Gold Short Trade 20200525Symbol: XAUUSD
Timeframe: 4H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals: 3 Yellow Ribbons
Entry @ 1730
SL @ 1771
T1 @ 1681
T2 @ 1651
Manual Stop Conditions:
If upper ribbons become Green with strong price moving up.
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9seasonsrainbow
BTCUSD EMA Ribbion; OBV EMAs & VStopBTCUSD has once again slipped the EMA ribbon on the 12h, as well as a trendline which can now act as resistance. It is very possible that price action will have a failed break out attempt and get rejected by the blue trendline once again as shown by the hammer
Further that, the OBV EMAS have crossed all bearish, with the 100 above the 20, above the 10, above the OBV. The OBV has no support from any of the EMAS. In addition, the OBV EMAS are divergent to the previous high, signaling exhaustion from the bulls.
This is how bad the OBV situation is with just some simple pattern recognition, on the arithmetic chart.
Further that, the new system I am looking at is suggesting a move to the downside as well. on the 12H we should have been short on volatility stops for a while and the 9Seasons rainbow is screaming reversal with red (bear) yellow (resistance) and light green (weak bull). The 9Seasons preponderance is bearish.
Volatility stops on the daily have flipped bearish and are well above the trendline that i expect to act as resistance. The 9Seasons rainbow on the daily chart at most timeframes is signalling either strong resistance (yellow) or weak bull (light green).
Log chart target settings are either blue falling trendline or black rising trendline.
Please review the lined ideas if you want to see similar concepts at play.
SPXUSD Volatility Stops and 9Season (4h, 12h, 1d)Partly working on a new indicator set so these ideas are part me working out my thoughts. see more at the bottom for those thoughts. The two volatility based stops, the VSTOP and the Chandelier, are both based off the average true range. Link to the 9Season idea
Key points for all timeframes
Support fails
Volatility stops flip bearish
(mostly) Bearish 9 season rainbow.
4h
Price action for the ending of both uptrend shows price action finally breaking the black trendline then consolidation at the red arrow before the next leg down with both the Chandelier and VSTOP creating a ceiling.
The 9 Season for the first bearish move showed yellow on multiple timeframes (which is clear resistance) and the lowest timeframe flickered lime green which is crazy overbought and generally unsustainable This current uptrend has flicked straight to bearish for 4 timeframes and at the highest timeframe has gone from yellow to lime green to weak bull. I expect it to go to bearish shortly as well.
12h
The volatility stop for both movements still show the price action slipped the trendline and the volatility stops created a ceiling. The last move down had yellow at the higgher timeframes which was proved to be very bearish. The higher time frames for this move down are still green for a bullish move but the lower timeframes are yelling exhaustion. With the 4h timeframes looking so bearish I expect the 9Season to look bearish on all timeframes shortly.
1d
for the last leg down the 9Season lagged a clear entry until the lowest timeframe went yellow to red and that was no better than shorting the trendline break. Also currently there is no daily signal on the 9Season. But the Volatility based stops were in pretty good agreement.
Currently the different volatility stops are not in agreement. The VStop said we should have gone short either the last trading day or the day before, using the VSTOP beneath the trendline as a sell stop (very provisional notion here) while the Chandelier has us stopped out. The chandelier would have had you in the uptrend trade from 2640 to 3000 which is pretty good. The Vstop would have had you on this uptrend from 2450 to about 2773 then if you reentered from 2773 to 3170. Not bad either but re-entering is psychologically difficult.
In conclusion
4h - Bearish and short
12h Bearish and short
1d Mixed, either close long and wait for clearer signal or use V-Stop
Not financial advise as I am not a certified market technician, and this is a new system I am trying to work on. Have the same problems as many, not letting my winners run and not cutting my loses soon enough so my account could have gone up a whole lot more than it did the last 4 months.
One thing I am looking at is changing the VSTOP and Chaelier setting to 2.1 or 2.2 to avoid some of those narrow wickouts . Prioritizing letting my winners run by giving them just a bit more space than getting a super quick entry. Other things I am looking at is doing some of my standard TA (MACD, OBV divergence, Bollinger band, etc) at one time frame, and then cutting the time fame in half to look for my entry. So if I am looking at a weekly chart for a move that could last months I would be looking at entry on the 3d chart. If I am looking at the daily chart for a move that should last a week or two? Maybe a month? Enter on the 12h (crypto, futures) or 4h (normie securities).
Still very provisional.
Quickpost on Gold (1w, 2w, 1D)Weekly
Weekly volume is falling
the OBV with EMAS shows that the OBV has hidden bearish divergence between peak to peak as shown by the blue arrows
the OBV is very tight against the 10 and 20 EMA. This suggest the next move would be the OBV to bearishly cross the 10 and proceed down to the 100EMAm if not below.
The MACD is showing a technical double top and
MACD histogram is showing bearish divergence.
Price action ran up against the bollingerbands and is now chopping sideways with weakening technical, not strengthening.
The black squares show how I think the price action will most closely resemble on the way down.
Just to simplify things because I can't yet get a full look at the month here is the two week chart and the OBV 10 and 20 look to be crossing bearishly and the topping behavior on the candles seems clearer.
Going the other way timewise to the daily with the 9Season rainbow and volatility stops the bias is to the downside.
Please reivew the linked post for more details. These are some old posts that target set where we are rightnow.
Silver Volume, Volatility Stops, and 9Season Rainbow.The silver volume action is clearly beginning to tighten since last July and while I would not recommend doing strict TA on the OBV with EMAS its clear that eventually this triangle with have to break one way or the other. the OBV going sideways is a theoretical option but with the price action struggling against the 400W simple moving average and the divergences I have gone over until I am sick of them, this formation needs to break one way or the other.
My assumption is this will break to the downside and price action will consolidate for a while at the 1000W SMA as it did before on multiple occasions them we will proceed down to the 1,500. The linked post will show the macro and micro timeframes and situation leading to this move.
I have run into the repeated issue where my charting has gotten better than my stop management and take profits and so while I have had some really great entries I have left lots of money on the table by not letting my winners run. Further that, timing is also an issue, especialy with leveraged ETFS as the underlying asset can chop sideways but the derivitive chops in a downward direction. You cannot just accumulate a leveraged short ETF.
To help myself with that I have demoted myself to using some dummy indicators which require no more effort than just picking a time frame and punching the numbers into my stop loss. The trade is on DSLV.
The 9 seasons rainbow uses some sorta analysis to set a color based on different time frames. blue shows that a floor is being set (if you see fuscia it meas the floor became a trap floor, oops). The light read shows a weak bear market. lower time frames being blue or light read mean I should look for reversal.
I am in my trade. I have been looking at getting my entry on near 24.7 assets like futures or crypto on the 12h chart, but looking for my exit on the 1D chart. I like me some swing trades.
If DSLV returns to its resistance trend line I should be able to pull a 4.5x out of this trade here shortly. Fingers crossed.
I will flip from a trading point of view to an investor when I see silver against this decade long trend line with monthly VStops beneith it. I'll be accumulating then, that is for sure.
OIL_BRENT Short Trade 20200525Symbol: OIL_BRENT
Timeframe: 1H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals: 2 Yellow Ribbons
Context: Light Red
Entry @ 35.6
SL-1 @ 36.01
T1 @ 34.51
SL-2 @ 37.21
T2 @ 32.81
Manual Stop Conditions:
If upper ribbons become Green with strong price moving up.
I appreciate your like or comment. Welcome to share your idea here.
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
GBPCAD LONG TRADE - Bullish Continuation 20200110Symbol: GBPCAD
Timeframe: 1H - 45H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Green - Setting out
Medium Blue * 3 + Green: Strong Support
Long Timeframes Context: Light Green - Bullish
SETUP: LONG
ENTRY @ 1.7093
SL1 @ 1.6983
T1 @ 1.7219
ENTRY @ 1.7093
SL2 @ 1.6956
T2 @ 1.727
Manual Stop Conditions:
If upper ribbons becomes Yellow or Red
I appreciate your like or comment. Welcome to share your idea here.
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
EURNZD Short Trade: End of BounceSymbol: EURNZD
Timeframe: 1H - 2D
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Yellow * 3 - Resistance
Long Timeframes Context: Red - Bearish
SETUP: SHORT
ENTRY @ 1.6789
SL-1 @ 1.6871
T1 @ 1.6704
SL-2 @ 1.6871
T2 @ 1.6672
Manual Stop Conditions: The upper ribbons turns Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
AUDJPY LONG TRADE: Trend Trade - Long end of RetracementSymbol: AUDJPY
Timeframe: 30M
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Red -> Green
Medium Timeframes: Red
Long Timeframes Context: Green Series
SETUP: LONG
ENTRY @ 75.06
SL-1 @ 74.81
T1 @ 75.39
SL-2 @ 74.68
T2 @ 75.66
Manual Stop Conditions: The upper ribbons turns Red or Yellow
I appreciate your like or comment. Welcome to share your idea here.
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
JPYNZD SHORT TRADE: Trend Trade - End of BounceSymbol: JPYNZD
Timeframe: 30M
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Yellow
Medium Timeframes: Green
Long Timeframes Context: Red Series
SETUP: SHORT
ENTRY @ 0.01392
SL-1 @ 0.01397
T1 @ 0.01385
SL-2 @ 0.014
T2 @ 0.0138
Manual Stop Conditions: The upper ribbons turns Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
CADGBP Trend Trade: Short End of Bounce -30mSymbol: CADGBP
Timeframe: 30m
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Green -> Light Green
Context - Long Timeframes : Red Series, Purple * 2
SETUP: SHORT
ENTRY @ 0.568
SL @ 0.5701
T1 @ 0.5651
T2 @ 0.5631
Manual Stop Conditions: The upper ribbons turns Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Bitcoin Wait and Buy the BreakoutSymbol: Bitcoin, XBTUSD, BTCUSD
Timeframe: 15m - 12H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Waiting for Light Green --> Green, which should happen when it breaks out.
Medieum Timeframes: Green
Long Timeframes – Context: Green Series
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, take your own risks and be responsible for your own investing and trading Activities.
Gold Long Trade 20191024Symbol: XAUUSD
Timeframe: 1H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframes: Red -> Green
Medieum Timeframes: Green Series
Long Timeframes – Context: Light Red Series
SETUP: LONG
ENTRY @ 1495
SL @ 1485
T1 @ 1505
T2 @ 1515
Manual Stop Conditions:
Yellow or Red in Ribbon 1 - 3
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This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bitcoin Trade Signals Review 15M Since 2019 July to 2019 Oct 25BITMEX:XBTUSD
COINBASE:BTCUSD
BINANCE:BTCUSDT
Timeframes on Ribbons: 15m -> 12H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
This Tutorial Idea Indicates some important trading signals of Bitcoin given by the indicator since 2019 July to 2019 Oct 25, in order to help users of the indicator learn how to identify opportunities.
Signals Pattern
Trigger in Short Term: Ribbon 1 - Ribbon 3/4
Context: Ribbon 3/4 - Ribbon 12, which is the most outstanding ribbons with priority: Yellow-Blue, Lime-Purple, Red - Green, else.
Some Typical Trigger Signals :
Long:
Yellow -> Lime: Breakout
Blue -> Green: Reverse
Purple -> Blue: Fading Breakout downward
Light Green / Red -> Green
Short:
Blue -> Purple: Breakout downward
Yellow -> Red: Reverse
Lime -> Yellow: Fading Breakout
Light Red / Green -> Red
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DISCLAIMER
This idea is only a personal opinion and does NOT serve as investing advice NOR as trading advice.
This idea, "9 Seasons Rainbow Multi TimeFrames Pattern" indicators, and all related contents are for the purpose of trading strategies studying or paper trading.
If a user or a customer uses any of these related contents for live trading or investment, she/he should take all risks.
Will 7750 Support Bitcoin This Time?Bitcoin just broke 8050 support and is entering the previous demand zone of 7750 - 7950.
Watch out for possible bounce from the support and possible dump in case the support is broken through.
Symbol: BTCUSD
Timeframes: 1H - 45H
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Blue -> Fuchsia: Indicates broke-through of the previous support 8050
Context: Red
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bitcoin Confirmed the Demand Zone - Time to LongBitcoin just confirmed the Demand Zone 8000 - 8150 mentioned in my last Idea.
Time to Long
Target: 8300 - 8450
Symbol: BTCUSD
Timeframes: 30M - 24H
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Blue in 90m: Strong Support
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Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bitcoin Buy the Demand Zone 20191004Bitcoin new Demand Zone: 8000 - 8150
Target: 8250 - 8350
Symbol: BTCUSD
Timeframes: 15M - 12H
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short term ribbons: Blue * 2 in 30M and 42M; If Blue becomes Purple, the support is broken.
Medium term ribbons: Light Red, Red - So this is to reverse in medium term
Long term ribbons: Still Red - We are in a Big Bear Trend -- Don't forget that, If the resistance is still tough, don't hesitate to close the position.
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bitcoin Is Ready to Challenge the ResistanceBitcoin may complete the correction soon and be ready to challenge the resistance: 8450 - 8550
I will buy the breakout of the falling trendline. Let us go to challenge 8500.
Symbol: BTCUSD
Timeframes: 15M - 12H
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short term ribbons: Blue * 2 in 15M and 22M; If Blue becomes Purple, the support is broken.
Medium term ribbons: Light Green, Green
Long term ribbons: Still Red - We are in a Big Bear Trend -- Don't forget that, If the resistance is still tough, don't hesitate to close the position.
T1 8500
T2 8600
Stop 8280
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Bitcoin Buy-The-Dip Bounce Trade OpportunityThere may be a Buy-The-Dip bounce trade opportunity from the Demand Zone.
Condition: Strong price move upward in the Demand Zone and stay above it.
If the resistance above (8200-8400) can be break through, this Demand Zone can be a medium term bottom.
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
3 Blue Ribbons (Strong Support) in 42m -85m
If Blue becomes Purple, the support is broken.
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
Can Bitcoin Reverse From This Double Bottom?Bitcoin has just retested the Demand Zone for the second time with a strong price activity.
A Medium Term Bottom may be here.
Time to retest the upper Resistance of 8200 - 8500.
Indicator:
9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
1 Blue Ribbon (Strong Support) in about 6H timeframe, appears in the same level as the previous Blue of Sep. 27
If Blue becomes Purple, the support is broken.
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This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
AUDEUR May Continue the Upward Trend: Long with a Tiny StopAUDEUR may have found the support and continue the Upward Trend.
Symbol: AUDEUR
Timeframe: 1H
Flexble Target Signal: The upper ribbons become Yellow or Red, which means the possible resistance works and it can be a good time to take profit or to stop loss.
T1: 0.6180
T2: 0.6195
Stop:0.615 - a tiny stop loss setup
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Short Timeframe: Red - Green
Context: Long Timeframe Green
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DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.
CHFUSD Breaking the Falling TrendlineSymbol: CHFUSD
Timeframe: 1H
Indicator: 9 Seasons Rainbow Multi TimeFrames Pattern
Signals:
Breaking the Falling Trendline
Short Timeframes: Lime - Breakout
Long Timeframes Context: Multiple Blue - Strong Support
SETUP: LONG
ENTRY @ 1.0112
SL @ 1.0059
T1 @ 1.0174
T2 @ 1.0195
Flexible Target @ The upper ribbons turns Yellow
Manual Stop Conditions: The upper ribbons turns red
I appreciate your like or comment. Welcome to share your idea here.
PM the author for a trial of "9 Seasons Rainbow Multi TimeFrames Pattern".
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.