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Momentum Indicator (MOM)

ETHEREUM/DOLLAR POTENTIAL LONGETH/USD POTENTIAL LONG 4H Chart: *the 4H timeframe chart is displaying ETH breaking out of a triangle pattern that it had been holding for 5 days or so *the momentum of the 4H candle is showing me that this break above the descending trend line and break out of the triangle is a legit momentum break *watch and make sure price holds above that trend line and wait for buyer strength of interest after a pullback into the 275 price area 1H Chart: *on this timeframe it had clearly displayed a strong buyer momementum break above the descending trendline *use this chart to gauge and make sure price holds above so its not a fakeout and look for strong buyer interest on re-test of recent significant 1H structure around 275 price area REMEMBER TO ALWAYS HAVE A TRADING PLAN WHEN APPROACHING THE MARKETS. STAY DISCPLINED WITH THE PLAN AND IMPLEMENT PROPER RISK WITH EACH TRADE SETUP. CHEERS! LETS WATCH AND MAKE SURE IT HOLDS, WATCH FOR BUYER MOMENTUM/INTEREST TO COME IN ON RE-TEST OF STRUCTURE AND BUILD A PLAN FROM THERE IF POTENTIALLY GOING LONG! PLEASE LIKE AND FOLLOW ME ON TRADINGVIEW FOR MORE POSTS! Thanks!
KRAKEN:ETHUSDLong
by JosePips
3
BTCUSD LONG POST ANALYSIS BTCUSD LONG 8/11/18 On August 11th I had made a post on analysis for a potential long opportunity on BITCOIN/DOLLAR. I had based my analysis on the momentum that was shown by the buyer on the 1H Time frame chart. The momentum showed me that the buyer was interested in this pair around the 6200 price level. Whenever you see such strong interest in a financial instrument its something to take a minute to look at. The #1 sign of a reversal is POWER. So anytime I see a very clear distinct sign of some true POWER or strength from a buyer or seller I look for what opportunity it may bring about. This pair was sitting at a recent significant structure around the 6200 level. I saw the very strong push by the buyer on the 1H chart time frame. Even though BITCOIN has been in a downtrend since December of last year, it doesn't mean there are shorter term opportunities to go long. Based on the momentum on the 1H time frame chart and the momentum of the pullback I had decided to look for a long opportunity in this pair. NOW I usually don't give this good of a tip for free but I appreciate everyone who supports me on here so here it is; WHENEVER THERE IS A SIGN OF A REVERSAL TO GO IN THE OTHER DIRECTION ALWAYS LOOK FOR A POTENTIAL FAKEOUT TO THE UPSIDE/DOWNSIDE BEFORE A REVERSAL OCCURS. As you can see with this pair there was a fakeout below that strong buyer before this pair had decided to rollover. Once this had happened BITCOIN went on the hit all 3 targets from 6580, 6700, and finally hitting 6900 level on August 22nd (my birthday;). Price was holding structure at the 6200 very well for over a week giving multiple opportunities, if taken, to get in this trade. For everybody that did then cheers! On to the next one. Cheers! Please like and follow me for further analysis!
BITFINEX:BTCUSDLong
by JosePips
ZCASH/DOLLAR SHORT POST ANALYSIS ZCASH/DOLLAR POST ANALYSIS 1D Chart: *The daily timeframe chart is in a downtrend on this pair, giving us a higher probability for a short success trade *This pair had a weak re-test into recent significant daily structure 4H Chart: *This chart had displayed price actions weak pullback into the structure point around 153.00 price *The 4H chart had been in a downtrend as well, allowing multiple timeframes to be on the same page (short) 1H Chart: *On the pullback by the buyers the seller had came in very strong when price hit the 153.00 recent significant level, this had displayed that the seller is still interested in continuing this trend *The 1H chart had given an aggressive bearish engulfing candle giving a good entry and risk/reward ratio. This also showed us there is a good probability shorting due to the fact that the seller (big boy) is still interested. Cheers!
BITFINEX:ZECUSD
by JosePips
EURCAD SHORT 1H (short term) EURCAD SHORT 4H Chart: *This chart is displaying that this pair is in overall downtrend *When retesting structure the seller showed a strong interest for this pair *Heavy seller strength came in resulting in a lower-low lower close on 4H candle (bearish engulfing 1H Chart: *This pair had come into structure on the 1H and been SLAMMED down by the seller *Stronger momentum on seller side *Look for one last re-test into structure before possible rollover Always make sure to have a trading plan and to stay discipline to it. Never risk more than 2% of trading capital and always have a good risk/reward ratio. Cheers!
Short
by JosePips
1
EURCHF POTENTIAL SHORT EURCHF POTENTIAL SHORT 1D Chart: *The daily chart is in a seller trend *Price had recently broken and breached significant structure level on daily timeframe *Price is coming to re-test the significant level 4H Chart: *This chart is displaying more of the specifics of the pullback occuring *Watch this chart to see seller interest/strength come back in on re-test (if it does) *Use this to implement a good risk/reward trading ratio Always make sure to have a trading plan and stay discipline to follow it. Never risk more than 2% of your trading capital and always make sure to implement a good risk/reward trading ratio. Cheers!
Short
by JosePips
1
EURUSD POTENTIAL SHORT EURUSD POTENTIAL SHORT 1D Chart: *On the daily time frame price had broke/breached recent significant structure around the 1.15300/1.15500 *The 1D chart is in a seller trend *Strong and healthy momentum by the sellers to the downside 4H Chart: *4H chart is in an overall downtrend *This chart will give us a good idea if price comes into significant structure, what the seller strength looks like *Wait to see strong seller interest on this timeframe in the structure area, if looking to short this pair 1H Chart: *This chart can be used, if seller shows his interest, to have precise entry based on momentum and candle. *Use this for good risk/reward setup as well as precise entry if seller shows good strength/interest still Always make sure to have a trading plan when approaching the markets. It is important to stay disciplined to your plan always and make sure to follow good risk management rules. Never risk more than 2% of capital and always have a good risk/reward to make it a more high probable setup. Cheers!
Short
by JosePips
4
AUDUSD TRADE UPDATE AUDUSD UPDATE *AUDUSD as stated previously we are looking for a potential short for this pair setup. *.73300-.73600 area is recent significant structure on the 1D chart *last week this setup had been posted for a potential short and we had been waiting for the pullback *watch how price reacts at this area of structure, we want to see a strong seller interest if we're looking to short this pair Always make sure to have a trading plan with each approach to the market. You must stay discipline with this plan every time you are looking to take opportunity in the markets. Always implement proper risk management never risking more than 2% of your trading capital, and having a good risk/reward ratio. Lets see how price reacts at structure! Cheers!
Short
by JosePips
ZCASH/DOLLAR POTENTIAL SHORT 4H/1D TIMEFRAMEZCASH POTENTIAL SHORT 1D Chart: *Zcash is in a downtrend on the daily timeframe *150-151 area is recent significant structure on the daily timeframe *price pulling back making inside return into structure 4H Chart: *price breached signicant structure and broke it around 150-151 handle *price has held beneath this structure on the 4H *sellers showing stronger momentum vs the buyers (as displayed on the chart) *watch and see how buyers react at structure around the 150-151 mark *IF we see some seller strength come in and good risk/reward it could be a good potential short setup ALWAYS make sure to have a plan when trading in any financial market. Follow the plan and be discipline with risk and make sure to IMPLEMENT these principles not just know them. Action>Talk. Never risk more than 2% of trading capital per-setup. Cheers!
BITFINEX:ZECUSDShort
by JosePips
5
Good chance to ride waves of retracement!? HUGE momentum abuse! Hey tradomancias, I bet no one out here did not see that huge sell-off on friday. Congrats to all of you who participated or is swinging this asset. We just see a huge momentum without any resistance in the way but some profit-safes that day shown by the doji of the last D1-Candle. What will happen? We don`t know, but I guess we can assume that nobody is willing to buy at this point. There is two scenarios that I could imagine: 1. We build a flag, consolidate and continue the joruney to the moon. 2. (my favourite) We see profit-safes whose movements will trigger tight placed stop-loss-levels close the the current price or the next fibonacci-retracement. We`ll probably see a domino-effect causing the market to drop down to the recent resistance-level / fibonacci-levels. Why am I saying that? As a bull and TA, it`s pretty hard to find a decent stop-loss at this point. There is no confirmed support-level close to the current price which offers good prices to place your stop-loss unless you are ready to lose a lot profit you`ve made with this crazy momentum. Either you take the risk to loose a lot of profit or you just place a random stop-loss close the current price. As a predator waiting for a good chance to follow that momentum you might wait right now. The prey is faaaaaar away and it`s way to risky to engage at this point. So you`ll probably wait until the market relaxes/consolidates or drops down to a confirmed support level that "guarantees" safity as a part of your strategie. Otherwise you just gamble... Good chance to sell? SL at ATH? Might be worth a try. My experience: The market totally overreacts with emotions and had two days to overthink all decisions it has made. I expect the market to drop and safe profits a bit until we find new bulls buying at decenbt price-levels. Or news/ fundamental information will destroy my idea! =) Cheers and good trades my friends =)
Short
by Trading2ez
15
CADJPY POTENTIAL FUTURE SHORTCADJPY POTENTIAL SHORT 1W Chart: *The weekly chart last week displayed very strong seller power resulting in a large push to the downside by sellers *The weekly had bearish engulfing candle with lower low lower close *Strong seller momentum for one week 1D Chart: *The daily chart is sitting at recent significant structure *Based on the weekly timeframe (big boy) it seems that we may see another selloff in this pair *Watch to see the buyers reaction at this level *Watch for a weak re-test of structure around handle 85.400 (show seller stronger) *Look to see how the 1D chart players react on the re-test (if there is one) as well as re-test of structure at the 85.400 handle 4H Chart: *Watch this chart to get better specifics on momentum of buyers and sellers *Use this timeframe to see how they react at structure, leading to see if this will be a good short or not! Remember to always to stay discipline with your trading plan when trading. Always make sure to implement proper risk management with every trade. Have a good risk/reward and never risk more than 2% of trading capital per trade. Cheers! Lets see what it does !
Short
by JosePips
2
AUDUSD POTENTIAL SHORT (range breakout/breach) AUDUSD POTENTIAL SHORT 1D Chart: *Aussie had been holding at the .73600-.73300 handle for weeks/months now *The daily chart shows that the pair had a strong breach/breakout to the downside of trend *Good momentum on the sellers side *Watch price to make sure they hold it beneath structure (to confirm its not fakeout) 4H Chart: *Watch this chart to watch price more closely on the re-test of structure *Make sure the re-test is weaker then the seller push, to confirm probable Aussie short *Watch the reaction of seller once price reaches this daily structure level 1H Chart: *Watch this chart to gain good specifics on price as well as get ahead of price movement *Use this chart for entry precision if you see strong seller interest at daily structure level Make sure to always stay discipline with your trading plan as well as with proper risk management. Make sure to always keep a good risk/reward as well as never risk more than 2% of trading capital per trade. Cheers!
Short
by JosePips
1
BTCUSD POTENTIAL LONG (short term opportunity) 1H BTCUSD POTENTIAL LONG 1D Chart: * price is sitting at a recent significant structure level *buyer seems to be showing slight interest already at this level 4H Chart: *Price shows large green(buyer) candle to the upside at this level of structure *Price ended with a higher high higher close on 4H candle WITH momentum 1H Chart: *Price had LARGE buyer push to the upside *Price broke a recent level of structure to the upside *Buyers are showing strong interest in Bitcoin at the price 6100 Entry: * Look to enter IF we see a weak pullback from the sellers. We want a weak pullback because in trading it comes down to probability and if the sellers came in strong it wouldn't be a clear probable setup on the buy side. *Wait for buyer to show interest again at price around the structure point 6250-6200 also the 50-61.8% fib if you trade with Fibonacci levels. Targets: 6580, 6700, 6900 Stop: 6000 price point REMEMBER this is a short term outlook. This does NOT mean that Bitcoin will for sure rise. This analysis is based on momentum, structure, and probability of the pullback(which hasn't happened yet). Make sure with every trade to stay disciplined with what you like trading and with proper risk management. Never risk more than 2% of capital. Make sure to always have a good risk/reward. Cheers!
BITFINEX:BTCUSDLong
by JosePips
1
GBPJPY POST ANALYSIS SHORT GBPJPY SHORT 1Week Chart: *Last attempt for buyers to come in\ *Lower Low lower close on 1W time frame going into this last week 1D Chart: *Breach and break of buyer trend line on the daily timeframe *Lower Low 4H Chart: *Entry based on lower close of candle *Good risk/reward Entry: 144.700 Stop Loss: 147.500 Take Profit: 140.00 Always make sure to have a trading plan. Make sure to have a good risk/reward on every setup. Never risk more than 2% of capital per-trade. If you have a good trading plan and stay disciplined to it you will have better trades. This trade is up over 200 standard pips. Cheers!
by JosePips
POST ANALYSIS EURJPY SHORTEURJPY SHORT: 1D chart: *Sellers trend with breach of structure *New low formed (characteristic of seller trend) 4H Chart: *Sellers breach the low making a new low *Re-test into recent significant structure at 129.300-129.400 *Strong V-formation on 4H chart by the seller (showing their interest) 1H chart: *Final re-test was weaker than the 100% v-formation on 4H *Lower Low Lower Close candle with strength *Good risk to reward Entry: 129.300/129.400 Take Profit: 127 handle Risk Rule: *1/4 risk reward ratio setup *Never risk more than 2% of trading capital per trade Take profit was hit trade was a success. Make sure to always do your analysis on setups and have a formulated trading plan on every single trade. Good habits lead to good trades.
by JosePips
USDCAD POTENTIAL LONGUSDCAD POTENTIAL LONG 1D Chart: *Daily timeframe chart is in a strong uptrend, if you look left to price 1.29600 you can see the interest and strength of the buyer that caused the market to rise 400 standard pips (heavy volume move) *1D candle is going to be a higher high higher close (bullish engulfing) above previous day candle 4H Chart: *4 hour chart is showing that the buyer is still interested due to the fact they spiked the market causing a 100%+ rest from the previous sellers move(s) *Momentum is way stronger on the buyer side, the buyers are displaying that they're still interested in buying this currency *100%+ rest = Aggresive V-formation 1H Chart: *1H chart is displaying the same momentum and a staggering strength on the buyer side taking out all sellers from the past couple days of seller price action *Past week of seller action taken out by few hours of buyer strength Entry: Look to enter around structure at 1.30300 handle. This is a recent level of significant structure Stop Loss: Look to keep stop loss below the strong buyer at 1.29600. If it were to break this level we wouldn't want to be looking to buy Target 1: 1.31200 Target 2: 1.31900 Target 3: 1.32800 Make sure to never risk more than 2% of account value as well as keeping a good risk/reward with all trades. Cheers!
Long
by JosePips
4
GBPJPY SHORTGBPJPY SHORT IDEA: 1W Chart: *Based on the weekly chart it clearly displays the rejection to the upside created by buyers and how the sellers had brought price back down and ended the week with a lower low lower close. *The Flow has changed from buyers trend to sellers as you can see the market started to create lower highs and lower lows which identifies it as a seller trend. The new low hasn't been created yet which is what we are anticipating to happen based on price action and momentum from the sellers. 1D Chart: *The buyers had reacted to the ascending trend line on the daily which caused price to rise before the seller taking over. This had caused to the large wick to the upside on the weekly chart. *The ascending trendline has now been broken and breached on the daily chart giving the sentimental bias now to the short side. The daily and weekly players are now on the same page which equals larger moves in the market *We also see strong momentum from the sellers, not allowing price to get too expensive before bringing it back down (showing they are ready) 4H Chart: *The 4 hour chart is showing a downtrend with momentum playing on the short side much stronger than the buy side. This shows the sellers strength and interest in selling this market *Look for re-test on this timeframe to give more precise entry for the short positions *Look for re-test of that daily ascending trendline around 145.300 handle Entry: *Look for a re-test into structure around the 145.300 handle (recent significant level) *Wait for the seller to show his interest come back into play on 4H timeframe and use a good risk/reward ratio *Don't risk more than 2% of trading capital no matter how good the setup may look Cheers!
Short
by JosePips
4
The Bears are in Control - AUDUSDAUD/USD is looking extremely Bearish atm, following the bearish ascending trendline break to the downside, we saw the 0.74 handle tested. currently bulls are in control trying to regaing the 0.76 handle however, we remain short on the initial DS break, whilst we wait for the market to pullback and retest the 0.7650 zone which is a mid-round number for a further opportunity to short the Aussie. Technically this is a superb chart, coupled with the bearish supporting fundamentals - Australia is in a rate cutting cycle meaning that the rate of return is declining for holding $AUD and at the same time the US is in a rate rising cycle - meaning that the returns are appreciating for holding USD - it's a textbook storm of political divergence coupled with a very bearish technical picture AUDUSD cademy.com]www.intelligenttradingacademy.com
Short
by UnknownUnicorn2262924
Ethereum - The Key Levels to Watch to Confirm a Market Reversal Ethereum is currently trying to regain ground and did well at consolidating support at the $400 level. A sudden plunge back down to the $380-400 zone could spell an end to this emerging bull run. Crucial downward trend resistance levels are about to be tested. A gambler would buy in now and see if it breaks through. But I'd wait to see how it deals with resistance at the $550-600 area before buying in aggressively. The jury isn't out yet on whether this is a market reversal but it's definitely safe to say that we're in for a bumpy ride!
BITFINEX:ETHUSD
by Bull_Rider
BTC 1h still has momentumDear day traders, RMI still above 50, as I have commented on previous idea, the price will only go down when the RMI shows a massive negative slope. Money Flow still confirms solid buying power. Still, the 15min chart already signaled some weakness. I would still hold on to BTC position and have a stop loss at 8090, but I don't advise against going short now. I am closely watching 8400 resistance and 8100 support level. If we see a bull break the next test levels would be the previous 8600 and then 8900. Otherwise 7800 should be our next resistance, but if we form a higher low (higher than 7800) this would look very bullish, at least on an hourly perspective. I will update as soon as I wake up tomorrow. Just my 2 cents. Hope you guys find it helpful.
COINBASE:BTCUSD
by UnknownUnicorn2547327