Range trading: Cryptocurrencies as for 09/11/2021Calculations 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%) 65752
Long position 2
(The price today will not fall below this mark with a probability 95%) 64464
Long position 3
(The price today will not fall below this mark with a probability 99%) 63376
Short position 1
(The price today will not rise above this mark with a probability of 68%) 69965
Short position 2
(The price today will not rise above this mark with a probability of 95%) 71153
Short position 3
(The price today will not rise above this mark with a probability of 99%) 72340
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 4638.08
Long position 2
(The price today will not fall below this mark with a probability 95%) 4551.59
Long position 3
(The price today will not fall below this mark with a probability 99%) 4465.10
Short position 1
(The price today will not rise above this mark with a probability of 68%) 4985.60
Short position 2
(The price today will not rise above this mark with a probability of 95%) 5072.09
Short position 3
(The price today will not rise above this mark with a probability of 99%) 5158.58
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2166
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1827
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1487
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3292
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3631
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3970
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
Rangetrading
Range trading: Forex as for 09/11/2021
Calculations 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.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1548
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1519
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1489
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1635
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1665
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1694
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3490
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3449
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3409
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3640
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3681
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3721
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 112.65
Long position 2
(The price today will not fall below this mark with a probability 95%) 112.53
Long position 3
(The price today will not fall below this mark with a probability 99%) 112.41
Short position 1
(The price today will not rise above this mark with a probability of 68%) 113.37
Short position 2
(The price today will not rise above this mark with a probability of 95%) 113.49
Short position 3
(The price today will not rise above this mark with a probability of 99%) 113.61
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
Range trading: Cryptocurrencies as for 08/11/2021
Calculations 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%) 62911
Long position 2
(The price today will not fall below this mark with a probability 95%) 61814
Long position 3
(The price today will not fall below this mark with a probability 99%) 60716
Short position 1
(The price today will not rise above this mark with a probability of 68%) 66056
Short position 2
(The price today will not rise above this mark with a probability of 95%) 67153
Short position 3
(The price today will not rise above this mark with a probability of 99%) 68250
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 4528.26
Long position 2
(The price today will not fall below this mark with a probability 95%) 4443.97
Long position 3
(The price today will not fall below this mark with a probability 99%) 4359.69
Short position 1
(The price today will not rise above this mark with a probability of 68%) 4827.89
Short position 2
(The price today will not rise above this mark with a probability of 95%) 4912.18
Short position 3
(The price today will not rise above this mark with a probability of 99%) 4996.46
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.2027
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1699
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1370
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2944
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3273
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3602
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
Range trading: Forex as for 08/11/2021
Calculations 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.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1511
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1481
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.1451
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1612
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1642
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1672
GBPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.3406
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.3366
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.3325
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3560
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3600
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3641
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 113.04
Long position 2
(The price today will not fall below this mark with a probability 95%) 112.90
Long position 3
(The price today will not fall below this mark with a probability 99%) 112.76
Short position 1
(The price today will not rise above this mark with a probability of 68%) 113.95
Short position 2
(The price today will not rise above this mark with a probability of 95%) 114.08
Short position 3
(The price today will not rise above this mark with a probability of 99%) 114.22
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
Range trading: Cryptocurrencies as for 07/11/2021
Calculations 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%) 59657
Long position 2
(The price today will not fall below this mark with a probability 95%) 58503
Long position 3
(The price today will not fall below this mark with a probability 99%) 57350
Short position 1
(The price today will not rise above this mark with a probability of 68%) 64104
Short position 2
(The price today will not rise above this mark with a probability of 95%) 65258
Short position 3
(The price today will not rise above this mark with a probability of 99%) 66412
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 4361.49
Long position 2
(The price today will not fall below this mark with a probability 95%) 4275.83
Long position 3
(The price today will not fall below this mark with a probability 99%) 4190.17
Short position 1
(The price today will not rise above this mark with a probability of 68%) 4720.40
Short position 2
(The price today will not rise above this mark with a probability of 95%) 4806.06
Short position 3
(The price today will not rise above this mark with a probability of 99%) 4891.72
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0915
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.0560
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0206
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2148
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2503
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2857
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
SHIB/USDT : Back into range zone, Bull flag formed !BINANCE:SHIBUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#SHIB has retested the 0.618 FIB's level on logarithmic chart and now it's bounced back into range zone from the daily demand.
Also it's formed a 2H demand in HTF demand zone !
Based on current range zone, #SHIB will bounce back to the range high zone after a retest on lower support zone located at the range zone's bottom.
- Also you can wait for a breakout on bull flag that formed on 6H's time-frame :
The bullish flag has formed on the 6H's chart and flag pole is target $0.00009600 and above !
If you're not a day-trader, Then you can wait for flag breakout and enter the retest of flag...
🔴 Don't forget to manage your risks, Suggested risk for this trade is 2% or lower !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Range trading: Cryptocurrencies as for 06/11/2021Calculations 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%) 58575
Long position 2
(The price today will not fall below this mark with a probability 95%) 57419
Long position 3
(The price today will not fall below this mark with a probability 99%) 56263
Short position 1
(The price today will not rise above this mark with a probability of 68%) 63639
Short position 2
(The price today will not rise above this mark with a probability of 95%) 64795
Short position 3
(The price today will not rise above this mark with a probability of 99%) 65951
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 4298.81
Long position 2
(The price today will not fall below this mark with a probability 95%) 4211.68
Long position 3
(The price today will not fall below this mark with a probability 99%) 4124.55
Short position 1
(The price today will not rise above this mark with a probability of 68%) 4675.29
Short position 2
(The price today will not rise above this mark with a probability of 95%) 4762.42
Short position 3
(The price today will not rise above this mark with a probability of 99%) 4849.55
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1065
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.0712
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0360
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2231
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2583
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2936
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
EURCAD on a long range 🦐EURCAD on the 4h chart reached the important weekly support structure.
The price is now ranging between the 2 levels and after a long downtrend, a retracement move is expected.
According to Plancton's strategy if the price will break above the 4h resistance we can set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDUSD ranging at the top 🦐NZDUSD on the 4h chart is moving between 2 structures.
The price has tested a few times the daily support at the 0.5 Fibonacci level and according to Plancton's strategy if the market will break above and satisfy the ACADEMY conditions we will set a nice long order.
––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
INTC overreactingINTC dropped hard and it seems it could drop even lower. But the volume profile looks abnormal, I think we will se a lot of trading volume between 49$ and 45$.
The bounce point is only a suggestion, we need to watch the price movement over the next days. Long term I see the compnay back up to $53, the highest value point.
What is a RANGE?Hello Traders,
Here is the most simple & easy explanation about a Range.
In this Lesson I will Show you how to Identify & Trade a RANGE!
These patterns are seen daily in Stocks, Forex and different markets across the Globe.
I hope you will find this information educational & informative.
Your support is appreciated with a follow, like & Comment
Lets dive Right Into it!!
What Is a Range?
Range refers to the difference between the low and high pricesover a specific time period. Range defines the difference between the highest and lowest prices traded for a defined period, such as 4H, day, Week & month. The range is marked on charts, for a single trading period, as the high and low points on a candlestick or bar.
The top of the trading range often provides price resistance, while the bottom of the trading range typically offers price support.
Understanding Trading Ranges
When the Market breaks through or falls below its trading range, it usually means there is momentum (positive or negative) building. A breakout occurs when the price of the Market breaks above a trading range, while a breakdown happens when the price falls below a trading range. Typically, breakouts and breakdowns are more reliable when they are accompanied by a large volume, which suggests widespread participation by traders and investors.
Many traders look at the duration of a trading range. Large trending moves often follow extended range-bound periods. Day traders frequently use the trading range of the first half-hour of the trading session as a reference point for their intraday strategies. For example, a trader might buy a stock if it breaks above its opening trading range.
Ranges and Volatility
Since price volatility is seen as equivalent to risk, a Markets trading range is a good indicator of relative riskiness.
A conservative Trader prefers a Market with smaller price fluctuations compared to Market that are susceptible to significant gyrations. Such an trader may prefer to Trade in more stable Market rather than in more unstable Market.
Trading Range Strategies
Range-bound trading is a trading strategy that seeks to identify and capitalize on a Market trading within price channels. After finding major support and resistance levels and connecting them with horizontal trendlines, a trader can buy a at the lower trendline support (bottom of the channel) and sell it at the upper trendline resistance (top of the channel).
Support and Resistance
If the Market is in a well-established trading range, traders can buy when the price approaches its support and sell when it reaches the level of resistance. Technical indicators, such as the relative strength index (RSI), stochastic oscillator, and the commodity channel index (CCI), can be used to confirm overbought and oversold conditions when price oscillates within a trading range.
For example, a trader could enter a long position when the price is trading at support, and the RSI gives an oversold reading below 30. Alternatively, the trader may decide to open a short position when the RSI moves into overbought territory above 70. A stop-loss order should be placed just outside of the trading range to minimize risk.
Breakouts and Breakdowns
Traders can enter in the direction of a breakout or breakdown from a trading range. To confirm the move is valid, traders should use price action & Structure Break.
For instance, there should be a significant increase in volume on the initial breakout or breakdown as well as several closes outside the trading range ( Structure Break). Instead of chasing the price, traders may want to wait for a retracement / Correction before entering a trade. For example, a buy limit order could be placed just above the top of the trading range, which now acts as a support level.
Thanks for Reading this article, I hope that it was informative and educational As always, If you have any questions / Comment or Concern Please feel free to leave them below.
Thanks to @TradingView for this lovely platform to educate and grow together :)
Hope to see you in the next Educational Post!
Global Fx Education
USDCNY Likely to Rebound From the 23.6% Fibonacci The price action of the USDCNY pair has been range-trading since the 16th of July, as underpinned by the ADX indicator. Bearish pressure has been slowly accumulating over the same period, which is illustrated by the current reading of the Stochastic RSI indicator.
The price action is likely to reach a new dip at the 23.6 per cent Fibonacci retracement level, which is the closest psychologically significant support level. A bullish rebound can be expected to occur there, given the current development of a Descending Wedge pattern. The latter represents a classic trend reversal pattern.
The first major target for the renewed uptrend would be the descending trend line (in red) just above the 38.2 per cent Fibonacci.
GBPCAD Supply And Demand Analysis-Higher timeframe weekly = Price sitting low in a 2 year sideways range where buyers have taken control each time so it's reasonable to look for buying opportunities.
-Lower timeframe 4hr = Price showing evidence on 1hr and 4hr by breaking downward trend lines and removing opposing pivot point zones showing evidence of buyers taking control.
-Quality drop base rally created and currently waiting on a pullback.
AMZN Ping Pong StrategyAMZN Ping Pong
1 year range from Sept '20
AMZN Levels: major levels bolded
Jefferies price target lmao: 5300
measured move pt: 4257
(invalid as broke down from original consolidation pattern)
1.618 fib: 3800
Major Trendline Resist: 3750
Top Range: 3550
0.786 fib and trendline resist: 3360
Wedge consolidation pivot: 3317
(above is 3475, below is 3170)
local hourly SR: 3300
0.618 fib: 3275
0.50 fib and big triangle: 3250
Key Pivot: 3170
(above is 3317, below is 3000)
0.382 fib weak sup: 3150
(sell 3150p spreads when bounce from 3170 pivot, used as risk off if 3170 is broken to downside)
big psych level: 3000
Technically Bottom Range: 2950
AMZN Trading Rules:
Trade level to level if intraday trades
Trade against major levels for larger swings
Look left on hourly timeframe for recent local S/R levels or S/D zones
to confirm/update levels, respect SwingArms and AvgDailyRange local levels intraday
Never swing naked AMZN weeklies, if you want to hold overnight make it a spread
Only can swing AMZN against major levels, and go at least a week out to give yourself some time
Can use OTM options to bring down cost if scalping intraday
but be aware of opening drive, lunch time reversal, power hour,
all have different effects on option's price with the big changes in IV and theta decay
Best to use spreads to lower cost and volatility risk
Earnings makes AMZN premium more funky than usual so strategies may work differently around earnings week
I prefer to play long side by either doing a call debit spread for trend swings and OTM put credit spreads for reversals on support bounces
(choose strike by below major support for PCS and max up to major resistance for CCS)
For short side I don't typically like to swing short for a long time, so usually will only fade rejection of resistance on intraday/major levels
Will prefer a put debit spread if I really want to go swing short from major resist (rarely) over selling calls as AMZN can make some crazy moves
Take profit on credit spreads usually around 30%, 50% and 90% don't need to let it expire
Best day to collect premium on AMZN is Theta Thurs, OTM options burn heavily between Thurs and Fri + weekend typically on AMZN
Preferred Indicators:
MashumeHullTV : Trend Strength
QQEMoMoTV : Momentum
SwingArms : S/R Levels
AvgDailyRange : S/D Zones
VolumeProfile : VPA
FB POSSIBLE ACCUMULATION DISTRIBUTION, PRICE STUNNED SIDEWAYS!Hello my beauties.
It seems like FB has just entered a range. It gave us a PSY (the price hesitated strongly in preparation for a new phase) and it is probably going to fall down to support before giving us further information. It is hard to establish what will happen next as it is too early to make out whether we are in a bullish scenario or bearish, but I thought it could be a nice opportunity for those of you who like trading ranges.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
CRL | 6MH breakout | Range trade-I should have not probably bought intraday but the bias is this would break 6MH.
-Gap up open
TP: MYH resistance
Exit/Stop loss: -4%
Copper Wyckoff distribution idea!Hello my beauties.
The arrows don't reflect an accurate prediction of what the price will do, just a rough idea of the areas that I'm expecting the price to move towards.
For all the ones that have taken the trade already, good job!
Copper has just entered a phase of distribution and I want to profit from it while it's rangebound.
I will be long until the price reaches above the Buying Climax (BC).
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
EUR/USD RANGEBOUND, MEDIUM TERM LONG SETUP!Hello my beauties.
EUR/USD has been range-bound for over half a year. You can see the support and resistance in red. For those of you who like trading ranges, this is an opportunity.
I believe that after it exceeded its lower support, euro could break out of the range. On top of that, it generated an over-extended double bottom (currently retesting neckline, 0.5 fibonacci).
I will be looking into longing if I see a nice reaction from the area in green.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
GBPUSD MAY GET STUCK IN RANGE !!The GBPUSD has hit a significant resistance after a strong uptrend.
After hitting the resistance, it broke its uptrend line and then after a fall and hitting the support , it broke the downtrend line and with these moves, I expect it stuck in range between the prices of 1.38880 and 1.37300.
However, we must also have the possibility of breaking the resistance, and if this happens, we will see the ascent to a higher goal.
GRANULES - Support Trade/PyramidingThe stock has been consolidating on the monthly chart for quite some time and currently, it is trading at the support line of the range, hence it could be a good time to enter into the stock from both a trading and investment perspective
For trading, one can book profit near the upper end of the monthly range or according to personalized trading strategy or trail till stop loss trigger.
For Investment - since the stock structure still looks bullish, it could be a good idea to add more at a valued price.
This post if purely for educational purposes, please do your own analysis before trading and investing in the stock market