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EURUSD Monthly S/R Support| Price Action| Trend Evening Traders, Today's analysis, EURUSD - trading towards a key resistance level where a bearish retest is possible, Points to consider, - Price Action Corrective - POC S/R Resistance - .618 Fibaoncci Resistance - Bearish OB Resistance - Low Volume EURUSD's immediate price action is corrective, the bounce is on low volume and approaching a key trade location with resistance confluence, this allows for a bearish bias. The resistance is the .618 Fibonacci, POC S/R and a Bearish OB, price action is likely to have a rejection of this level, a reclaim will be a strong bullish sign, invalidating the trade. The objective is the lower Daily S/R support and the overall Monthly S/R Price action is to be used upon discretion/ management, hope this analysis helps remember, "Amateurs think about how much money they can make. Professionals think about how much money they could lose." –Jack Schwager.
by The_Alchemist_Trader_
BITCOIN: GET READY! This is a 3-day chart of BTC. There is an ABCD pattern and concentration in a possible PRZ. Contrary to popular belief, there is no one 'ABCD' pattern but a series of them. When you see one where AB=CD then there is a potential for reversal. ABCDs do not have to be 100% accurate. The important issue is price action in the potential PRZ. The current picture is not a prediction because I CANNOT possibly know what the future holds. If you are 'getting ready' it's for two things: 1 - a movement north 2 - a movement south. With all trading it is about taking an affordable loss. The 'big money' will be looking at the PRZ too. Small traders need to be extremely careful. BTC is not a great investment due to its particular wildness. Stay safe. Disclaimer : This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
BITFINEX:BTCUSD
by Captain_Walker
Why is Anil Ambani’s Reliance Power up 40%? Shares of Reliance Power (NSE: RPOWER) have been volatile after the Indian electric company secured a long-term debt agreement for up to 12 billion rupees ($150.4 million) from private equity firm Varde Partners, a US based investment firm focused on distressed assets in India. RPOWER announced the deal on Sept. 5, sending its shares surging and at close of trading, the company stock price had risen 9.9% to 23.30 rupees. On Sept. 6, the company’s stocks dropped 6.0% at close of trading to 21.95 rupees. The abrupt increase in Reliance Power's stocks, albeit short lived, elicited a warrant for explanation from the National Stock Exchange of India Ltd. and BSE Ltd. In its response, the company said it couldn't comment on the price movement and assured that it will make an announcement when necessary. Perhaps more alarming is the climb in RPOWER’s share price before the announcement. In the two days before the announcement was confirmed, RPOWER’s shares climbed 37%. Reliance's Power in India Reliance Power is an electric power generation, transmission and distribution company based in Mumbai, India. It is the country's leading private sector power generation and coal resources company with one of the largest portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy. It has an operating portfolio of 5,945 megawatts. A member of the Reliance Group conglomerate, the power company has a market capitalization of $992.8 million. In the quarter ended June 30, the company recorded a loss attributable to owners of its parent at 708.4 million rupees against a profit of 122.8 million rupees in the prior-year period. To support its future plans, the company is considering raising fresh capital from both domestic and international investors. Apart from the recent agreement with Varde Partners, Reliance Power is considering an issuance of equity shares, equity-linked securities or convertible warrants to amass funds that it can utilize in the long run. The company's board will meet September 8 to consider future fund-raising plan. Operating Within the Ambani Conglomerate Reliance Power forms part of the Reliance Anil Dhirubhai Ambani Group, which is founded majority-owned by Anil Dhirubhai Ambani. Anil is also the chairman of Reliance Power. Anil is the youngest son of Indian billionaire Mukesh Ambani, the chairman and managing director of Fortune 500 company Reliance Industrial (NSE: RELIANCE), which is also the most valuable company in India. The brothers divided their father's business empire a decade ago. While Mukesh, who was Asia's richest man until fellow Indian billionaire Gautam Adani surpassed him, continued expanding his businesses, Anil is currently having troubles with companies defaulting and being put under administration. Nikkei Asia reported that Anil even declared himself to have a personal net worth of zero. Reliance Power's affiliate, Reliance Capital, is currently on the market with an investor group including the Hinduja Group and Oaktree Capital offering 45 billion rupees for the diversified financial services company, Economic Times of India reported. Also on offer are India's fifth-largest privately owned general insurance company, a stockbroker, a stake in an asset manager and Reliance Capital's 51% share in a life insurance venture with Japan's Nippon Life, among other assets. While it is yet to be seen if the current troubles of its affiliates will spill through Reliance Power, its recent loss will definitely not boost investor confidence. Furthermore, the company's fundraising initiatives are hardly proving that it is in a very secure position in terms of capital.
NSE:RPOWER
by BlackBull_Markets
2
BTC potential Entry - Accumulation Zone As per channel, BTC USD seems to be in last leg of correction and possible buys will start between 10700-14150 range. Can be a quick liquidity grab and back to 13-14k or normal gradual accumulation pattern. Nevertheless, looking forward to see how this turns out. Levels are marked on the chart. Additionally, I have drawn a short play in previous correction just to highlight R:R and to match it with upcoming move if that happens in same direction/size or not.
Long
by tarunjain909
Gold looking like it may make new highs, The yellow metal have been very weary of present times, covid-19, news, energy prices, fuel prices, Russia/Ukraine conflict and other relative influential circumstances effecting it's trend, as well as other forex pairs, (USD a major factor), that said 1688 has held it's ground well over the previous months, I see no reason for it to break through now having held 5 times, (1700 may be the new 1400), my chart does show the possible break, but I consider it unlikely. My chart is based in most part on fractal historical behaviour, Gold I see it as not making it's highest high yet, there are more factors I based my idea on, but I also have seen the precious metal make moves that the major information bodies don't see, (or just don't let us know), like Reuters, fxstreet and kitco ect. Area's to look for bull wise: 1728, 1788, 1802, 1872 and 2K Area's to look for bear wise: 1688 and 1610
OANDA:XAUUSDLong
by JohnLiv
CSC-HARSI with Buy SEll alerts and (Name the next one)Welcome, welcome. In today's video I have some way for you all to get involved in a little bit of the development of this indicator. As you read below you'll be able to do me a favor and leave your comments the topic at the bottom where you can name the next indicator tied to the CSC-HARSI 2022. So what would you call it? Read on...... Once again we've returned to the coffee shop and I have a bit of an i-told-you-so video. Sorry this video goes on a lot longer than I thought it would but I had to bring up a few points and I got a little excited telling you guys about some of the new indications and alerts on the CSC-HARSI 2022. The next update will include indications and alerts that tell you when you have entered into a range when you have broken up out of a range when you have a range break down it will also include buy and sell indications as well as when you should exit your long trade or exit your short trade. All that being said you shouldn't use this tool as the be-all end-all for your entries and exits because you will still need to understand a little bit something about price action. While the indicator itself will work very well at telling you when to get in and out of Trades whether you're long or short the combined indicator of the mass effect moving average will help you understand when the trade you're about to enter into before a long for example is a price manipulation and at which point you don't want to get into that trade so I'm doing my best to get you that information and give you that indicator as well but it's going to be a little time before that Mass Effect moving average is complete. However on today's idea about the CSC-HARSI 2022, I wanted to drop a quick video and tell you about some of the upcoming changes so that you guys can come back and give you some ideas and comments below about anything that you're looking for or if you have any guidance on when and how things should be clearly defined in the layout. The reason I bring up these particular points is because after this particular update I will not be updating it unless I need to keep it current to Pine script coding. I simply don't want to over code this indicator was too many alerts and indications and plots and images and stuff like that this should work on this next release well enough on its own while though I do have another idea for another script which you can use along with the CSE hard see if you want and end up having both of them in the bottom of your panel if you like but that 12 is going to take at least a few weeks ago. Since it will be working as a brother to the CSC-HARSI 2022, I'd like to hear back from you guys on what I should name it.
by CoffeeshopCrypto
S&P500 price action: death cross, greed and FOMOWhat happened last week shocked a whole lot of people. After several days of a bull run, the FED waved a stick at everybody and they retreated in fear! 😱😨 So now what should we expect. We can expect (not predict) the market to move in the direction of its overall sentiment. What's that? It's bullish. The death cross says it's bullish. Everybody can see that. Hope and greed however, have ways of altering perception - even altering the appraisal of reality. Bear markets rarely burn down as smoothly as bull markets would melt up. That's simply because of our eternal hard-wired optimism for the north. So - we know that short-sellers in any market have a harder time than those going long. But choppiness on lower time frames than the daily can be well exploited with experience and training. Have a look at the vid. I welcome reasoned disagreements always because I relish being wrong. Disclaimer : This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
TVC:SPX
by Captain_Walker
3
The ONLY Bitcoin indicator to call every top and every bottom! The only Bitcoin indicator to call every macro top AND every macro bottom is the Volume Density Oscillator. But how does it work and why does it work so well? We all know the statistic that 98% of all traders lose money. There are 3 primary reasons for this. First, the average trader does not use a strategy with a statistical edge. Second, the average trader does not practice sound money management. And third, the average trader cannot control their emotions. Therefore, as individuals, the average retail trader is a consistent loser. And when a large group of individual consistent losers enter a market, they form a herd of losers that stampede through the market wrecking everything in sight as they engage in all of the classic behaviors that typical losing traders engage in. They over leverage, they buy tops and sell bottoms, they revenge trade, they double, triple, and quadruple down on their losing bets. The market becomes a chaotic environment full of noise. Fear, anxiety, depression, and anger are the dominant emotions moving the market as losing traders whipsaw the price up and down. Making a profit in this noisy chaotic trading environment is incredibly difficult if not impossible and we all know that the best way to make money is to bet against the herd because the herd is wrong. But in order to do that, we need to have a way of determining what the herd is doing. So, how are we going to do that? That's where the Volume Density Oscillator comes in. The Volume Density Oscillator ( VDO ), tracks the herd of losing traders over a macro time frame. It signals when the herd enters the market (indicating the end of a bull market) and it signals when the herd has left the market (indicating the end of a bear market and the beginning of a new bull cycle). But how does it do this? The VDO is a volume indicator but unlike other volume indicators that calculate volume as a function of time or price, the VDO calculates the average amount of volume traded per unit of range. This is a unique way of interpreting volume because we have stripped away time and price. We are only interested in whether the amount of volume traded per unit of range is rising or falling. And what the VDO shows is that THE AMOUNT OF VOLUME TRADED PER UNIT OF RANGE TRENDS UPWARD WHEN A BEAR MARKET IS ENTERED AND THE HERD IS IN CONTROL. This makes sense because when a large group of losing traders are in control of the market, they inevitably push the market lower and lower as they behave badly and accumulate losses. Although invisible when viewed with the typical price chart and volume indicator, the VDO shows us that volume is traded in tighter and tighter ranges until all of the losing traders comprising the herd have been completely REKT and can no longer participate. The last of the losing herd leaving the market is indicated by a break of the upward VDO trendline. This is our signal that the herd is gone and it is now safe to enter the market long as a new bull market can begin. On the flip side, the VDO also signals the end of a bull cycle as the herd begins to enter the market. The VDO reaches an extreme lower bound value indicating an extremely low amount of volume traded per unit of range. This is your signal to exit your long position as the herd is about to enter. They have been sitting on the sidelines watching the price moon without them. FOMO inevitably gets the best of them and they enter the market long at the very worst time. As you can clearly see, the VDO is an incredibly accurate and valuable indicator for the Bitcoin market. Avoid the herd and prosper. Thank you for viewing. For more information, please send me a message.
INDEX:BTCUSD
by Bobby_Sugars
28