Get started

Volume

The USDJPY correction is coming to an end H4 26.09.2024The USDJPY correction is coming to an end The yen is now forming a correction and the price has hit the marginal resistance zone around 145. From it I expect a bounce down to test the lower boundaries. Also, there was a rotation in the area of the zone in the past and periodically rebounds were made. Therefore, there is a probability that this time they will be able to bounce down at least locally. I don't see the options falling further than 139, but I aim for 140 approximately. OANDA:USDJPY
Short
by KovachTrader
2
MCD Mcdonalds is breaking out of the rectangle.MCD stock is breaking out of the rectangle with the 13 days Elders Force Index above 0. This is a good signal to Buy and set the target as the height of the rectangle shape The rectangle pattern forms when the price moves within two horizontal lines—one acting as resistance (upper line) and the other as support (lower line). This typically indicates a period of consolidation where buyers and sellers are in relative equilibrium. Duration: The rectangle can last for a few weeks to several months, depending on market conditions. The longer it lasts, the more significant the potential breakout may be. This breakout is significant as it has lasted for many months on end. Direction of Breakout: Bullish Breakout: If the price breaks above the resistance level, it suggests that buying pressure has overcome selling pressure, potentially indicating the start of an upward trend. Volume Confirmation: A breakout is more reliable if accompanied by increased trading volume. High volume during the breakout suggests strong interest and conviction among traders, lending credibility to the price movement. This is why we use the 13-day Elders Force Index Psychological Factors: Breakouts often attract attention from traders and investors who may see the movement as a signal to enter or exit positions. This can create momentum in the direction of the breakout. Conclusion In summary, a breakout from a rectangle pattern signifies a shift in market sentiment and can lead to a new trend. Traders watch for these breakouts closely, as they provide opportunities for profit, but it's essential to consider confirmation through volume and other technical indicators to avoid false signals.
NYSE:MCDLong
by lawmuic
Unlocking the Technical Tapestry of ZEELAs we delve into the intricate world of stock market charts, ZEEL presents an intriguing case study in its daily trading canvas. A descending trendline dominates the landscape, artfully connecting lower highs and painting a picture of restraint in bullish momentum. This pattern suggests that sellers have consistently entered at lower price points, applying downward pressure on each attempted rally. Beneath this overarching theme lies a battleground marked by trend line representing key support and resistance levels. This line is testament to the tug-of-war between buyers holding ground and sellers pushing back, encapsulating zones where significant transactions have historically occurred. Amidst this struggle for supremacy, volume bars stand tall like sentinels at the bottom of our view, their peaks and troughs offering clues about trading intensity at various price points. A surge in volume accompanying price movements can often signal strength behind those moves. Complementing our visual saga is a unique application of technical analysis: MACD applied to OBV (On-Balance Volume). This combination provides a nuanced view of momentum and volume flow. The MACD on OBV helps traders identify shifts in buying and selling pressure, offering a deeper insight into the underlying strength of price movements. When the MACD line crosses above the signal line on OBV, it can indicate increasing buying pressure, while a cross below may suggest rising selling pressure. In summary, ZEEL’s current technical setup paints a cautious tale with bearish undertones as evidenced by its descending trendline. However, within this framework lies opportunities – moments where support holds firm or resistance gives way could signal pivotal shifts worthy of an investor’s gaze.
NSE:ZEELLong
by stocktechbot
Important update WTI. H4 26.09.2024WTI Important update Past WTI oil buys didn't manage to get fully developed and the overall correction ended near the nearest resistance at 72.00. On the downside, large volume was poured at 69.65 and eventually gave a push to the downside, thus forming a sellers zone. I believe the overall upward correction is over and will break the lower boundary with downside potential to 64.50 to the block option spread. Then we will watch the culmination below if given, but for now selling is the priority. BLACKBULL:WTI
BLACKBULL:WTIShort
by KovachTrader
Trendline Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. Trend line Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart. Exit With in 5 Days Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think
NSE:SMLT
by AnsariTV
Analyzing NVIDIA’s with Fibonacci Retracement and TrendlineIntroduction In this post, we delve into the technical analysis of NVIDIA Corporation (NVDA) using key indicators such as Fibonacci retracement, trendlines, MACD, and OBV. This analysis aims to provide insights for traders on potential trading strategies based on current market conditions. Chart Analysis The daily timeframe chart for NVIDIA shows a Fibonacci retracement drawn from the recent high (100 level) to the low of the past 200 days (0 level). This retracement highlights key support and resistance levels that are crucial for understanding potential price movements. Trendline Resistance A descending trendline drawn from the recent high acts as a significant resistance level. The price has attempted to break this trendline twice but failed, indicating strong resistance. As the price approaches this trendline again, traders should be vigilant for potential breakout or rejection signals. MACD and OBV Insights The MACD applied on the On-Balance Volume (OBV) indicator suggests that the volume is in a consolidation phase. This indicates market indecision, likely influenced by global economic cues. The MACD’s momentum signals combined with OBV’s volume trends can provide valuable insights into the stock’s future direction. Trading Strategy Given the current setup, traders can consider the following strategies: Long Entry: Wait for a confirmed breakout above the trendline resistance. This could signal a bullish move, providing an opportunity for a long position. Short Entry: If the price gets rejected at the trendline and starts to move downwards, it could be a signal to enter a short position. Conclusion NVIDIA’s stock is at a critical juncture with the price nearing a significant resistance level. By combining Fibonacci retracement, trendline analysis, MACD, and OBV, traders can make informed decisions. Stay tuned for more updates and insights on TradingView! Feel free to share your thoughts and trading strategies in the comments below. Happy trading!
NASDAQ:NVDA
by stocktechbot
EUR/USD - Short PositionFeeling a downward trend is coming for the currency pair for the next 24-48 hours: - Recently overbought, but made a reversal recently below the 70 mark (typically price action I use to determine a switch in the trend). - Good set of resistance (as indicated by the red). - VFI has just about started to drop, hoping to see a slightly stronger bear takeover. I'll be closing the position when/if: The RSI drops to 30 or below The VFI drops below the median Happy trading!
Short
by FytaLO
American Airlines AAL approaching an important level AAL is on a 30 minute chart. It had a big downtrend for the first week of the month and then consolidated in a tight range and then a retracment trend up. Price has reached the top of the high volume area of the volme profile. It is near to the standard Fibonacci retracement zone tooled onto the chart. This zone from above rejected price on March 7 and 8. AAL has had news of late about baggage problems but then came the news about an agreement about expansion and remodeling at O'Hare in Chicago. I will watch AAL here, it make break through the zone and then rise as much as 5%. However, it could be rejected and 5% into its support based out during the consolidation.
NASDAQ:AALLong
by AwesomeAvani
3
USDCHF is stuck in flat. H4 25.09.2024USDCHF is stuck in flat On the franc since last week sat in buys, but the growth did not get. The movement in flat with testing of borders continues. Ideally, we would like to see the lower boundary down to the area 0.8300-0.8340 and then the beginning of growth. However, there is a local support of the lower boundary and 1/2 margin at 0.8400 on the way. Let's see how we will pass it and if it will pass. On options we are trading in the oversold zone. I closed the previous buys in a small plus and I will look for a new re-entry if clear volume conditions are given.
Long
by KovachTrader
XAGUSD. Trading opportunityHello traders and investors! Daily Timeframe Analysis On the daily timeframe, the price has formed a sideways range that began in April. The upper boundary is 32.5185, and the lower boundary is 26.0185. The buyer's vector 8-9 has reached the target of 31.755 (see the previous post). There are no signs of a reversal yet to indicate the realization of the seller's vector 9-10, with a potential target of 26.471. 4H Timeframe Analysis On the 4-hour timeframe, the price has formed a sideways range below the level of 31.755. The upper boundary is 31.4335, and the lower boundary is 29.7085. Currently, the buyer has broken through the upper boundary of the range. If the buyer defends the 31.4335 – 31.755 range, it is possible to look for buying opportunities, with a potential target of 32.5185. Good luck with your trading and investments!
OANDA:XAGUSD
by AlexeyWolf
BNBUSDT. Trading opportunityHello traders and investors! Daily Timeframe Analysis: On the daily timeframe, the sideways movement that began in March continues. The upper boundary is 721.8, and the lower boundary is 495.8. The buyer's vector 10-11 is relevant, with a potential target of 645.2. Two days ago, the buyer overcame 598 and reached 605.6, where volume accumulation started. If the buyer defends 598, the next targets are 635 and 645. Hourly Timeframe Analysis: On the hourly timeframe, there is an uptrend. The level marking the beginning of the last buyer's impulse is 587.9. I will be watching the buyer's reaction at the levels of 598 and 587.9. Good luck with your trading and investments!
by AlexeyWolf
QQQ and SPY comparison in uptrendComparing QQQ and SPY we can that they still both hold up above the support lines. QQQ and SPY are now showing to hold above their long term downward trend, signaling a turn around RSI still remains pretty stable on both with only slight weakness on SPY MACD on both showing leveling off with slight down ward move forming. Volume is looking to decrease lately This upward trend breakthrough remains fairly strong so far. Its looks like the down trend we have been dealing with for the past 2 months may be coming to an end now overall. Since we still have October to go through, its certainly possible to get one more sell off before we go into a full bull swing.
AMEX:SPY
by ratchet-mint
30% GAIN with Break and retest Premarket Low Strategy In this video, I'll walk you through how I achieved a 30% gain using the Break and Retest strategy based on the premarket low. I'll explain how to identify key levels, set up the trade, and manage risk. You'll see the entire process, from analysis to execution, with clear examples of how the premarket low acts as a pivot point for entries and exits. Whether you're a beginner or experienced trader, this strategy could help you make smarter trades and capitalize on market movements. Watch until the end for tips on improving your own day trading setups!
AMEX:SPYShort
by carsonusa5
CAD/JPY Day Trading analysisOn CAD/JPY, it's nice to see a strong buying reaction at the price of 104.940 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale
USD/JPY continue with the UptrendOn USD/JPY, it's nice to see a strong buying reaction at the price of 142.3 . There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. Uptrend and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Dale
by Trader_Dale
Technical Analysis on FedEx (FDX)Despite the long- and short-term uptrend, FedEx stock displays some peculiar behavior, with frequent gap ups and gap downs, mostly occurring around earnings reports. Some gap downs have reached up to 20%, but were quickly filled shortly thereafter. Recently, the stock reached its all-time high, only to be rejected. Therefore, the $320 area serves as a strong resistance (RES) that needs to be broken for the stock to resume its bullish trend. Bullish Scenario Following the release of the latest earnings report and declining revenue, the stock dropped 15% in a single day, creating a new gap down. With this decline, the price is now approaching a key volume area, the POC zone around $250. This area could act as support, containing the price and potentially initiating a rebound. Bearish Scenario If the POC area fails to hold the price, the stock could continue its decline toward a static support zone around $200. FedEx remains an interesting stock to watch, especially considering how it reacts in the coming weeks and its ability to maintain key support levels.
NYSE:FDX
by Giovanni_Bandini
1