Oscillators
GBP/NZD - Reaching a weak resistance area , time for corectionHi guys , we are looking into GBP/NZD - it has had a very good uptrend the past few weeks, and it reached a very weak resistance area, which is giving us the indication that a correction is due.
Currently on 1H and 4H we reached high over-bought area with close to 0 support to remain at this price.
Entry: 2.19630
Target 1: 2.19100
Target 2: 2.18400
SL : 2.20200
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
AMBUSDT: Will a Bullish Reversal Happen?Yello, Paradisers! Are you ready for the next potential move on AMBUSDT?
💎AMBUSDT is looking strong after a healthy retracement and has now entered the oversold zone—an exciting development for traders.
💎Currently, the price is approaching a critical support zone and showing signs of bullish divergence, which increases the likelihood of an upside move. However, confirmation is key before jumping in. Here's what we’re watching:
💎Scenario 1: For confirmation of a bullish move, we need to see a bullish I-CHoCH (Internal Change of Character) on the lower timeframe once the price reaches the strong support zone.
💎Scenario 2: Alternatively, a breakout and candle close above the resistance trendline with proper volume will also confirm bullish momentum.
💎However, If the price breaks down and closes candle below the strong support zone, the entire bullish outlook will be invalidated. In that case, patience will be key—we’ll wait for a clearer price action setup to form before making any moves.
🎖Remember, Paradisers, trading isn’t about rushing in—it’s about disciplined, calculated decisions. Waiting for the right confirmation can save you from unnecessary losses and keep you on track for long-term success. Stay focused, stick to the plan, and trade smart!
MyCryptoParadise
iFeel the success🌴
NZDJPY BULLISH POTENTIAL Harmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Why I Think USDJPY Will Buy This Week...Technical AnalysisHey Rich Friends,
This is a technical analysis of USDJPY. I encourage you to check the news and cross-reference your own charts and indicators before taking any trades.
I think USDJPY will be buying this week, and here is what I am looking at:
- The candles have started to cross and close above the 200 EMA. When candles are above an EMA, it tends to act as an area of support and confirm a buying trend. You can and should backtest this.
- The STOCH is facing up, the fast line (blue) is above the slow line (orange) and both lines have crossed above 80%. This is a strong bullish confirmation for me.
- I have a few potential TPs and buy stops set at previous highs in case the market does continue to push up, my SL will be a previous low.
If this makes sense or you agree, let me know down below in the comments.
Peace and Profits,
Cha
Why I Think Gold Will Sell Before it BuysHey Rich Friends,
Happy New Year! This year, I will be posting more Gold Analysis videos that will be just like my Forex ones. If it is helpful, and you learn something, you can follow me here :)
After reaching an all-time high last week, I think Gold will be retesting lower levels before it continues to buy. Here is what I am looking at:
- The market hit a swing high at 2817.09 before it started to sell and create lower highs at 2806 and 2791.
- Structure was broken on the downside at 2785 triggering my first sell stop.
- The STOCH is facing down, the slow line (orange) is above the fast line (blue), and both lines have crossed below 80% and 50% making this a strong bearish confirmation for me.
- I believe that the next levels to be hit will be 2775, 2770, 2760 and potentially as low at 2746 if it closes below the 200 EMA.
Now overall, Gold is on the up and up but that doesn't mean that we cannot make money on shorts. I encourage you to check the news, cross reference your own charts and indicators and make the best decision for your account!
Peace and Profits,
Cha
Rising Wedge Break Puts January Lows on RadarHang Seng futures have broken out of the rising wedge formed since early January, leaving them vulnerable to downside.
Bulls stepped in ahead of the 50DMA earlier today, paring losses, but price action into the close could be key in determining near-term direction.
Momentum signals are mixed—RSI (14) has broken its uptrend, but MACD has yet to confirm.
A slide into the close could open the door for shorts targeting a retest of the January swing low, with the 50DMA and minor support at 19,430 found in between. A stop above Monday’s high would provide protection.
Good luck!
DS
UJ Prepping Falling Wedge Breakout To Start 2025?FX:USDJPY starts 2025 in what appears to be a Falling Wedge, but following the 50% Fibonacci Retracement based from the Low @ 148.639 to start December 2024 to the High @ 158.874 last month, Price seems to may be ready to setup for a Bullish Break of this Pattern.
To see if FX:USDJPY has truly Broken Out of the Falling Wedge, here are some signals:
1) While price travels lower in the Falling Wedge, we can see Volume picks up the lower price goes
2) The Breaking Candle following the 2nd 50% Retracement touch generates a good amount of Bullish Volume compared to the similarly sized printed Bullish Candle following the 1st 50% Retracement touch (both candles marked in yellow to compare)
3) Following this Break, we see RSI Break above the 50 mark moving into Bullish territory.
** Buy Opportunities will come if Price successfully retest the Break of the Falling Resistance and finds Support.
-- Beware of a False Break if Price decides to fall back down Below the Falling Resistance too soon before a legitimate test.
USD/JPY Breaks Out Putting 2025 Highs In PlayUSD/JPY has broken out of its falling wedge, as convention would suggest. After a prolonged coil, the move could be sharp with swing highs at 156.76 and 158.88 now in focus.
Bulls could buy the breakout, placing stops below either the 50-day moving average or the January 27 low, depending on risk tolerance.
Momentum signals are mixed—RSI (14) has broken its downtrend, but MACD has yet to confirm.
With trade war risks weighing on sentiment, USD/JPY’s upside may hinge on strong US dollar momentum and rising Treasury yields—key drivers in recent weeks. Risk management remains critical in this volatile environment.
Good luck!
DS
Gold - XAUUSD Next Week Expected Price Prediction.I am sharing here, the Gold - XAUUSD Next Week Expected Price Prediction.
This H4 Order Block is very important, there will be decided for further movement.
Disclaimer:- It's not financial advice, it's just for educational purposes.
Do your analysis, before taking any trade on your real account.
The #1 Altcoin To Trade Right NowAm so exhausted from yesterday
because i was studying the financial markets for
2 hours straight!
Its not an easy journey to understand this stuff
Now look at this crypto pair KUCOIN:TELBTC
I chose this one because its backed by Bitcoin
the challenge am having with
USDT is that most of them
involve margin trading
and I don't think that's a good strategy for
crypto trading
As you can see on this chart there is
a buy limit order not market order
this will help you with risk management
trading and to keep your risk
to a low point
Based on the 200% performance in the past 3 months
this crypto might give approximately
a 50% monthly performance return
of course, am not promising this but its
just an idea that am using
if you want to learn more Rocket boost
this content
Look again at the chart you will see
a strategy called the rocket booster
strategy
This strategy has 3 steps:
The price has to be above the 50 EMA
The price has to be above the 200 EMA
The price has to gap up
What we want to is to buy
at the lowest point on support levels
before the last step happens
This is the key to the last step
Remember to rocket boost this
content to learn more.
Disclaimer: Trading is risky
please learn risk management and profit-taking strategies
before you risk your real money
also use a simulation trading account
before you trade with real money
OMNOM. Bifurcation point. Time to buy for moonshot.If we take $OMNOM time periods - distribution cycle is currently going and probable peak in fall of '25. Price has fallen more than 90% from March '24. Several big wallets have $TRUMP fomo, so there's plenty LP to form a big position without any moving. Do it before it's too late
Dow Jones index Wave Analysis – 31 January 2025
- Dow Jones reversed from strong resistance level 45000.00
- Likely to fall to support level 44235.00
Dow Jones index today reversed down from the resistance area located between the strong resistance level 45000.00 (which stopped the previous multi-month uptrend in November) and the upper daily Bollinger Band.
The downward reversal from this resistance area will most likely form the daily Bearish Engulfing – if the price closes today near the current levels.
Given the strength of the resistance level 45000.00 and the overbought daily Stochastic, Dow Jones index can be expected to fall to the next support level 44235.00.
Understanding RSI In TradingThis article takes a deep dive into the Relative Strength Index (RSI), a powerful tool for traders at any level. We’ll break down how RSI works, how to interpret it, and how to use it effectively in your trading strategies. Plus, we’ll touch on the math behind it. Whether you’re a seasoned pro or just getting started, this guide will give you the insights you need to make RSI a valuable part of your trading toolkit.
Understanding Oscillators in Trading
An oscillator is a technical indicator that moves between two extremes, usually ranging from 0 to 100. Traders use oscillators to spot overbought and oversold conditions in the market. An overbought signal suggests that excessive buying has driven prices too high and may not be sustainable, while an oversold signal indicates the opposite—excessive selling that could lead to a potential rebound. By tracking these price oscillations, traders can anticipate trend reversals and make more informed decisions.
Key Functions of Oscillators:
Momentum Analysis: Oscillators gauge the speed and strength of price movements, offering insights into an asset’s momentum.
Volatility Detection: They help identify periods of high or low volatility, enabling traders to adjust their strategies accordingly.
Trend Confirmation: When combined with other technical indicators, oscillators can validate or reveal emerging trends in the market.
Introduction to the RSI Indicator
The Relative Strength Index (RSI) is a momentum-based technical indicator used to assess the strength of recent price movements and identify overbought or oversold conditions in an asset. It helps traders spot potential trend reversals by oscillating between 0 and 100. An RSI above 70 suggests the asset may be overbought, while a reading below 30 indicates it may be oversold.
By the end of this, you'll be an RSI expert!
Interpreting RSI Readings
RSI values above 70 suggest that an asset is overbought, meaning it has likely experienced a sharp price increase and may be due for a correction. On the other hand, RSI values below 30 indicate that the asset is oversold, implying a steep price drop and the possibility of a rebound.
However, it's important to remember that RSI isn't foolproof and can occasionally give false signals. To increase accuracy, it's best to use RSI in combination with other technical indicators and fundamental analysis.
Overbought: An RSI reading above 70 signals that the asset may be overbought and due for a correction. This could present a potential selling opportunity, but traders should be cautious, as false signals can occur.
Oversold: An RSI reading below 30 indicates that the asset may be oversold and due for a rebound. This can signal a potential buying opportunity, but again, traders should be cautious of possible false signals.
Divergence: Divergence happens when the RSI moves in the opposite direction of the price. For instance, if the price makes new highs while the RSI forms lower highs, this could point to a potential trend reversal.
Support and Resistance: The RSI can also help identify support and resistance levels. If the RSI consistently bounces off the 30 level, it may indicate a support level. Conversely, if the RSI repeatedly fails to break through the 70 level, this could signal a resistance level.
RSI and Divergence
Divergence happens when the RSI moves in the opposite direction of the asset's price, often signaling a potential trend reversal. For example, if the price is hitting new highs but the RSI forms lower highs, it could indicate a bearish divergence, suggesting a possible sell signal.
A common example of bearish divergence is when the price of an asset makes higher highs, but the RSI forms lower highs. This suggests weakening buying momentum, even as the price continues to rise. It can be a sign that the uptrend may be losing steam, with a reversal to the downside potentially on the horizon.
On the other hand, bullish divergence occurs when the price is making lower lows, but the RSI is making higher lows. This indicates that selling pressure is subsiding, and the asset may be primed for a rebound to the upside. Traders can use this pattern to time their entries for long positions.
RSI divergence can help traders identify overbought or oversold conditions, enabling them to make more effective decisions about entry and exit points. However, divergence should always be used alongside other technical and fundamental analysis for confirmation before acting on the signal.
Calculating the RSI Indicator
Calculating the RSI is straightforward once you break it down. The goal is to determine the average gains and losses over a set period, typically 14 days. This helps assess the strength of price movements and identify overbought or oversold conditions. While the math may sound complex, understanding the formula is key to using the tool effectively.
The RSI formula is:
RSI = 100 - (100 / (1 + (Average Gains / Average Losses)))
This calculation provides valuable insights into the relative strength of an asset’s price movements.
Factors Affecting the RSI Calculation
The RSI calculation can be influenced by several factors, with the length of the time period being the most significant. A shorter period (e.g., 5 days) results in a more volatile RSI that responds quickly to price changes, while a longer period (e.g., 20 days) creates a smoother RSI, filtering out short-term fluctuations. The ideal time period depends on your trading style and the volatility of the market you're analyzing.
Why the RSI Indicator is Powerful
Identifies Overbought and Oversold Conditions: The RSI helps traders recognize when an asset is overbought or oversold, allowing them to time their entries and exits more effectively.
Detects Divergences: Divergences between the RSI and price can signal potential trend reversals, giving traders an early warning to adjust their positions accordingly.
Flexible and Customizable: Traders can adjust the RSI’s period to match their trading style and the specific market conditions, making it a highly versatile tool for technical analysis.
Widely Adopted and Well-Understood: The RSI is one of the most popular technical indicators, with a wealth of resources and analysis available to assist traders in interpreting its signals.
Practical Application in Real Life
Here are a few effective strategies where RSI can be combined with other technical indicators for a more comprehensive analysis:
Example 1: RSI + Support/Resistance + Moving Averages
Scenario:
You are analyzing a stock that has been in an uptrend, with the price currently approaching a key resistance level at $100. The 50-period moving average is also trending upwards, confirming the bullish trend.
The RSI is at 75, indicating an overbought condition.
As the price nears the resistance level, the RSI starts to flatten, suggesting the upward momentum might be weakening.
You wait for the price to fail to break above the $100 resistance level and the RSI to drop below 70, signaling a potential reversal. This provides a clearer sell signal, as both the price and RSI align with the idea that a correction could be coming.
Why this works:
By using both RSI and moving averages with support and resistance, you have a solid confirmation of the potential reversal, as it combines trend analysis with overbought conditions.
Example 2: RSI + SFP (Swing Failure Pattern) + Price Action
Scenario:
You’re monitoring a currency pair that recently made a new low, breaking through a previous swing low at 1.1500. However, the price quickly reverses and fails to sustain the breakdown, bouncing back above the previous low, forming an SFP.
At the same time, the RSI is below 30, but it starts to turn upward, forming a bullish divergence (higher lows on the RSI while the price makes lower lows).
This divergence and the SFP setup suggest that the selling pressure is decreasing, and a potential reversal to the upside could be imminent.
Why this works:
The Swing Failure Pattern highlights the false breakdown, and the RSI divergence confirms that momentum is shifting. This combination increases the likelihood of a successful trade when entering on the potential reversal.
Key Takeways
The RSI is an essential tool for traders looking to spot overbought or oversold conditions and potential trend reversals. By mastering how to interpret RSI readings and incorporating them into your strategies, you can improve your decision-making and potentially boost your trading results. For a more balanced approach, always use RSI alongside other technical indicators and fundamental analysis.
The 3 Step Rocket Booster Strategy With This Crypto PatternIn this video, i share with you the rocket booster
strategy
As its aligned with another candle stick pattern
-
You will clearly see what the New High
New Low means on this crypto BINANCE:HBARUSD
-
And how candle stick patterns can
help you see them
-
If you read Steve Nisons book on candle stick patterns you
will learn more about candlestick patterns
-
Also, you will see how to identify
reversal patterns
-
Because of all this
watch this video to learn more.
-
Also rocket boost this content to learn more.
-
Disclaimer: Trading is risky you will lose money whether
you like it or not
please learn risk management and
profit-taking strategies.
-
Also feel free to use a simulation
trading account
Russell 2000 and 50DMA: The Mix for Explosive MovesWith fresh data on US GDP and inflation arriving over the next two days, Russell 2000 futures look interesting as they close in on the key 50DMA.
The index is testing minor resistance at 2312.8 in thin Asian trade, with the 50DMA not far above at 2323.5. The focus on the latter comes from its tendency to spark explosive moves once the price either breaks or bounces from it.
Over this week and last, bulls have repeatedly probed the level only to be thwarted by bears, painting a picture of a stalemate that may be eventually be resolved in a similar manner. The string of doji candles since only reinforces this view.
If we see a sustained break above the 50DMA, longs could be established above it with a stop either below it or at 2312.8 for protection. 2386.6—which has acted as both support and resistance previously—is one potential target. A break above that would put a retest of record highs on the table.
Alternatively, another rejection at the 50DMA would be a strong signal that a bearish bias may be warranted.
Mixed signals are emerging from momentum indicators, with MACD pushing higher while RSI (14) sits in a minor downtrend, though it’s threatening to shift higher.
Upcoming economic data screens as important for small-cap US stocks given their cyclical characteristics and reliance on capital markets for funding.
Good luck
DS
How This 3 Step System Works In A ReversalThe power of a reversal is something
you will see inside this video
In this video you will
see the reverse pattern
combination with the rocket booster strategy
to show you how to trade Forex
Not to mention that the Fed interest rate
decision did influence the
prices of some assets in the
stock market
In this case we are looking at CAPITALCOM:GBPUSD
This video will educate you and show you
how to trade Forex using a reversal pattern
Rocket boost this content to learn more
Disclaimer: Trading is risky please learn risk
management and profit taking strategies
Also feel free to use a simulation trading account
before you trade with real money
NVDA | Distribution Pattern to $97Follow up to the rising wedge pattern
After seeing price bounce off of trendline support 4 times then to finally breakout we could see the next moves sell off towards the discount zone
To add more confluence to this setup we're looking at the difference between price and indication and it's signaling a selloff based on divergence and the medium blue signal re-entering the 80/20 channel forecast bearish momentum stepping into play
I'm eyeing targets around $97 and the possibility of seeing movement back towards major resistance ($152) to re-confirm price structure for any further selling beyond $97
Stay posted for any major updates on price action.
Mega cap earnings watchMega cap earnings get started today. Here's a comparison chart of META, TSLA, MSFT, AAPL, GOOG & AMZN. With the ticker Tracker MFI oscillator on the 1 day ext chart 3 month view. Below is the list of dates and times of their earnings release.
META 1/29 4:05pm
Consensus
EPS = 6.68
Revenue = 46.98 B
TSLA 1/29 4:05pm
Consensus
EPS = .75
Revenue = 27.61 B
MSFT 1/29 4:05pm
Consensus
EPS = 3.11
Revenue = 68.75 B
AAPL 1/30 4:30pm
Consensus
EPS = 2.36
Revenue = 124.1 B
GOOG 2/4 4:05pm
Consensus
EPS = 2.12
Revenue = 81.38 B
AMZN 2/6 4pm
Consensus
EPS = 1.52
Revenue = 187.13 B