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Centered Oscillators

Exxon Mobil Has Pulled BackExxon Mobil has steadily advanced for more than a year, and its current pullback may interest trend followers. The first pattern on today’s chart is $104.76, XOM’s previous all-time high from 2014. Notice how this level was resistance for the energy giant last June, followed by an October breakout. Prices probed and held the same area in December and January. Has old long-term resistance become new support? Next, XOM has been testing its 100-day simple moving average (SMA) and is near its 50-day SMA. That may suggest its longer-term uptrend remains in effect. The current price range is notably tight, producing an inside candle on the weekly chart (marked in yellow). Traders may watch for directional movement to continue following that kind of consolidation. They may also use last week’s range for price triggers. Finally, stochastics have fallen to 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 .
NYSE:XOM
by TradeStation
BTCUSD Daily - Little Hope Left Crypto Winter in SeasonAs you can see bitcoin is in a dire situation. There maybe a relief bounce to 33k to close a gap produced on the bearish push down. However I doubt that it will amount to anything, if it were to hold there is a chance for a new bullish cycle to start, but no signs yet. Instead we're developing momentum downward and will start to really grind if we don't get that relief bounce soon. The trend on the daily is a loss of momentum, I'm seeing a 5th wave ending on bitcoins grander cycles meaning the deepest bearish cycles may yet come to be. Maybe it will be a quick gutting, everything crashes at once, and bitcoin goes to unimaginable lows. As the dust settles, it may re-emerge from its ashes and start a new cycle. If not, it could be a slow and painful, complicated recovery or simply an outright death. Big Picture: Zoom Zoom: Previous Analysis: Elliot Wave Count/Gann Chart: Immediate Target 33k (if bitcoin has relief bounce) Next Target 20-22k Long Term Target 3-13k If BTC Recovers 80-120k This is not financial advice.
COINBASE:BTCUSDShort
by Mikhiavelli
5
Buy and Sell signals from MACD and RSI scriptThis code includes various input parameters that users can configure, including RSI and MACD periods, RSI overbought and oversold levels, MACD timeframes and signal period, and stop loss and take profit levels. By using the input() function, users can easily change the values of these parameters through the script's settings/inputs, without needing to modify the code itself //@version=5 // Author: divinedestinyman strategy("RSI-MACD Strategy with Multiple Timeframes", overlay=true) // Define input parameters rsi_timeframe = input(title="RSI Timeframe", type=input.resolution, defval="D") rsi_period = input(title="RSI Period", type=input.integer, defval=14) rsi_overbought = input(title="RSI Overbought Level", type=input.integer, defval=70) rsi_oversold = input(title="RSI Oversold Level", type=input.integer, defval=30) macd_timeframe = input(title="MACD Timeframe", type=input.resolution, defval="D") macd_fast = input(title="MACD Fast Period", type=input.integer, defval=12) macd_slow = input(title="MACD Slow Period", type=input.integer, defval=26) macd_signal = input(title="MACD Signal Period", type=input.integer, defval=9) stop_loss = input(title="Stop Loss", type=input.float, defval=0.02) take_profit = input(title="Take Profit", type=input.float, defval=0.02) // Calculate RSI and MACD values rsi_value = request.security(syminfo.tickerid, rsi_timeframe, rsi(close, rsi_period)) = request.security(syminfo.tickerid, macd_timeframe, macd(close, macd_fast, macd_slow, macd_signal)) // Generate buy and sell signals rsi_buy_signal = crossover(rsi_value, rsi_oversold) rsi_sell_signal = crossunder(rsi_value, rsi_overbought) macd_buy_signal = crossover(macd_line, macd_signal_line) macd_sell_signal = crossunder(macd_line, macd_signal_line) // Plot RSI and MACD lines plot(rsi_value, color=color.yellow, title="RSI") plot(macd_line, color=color.blue, title="MACD Line") plot(macd_signal_line, color=color.red, title="MACD Signal Line") // Execute long and short trades based on signals if (rsi_buy_signal and macd_buy_signal) strategy.entry("Buy", strategy.long) if (rsi_sell_signal and macd_sell_signal) strategy.entry("Sell", strategy.short) // Close long and short trades based on signals if (macd_sell_signal and strategy.position_size > 0) strategy.close("Buy") if (macd_buy_signal and strategy.position_size < 0) strategy.close("Sell") // Set stop loss and take profit levels for long and short positions strategy.exit("Exit Long", "Buy", stop=close * (1 - stop_loss), limit=close * (1 + take_profit)) strategy.exit("Exit Short", "Sell", stop=close * (1 + stop_loss), limit=close * (1 - take_profit))
PEPPERSTONE:US30
by divinedestinyman
1
Another Pusher Higher for Treasury Yields?Treasury yields have been falling since October as traders look for inflation to cool. But now there could be signs of a rebound. This chart of the 10-year Treasury note’s yield highlights the series of lower highs in November and December. TNX kept squeezing downward in January, but this month jumped back above the trendline. Is the period of consolidation ending? If so, will the longer-term uptrend resume? Second, notice the slightly lower lows in January and early February. The resulting trendline has a weaker downward slope than the higher line along the highs. That’s formed something of a descending wedge -- a potential reversal pattern pointing to the upside. Third, the Relative Strength Index (RSI) made higher lows at the same time TNX made slightly lower lows. Some chart watchers may consider that a non-confirmation of the lows, or positive divergence. Again, such an interpretation would point to the upside. Finally, yields have remained above the 200-day simple moving average (SMA) in green. They’ve also returned above the 50-day SMA. Neither of those facts point to yields going lower. 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 .
TVC:TNX
by TradeStation
Bitcoin - Phoenix Ascending Points $19KHi Traders, Investors and Speculators of the Charts 📈📉 According to the trend analyses that we've been watching, we didn't want to see a candle CLOSE UNDER the current support zone of $21700. From a trendline analysis, the next demand zone would only be at $18400. We can confirm this by pulling up two technical indicators : the Phoenix Ascending and the Bollinger Bands. Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term. However, BTC dropping may not be a bad thing.. for altcoins . Check out this idea: _______________________ 📢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-
20
LONDON UJ LONG 618 ON IB IMOMENTUMUsing half of our profit from last trade, we will go for another 2R on this last setup of London. Price has yet made another playbook setup and we must heed by our trading plan and take it. We have taken far more entries during ASIA/LONDON than we anticipated and although they were all profitable, taking these many entries is NOT what we recommend. Psychology studies suggest that the human mind can typically only make 1-2 rational emotional decisions per day and as we all know when risking capital, we are also risking our psychological capital which opens up risk of trading emotionally and going on TILT, resulting in giving our gains back to the market, or even ending up in a worse position than when we started! The only reason we are taking this trade is because it is going to be a 'set it and forget it' type of setup, using 1R which is technically "house money" at this point. PROBABILITY OF SUCCESS: 25%
Long
by USA_Capital_Funds
‘Abandoned Baby’ in Amazon.com?Amazon.com tried to rally a week ago. It proceeded to fall on weak quarterly results, leaving some potentially difficult patterns on the daily chart. First, the single candlestick on February 2 was isolated above the other recent prices. That is sometimes known as a bearish “abandoned baby” -- essentially a failed breakout. The location of the candlestick is potentially important. By occurring at the falling 200-day simple moving average (SMA), it suggests the longer-term downtrend remains in effect. (It was AMZN’s first test of the 200-day SMA since August.) It was also near a bearish gap on October 28, which was triggered by weak guidance. Next, the Relative Strength Index (RSI) is retreating from an overbought condition. Traders looking for continuation lower may now watch for a potential break of the trendline along the lows of 2023. 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:AMZN
by TradeStation
13
Does the Nasdaq Need a Pause?The Nasdaq-100 has been running as investors flock back to growth stocks. But is it time for a pause? The index has gained each of the five weeks so far this year -- its longest winning streak since November 2021. Speaking of November 2021, the Relative Strength Index (RSI) ended yesterday at its highest level (73.53) since that same month shortly before the bear market began. Next is the September high around 12,753. NDQ closed above it yesterday, but it may still represent important resistance. Third, the upper chart plots the 10-day simple moving average (SMA) in yellow. The lower study is our custom script Distance from MA, which shows Thursday’s close was the highest distance above the 10-day SMA in almost three years. Is the index overbought? Given the sharpness of the recent surge and the broad negativity in the market, pullbacks could be shallow. But if NDQ gets stuck near the September high, sellers could get active. In that case traders may eye 12,000 as an important level because it was a low in early September and near the highs of November and December. 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 .
TVC:NDQ
by TradeStation
Pullback in Yum BrandsYum Brands had a strong rally in late 2022. Now after a pause, the restaurant company may interest pullback buyers. The first pattern on today’s chart is $125.70, a daily closing high from last April. YUM hesitated below that level in November and then began the New Year by testing it. Prices are now holding the same zone again, which could suggest old resistance has become new support. Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA during the period of consolidation. That may suggest the longer-term trend is turning bullish. Speaking of the 50-day SMA, the owner of Taco Bell and Pizza Hut is lurking near that intermediate-term trend indicator. Traders may watch to see if it can be reclaimed. Finally, 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 .
NYSE:YUM
by TradeStation
Bottom feeding - Idea 3 - Atletico De Madrid Fan Token (ATM)Is there an opportunity to turn $100 into $1000 after all this selling? That’s what this idea/s are all about, focusing on ultra low market capitals, the $5 to 20m bracket. There are rules: 1) Must be an active project. 2) Must have more than one developer. 3) Must be printing a ‘incredible buy’ on 2-day dollar chart 4) Ideally printing divergence I’ve no idea why fan tokens are all looking bullish at this moment. Someone knows something I don’t. Is it possible price action falls further? Sure. Is it probable? No. Good luck! WW Massive bullish divergence on the 3-day BTC chart, perhaps I should take a position!
Long
by without_worries
5
5 Important Points About BTC.D🦍BTC.D or Bitcoin Dominance is one of the most important factors for investors to find out, if it is better to keep more Bitcoin in their bag or Altcoins. Don't forget, it's not all you need to make your decision but it's the important one! To make a decision about BTC.D, I've checked multiple parameters on weekly time-frame chart, so we dive deep into them one by one. Let's hit it. #1: Indicators (RSI and MACD) : MACD is showing a bullish divergence on the chart, that means the bearish momentum is getting weaker. It doesn't mean we're going up, but it means if any bullish power happens we can easily go up because Bears are weak now. Let's check RSI on the chart, the RSI is completely moving above a ascending trendline (Yellow line). Until we're above it, then BTC.D is good to go up. It looks like RSI is going to touch it's trendline again, if it does, I'll consider it as an important date to check my altcoins to swap with Bitcoin. #2: Consolidation channel for 1.5 year : This is a very strong and important channel for BTC.D because it has trapped BTC.D inside of it for more than 1.5 year, and many traders have used it to accumulate more BTC. How? Swap altcoins for Bitcoin in the bottom of the channel and the opposite in the top of the channel. Now that we're very close to the bottom of the channel so we have to consider swapping again, from Altcoins to Bitcoin. But be careful, you have to check each of your altcoin's chart one by one before making any decision. #3: Very strong support area (green area) : At the bottom of our consolidation channel, you can see a green area that is the strongest support area in BTC.D history. Because almost every time BTC.D had reached this level, it has forced BTC.D to move upwards. The overlap of this support area with the bottom of consolidation channel makes me seriously consider to swap most of my altcoins (with capital/risk management) with Bitcoin. SO TAKE BTC.D AROUND 40% SO SERIOUSLY. #4: BTC.D All Time Low : It is possible to have a downward fake breakout to 35.4%, because this is BTC.D ATL (all time low). It has happened before, so I'm still bullish on BTC.D unless this area is strongly broken downward. Other than that I believe we're in the BTC.D floor or at least close to it. It means, I prefer Bitcoin to Altcoin for long run as this is a weekly time-frame. #5: Comparing Bulls and Bears : I compared last two waves in the consolidation channel, greens from bottom to top and reds from top to bottom. As you can see on the chart, it took 20 candles (week) for bulls to go from bottom to top and 13 candles for bears to cove top to bottom. It means, in last two waves bears we're definitely stronger than bulls and we didn't see enough momentum in bulls. Although BTC.D is on the floor but my impression is that, BTC.D doesn't have enough momentum to break the channel upwards with one bullish wave. I think we need at least one strong correction in the middle of the road, before upward breakout. This will be my tough about breakout unless we see a super strong momentum when the bulls start pushing BTC.D. I wanted to add something else about this breakout, no matter when it happens, the target of BTC.D will be something around our green area (58%). So that date, will be a good time to check the market to swap Bitcoin for Altcoins. Well, this is my analysis on BTC.D, don't forget this is a weekly timeframe, so it is for long-term investors not short-term traders. Feel free to add up your ideas about my analysis in comment section, I do like to discuss different ideas with you guys to educate ourselves and take the best out of the market.💖
CRYPTOCAP:BTC.DLong
by ArshiaZojaji
13
COIN LONG after a reversalCOIN's long downtrend reversed after signs of the end of the crypto winter and SBF brought to justice to clean up the crypto industry. Moving averages show the inflection and new uptrend. On the volume profile, the price rose over the POC line showing that buying pressure exceeds selling pressure. The chart pattern shows a double bottom late December and this past Monday clearly establishing a key support level. This looks to be a good swing long with a target being the 0.5 fib level of the retracement from the downtrend. Call option contracts are a good alternative to a sizeable trade of stock.
NASDAQ:COINLong
by AwesomeAvani
2
LINKUSDT Peaked at this Reversal ZoneLINKUSDT seems peaked at this Right-Angled Broadening Wedge. I'm using Herif's Harmonic Pattern Projections indicator to show the 5-0 Harmonic structure within the Broadening Wedge. The price action is trading at this Potential Reversal Zone at the top due to a Candlestick Engulfing Bearish on BTCUSDT and a C-D bearish swing-leg can be expected to Volume POC level. Technicals: Volume decreasing shows bulls lack of confidence; Awesome Oscillator on H2 shown bearish Twin Peaks formation; Fisher Transform on M30 bearishness crossing. * 5-0 Harmonic Pattern was introduced by Scott Carney
Short
by firmestudio
4
WATCH OUT❗ BearRally Correcting Overleveraged MarketsHi Traders, Investors and Speculators of the Chart📈📉 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. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 Bearish market rallies are meant to look like bottoms - shaking many holders out of their positions. This is because Stop Hunting Algorithms flourish here, hunting out your stop losses with wicks and volatility. In this short analysis, I explore the Total Cryptocurrency Market Cap in depth, using Technical Indicators such as the Bollinger Bands, Volume and Phoenix Ascending. A formidable resistance zone is currently at 1T for the TOTAL chart, and I would only consider a reversal if we can CLOSE a WEEKLY candle ABOVE 1.1T ⬆ In other words, remember to take profits during a time of upward price action. IMPORTANT XRP and XLM update coming tomorrow, stay tuned and follow 👀 _______________________ 📢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
CRYPTOCAP:TOTALShort
by CryptoCheck-
23
SPOT SILVER XAGISD Short Swing SetupOn the 15-minute chart spot silver in the past few days dropped from a triple top and then reversed in a Fib retracement. Since the price is now at the Fib 0.5 level and a MACD crossover above its histogram, the time is ripe for an end of the reversal and a new reversal to ensue with the stop loss above the Fib 0.5 level, the short trade entry is when the price drops below the POC of the volume profile of the past week ( horizontal black line) with a target at the pivot low of the previous downtrend. At the target price would either reverse again or break through the support and continue the downtrend. Overall, this is a projected 2.5 % over a couple of days. Overall, my trade idea is that spot silver will now drop to the bottom of the recent downtrend and then reverse forming a double bottom and strong support for an uptrend to exploit for another profitable trade.
OANDA:XAGUSDShort
by AwesomeAvani