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Wave Analysis

Bitcoin Live Trading - Price Action and Volume Patterns Volume patterns in Bitcoin live trading can provide valuable insights into market trends and potential price movements. Here are some key volume patterns to watch: 1. **High Volume with Price Increase**: - Indicates strong buying interest and can signify the start of an uptrend. - Often accompanied by bullish sentiment. 2. **High Volume with Price Decrease**: - Suggests significant selling pressure. - Can indicate the beginning of a downtrend or a correction in the market. 3. **Low Volume with Price Increase**: - May indicate a weak rally with less conviction among buyers. - Often a sign of an impending reversal or correction. 4. **Low Volume with Price Decrease**: - Indicates a lack of selling pressure. - May signal a potential bottoming out and possible price reversal. 5. **Volume Spikes**: - Sudden increases in volume can indicate major news or events impacting the market. - Important to analyze the context and price movement alongside volume spikes. 6. **Volume Divergence**: - When price moves in one direction but volume moves in the opposite direction. - Often signals a potential reversal in the price trend. 7. **Volume Trends**: - Consistent increase in volume over time can signal strengthening trend. - Consistent decrease in volume can indicate a weakening trend. Understanding these patterns can help traders make more informed decisions. Additionally, combining volume analysis with other technical indicators can provide a more comprehensive view of the market. Do you have any specific patterns or scenarios you're interested in exploring further? Follow Us for more insights!
CME:BTC1!Short
by VolumeDayTrader
EUR/USD Bullish Setup and Key LevelsThe low of June 14, 2024, created a Trend Changing Pattern making a high of 1.07614. We then saw a discount towards the low but failed to make a new low. On Monday 24, June 2024 we saw a Bullish break of Structure making a high of 1.07465. The pullback low of 1.06836 before that bullish move is the Key price that gives us a high probability of bullish activity as long as the price stays above 1.06836. Based on the price information, our high probability trade is to buy a 15Mins close above 1.06994. Stop Loss: 1.06836 Target 1: 1.07465 Target 2: 1.07614 Think in Probability: As traders, you must be careful to align your behavior and expectations with the following principles: - Anything can happen - An EDGE is only an indication of one thing happening over another - There is a random distribution between wins and losses - You don't need to know what will happen in order to make money in trading.
Long
by Charts247TradingAcademy
1
BTC Bitcoin Elliot wave Theory analysis These are the structures ive seen playing out so far. According to how i interpret Ellot WaveTheory , Bitcoin's price action chart is forming wave 4 out of 5 so i am still leaning bullish long term ( aka: i dont think bullrun is over ) to bearish short term ( we still have to complete a retracing wave 4 ) If you have a completed elliot wave structure (primary count 1-5) completed , id like to see the other side of the analysis , maybe i missed something but i am bullish still AFTER the corrective wave 4 has completed. I can totally be wrong thats why ask for antithesis chart but i am remaining bullish until i see a chart stating otherwise. no weekly rsi or MACD bearish divergences indicating a top YET also so im still in for the LONG PLAY ...
BITMEX:BTCUSD.PLong
by danomano
Daily market analysis tomorrow 26th JuneDaily Show on NIFTY, BANKNIFTY, FINNIFTY and USDINR, where we try and predict the market direction for tomorrow by technical analysis, Open Interest (OI) data analysis, FII DII data analysis and much more. This show gives insights into the market and is especially useful if you are a beginner who has just started options trading and wants to learn how to trade using price action and other chart techniques. Disclaimer: This is not an investment recommendation, advice, research report, or stock tip of any nature. We are doing this only to understand how to read derivative data and perform technical analysis. Strictly for educational purposes only. #nifty50 #banknifty #nifty50prediction #usdinr #optionstradingstrategy #technicalanalysis #tradingforbeginners #niftyprediction #sharemarkettrading #marketpredictiontoday #priceaction #usdinrprediction #niftytechnicalanalysisfortomorrow #tradingchartanalysis #usdinrtradingstrategytomorrow #openinterest
NSE:NIFTY
by littlesubham
GBP/USD Breakdown Analysis 1.21RR% - Comprehensive Multi-TimeHello Traders, In today's breakdown of the GBP/USD pair, I share an in-depth analysis covering both higher and lower time frames. Whether you are a beginner or an experienced trader, this video aims to provide valuable insights and education to enhance your trading skills. Key Points Covered: 1. Higher Time Frame Analysis: - Overview of the current trend and key support and resistance levels. - Examination of major chart patterns and their implications. - Long-term price action and fundamental factors influencing the pair. 2. Lower Time Frame Analysis: - Detailed look at recent price movements and short-term trends. - Identification of potential entry and exit points based on technical indicators. - Strategies for intraday and swing trading. 3. Educational Insights: - Explanation of technical analysis concepts used in the breakdown. - Tips on how to combine multiple time frame analyses for more accurate predictions. - Practical advice for managing risk and improving trading discipline. I invite you to watch the video and share your thoughts and comments. Let's learn and grow together as a trading community! Happy Trading! Abdul Kalk Mohamed Afrideen
Short
by AfrideenAyanAimen
Crude Oil live trading with Weis Wave Indicator (Wyckoff)Indicator is provided by VolumeDayTrader.com The Weis Wave Indicator, often referred to as the Wyckoff Wave Indicator, is a technical analysis tool based on the principles of Richard D. Wyckoff. It was developed by David Weis and aims to visualize price and volume relationships to better understand market dynamics. This indicator is particularly useful in identifying accumulation and distribution phases, as well as the strength of trends. Key Components of the Weis Wave Indicator Wave Counting: The Weis Wave Indicator aggregates volume for each price wave (a directional move in price). This aggregation helps in understanding the strength and duration of each wave, providing insights into supply and demand dynamics. Volume Analysis: By associating volume with price waves, traders can discern whether a wave is supported by significant buying or selling pressure. High volume on an upward wave suggests strong buying interest, while high volume on a downward wave suggests strong selling pressure. Trend Identification: The indicator helps in identifying the direction and strength of trends. Consistent high-volume upward waves indicate a strong bullish trend, while consistent high-volume downward waves indicate a strong bearish trend. How to Use the Weis Wave Indicator Identify Waves: The indicator identifies price waves by aggregating volume for each directional move. These waves are then displayed on the chart, often as histograms or bars representing the cumulative volume for each wave. Analyze Volume Patterns: Look for patterns in the volume associated with each wave. For example, increasing volume on successive upward waves suggests increasing buying pressure, while decreasing volume on upward waves might suggest weakening demand. Assess Market Phases: Use the indicator to identify accumulation and distribution phases. During accumulation, you might see lower volume on downward waves and increasing volume on upward waves. During distribution, you might see the opposite. Confirm Breakouts: When the price breaks out of a trading range, use the Weis Wave Indicator to confirm the breakout. A breakout with high volume on the wave suggests a strong move, while a breakout with low volume might indicate a false move. Practical Applications Trading Range Analysis: In a trading range, analyze the volume associated with up and down waves. Increasing volume on up waves within the range can indicate accumulation, while increasing volume on down waves can indicate distribution. Trend Confirmation: Use the Weis Wave Indicator to confirm trends. In an uptrend, look for higher volume on up waves and lower volume on down waves. In a downtrend, look for higher volume on down waves and lower volume on up waves. Entry and Exit Points: The indicator can help identify potential entry and exit points. For example, enter a long position when an upward wave with high volume breaks a resistance level. Conversely, exit when a downward wave with high volume breaks a support level. Conclusion The Weis Wave Indicator is a powerful tool for traders looking to apply Wyckoff’s principles to modern markets. By focusing on the relationship between price movements and volume, the indicator provides valuable insights into market behavior, helping traders make more informed decisions. Whether you're identifying market phases, confirming trends, or pinpointing entry and exit points, the Weis Wave Indicator can be an essential part of your technical analysis toolkit.
NYMEX:CL1!Short
by VolumeDayTrader
GER40: The structure pull-back strategy in actionGER40: The structure pull-back strategy in action From our previous analysis the price tested the broken structure near 18370 as expected by offering in this way a selling opportunity. The structure pull-back strategy is used after a broken structure. It allows you to join the market at a specific moment following the breakout direction. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Previous analysis:
PEPPERSTONE:GER40Short
by KlejdiCuni
2
GER40 may test 18300 before moving lower againGER40 may test 18300 before moving lower again From our previous analysis, GER40 decreased after a larger transformation than expected. These days it is possible that GER40 may rise up to the structure area located near18300 before resuming the decline again. This is what GER40 is showing with the current data. The first and strongest support/target area is found near 18K. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
PEPPERSTONE:GER40Short
by KlejdiCuni
22
AUD/CHF Short, EUR/USD Short and EUR/NZD ShortAUD/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
NZD/JPY Short, EUR/AUD Long and AUD/CHF ShortNZD/JPY Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of value. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/AUD Long Minimum entry requirements: • 1H impulse up above area of value. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it. AUD/CHF Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
by StewySongs
Elliot Wave 3-4 : FINAL Correction before NEW ATHI've been watching this bearish M-Pattern for some time, and I still believe this is a multi-month playout towards a new ATH: This lines up with my initial correction target using Elliot Wave Theory: We see a very clear Double Top play out in the Total Chart, also indicating that it's time for a correction: HOWEVER - I expect the bulls to be ready and sweep in lower prices when the right support zone is reach (whale zone), which seems likely to be in the 40k zone. It won't be a straight line down - again, a multi-month playout is likely. _______________________________ CRYPTOCAP:TOTAL BINANCE:BTCUSDT
CRYPTOCAP:TOTALShort
by CryptoCheck-
Total market capitalization decline1) Total market capitalization declined has confirmed. This is one more argument that the price action since December 2022 is a bear structure. 2) Right now, Bitcoin price has gone under the 2009 trend line. The single relatively safe entry point to i see on BTC for speculations is 38k. Due to massive SMA support there the pattern might be more complex than straight ABC structure. 3) 5 ways down is never the end of a structure, according to Elliot waves principle. There are no certainties in the market, only probabilities, so the bearish scenario is invalidated if BTC price fixes above 74 thousand, within 2 days. Find more morę arguments in previous postings. Good luck in your trading and have a massive profit!
CRYPTOCAP:TOTALShort
by dogecoin_chain
EUR/AUD Long and AUD/JPY ShortEUR/AUD Long Minimum entry requirements: • 1H impulse up above area of interest. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it. AUD/JPY Short Minimum entry requirements: • 1H impulse down below area of interest. • If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it. • If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, risk entry within it or reduced risk entry on the break of it.
by StewySongs