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M-oscillator

$SPY December 5, 2024AMEX:SPY December 5, 2024 15 Minutes 60 Minutes Gaps not getting filled. Very strong uptrend. Being a moving average and Fib trader i do not have a setup for fresh entry or short. At the moment if any pull back 60o is the number to watch. It is 9 moving averages in day, and 38.2% retracement for the move 587.43 to 607.91. AMEX:SPY not even breaking 21 averages in 60 minutes since the move started from 587.43. HH HL pattern. No way to short. At the moment even if I short at 601 levels the target is only 598. So not much R:R. Need to continue the longs for 608-612 as initial target provided 601 is holding. I have no position.
AMEX:SPY
by RiderTrader
12
Ethereum - RSI Signals Bull Run Peak!ETHUSDT Technical analysis update ETH’s weekly RSI is currently at 64. In previous bull cycles, ETH’s weekly RSI has climbed above 90, marking the peak of the rally. This time, it’s likely that ETH’s RSI could again reach the 90 level during the peak of the current bull run. Historically, the RSI indicator has proven to be a reliable tool for timing exits in ETH investments. If the RSI approaches 90, it could signal that ETH is nearing an overbought zone, potentially aligning with a price target of around $10,000. A well-timed exit based on RSI can help lock in profits before any significant pullbacks.
BITSTAMP:ETHUSDLong
by HexaTrades
1
US OIL Trade Log USOIL Short Position Analysis Technical Indicators : - 1H Fair Value Gap (FVG): Current price is within the 1-hour FVG, indicating a potential short entry point. - MACD Divergence: A bearish divergence between the MACD indicator and price action suggests weakening upward momentum. - Cumulative Volume Delta (CVD) Divergence: Bearish CVD divergence indicates increasing selling pressure despite rising prices. - Ichimoku Kijun Levels: Price is above the 1H, 4H, and daily Kijun lines, placing it in a relative premium zone, which may precede a downward correction. Fundamental Factors : - Fear Premium: Recent price increases are attributed to geopolitical tensions, such as conflicts in the Middle East, leading to a 'fear premium' in oil prices. - Bearish Macro Outlook: Rising U.S. oil inventories and weak global demand projections, especially from China, suggest a bearish outlook for oil prices. Trade Parameters : - Position: Short USOIL - Entry: Within the 1H FVG at current market price. - Risk Management: - Risk per Trade: 1% of trading capital - Risk-Reward Ratio (RRR): 1:2
OANDA:WTICOUSDShort
by Fondera
3
GER 40 Trade LogGER40 Short Position (Discretionary) Rationale : - Overextension: The GER40 index appears significantly overextended without substantial fundamental support. - Rising German Bond Yields: An increase in German government bond yields suggests a shift towards higher borrowing costs, potentially impacting equity valuations. - MACD Divergence: A notable divergence between the MACD indicator and price action indicates a weakening bullish momentum, often preceding a trend reversal. - CVD Divergence: Divergence in the Cumulative Volume Delta points to a disparity between buying and selling pressures, signaling a potential downturn. Trade Details : - Position: Short GER40 via market order - Risk Management: - Risk per Trade: 1% of trading capital - Risk-Reward Ratio (RRR): 1:2 Note: This trade is discretionary and anticipates a sharp correction at market open. Despite the lack of a formal signal, the confluence of technical indicators and macroeconomic factors supports this decision.
PEPPERSTONE:GER40Short
by Fondera
AUDUSD Wave Analysis 3 December 2024 - AUDUSD reversed from strong support level 0.6450 - Likely to rise to resistance level 0.6530 AUDUSD currency pair recently reversed up from the strong support level 0.6450, which has been reversing the price from the start of August, as can be seen below. The support level 0.6450 was further strengthened by the nearby lower daily and the weekly Bollinger Bands. Given the bullish divergence on the daily Stochastic indicator, AUDUSD currency pair can be expected to rise to the next resistance level 0.6530 (former minor resistance from November).
Long
by FxProGlobal
GBP/AUD: Downside Bias Intensifies Amid Completion of Head and STechnical Analysis The GBP/AUD pair currently exhibits a downside bias, underpinned by the confirmed head and shoulders pattern. If buyers fail to overcome resistance at 1.95451, further declines towards the outlined support levels are likely. Key Events to Watch While Tuesday does not feature any major scheduled events specifically impacting GBP/AUD, market participants are closely monitoring Wednesday's release of Australia's economic growth data and the United Kingdom's Purchasing Managers' Index (PMI) figures. These data points could significantly affect volatility in the pair, particularly if the results diverge substantially from consensus expectations. Read the full article on our website: erranteacademy.com
Short
by Errante
CFX is readyAfter an 80% correction from $0.55 this year, CFX seems to have found its lowest price of the year at $0.125. With Bitcoin's positive price movement, CFX looks to provide positive price movement. The signs are that the price action crossed the 21 SMA (weekly chart), and the RSI reversed and crossed the 50 boundaries. CFX's target is to make a higher high after $0.55. But before that, CFX must be able to cross the $0.23 price because there is a potential supply in that area.
by tomgre
2
NZDJPY Wave Analysis 2 December 2024 - NZDJPY broke support zone - Likely to fall to support level 86.75 NZDJPY currency pair recently broke the support zone located between the support level 89.00 and the 38.2% Fibonacci correction of the upward price move from the start of August. The breakout of this support zone accelerated the active c-wave of the ABC correction 2 from the start of November. Given the strongly bullish yen sentiment seen today, NZDJPY currency pair can be expected to fall to the next support level 86.75 (former support from September and the target price for the completion of the active ABC correction 2).
Short
by FxProGlobal
EURGBP Wave Analysis 2 December 2024 - EURGBP reversed from support zone - Likely to rise to resistance level 0.8325 EURGBP currency pair today reversed up from the support zone located between the strong support level 0.8265 (which has been revering the pair from the start of November) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier impulse waves iii and (iii) –which belong to the downward impulse sequence 1 from August. Given the strength of the support level 0.8265 and the triple bullish divergence on the daily Stochastic indicator, EURGBP currency pair can be expected to rise to the next resistance level 0.8325.
Long
by FxProGlobal
EURUSD H1 02/12/2024 - SELL below 1.04850 OR BUY above 1.05750Overview of EUR/USD Price Action The EUR/USD pair is trading in a consolidation zone between 1.04950 (support) and 1.05250 (resistance), as seen on the H1 chart. Momentum indicators like the RSI (currently around 30-40 on H1) and Stochastic Oscillator suggest that the pair is oversold but lacks a clear directional trend. The MACD shows bearish momentum weakening, indicating potential for a reversal if resistance is broken, while the Average True Range (ATR) indicates low volatility. This creates the perfect scenario for breakout trades in both directions, depending on whether the market breaches the consolidation zone. Buy Stop Setup: Bullish Breakout Case Resistance Level at 1.05250: This zone has acted as a ceiling for the pair during the consolidation phase. A break above this level signals renewed buying pressure. Entry Level: Placing the Buy Stop at 1.05300, slightly above the resistance, ensures confirmation of a bullish breakout. Take-Profit Target: The next key level is around 1.05750, derived from: The previous monthly high at 1.05790. Fibonacci 61.8% retracement of the previous bearish leg. Stop-Loss: Setting it at 1.05100, just below the breakout point, protects against false breakouts. Rationale for a Buy Trade: A breach above 1.05250 will invalidate the current bearish trend on H1 and confirm short-term bullish momentum. This move aligns with possible USD weakness in the upcoming sessions due to softening fundamentals (e.g., dovish Fed sentiment or weaker US data, if relevant). Sell Stop Setup: Bearish Breakout Case Support Level at 1.04950: This level has provided solid support for the pair recently. A breakdown below this level signals bearish continuation. Entry Level: Placing the Sell Stop at 1.04850, slightly below support, ensures entry only after confirmation of bearish pressure. Take-Profit Target: The next target is around 1.04450, derived from: Fibonacci 161.8% extension of the recent correction. Psychological round number support at 1.04500. Stop-Loss: Setting it at 1.05050, just above the breakout level, limits risk exposure from potential pullbacks. Rationale for a Sell Trade: A breakdown below 1.04950 signals bearish continuation, possibly targeting the lows seen earlier in November. This move aligns with recent USD strength and market sentiment favoring safe-haven currencies. Technical Indicators Supporting the Setup RSI: On both M30 and H1 timeframes, the RSI hovers near oversold levels, showing a lack of momentum but creating potential for a breakout in either direction. Stochastic Oscillator: Shows the market is at extremes, either overbought or oversold, adding further credence to the possibility of a directional move. MACD Divergence: The MACD histogram on H1 is attempting to flatten, suggesting the bearish momentum is waning and that price could either consolidate further or reverse to the upside. Ichimoku Cloud: The H1 chart shows price is trading below the cloud, indicating a bearish bias. However, price action is close to breaking out, supporting both trade scenarios. Market Sentiment & Fundamental Factors Dollar Index (DXY): A closely watched driver of EUR/USD, the DXY has been showing signs of indecision in recent sessions. Any weakening of the dollar could trigger the bullish breakout, while dollar strength supports the bearish case.
by napoleon182
ATOMUSDT Long Setup Setting / Quick 15Min LongBINANCE:ATOMUSDT COINBASE:ATOMUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 8.723 8.811 8.913 9.029 🔴SL: 8.358 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
1
DOGSUSDT Long Setup Setting / Quick 15Min Long BINANCE:DOGSUSDT CRYPTOCOM:DOGSUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.000772 0.000784 0.000793 0.000804 🔴SL: 0.000714 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
USOIL (WTI)Today's trade setup is informed by a top-down approach, with a focus on the interplay between USD strength and commodity markets, particularly crude oil. During the Asian session, the U.S. Dollar displayed significant strength, which often exerts downward pressure on oil prices due to their inverse correlation. This relationship is rooted in the causality loop between the Dollar Index (DXY), global demand for commodities, and their pricing mechanisms. A stronger dollar typically makes crude oil more expensive for international buyers, reducing demand and weighing on prices. The magnitude of dollar strength in today's Asian session reinforces the likelihood of subdued demand, aligning with our thesis for shorting oil. On the technical side, crude oil futures have approached a key resistance level, which coincides with declining momentum on shorter timeframes confirming our bearish outlook. Furthermore, the overall risk sentiment in the market remains fragile, supporting safe-haven flows into the dollar and away from risk assets like crude oil. Given these factors, a short position in oil aligns with both the fundamental and technical backdrop. Trade risk is carefully managed, with stop-loss placement above the resistance level and targets positioned to capitalize on potential declines toward the next key support area. This trade will be actively monitored for any signs of reversal, particularly in the European and U.S. sessions, as shifts in USD dynamics or geopolitical news could alter the setup.
TVC:USOILShort
by Beclinks_Capital
Why Is Ethereum Going Up? Technical and Fundamental Price AnalysEthereum, the second-largest cryptocurrency by market capitalization, has seen a significant surge in recent weeks, outperforming Bitcoin and other major cryptocurrencies. This article delves into the technical and fundamental factors driving Ethereum's upward momentum. Technical Analysis: Bullish Signals Ethereum's price chart is currently painting a bullish picture, with several technical indicators pointing to continued upward movement: 1. Rising Momentum: The Relative Strength Index (RSI) is above 50, indicating bullish momentum. A sustained increase in RSI suggests that buying pressure is outweighs selling pressure. 2. Breaking Resistance Levels: Ethereum has successfully broken through several key resistance levels, demonstrating strong buying interest from investors. 3. Bullish Candlestick Patterns: The formation of bullish candlestick patterns like the bullish engulfing pattern and the hammer pattern signals potential upward price movement. 4. Increasing Trading Volume: Higher trading volume often accompanies price increases, indicating increased market interest and participation. Fundamental Analysis: Positive Catalysts In addition to technical factors, several fundamental factors are contributing to Ethereum's price surge: 1. Network Upgrades and Scalability: Ethereum's ongoing network upgrades, such as the Shanghai upgrade, are aimed at improving scalability, reducing transaction fees, and enhancing the overall user experience. These upgrades can attract more developers and users to the Ethereum ecosystem, driving demand for ETH. 2. Growing DeFi Ecosystem: Ethereum remains the dominant platform for decentralized finance (DeFi) applications. The rapid growth of DeFi protocols and the increasing adoption of decentralized applications (dApps) on the Ethereum network can boost demand for ETH. 3. Institutional Adoption: Institutional investors and corporations are increasingly recognizing the potential of blockchain technology and cryptocurrencies. As more institutions allocate capital to Ethereum, it can further fuel price appreciation. 4. Positive Regulatory Sentiment: While regulatory uncertainty remains a concern for the cryptocurrency industry, positive regulatory developments can have a significant impact on market sentiment and price. For instance, the departure of SEC Chair Gary Gensler, who has been critical of the cryptocurrency industry, could lead to a more favorable regulatory environment for Ethereum. 5. Bitcoin's Relative Weakness: Bitcoin's recent price decline and lower volatility have shifted investor attention to Ethereum. As Ethereum's dominance in the derivatives market increases, it can attract more capital and drive price appreciation. Conclusion Ethereum's recent price surge can be attributed to a combination of technical and fundamental factors. The strong bullish signals on the technical charts, coupled with positive developments in the Ethereum ecosystem, indicate that the upward momentum may continue in the short to medium term. However, it's important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Investors should conduct thorough research and consider consulting with financial advisors before making investment decisions. Disclaimer: This article is for informational purposes only and should not be construed as financial1 advice. Investing in cryptocurrencies2 involves significant risk, and it's essential to do your own research before making any investment decisions.
COINBASE:ETHUSDLong
by bryandowningqln
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT CRYPTO:IOTAUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.2189 (Close it if you don't want to lose any) 0.2282 🔴SL: 0.2030 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
Easyjet ready to fly?Easyjet records better financial statements, looking at the report is possible to read that LSE:EZJ flew about 5% increase in seats when compared with last year. The revenue increased by 14% this mainly because of the increase of 8% in capacity. Looking over the financial indicator it's noticeable an increase in revenue and the difference compared to 13 week moving average. The price breakout for the second time above the top of ascending triangle following for a cross over the 200ema. The yellow resistance is the strongest one that still needs to be broken. ADX is already above DMI- and being at 19,49 can show some strength confirming the DMI+. EFI barely dropped below zero when the price failed to cross the EMA changing direction above zero rapidly.
LSE:EZJLong
by AFCapital21
EURUSD H1 28/11/2024 - SELL below 1.0510 OR BUY above 1.0560Key Levels from M30 and H1 Support Levels: 1.0520–1.0510 Zone: Currently holding as local support (aligned with Fibonacci 100% and Ichimoku baseline on H1). 1.0500: Psychological support level, aligns with the Fibonacci 161.8% extension. Resistance Levels: 1.0553–1.0560 Zone: A consolidation resistance zone marked by Fibonacci 38.2% and near-term highs. 1.0580: Fibonacci 61.8% retracement level, strong resistance on the D1 chart. Trendlines: H1 chart shows a downward-sloping trendline from recent highs, indicating potential bearish pressure unless broken. Momentum Indicators: RSI (H1): Around 52, neutral but tilting bearish. Stochastic (H1): Bullish crossover from oversold on M30, but H1 is still near neutral (around 34). MACD (H1): Showing mild bearish divergence but flattening. Volatility (ATR): ATR (H1): 11 pips, suggesting moderate price movement potential. Scenario A: Bearish Breakdown Trade Rationale: If the price breaks below the 1.0520–1.0510 support zone, it could test lower levels like 1.0500 or 1.0450. Setup Details: Entry Price: 1.0510 (below Ichimoku support and 100% Fibonacci level). Stop-Loss: 1.0535 (above the downward-sloping trendline and consolidation resistance). Take-Profit Levels: TP1: 1.0500 (psychological level). TP2: 1.0475 (previous lows, close to Fibonacci 261.8%). Risk/Reward Ratio: ~1:2. Scenario B: Bullish Reversal Trade Rationale: If the price breaks above the 1.0553–1.0560 resistance zone, it could retest higher levels like 1.0580 or higher. Setup Details: Entry Price: 1.0560 (above consolidation and Fibonacci 38.2%). Stop-Loss: 1.0530 (below the breakout zone). Take-Profit Levels: TP1: 1.0580 (Fibonacci 61.8%). TP2: 1.0596 (next significant high). Risk/Reward Ratio: ~1:2.
Short
by napoleon182