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Relative Vigor Index (RVGI)

NFLX = ULTRA BULLISH --> 520 PT 1, THEN RETEST ATH🚀🚀Without sharing every bit of my TA, take a look at this incredible setup!! First target should be 520, and we'll see how we do here -- I'm thinking very well. Then, if we continue to retest ATH, I'd guess that we blow right through it... with a stock split announcement, this could soar to $700 within the next few months, EASY... Of course, this is with good volume, but it really won't take too much to push it up. When you have MAJOR TREND breakouts like this, SP can float or fall more easily. That said, I'd recommend a good hedge to 440 and trailing stop; however, definitely heavier to the upside! MACD = Ready RVGI = Ready RSI = Ready SAR point / TARGET: ~520 Best, OGD
NASDAQ:NFLXLong
by ogdabber
5
AAPL: Kagi says bearish, 320s soon? Or 420+I've done so many reads on this, and this is a bit different from my other reads -- Kagi says AAPL is due for a correction ASAP. This is a very particular TA, and most likely is not being used by most traders, however it will be interesting to see how off this look is... I can't imagine such a strong sell-off just before ER, however, this thing is totally due for one. RVGI says "night night" -- but will it pierce through SAR points to ATH? Time will tell. Best of luck to anyone who's in this.
NASDAQ:AAPLShort
by ogdabber
SQ: Bulls ready to push through gap??To start, there have been many bearish indicators over the last few days trying to match 5Y charts, but these support levels have held very strongly, and we have now initiated bounce back up. With an intraday and larger scale inverted head and shoulders pattern, we could see a pop coming soon! Matched with 1Y and smaller charts, SQ could be squeezed higher, and possibly push through gap back up to ~80 range. Anything below 62.5 will be easy short entry, but if it holds above, then still bullish going into holiday season. This stock is very bullishly manipulated—if you’re shorting, I’d advise on taking profits sooner, or when prices begins to consolidate. Bulls, are you ready to bounce this back up before 12/15 US/China Trade deadline? I’d recommend this, otherwise, you’ll be seeing some lows going into 2020, unlike many others looking to surge again like this year. The Ichimoku clouds want to push this back up fast, so jump in if you believe and want some nice gains. Again, below 62.5 should mean short, so be cautious about this price point; otherwise, enjoy your extra holiday spending money! All the best, OGD
NYSE:SQLong
by ogdabber
1
ASX - over extended market.The market has over extended now and as i have mentioned in my previous post, i am expecting green this week. Today's close is evident of that and looks good for a 1-2 week up trend. I Expect us to reach the red area before heading down lower. friend of mine mentioned that US earning reports re coming out in 2 weeks. This may be the catalyst that takes us lower into the next lot of targets. Other than that, we should have some relief. Fisher and RVGI ready to reset.
ASX:XJOLong
by rarea
Still 50/50 on PPH - ASXIf you look at my related idea, you can see $PPH wicked perfectly off the 50 fib retracement. This is regarded as a 'healthy' pull back. It also wicked into an OB for some liquidity. However, not overly convinced as of yet. Temporarily bullish due to fisher break and RVGI reset. If PPH moves sideways through trend line, builds more volume as support, we could see it pop off again. Otherwise, $2.60 - $2.90 are buys. currently neutral on PPH. Awaiting further data.
P
by rarea
BTC no gambling zoneI didn't post anything this weekend because I was in a safe long position with a trailing stops so I focused on celebrating my birthday and the nice east coast weather stress free. Its important to separate yourself from this game once in a while. The 24/7 nature of the crypto market can take a toll if you're not careful. Everyone is feeling lucky right now but we are running out of gas in the short term. We a definitely free of the bear market trend line that has contained BTC since the ATH. That being said we need a re-test and a hold of that line to confirm it as support. Even then, we could work our way downwards on the outside of it as well if the bull conviction ends and people start taking their profits more quickly. We are narrowing our range in a rising wedge pattern between a sharp uptrend channel (dotted orange) and the more stable uptrend channel (solid thick orange) with volume trending downwards. We would expect either a small break up out of our current consolidation but hit serious resistance around the double top (yellow shaded area) near $9200. However, a convincing break out of this and re-test confirmation of the $9200 level would be a very bullish sign but this seems like the less likely option at the moment. More likely, we will break this wedge support downwards eventually, even after a small bump out of the current flag, don't panic FOMO buy near a resistance. Ideally, we would find support in the thick orange channel, re-test the channel bottom, and re-test the bear market downtrend line. If all this holds, then we could be forming a nice right shoulder (pale green) for a clean looking inverse H&S pattern. We still have support from the 5, 10, and 20 day SMA to help hold these levels. Indicators show short term reversal/correction (days), mid-term bullish (1+ week): + MACD histogram bearish divergence on 4hr and 1D (short term reversal possible) + MACD trending bullish on 1D still but bearish cross on 4hr (short term reversal possible) + Bullish RSI divergence on daily (indicates longer term bull run may hold) + Slight bearish RSI divergence on 4hr (shows we might be running out of steam on the current push, need deeper consolidation) + Bearish RVGI cross on 1D, trending down on 4hr (short term top, likely short term reversal) Summary: indicators and rising wedge pattern with decreasing volume points at a short term correction, however there is still a possible trade in taking a partial position on a bull break, taking partial profits early and setting a break even stop loss at the bottom of the flag. Peace & Love, crypt0guy
BITFINEX:BTCUSDShort
by crypt0guy
Take a step back and look at Bitcoin on the weekly chartBitcoin made a really strong move this week and a lot of people have turned bullish, noting things like a break of the major downtrend channel. This is not an accurate assessment. Bitcoin dropped by as much as 70% at one point ($20k - $6k). You do not use an arithmetic chart for long term trends in a market that changes by such large percentages. It is most appropriate to use the log-scale. That's what its there for. See link for more on this. We are still very much contained in the bearish downtrend channel so please be careful trusting charts that make such a claim. Although we are still in the bearish market, there are several indicators and chart patterns that give us some insight that the market is nearing the end of this trend. First, one possible chart pattern shows the formation of a possible symmetrical triangle which is often considered a continuation pattern of the previous trend which in the case of Bitcoin was a massive uptrend ( source ). Such triangles are characterized by decreasing volume leading to a breakout and two converging trendlines, with positive and negative slopes, respectively. Accordingly, we may be in one and near the end of it. These patterns often make five moves before a breakout. If this is the case, then we have one small leg down to re-test the trendline support before breaking upwards. However, if this support does not hold, then we may see a retest of the Feb 6th bottom (~$5800) or panic, causing a capitulation downwards where we may find support around $4800 or lower, although unlikely but all options are on the table. A lot of TA experts have been expecting such a capitulation so be prepared. Taking a look at the indicators, we have a bullish RVGI cross which buy itself is not a buy signal but accompanied with a MACD cross or histogram divergence might be a signal to go long. Currently, there is a MACD divergence in which the two previous trendline support touches with high lows had sequentially lower histogram values, hinting at least one lower move. I expect if we find support at the bottom trendline, we would like form a higher low on the histogram (purple squiggle) giving us a MACD uptrend but not yet a cross. The cross likely would not occur until after the bullish breakout and would be further confirmation of the new bullish cycle, so if you are an above average risky trader, you might not want to wait for the MACD cross but rather confirm an uptrend on the histogram. Similarly to the MACD, there is RSI divergence, but a higher low price at the support trendline would likely result in an upwards trending RSI. The large move this week was widely referred to as a 'short squeeze' where Bitcoin shorts were at an all time high and as shorts got demolished, the price increase compounded into large price gains. It seems as though we've already run out of gas on this move and the sheer power behind it should not be given any more merit than the short squeeze it was. Some analysts have also pointed to the eerie similarities between the 2014 crash and this one and although remarkable, history won't necessarily repeat itself but this would follow the capitulation case mentioned earlier. There are many more people who have been sitting out waiting to jump in, just look at the most recent push, but people are also more careful now than ever and more willing to pull out at early warning signs like a support break down, or worse, a break of the potential double bottom at $5800 (0.786 fib level). Sorry for such a long write up but I hope it was useful. A few scenarios might play out. I am also more than willing to accept that we are already in a new bull market after confirmation of the downtrend break out on the log-scale. Either way we are near a large price movement either up or down. Be prepared and know what to look for. Peace and Love, crypt0guy
BITFINEX:BTCUSD
by crypt0guy
Trading idea for XLM/BTC LONG - Current price 0.00005433 Sats.The graph is self-explanatory. ====================== In the 1 day chart Tenkan Sen crossed above the Kijun Sen, it is a bullish signal. Because, this type of buy signal occurred above the Kumo (cloud) we can be confident that it is a strong bullish signal. Significant levels of resistance near the cross are showed in the graph. Kumo sentiment is clearly bullish MACD buy signal occurred yesterday and the trend remain strong. Histogram bars are showing a healthy increase in prices in progress. RVGI buy signal occurred 10 days ago and it is validating our others observations and give us confidence about the bullish trend. RSI is above the 50 level. This corresponds to the "bullish" zone. However, there is not overbought in the price. Then bullish trend continuation is a factible possibility. Buy: In a correction in 3 hours chart Take-profit: ~ 0.0008400 Warning! You should not invest more than 10% of your available capital to trade. ====================== Tips: DASH: XhjuDAxmMYeUNoxDfa6PNM83efKoXfmfpC
Long
by tekolo
1
Trading idea for BAT/BTC LONG - Current price 0.00005599The graph is self-explanatory and it is commented on the main aspects of the operation. ====== Buy: ~ 0.00005407 Take-profit (medium-long term): ~0.00008524 Stop-loss: ~ 0.00004544 Initial stop loss determined using the Kumo and William's fractal For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line. Warning! You should not invest more than 10% of your available capital to trade. Tips: DASH: XhjuDAxmMYeUNoxDfa6PNM83efKoXfmfpC
Long
by tekolo
2
Trading idea for ETC/BTC LONG - Current price 0.00248 The graph is self-explanatory and it is commented on the main aspects of the operation. ====== Buy: As explained above. ~ 0.00237 - 0.0025 Take-profit (short term): ~ from 0.0035 to 0.0055 Take-profit (long term): ~from 0.0065 to from 0.0095 Stop-loss: ~ 0.0017869 Initial stop loss determined using lead line (Kumo basis) and William's fractal For maximum risk management on this trade, we also could move the stop-loss up with the Kumo, keeping it just below the bottom edge. For even tighter risk management, we could move our stop-loss with the Kijun Sen, keeping it 5 to 10 pips below that line. Warning! You should not invest more than 10% of your available capital to trade. Tips: DASH: XhjuDAxmMYeUNoxDfa6PNM83efKoXfmfpC
Long
by tekolo
5
Fist's RVGI Crossover/Wave Trend Comparator (LazyBear Scripts)Just a new combination of indies from the incomparable and generous LazyBear. I was having trouble scripting the the RVGI (Realtive Vigour Index) and LazyBear came to my help - I am enormously grateful. Publishing here at 15m but effective for Binaries on shorter time frames, especially 1m. Both RVGI and Wave Trends lengths are set to 10. For more energy/volatility, you can set these lower (suggest you keep same length on both, but have a play). Wave Trend is principal indie but you can use RVGI for confirmation. In Oversold/Overbought zones. suggest you wait for green signal line to drop below/push above o/s and o/b lines and trade 5m on 1m chart in signal direction. For crossovers not in o/s o/b zones, suggest trades of 2m or 3m. RVGI is useful as additional confirmation of Wave Trend and vice versa. I wouldn't trade RVGI arrows on their own. It's not a daft arrow-trade system - be wise. As always, test test test and see what works for you. Don't ignore general price action or fortune will ignore you. Thank you LazyBear. This is why this community is so great. If you're not familar with RVGI, look it up :-)
by benedictwellstood
3