UPDATE: Silver trajectory remains up with target at $37If you place the regression channel you'll see Silver has been on an uptrend for the last few months.
We have had a Reverse Cup and Handle and the price has been above both 20 and 200MA...
So with the Zig Zags, the price will continue to move up until it reaches the first target at around $37.25.
Silver is the second type of safe haven that is common for investors to buy during risky market conditions. Simlar to gold - but is generally on a slower path up.
S1!
DOGEUSDT .P perfomance 8 months in 2023The most recent BITCOIN correction affects many Altcoins, including DOGE.
How does the S1-TM react in that phase:
- Close buy order (Close B1) exiting the long position at 0.07446 before the price drops sharply.
- If trading Future, enter a Short order immediately and receive ~18% profit after 2 times TP.
If you have any opinion or want to see results with Spot DOGEUSDT, please leave a comment.
ETC.P SignalThis year has been a rough year for crypto. Downward pressure appears with all coins.
With the ETC 2h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
SOLUSDT .P perfomance in last 8 months in 2023This year has been a rough year for crypto. Downward pressure appears with all coins.
With the SOL 1h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
If you have an opinion or want to see results with Spot SOLUSDT, please leave a comment.
ADA .P perfomance in last 8 months in 2023This year has been a rough year for crypto. Downward pressure appears with all coins.
With the ADA 2h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
If you have an opinion or want to see results with Spot ADAUSDT, please leave a comment.
AVAX .P perfomance in last 8 months in 2023This year has been a rough year for crypto. Downward pressure appears with all coins.
With the AVAX 1h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
If you have any idea or wanna see results with Spot AVAXUSDT, please leave a comment.
Silver Explodes - A Lesson To Track Shifts In Order FlowHey traders,
In today’s analysis, it’s hard to ignore Silver following the 🚀explosive🚀 8%+ move up.
Let’s unpack the action as of late via the OFA script :
To do so, I am not going to apply any subjective type of analysis such as drawing trendlines, counting waves based on what way the wind blows, or any other form of guessing game…
Instead, we let the formation of fractal structures (objective measure of moves) create the pathway from which we can all make decisions. Fortunately, there is no need to engage in laborious manual work?
Why? The OFA script has all of us covered. So, with that in mind, what can we observe in the silver market?
What recurring pattern do you notice? Clue - Pay attention to the visual Ms and Ws type pattern forming…
These patterns entail, as stated in the chart, “dynamic fractal-based order flow cycles where a decreasing involvement in one direction (depicted by cycle/wave/line counts leads to a predictable move in the opposite direction seeking out the next equilibrium area, in most instance, with potential profits as a by-product…”
If you are into disseminating order flow, nothing I’ve seen beats the objectivity in analysis one can carry out via the formation of structures derived off fractal structures. Note, the chart ignores the dominant trend and simply focuses on the M and W patterns. Can you imagine if you start to align trading in the direction of just simply the dominant trend in the higher timeframes + proper risk management? Let you fantasise with that!
Remember the two key main features of the OFA script:
Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude?
Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg.
DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
FETBTC, the end of the accumulation?On the higher timeframes, Fetch has never been in an uptrend, declined until end of 2019 and experienced a big big flat consolidation since 2020.
--> Maybe an accumulation by whales?
Price has made a Higher Low, we need to see a Higher High now. Easy entry, easy to adjust risk.
Want to see more charts like this one? Join us at Subverto Trading Club !
🏛SILVER BULLISH BIAS| LONG🚀
🏛SILVER is trading in a rising channel
And has formed a bullish flag pattern inside the channel
And unlike Gold, there is no falling resistance line here
Therefore, the movement up is restricted buy the horizontal levels only
Wait for the breakout of the flag
And buy on pullback
LONG↗️
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SafePal S1Introducing the first crypto hardware wallet backed by Binance.
• App downloads: 406,900+.
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• Supported dApps: All dApps issued on Ethereum, Binance Smart Chain and Tron network.
(Source - Binance)
This is early days for SafePal's native utility token SFP, released only a few days ago there is a huge potential for growth.
Currently Ranked #220 on coinmarketcap with a marketcap of $306,450,949 and a max supply of 500,000,000.
- Breadcharts
Target 5.60
GBP/JPY Signal - GBP Markit Construction PMI - 7 Jan 2021GBPJPY is trending to the upside this week prior to the GBP Markit Construction PMI, and we anticipate continued upside into this event. The data shows business conditions in the UK construction sector. Technically the pair is at the 50 moving average and above the 139.94 support level and we anticipate upside into the 141.210 level.
What is The FAMOUS SETUP? Xmass GIFT for Everyone Today I'm going to share with you one of the most powerful Trading Pattern I've found and traded since 2012.
How to Predict Tomorrows Wave 5 10 Hours in Advance and Trade it with 80% Win rate?
We have a topic in our AIMS Forum dated Feb 13, 2012. Still running and still valid. and hopefully will continue to work for the years to come.
This video explains what is The Famous Setup and How to Take it.
Famous setup is based on the concept that
>>> Wave 3's of H1 time frame usually last between 2-3 days followed by 1 day sometimes 2 days Wave 4 and then 1-2 days Wave 5.
What we do is when we see a strong move on a pair (today) we expect it to go sideways during Asian session.
We want to see it creating pancake tight sideways horizontal flat aims boxes. (A tight Range)
>>> and then we catch the 5th of wave 3 of h1.
Our preferred way is to go to m15 and find a S1 (a breakout Setup into Wave 5) but we can also simply trade the h1 level at LO on H1 time frame.
Entry checklist:
- W3 on H1 from previous days London/US sessions;
- W3 has not shown divergence, interweave divergence (as 5 of 3 may be done);
- Flat/sideways Asian session, shown by M15 sleeping alligator, close to ZL, or by very small H1 AIMS box;
- W3 has not retraced back to the zero line, although this may give a genuine S1 into W5.
- Entry on break of M15 level with opposite M15 level as stop-loss;
- Entry can also be taken on H1 level using H1 chart.
WAVES within WAVES within Waves | How to Buy Stocks that Go UPHow to Chose and Trade the Stocks that have a higher probability of Rising in the next 2-3 days
A technique I use that we call AIMS The Setup One Strategy.
The Market moves in waves. How to know when is the right time to buy and when to Sell?
SILVER will bounce from Resistance. Short!
Hello, Traders!
SILVER is trading in a pattern
That is somewhat similar to the one of Gold
And I've just posted a short on Gold from the falling resistance line
Which is present on Silver chart too
So why do I intend to short Silver higher than Gold?
Its because on Gold chart the more important horizontal resistance is already reached
And forms a confluence with the falling one
In Silver, however, the horizontal level is way higher than the falling one
So I'll play it safe and will be shorting silver from the horizontal resistance
Sell!
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See other ideas below too!
Silver Future Analysis - Commodities - Silver Technical AnalysisThe Wisest option would be to hold - all the other options are too risky at the moment - but, based on Technical analysis there might be a possibility to go long as per major bullish trend only if the 23 USD support level will not be broken in the next two/three market days; vice versa, if the support will be broken, there might be an opportunity to go short
USDCHF - Buy Signal at Frankfurt Open - THE FAMOUS SetupThis is a price pattern that I like to call the FAMOUS setup.
It allows me to forecast the market at 10 pm UK time before going to bed.
I see this pattern 10-12 hrs in advance. And so the prediction is that provided that it stays within this boxed range, as shown on the chart...
It will break out into wave 5 on the M15 chart.
I should go and hit Target Zone 1, i.e the Fib Expansion 62%.
What will invalidate the signal?
If price did not stay within sideways box region, I..e if it goes up into wave 5 without going sideways first
or if it retraces more than 50%.