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Rangingmarket

Trading a Ranging MarketBAND has broken its previous consolidation range only to enter another range. Let’s take a look at how you can take advantage of a ranging market! BAND Price Action BAND was one of the best performing cryptocurrencies in the first half of 2020. However, after its crash in September, the cryptocurrency has yet to regain its strong momentum. The token has ranged between $5 and $7.5 for almost four months. On January 6th, it finally broke this range, only to enter another one, this time between $7.5 and $11.5. Let’s now take a look at a strategy you can use to take advantage of this. Ranging Market Strategy You can use Williams %R on the 4h chart to find oversold zones and then use the MACD on the 1h chart to enter when the reversal is taking place. In short, the strategy works like this: when the Williams %R shows overbought on the 4h chart, take the next MACD buy signal on the 1h chart. As displayed in the chart above, this strategy can identify some great reversals. When it does identify reversals, the strategy can make significant gains. On the other hand, you may also get some “fake signals” that are too early and bring about large losses. Therefore, it is probably best to go with a tight stop loss to minimize losses, and a wide profit target and trailing stop loss to take full advantage of reversals. Disclaimer: This is just one example of a strategy that you can use to trade a ranging market, and is not a recommendation. Using this strategy in a bearish market will probably lead to more losses than gains. Suppose you want to use it in a bullish market instead. In that case, you can add the MESA or any other trend-following indicator on the daily chart, to make sure you only take trades in the direction of the trend.
Long
by cryptohopper
NZDUSD on a ranging phase 🦐NZDUSD on the 4 chart is ranging between 2 structures. The price after the last impulse until 0.70880 could not create new highs and reached the 0.5 fib level. In a ranging phase we will wait for the break above or below the structure. IF the price will manage to break above we will set a nice long order while if the price will breaks below for a deeper retracemnent we will set a short order according to Plancton's strategy. ––––– 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.
by InkyGrip
7
USDJPY-Weekly Market Analysis-Dec20,Wk2USDJPY has moved from symmetrical triangle(link at bottom) to sideway bounce setup. The two ends of it, resistance level at 104.69 and support level at 103.72 will be the area of my interest to engage trading opportunity within the box. The major restrain comes in at 104.20 which happen to be the midpoint of the 2 levels. The RSI overbought(shorting opportunity) and oversold(buying opportunity) will be an important filter for the trading opportunity.
by RaynLim
2
GBP AUD - 300 pip rangeOverall the monthly we can see a buy, which we are currently in. On the daily - we have our blue supply zone and our purple zone is our fresh support. The price is currently in a buy - despite a sell off this morning. We have an opportunity to continue longs here. Just be patient as price is forming a zone at 1.1812 which is 0.382% - again confirmation of rejection is needed. GBP AUD has a strong tendency to retrace to the desired zone to wick orders. Many thanks, Team Lupa. If you enjoy our content please leave a like and comment.
by LupaCapital
GU Analysis *EXPLOSIVE WEEK AHEAD*Price has been ranging between 1.31000-1.27000 since the beginning of September, price could be headed towards 1.27000 in the next few days. There is a lot of important news this upcoming week for both GBP and USD, and most importantly the US election is in 2 DAYS . I charted the FIB on the daily timeframe, and what I think will happen is the market will open up and head down to the 0% line on the fib before a long opportunity presents itself. ALSO GBP could take a toll for the next month being that there is a nationwide shutdown starting NOVEMBER 5th until DECEMBER 2nd because of COVID 19 . There should be an explosive week this week for GU ! Definitely would keep an eye on the news this week if you are trading GU this week.
by lobfxempire
Possible outcomes for EURUSD (LONG & SHORT)Hey all, hope you're all had an amazing week and caught those pips. Here's a little breakdown of my analysis for EURUSD Price is currently caught in a range were price has previous consolidated - remember always look left to predict what can happen right! With this I will be waiting for price to break this range before entering on a trade. If price closes above 1.18500 then I will looking for trades with a long bias. If price closes below the marked structure of 1.17974, then I will have a short bias to the marked structure of 1.17051. I do have a long bias, mainly because of the double bottom that was made, 8hrs before the market close. We're also still in an uptrend so we will not be trading against the market. Remember guys this is my own analysis, and I strongly recommend you carry out your own before entering any trade. Let me know your guys thoughts!
by danieljamesfx
AFTER LOCKDOWN IMPULSE SHOPIFY IS RANGING - SHOPIFY - DAILYThe price has clearly moved up from February this year. There is a strong correlation between the pandemic global issue and the increase in price. 2020 has been a game changer and we have noticed that the market went up before finding a strong resistance illustrated by the horizontal red line. Market price is still evolving along the main blue trending line, but might need to push down to the lower level of the new horizontal range created before testing again to break the red resistance. Overall there a strong probability to see the market price break the red support line, any point close to the bottom support line of the new range is probably a good long entry point.
NYSE:SHOPLong
by Diallo_Charts_Ideas
GBP AUD - long term buys - impulse into the range againHello traders and analysts, We have an update to our GBP AUD trading range - price is still very much ranging but we have managed to yet again catch a trade to the upside whilst still hedging the downside movements. Over the end of last week, we saw the Aussie get stronger but was not enough to break through to 1.78 area. so the demand zone still stands and the range is in play and active. COT Data: Aussie Long Short Total %Long %Short Avg_13 30,441 54,256 84,697 36% 64% Avg_20 33,958 63,290 97,248 35% 65% Avg_50 39,133 76,363 115,496 34% 66% Avg_130 38,877 76,625 115,502 34% 66% COT data: Pound Avg_13 32,923 49,892 82,815 40% 60% Avg_20 41,245 43,918 85,163 48% 52% Avg_130 43,323 68,286 111,609 41% 59% AVG_50 43,547 67,458 111,004 41% 59% Technicals: What can we see technically? - Daily bearish but breaking momentum short in the channel. - weekly bearish zone touched - bounce from the demand zone zone. - we can see the trend beginning to add long positions to correct - this has now occurred. - we have made lower lows and lower highs- showing the correction - now in a consolidation zone with some great wicks formed and a reversal to the upside - this has been boosted by GBP Tuesday as of writing. -AUD USD ranging market looking to break 0.70 for upside strength. -Large downside gap to fall to if price looks to create a new low structure in bearish confluence and momentum trading. - COT report in favour of AUD however, risk off will shift sentiment. Fundamentals Aussie is a commodity currency so is highly affected with exports of natural resources, Gold , Oil , Grains, Copper etc. Victoria lockdown has caused issues for the restart of the border openings USD outlook affects the progress of strength for Australia. Coronavirus within the US sees an affect on the economy for the US as a result affects directly Australia where the index correlates. USD sees 1Trillion package for stimulus package. Note: Trading is about timing. so even if our stop loss gets hit on the chart. We may not have entered all together and orders can be adjusted. Trade what you see, this is purely our Bias. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. Many thanks for your support to our existing and new followers. Much appreciated Thanks, Team Lupa.
Long
by LupaCapital
AUDUSD Long- Impulse & RetestAU has been ranging since July 5th between a level of support and a weekly resistance. Finally, there was an impulse above the weekly resistance and currently seeing a retest of that previous resistance. I would wait for a confirmation to buy or sell. I believe it may pull back a little further before buying to possibly a previous wick which was at 0.70620 or even further! As always manage your trades and TRAIL STOP LOSS to maximize profits! AUD NEWS IS COMING OUT AT 9:30PM EST so be aware. The news should be on our side though for the long! Like, comment, and follow!
Long
by aleasewell
INDICATORS POINTING DOWN - RANGING - MARKET CHANGE - TVIXF 240MNThank you for your lies and shares, Much appreciated! __________________________________________________________ The market needed to be looked up with another eye. After the decision of the Credit Suisse company to take down some shares. Did we notice any change ? No! Market TVIXF changing in market shape, passing from a descending trend to a ranging lower trend. Is it the results of the company's decision? No! For the analysis, we can clearly notice that there is a strong resistance illustrated with a green horizontal line, which as been tested several times before. Possibility of an entry short from that point again to be on the wave of a probable pullback down on it. Furthermore, the lower part of the actual overall horizontal trend marked with the orange line, can probably see the market trying to break it, to evolve at a lower price. Another idea would be an entry long from that point(bottom orange line) At the moment, because the market hasn't shown any strong sign of recovery, we would wait and see what is going the happen from next week. So Wait Few Days to Increase Your Probability Limiting the Risks. ---------------------------------------------------------------------------------------------------------------------------------------- We see more and more people happy taking positions and decisions through our analysis.That's great! Please beware about this DISCLAIMER: this trading idea and all others published here or on any social network, editorial, media and press, can change at anytime without any notice. Trading is risky and losses or profits are the results of your own decisions and not the result of this analysis. Trading assets on financial markets is very risky and this analysis is to provide another point of view.
OTC:TVIXF
by Diallo_Charts_Ideas
LATE IMPACT OF CRISIS ON LUXURY GIANT - HERMES - RMS - 30MNThe large uptrend line can be duplicated to see all other parallel levels where the market have found support/resistance. The price have then been ranging horizontally, after having broken this large uptrend line. Now it is time to consider the probability of seeing the market price fall a bit. The break of the lower part of the rectangles will validate that probability. In the other side, two natural upper resistance formed by the top of the two squares. Probability of pullback down from those points. Any break of the square up or down will be a nice entry point. Time to take profits for investor to reduce exposition and come back stronger after the probable share price fall.
EURONEXT:RMSShort
by Diallo_Charts_Ideas