REJECTION SETUP now we can see the POC become strong resistance we expect rejection to the HVN as support level to back to the up trend retest it or cross it
as shown on the chart
Volume Profile
TERM OF BEARISH pair reach the strong weekly resistance level
also we have CRAB pattern has been completed we will take short positions to the support levels as shown on the chart
Volume Profile analysis aided by Patterncast Macro for TimingPatternCast Macro Market signal has been indispensable for timing these moves framed by the Volume Profile analysis.
GBPJPY LONG TRADE GBPJPY broke through short term downtrend line upward from demand zone around 142.500
price above SMA 100
MACD shows start of bullish momentum
price forming shark harmonic pattern
confirming bullish movement to supply zone around 144.500
GOLD LONG TRADEgold rebounded from uptrend line breaking through SMA 100
price at the end of bearish correction wave 4 from elliot waves ,start its bullish impulse wave 5
MACD shows start of bullish momentum
RSI above 50
so its expect further buying to supply zone around 1600
GBPAUD LONG TRADE gbpaud based on demand zone around 1.92000
price above SMA 100
RSI formed double bottom pattern broke through neckline above level 50
MACD shows bullish momentum
so its expect bullish movement to supply zone around 1.95000
AUDUSD BUY CHANCEaudusd upwards from demand zone at level 0.68600
based on short term uptrend line
and small flag pattern
RSI above level 50
MACD shows bullish momentum
price forming batt harmonic pattern
confirming upwards to resistance area and harmonic pattern target around 0.70400 .
Bounce around some then up again (5/27/2019)I analyze the price of COINBASE:BTCUSD to do something similar as seen on chart.
They want the price higher and will most likely do some weird "liquidating" type moves in both directions before moving to the next price range higher.
Volume is the biggest indicator in crypto, in my opinion, and the hardest to predict as to when it will come. Setting volume alerts are one way of sort of knowing. Or just being present when it does come(but who wants to live like that?). It is also worth noting that in cryptos we get to see ALL of the volume information unlike say Forex( FX:USDCAD or FX:GBPJPY ) and/or OANDA:XAUUSD
Any thoughts? Let me know. I love to learn
Potential ~250 pip SHORT on EURJPY - Magic Fibo?I've had a lot of success trading these 'magic fibo' numbers.
IF the price comes up to test the 61.8% retracement (~129.895) of recent down move, test it, fails to break through, reverses, we have a pretty, pretty good look here to make a high probability swing trade down.
We are looking to IDEALLY take profit at ~127.337.. I felt that volume profile was showing me some pretty good support around that area, so I drew a pretty large 'take profit' box. I'll be looking to take profit anywhere in that area.
250 Pips if it works!
I'll update with more info if I find any.
Long FEYE1/24/2018 FEYE has been on my radar for a while. This lackluster stock has not moved above its resistance and has yet to have a profitable year. Fourth Quarter 2017 should be close to breakeven for this company. Need to pay attention to the earnings release.
Technically, it has created a nice bell shape (normal) distribution on the profile with a point of control that has not moved since May of 2017. This auction is sort of complete and is ready to move. Since price has stayed above the Point of control, my bias is to the long side. I am entering a small long at 15.30. Upon clearing resistance around ~20 I will be adding to the position on the pullback at ~19.00.
Setting up alerts on TradingView to get an email when this happens
GBPUSD: Long term bullish recovery scenarioWe have a good chance of recovering if all goes well with the Brexit negotiations.
GBPUSD: Bullish recovery scenarioI think we have a good chance of recovering if all goes well with the Brexit negotiations.
Short Time By useing the volume profile, you can identify areas of high trade activity and high volume at each price level. This will allow us to see areas that act like a "magnet" to pull price into these high frequency zones.
Gold Rallies at End of Day. Will it Continue?Gold fell to a new 2 week low during Wednesday's trading. That is, until the end of the day when the administration's tax plan was released and Gold rallied higher to close the trading session. However, Gold met resistance at the 21 day moving average and if you look at the Heikin-Ashi chart below, today's trading ended in a strong red Heikin-Ashi candle. That begs the question of whether or not the spike was an anomaly or not. The haDelta indicator is still red. I am still bearish and holding onto my short positions.
As I mentioned last night, there is a strong trading range from 1245 - 1265. I've now outlined that area with a green rectangle. I've also added 2 volume profiles to the chart (you can see them in their entirety on the very bottom chart). The long term Volume Profile dates from the beginning of 2016 to today. What's interesting is that the Point of Control is smack in the middle of that trading range. And that also coincides with the 23% fib retracement of the current year's rally.
The Point of Control on the short term Volume Profile is nearly at the same level as the 38% retracement. If price does drop in the coming days, these would be the areas of interest.
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Disclaimer: This post is for educational purposes only. Trading is at your own risk.
Long - mt - 52 week pop watching mt which has been trading around its 52 week high. We had a breakout of the high recently which since pulled back and consolidated some. I like the volumes here showing some volatility with higher than usual volumes particularly on the swing low.
I think this one could pop with sector also outperforming if we come back up will look to place a buy stop just above $8.50 probably target around $10
Long EXPR3/3 EXPR has rejected the High Value are between 10.25 and 10.75. Due to the recent consolidation I am expecting a move higher with target at 12.50 just before the Low Volume Node and the 200 Daily Moving Average.
Long EXPR
Short TEX3/28/2017 TEX has left the balance area on top and is looking for support below. Next area of support (Target 1) is 28.50 and Target 2 will be the 200 Daily Moving Average.
long hbi expecting 50% gains took a small position in hbi as like to get in early if i can, Share prices have almost halved since the 4 for 1 split and i think some dividend investors could find interest at this level expecting 50% gains if goes well. will be looking to add after break of the downtrend. will update
