Get started

Consolidation

JSWSTEEL getting ready for next upmove?After an extraordinary bull run from March 2020 to April 2021, JSW steel has been consolidating from the past one year. It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50. RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can add on dips upto 725-730. This opinion is just based on my personal analysis and not a trading suggestion.
NSE:JSWSTEELLong
by chartistamey
GER30 Sideways for the bullsPotential sideways for the bulls 12430 became a new low for GER30 right now at 14200 consolidated but the bulls won’t give up that easily. Bollinger bands showed a push up that the bulls has a push up potential to go sideways, anyways big fall and the war still going at ukraine. Now GER30 is now getting the experience but need the bulls to take over.. in order for bulls to break 14500 structure area.. then on the way to recent highs. Don’t think the big fall will happen for GER30 since the new floor had been made. Watch reversal happens , trade carefully. If the zone area breaks pass below 14000 area it will melt bad Also if the recent high breaks then on the way to new highs.
GLong
by JoyBoyVegae
HOW TO: Differentiate Accumulation vs DistributionHello, in this video I discuss a current active trade on AUD/JPY (see my page) and how I decide whether a consolidation phase is in accumulation for a wave up, or distribution for a wave down... I believe that the AUD/JPY pair is in a distribution phase and I explain why in the video. don't usually make videos and I'm sort of congested today so sorry if sound quality isn't subpar... :) safe trading and have a good weekend!
Education
by UnknownUnicorn37609548
Smart Money vs Retail tradersIn this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka consolidation. When the market makers accumulate enough buy and sell stop orders they continue the move often with the trend. The Big Trend Moves are always the Smart Money. Trade with them and you will always eat! Happy Trading Family!
by Master-Jedi-Trader
The pullback hasn't ended, keep an eye on this!Firstly, I want to say I'm sorry because I didn't announce I was going to take a break from posting this week. But I'm back. Bitcoin broke the $46.2k nPoC (check previous Weekly Review post) right after I published my thoughts, and ww rallied until $48k. After that, we started to see a pullback to around $44k, which got bought up. The main thing I see on this week's price action is that price failed to set a higher high, and, to be even more bearish, it flipped the support level at $47k (0.618 fib, weekly PoC and anchored VWAP) to resistance. But this is not enough. We also see that, on the volume profile, that most of the volume traded is at the top, meaning that a consolidation is what whales are looking for. My targets stay the same (again, check the last Weekly Review): mainly the FVG sitting at $43k. I do expect some crabbing around these prices at the start of the week, to be honest. Lastly, I want to thank you again for reading my posts. Have a good trading!
Short
by config_json
BTC-USD BITCOIN DROWNING-CONTINUES CONSOLIDATINGAlthough many other benchmark markets like the DOW, S&P 500 and VIX show promises and good solid corrections. Bitcoin is not doing any of that. It clearly shows me that that Bitcoin is not doing much of anything other than consolidating and struggling to determine direction. The MACD is showing a possible bear reversal which could be short lived. We need more time to see how Bitcoin will perform now that the regular stock market benchmark have corrected. Too soon to tell with Bitcoin.. Give me a thumbs up and subscribe if you like this TA and my TA videos. Show me your support and I will pumping out more videos for educational purposes. Disclaimer I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
COINBASE:BTCUSDShort
by CryptoBuzzAnalyst
5
XAU-USD- GOLD HEADING INTO CONSOLIDATIONXAUUSD - GOLD struggles as the general benchmark markets corrected and the VIX volatility index is now low showing much less fear in the markets. Watch this video to find out where gold is heading for the remaining month of April 2022 Disclaimer I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
FXOPEN:XAUUSD
by CryptoBuzzAnalyst
USDJPY - Consolidation after Uptrend expectedHi Traders! Here is our analysis: Price is in Strong Uptrend Made one Top then came lower Equal Lows --> First Sign of Bullish Weakness --> Bullish "Shock" As a reaction --> BBs closing their positions --> Consolidation expected If Breakout --> Down-Movement until next Support expected If you have any questions, another Point of View or anything else to share, don't hesitate to comment! Thanks and successful Trading :-)! --------------------------------------------------------------- ***Trade at your own risk*** ***Not every idea is traded by us***
by swissmoneymakers
USDCAD - Demand ZoneBesides waiting for the Bullish Deep Gartley setup, there's another way to engage the USDCAD chart. If you are into this consolidation or sideways movement, you could wait for a trading setup on the lower timeframe, preferably the 1-hourly chart for this setup. You can wait for a minimum setup of Double Top setup with RSI Divergence, in that case, you can have a tight stop, even if it fails you won't be losing a lot. Always remember, there isn't any hurry in hopping into a trade. It's always better to miss a trade than to jump in to one you regret.
Long
by RaynLim