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Bullishmarket

📊Market Structure Breakdowns Pt.1Not every pattern or indicator is a confirmation that you should enter a trade. Understanding the market structure is key and in these series we will explain how to read a Bullish and Bearish market structure formation with multiple indicators/strategies and what you should look for before entering a trade. The markets are either trending up or down until they experience a reversal in the opposite direction. Do not fight the trend, trade alongside with it's direction until a confirmation of reversal. It is not about being right, it is about trading on the correct side of the trend. 📈Bullish Market Structure A bullish market structure is characterized by a series of higher highs and higher lows, indicating that buyers are in control and there is a strong demand in the market with a strong upward momentum. Connecting the swing lows and swing highs will be a clear indicator of bulls pushing the price higher on each level and flipping the previous resistance into a support zone. A good way to trade a chart pattern such as a falling wedge, is to wait for the price to reach around the zone of support. That will indicate the end of the pattern and will give the best possible entry. To have confirmation of this, make sure that you are looking at the volume. When the end of the the falling wedge approachses the previous resistance turned-into-support, you should see volume coming inside the market to push the price higher. One key thing you must understand is that when resistance lines are crossed, they become new support and the cycle repeats until the trend break. 📉Bearish Market Structure A bearish market structure in the other hand, has a series of lower higher and lower lows, indicating that the sellers are in control and there is a strong downward momentum in the market. In this case, we will be looking for short opportunities. The same confirmation of a short is the selling pressure that can be characterized by negative delta volume. To confirm a trend line as true, it should have at least 3 touches where the price rejected from back into a support zone. The market structure is not symmetrical, with perfect patterns that completely respect each and every line you draw. Most patterns and indicators look asymmetrical and have a skewness and you should adapt to it. The big players are waiting for you to place your stop loss right above your trend line or pattern then push the price right above it so you close your position and they get their orders filled to push the prices lower. Stop hunting is one of the most important things you need to understand, until the market makes a Higher High of an important level, the market has not changed structure and it's still trending downwards. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
3
Types of Markets in TradingView Land !!!👨‍🏫Hello👋 dear traders. I am Pejman👦, and today I want to explain the types of markets📈 with another story from TradingView🎢. Maybe you love the world of animation👶 like me, and I'm trying to make the trading world as beautiful and colorful as the animation👶 world🌍. So let's dive into another Tradingview🎢 land story. Once upon a time⏳, in Hundred Acre Wood, Christopher Robin decides to go to Stocktopia to live with other traders and try to learn trading skills📉. Since Winnie the Pooh🧸 likes Christopher Robin very much, he and his friends decided to go with him and move to the city🌆 of Stocktopia. They all knew that the path might be long and complicated😢, so they decided to compare different Types of Markets 📈 and talk about markets📈 along the way🛣. Do you know the Wise Owl 🦉? He always has many experiences of everything and explains them loudly. On the other hand, he had a lot of experience in technical analysis and said: When I was a beginner, I was baffled😟 and even lost a lot of money🤑 because I didn't have a good perception of the market📈. When my buy orders were filled, the stock would face a crash💥. And when I was selling, green candles📊 jumped one after the other. Annoying!😡 I only found out why when I went to Stocktopia and realized that the market📈 has its own types. Trends are essential in the market📈, and you need to learn to recognize trends. For training, first, I had to know what technical analysis📊 and its benefits are. There was a moment something caught my eyes👁 when I was surfing🏄‍♂️ on a website called “Tradingview,” and I opened the post to see what technical analysis is.👇 During my trading, I learned three types of markets 📈. Bullish 🟢, Bearish 🔴 & Range market📈. Tiger🐯: Whoo Whoo Whoooooo! I liked the name of the Bullish trend🟢. Can we start from that first? What is a Bullish trend🟢? The Wise Owl🦉 showed Tiger🐯 a chart from the book that was with him and said: Dear Tiger🐯, to find a Bullish🟢 market📈, you must first draw a trendline like a dynamic support trend line. Do you remember dynamic support and resistance lines? If you don't know these lines, it is better to read the story of Princess👸 Snow❄️White Chart and Trader Dwarfs before hearing the story of the market📈 types.👇 By the way, the Bullish🟢 market📈 is very similar to Tiger🐯. In the Bullish 🟢trend, buyers are happy and positive emotions are seen in the market📈 atmosphere. There are more buyers than sellers. That is, buyers hope for the growth of a stock. In the Bullish trend🟢, you must be fast, so that you don’t lose opportunities. As you can see in the chart, the price inflates more like a balloon🎈. It goes Higher High (HH)every time and forms a Higher Low(HL)🗻 than the previous one. But no Bullish trend🟢 is permanent. The market📈 will experience a crash eventually. So you have to be smart because shopping will only sometimes be profitable. You will get bloody candles if you wait to buy them in time. The Wise Owl 🦉 continued: The Bullish market📈 has conditions that I will explain based on my experience: Each Low should be at least one step higher than the previous one and make a Higher Low(HL) like the Tiger🐯. Usually, each High🗻 is formed one step Higher High(HH) than the previous one. Preferably, when the price rises above a High🗻, it is better not to return below it. This type of trend is called a Bullish market 📈 because when the bulls🟢 want to attack, they raise their horns from the bottom to the top. And the buyers increase the stock higher and higher by buying. Christopher Robin asked: What if Higher High(HH) doesn’t touch the previous High🗻? The Wise Owl🦉 said: This is a sign of a strong Bullish trend🟢. If you see such an event, prepare your dollars for shopping. Does anyone have any other questions? Eeyore said: What is the trend of Bearish🔴? Why is it named like this? Wise Owl🦉: How interesting that Eeyore himself asked this question because the Bearish trend🔴 is exactly like Eeyore. Ivor John has some negative feelings about him. Shareholders also feel disappointment😩 and fear😱 in the trend. Because of this, the number of buyers decreases, and the number of sellers increases. Candles turn red like roses🌹; the more sellers there are, the bigger this red flower garden🏡 will be. Highs and Lows🗻 form one after the other lower⬇️ and lower⬇️. In a downward trend🔻, if you are in a one-sided market📈, you should sell your shares, but if the market📈 is two-sided, you can present yourself for a sell/short position. In this trend, negative emotions may dominate the market📈, but sellers will be happy. Like the upward trend, the downward trend also has its conditions. Can you guess them before I say them? Po said: Ah, in the growth trend, each High🗻 should be formed lower⬇️ than the previous High(LH)🗻, and each Low should be formed below the previous one(LL). On the other hand, if the price falls below a Low in the downward trend, it is better not to return above that Low. The Wise Owl🦉: It was great, Pooh🧸. Now let's take a look at this Bearish trend🔴 chart. As you can see, there is no news of going up(HH)🔺 in downward trends🔻. Instead, we see Lower Lows(LL) and Lower Highs(LH). But the market📈 is only sometimes bullish🟢 or consistently bearish🔴. Does anyone remember the name of the third type of market📈 that I mentioned? Piglet answered with a bit of stress: Ummm, I think it was Range Market 📈. Wise Owl🦉: Hohohoho, you are right, Piglet. But don't be afraid and don't stress because this market📈 has no particular trend. If you looked at the chart and could not find an upward🔺 or downward trend🔻, the sea market📈 is tame, and no waves move the candles up🔺 or down🔻. The number of buyers and sellers in the Range market📈 is almost equal. In the market📈, Range traders are like piglets. A group of them have hope for stocks and buy with confidence, and another group is still afraid, like piglets, and thinks that the value of their shares may decrease. So they sell it. Neither bears🔴 or bulls🟢 win in the Range market📈 because they need more trading volume to pull the market📈 in the same direction and form a strong up🔺 or down🔻 movement. In the market📈, the price range is involved in two Ranges: buy or demand Range and sell or supply Range. The support zone pushes the price upwards🔺 in the buying Range, but the resistance one does not allow the price to advance. Therefore, the price is passed between these Ranges like a yo-yo until one of the parties enters more volume and breaks this price compression. The head will run away from one side when the price is done. As you can see in the picture, finally, the sellers ran away from the price :) And the bears🔴 won over the bulls🟢. Rabbit: I have heard that most financial markets are Range, and it’s more difficult to trade in this type of market. By the way, I don't want to rush, but I guess it's time to tell us the use of all this information. The Wise Owl🦉 laughed and replied: "Hey, you didn't rush. Now that you are familiar with different types of markets📈, it is time to learn how to trade in these markets📈." You must first draw trendlines in trending markets📈 to get a general view of the chosen stock📈. Then you can take a position in the direction of the trend. Be sure to remember that you’re entering at the right points. Take your time, because waiting is a flower that doesn’t grow in everyone's garden. The owl🦉 opened a new page and showed a downward trend🔻, which later turned into an upward trend🔺. Owl🦉 continued: As you can see from the chart below, the price is caught under the bears' claws, and the market📈 is bearish🔴. It has formed Lower Lows(LL) and Lower Highs(LH). But after the Bullish engulfing candlestick pattern, the trend changed and turned into a Bullish🟢 market📈. If you want to learn about candlesticks and how to trade with them, you can go to the following post because I have collected how to trade with all candlestick patterns in this post.👇 As you know, the more the price collides with a trendline📈, the more valid the trendline will be. So these lines📈 will become valuable, like support or resistance lines📉. In this example, we learned how effective candlesticks could be in identifying or finding the end of trends. Now it's the turn of the Range market📈, and it is possible to trade in this market📈 considering the volatility of the trend. In the Range market📈, as I said, the price is like a small fish🐠 stuck in a fast Eeyore. The flow of water💧 and the flow of buyers and sellers move this fish🐠 into the Eeyore bed🛌. As a trader, if you want to catch fish🐠 from this water, you must wait until it approaches one of the Eeyore beds🛌. Up🔺 or down🔻 bed, i.e., support line or resistance line. You can buy when you see the price on the support line, and when you see it on the resistance line, it is time to sell. Rabbit said: Haha. That is very easy. Buy low and sell high. The wise owl laughed😂 and said: You are exactly right. Trading in this market📈 may seem simple, but this fish🐠 can escape anytime. Trading in Range Market📈 is like eating a sandwich🥪. If you press your sandwich🥪 too much, the fillings of the sandwich🥪 maybe spilled out from the top or bottom. Everyone heard the sound of Po's stomach and laughed😂. Po said: We have been walking for a long time, and I also ate my honey🍯 on the way. How much is left? Christopher Robin looked around with his camera📸 and said we're finally there. I can see the lights💡 of Trading Wave🌊 Land🎡. The Wise Owl🦉 continued: Now, knowing the types of markets📈, you can learn more than technical analysis in this land. All of them went to the land of Trading Wave🌊, happy😊 that they got good information along the way🛣 by heaRange about the experiences of the wise owl. If you want to learn how to trade well like the people of this land🎡, practice today's tips and join me every week because I have many stories to tell about this market📈. This land🎡 is full of traders who lost their capital💸 and became disappointed😔 without carefulness and practice. If you don't want to be one of them, remember to manage your capital💸 and training. I hope you are always healthy and prosperous😎.
Education
by pejman_zwin
9
Altcoin #1: GALAI choose this altcoin as my number 1 as first I see that GALA has the most potential in what this kind of project will bring for crypto-enthusiastic, and also I suggest that this will be my #1 altocin that I advice you if you want to make a pump in medium term. I plan to buy much coins of there as this will be a potential to invest in cryptocurrency before than any smart altcoin in our radar, like this. I invite you to invest in GALA with few money as this altcoin only cost $0.05 cents. For example: 1) $500 USD = 10,000 GALA 2) $1,000 USD = 20,000 ADA 3) $1,500 USD = 30,000 ADA And there successively. Only taking hte price real that it's $0.05 cents. I hope that this altcoin support you in your crypto-investment, I suggested to take in note another altcoin like Sandbox as right now I see that this altocin will pump too. Watch your altcoins in radar like GALA, that I recommend a lot. During the next weeks, we hope a movement like this to the another bullish market. And also, if you want to become a crypto-enthusiastic, you will need to change your old altcoin that you invest in the past bull rally during 2020-2021 for new top hot altcoins like Gala, and much more to become a crypto-enthusiastic & proffesional. Good luck You can to buy this altcoin in crypto app if you are new in crypto!!!! I'm so bullish in Gala for now!!!
BINANCE:GALAUSDLong
by harisonhbn9718
4
TSLA Told you about it a month agoHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ On August 3 i posted my analysis on the TSLA stock with 2 different Scenarios and warned about a breakout in the market and today we see that the market moved exactly like we thought it would. Watch how the First Scenario went into action then turns out it was a fake breakout, and then the market moved into the Second Scenario moving to the point like we predicted it to move. Before : After : Now let's talk about the market today. Tesla has been showing great strengths with different technical indicators and moving averages giving us Bullish signs. Both the short-term and long-term trends are positive. This is a very positive sign. TSLA is currently trading in the upper part of its 52-week range. The S&P500 Index however is currently trading near a new high, so TSLA is lagging the market slightly. Tesla's stock increased by more than 2% in pre-market trade on Wednesday. The rise came after the business reported higher vehicle sales in the third quarter's first month. Possible scenarios for the market : Scenario 1 : The market is currently trading near the first resistance line at 762.32, If The Bulls were able to keep control over the market then we will see the price breakout that first resistance and it will push up near the major resistance zone between 771.73 - 783.26 where the Main Battle will take place between the Bulls and the Bears and the outcome will determine the market movement for the next period of time Scenario 2 : The market is currently trading near the first resistance line at 762.32, Bears will try to stop this push and they will gather selling power to drop the price down and when that happens the price will drop and will reach the first support zone at 741.38 where the Bears power will be tested and a fight over control will happen and we will see the Bulls going in to control the market again which would push the market price back up to the 771.73 - 783.26 range Technical indicators show : The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign) The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between the MACD line and the Signal line. The RSI is at 67.20 showing Great strength in the market and almost hitting the overbought zone Support & Resistance points : support Resistance 1) 741.38 1) 762.32 2) 729.85 2) 771.73 3) 720.44 3) 783.26 Fundamental point of view : TSLA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 172.10%, which is quite impressive. And it has a Return On Assets of 3.90%. This is better than the industry average of 1.38%. An Altman-Z score of 16.16 indicates that TSLA is not in any danger for bankruptcy at the moment. Julian Lamy has created a new team in TESLA for Energy Trading and Market Operations. This team will drive the performance of Tesla's global fleet of battery + renewable projects, build expertise in wholesale energy markets, and support the development of Autobidder, Tesla's automated energy trading platform This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:TSLALong
by GabiDahduh
2
CHILIZ or CHZ - LONG VIEWHello there!!👋👋🙋‍♀️🙋‍♂️ I believe we could have seen a double-bottom here, which started at the reversal of an extreme bearish impulse.🐻😨😲 As long the market maintains this bull-run (I will update if we do not,) then I see no issue with CHZ reaching at least our first two bull targets. 1️⃣2️⃣🐮 We see CHZ was in a descending channel for the last week and a half, but has very recently made what looks like another reversal pattern. ↘↗ It would be wise to wait until confirmation to see if we can reach our Green dashed possible buy zone. ↔🟩↗🆗 If we fall down from our small white rectangle here, we may see the red-dashed pathway playout. ↘🟥👍 Let's dive into this short little overview of chiliZ token. 🧀🌶🎉🏉🏈👇🔍: CHZ/chiliZ is a token (cryptocurrency,) native to the Socios.com platform.⏬ Socios app allows for football fans to be closer to the team, by being active in the online community on the app and can even vote on team decisions and have their say in things for the team they love. 💚🚻 CHZ is a pretty new token👶, but it is the cryptocurrency that represents Socios.com👍💫 (the first ever mobile application1️⃣📳 that allows fans to vote and earn rewards.)👏🆗 CHZ has already grown substantially and I don't think the CHZ heads🧀👩‍🦲(sports club fans🏀⚾,) around the world are going to stop here.. this is a pretty big deal for them!!😅✌ Price prediction💲🤔 for CHZ at the end of the year🕘📆 is somewhere around 90 cents, I think it can surpass this.🏁🏁🆙 CHZ is Ethereum based (ETH has been performing great, consider this!) CMC FROM COINMARKETCAP.COM ⏬⏬⏬⏬⏬⏬ ✔Market Cap $2,596,192,270.77 ✔CoinMarketCap ranking is #59, with a live market cap of $2,596,192,271 USD. It has a circulating supply of 5,586,355,378 CHZ coins and a max. supply of 8,888,888,888 CHZ coins. 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much!!! Jazerbay ☯
Long
by jazerbay
29
AUDUSD PRE-MARKET ANALYSISOVERALL TREND- HEALTHY UPTREND ON DAILY, CURRENTLY IN A CORRECTIVE RETRACEMENT ON THE 4H TF, WITH THE POTENTIAL TO BREAK INTO HHs. We see price currently in a ranging channel that's being tested multiple times from an overall bullish move on higher TFs. Currently looking to make Higher highs unless price decides to make lower lows, at which may signify an overall break in trend to the downside. 2 potential long position set-ups this week to follow with the uptrend of the market overall.
Long
by Trader_366_FX