Trendanalyisis
OXTUSDT#OXTUSDT
hello everyone we will talk about this swing trade and good opportunity as you can see at the chart we have very important and strong support zone the price try many once to break support area and the price try to creat uptrend move and will pump following Bitcoin ( BTCUSD )
MACD is showing bullish
RSI showing bullish
EMAs showing a bullish move
buy and hold it to the next targets at the chart targets set at the chart
You may also TELL ME in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
4H downtrend in AUDUSD possibly nearing completionWe are tracking two counting processes in this analysis: Prime & Cycle. The first is easiest to understand. We simply select a window that starts at the absolute top/bottom of the trend, and ends after the first fractured pullback ("FCT") completes. As you can see from the green label at the high, we can derive three numbers from this count. In this case they are: 16/14-8 (the 8 can reduce to 4 and 2 since all of these are even, but let's keep it simple and focus on the three...). The 16 is called the 'high prime,' the 14 is the 'low prime,' and 8 is our 'half prime.' The prime values imply that the market mind will use these to end the trend at a point where these values also line up with other processes... As you can see we're projecting a turn based on our half prime of 8 counted from the rightmost edge of the selection window.
The second process involved is the Cycle. The Cycle is a 2/4/6 count that skips FCT terminals (most of the time). Actually, in this sequence, the terminals are counted since the low terminal at point 11 appears above the trend low at point 9. This is one of two situations we call a 'count-through.' So the first Cycle ends at the bolded 6 label. The second ends at, and lines up with, our half prime count of 8. What indications do we have that the Cycle will end there? Notice the DMC (Double Marked Candle) at point 6. This is a signal that can point either to A) the end of a Cycle (since cycles end at 6) or B) a 6-count to follow the end of a cycle. In this case, either A or B is a possibility. If A plays out we end at our half prime, and if B, we end at our low prime of 14.
Please note that the projection implies a new and final absolute low after our counts of 6 and 8 are hit...
For me personally, I would attempt to trade both situations. If I stop out on the half prime entry, it only makes the low prime entry more viable...
This downtrend from the .65220 high also ties into the 1D time frame where an 'all primes' count ended at .61702 on Thursday, Oct. 13. So I don't think that low will be breached by this 4H trend. We should see new highs in the daily chart in the upcoming weeks (if the 'all primes' count holds)...
As for stops and profit targets... I usually oscillate between a conservative and aggressive ATR based trailing stop, in this case it would start at the absolute low of the 4H trend. I don't use targets much because they are often arbitrary. There is no possible way of knowing what the next trend will look like before it happens... Even with all the above rules, markets have an extremely wide range of legit behaviors. The projection shown here is based on a relatively mature trend, not to say that it can't extend beyond what we expect, but after the first and/or second FCT forms, we've pretty much got all the info we need to make a good educated guess...
Let's see how this plays out... enjoy! /r
BNBUSD: Under a KEY RESISTANCE! What's next?• BNB is very bullish, but it has to face its most challenging resistance now, around $337;
• The $337 is a triple-resistance area, as seen in the daily chart, and only if BNB breaks it, we’ll see a bullish run to the next resistance at $413;
• However, if BNB fails in breaking this resistance, and triggers the Double Top chart pattern seen I the 1h chart by losing the purple trend line, a pullback is plausible;
• The next support level is at $299 (red line), near the 21 ema in the daily chart – making it a dual-support level;
• So far, the situation is under control, and the volume is quite high. Let’s pay attention to these key points.
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EURUSD | Long Positing | Trend ReversalEURUSD has been making consistent Lower Highs and Lower Lows for the past couple of months as observed on the daily chart.
The chart demonstrates strong bearish resistance and support where the EURUSD has shown to reverse its trend.
However, EURUSD has recently broken past its strong resistance level and that too by creating a new Higher High on the daily chart.
Comparing the 50 MA with 10 MA, we can also observe that the 10 MA has crossed the 50 MA, after consistently being lower for several months.
These reasons indicate a strong reversal in my opinion.
My prediction is that the price will fall back to the Fib Level 0.618, which I believe is going to be a strong buy zone for EURUSD.
AUDUSD Quick LongForgot to publish this idea earlier but it seems to be working out.
The Hourly bearish trend resistance is broken and it seems like a trend reversal to me.
I am predicting that it will at least go to the 0.66 Fib Level where I would close the trade and open a short trade after doing some analysis.
This is a quick trade for quick profit but can be a little risky as well.
Nifty 50 As Predicted Wave C Based on my previous Nifty 50 chart,
As I predicted Wave C has almost reached close to Fib Retracement 1.272 level. We have to keep in mind that India Vix at its very low, I don't think wave C could make more than 18000 level.
Hope you traders will like it. Thanks for viewing ":-)
XAUUSD pullback to $1640Gold price retraces up to after a brief jump from the monthly low $1622, as it dropped during early Thursday morning in Europe. Covid updates from China offered intermediate bounce for XAUUSD. A recovery needs validation from a two-week-long resistance line, close to $1643 to get short-term buyers. One week-old descending trend line offers immediate support near $1618. We expect Gold to retrace up to $1640 before further movement to the downside.
Head and Shoulders Pattern On Natural GasHere we have a textbook Head and Shoulders Pattern after a strong uptrend on natural gas.
The volatility between the head and the kneckline was 19% so we used this as our main take profit area.
At first it seemed too much of a price move however 4 weeks later not only did we get past the 19% take profit area, price went down further to 26%.
This was a big trade to take, the entry for this set up is below: entering on the break and retest of the pattern. Using the rally candle for the signal to enter was key also.
Also had a 2nd opportunity to enter the downtrend and this was the continuation pattern = symmetrical triangle (if located in a downtrend then the chances are that breakout will be to the downside
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BTC/USD - 15m - Swing Trading Analysis published on 10/14/2022Moon to Earth … it’s Cosmo 😃 again and I developed a brand new technical indicator for Swing Trading - the "STI".
USE INSTRUCTIONS:
- Wait for New Up or Down Trend. You may set two alerts accordingly (Alerts: "STI", New Up Trend or New Down Trend, Once Per Bar Close, Open-ended if you have TV premium).
- Do NOT enter any trade yet!
- In Up Trend wait for Down Crossover of Price with Signal Line I for Long Trade (Alert: Underlying, Crossing Down, "STI", Signal Line I, Once Per Bar, Open-ended if you have TV premium), or
- In Down Trend wait for Up Crossover of Price with Signal Line II for Short Trade (Alert: Underlying, Crossing Up, "STI", Signal Line II, Once Per Bar, Open-ended if you have TV premium).
- Set Stop Loss for Trade at Stop Loss Line I for Long Position or at Stop Loss Line II for Short Position. IMPORTANT: This must be done at Trade Inception or at least use Line Values from the Time you entered the Trade (as the Lines are repainting)!
- Set Take Profit at two Times the Risk.
- Wait for Price to hit either Take Profit, Stop Loss, OR occurrence of a Trend Change (Alert: "STI", Trend Change, Once Per Bar Close, Open-ended if you have TV premium). Close Trade.
- If your Trade hit Take Profit you may wait for the next crossing of Price with the applicable Signal Line and enter a new Trade.
NOTE: The Risk of Trend Exhaustion increases over time and a Trend Reversal will be more likely the longer the current Trend persists. Please use appropriate Risk Management and Trade Size to avoid any bigger losses.
Enjoy !!!
Not Financial Advice ... Use at Own Risk.
If you have any questions, contact MoonrakerCrypto.
Thanks and happy trading everyone!
Is last week's Gold rally over?Gold saw some bullish momentum last week. It moved higher to $1675 on Friday but the sellers came back and pushed Gold lower, back to opening price near $1660.
Gold and Silver have lost the safe haven status and turned into normal trading assets. Xauusd has lost around $450 since then or around 25% of its value and sellers are in control. Retraces higher have ended up in vain and sellers continue to push lower.
The commodity holding above $1660 can target longer term Fibonacci and 200 week moving average resistance near $1680. Closing below $1650 it would target first support at $1640 and a break lower for $1632/$1630.
We consider selling Gold on a retracement higher at $1680-$1690 short term resistance area.
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BTC/USD - 15m - Swing Trading Analysis published on 10/05/2022Moon to Earth … BREAKING NEWS: I developed a brand new technical indicator for Swing Trading !!! It's called Swing Trading Indicator "STI".
From NOW ON I will post lots of analysis and updates ... so pls follow and pls check back frequently ...
It’s Cosmo 😃 again, so let's get started: Summary of the Analysis for BTC /USD (15 Minutes time frame)
Trends: Short Term - Bearish & Long Term – Bearish
Crypto Screener™ – 1 week frame – (by TradingView) Rating: SELL
Technical Indicators – 1 week frame – (by TradingView & intotheblock): SELL
- Summary: 11 Bearish ; 10 Neutral & 3 Bullish --> SELL
- Oscillators: 0 Bearish ; 9 Neutral & 2 Bullish --> BUY
- Moving Averages: 11 Bearish ; 1 Neutral & 1 Bullish --> STRONG SELL
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): positive
- 4h (4 hours frame): neutral
- D (1 day frame): negative
- 7d (last 7 days): negative
My Opinion: SELL - Bearisch under USD 22,812
Support @ USD 18,432
Signal Force (0-10): 8 = strong force
Pls like and follow for updates and more analysis using this awesome Swing Trading Indicator ("STI") for 15m and higher Charts with Alerts for Long, Short, Stop Loss/ Take Profit Levels and Trend Changes.
USE INSTRUCTIONS:
- Wait for New Up or Down Trend. You may set two alerts accordingly (Alerts: "STI", New Up Trend or New Down Trend, Once Per Bar Close, Open-ended if you have TV premium).
- Do NOT enter any trade yet!
- In Up Trend wait for Down Crossover of Price with Signal Line I for Long Trade (Alert: Underlying, Crossing Down, "STI", Signal Line I, Once Per Bar, Open-ended if you have TV premium), or
- In Down Trend wait for Up Crossover of Price with Signal Line II for Short Trade (Alert: Underlying, Crossing Up, "STI", Signal Line II, Once Per Bar, Open-ended if you have TV premium).
- Set Stop Loss for Trade at Stop Loss Line I for Long Position or at Stop Loss Line II for Short Position. IMPORTANT: This must be done at Trade Inception or at least use Line Values from the Time you entered the Trade (as the Lines are repainting)!
- Set Take Profit at two Times the Risk.
- Wait for Price to hit either Take Profit, Stop Loss, OR occurrence of a Trend Change (Alert: "STI", Trend Change, Once Per Bar Close, Open-ended if you have TV premium). Close Trade.
- If your Trade hit Take Profit you may wait for the next crossing of Price with the applicable Signal Line and enter a new Trade.
NOTE: The Risk of Trend Exhaustion increases over time and a Trend Reversal will be more likely the longer the current Trend persists. Please use appropriate Risk Management and Trade Size to avoid any bigger losses.
Enjoy !!!
Not Financial Advice ... Use at Own Risk.
If you have any questions, contact MoonrakerCrypto.
Thanks and happy trading everyone!
BTC/USD - 15m - Swing Trading Analysis published on 10/05/2022Moon to Earth … BREAKING NEWS: I developed a brand new technical indicator for Swing Trading !!! It's called Swing Trading Indicator "STI".
From NOW ON I will post lots of analysis and updates ... so pls follow and pls check back frequently ...
It’s Cosmo 😃 again, so let's get started: Summary of the Analysis for BTC /USD (15 Minutes time frame)
Trends: Short Term - Bearish & Long Term – Bearish
Crypto Screener™ – 1 week frame – (by TradingView) Rating: SELL
Technical Indicators – 1 week frame – (by TradingView & intotheblock): SELL
- Summary: 11 Bearish ; 10 Neutral & 3 Bullish --> SELL
- Oscillators: 0 Bearish ; 9 Neutral & 2 Bullish --> BUY
- Moving Averages: 11 Bearish ; 1 Neutral & 1 Bullish --> STRONG SELL
AI (Artificial Intelligence) by CENTRALCHARTS: SELL
Multi Timeframe Analysis:
- 1h (1 hour frame): positive
- 4h (4 hours frame): neutral
- D (1 day frame): negative
- 7d (last 7 days): negative
My Opinion: SELL - Bearisch under USD 22,812
Support @ USD 18,432
Signal Force (0-10): 8 = strong force
Pls like and follow for updates and more analysis using this awesome Swing Trading Indicator ("STI") for 15m and higher Charts with Alerts for Long, Short, Stop Loss/ Take Profit Levels and Trend Changes.
USE INSTRUCTIONS:
- Wait for New Up or Down Trend. You may set two alerts accordingly (Alerts: "STI", New Up Trend or New Down Trend, Once Per Bar Close, Open-ended if you have TV premium).
- Do NOT enter any trade yet!
- In Up Trend wait for Down Crossover of Price with Signal Line I for Long Trade (Alert: Underlying, Crossing Down, "STI", Signal Line I, Once Per Bar, Open-ended if you have TV premium), or
- In Down Trend wait for Up Crossover of Price with Signal Line II for Short Trade (Alert: Underlying, Crossing Up, "STI", Signal Line II, Once Per Bar, Open-ended if you have TV premium).
- Set Stop Loss for Trade at Stop Loss Line I for Long Position or at Stop Loss Line II for Short Position. IMPORTANT: This must be done at Trade Inception or at least use Line Values from the Time you entered the Trade (as the Lines are repainting)!
- Set Take Profit at two Times the Risk.
- Wait for Price to hit either Take Profit, Stop Loss, OR occurrence of a Trend Change (Alert: "STI", Trend Change, Once Per Bar Close, Open-ended if you have TV premium). Close Trade.
- If your Trade hit Take Profit you may wait for the next crossing of Price with the applicable Signal Line and enter a new Trade.
NOTE: The Risk of Trend Exhaustion increases over time and a Trend Reversal will be more likely the longer the current Trend persists. Please use appropriate Risk Management and Trade Size to avoid any bigger losses.
Enjoy !!!
Not Financial Advice ... Use at Own Risk.
If you have any questions, contact MoonrakerCrypto.
Thanks and happy trading everyone!
IMPORTANT TO MOVE STOPS!! AUDUSD UPDATE (IN PROFIT)!This one playing out exactly as explained earlier as well as the other USD pairs I was looking at. I didn't take entry's on all pairs cause that would be exposing my account to to much risk from the same currency (USD). Price has now pushed down between consolidation range so I expect the support of 0.64500 to be tapped at the least (taking 30% profit on position), from there I expect a reaction but hoping to see this level break and create a new leg down..(long term). RISK MANAGMENT comes before anything!! Good luck traders hopefully everyone's having a good week so far!!
INDENTIFYING TRENDS LONG/SHORT TERM!!Just wanted to share a little insight into identifying trends and positioning yourself in the market for minimising risk and maximising profit! Its import to identify trends both short and long term to understand which direction price is heading and possibly reversal points. Top down analysis mixed with key levels and trend patterns is how I look at the market without getting to technical, and candle formations from these areas is where I look at entering positions.. everyone has there own trading style and this is just what works for me, I don't like to over complicate it with a million indicators, trendlines etc. I recommend finding a strategy that works for you and sticking to it, there are a heap of different ways to trade...
GBPCAD / SELL ZONE! CONTINUED SHORTSNot a lot happening across the board in terms of getting into new positions, this is one of the only ones I'm looking at taking a position on. GBPCAD if we see a rejection around 1.48000 ill be taking shorts to hopefully catch the continuation move to push towards last weeks lows.