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Moving Averages

Potential Bear Flag in EnphaseEnphase Energy has drifted sideways for almost a year, and some traders may think a long-term downtrend is resuming. The first pattern on today’s chart is the drop after prices stalled at the December high near $140. That false breakout is a potentially bearish signal. ENPH proceeded to slide below $100. It next bounced and retraced about half the decline, which may confirm its direction has turned lower. Third, a series of lower highs since early July may be viewed as a bearish flag. The solar stock closed below the line on Friday. Has a breakdown begun? Finally, several simple moving averages (SMAs) are more or less on top of each other. That compression, which results from the long period of sideways movement, could potentially give way to another period of volatility. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NASDAQ:ENPH
by TradeStation
1
BTC 1D OUTLOOKBitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF is bullish, still above the 1D 200EMA but LTF is bearish. BTC has clearly broken its uptrend and is now in a bearish trend channel, although there has been a breakout attempt, for now it seems to be a fakeout. For me this leaves 2 scenarios; - Trigger 1 is a breakout trade where confirmation is needed to avoid another fakeout, this includes making a higher high after a new lower high and therefor confirming a new bullish structure after breaking out of the bearish channel. - Trigger 2 is more of a bearish scenario but one I believe would be better in the long run. There is a large inefficiency area between 52K-56.5K, price seeks to fill these fair value gaps and as long as that area is left unfilled it will always attract price to it, now this could be filled at anytime in BTC's lifespan but it would make the most sense to do it now rather than after price has another huge rally as the risk of a complete capitulation move down to fill this area would grow. Another reason I believe it makes the most sense is that the 1D 200 EMA is at the bullish OB+ level, in a Bullrun this level is a great point to enter longs as it provides strong support. Adding all these layers of confluence suggests this bullish OB+ area should it provide a positive reaction, would be a good area to enter longs which also would mean the altcoin market would also see a positive move as it is currently massively oversold and would bring traders to be more risk on. The halving so far has not brought the desired bullish narrative that a lot of people expected but it would never going to be a reason for Bitcoins price to suddenly move up, it's one that will gradually have an impact as the supply shock has a lasting effect on miners and institutional investors. Patience is key in this game, I believe that this quarter will remain a choppy frustrating one as BTC cools off after a year long rally and gets ready for the next leg up. Making sure that the portfolio is a strong as it can be for the next leg of the Bullrun is key and capital preservation is number 1. Trading because of boredom can be very costly. Stick to your plan as best you can to avoid any mistakes.
by ProR35
3
Bitcoin levels historic Some Bitcoin levels that have held up historically over the last few years. Will update some long / short areas in the comments. Here are some points that impact my current trading strategy Biden / Kamala admin already transferred 2b of Silk Road funds to liquid wallet Warren buffet at 270b in cash on hand/ selling 50% of Apple shares / Berkshire has dumped more shares this quarter than any other quarter in history War Iran/ Lebanon / Israel implications Previous election prices Oil prices dropping on war / not normal Sahm rule -.5% reached Recession indicator
BITSTAMP:BTCUSD
by Helios_Capital_Investment
XAUUSD GOLD ANALYSISThe ruling price of gold as of 4 August is XAUUSD $2,442.50. So here, we have discussed bullish and bearish areas along with the rationale that would arrive on a technical head to Gold. > ● Bullish Zones 1. $2,470 - $2,480 Range: - Reasons: - Technical Resistance: The upper end at $2,470 - 80 area a range that has become an area of resistance. If the price goes above this area it likely attracts more buyers to step back in. By recent economic reports showing weakness in the U.S. dollar, gold may erect a spike from an acute IMT bullish stance as it does on historical instances when BL downward turn initial reactive GL wave(s) approach its upper range - ought to create likely hidden impulse scenario component over next few sessions -- reflecting again weak greenback for push higher into extension territory... 2. $2,500 Level: - Reasons: - Psychological Resistance: The most important psychological resistance is at $2,500. This level is significant because if the price breaks through, with a strong impulse more buyers may be attracted to enter new long positions. - Fear of inflation: Inflation concerns and economic uncertainty usually create a buying interest for gold, with its perception as a safe-haven asset. > ● Bearish Zones 1. $2,430 - $2,420 Range: - Reasons: - Support Turned Resistance: This zone could potentially act as an immediate support level If broken, it would likely serve as resistance because traders who missed a chance to buy could turn sellers in order to protect their profits. - Market Correction: Recent gains may fail to overcome resistance, and a short-term pullback in this region will encourage investors looking for profit. 2. $2,400 - $2,390 Range: - Reasons: - Technical Support: This is the range that has either historical significance or technical indicators supporting a case for support on this dip if price gets to their area. > Economic Factors: While the dollar has depreciated somewhat, unexpected economic reports or geopolitical events will cause volatility and any upbeat U.S. data may bolster the greenback, exerting pressure on gold prices. > Additional Considerations - Geopolitical Events: Gold prices are influenced due to Geopolitical tensions and the Federal Reserve rate hikes etc. Keep an eye on scheduled news events that could either add to or prevent risk-off sentiment. - Technical Indicators - Oscillators & moving averages are offering a neutral to slightly positive outlook, but those signals could change rapidly with external news. In all, with further potential upside in gold prices likely to emerge, traders should be mindful of short-term corrections and vulnerable economic data.
OANDA:XAUUSD
by MUKHLISTRADINGACADEMY
First sign of KASPA ($KAS) turning bullish vs BTCKAS had fallen below the golden pocket and tested the (thick orange) 200 daily SMA, but failed on the 8Mar. It had since remained below the 78.6% Fib retrace lvl after an attempt to retest the 200 SMA again on the 22Mar. I had been slowly accumulating more KAS below the 78.6% Fib lvl and have now doubled my KAS holdings; after having stopped DCAing into KAS after it had previously pierced above 0.05USD (see the previous 5Nov2023 chart analysis tag). It remained below the 78.6% Fib lvl until 25May, where it first held support, finally, above the red 21 daily EMA ( setting a second higher low ). It subsequently retested the 78.6% Fib lvl again on the 28May and eventually bounced off the 21 EMA to successfully pierced above the 78.6% Fib lvl as the resistance line on the 2Jun. If the following daily candles continues to hold above the 78.6% Fib, the next level to look out for is the orange 200 SMA line , still lingering just below the golden pocket . If KAS is able to pierce above the 200 SMA into the golden pocket, this will set up KAS to retest the 0.5% Fib level, which if successful, it would then very likely continue to pierce above the relatively much weaker 38.2% and 23.6% Fib resistance levels for another revisit of the ATH and to hopefully set a new ATH for a blue sky breakout .
Long
by cybernetwork
NIFTY VIEW FOR 05-08-2024Such a fantastic Gapdown and the down move. nifty ranged between previous potential support zones whole day. We have seen the selling pressure & volatility in the last 45 min. Finally Nifty formed an important zone to look for Monday. That zone acts as DO or DIE for nifty. If that zone broken, there is no support upto 24500. (nearly 200 points) Also I have observed 20EMA & 200EMA crossover is about to happen in 15min timeframe. if that happens we will see nifty at 24500 for sure. There are multiple resistance zones on the chart with only 2 far away support zones. Rangebound Zone : 24701-24687 Support Zones : 24505-24522 , 24410-24425 Resistance Zones : 24775-24759, 24819-24798, 2488-24890, 24970-24980 Anything I am sharing here is for Educational Purpose only. Not a Trade Recommendation. "ACCEPTING STOPLOSS IS THE SMARTNESS" Happy Trading, Thank you.
NSE:NIFTY
by chaitu50c
FMC Corp | FMC | Long at $58.00NYSE:FMC Corp is currently trading at a P/E ratio 6x and has a 3.98% dividend. It had a very rough year in 2023, but the company estimates improved earnings and growth after 2024. From a technical analysis perspective, it appears to be in an accumulation phase after seeing a low around $50 and wavering between that value and $68 for 11 months. Unless fundamentals change post earnings, it is currently in a personal buy zone at $58.00. Target #1 - $81.00 Target #2 - $85.00 Target #3 - $90.00 Target #4 - $122.00 (very long-term...)
NYSE:FMCLong
by NicksAnalysis
USDJPY to Nearly 4-Month Lows on Shifting Policy DynamicsThe Bank of Japan followed a cautious and slow path away from the ultra-loose monetary setting after abandoning the negative rates regime and the yields curve control, in the historic decision of March. But price pressures persisted, wages increased substantially after the spring negotiation and the Yen was further devalued, forcing officials to step up their tightening efforts. They hiked rates for the second time in this cycle, to around 0.25%, while pointing to more moves ahead if the economy evolves as anticipated. Furthermore, they announced a plan to slash their bond purchases, so that they will halve by Q1 2026. After hitting 38-year highs at the start of the month, USD/JPY reversed course due to Japan’s FX interventions rising expectations for BoJ hikes and increased optimism around Fed cuts. The forceful action by the Bank of Japan along with the Fed opening the door to a September pivot this week, exacerbated the decline to the lowest levels since mid-March. The pair is now exposed to 146.47 and the shift in monetary policy dynamics can fuel further weakness. On the other hand, BoJ warned it could increase bond purchases again if needed, while market pricing for three cuts by the Fed may be stretched. Furthermore, the rate differential remains wide and the favorable carry trade could persist. The Relative Strength Index is oversold and this can drive a rebound above the 200Days EMA (blue line), but 200H4 EMA (black line) looks much harder. Focus now shifts to Friday’s US NFPs which are becoming increasing important for the policy path, as disinflation is back on track. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
by FXCM
Navigating the Waves: Elliott Wave Theory and Key IndicatorsEducational Technical Analysis on example chart of UFO Moviez India Elliott Wave Analysis and Key Moving Averages Disclaimer This study is for educational purposes only and does not constitute trading or investment advice. The analysis presented focuses on one potential scenario based on Elliott Wave Theory and other technical indicators. Trading and investing involve substantial risk, and individuals should consult a financial advisor before making any decisions. Introduction to Elliott Wave Theory Elliott Wave Theory is a form of technical analysis that traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective activities. The theory posits that stock prices move in predictable patterns or "waves" based on investor sentiment. Principles of Elliott Wave Theory 1. Wave Patterns: According to Elliott, market prices move in five waves in the direction of the main trend (impulse waves) and three waves in a correction against the main trend (corrective waves). 2. Wave Degrees: Waves are fractal in nature, meaning that smaller waves form part of larger waves, and this pattern repeats on all time frames. 3. Wave Characteristics: - Wave 1: Usually the smallest impulse wave. - Wave 2: Corrects Wave 1 but does not exceed its starting point. - Wave 3: Typically the strongest and longest wave. - Wave 4: Corrective wave that is usually less severe. - Wave 5: Final leg in the direction of the main trend. Current Analysis of example chart of UFO Moviez India Based on the chart and Elliott Wave Theory, UFO Moviez India is currently suggesting an impulsive and momentum-driven 3rd of the 3rd wave ahead, with an invalidation level at 106. Key Observations: 1. Wave Count: - Wave (1): An initial 5-wave impulse has completed. - Wave (2): A corrective ABC pattern. - Wave (3): Currently unfolding with sub-waves i, ii, iii, iv, and v marked. - Wave 3: In the larger context is forming. 2. Breakout: - There is a breakout above the downward trendline with good volumes, indicating strong bullish momentum. 3. Key Moving Averages: - Price Trading Above: - 50 EMA, 100 EMA, and 200 EMA - 50 WEMA, 100 WEMA, and 200 WEMA - Crossed above 20 MMA Technical Indicators and Levels - Price: 148.54 INR (as of the latest close) - Support Levels: - Nearest Invalidation Level: 106 INR - Major Support: 57.20 INR - Resistance Levels: - Immediate Target: 175.58 INR (Wave 1 of larger degree) - Fibonacci Extension Target: 220.51 INR (1.618 extension of Wave 1) Conclusion The Elliott Wave analysis of example chart of UFO Moviez India indicates a potentially strong bullish trend as the stock is in the 3rd wave of a larger impulse. The breakout above the trendline with significant volume further supports this bullish outlook. However, it is crucial to monitor the invalidation level at 106 INR, as a break below this level could invalidate the current wave count and suggest a different scenario. Educational Purpose Notice This analysis is provided for educational purposes only. It is not an investment or trading advice or tip. Trading and investing in financial markets involve risk, and it is important to do thorough research and consult with a financial advisor before making any investment decisions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:UFOEducation
by RK_Chaarts
2