Ace has done breakingout 0.14 and waiting to bulid support zone above the yellow line. Ace is ready to hit targets 19 23 28
Is it the best moment to buy ?... risk to reward seems to be nice... Im buying some and wait for next move
Target $140 4/16
Weed stocks start to bounce, price in lower buy zone and still above longterm lower support trendline. Could have been a minor fake-out of the triangle and once inside can test 8.13 USD
There is key support with the Daily Pivot Range, 3 Day and 6 Day Rolling Pivot Range as well as the Weekly Pivot Range, including the Monthly Pivot Range. This setup cannot be more supportive. With the price trading in breakout mode at the moment of writing the need to act is now to go long the market. The action to take is to place a buy order to enter the...
With the Daily Pivot Range and 3 Day Rolling Pivot Range below current price levels the bias is shifting to the upside. However we need further confirmation before entering a buy position to go long the market. The key resistance is at the Weekly Pivot Range high which coincides with the ‘A’ up line and the 6 Day Rolling Pivot Range high. Moving Averages turning...
The price for LTCUSD remains with a bias is to the downside with the price trading below the 3 day Rolling Pivot Range (green, yellow dots). However the Daily Pivot Range (blue dots) are neutral at the time of this writing with the price action staying inside the range for the past few hours. With today’s Opening Range (whiter background) also holding...
Take a look at the chart and see analysis. By our first rule, the entry needs to be confirmed by trading at or above the 'A' level. However this breakout is happening with new all time highs and would warrant entry at this time with the nature of cryptocurrencies, particularly the inability to short this market.
Here you can see the setup occurring if the entry rule is met. The price must trade at or above the 'A' value line for a minimum 15 minutes to validate a long signal. Beware the 800 level which could be the catalyst to explosive upside or provide an 'A' up failure trade which would make a significant correction to the downside.
An ACD' 'A' up trade setup through the Pivot Range and good 2.0 Risk Reward ratio.
The 'A' Up trade is established based on our rules. However since we have missed this initial move up, we will look for an entry based on a continuation of the move if the price breaks out above the previous high.
Modified from ACD For Trading View by pengkwai (my father) to clear up some unclear text in the inputs so people can understand use the indicator more easily. You should be able to modify most things by clicking "Format" then going to "Inputs". One thing that can only be changed in the code for now is the length of the OR. Under the Inputs tab it is set to a...
Today was a Pivot on Gap Day in the A C D Method. The SPX opened at 2321.8 well above the pivot range of 2315 - 2315.6 above Fridays high and at all time highs, a definite bullish bias. The 10 minute Opening Range was 2321.3 - 2323.6 with A-Up at 2326.2 and A-Down at 2318.7. The Market Profile Initial Balance was 2321.3 to 2325.8. Just after 11:20am the SPX broke...