Cme!
"Corn is retesting the Resistance Zone" by ThinkingAntsOkDaily Chart Explanation:
- Price started its down move after bouncing on the Major Resistance Zone.
- Now, price is on the Middle Resistance Zone.
- If it bounces from here, it has potential to continue its down move towards the Support Zone and, then, towards the Major Support Zone.
- We are looking for sell setups on lower timeframes.
Weekly Vision:
Updates coming soon!
0042 - Short E-Mini S&P Future ContractsPrecio de Entrada: 2955.25 USD
Stop-Loss: 2997.25 USD
Objetivo Mínimo: 2819.25 USD
Objetivo Máximo: 2819.25 USD
Razonamiento:
- Entre el 01 y 02 de Octubre el precio rompe a la baja zona de soporte en donde confluyen el mínimo del mes de Julio 2019 y un nivel invertido semanal. De tal modo que el sentimiento de mercado que tomo es bajista.
- El precio de entrada se encuentra justo en el mínimo del mes de Julio de 2019 que ahora debería funcionar como resistencia. Se busca operar el test al nivel invertido.
- El stop se encuentra justo por encima del high de la vela del 01 de Octubre que fue la que rompió a la baja el soporte.
- El Objetivo Mínimo y Máximo se encuentran justo por encima de un nivel de soporte que demostró ser una fuerte resistencia en los meses de Octubre, Noviembre y Diciembre de 2018 a la vez que fue un fuerte soporte durante el mes de Agosto de 2019.
0041 - Long Gold Future ContractsPrecio de Entrada: 1495.70 USD
Stop-Loss: 1477.60 USD
Objetivo Mínimo: 1542.90 USD
Objetivo Máximo: 1552.50 USD
Razonamiento:
- Luego de romper el soporte en los 1490 USD, el precio se recupera y vuelve al rango en un corto plazo. De tal modo que asumo un sentimiento de mercado alcista y el rompimiento como falso.
- La entrada se encuentra justo por encima del soporte, esperando entrar en un test a dicho nivel, lo cual, dibujaria adicionalmente un higher low.
- El stop esta por debajo del ultimo swing low en 4H.
- El Objetivo Mínimo se encuentra al nivel del ultimo swing high.
- El Objetivo Máximo se encuentra en la parte alta del rango.
XBTC-BTC/USD WEEKLY CLOSEGood day guys,
well we had the weekly close under 8 k, not a good sign on my view, per weekly we are in a bear market. We have ton of 9 buy coming up or in game now and a possible descending triangle forming on the daily/4 h ( later a chart of the 4 coming up).
On a overview of the TD and CME open:
M 2 UNDER 1
31 D PRICE FLIP - green 1
W 7 ON 9 COUNT
3D 9 BUY
2D 9 BUY
18 H 9 BUY
12 H 9 BUY
8H 7 ON 9 COUNT
4H 8 ON 9 COUNT - NEXT CANDLE A 9 BUY
2H 6 ON 9 COUNT
1H 2 ON 9 COUNT, NOT YET A 2 ABOVE 1
15 MIN NEUTRAL
CME OPEN GAP FROM 8200 TO 7903, possibility for upside to the trend line and 8k resistance zone with a wick up to close the gap. This would be a relief bounce before new lows in my view.
Keep a close eye on ADX and the -DI on verge of a possibile cross with +Di
Safe trade folks
RBOB Gasoline Futures (Jan 2020) - Rectangle in formationNYMEX:RBF2020
Clear rectangle on the January Futures of the RBOB Gasoline.
A breakout could lead to an interesting trend to ride.
When trading commodities and futures contracts you should always take into account the specifications of each contract to calculate exactly how many contracts to buy or sell short on the basis of your risk management and position sizing.
www.cmegroup.com
One Lone Bull Amongst Millions of BearsWe have Broken and Closed below the 200 DMA.
We had a confirmation Daily Candle close of indecision that failed to even reach the 200 DMA for a retest.
Dominance is on it's way down after finding rejection at the bottom of a channel it rode for quite some time.
The Weekly has only just tapped the 100 WMA but has long lost its 20 WMA and 21 WEMA.
Bakkt has came in to smash the price down for better entries just like the CMEs.
I know, I know... There is Every Reason In The World to be Bearish.
BUT...
I really like Harmonics. (Insert the cookie monster "I don't Know" meme)
Sometimes with TA I feel like an old reporter, before all the major networks were biased and journalism become just a laughable taking point amongst our future selves.
I report what I see. Does this make me a Bull? Does this make me a Bear? Does it mean I must be right? Does it mean I must be wrong?
Honestly, does any of that really matter? Price will do whatever price will do and we will be there every step of the way, watching and learning and trying to build a future.
Enough with the absolute nothingness and lets gets started, shall we?
First, The Bullish Gartley -
The Bullish Gartley is an advanced ABCD Pattern in the Harmonics Family. This is a 5-Point Reversal Pattern.
These patterns are unique in which they carry with them some specific rules in which reversals or pivots can take place.
The XA of a Gartley should be an impulse leg. A fairly straight forward move in price to either the upside or downside.
The B point needs to reach at least a 618 of XA but cannot touch the 786
The C needs to be at least a 618 but must close below a 786 of AB
Finally the D should be a 127 X of AB and as an added bonus, a 786 confluence of XA
Ok, we did not get the confluence of XA
Now the Targets for a Bullish Gartley are the 382 and the 618 of AD
TP1, depending on timing could have confluence with an AC non-valid trend and even more insane would be the intersection from a support wick trend using our B as the anchor 2.
TP2 at the 618 Would be confluence with the ATH-LL 50 Line.
Ok, ok. Now for the Cypher...
Much like the Gartley, the Cypher is a 5-Point Reversal Pattern also an advanced ABCD and in the Harmonics family.
A Cypher differs in a lot of ways, especially the way it's calculated and the fibs that are used to achieve the correct results.
The XA should again be an impulsive move up or down. I admit that this move down is not as sharp and smooth as I would like but I'll deal with the minor retrace.
The B needs to be at least a 382 and must close below the 618 of XA
The C needs to be at least a 127 X of XA but it must close below a 1414 X - I know, this closes at 1417... - While this does diminish some quality to the pattern we do allow for some cushion in both directions.
The D Point should be the 786 of XC
That's weird... The 786 D Point is ALSO the 50 Line from the ATH-LL Fib. hmmm
Targets on the Bearish Cypher should be the 382 and the 618 of CD
See some similarities don't you?
Again, timing would be everything with something like this. The 382 with confluence from that same trend as the Gartley at the 618 with confluence from the ATH-LL 382.
Ok, let's piece it all back together again...
And there you have it...My Friday Night in a nutshell. Yeah, real party animal these days...
So yes, thee is every reason in the world to be bearish but these are also very easy to manage. Entry at the D, SL under X for the Gartley and above X for the Cypher.
Strike rates on these are fantastic so long as they truly are a correct pattern that follow the rules. The closer you follow, the better quality the pattern and the more likely to see TP1 and TP2. These can target all the way up to a 1618 X, which is what the Gartley did that was formed using the 2018 Low...
Anyway, up or down, win or lose, profit or loss, I hope somebody learned something.
BTC Bullish Divergence and CME Gaps Filled!Hello Traders!
Today’s analysis will be on Bitcoin’s recent developments, Bullish Divergence and CME futures gap filled, could a bounce be more probable from current rage?
There are a few technical indicators that point towards a market bounce
Points to consider,
- Clear bullish divergence on hourly timeframe
- Major resistance at .236 Fibonacci level
- Major structural support at 8K level
- Stochastics turning bullish
- RSI respecting upwards trend
- VPVR showing low volume of transactions
- Volume well below average
- Volume climax candles
- EMA’s yet to meet price
Bitcoin has finally filled its CME futures gap around the $8,000 mark where it held support and traded this region to form a potential bullish divergence. Price is making lower lows whilst the RSI makes consecutive higher highs.
Local structural resistance for bitcoin is the $9,200 mark, which is in confluence with the .236 Fibonacci level. A break from this level will be quite bullish…
The stochastics are on the verge of turning bullish, signifying that the downside steam has cooled of and a move upwards is more probable. RSI is respecting it’s upwards trend, we need to see it continue to diverge from price, and this will cool of the indicator from oversold conditions…
VPVR is quite interesting, as there is no high volume traded between current support and resistance, a bull move up would not experience heavy resistance due to lack of volume traded between the two regions.
The volume profile is also quite interesting; we’ve had multiple volume climax candles and large wicks being bought back up. This signifies a strong level of support that is defended by the bulls. The EMA’s have not yet reached price so, at current time being, it is bearish until we see a bullish cross…
It is more probable for Bitcoin to bounce and retest local support; it would be a natural market reaction after a straight flush down. This is supported by the tentative bullish divergence forming at current given time.
What are your thoughts on Bitcoins current price action?
Please leave a like and comment
And remember,
A streak of winning trades can boost your ego and self-confidence to such an extent that you start believing that you’re invincible. If that is the case, try to take a break from trading to calm your emotions down.
"Top and Bottom Analysis on Corn" by ThinkingAntsOk4H Chart Explanation:
- Price is on a Micro Ascending Channel.
- Bearish Divergence on MACD.
- If price breaks the Channel, it has potential to move down towards the Middle Support Zone first and, then, towards the Support Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
if we are ging off CME gaps, there are two unfilledlong if you are a true believer that cme fututes gaps need filling,
if we are going off CME gaps, there are two unfilled
if its true that bitcoin needs to fill gaps , which so far is true regardless of bitcoin maximalists refusing to say futures has a big say in Bitcoin price,
Pomp, Vays will never even consider it!!
Pomp uses people pension funds
respect to vays though, he lays his cards out and will back it up
anyway, these need filling if its now a rule ( unwrittan of course)
#btc - The price was lowered to a red dot. The price was lowered to a red dot. The stronger the shot.
We were in the downtrend. Additional indicators in reducing mode.
We don’t forget about BTC - on September 27, the expiration of semi-annual futures on both CME and Bitmex. It is worth waiting for precisely this decline!
(but it is not exactly)
And we went into the supply demand zone 6 times.
This zone also acts as a support.
Remainder of 2019 Corn Price ActionThis is how 2019 is going to play out.
I can't believe how well this fractal lines up with the trendlines and the CME Gaps.
Both gaps at $8494 and $7175 will be filled by mid-September.
Sideway movement will follow until late January/early February.
Launch sequence to the moon will have begun by Mid-February.
Bitcoin // Possible Adam + Eve Hello,
Beginning with the 1D chart on CME we can see the birth of Adam and Eve taking place. At the same time we can see a shooting star ready to be confirmed. This points to the possibility of printing a handle for A+E. Also a cross between the 8D MA and 21D MA is about to occur.
Below it, we find a gap. Although I believe we shouldn't wait for a gap to be filled, we can find support near it if we get a short-term dip. Or break in and fill it. A daily close below the gap can null the pattern and a triple bottom can occur, although I don't expect that to be the case. If Adam and Eve gets invalidated, a bounce at the bottom of the bull flag is highly possible.
Above it, we can confirm the pattern and continue the run above the bull flag to a target of $13,900 and beyond.
- B
12hr:
4hr:
"Corn: going down as expected" by ThinkingAntsOkDaily Chart Explanation:
- Price bounced on the Major Resistance Zone and started the down move.
- It reached our first target for the bear move at the Middle Support Zone (4.00).
- Now, it has potential to move down towards our second target at the Support Zone (3.395).
- We are looking for sell setups on lower timeframes.
Check our our Weekly Vision. Updates coming soon!
Weekly Vision:
#BITCOIN has broken the TRENDLINE. #BTC $BTCBitcoin has broken the TRENDLINE today that we have since the beginning of the run up.
I think over the comming month we can see a correction to the boxes below.
Targets are:
$8500 & $7400 : In this range we have CME gaps that needs to fill. If the gaps are filled is there a possibility that we can see slowly grind up again. Also a box for a retest of previous tops and downs. Or we are on a way to test lower.
DONT FORGET. Halvening minus 300 days away. Be happy that Bitcoin is getting cheaper. In the future you are not getting this chances to get so cheap BTC!!!
Another target
$6200 & $5800: This region is a way way back. That is for sure. But its not bad to retest that region because we are pumped through it with no test back. It will also be very great for alts that
bitcoin needs to cooldown. ALTS up for grinding new money and them BOOM fresh money for buying BITCOIN. So be positive about dumps guys.
EVERY SATOSHI is a investment for the future that can make you RICH ( or not :P )
Goodluck!
This idea wil be up to date