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Trendreversal

Who like Rainbows & Trends?Simple Strategy utilizing 3 Simple MA Channels Simple Moving Average Channel Settings ------------------------------------------------------------------------ First Channel: | 70, High | Colors: 70, Close | Green w/Red Borders for Up and Red w/ Green Borders for Down 70, Low | ------------------------------------------------------------------------ First Channel: | 233, High | Colors: 233, Close | Orange w/ Blue Borders for Up and Blue w/ Orange Borders for Down 233, Low | ------------------------------------------------------------------------ First Channel: | 610, High | Colors: 610, Close | Magenta w/ Yellow Borders for Up and Yellow w/ Magenta Borders for Down 610, Low | ------------------------------------------------------------------------ Momentum Settings ThreshHold is Set to level 0.0 Up Trend ThreshHold is set to 0.00100 Down Trend ThreshHold is set to -0.00100 ------------------------------------------------------------------------ First Mementum: | 34, Close | Colors: | Green when >= Threshold 0.00100 & Red when < Threshhold 0.00100 ------------------------------------------------------------------------ First Mementum: | 233, Close | Colors: | Orange when >= Threshold 0.00100 & Blue when < Threshhold 0.00100 ------------------------------------------------------------------------ First Mementum: | 610, Close | Colors: | Magenta when >= Threshold 0.00100 & Yellow when < Threshhold 0.00100 ------------------------------------------------------------------------ We use the MAs to determine when we are reversing. We use the Momentum(s) to determine when we are consolidating on what time frame and to confirm moves. Use at your own discression, but I myself get over 100 pips most days from this strat. If you need the Code for these custom Indicators, let me know and I'd be happy to help.
Education
by RagingSniper
Double MA ChannelsSimple strategy using 2 Simple Moving Averages channels, Momentum and ADX with Directional Movement First Channel: 70, High 70, Low 70, Close Second Channel: 144, High 144, Low 144, Close Momentum: 34 ADX: 14, 20 To use this strategy please refer to link related to previous post. The SMA 144 channel is used to determine the strength of a trend. Kind of like Bollinger Bands, the 144 will move farther or closer to the 70 depending on the strength of the trend. It's goo to tell you if you have incoming consolidation.
Education
by RagingSniper
Apple Full Trend Reversal W/ MA?NASDAQ:AAPL Apple might be in the middle of a full on reversal from this massive drop it's been on for awhile now. Follow the 20/50/150/200 MA from 1 minute all the way up to 1 hour chart and notice how they are all reversing trend. The key now is to follow the 2H-4H today maybe more to see if they complete the reversal on the 50 passing over the 150 etc. Could be an amazing sign for Apple. If it gets stuck though the downside would be a big sell off. I think Apple is bullish and people want it to be bullish in the market so my hopes are directed that way. Also is was massively oversold since Feb. Thoughts? Do you due diligence as always and make sure to keep up to date with all the market news and pre market buzz concerning the overall market and virus.
NASDAQ:AAPLLong
by DigitalData
6
Bears vs. Bulls - ConsolidatingSimple Triple 70 MA with Momentum and ADX Bears and Bulls are struggling for the lead as we're seeing consolidation in EUR/USD. Be sure to check your work on this one as we could see a possible reversal in the near future. However, for now, make sure if you've taken a Long position earlier today to stay in and don't fall for consolidation until you have confirmation from multiple sources. We could see a reversal and go down OR we could see another upward impulse move giving you more profit. Be sure tho, to mark your Stop Losses to maximize your profits. Want to know more about the strategy? See the Linked Post
Education
by RagingSniper
Reversal or Continuation? Thoughts?Simple strategy using: Simple Moving Average: 70, High Simple Moving Average: 70, Low Simple Moving Average: 70, Close Momentum: 34, Close ADX w/ +DM & -DM: 14, Threshold 20 We use the Simple Moving Averages channel to determine if we have a Long or Short Signal. The Momentum indicator is used as a confirmation indicator to confirm if we have a trend starting We use the ADX indicator with both Positive and Negative Movement to determine both the Direction and the Strength of said trend. We also use it to confirm if the pair is Consolidating or not. Here are the Rules: Long entry: Closing Price must cross above High MA AND Momentum must be above 100% level You can also use the ADX to determine the strength of the trend and when you should be pulling your trades out. Long Exit: You should be pulling out if you see consolidation or whenever you feel confortable. This is mainly a personal preference. I personally prefer pulling out after about 50 pips and I'm seeing a lot of consolidation. Short Entry: Closing Price Must be Crossing under the Low MA AND Momentum must be falling below 100% level Short Exit: Refer to Long Exit. If you have any questions, comments or ideas on improvements, feel free to leave a comment or send me a PM.
Education
by RagingSniper
2
3 Phase Projection (Read Description) As shown by the chart, I have projected 3 phases for OIL in the future. The biggest unknown is the time frame exactly each phase will take place. Phase 1: Oil has a massive short term increase in price due to OPEC+ coming together and agreeing on production cuts. Here's why I think that's going to happen: There is not a single oil producing nation that can withstand prices per barrel this low in the long term. All of their balance sheets will be significantly damaged if oil prices remain this low, with many companies going bankrupt. Russia is the country that has agreed to meet up again to discuss production cuts. When OPEC+ disbanded a few weeks ago it was due to Russia and Saudi Arabia not coming to an agreement. Now they are both meeting with one similar goal in mind: to cut production and increase prices. There is only one reason these nations would go back to the bargaining table: to come to an agreement. The only question is how significant the cuts will be. Phase 2: Although prices will increase from news of a new OPEC+ deal and cuts in supply, the underlying fundamental situation (significant decrease in demand due to COVID-19) will keep prices low for the near term, and the selling will remain strong but not as heavy as the past month. I project this phase to last no more than 2 months from now. Phase 3: By summer, COVID-19 cases will be decreasing (and or will have already peaked), and businesses will resume normal operations. Therefore, oil demand will increase until it gets back to normal demand levels, probably by fall. This will be a more gradual price increase over a longer period of time. It may take 6-9 months from now for oil prices to reach the levels they were at before the COVID-19 global economic shock. What are your thoughts? Make sure to follow for more!
FX:USOILLong
by PerryWave
9
XRPusd short term outlook I like the price action on XRP,because in the last 2 days XRP showed bullish price action giving gains around 7% a day,While BTC was not performing that well,so that's very interesting to point out. -Since we are in a down trend you can try to short,but If you think to short i want to point out that i think XRP hit the bottom,so your gains will not very big. -I think that the price will come a bit down around 0.165-0.16 and will try to find support and consolidate and a trend reversal must follow. -My advice is to enter in a long position around 0.165-0.16 price range. -This is not a financial advice.This is just my analysis.So make sure to analyse for your-self and you are responsible for your trade or investment Have a nice day!
POLONIEX:XRPUSDLong
by CryptonikLion
2
Calm Before the Short...• Price should breakout by EOD Saturday. • ABCD pattern would suggest a much-awaited short that finds bottom between $110-$100. Fib .618 then suggests a decisive trend reversal at $103 at which point price should break $200+. • Sell between $138-$140 over the next 2-3 days. Don't get greedy. Sub $100 is a pipedream. • Bulls will be feverish in April. DISCLAIMER : I have no trading experience. Don't invest more than you're willing to lose and take my advice with a strong grain of sand. Also, please like if you agree -- comments and support cost nothing.
GEMINI:ETHUSDShort
by whatstheplay69
2
USDCHF - is Bullish Trend is Going to Reverse?Right now FX:USDCHF uptrend shows some weaknesses as price struggle to break above the daily resistance level. Furthermore, the descending triangle pattern indicates the selling pressure that builds on this pair. with all of these technical factors, If the price broke below the local structure level, then we can anticipate a bearish trend rotation. Disclaimer: Trade Revenue Pro’s view on the Forex Charts is not advice or a recommendation to trade or invest, it is only for educational purposes. Don’t Blindly Buy or Sell any Asset, Do your own analysis and be Aware of the Risk. Keep in mind, These are Just Market Predictions and not a Trade Signal or Trade Ideas, At Trade Revenue Pro We are Using Daily Time Frame to Identify Major Price Movements and Push Down 4-Hour Time Frame to Get Favourable Risk to Reward For Our Trades, Furthermore, We are Using Tight Risk Management Method to Preserve Our Trading capital. Trade Analysis from - Trade Revenue Pro
by RevenueTrader
AUDJPY - Trend Reversal Trade OpportunityPrice just broke above the local structure level and with that previous downtrend is now invalidated. Also, the head and shoulders pattern at weekly support indicate a strong trend reversal signal. When considering all these technical factors we can expect a bullish price movement. If the price starts moving higher, we will closely manage our risk and always focus on cut our losses short. Disclaimer: Trade Revenue Pro’s view on the Forex Charts is not advice or a recommendation to trade or invest, it is only for educational purposes. Don’t Blindly Buy or Sell any Asset, Do your own analysis and be Aware of the Risk. Keep in mind, These are Just Market Predictions and not a Trade Signal or Trade Ideas, At Trade Revenue Pro We are Using Daily Time Frame to Identify Major Price Movements and Push Down 4-Hour Time Frame to Get Favourable Risk to Reward For Our Trades, Furthermore, We are Using Tight Risk Management Method to Preserve Our Trading capital. Trade Analysis from - Trade Revenue Pro
Long
by RevenueTrader
1
$AMD Trend Reversal( Elliot+Divergence)We can see at the 1-hour chart of AMD stock that: 1. ELLIOT WAVE We see the 1,2,3,4,5 and the A,B,C completion of the cycle and the C probably will lie in the green rectangular zone possibly test the support zone at 34$ . 2. Regular Bullish Divergence We see in the price chart that the price at 27 of February was at 41$ and then until now is falling around $37, when the rsi in the same period is going up from 22 to 48. So from the two these factors i expect a strong uptrend in the future and it will test the resistance at 52$ and will see if it breaks it.
NASDAQ:AMD
by we_axolotl
S&P 500 Bearish Engulfing+2 Following Shooting StarA closer look at the month of February shows that we had a bearish engulfing candle + 2. A bearish engulfing candle is one where the high of the candle and low of the candle completely engulfs the previous candles high and low(shown with blue lines) and indicates a potential reversal to the downside. The +2 indicates that the bearish engulfing candle not only engulfed the previous candle, but also engulfed the two candles before the preceding candle as well. February’s low was .10c above October 2019’s low which kept this from becoming a bearish engulfing +3. While this bearish engulfing candle on its own is bearish, a trend reversal isn’t confirmed until/unless we see a price move lower on the following candle(March 2020). If March price moves and closes lower than February’s low it can be viewed as a trend reversal and end of the 10-year bull market rally. February’s bearish engulfing candle comes on the heels of a shooting star candle created in January of 2020. A shooting star candle is a bearish candlestick with a long upper wick with little or no lower wick. Shooting stars appear after an uptrend in price. The distance between the highest price of the candle(top of the upper wick) and opening price(top of the candle body) must be twice the distance of the candle’s body to be considered a shooting star; the upper wick must be twice the length of the candle body. Shooting star candles are most effective when they occur after a series of three or more consecutive rising candles, which this chart shows. We now have two bearish candles on the chart with last months shooting star and this months bearish engulfing, both of which indicate that a top in price has likely been made.
SP:SPXShort
by PrepForProfit
IRBT Shorts "Sweep" in the Cards?IRBT - I'm expecting a move up. What I like: - Half-assed inverse head and shoulders on a daily - Start of an uptrend (albeit disorganized and choppy) - Relative strength with the indexes down over 1% - Holding closest symmetry support at $50.20 - Cluster of symmetry support from $47-48.33 with the uptrend line -786 fib retracement at $49.31 - Big ass gap above Beyond the technicals, my intuitive/dowsing approach is hinting at a short squeeze and move higher; and with 50% of the shares shorted (as I understand it), that could be F-U-N!
NASDAQ:IRBTLong
by JenRz
S&P500 gets its pullback? Possible reversal trendlines - The SPX500 index has had a 9.7% sell off for the past week. Looking back at the chart's history (avoiding recessions) these sells offs usually range from 8% to 12% before they pullback or reverse trends back to bullish. - - The purple trend lines show relevant prices where there could be a pull back or reversal within the sell of percent range that we've seen before and the green trend line is where im most expecting it to pullback. - - - Should the price reach the lowest purple trend line, this would be 17% sell off. This would be a nearly identical trend seen recently between December 03, 2019 and December 25, 2019 where price dropped 17.5% before changing to the bullish trend. IMPORTANT: There are small signs of Divergence between RSI and Price chart but ZERO signs of divergence on the Daily chart. Watch for what Time Frame has the clearer sign of Divergence to know the magnitude of the pullback. Below is a ling of a my previous Idea on SPX500 showing the type of Clear Divergence.
OANDA:SPX500USD
by CrisBarr96