APTOS short term short targetThe chart points suggest a short term bearish move may be likely with up to a 5% drawdown. The short target is at the extrapolated minor Cosmic Channel Lite support and the stop at the resistance.
G-channel
DXY major overlapping support targetThe 6h, 1h, and 15 minute timeframes show the next concentrated support to be at $100.7 (thick red line), while the next minor 1D timeframe support lies at $100.1. The price hovering below the current 6 hour Cosmic BB SR support suggests further downward momentum.
Next major BTC resistance with targetThe long target is drawn near the thick blue line which overlaps over major Cosmic Channel Lite resistances spanning 3 timeframes, showing a thick ceiling that may possibly bring about a large reversal.
UAL bullish breakout on try 3UNITED AIRLINES HOLDINGS, INC price has mostly been below the 1D Cosmic Channel Lite basis line since the start of Corona but has now broken above it on attempt number 3, albeit for the second time since the pandemic began. The 15 minute chart provides the context needed to determine if this breakout will hold.
$PEG ShortRejection of downsloping supply line
fakeout of former support with bearish engulfing candle
confirmed daily bearish divergence
EURUSD minor and major SR levelsEURUSD is ranging inside a stable channel defined by both minor bullish and minor bearish signals over both timeframes. On the 1D timeframe the price is in a larger bullish trend with major resistance at "Basis line" level hovering under $1.15
USDINR Bearish setupUSDINR: it used to trade with 97% precision in regression channel trends,
which is now decisively broken.
The current candle seems more like a temporary pullback and the Indian currency might witness strength in upcoming sessions.
only believing charts, I would be comfortable having a short stance for target 79.95
GBPUSD CHANNEL BREAK H4Hello ! GBPUSD Broke The Channel Successfully
Now If GPBUSD Retest The Channel At 1.2050 Area Then You Can Take A Long Position For 1.2150 Area .
I Hope It Will Work And Give Us Good Pips .
Thank You
Japan 10Y Gov Bonds 1D long targetHigh likelihood that a reversal will happen when the price touches the 1D Cosmic Channel LIte resistance line, or that line gets highlighted as the price enters the indicator's topmost internal level.
ULSD Futures short 1D targetThe chart points suggest a continued bearish move with the short target set at the 1D Cosmic Channel basis line and the stop set at the 1h Cosmic Channel basis line.
EURJPY 1W long targetThe signals in the chart give a bullish outlook and the long target is set by extrapolating slightly below the resistance line in the direction of the latest regression.
Nifty is at critical support zonefor the last 12 to 15 days the nifty is sideways, it wavering around critical support zone where multiple price patterns are confronting.
It is interesting to see, how these patterns unfold. As of now 2 weekly inside candles are form, it likely to create a range of 17700 to 18300 level over this month
Natural Gas Futures near supportIf this is in fact the short term bottom, the 1h chart price should break above the 1h support around the "1D support" level. However if the price continues below "1D support" a further drop may be likely.
1/4/2023 AnalysisThe Hard Road Newsletter - Weekly Analysis, auto investing machines and News
Yellow line is the 200 SMA
White Line is the 20 SMA.
Bottom indicator is the 20D Cumulative Returns
For those that don't know, Pivot Points, are reversal points of trend channels. You can see the trend marked out using a Regression Channel drawing tool inside Trading View.
We are expecting a continuation of this next wave of the downtrend, at least 1-3 weeks.
The major resistance we are seeing is $350.Note the RED drawn line for primary prediction of a support bounce and Orange as a secondary breakdown.
20D Cumulative Returns (Bottom Indicator)Looks like we're in for a bumpy ride! The current trend channel hasn't even hit the $350 support mark yet and the 20D cumulative returns are barely scratching the surface of their typical bottom of -10%. Buckle up, because it looks like we've got more room to fall over the next 1-3 weeks.
Trend Continuation or Reversal ZoneIf the trend holds at the $350 level, we may see a change in the trend between Apr 03 and Sept 05. At this point, the market will either continue to decline or reverse into a bull rally. Alternatively, the current downward trend may continue if it falls below the $350 level.
Major Indicators to Watch
FED Interest rates and money supply constriction will be a major factor in determining the market's direction. An increase in rates could mean more bear markets on the horizon. In other words, if the FED raises rates, it's time to start hibernating like a bearUnemployment Rate/Participation Rate - If layoffs increase, expect less money going into the markets.Public Sentiment - The bear market may continue if your grandma, mom, and uncle who live paycheck to paycheck are starting to save money out of fear.
The Hard Road Newsletter - Weekly Analysis, auto investing machines and News
Harmonic Pattern with Multiple Confluence for Point X and DThis is an example of regression channel with harmonic pattern.
By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly.
There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete.
For Point D, best to monitor price changes using RSI or other similar RSI (Cyclic RSI, etc).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive
4. Simple OHLC Custom Range Interactive
5. Cyclic RSI High Low With Noise Filter
Channel Up and M Pattern (Bullish Bat)This is an example of Channel Up and M Pattern (Bullish Bat).
Found that M Pattern (Bullish Bat) within Channel Up.
Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive
DODG - Round 2?DODG looking like it may want to squeeze up more soon. Regression trend down off the recent high showing the potential for a reversal back to the upside with fairly strong divergence off the regression channel midline. BBs have gotten tight again on the 4-hour and shorter timeframes indicating a directional change. Volume appears to be swinging back to bullish. DODG is not oversold on the daily chart. Will look for confirmation of the move and add (or not) based on direction.
With lots of strong support at this price from the Feb 2021 run-up, seems like a relatively low risk entry.
Maybe they are letting DODG run a bit to help provide some cover for the FTX shenanigans.
NFA.
AMC - Bullish Trend to ContinueAMC price has moved back up into the mid $7 range after recently dipping below $6. This upward trend included a potential break-out on 11/11, and this upward trend is looking like it could continue based on technical indicators I watch.
The regression trend midline as presented is providing support on the daily and prior to release of APE this stock had significant price support in the mid-$7 price range. Stoch RSI a tad high but has cooled off slightly, and the stock price could easily continue to move up from here. The Volume Accumulation % has turned bullish as buyers appear to be taking over and the MACD is about to flip above zero. The MACD going positive has resulted in substantial price gains the last two times it has occurred.
Price may want to retest the break-out early next week. Will look at the Option chains on a back-test or pull back for a potential good options play next week. Will likely also look to add to shares. Given the overall chart dynamics, technical indicators, and a uber-resilient OBV, seems to be a fairly low risk entry. Further, have to wonder what the on-going demise of FTX and the associated AMC stock tokens traded on that exchange may have on the price.
Not financial advice.
APE - possible trend change at T-90APE share price has been heading down since it hit the market nearly 90-days ago back in August 2022. Some discussions state that shorts may need to significantly cover at the T-90 mark, which hits next week. Not sure if the MMs would be required to close/cover at T-90, due the numerous exemptions allowed to them for "market efficiency" reasons, but regardless the APE chart is starting to look more bullish.
Regression trend on the 2 hour chart along with a few other technical indicators appears to be showing a potential end to the multi month bearish trend. APE share price has started to drift away from the regression center line suggesting a new trend may be developing. Further the Bollinger's are getting tight on the 2 hour suggesting a near-term pending directional move.
Stoch RSI is near - but not yet overbought on the 2-hour chart, and the price can still run from here IMO. The Volume Accumulation % indicator is showing that buyers are finally coming back. Expecting a run to upside on APE fairly soon. No options available on this one. Adding to shares.
A refreshing look at technical analysisConventional technical analysis is based on the combination of two methods for predicting price movements: one method attempts to "clear" them of noise in order to track their direction, and the second method attempts to predict changes by detecting obstacles in its path and evaluating the momentum of a current direction. In addition to these two methods, it is common to rely on patterns that are signs of things to come. These are mainly patterns based on Japanese candlestick arrangements that can indicate a trend reversal, such as a head and shoulders pattern, etc.
The problem, which is familiar to everyone, is that with any security or currency pair, you can also see shorter periods of decline in a period of rise and vice versa. That is, the price chart has fractal properties (fractal is the name coined by mathematician Benoit B. Mandelbrot in 1975 to describe repeating or similar geometric shapes).
Classical or Euclidean geometry fits perfectly into the world that man has created. However, it is less suitable for the structures found in nature. Clouds are not perfect spheres, mountains are not symmetrical cones, and lightning does not travel in a straight line. Nature is not smooth but rough, and until recently it was not possible to measure how much. Mandelbrot developed a mathematical representation of complex patterns that repeat at any scale, and thanks to the invention of the computer, he proved that fractal geometry can represent patterns even under conditions of irregularity in the natural world. In his book: "The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward" he shows that fractal geometry can also represent market movements.
The idea can be understood without mathematical knowledge by looking at the course of a river. A river does not flow in a straight line, but in a channel where the resistance to water flow is lowest. The actual length of the river divided by the air distance is defined as the coefficient of curvature, and its average value for rivers in the world is 1.94. The coefficient of curvature is also a special case of the fractal dimension. The curvature coefficient 1 of a straight line is actually one dimension, while the curvature coefficient close to 2 is actually almost two dimensions. In the general case of two- and three-dimensional shapes, the less smooth the contour of a shape, the greater its roughness - its fractal dimension is greater.
Mandelbrot claims that the "noise" - the fluctuations of the price around the general trend - is not random ("white" noise) and therefore cannot be suppressed by a moving average that smooths it out while ignoring the fractal properties.
Many attempts have been made to find the regularity of market movements using fractal properties. What I do is to form multiple channels:
Within the "game board" whose boundaries are defined, I sketch the longest parallel channel, and within that channel I sketch an intermediate parallel channel, and on top of that I sketch the optimal parallel channel for trading in a time frame that provides the best balance between too early and too late, and between too painful fluctuation intervals and insufficient trend lengths.
JASMY +125% | RSI BULLISH DIVERGENCEJASMYUSDT DAY TRADE
RSI at day timeframe formed a bullish divergence.
Downward channel broke.
If Day candle close above 0.004547. then we can now entry for a long position.
DODG - just maybeLooks like DODG may be getting closer to finally moving back to the upside.
Volume profile is bullish and looks like significant accumulation has been occurring since around late June of 22. Selling appears to have all but completed dried up. Price is moving/staying away from the center line of the longer-term regression trend signaling that the downtrend may be over/ending.
Bollinger Bands width staying super low for over a month on the daily signaling a decent move could be in the works, and the OBV showing that the extended drop in price of DODG has not resulted in longer-term holders giving up/selling this coin.
With significant support in this price range from early 2021 (that has been tested many times now) I expect DODG could begin moving to the upside again. Obviously the macro picture may have other plans for all of us, so just nibbling here and waiting/watching for further confirmation...
NFA.
