Oscillators
How to use swing trading indicatorThis is tutorial on "How to use swing trading indicator " developed by me. Do use and benefit from it.
OHMDAI Bullish daily candle with biggest buy volume ever? Howdy! Hope everyone is having a good weekend out there. Green hammer, huge volume (biggest green volume on the daily ever for this pair), nice bounce from support confluence. We need VOLUME and to start making higher highs/low as well as flipping resistance to support. All my ideas are laid out here for you. Let me know your thoughts and any ideas you might have! Thanks :)
Garreth
OHM Descending channel/macro outlook Hi all, hope you enjoy my analysis here. Do let me know if you prefer written or oral style updates. I certainly prefer to listen to content and find it easier as an explainer. Obviously I'm charting OHM and not gOHM here, IMO supply and demand aren't the same between the two so it's worth looking at OHM as that's what I feel most investors are looking at. My last few ideas on RSI divergences have been pretty well timed and pumped, but we lost momentum/had failed swing-high unfortunately. Feedback welcome :)
Kairi Relative Index - OscillatorKairi calculates the deviation of the current price from its SMA as a percent of the moving average.
If the percent is high and positive Sell (Overbought )
If the percent is large and negative Buy ( Oversold )
The trading strategy is similar to RSI, but the upper and lower limits will be determined based on previous results and not like RSI at a certain level ( 30 or 70)
#WISH Still moving inside the falling wedge. I am LONG!Hi All, my main 3 take-outs from this analysis are the following:
1- RSI and MACD showing bullish divergence in the daily chart
2- Price action is moving inside a falling wedge and I would expect a rebounce from these price levels today or tomorrow the latest, in order to see a recovering and a possible breakout of the falling wedge at around mid-January
3- Shrt term target is 9.40$ to close the daily gap, while my medium long term target is 15$
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#BABA Possible another 10% drp to re-test historical trendlineHi All, my main 3 take-outs from this analysis are the following:
1- RSI in the weekly chart is in oversold territory with divergence vs prices
2- Price might re-test the historical trendline at around 100$, which is a 10-13% additional drop from current levels
3- Possible support at 100$ is also a psichological support level (rund number)
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
This is EXACTLY how tops are formedTalking points
- google has seen momentum absolutely breakdown with a significant drop in price. This has not happened before; at least going back a few years
- it's appearing as though the break to new all time highs in oct was most likely a fakeout as there was no follow through
- the nasdaq has been rallying on extremely low breadth so if and when these big ones drop, market will go down with it
STRATEGY : my target is ~2500 which is about the 200d SMA which coincides with a potential demand zone so a triple magnet. This drop of ~10% can happen this week itself or latest next week
#EURUSD trying to test long term trendline looking for support!!Hi All, my main 3 take-outs from this analysis are the following:
1- EURUSD is approaching the support area of 1.11 (actually it would be between 1.10 and 1.11) which is historically relevant
2- The cross is also trying to test the descending red long term trendline, which was brocken in August 2020 with volumes
3- The RSI in the weekly chart is in oversold territory and everytime this happened in the past, the price rebounded strongly. We might be very close to this to happen
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
WISH - Possible a rebounce today. 1H chart RSI oversoldHi All, my main 3 take-outs from this analysis are the following:
1- The hourly chart shows RSI in oversold territory with high chances of a rebounce
2- Price might be retesting the resistence at arund 4.60$ in the next days
3- Still valid the possibility of an upward breakout of the descending wedge shown in the daily chart
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
The drop in Tesla was predictable & is a warning for all techHello,
Talking points
- RSI & Bollinger Band strategy to predict a snap back move down
- Tesla never drops this much in isolation, there is a strong correlation to QQQ & BTC
- A drop in general markets could be coming as early as this week
The correlation between the 3 are shown in the chart below. The green arrows show the respective weeks.
Thank you for your constructive criticism
$DJI Dow Jones heading to Waterfall - WEEKLY CHARTHi traders! It's thatsBuck @twitter.
I'm changing my prediction on a DOW jones LONG.
After more analysis of the charts I found the DOW jones to be in a tricky triangle ending point. I painted the triangle green instead of red. Let's just say that I'm predicting massive sell off by the end of December 2021. Expecting 2 year swing in favor of Bears. Updates to follow with Gannzilla take profit points? Keep an eye on the USDCHF and USDCAD to confirm the devaluation of the US dollar. USA is BROKE and asking for more stimulus to try to dodge the debt waterfall.
POW Edge Reversal is HERE 🚀🚀🚀🚀🚀🚀🚀We've been sharing ideas on this strategy for quite some time now as part of our 'forward testing' approach and log.
In this video, I run through the strategy, how it works and how it can help.
Everything we do at POW is based on 'proof it works' - this is no different and you'll see this in the data I run through for you.
Any questions about gaining access please drop me a DM on here.
This just shows how powerful Pine script is - to automate a strategy and confirm you have an edge in the market.
Removing stress, decisions, overwhelm and all of the emotional struggles trading can bring.
Let me know in the comments what you think please - be nice right 😅?
Please scroll through some of my previous ideas to see some trades in action.
Regards
Darren
Reversal Zone Indicator / bitcoin litcoinIn this video, I show my most recent indicator that I have created which spots reversal zones based on stochastic RSI indicator combined with MACD indicator.
Potential buy zones are indicated with green columns printed on the chart, and sell zones are in red. a signal is more powerful and accurate whenever its surrounded by black bars before or after.
Divergences Explained by a RaccoonThis video's purpose is to go over the fundamentals of divergences.
How to spot them and the effects they have.
I might make a video later on practical application and how to trade them; as well as how to combine them with other technical analysis tools and techniques.
And I should be doing a stream soon where we just spend an hour hunting divergences on different commodities; whether it's crytpo, stonks, or forex.
I hope this helps those trying to understand divergences.
Let me know if anything seems off or is confusing, I am more than happy to make another video to clarify anything that seems off or incomplete.
Thanks for watching.