Long Signal Entry for ACH/USDT
Based on the daily chart for ACHUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position. You can enter now or wait for the close of the day, depending on your availability. Waiting for the close of the day would be preferred to confirm the trend.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or potential profit-taking opportunities.
Tradingsystem
Long Entry Signal for COOK/USDTBased on the daily chart for COOKUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you1
Long Entry Signal for TWT/USDTBased on the daily chart for TWTUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long Entry Signal for PROM/USDTBased on the daily chart for PROMUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long Entry Signal for GRASS/USDT Based on the daily chart for GRASSUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you!
Long Entry Signal for AGLD/USDTBased on the daily chart for AGLDUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long Entry Signal for MEMEFI/USDT
Based on the daily chart for MEMEFIUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you1
Long Entry Signal for SUNDOG/USDT Based on the daily chart for SUNDOGUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you !
Long Entry Signal for ENS/USDT Based on the daily chart for ENSUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long Entry Signal for XEM/USDT
Based on the daily chart for XEMUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long Entry Signal for AAVE/USDT - Trading System Confirmation
Given the daily chart for AAVEUSDT:
MLR vs. SMA: MLR (blue) is above SMA (pink), bullish.
MLR vs. BB Center: MLR is above BB Center Line (orange), bullish.
PSAR: PSAR dots are under the price, bullish.
Price vs. SMA 200: Price is above SMA 200 (red), bullish long-term.
Current Strategy: All conditions for a long entry are met. Prepare to act on this bullish signal, keeping an eye on any further developments or confirmations.
Trading systems can be deceptive; many investors purchase them with high expectations but often fail to use them as intended or at all. Even with a proven system, success isn't guaranteed due to the challenge of execution and psychological factors. This highlights the importance of understanding not just the system but also the discipline and skill required to apply it effectively in real trading scenarios. However, we will help you use the system effectively by letting you know when it's the time to act. All you have to do is keep a close eye on our updates to ensure you're ready to make informed decisions at the right moments.
Long Entry Signal for BNB/USDT - Trading System Confirmation
Welcome!
Long entry signal for BNB/USDT confirmed by the trading system
Based on our custom trading system rules, we had an initial long entry signal for BNB/USDT on February 11th, and since then, the price has remained steady at similar levels. Given that the system's conditions for a long position are still met, we can consider entering a long position today:
MLR Crosses SMA: Even though the SMA is above the MLR, the entry still works because the price is over the BB center line and above the PSAR and 200 MA.
Price Over BB Center Line: The current price is above the Bollinger Bands Center Line (orange), which indicates that despite the MLR/SMA position, the price is in a position that typically favors a bullish trend.
PSAR Flips: The Parabolic SAR (PSAR), indicated by black dots, has flipped to bull, signaling a bullish trend as it is below the price.
Price Above 200-period MA: The price is also above the 200-period Moving Average (red), reinforcing a long-term bullish trend.
Given these conditions, the entry for a long position is supported by the price being over the BB center line, above the PSAR, and the 200-period MA, which are strong indicators for a potential upward movement.
Entry Strategy:
Action: Enter a long position on BNB/USDT today, considering the sustained conditions from the initial signal.
Risk Management:
Trailing Stop: Set your trailing stop at the current PSAR level, which will adjust dynamically with price movements to protect your position.
Standard Exit Strategy:
Exit: Continue to monitor for when the MLR crosses back above the SMA or if the price drops below the BB center line or the PSAR flips to bear. Any of these could signal a potential end to the bullish trend and an opportunity to exit the position.
This signal presents a potential trading opportunity according to our system's parameters, especially since the initial conditions have remained favorable. Remember, always consider additional analysis and risk management practices before making trading decisions.
That is it
QNT/USDT Long Entry Signal Confirmed
Given that the long entry signal for QNT/USDT was confirmed on February 14th and the price hasn't moved significantly since then, this could still be a favorable time to consider entering or maintaining a long position today. Here's how you might approach this:
Reconfirmation of Entry:
Since the signal was confirmed on February 14th, you should check if the conditions still hold:
MLR still above SMA: Ensure the Moving Regression Line remains above the Simple Moving Average.
MLR above BB Center Line: Confirm the MLR is still above the Bollinger Bands Center Line.
PSAR still green: Check if the Parabolic SAR is still green, indicating a continued bullish trend.
Price above 200-period MA: Verify the price is still above the 200-period Moving Average.
Given the price stability since the signal was confirmed, these conditions are likely still valid, supporting the initial signal's strength.
Entry Strategy:
Action: Enter or maintain the long position on QNT/USDT based on the reconfirmation of these signals.
Risk Management:
Trailing Stop: Keep your trailing stop at the current PSAR level, which adjusts with price movements, ensuring dynamic risk management.
Standard Exit Strategy:
Exit: Continue to watch for when the MLR crosses back below the SMA. This would signal a potential trend reversal, indicating it's time to exit the position.
Since the price has remained relatively stable, it might suggest a consolidation phase, which could precede a significant move. Stay vigilant for any changes in market conditions or news that could influence the price. Always ensure your trading decisions align with your risk tolerance and the latest market analysis.
That is it
Disclaimer: This idea is for educational purposes only and should not be considered financial advice. Always do your own research or consult with a financial advisor before trading.
Long Entry on WAVESUSDT with PSAR Stop LossBased on the daily chart for WAVESUSDT on Bybit, we've identified a bullish setup for a long entry:
Indicators Used:
MLR (Moving Regression Line) in blue
SMA (Simple Moving Average) in pink
BB Center Line (Bollinger Bands Center Line) in orange
PSAR (Parabolic SAR) in black dots
200-period SMA in red
Entry Conditions Met:
The MLR is above the SMA, indicating a short-term bullish trend.
The MLR is above the BB Center Line, further confirming bullish momentum.
The PSAR dots are under the price, signaling a bullish trend.
The price is above the 200-period SMA, supporting a long-term bullish trend.
Entry Strategy: Enter a long position on WAVESUSDT given these bullish signals.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots. This ensures that if the price reverses and hits the PSAR level, your position will be closed to minimize losses.
Risk Management: Adjust your position size according to your risk tolerance.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you !
Long Entry Signal for DUCK/USDT - Trading System Confirmation
Given the daily chart for DUCKUSDT and the specified indicators:
MLR vs. SMA: MLR (blue) is above SMA (pink), indicating a bullish trend.
MLR vs. BB Center: MLR is above the BB Center Line (orange), suggesting bullish conditions.
PSAR: PSAR dots (black) are under the price, confirming a bullish trend.
Exception: Since the 200-period SMA is not available, we're making an exception by proceeding without this long-term confirmation.
Current Strategy: With the entry conditions met (MLR above SMA, MLR above BB Center Line, PSAR under price), we are ready to enter a long position despite the absence of the 200 SMA for long-term trend confirmation. Proceed with caution and closely monitor for any changes or additional confirmations.
TotalCrypto Market Pullback: What's Next for the Bull Run?Hello, crypto enthusiasts!
How are you today? I hope you're doing well and not letting this price action ruin your day. Times like these can be tough if you're unprepared or trading with emotions instead of following a proper plan or system.
This chart represents the **Total Market Cap** of cryptocurrencies, and as we can clearly see, it's heading down. Today marks the second consecutive day of downside price action, accompanied by increased volume.
Yesterday was the ideal exit point for the long trade that started after the U.S. elections. The signal was simple: **price pierced the PSAR**, indicating that the trade should be closed. While this index doesn’t represent an actual tradable position, it reflects the system's logic. Since this index aggregates the price action of all crypto assets, its decline suggests that most crypto assets are also experiencing downside pressure. While exceptions exist, this is the general trend.
Technical Analysis with Oscillators
- **RSI**: The Relative Strength Index has dropped from overbought levels (above 70) and is now at **~52**, signaling weakening bullish momentum. This suggests a potential continuation of the downtrend.
- **MACD**: The MACD line is trending down and crossing below the signal line, which indicates bearish momentum. This crossover often signals a further downside.
- **OBV**: The On-Balance Volume is showing a decline, confirming that selling pressure is dominating the market, supporting the bearish move.
What’s next?
- **First Target**: The 2021 top, marked by the black line, where we may see a reaction.
- **Second Target**: The **0.236 Fibonacci retracement level**, which provides another possible support area.
Of course, nothing is ever certain in trading. Tomorrow, the market could rally and ignore all current signals, but for now, the price appears to be trending downward.
A few reminders:
- In crypto, things rarely go the way we want.
- Stay prepared for every scenario and keep your portfolio ready to re-enter the market.
- Avoid letting hope and fear dictate your decisions—they won’t lead to profit.
I'll keep monitoring the markets and share my thoughts as they develop.
If you found this analysis useful, feel free to like, share, or comment below. And as always: **stay safe and keep calm!**
1000RATSUSDT: Breakout Watch – Will Bulls Take Charge ?!?!?!?!?!This chart shows a potentially bullish setup but with important caveats to consider:
- The **Parabolic SAR (PSR)** has flipped green, signaling bullish momentum.
- The price is trading above the **200-day MA**, a strong indicator of a potential trend reversal. However, this signal will be more significant if confirmed by today's **daily close**.
The **descending trendline resistance** remains intact and is yet to be broken. A breakout above this trendline would confirm further bullish continuation and strengthen the overall setup.
**Oscillators** add further insight:
- The **RSI** is above 50, suggesting growing positive momentum but still leaving room for a stronger move.
- **CMF** has turned positive, indicating buying pressure and healthy money flow.
- **OBV** is trending upward, showing steady accumulation and reinforcing the bullish outlook.
While the current setup offers an **entry signal** based on the PSR and 200-day MA, traders should watch for a breakout above the descending trendline for stronger confirmation. Volume will also play a critical role in validating any breakout.
DOGE/USDT (1D Chart)
DOGE/USDT continues to display bullish market behavior, consolidating within a **rising wedge** formation as the price trends upward. The narrowing of the wedge indicates that the price is approaching a critical point for its next major move.
**Key Observations:**
1. **Price Action:**
- The price remains firmly above key moving averages (20, 50, and 200), signaling a continuation of the broader uptrend.
- The narrowing wedge reflects a buildup of tension, typical before a decisive breakout or breakdown.
2. **Volume and CMF Dynamics:**
- A **notable drop in volume** is visible as the price consolidates, which often signals a pending sharp move.
- The **Chaikin Money Flow (CMF)** indicates declining momentum, highlighting a reduction in buying strength and market participation at this stage.
3. **Momentum Indicators:**
- **OBV (On-Balance Volume):** Maintains an upward trend, indicating consistent accumulation despite the consolidation.
- **RSI:** At **70.95**, the slightly overbought reading suggests the possibility of temporary consolidation or a pullback before a potential continuation of the uptrend.
**Conclusion:**
DOGE/USDT is approaching a decisive moment as it consolidates within its rising wedge. The **drop in volume**, visible both on the chart and through the **CMF**, is a common precursor to significant price action. While momentum remains intact, traders should watch for increased activity that confirms the next move.
Z-Score & Smart Money Management to Reduce LossesHow to Use Z-Score for Smarter Trading Strategies
In trading, success often depends on your ability to predict market movements and manage your capital efficiently. One of the tools that can give traders an edge is the Z-score, a statistical measure that helps identify patterns in win and loss streaks. This article breaks down what the Z-score is, how it works in trading, and how you can use it to optimize your strategies.
What is Z-Score in Trading?
In simple terms, Z-score measures the distance between an observed outcome (like a win or loss) and the average result in a set of data. In the context of trading, this data set typically represents your wins and losses over time. The Z-score is most commonly found in the range of -3 to +3, with higher scores indicating a greater probability of consecutive wins followed by losses, and lower scores representing more random, unpredictable outcomes.
A high Z-score suggests that your trading strategy is likely to go through a series of wins, followed by a series of losses . This information can help you adjust your capital allocation and manage risk better. Conversely, a low Z-score points to a more chaotic trading environment where wins and losses alternate with little predictability.
How Z-Score Can Improve Your Trading Decisions
1 • Understanding Random vs. Strategic Trading
Traders who act without a strategy tend to experience unpredictable results — one win here, one loss there. This type of trading is driven by randomness and typically has a low Z-score, meaning there is no clear pattern of consecutive wins or losses.
On the other hand, traders who use strategic approaches — like the ones developed by SOFEX —tend to see more predictable outcomes. These strategies often have a higher Z-score, signaling that you can expect a string of wins, followed by a string of losses.
2 • Capital Management Based on Z-Score
The Z-score provides crucial insights into when to adjust your capital. The general rule of thumb is:
• After a streak of wins, reduce your capital. The Z-score indicates that a loss is likely to follow after a series of wins.
• After a loss or streak of losses, increase your capital, as a win is statistically more likely to follow.
For example, if you start with $1,000 and win multiple times in a row, your first instinct might be to increase your capital to $2,000 or even $3,000. However, this is where most traders make a critical mistake .
Based on the Z-score model, it's better to decrease your capital after consecutive wins, as losses are statistically imminent. Conversely, increase your capital after a loss to benefit from the upcoming win streak.
3 • Avoid Overconfidence After Wins
Traders often fall into the trap of increasing their stake after a series of wins, assuming that the market will continue to favor them. However, the Z-score suggests that after 3-5 wins, you should lower your risk and decrease the amount you're trading. By doing so, you protect your profits from the losses that typically follow a winning streak.
4 • How to Apply This in Practice
Let’s walk through a typical trading scenario:
You start with $1,000.
You win multiple trades, so you might be tempted to increase your capital. However, if you understand the Z-score, you’ll know that after several wins, a loss is likely coming soon . Instead of increasing capital, reduce your stake, say, to $500 or $800.
When the inevitable loss comes, you’ve minimized your risk.
After this loss, you can now increase your capital back to $1,500 or $2,000, as the Z-score suggests that a win streak is more probable after a loss.
By following this approach, you avoid major losses after a win streak, and you’re well-positioned to capitalize on the next string of wins.
Key Takeaways for Traders
• Z-score predicts patterns in trading, with high Z-scores indicating win streaks followed by losses, and low Z-scores indicating a more random, unpredictable pattern.
• After consecutive wins, lower your capital to protect your profits, as losses are statistically likely to follow.
• After consecutive losses, increase your capital to take advantage of the upcoming win streak.
Managing your capital based on Z-score predictions allows you to minimize losses and maximize profits, even during market fluctuations.
Final Thoughts
Trading is as much about managing risk as it is about making profits. The Z-score strategy can help traders anticipate win and loss streaks, allowing them to adjust their capital allocation more effectively. By following this model, you can protect yourself from large losses and make smarter decisions about when to scale up or down your trades.
In summary, to optimize your trading:
• Lower capital after multiple wins to avoid large losses.
• Increase capital after losses to take advantage of win streaks.
Implementing these strategies based on the Z-score will not only improve your trading outcomes but also help you build long-term, sustainable profitability.
So the next time you're riding a win streak, remember: it's not the time to increase your stake—it's time to strategically lower it and lock in your profits.
View our video on the subject here .
Thank you for reading. Read our article on the Kelly Criterion in the Related Ideas section!
Z-Score diagram taken from EarnForex .
Why Most Traders Fail—and How You Can Succeed!The charts you provided showcase potential scenarios based on different liquidity zones (LQZ) on multiple timeframes, such as 15M, 1H, and 4H. Let's break down the key insights from the images:
Key Levels:
Weekly Flag Trendline: This yellow trendline represents the long-term trend and acts as a major resistance or support. It’s crucial to monitor price action around this level for significant moves.
4HR LQZ (Liquidity Zone) at 2,532.077: This level signifies an important area of liquidity on the 4-hour chart. It’s a potential reversal point or continuation area depending on how the price interacts with it.
1HR LQZ and 15M LQZ: These shorter timeframe liquidity zones are at 2,482.129 and 2,470.544 respectively. They act as interim targets or bounce zones based on the smaller trend movements.
Price Action Context:
Wedge Formation: The rising wedge pattern visible in all the charts, combined with slowing momentum near the top, suggests possible bearish pressure. Wedges often lead to sharp breakouts, so a breakout to the downside would align with the wedge structure.
Multi-Touch Confirmation: The multiple touches on trendlines, both support and resistance, increase the probability of significant movements. This concept is supported by multi-touch confirmation techniques.
Scenario Planning:
Upside Potential: A breakout above the 4HR LQZ suggests further bullish momentum, likely toward higher liquidity zones. This can result in a continuation to the upside, as shown with the green line projection on some charts.
Downside Risks: A breakdown below the wedge support and failing to hold the 15M or 1HR LQZ may lead to a bearish move toward the lower liquidity targets. The yellow line projections suggest a pullback to 2,485.055 and potentially lower.
The Trinity Rule Approach:
Confluence Setup: If price interacts with three major zones (like the 4HR LQZ, wedge support, and Weekly Flag Trendline), we can assess whether these align with other signals. This rule adds extra confirmation for higher-probability setups, as discussed in your document.
Overall, price action shows a decision point around the wedge and liquidity zones, with strong reactions expected in either direction.
GOVT ETF: Bullish Reversal on the Horizon?The GOVT ETF, representing U.S. Treasury Bonds, shows signs of a potential bullish reversal, according to our proprietary QuantEdge Momentum System.
Key Indicators:
Z-Score:
The Z-Score has surged to 1.60, signaling an overextension to the downside in the past months. This indicates that the recent downward momentum might be exhausted, leading to a possible trend reversal.
Z-Score of RSI:
The Z-Score of RSI at 1.72 shows a significant bullish momentum shift. This suggests that the asset might be gaining strength, with buyers stepping in to push prices higher. The crossing above 0 confirms that bullish sentiment is currently prevailing.
Cumulative Volume Delta (CVD):
The CVD indicator reflects a strong buying pressure, as demonstrated by the marked shift from deep negative territory (-451,481,504) towards a less pronounced negative reading. This shift suggests that the selling pressure has weakened, and buyers are beginning to dominate the market.
Price Action:
The price has broken above the green momentum cloud, signaling a potential shift from a downtrend to an uptrend. Given the alignment of other indicators, this could be the beginning of a bullish phase for GOVT.
Projection:
Over the next quarter, GOVT is likely to experience a bullish correction, driven by strong buying momentum. The ETF could target resistance levels in the $25.00-$26.00 range if the current momentum continues. The Z-Score and RSI suggest that the upside could be substantial as the ETF looks to recover from recent losses.
However, caution is warranted if the Z-Score or RSI starts to diverge negatively, as it could indicate the potential for a correction or consolidation before resuming the uptrend. Monitoring these indicators will be crucial to confirm the strength of the reversal.
Based on the proprietary QuantEdge Momentum System, GOVT appears poised for a bullish quarter. Investors looking to capitalize on U.S. Treasury Bonds might find this an opportune time to consider GOVT as a potential buy.
A Simple/Consistent Trading Strategy Using AnchorBars For AllI was talking with a friend today and he stated he just wanted something simple and consistent.
He stated he was using Weekly, Daily, and 30 Min charts to try to confirm his trade setups.
He did not want to swing for trades too often - only when the Weekly, Daily, 30 Min charts aligned.
I've build multiple systems somewhat like the one I'm showing you in this video. The trick to managing this system is to avoid consolidation periods. When price settles into an extended sideways range - you want to cut your trading down to almost NOTHING and wait for a more defined trend.
Here you go. Simple and easy.
If you don't understand AnchorBars, you can learn more on my other TradingView videos.
Go Get Some...