Range trading: Cryptocurrencies as for 18/02/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 39002
Long position 2
(The price today will not fall below this mark with a probability 95%) 37958
Long position 3
(The price today will not fall below this mark with a probability 99%) 36915
Short position 1
(The price today will not rise above this mark with a probability of 68%) 42302
Short position 2
(The price today will not rise above this mark with a probability of 95%) 43345
Short position 3
(The price today will not rise above this mark with a probability of 99%) 44389
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 2734
Long position 2
(The price today will not fall below this mark with a probability 95%) 2661
Long position 3
(The price today will not fall below this mark with a probability 99%) 2589
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3054
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3126
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3198
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.7304
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.6940
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.6576
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.8247
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.8611
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.8975
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
Rangeresistance
Range trading: Cryptocurrencies as for 21/01/2021Here we publish signals of the indicator called “ Ranger ”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 32295
Long position 2
(The price today will not fall below this mark with a probability 95%) 30645
Long position 3
(The price today will not fall below this mark with a probability 99%) 28995
Short position 1
(The price today will not rise above this mark with a probability of 68%) 37279
Short position 2
(The price today will not rise above this mark with a probability of 95%) 38292
Short position 3
(The price today will not rise above this mark with a probability of 99%) 40579
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1245.59
Long position 2
(The price today will not fall below this mark with a probability 95%) 1180.45
Long position 3
(The price today will not fall below this mark with a probability 99%) 1115.30
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1424.41
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1489.55
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1554.70
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 00.2665
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2414
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2163
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3296
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3547
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3798
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
AUDUSD | Key Level | Pivot Point | Range ResistanceToday's analysis – AUDUSD – Trading at a key level as range resistance and dynamic support converge.
Points to consider:
- Pivot Point (key level)
- 21 EMA (dynamic support)
- Oscillators above 50
AUSUSD trading at a pivotal point in the chart, re-testing range resistance. A breakthrough failure will validate a short with range median as the immediate target. Body candle closes above range resistance validates a long trade to structural resistance.
Price action respecting the 21 EMA has allowed it to act as a visual guide. Further price development as it breaks in either direction will allow the MA to act as dynamic support/resistance assisting in trade management.
Both, RSI and Stochastics are ranging above 50, a sign of strength and momentum in the immediate market.
Overall, in my opinion, further price development will allow for directional bias, validate a trade in either direction.
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
NZDUSD Short |Bearish Divergence|Liquidity Grab|Range ResistanceEvening Traders,
Today’s Analysis – NZDUSD- trading at key range resistance with bearish price action.
Points to consider,
- Macro trend bearish
- Range resistance (Pivot)
- Range Midpoint (immediate target)
- Oscillators diverging
- Volume below average
NZDUSD’s macro trend is bearish with consecutive lower highs, this projection give us a bearish bias on the market. Price is at a key pivot point – range resistance- candle closes above this level will negate the short.
The Range midpoint is the objective, price breaking through this level will increase the probability of testing range support.
The Oscillators both are diverging from price, putting in lower highs; this is an indication of weakness in the market.
Volume is trading below average, an influx is highly likely as we are at key structure anticipating a probable influx due to the double bearish divergence playing out.
Overall, in my opinion, NZDUSD is a valid short with defined risk above structural resistance, immediate target being the range midpoint and beyond. Any moves are to be backed with increasing volume to avoid false breaks.
What are your thoughts?
Thank you for following my work!
And remember,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.” ― Yvan Byeajee