HOW TO recognize TRADING RANGE - TREND is your FRIEND!Hi traders,
I didn´t open a trade yesterday, so I decided to record an educational video for you.
My favorite topic (and very hard to implant for many traders) is TRADING RANGE.
The most most most crucial ability is to recognize if you are in a Trading Range or in a Trend. Every stage of the Market requires a different approach!
You can find a lot of complicated tools on the web that describes Ranges... Why make things complicated?
My tool is simple - Swing Highs and Lows. They tell us everything about the market.
I focus on the theory followed by examples on the SPY ( AMEX:SPY ) chart.
Happy trading!
Jakub
FINEIGHT
Tradingrange
ETHBTC: Easy range tradingI love this range, so easy to trade, until the price comes out of it up or down of course. Placing my bids at 0.0248 level for ETHBTC .
The idea is still the same, like 3 previous times: buying support - selling resistance ~0.0256.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin's Range MovementPlease leave a LIKE and COMMENT if you like the analysis.
Yesterday's decrease caused the price to fall back within the $7150 - $6650 trading range. While it initially found some support above the midpoint of the range, it fell below afterwards. The bearishness is strengthened by the possible bearish cross between the 50- and 200-period moving averages (MA), otherwise known as a death cross.
An almost identical movement occurred on April 11. The price had increased above the resistance of the range, only to fall back inside it shortly afterwards. After the death cross occurred, the price moved upwards all the way to the resistance line, only to drop sharply afterward.
If the same movement transpired this time around, the BTC price would increase and touch the resistance line only to fall towards support afterward.
MASSIV bullish divergence on the 4h chartI see a strong bullish divergence on the 4h chart. Additionally Bitcoin undercut its established trading range, suggesting a bounce back into the trading range and even higher. If we would have a breakout of the trading range to the upper side I'd be bearish, the RSI alignment and the undercutting of the trading range give me some bullish confluence. Longs will be taken as soon as we reclaim the trading range.
Cheers!
USDCAD TRADING RANGECiao ragazzi, analizziamo il fine settimana sul wikly di usdcad, e vediamo un trading range iniziato il
15 giugno 2019, qui si fa trading sulla parte inferiore o superiore di questo rang, oggi ci troviamo sulla parte superiore, dove c'e' stato un bel impulso al rialzo, il prezzo e arrivato nella parte colorata di rosso, c'e' stato una presa di profitto, la candela a sfalsato i precedenti massimi, e a chiuso oltre il 50% della candela rialzista precedente. i presupposti sono tutti di una discesa da questi livelli, ma vi consiglio di attendere conferma sul deily.
BUON TRADING SERIO
SPLK Shifting SidewaysSPLK is shifting to a trading range pattern as it enters a new all time high level. SPLK gapped and ran up strongly out of a mid-trend short-term bottom.
SINA Trading RangeSINA is stuck in a trading range of 10–15 points despite strong buyback activity that supports the stock at the lows of the range. SINA buybacks are struggling to maintain the price level.
AUD/CAD Good opportunity to SELLHELLO TRADERS, please before reading,
-Support this idea with your Like and any Comment, thanks.
-Reasons: - Price getting closer to the white resistence line.
-Price made a lot of touches a key level
-uptrend - If price will make fake breakout of key
Fibonacci retracement at least to 0.382 and after that 0.236
Thanks
Could TRX/USD Leave the Range?TRON's TRX has settled in a tight range recently. The Relative Strength Index (RSI) avoided the oversold.
Looking technically, we will need to see a sustainable move above $0.0148 in order bulls to gain momentum. Once this resistance is out of the way, psychological $0.0150 (H4 100 SMA and the middle line of the daily Bollinger Bands) will be the next target. But failure to move back through the today high $0.01437, where is located also the resistance trend line, could weigh heavily during the day.
On downside, first support is the psychological $0.0140 level combined with the lower line of H4 Bollinger Bands. A clear break bellow it will bring further downward pressure and could lead the bears for re-testing November's lows at $0.01296 and $0.01283.
Please feel free to share your opinion with us as comment bellow...
FISV Trading Range at New HighPlatform development resumes for FISV after a 2-day High Frequency Trading gap and run out of previous platform. The current platform is at a new high for the stock.
08-11-2019 Ruptura del canal a la baja en pleno desarrolloEl precio de Bitcoin rompe la parte baja del canal en el que tiene consolidando casi dos semanas. Naturalmente la mayoría de los bajistas esperan un clavado a los 8.000$ por lo menos.
En el gráfico diario podemos ver que la nube ha estado haciendo un importante trabajo de resistencia, no vemos más que sombras dentro de la misma mientras el cuerpo de las velas han estado siempre por debajo de la nube. La media exponencial está 8.691$, pero si el movimiento consigue momentum bajista es poco probable que haga labores de soporte, estando tan cerca del rango.
Esta será precisamente la cuestión importante:
¿Podrán los bajista confiar en una bajada categórica teniendo tan presente el último engaño?
Aparentemente es algo que comprobaremos pronto. En el momento de escribir este artículo el RSI pasa al lado sur por primera vez desde el inicio de la última consolidación. Necesita mantenerse de ese lado y el precio también necesita quedarse cercano a los 8.000$ durante algún tiempo o seguir bajando para concentrar esperanza a la baja.
En este momento las circunstancias se están desarrollando, es necesario estar atento a la forma final de la vela del día de hoy y su volumen.
Te invitamos a formar parte de nuestra comunidad, en la que revisamos estos datos y debatimos diferentes puntos de vista, colaborando en el proceso para que cada trade desarrolle su propia línea de pensamiento, de la manera más eficiente y adaptativa posible con respecto a sus propias características.
discord.gg
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1. El mercado de criptoactivos es extremadamente volátil.
2. Los objetivos son el alcance potencial esperado, no garantizado.
3. Los niveles de resistencia y soporte son elásticos, no estáticos.
4. No podemos aconsejarte cuándo entrar o salir de un trade, solo proporcionamos la configuración tal como la interpretamos en el momento.
5. Los traders nunca deben operar con más de lo que pueden permitirse perder, ya que cada operación se basa en posibilidades, no en garantías.
Recuerda que siempre puedes hacer clic en el botón "compartir" en la esquina inferior derecha de la pantalla, debajo del cuadro, y luego hacer clic en "Hacerlo mío" en el menú emergente para obtener una versión de este gráfico que puedas explorar por tu cuenta.
#bitcoin - 3D, D, H4, H1Good morning Traders,
let´s have a quick look at our trading-range today. The little pump yesterday has given a lot of people a little heart-attack cause they feared they will miss out the pump up to $ 12 k or higher.
Some facts straight, if you look at the Daily chart it becomes clear where we are stuck at the moment and why. Not only the price is ranging between two important MA´s (100 and 200), it is also stuck between the Monthly and not very well
known Quarterly Pivot, that has been major support for the recent intra-consolidation descending triangle.
So? Have we produced something major bullish yet, that justifies a swap from swing-trading and low-interval scalping to hodling? The answer is no.
We need to leave this range between $ 9 k and $ 9.75 k and break that P-Q AND the trendline in order to be able to go more over to the green side.
Watch those levels and take what is given in between until the big move happens (unfortunately either direction is still very possible).
Also to mention: We are stuck in the 3D Cloud and yesterday´s try to escape the Daily, failed so far.
Happy trading.
Neru
UTX in Long-Term Trading RangeAlthough many Dow 30 components had a severe sell-down in December 2018, most have not gone up further than the previous highs. UTX is such a stock. It has now officially been range-bound for over a year, as it was range-bound before the December collapse.
ADP Platform Sideways PatternADP has shifted to a Platform sideways candlestick pattern, and is experiencing some Dark Pool Quiet Rotation™. However, there is underlying buying activity of Smaller Funds, Professional Traders, and Investors. The candlestick pattern is compressing on the upside of the Trading Range at this time.