Watch 4H: The new MC inside a bigger MC has been shaped. If crosses and closed both EMA: Strong Bearish Target 1: $0.0002188, Target 2: $0.0001795 Strong Bullish Target 1: $0.0003356, Target 2: $0.0004137
The Weakest Candle A Spinning Top/Bottom (a candle with the same sized upper and lower shadow) is the weakest and the most important candle for us. Note that the body size of the candle is not important. We analyze it like this: 1. if it appears in the middle of a trend, we expect the trend to continue, as a medium-sized candle in the direction of the trend....
As we predicted earlier today, it is ranging now. For the 4-hour timeframe, we are in a ranging market; the uptrend is over. However, in the daily chart, the uptrend has not been violated. It is ranging folks! Be aware of it.
Daily Chart: Although there might be a Strong BoS, if the daily candle closed at $101,471 there might be a sharp retracement one or two days later. Then, there will be a ranging market. Strong Bullish ➡️ Target: $108,879 Strong Bearish ➡️ Target 1: $98,985.51 ; Target 2: $94,040 ; Target 3: $89,094.49 Analyze at the target.
As mentioned previously, when EMAs are close to each other, they become ineffective. This proximity warns that radical behaviour may be imminent, especially when the price is between them. When Bollinger Bands converge, a breakout is close to happening. The direction is unclear. This represents the absolute worst-case scenario a trader can encounter: do nothing!
Watch 4H: - No BoS, No minor trend! Strong Bearish ➡️ Target: $0.64 Strong Bullish ➡️ Target 1: $2.99, Target 2: $4.56 Analyze at target.
Question: I'm having a problem with finding the MC candle. What should I do? Answer: There are 3 distinct signs for us to know for a fact that we are in a ranging market which has been started from shaping an MC candle: 1. Inability for the price to make a new stBoS (seeing wBoS or no BoS at all). 2. For the second time, seeing a cycle of Pump&Dump happening. 3....
This is how we see the market. Only in three places can we see a minor trend. All in between is just price consolidation because it is a ranging market. And we expect it to happen after spotting candle "X"! For more information, please refer to Part One . When we spot a Master Candle (MC), We expect erratic behaviour from the price. Look at the white arrows to...
In this section, we will combine minor structure and momentum, along with MC and Bollinger Bands. We observed an uptrend, and then suddenly Candle "A" appeared. This indicates that the previous candle is a strong candidate for becoming an MC for us. Now, we need to analyze the market for signs that it may be transitioning into a ranging market. As we see: -...
When analyzing momentum, the most important question to consider is: Where should I focus my analysis of momentum? Many traders often find themselves confused by the concept of "momentum" as they try to derive meaning from every single candlestick movement. The straightforward answer is: Analyze momentum when the price is at key levels or is getting close to...
Watch 4H: new MC shaped Strong Bearish -> Target: 3,207.31 Strong Bullish -> Target 1: 3,499.92 , Target 2: 3,646.23 Analyze at the target.
To confirm a minor trend, we need to see a Strong Break of Structure (BoS) with the body of a candle, in the direction of the trend. This means in the ARZ Trading System, shadows do not count as breakouts for confirming a trend continuation. let's elaborate on the concept: - after receiving pullback from 13&20EMA in A, the previous low has been broken strongly and...
As we can see, the price has maintained a minor trend in #1. If we see the same thing in #2, the price will continue upward, and TP targets are based on MC high.
As we analyzed before ( read here ), the price movement on Cardano has been completed. It is trending upward now. The main entry point for the ARZ Trading System is when we have a pullback from more than one S&R level on the border of drawn MC boxes (#1). Either MC, LTP or UTP. Here we see sometimes this alignment will happen on 50% of the boxes, which is...
Like EMA, Bollinger Bands are famous indicators that can be used to analyze the market. We discussed the current usage of EMA in parts One , Two , and Three , and we will continue to do so. Now, let's talk about BB. In ARZ Trading System, we have a specific rule for this indicator, to find the best spot to enter the market. - BB settings: 20 period, 2...
Watch 4H: In the 4-hour timeframe (4H), the main market movement is evident. - The price has reached the upper target point (UTP) and retraced, which is normal in a ranging market. It could easily rise again to the UTP or drop to the lower target point (LTP). - Strong Bearish ➡️ Target 1: $86052, Target 2: $82574.65 - Strong Bullish ➡️ Target: $93007.89 Analyze at target.
For trend traders, analyzing the short and long-term trend direction is crucial. By usage of 20EMA & 13EMA, we can understand short-term trend direction and power. In future articles, we will look at Major Structure (long-term trend analyses). Keynotes: 1. When 20 is below 13 it means we are in an uptrend, and a Downtrend is when 20 is above 13. 2. EMAs should...
Our core belief in ARZ Trading System: Trading, is to have an "expectation" from the market. If not, at any movement, the trader will be confused! If you look at the market and don't have any expectations, don't trade! In a future article, we will discuss what to do if an expectation is not met. In the case of Pullback, Price is not a ball, and EMA (or any other...