bollinger Bands Squeeze and also Sideways Momentum on the RSI! Yes, it does look good & it looks like there will be exciting times ahead, because remember that ADA is still in a longterm uptrend. Periods of consolidation vary in length so only time will tell. Obviously nothing is set in stone so the only question is, do you have the patience to hold & wait for the outcome? If you don't know what consolidation is and if you don't realise that ADA is in a consolidation phase, then you will probably miss the next rocket upwards and end up buying at the top again screaming "shit coin" as ADA enters another period of consolidation. I hope this is helpful. Good Luck 👍🔥🚀🌔
GBPJPY BOLLINGER SQUEEZE BUY!Hey guys quite new to trading, ive had success these weeks following this pattern of resistance and support, and it looks like it is continuing. However i think i can see a potentia outburst from bollinger squeeze, this with the new supports could mean a big jump. Also UK is coming out of lockdown soon too. Everything sounding very bullish might just be my character though, does anyone else agree with this buy?
The Brexit process has posed many unforeseen challenges to the British pound sterling, and enhanced periodic volatilities have been observed surrounding key diplomatic and political events. From the massive losses taken in the hours after the surprise vote for Brexit, to a gradual recovery due to subsiding uncertainty, the GBP has undergone numerous fundamental transformations.
While the ultimate end to the Brexit saga remains to be seen, many currency market participants are promoting an optimistic tone toward the GBP.
Following a strong 2017 where the GBP gained 9.5% against the USD and 4.3% against the euro , investors were reassured of the pound's global standing.
Of course, economic growth in the U.K. and Bank of England (BOE) monetary policy decisions will ultimately determine the GBP's value in a post-Brexit Europe.
refrenced.
EGLDUSDT Volatility Expansion Starts!Hello trader,
EGLD just broke out from its ATH at 30 USDT and rising. I want to test and see the "volatility expansion &price increase" correlation idea on this one.
As you can see I have my bollinger band width indicator and stoch rsi on at the bottom. BBW is currently sitting around 0.41 and previous peak was around 1.28. Volatility has at least 3x room to grow.
On top of that, stoch rsi is at fantastic neutral levels in the daily TF and rising, altough intra-day TF looks a bit overbought, i am not so sure about fixating on those since i am a trend follower. If you are using intraday TF in your trading, consider this overbought situation in your trading setups.
Potential resistance levels wise, i see around 35 USDT level is the first major resistance coming from fib-retracement of 1.618. So keep an eye on that one for some TP targets.
EUR/JPY🇪🇺 🇯🇵 to decline!EUR/JPY🇪🇺 🇯🇵 is pulling back from he Resistance zone. The price is likely to decline further according to the Bollinger Bands and if the 0.90115 lvl is broken the the pair can fall even deeper.
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section
Tezos long trade for small gain of 4% on 3 Days timeframeThe three days time frame is very intuitive to take trades on smaller time frames not waiting for the whole week to pass tezos should make a upside of 4% after it breaches the middle bollinger band with a green closing candle.
Loving tradingview with custom time frames worth every penny mos def
SPX potential double bottomThere is finally some buying volume coming through, but too early to call anything. It is technically a lower high, but reached the wicks of the previous low and rebounded with good volume.
Definitely wait for confirmation before going long because it is also going through a Bollinger Squeeze and has bounced off the MAs.
Btc sitrepBtc has been absorbing sellers each time 10k has been broken and late fomo shorts have been rekt over and over.
Judging from this and how high cap alts have behaved on every bounce, I would say we will see a face ripping short squeeze unless the stock market completely collapses on Tue/Wed.
Crypto is a risk on asset and highly correlated with equities in a crash scenarios (as seen in Mar). Right now people are looking for a stability to buy into crypto again.
Bollinger Bands Bands with Telson T8Indicator idea based on classic Bollinger bands and Telson T8 moving average.
The indicator detects Bollinger bands narrowing which should predict a move to a direction, up or down.
NOTE: You need to define in the indicator settings ("Percent Narrow") the percentage between the upper and lower bands that would be highlighted.
For example: if you set 5%, the indicator will highlight the parts that the upper and lower bands are less than 5% compare the current price (usually close price, but you can define otherwise)
Use the Telson T8 to determinate the trend/direction of the move.
Telson T8 changes based on if close price is above the T8 (green) or close price is below the T8 (red).
Time to Buy or Sell the digital assets?The BTC/USDC pair has been trading in a narrow range located between the levels of 11,800 - 11,900 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines as shown by Bollinger Bands Width (BBW) , which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quoted prices.
This market behavior might indicate a distribution phase close to this year's highs, so it is worth keeping an eye on the level of 11,900. Any violation of this level might lead to a corrective cycle development towards the next technical support seen at the level of 11,600. However, if the bulls will decide to continue buying, the yearly high located at the level of 12,000 is possible to reach very quickly. The next target for bulls is seen at the level of 12,500. The daily time frame chart remains bullish.
The trend on the BTC/USDC pair remains up and there are no signs of a trend reversal, so buy orders are preferred in the mid-term. The next mid-term target for bulls can move above 12,500. The key breakdown of technical support is seen at the level of 11,000.
GOLD is GOING to CRASH to 1.98K, and then skyrocket to 2.05K!!After demonstrating WHO'S the best trader in the universe ... Greetings to the haters who lost their money.
I hope this time, at least sign up with us to learn. So...
This time I wanted to play around with the indicators, adding the 'quantum-golden-numbers' to them.
After entertaining myself with the previous comments, and noticing that they are not so aggressive now, will they be studying? I hope. I remind you that I formulated the strategy and practical applications of Einstein's theories in 30 min, I learned how to use all the TV-tools mentally, and corrected some theories already postponed by Elliot , which serve as clarification. In that same time, of course, after studying more than 10 hours (first month 15-17 hours) a day, in my first 2.5 months of trading, for me? A divine revelation, so, we are going to continue surfing with the market, that this is just beginning, just stay silent and learn, that I am something more serious now, ROFL.
Please do not compare me to anyone, I have no competition, no comparison. When I'm bored I earn 10k pips, and when I'm serious 40k pips daily. Do you want to compare? First, someone take accounts and tell me if there is any trader with such capacity (analyzing in 2 seconds, trading by time, and not by price). This is a video game for me. So do not stress too much, I am the best BY FAR, many thanks to the haters who made me famous indirectly, and to the others, thank you very much for your encouragement.
After making me the big one without need ...
*** If you don't understand this graph, you could take the time to study Elliot's waves (basic of my strategy), sitting in your houses doing nothing ... don't make money, study! You will not get rich by wasting time and playing video-games. #QuantumMentality
PD: In quantum-analysis the future is predictable, start reading about quantum physics, and stop watching Netflix , and you will understand.
** If you are reading this message, and you are a hater, remember that there are many analysis of fairy tales out there that you could be looking at.
I wanted to cycle through XAUUSD with the waves, and this is the result, I am trying to make it easy for you to understand.
Let's GO!
* I don't use SL.
* Use our quantum-risk-management.
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Quantum-Risk-Management:
LOT 0.01 - ALWAYS
Capital | leverage
0-25 1:1
26-250 1:25
251-500 1:50
501-1000 1:100
...
2000 1:200
3000 1:300
4000 1:400
...
10000 1:1000
MORE THAN THIS, YOU CAN CONTACT ME FOR CALCULATING. #SmartRisk by #BloodhoundST
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**** Do not bet, I do not lose entries, many of the analyzes I do are for entertainment. These I am taking a little more seriously. LOL. #QuantumTrading #FirstQuantumTrader
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Special thanks to the teachers who made me see quantum physics, advanced mathematics and fractals like child's play (Universidad Autónoma de Santo Domingo- UASD):
* Edward Veras Diaz
* Elias De Jesus
* Olga Basora
* Fernando Liburd Victor
* Apolinar Quezada Valdez
* José Castillo Rojas
* Jose Soto Trinidad
To those who let me see technical design as a fun game:
* Sonia González Collado
* Sulpicio Medina Peña
To those who gave me a new perspective on investments:
* Wilson Casado Velazquez
* Mirtha Gonzalez Fernandez
* Ricardo Camilo Burroughs
* Enmanuel Pélaez
I was in the classes to learn, some subjects I did not pass, but I knew that what was important was knowledge as my mentor said:
"I failed in some subjects in exam, but my friend passed in all. Now, he is an engineer in Microsoft and I am the Microsoft's owner". —Bill Gates
"If God enlightened me, it was to enlighten others". —JB
#QuantumTrader
Strong Bearish Reversal for GBP/USDGBP/USD possible approaching Strong Bearish Reversal. Bollinger Bands and RSI are indicating a soon-to-be Over Bought Market. GBP/USD is also approaching a very significant Resistance Zone. Be on the lookout for a possible Bearish Reversal!
What's your opinion on GBP/USD? Do you agree or disagree? Let me know in the comments!
Much love,
- ALPHALICIOUS
Disclaimer: This is my personal opinion of the current market. I am not responsible for any trades that you may execute. Please use your own analysis and research before you execute any trades and use proper risk management. Thank you!
Strong Bullish Reversal for USD/CHFHello Traders! USD/CHF could experience a very strong Bullish Reversal. Bollinger Bands and RSI are approaching an Over Sold Market and USD/CHF is approaching an important Resistance Zone. Look out for a strong Bullish Reversal!
Do you agree or disagree? Let me know in the comments!
Much love,
- ALPHALICIOUS
Disclaimer: This is my personal opinion of the current market. I am not responsible for any trades that you execute. Please use your own analysis and research before placing a trade and use proper risk management. Thank you!
Target: Volatility Squeeze and a Golden CrossBig-box retailer Target has been amazingly stable for the last two months. It’s squeezed into a triangle on either side of $120, lurking below its 2019 high of $130.24.
During that time, its 50-day simple moving average (SMA) rose up and above the 200-day SMA. That kind of “Golden Cross” can signal longer-term momentum is turning more bullish.
TGT also has some fundamental reasons to pause. In recent years, CEO Brian Cornell spent heavily on digital transformation. This succeeded in terms of moving shoppers to the Internet and helped boost store traffic. However the last two quarters have seen product mix veer sharply toward lower-margin products (like food over toys, apparel and electronics).
Some of those headwinds could fade now that inventories have been written down and the U.S. economy staggers toward reopening. Now could be the time for margin expansion, as shoppers start perusing aisles again and the years of IT spending pay off.
This creates an interesting risk/reward in TGT. Its tight range creates the potential for gains to accelerate as price action widens and earnings approach on August 19. (Notice extremely tight Bollinger Band Width).
False Breakout, then BIG CrashBy using 50 length weekly bollinger bands, set at Standard Deviation 1, I was able to make a channel that determines whether bitcoin is in an uptrend, downtrend, or neutral. Currently, it looks like bitcoin is still neutral, and with low volume I believe a big move is coming. I am thinking it will probably break out and test $12-14K to trap both bears and bulls before dropping.
I won't be trading this until the price breaks out in either direction, and rallies back to the green trend for confirmation. That's the only way to trade this market.