BOIL is in a strong downtrend. The daily chart has hit a new low But the 1-hour chart has now become "extended" Remember there are 5 waves in an average trend. Once the trend becomes extended, the price likes to break above the 50 SMA to "recalculate" and continue or "recalculate" and reverse. We love both right? The question becomes, which direction will...
Hey Gang! We have a NEW supply zone on both the 1 hour and 15 minute charts. Notice how the CCI on the 1 hour (middle chart) dropped below -200 and remains below the zero line! We also have downward momentum on the 4 hour chart! So what the heck does that mean you say? It means Momentum and Trend are in the same direction across multiple timeframes! We...
Here are the best timeframes to use on RDDT mostly because we don't have a ton of data on it yet. In this tutorial, I will explain all 3 timeframes and how to use them in your analysis. Enjoy!
Here are the steps to ANY trend reversal. 1. Look for an extended trend that is in its 5th wave. 2. Use an exponential moving average crossover to make an objective reversal signal (black plus sign) 3. Pivot candle formation 4. Break of the previous structure high 5. Formation of new structure high 6. CCI breaks above +100 7. Apply your favorite trading...
Here's what's going on right now with RDDT on the 4 hour chart. We need to see this demand zone hold on the pullback and then a break above close above the previous high. Always understand the context of the highest timeframe before you apply any trading strategy.
Here is the context of the high timeframe chart. We are hitting trendline resistance and going into a daily supply zone. We had a retest of the previous low. You can now apply the context of this current analysis to your favorite trading strategy.
Supply and demand zones for Wheat on the weekly chart. Once you enter the zone, look for the lower timeframe reversal patterns, extended waves, classic trendline breaks, etc. Drop down to the Daily for refined supply and demand zones. Drop down to 1 hour chart for the current trend after you see the reversal pattern.
4 hour chart: trend, cycle, and momentum are all up. 1 hour chart CCI is above +100 and the trend is up 15 min chart: trend is up and support is at the 50 SMA this is also the 50 SMA on the 1 hour chart 1 hour demand zone RBR formation $200 risk with 5 contracts
We are coming into WEEKLY Demand on Wheat. Wait for the "reaction" inside of this demand zone on the 5 minute chart to start going long.
We are continuing to make big bucks on GOLD Hitting strong supply zones Downtrend on 4 hour and 1 hour charts Get in the game!
4 hour and 1 hour charts are in a downtrend 15 min supply zone hit Momentum is down on the 1 hour chart Our trading system is pointing out the best entries and exits. We get all of this information to our phones in the form of a text. Take the trade, set your risk and let the market do the rest. If this looks like a system that you would like to trade then...
Crude oil is at all time highs as it pulls back into todays opening range. this is also a 15 minute demand zone. Entry at previous weeks high Stop loss is right below structure on the 15 min and 1 hour chart.
Copper JUST missed our supply zone entry located above the opening range. Very Clear DBD (drop base drop) formation on the 15 min chart. We called this out today in the live room. Hopefully we get another shot at this. You never know what is going to work. You can only trade what you see taking place on the chart at that moment.
This is a classic setup for the retest of the opening range on gold. Price pulls back to the 15 min supply zone which is also inside of the opening range. Target hits 2:1 and still going!
4 hour chart is entering the 7th wave 1 hour chart is entering the 11th wave 15 min chart is inside of the 4 hour supply zone (market edge. We might get a double top or a retest of this area and a deep pullback to 2152.8. At this point the 1 hour trend will recalculate. However if price follows the 4 hour pullback then we could see a drop all the way to 2095.
4 hour downtrend is extended and reaching the 8th wave. 1 hour chart is still showing a downtrend but price is trying to break above the 50 SMA. We saw a full trend reversal on the 15 and 5 minute trend with a clear break of structure. I took an aggressive entry and have a target set at 2:1
The TrendCloud System is specifically designed for Trend Following and Trend Reversal Trades. It will show you when the Trend has become extended and heading for a major level of support. In this case, its the 100 SMA. Start looking for the option chain on around this area or just wait for the TrendCloud Signal to go long. If you want to trade trend reversal...
Huge Move on Natural Gas just now. Here is the step by step setup. 4 hour trend was extended. MACD bullish divergence was also very strong. 1 hour CCI was above +100 15 minute TrendCloud signals were sent right to my phone and alerted me to the trade. Small $200 risk and we are now over $1000 in the green. If you like trading trend reversal trades then...