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Centered Oscillators

NVAX - Novavax Biotech Short or not?NVAX as seen on the weekly chart has been in price distress for a long time. It has only one product on the market due to various issues with the FDA process. It has a variety of products in development as linked below. The question is whether it will run out of cash before a sustained revenue stream develops. FDA approvals for the pipeline products could take years ( the days of emergency approvals for COVID and related are over) It would seem that a rich uncle like Moderna ( MRNA) would codcme around with a take-over offer that could send shares into a moonshot to back when NVAX thrived before its 95% price decline in the past two years. This seems to be a great short swing play until more products come to market or a take-over is announced. This is affirmed by the MACD histogram being persistently negative for the long-term.
NASDAQ:NVAXShort
by AwesomeAvani
1
Bitcoin holds breakout and retakes 30KBitcoin is back above 30K in today's session extending yesterday's breakout. Hard to look past Bitcoin today as buyers hit 30K, a price level not seen since June 2022. The move started yesterday as Bitcoin buyers broke above 28,600 resistance, and the move was held at the close, which is a great sign as it's the first set in confirming the move. Today buyers jumped back into gear, breaking yesterday's high and moving back into the 30K Handel. In under two days, just over 7% of value has been added to its price. The breakout looks to have confirmed an ascending triangle pattern, and these are quite common continuation patterns seen in up trends, so it's a good sign to see this as it could suggest that the current uptrend has further to run. If we do see further upside, we will be looking at 31,800 as a possible level of resistance. If we do see a new reaction lower in the short term, we would like to see the breakout point become support which is a sign of buyer strength. US CPI is due tomorrow, if we did see a surprise jump to the upside in US inflation, this could impact Bitcoin on the short term, but we hope that it would only be minor as Bitcoin has been running its own race so far this week ignoring yesterdays rally on the USD. Good trading.
EIGHTCAP:BTCUSDLong
by Eightcap
BTCUSDT Complex C - Multi Wave in an Ending DiagonalBTCUSDT made a beautiful corrective C-multi-wave pattern, which surprise terminus finished with an 5th wave leg-up that surpass the trend-line, after an ABCDE triangle. In the Wyckoff Method narrative we can call it an upthrust movement in phase c of a distribution. About the wave count, the entire triangle is an contracting ending diagonal of a corrective wave C, in which we can see a multiple pattern that confused the prediction. After the "thrust" the price action should return to the break point, characterizing a "false break". It's common in C-legs, when the triangle occurs, that it's exceed the break-point. In this case, price reached the weekly supply, interacting with AVWAP from ATH. Now the bears are slowly take control. I'm expecting 18% drawdown of a downtrend till the wave 3 of a potential impulsive downward.
Short
by firmestudio
BTCUSD Ready to exit this big diamondBTCUSD reached further the supply area in overbought condition. A potential decrease of 7% can occur if the price action interact with the anchored VWAP from ATH. This potential movement can ignite an impulsive 5-wave bearish exiting of this big diamond pattern, which is likely complete. Fisher Transform suggests the direction of the price action in 2H and 1D timeframes. Overbought condition on macro scenario, in which the price seems to be form a top, ready to a swing downward to complete a 5th wave of a expanded ending diagonal, likely to finish the actual bearmarket.
BITSTAMP:BTCUSDShort
by firmestudio
Swing trade about to happen on CZcoin BNBUSDTBNBUSDT is about to finish the 5th wave of a contracting ending diagonal. 12% drawdown can be expected as illustrated on this 1D chart. Price action on intraday below volume POC. According to my wave count, BNBUSDT is likely to be enter in a 5-wave swing-downward correction to made a lower low amid 160 USDT price @ least extending down 1.618 from the ABCD reciprocal harmonic pattern displayed. In a Wickoff method perspective, the price tends to enter in a SOW phase, breaking-down this triangle structure, but a rally of relief can be expected as a potential growth of BTCUSDT for the next month open. Oscillators: *Fisher Transform; *ESCGO_LZ (smoothed stochastic); *Chaikin Money Flow. This strategy was published for an educational study of the cycles of BNBUSDT market. You can see more of my progression on this short position by my previous posts.
Short
by firmestudio
XLM - Good Time to BAG RROFITS 💰Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Taking a quick look at Stellar / XLMUSDT which already increased nearly 60%. This is an altcoin that's been on my watchlist since early this year, and I believe a pullback seems logical from this point. The technical indicators RSI is showing overbought in the weekly. The Momentum in lower timeframes shows that sellers are taking control and the LSMA has fallen under 50. This point to a possible short term correction, which is only natural after a bullish 60% upward move. While you're here 👀 Check out LINKUSDT : My early accumulation plan for XLM : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
24
EURJPY Technical Analysis! Buy! My dear friends, This is my opinion on the EUR/JPY next move: The market is trading on 144.0 pivot level. Bias - bullish. Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 144.7 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Samsara Pulls BackArtificial Intelligence (AI) has become a big theme recently. Let’s take a look at Samsara, a newer company with potential exposure to the trend. The first pattern on today’s chart is the price level at $17.49 where IOT peaked last August. Notice how the stock paused below the zone on March 2, and then ripped higher after quarterly results beat estimates. (Interestingly, it was the second straight quarter with a bullish gap higher.) Also notice how prices tested and held the same level on March 23. Second, the 50-day simple moving average (SMA) rose above the 200-day SMA early last month. That kind of “golden cross” may suggest the longer-term trend has grown more bullish. Next, stochastics have slid to oversold territory. Finally, the current pullback has potentially completed an ABC correction. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:IOT
by TradeStation
Will Tesla Drive Higher?Tesla more than doubled between January and mid-February. It retraced almost half that move last month and is now trying to bounce. Will the move continue? The first pattern on today’s chart is the 50-day simple moving average (SMA), which the electric-car maker tested and held at the start of last week. The 50-day SMA is also rising for the first time since last summer. That may suggest its intermediate-term trend has turned bullish. Second, the Relative Strength Index (RSI) has started to rise. Similar turns in January and last May were followed by upside in the share price. Next you have the level around $166. It was monthly low for TSLA in November and held again this month. Fourth, the stock began this week by making a lower low than Friday and then a higher high. That kind of outside candle could suggest prices are coming to life after a period of consolidation. Finally, the calendar may provide a catalyst because TSLA’s quarterly deliveries are due in about two weeks. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
Editors' picks
NASDAQ:TSLA
by TradeStation
12
SPCE No Earnings Burning Cash Swing ShortSPCE is losing money for 4 consecutive quarters showing that it is fundamentally a losing proposition, perhaps destined for bankruptcy or alternatively share dilution to raise cash which would prejudice present shareholders. Perhaps these scenarios are baked into the price. On the 4H chart the long downtrend dating back 2 years has continued. After the turn of the calendar year SPCE got a little pullback from the downtrend but has made a head and shoulders during the most recent earnings. It is easy to see Virgin Galactic as a swing short opportunity while it is slowly turning itself into a penny stock. Perhaps it will be Mr. Musk's next project after finishing with Twitter and he will join it into Space-X which may or may not reverse the slow demise. This is a clear case the interplay between risk and reward. I will play this swing short until the week of the next earnings.
NYSE:SPCEShort
by AwesomeAvani
1
Baidu Pulls BackChinese Internet stock Baidu more than doubled between November and early February. Now some traders may be eying its current pullback. The first pattern on today’s chart is the $131 area. It was a low on February 24 and again last week. Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA on February 8. That may suggest BIDU's longer-term trend has turned more bullish. Third, stochastics are rebounding from an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NASDAQ:BIDU
by TradeStation
How to interpret charts from indicators (trading strategy)Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- Please understand that the 'Vol & Trend' and 'Strength' sub-indicators are a synthesis of existing indicators, and cannot be disclosed because they have been judged to be unsuitable for publishing as public scripts. ---------------------------------------- It is not easy to see and interpret all the indicators displayed on the chart. Therefore, it should be viewed and interpreted as the most critical interpretation method. The first thing to look at is the position of the MS-Signal (M-Signal on the 1D chart), HA-Low, HA-High, M-Signal indicators on the 1W and 1M charts. The most important of these is the location of the MS-Signal (M-Signal on the 1D chart) indicator and price. The price is currently located below the MS-Signal indicator, indicating a downtrend. To add one more thing to this, you can also check the relationship with the M-Signal indicator on the 1W and 1M charts. Since the price is located below the M-Signal indicator on the 1W chart and 1M chart, it can be interpreted as a downtrend from a mid- to long-term perspective. Therefore, you can see that the chart as a whole is starting to enter a downtrend. In order to trade in this situation, you need to check the location of the HA-Low and HA-High indicators. Currently, the HA-Low indicator is rising and is about to be created. Therefore, if today's candlestick closes around now, we would expect the HA-Low indicator to form at 21552.44. Therefore, it becomes important whether it can rise above 21552.44. Since the M-Signal indicator on the 1W chart is passing around 21552.44, whether it can rise above 21552.44 has become an important question. If the HA-Low indicator is created at 21552.44 and fails to rise above 21552.44, there is a possibility of renewing the previous low, so you need to think about countermeasures. If support is received at the 21552.44 point, it is likely to touch the vicinity of the MS-signal (M-Signal on the 1D chart) indicator. At this time, if you succeed in breaking through the MS-signal (M-Signal on the 1D chart) indicator, the possibility of rising to the vicinity of the HA-High indicator increases. When the candle is formed today, the body of Heikin Ashi is showing a bullish sign. Therefore, even if the price fails to rise, if the price remains above the Heikin Ashi body, it can be interpreted that there is a high probability of a rise around 21552.44. At this time, you need to check whether it is supported or resisted at the point 21552.44. As such, indicators on price charts represent trends and support and resistance roles, making it the most intuitive way to anticipate future movements. To support this, 'Vol & Trend' and 'Strength' auxiliary indicators are utilized. This auxiliary indicator strengthens the interpretation of the price chart indicators by providing additional evidence when the movements of the price chart indicators are judged ambiguous. The 'Vol & Trend' sub-indicator is an indicator related to trading volume. Therefore, you can check the buy strength and sell strength according to the movement of trading volume. You can also check whether the volume is trending up or down. The 'Strength' sub-indicator consists of the Stoch, StochRSI, RSI and CCI indicators. The most important of these are the StochRSI indicator and the RSI indicator. The RSI indicator is an indicator that is related to the HA-Low and HA-High indicators. Therefore, it is not directly interpretable. However, it is paired with the Stoch indicator and used as a basis for determining an upward trend or a downward trend. It is currently looking to switch from a downtrend to an uptrend. The StochRSI indicator is used to predict periods of volatility. In addition, it is used as a basis for determining whether the trend will change to an uptrend or a downtrend in the future due to the change in the wave. The current downtrend has turned to an uptrend, and it appears to be coming out of the oversold zone. The CCI indicator is used as a basis for judging whether there is an upward trend or a downward trend. However, it shows a trend that is more than short-term. All of these indicators are scored as uptrend, stationary, and downtrend to make an overall judgment. 'Vol & Trend' indicator Stationary : 1 Downtrend: 1 'Strength' indicator Uptrend: 1 Matching: 2 Downtrend: 1 It is a situation where the basis for judgment of the sub-indicators is not needed, as all indicators that are near the current price chart are located below the price. If it starts to show stationary or sideways movements near the price chart, then with the help of the indicators, you will be able to use it as a basis for judgment. Someone said it's a chart with all the indicators, yes, that's right. However, it is not always possible to see all indicators. You only need to report it when necessary and use it as a basis for judgment. We do not think of additional interpretation methods for each indicator other than the interpretation methods described above. You should pay attention to this. By combining support and resistance points here, you can create a trading strategy. No matter how you analyze the chart, analysis ends its role with analysis. To trade, you need to create a trading strategy based on chart analysis and correlation with support and resistance points so you can start trading. However, when it comes to most chart analysis, there is a tendency to ignore trading strategies. If you ignore your trading strategy, you will most likely not be able to find the right way to respond if the movement comes out in the opposite direction you thought. Therefore, both chart analysis and trading strategy are important, but you need to do chart analysis to create a trading strategy. If you forget about this and invest all your time and effort into chart analysis, you will end up with a higher chance of failing trades when you run out of time to craft your trading strategy right. Therefore, chart analysis should be completed in the quickest way to give you plenty of time to create your trading strategy. To do so, it is urgently necessary to make efforts to predict movements beyond the current one, rather than looking at the charts based on past movements and past patterns. ----------------------------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
INDEX:BTCUSD
by readCrypto
4
Snap Tried to Rally But it Didn’t Last LongSnap has been rallying as lawmakers move against TikTok, but traders may be selling the news. Today we’ll consider the daily chart of the social-media company, which has struggled since growth names hit the wall over a year ago. The first pattern is the jump above $12.50 on Tuesday, fueled by the news from Capitol Hill. SNAP failed to hold those gains, resulting in false breakout above the February high. Next is the 200-day simple moving average (SMA). Prices remained below this long-term trend indicator during the entire decline that began in October 2021. This week’s rally was its first test of the 200-day SMA, which may trigger some alerts for trend followers. Third, the stock gapped lower following its last two quarterly reports. Finally, stochastics may be peaking near overbought territory. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .
NYSE:SNAP
by TradeStation