Range trading: Cryptocurrencies as for 24/08/2021Calculations 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%) 47560
Long position 2
(The price today will not fall below this mark with a probability 95%) 46705
Long position 3
(The price today will not fall below this mark with a probability 99%) 45850
Short position 1
(The price today will not rise above this mark with a probability of 68%) 50903
Short position 2
(The price today will not rise above this mark with a probability of 95%) 51758
Short position 3
(The price today will not rise above this mark with a probability of 99%) 52613
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3175.37
Long position 2
(The price today will not fall below this mark with a probability 95%) 3102.16
Long position 3
(The price today will not fall below this mark with a probability 99%) 3028.94
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3459.28
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3532.49
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3605.71
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1508
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.0916
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0323
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3158
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3751
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.4344
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
Tutorial | How To Identify Potentially Strong Trend DaysI got smoked shorting the MNQ today. And it was avoidable.
The MNQ1! and the MES1! were flashing warning signs since the Sunday open to NOT fade the move. I stayed off the sell side for the opening 30 minute candle, but then got sucked in at a level. The entry was a violation of one of the Golden Rules of Range Trading - STAY AWAY from Outside Days!
In this video, I discuss how to identify Outside Days and look for Untested Prior Session POCs as signs that conditions are pointing to trending price action.
Range trading: Cryptocurrencies as for 23/08/2021Calculations 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%) 48196
Long position 2
(The price today will not fall below this mark with a probability 95%) 47395
Long position 3
(The price today will not fall below this mark with a probability 99%) 46593
Short position 1
(The price today will not rise above this mark with a probability of 68%) 51367
Short position 2
(The price today will not rise above this mark with a probability of 95%) 52168
Short position 3
(The price today will not rise above this mark with a probability of 99%) 52969
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3173.71
Long position 2
(The price today will not fall below this mark with a probability 95%) 3102.89
Long position 3
(The price today will not fall below this mark with a probability 99%) 3032.06
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3418.48
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3489.30
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3560.13
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1552
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.0942
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0332
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3216
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3826
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.4436
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 21/08/2021Calculations 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%) 47005
Long position 2
(The price today will not fall below this mark with a probability 95%) 46199
Long position 3
(The price today will not fall below this mark with a probability 99%) 45394
Short position 1
(The price today will not rise above this mark with a probability of 68%) 50935
Short position 2
(The price today will not rise above this mark with a probability of 95%) 51741
Short position 3
(The price today will not rise above this mark with a probability of 99%) 52547
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3096.80
Long position 2
(The price today will not fall below this mark with a probability 95%) 3024.26
Long position 3
(The price today will not fall below this mark with a probability 99%) 2951.72
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3427.49
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3500.03
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3572.57
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1748
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.1126
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0505
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3405
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.4026
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.4648
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
GBPNZD a long opportunity 🦐GBPNZD on the daily chart is moving in a range between a daily support and a strong monthly resistance.
The price is now pushing to break the structure at a confluence zone with a descending trendline.
According to Plancton's strategy if the market will break above and the Academy conditions will be satisfied 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.
Range trading: Cryptocurrencies as for 20/08/2021Calculations 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%) 45083
Long position 2
(The price today will not fall below this mark with a probability 95%) 44263
Long position 3
(The price today will not fall below this mark with a probability 99%) 43443
Short position 1
(The price today will not rise above this mark with a probability of 68%) 48981
Short position 2
(The price today will not rise above this mark with a probability of 95%) 49801
Short position 3
(The price today will not rise above this mark with a probability of 99%) 50621
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3044.80
Long position 2
(The price today will not fall below this mark with a probability 95%) 2977.09
Long position 3
(The price today will not fall below this mark with a probability 99%) 2909.38
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3379.51
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3447.22
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3514.93
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1285
Long position 2
(The price today will not fall below this mark with a probability 95%) 1.0653
Long position 3
(The price today will not fall below this mark with a probability 99%) 1.0022
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.3094
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.3725
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.4357
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
GBPNZD on a range break 🦐GBPNZD on the 4h chart is ranging between the monthly resistance at the 2.000 level and a daily support.
The market after a few attempts to break above is now trading close to the support.
After the break of the ascending channel, we will wait for a confirmation of the break of the structure to set according to our Academy a nice short 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.
BITCOIN AND SUPPORT/RESISTANCEBitcoin has reached a resistance point after a very strong uptrend, but we did not see strong bearish candles for short position. It is more likely that the price will hit the support line and become range. But to break this support, we must have strong candlesticks, and if it is broken, it will fall to the set goal.
ALICE MY GIRL...Looks like it broke 4 days long descending trend. Now above the trend line that was resistance and looks like it just successfully retest it. If BTC does not disagree, we have a chance to see some more in-range trading chances... channel it's stuck in is 16% wide so we can make nice scalp trades until we break that yellow resistance level...
PLUG: You must keep an eye on these Key Points!Hello traders and investors! Let’s see how PLUG is doing today!
First, despite the volatility, it is not doing anything surprising today. As we can see, in the 1h chart, PLUG is dancing around the 21 ema, between the support at $ 25.01 and the resistance at $ 28.35.
The resistance at $ 28.35 is quite important. It was a previous support level on June and July, and now it has been a resistance, following the Principle of Polarity.
Although we have a congestion in the 1h chart, in the daily chart PLUG is in a bearish momentum, as it can’t defeat the 21 ema properly. As long as it keeps between these black lines, nothing interesting will happen.
The situation is quite simple: If we lose the $ 25, then we will head to the $ 18 (if we don’t see any good reaction quickly). If we defeat the $ 28.35, it’ll be great, as we’ll defeat the 21 ema too, and the target will be the $ 36.16.
Where do you believe PLUG is heading? If you liked this analysis, follow me to keep in touch with my daily studies.
Have a good weekend.
GOLD rejected by the 1830 area 🦐GOLD on the 4h chart is ranging between the 1794 support and the 1830 level.
After a few attempts to break above the market has always been rejected by the resistance and currently is trading over the support at 1810.
According to Plancton's strategy if the price will break below and the conditions will be satisfied we can set a nice short 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
JICPT| Chewy bullish setup with target of 120! Hello everyone. I just identified a nice bullish setup of Chewy on the daily chart. Let's look at the higher timeframe first.
Weekly: Price is trying to challenge the upper boundary of the range. Once it firmly closed above $92, the target would be previous high of 120 using measured move tactics.
Daily: The uptrend channel has been respected well. The wick candle of yesterday indicated buying pressure inside the demand zone.
This is a brief multi-timeframe analysis. I don't go to lower timeframes, e.g. 60m.
Give me a like if you're with me. Thanks for your support.
SP500 ready for a new ATH 🦐 After our last analysis, SP500 reached the 4400 level as expected.
The price is now consolidating in a range above the previous highs and we can expect a fresh new high.
According to Plancton Strategy if the price will break above 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.
Tesla Hasn’t Done This in YearsOnce upon a time, Tesla was a fast-moving growth stock. But those days could be in the rearview mirror.
This chart highlights Bollinger Band Width and Historical Volatility on the electric car maker.
Notice how Band Width is under 8 percent – its tightest since February 2018.
Historical volatility has dipped back to May 2020 levels as TSLA pushed against previous highs before breaking out. Separately, TradeStation data shows that implied volatility on the company’s options is near 45 percent, about half its reading in mid-May.
Taking a longer look back, it might elicit a sense of Déjà vu because TSLA did something similar in 2013 and early 2014. That time, it broke out and rallied about 550 percent over roughly 47 weeks. This time around (starting in late 2019), the shares ran 1,100 percent over 53 weeks.
Prices proceeded to consolidate for 5-1/2 years after that initial run. While it can be frustrating, some stocks simply behave this way (especially growth stocks): They price in years of growth in a few quarters and then drift – confounding bulls and bears alike.
Given the similar price action between late 2019 and early 2021, this could be happening again in TSLA. It may suggest that TSLA’s agonizingly price range is the new normal.
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
Tutorial | Lesson 2: Signals For Trading Session Volume & VWAPWelcome to Part 2 in the Video Idea Series on using the Volume Scripts in TradingView. On this Fed Day, fun day edition, I cover a few entry signals and/or levels for using Session Volume and a VWAP indicator available in the Public Library.
It's 10 minutes and stick around to the end as I mentioned a way to learn more about futures trading, and these strategies, in a risk-free trading account.
NZDUSD Is at a Range Before Moving Down
Welcome back Traders, Investors, and Community!
Hi Traders, NZDUSD on H1 has been ranging for several hours after a Bearish move , it’s first target after move to the down side would be 0.6887
⬇️Sell now or Sell at 0.69160
⭕️SL @ 0.6945
✅TP1 @ 0.6887
✅TP2 @ 0.6873
✅TP3 @ 0.6845
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day