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Tradingrange

Buy EURGBP Heading Towards 1.618 Extension (DAILY)Price bounce from mid trading range and channel zone heading towards 1.618 extension of lowest low and following higher high. 1.618 extension is also upper resistance. 1.272 extension turned into support from previous resistance You can take the buy and set your target to that area or wait for price to reach that point and watch for potential sell reversal set-up. Higher probability of the big boys pushing price to that area for that exact reason. Negative correlation with EURUSD as it heads down - link to related EURUSD idea below. Risk/Reward 1:1.5
Long
by TevinW
My Wickoff Updated and Refurbished on Bitcoin In previous Analysis I was explaining a lot about our accumulation Zone and all the details that it required to be explained. Thus, I think I made a mistake on timing the market, and since I always update my analysis, when I checked my Chart I realize one thing, THE VOLUME, I know I have been talking about volume a lot, but I wasn't seeing correctly the volume in phase b, the thing is that we never had a spring, that was ST, but the reason because I didn't see it is because BTC found the bottom lower than the SC, because Selling Pressure really got exhausted at that point, and apparently in th 6kish and 5.9kish there is not a lot of supply, that's why volume decreases in each dump, and now I can expect a real Spring in Support Lines A-B area once again before moving upwards, The Creed matches like a mirror from schematic #1 but it fits more likely, it doesn't really matter. If this is correct, it would match with previous analysis where I see a mark up in July for the short term, and maybe we can get to retest trend line, this doesn't mean reversal, just means that a shakeout is needed. Well let's see what happens now in the upcoming days. SPANISH En Análisis anteriores he estado explicando mucho sobre nuestra Zona de acumulación y todos los detalles que requería explicar. Por lo tanto, creo que cometí un error en la sincronización del mercado y, dado que siempre actualizo mis análisis, cuando revisé el Gráfico me di cuenta de una cosa, EL VOLUMEN, sé que he estado hablando mucho sobre el volumen, pero no estaba viendo correctamente el volumen en la fase B, la cosa es que nunca tuvimos un Spring, este era un ST, pero la razón porque no lo vi es porque BTC encontró el fondo más bajo del SC rodando los soportes mas abajo y, porque la presión de las Ventas realmente se agotaron en ese punto y, aparentemente en los 6k y 5.9k no hay mucha oferta, es por eso que el volumen disminuye en cada declive (Dump), y ahora puedo esperar verdadero Spring en las Líneas de Soporte A-B una vez más antes de movernos al alza. El Creed se ve como un reflejo del que se muestra en el esquema #1, pero es más compatible, realmente no importa, funciona. Si esto es correcto, coincidiría con un análisis previo donde veo un movimiento alcista en julio para el corto plazo y, tal vez podamos volver a testear la línea de tendencia, esto no significa inversión de tendencia, solo significa que se necesita una sacudida. Bueno, veamos qué pasa ahora en los próximos días.
by G0ldenross
ADA, broken thru support, on to plan BNow that ADA has had a break to the downside of support and corrective structure at (3), it is starting to look like we are in a large trading range (1). The box at (2) is a false break of that level but may also be the bottom end of the range--it is a little unclear where buyers will come in. The trend isn't super consistent across time frames so I plan on being nimble with bullish trades and keeping holding times short. So now that I am viewing this a potential trading range, whats the strategy? Get long near the bottom of the range (0.13-0.18), get short (if your exchange allows you to do so) at the top of the range, and stay neutral in the middle. Also, keep in mind that while the long-term trend for the crypto-market in general is still bullish, there is still a good chance that this range will break to the downside eventually--so keep an eye out for signs of weakness--weak bounces, lower highs, reactions with shallow angles. Also, a break below the lows at (2) would definitely switch my bias to bearish. *I am mostly just thinking out loud in these posts--I wouldn't consider this a suggestion on how to trade
BINANCE:ADAUSDLong
by w_h_indicators
1
OptionsAction's MIchael Khouw's Bearish TSLA TradeOn Friday's Options Action, the crew analyzed the performance of Tesla (TSLA) stock. Tesla has traded within a range for over 3 years before breaking higher towards its $375 highs. Recently, TSLA has started to trade back into the range after a heavy selloff a few weeks ago. Coupled with lower Model 3 delivery numbers and dwindling cash reserves, risks are skewed to the downside. Expecting TSLA to trade lower after their earnings announcement, Michael Khouw suggests Selling a May 18 250/280 Put Ratio 1x2 for a $2.00 Debit. We've structured this trade in OptionsPlay so you can analyze and view this trade along with the supporting technical chart at your convenience. View this trade in OptionsPlay: app.optionsplay.com Cost: $230 Max Reward: $2,770 Max Risk: $22,230 POP: 34.68% Breakevens: $222.30, $277.70
NASDAQ:TSLA
by OptionsPlay
EOSUSD Trading rangeWe're trading inside a range right now. Here's how this trade should be done: 1) ABSOLUTELY NO POSITIONS SHOULD BE TAKEN ON THE GREY MIDDLE AREA. This area is way too far from both stop-losses, causing it to be non-profitable. 2) You should trade based on your "belief"/analysis: "is the market bearish"? If your answer is "yes", only short positions should be taken (or very low leverage long positions). 3) You should use an indicator to base your entry on. For example: RSI + MACD gives you a "bullish sign" around 5.55. Then, you should entry long if you so desire. If your indicators didn't give you any trading signs, DON'T OPEN A POSITION. 4) Take your profits based on your indicators as well. Don't wait for the market to hit the top of the trading range (it might as well never do it). The areas I've highlighted on the chart are based on fibonacci retracements and risk reward ratios. 5) Take full profits if the price hit the opposite side of the trading range. For example: if you get in at 5.45 and the price hits 6.23, close your position. Trading in a range is dangerous. 6) Take your stop-loss if you need it. My opinion: trade short mostly, and if you wanna trade long, take full profits on bearish signs from indicators. Don't follow my strategy blindly, I'm nothing but an amateur. Feel free to give me some critics.
BITFINEX:EOSUSD
by IagoLemos
5
Historical Bear Run, today's Trend LinesDear Traders, As we continue to analyze the previous bear run of 2013/2014 on today's market we can only marvel on its beauty and the quantity of similarities that are flourishing. My Trading Ranges are: Max (11,4-11,9), Min (9,6-10,2). Due to strong bullish signals from my favorite indicators (specially today's Ichimoku (10,30,60,30) TK_Cross) I'm still skeptical on the idea that the previous bear run can give us such a predictable path. But until we don't see a change of character on the BTCUSD market I will continue to keep an eye on this graph. Have fun and take care out there, it's a dangerous land. S.
BITFINEX:BTCUSD
by sgtview
1
The Trend: EP8 -- Building SupportsHowdy Yall! On this episode of The Trend we take a look at how an asset sets up a foundation for further moves. Its important to understand some of the psychology which applies to both traders and investors when evaluating an asset. Here we look at BTC and its current trading area along with historical trading area's for comparison. Several times throughout the video I use terminology which is "borrowed" from Wyckoff analysts. I would like to clarify that I am using these terms as "explanatory" terms and not necessarily as the professional definitions for them (although most do fit, just by nature). Thanks for taking a look! I hope you all muck up a chart showing off what you think will happen, and feel free to post that chart back here!
COINBASE:BTCUSD
by blessmywork
5
Deviatrix oscillator strategy for trading Bitcoin by JomySomething I spun up last night. Why "Deviatrix"? It sounds sexy and it's based around price trading range deviation. Buy signal is when green is over red. Red is designed to meet green quickly when it senses changes (danger) in the trading range and hopefully get you out of long positions a day before the quick dump offs. It's been tuned to trade bitcoin, and there are no guarantees this will ever work for you or keep working if it does work, but it might be fun to try. It may work on 4h bars too, but 1d is best. For entertainment purposes only.
BITFINEX:BTCUSDLong
by Jomy
Quantum rally or dumpQuantum was trading in a range. It broke out and has a good potential. It is now testing the upper part of the previous trading range. A few scenarios now are moon or dump. If it closes below the yellow line it could go back to the lower end of the previous trading range. If the upper end of the trading range supports it, then quantum could go to the following targets. mid term and long term. so the next 2 hours are decisive on the 4h chart. purple: resistance yellow: trading range orange: uptrend arrows: targets, mid term and long term trade smart!
Q
by varil_shmoney