Bitcoin - Fakeout? MUST WATCH !!A recent surge in the price of BTC is sparking hope for that final impulse wave UP I've been talking about. However, there's a catch - one KEY thing will need to happen in order to convince me this is not just a fakeout, aimed at liquidating shorts.
The previous BTC update was focused on two scenarios, with the GREEN showing a possibility of realizing:
Reclaiming the moving averages in the daily is a good sign - but again, we've been falling under-and-over for the last few weeks, unable to stay above the 200d MA for longer than a few days:
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BINANCE:BTCUSDT
Candlestickanalisys
Quarter Theory: Intraday Trading Mastery - Part 1 IntroGreetings Traders!
In today’s video, we’ll be introducing Quarter Theory Intraday Trading Mastery, a model grounded in the algorithmic nature of price delivery within the markets. We’ll explore candle anatomy and learn how to predict candle behavior on lower timeframes to capitalize on intraday trading opportunities. This model will also help us identify the optimal trading sessions and execute trades with high probability, all while effectively acting on market bias.
This video will focus primarily on the foundational content, with practical examples to follow in the next video. In the meantime, I encourage you to practice these concepts on your own to deepen your understanding.
This video is part of our ongoing High Probability Trading Zones playlist on YouTube. If you haven’t watched the previous videos in the series, I highly recommend checking them out. They provide crucial insights into identifying market bias, which Quarter Theory will help you act on effectively.
I’ll attach the links to those videos in the description below.
Premium Discount Price Delivery in Institutional Trading:
Mastering Institutional Order-Flow Price Delivery:
Quarter Theory Mastering Algorithmic Price Movements:
Mastering High Probability Trading Across All Assets:
Best Regards,
The_Architect
GBPJPY still gives bearish sentiment$$$Took a short yesterday that went according my analysis. After a retracement and doing further analysis my bias is still leaning heavily towards the downside. The monthly nor has the weekly high been breach to make a new higher high. Right now, i'm looking at a rejection on the 4hr and 1hr timeframes that looks to be hitting resistance inside of a fair value gap. My intentions is to dropdown into a lower time frame and look for an entry to short the market.
The Asian and London highs has been breached absorbing liquidity in the form of buystops. After a low or high is taken price usually runs up about 20-30 pips more before making a correction or trend reversal.
Everyone have a safe and productive trading week!!!
ON Semiconductor lags its leading peer Engulfing Candle LONGON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose abruptly into and
over the trendline and then printed a so called" Big Ass Candle" engulfing about five
hours of price action. This is a strong buy. ON will work to catch up with MU NVDA and the
frontrunners. I will profit while it runs that race.
Apollo Hospitals - An Investment pick for the Mid Term, 50% ROI The stock has broken out decisively in Monthly Jan 2023 after 2 years of good consolidation.
The yearly time frame indicates an inside candle showing the consolidation.
The best entry zones are marked in red. One may enter based on Risk appetite.
For a target of 9653 to 10000.
Bitcoin Runs into Strong Resistance on the Weekly.Recently, INDEX:BTCUSD has been having a bit of a bull run. This is probably because most people were and are still expecting a Spot ETF to be approved. That is, according to mainstream sources.
I'm not sure whether the bull run has finished yet, however, we do have some chart statistics that show Bitcoin will probably have a pullback.
Firstly, the RSI is showing >80 on the Daily at the moment, which is very overbought. In fact, during the bull run, Bitcoin hit an RSI number of 90+ temporarily. To put that into perspective, that is the same RSI number Bitcoin hit when it had its late 2021 bull run.
RSI on the Daily
Secondly, there are two strong trend lines on the weekly chart that Bitcoin has just run into, and its clear they're strong resistance.
Weekly Chart
I have shorted KUCOIN:BTCUSDT at this level, and I'm expecting the price to go down soon. Although, I could be wrong.
Why candle closes are importantThis is an example of why candle closes are important when marking out a BOS which changed direction. Like here the low just got swept and went on to make another higher high. There is no real way to know if it is a BOS or a trap so it's best just wait and see if we get a candle close or in this case break the high. You could get a reaction on the lower timeframe but it could just be a reaction and not lead to anything.
Going To Test Resistance Google is on track to test resistance at 126.00 a share based on candle stick analysis and triple confirm indicator. Triple confirm is not reliable on its own but works great in conjunction with other indicators. MACD is barely just starting to show a slow down in decline and tomorrow could be a start of a reversal.
GBPUSD breaking below support, to head lower towards 1.22000GBPUSD
The price is breaking below the support/resistance structure, If price continue to stay below support/resistance structure I expect the price to move lower..
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSDT above support,to continue growth after retest of supportBTCUSD
The price is currently above support/resistance structure, after a pullback if price holds above the support I expect the price to move higher...
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSDT Correction development scenario of bear market terminusBTC just made a pullback to neckline of the major Head and Shoulders formation on macro. Now, the price action is abandoning the distributive structure with weak volume, due to a micro H&S.
Points of interest
We can see on this chart levels to be watch in a potential swing downward. BTC has been trading in a choppy structure, consolidating within a ending diagonal. The potential drawdown till FEB close tends to be form a monthly bearish Harami candlestick pattern, which is highly reliable on higher timeframes.
This pattern can be consider highly reliable. A Harami bearish just play out on the last weekly close (1W) and tends to be form on 1M, in which is a rare case. In bear markets, this pattern is an important reversal signal after a rally of relief, indicating an intermediary point for an 2nd and final swing leg-down. On this chart, you can see that the potential throw-over of actual consolidation (choppy structure / breakout of Harami) is in confluence w/ a expected final swing leg-down of an expanding ending diagonal.
US30 Initial Weekly Forecast Last week, US30 was technically and fundamentally driven to the downside. What I wanted to discuss here is the simple concept of a trendline. Now a lot of new traders learn to trade the brake and retest a trendline. Depending on whether they know how to trade it and read the price action correctly is the determinant. What can save you from this type of loss is understanding that even though a trendline is broken, it does not necessarily the trend is broken. What is more important than the trend line is the market structure! If price does not break the previous high or low, then is a high chance for a trader's position to be liquidated by the market. This was the exact case for US30 at the end of last week. Currently, we are presented with 2 strong bullish candles with a decent range. The probability for price action to fully retrace last week's move is pretty high. This week I will be analyzing this in addition to the dollar index and the US 10Y, and hopefully, a great setup come out of it. Key level target has also been noted. :-)
Gala usdt idea and candlestick analysisAs you see in the chart, with the increase in the shadows of the candles in the bullish or bearish trend, along with one or two candles in the opposite direction of the movement of the chart,
it's a trend change signal and a good setup to enter in the trading.
P.S. I must say that; in the long-term time frame ( usually more than 1-H ), this method of Candlestick analysis is more effective.
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Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
Spot Crude Analysis 7-14-2022In spite of the majority of the markets getting smashed, Crude seems to be holding up pretty well. Here on the daily time frame we see a descending triangle and price is testing support for the third time. I'll be watching the candle close today to confirm a potential entry long. Potential targets to the upside would be 105, 115 and 120 (which corresponds to triangle resistance).
SugarSugar has been trading within a large rising channel for almost a year. After recently testing and confirming channel support, price has rebounded and we're just about halfway up the channel. A falling window (gap down) served as resistance on the way down to support and has also temporary stalled the current rally.
Now, after a strong daily close above the falling window we are currently testing old resistance as new support. I'm now long and looking to take a small piece out of this market as price moves towards channel resistance.
Pullback Candles (Candlestick Analysis) Guaranteed Winners!!!! Pullback Candle will signal when price is at the end of a pullback and entering a balance phase in the market (works on all markets)
Also we can expect a Pullback Candle during flash crashes as the theory of this script is when there is a turning point in momentum - this candle will appear and we can look long from this signal.
This candle will only work in Swing Low areas and appear when below an moving average which can be changed in the settings.
This candle will work on all timeframes - HTF provided very good rexpectancy whereas the LTF has a slightly less expectancy.
This candle can be alerted to signal the Pullback Candle when the bar is confirmed and not during.
The way i trade this candle is
1) Candle signal must be in probably area to increase efficiency.
2) Enter on the second candle after candle IS CONFIRMED
3) Set stop loss below Pullback Candle or use ATR value
4) Trade with the trend ie only bullish price action
5) This candle can catch falling knifes - we had one on LUNA before the rally to $7.50
6) Trading with a confluence along with the Pullback is better than solely trading this candle
Please leave a comment.
If we get to 100 likes i will publish the script.
Have a good weekend :)
The Bulls are in Control! 😀Hey Traders,
As you can see on the daily candles of Litecoin (LTC). The All Candlestick Pattern has revealed there was a candle with a long longer shadow. This is when the bulls bring the price action to a lower close of the bears sell off indicating control of the bulls. Very good chance to buy in!
Safe Trading,
-Pulkanator