THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report, we said traders must be aware of the conditions they’re trading, and markets are moving at extreme levels, we said would be looking for that sudden turn in Gold that may catch traders out. We gave the initial resistance level on the open of 2330-35 where we anticipated the first move down into support, this gave traders an opportunity but it was short lived and only netted us 100pips. The move however, was pinpoint, into support and then the bounce giving the long trade back up level to level. We said a break of that support level is what will be needed for Gold to go down further, otherwise, the reaction from those levels could give the bounce, which is what we got into the region we wanted 2350-55.
During the week, upon breaking the resistance level, we continued with KOG’s bias of the week, looking for the higher levels 2365 and above that 2372, which we completed. Excalibur however had other plans and kept activating long and looking at the move we decided to continue with the move taking longs until Thursday’s close, where we suggested no more longs and gave the levels for the potential turn.
The third level worked a treat, giving traders the opportunity to short the market for a huge move to the downside, which is where we closed for the week. An absolutely fantastic week in Camelot, completing targets not only on Gold, but the numerous other pairs we trade, giving a record breaking pip capture for us since we started sharing our work.
So, what can we expect in the week ahead?
Are we now bearish? That’s the question on everyone’s mind at the moment! Answer, simply, no, not yet! This is a correction, but most likely profit taking at the moment, we still need a complete swing turn here to then start looking for this to target the lower levels we wanted last week, which are sitting around the 2270-50 region. For that reason, we’ll initially want to see how the markets open before taking any positions, there is a chance we will see gaps on open that may again catch some traders out, especially those who entered late session Friday and didn’t protect their trades!
We have the immediate resistance above sitting at the 2355-65 region, if held during the early part of the week, we feel there is an opportunity to short the market back down into the lower support regions, 2330-35 and below that 2310-2295. This is where we want to see the first RIP, and if we get it we feel the long is available into the higher regions where we will only follow Excalibur and hopefully get to carry and trades, if we get them.
Please note, breaking above that higher resistance level of 2365-70 will give us the move to fill that wick and potentially take us into an even higher high, so please be careful if you’re in the wrong way, make sure you act accordingly and have a risk model in place.
On the flip, continuing downside from the open, we suggest traders leave runners on any shorts from above, looking for the levels below 2310 and below that 2290-95 where we feel there may be RIPs, but only temporary, giving traders an opportunity to long the market level to level upside. If we get this move, we will be looking to add short trades and move with the market.
One key thing to note here, if this is a bearish move here, we need more confirmation on it, as institutions don’t usually stop in one day, they tend to continue the move so breaking that lower level of 2290-95 is important. Don’t worry about capturing moves from tops and bottoms, it’s extremely difficult to do unless you have the right guidance and experience in identifying the key levels. The market will always give opportunities, take it at your stride, use the levels provided and make sure you have a risk model in place.
More extreme conditions to come in the week’s ahead!
KOG’s bias for the week:
Bearish below 2365-70 with targets below 2310 and below that 2295
Bullish on break of 2375 with targets above 2425 and above that 2447
Keep an eye on the daily analysis as well as KOG's daily bias which as many traders have seen, work extremely well.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Bearishmarket
Nvidia -> Is This The Top Formation?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪
Looking at the monthly timeframe you can see that after Nvidia retested previous support and the 0.786 fibonacci retracement at the $110 level, there was a solid rally towards the upside.
Looking at the weekly timeframe you can see that Nvidia is still a little bit overextended and we could certainly see a weekly retest of the 0.382 fibonacci level which is perfectly lining up with previous structure.
After Nvidia broke down of the rising channel a couple of days ago there was not a lot of bearish follow-through and also daily market structure is not bearish yet - I am simply waiting for a better situation on Nvidia to then look for a new trading opportunity.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
📊Market Structure Breakdowns Pt.1Not every pattern or indicator is a confirmation that you should enter a trade. Understanding the market structure is key and in these series we will explain how to read a Bullish and Bearish market structure formation with multiple indicators/strategies and what you should look for before entering a trade. The markets are either trending up or down until they experience a reversal in the opposite direction. Do not fight the trend, trade alongside with it's direction until a confirmation of reversal. It is not about being right, it is about trading on the correct side of the trend.
📈Bullish Market Structure
A bullish market structure is characterized by a series of higher highs and higher lows, indicating that buyers are in control and there is a strong demand in the market with a strong upward momentum. Connecting the swing lows and swing highs will be a clear indicator of bulls pushing the price higher on each level and flipping the previous resistance into a support zone. A good way to trade a chart pattern such as a falling wedge, is to wait for the price to reach around the zone of support. That will indicate the end of the pattern and will give the best possible entry. To have confirmation of this, make sure that you are looking at the volume. When the end of the the falling wedge approachses the previous resistance turned-into-support, you should see volume coming inside the market to push the price higher. One key thing you must understand is that when resistance lines are crossed, they become new support and the cycle repeats until the trend break.
📉Bearish Market Structure
A bearish market structure in the other hand, has a series of lower higher and lower lows, indicating that the sellers are in control and there is a strong downward momentum in the market. In this case, we will be looking for short opportunities. The same confirmation of a short is the selling pressure that can be characterized by negative delta volume. To confirm a trend line as true, it should have at least 3 touches where the price rejected from back into a support zone. The market structure is not symmetrical, with perfect patterns that completely respect each and every line you draw. Most patterns and indicators look asymmetrical and have a skewness and you should adapt to it. The big players are waiting for you to place your stop loss right above your trend line or pattern then push the price right above it so you close your position and they get their orders filled to push the prices lower. Stop hunting is one of the most important things you need to understand, until the market makes a Higher High of an important level, the market has not changed structure and it's still trending downwards.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
❤️ If you appreciate our work, please like, comment and follow ❤️
BAND/USDT Getting Rejected ?? Hey guys 👋
BAN/USDT is next on our watchlist today. We see a good potential for a drop to happen here where price seems to be getting rejected from current zone. Any thoughts here?
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Ethereum 4HR Timeframe Breakdown and SETUP SMART MONEY TRADINGA quick breakdown of ETHUSD 4hr timeframe, price chart currently looking bearish with multiple break of structure and change of character... Therefore, SETUP is looking bearish for this week to our POINT OF INTEREST: (1428) BEFORE price shows signs of change in direction or continuation to the downside..
Types of Markets in TradingView Land !!!👨🏫Hello👋 dear traders. I am Pejman👦, and today I want to explain the types of markets📈 with another story from TradingView🎢.
Maybe you love the world of animation👶 like me, and I'm trying to make the trading world as beautiful and colorful as the animation👶 world🌍. So let's dive into another Tradingview🎢 land story.
Once upon a time⏳, in Hundred Acre Wood, Christopher Robin decides to go to Stocktopia to live with other traders and try to learn trading skills📉.
Since Winnie the Pooh🧸 likes Christopher Robin very much, he and his friends decided to go with him and move to the city🌆 of Stocktopia.
They all knew that the path might be long and complicated😢, so they decided to compare different Types of Markets 📈 and talk about markets📈 along the way🛣.
Do you know the Wise Owl 🦉? He always has many experiences of everything and explains them loudly.
On the other hand, he had a lot of experience in technical analysis and said: When I was a beginner, I was baffled😟 and even lost a lot of money🤑 because I didn't have a good perception of the market📈.
When my buy orders were filled, the stock would face a crash💥. And when I was selling, green candles📊 jumped one after the other. Annoying!😡
I only found out why when I went to Stocktopia and realized that the market📈 has its own types.
Trends are essential in the market📈, and you need to learn to recognize trends. For training, first, I had to know what technical analysis📊 and its benefits are.
There was a moment something caught my eyes👁 when I was surfing🏄♂️ on a website called “Tradingview,” and I opened the post to see what technical analysis is.👇
During my trading, I learned three types of markets 📈. Bullish 🟢, Bearish 🔴 & Range market📈.
Tiger🐯: Whoo Whoo Whoooooo! I liked the name of the Bullish trend🟢. Can we start from that first? What is a Bullish trend🟢?
The Wise Owl🦉 showed Tiger🐯 a chart from the book that was with him and said:
Dear Tiger🐯, to find a Bullish🟢 market📈, you must first draw a trendline like a dynamic support trend line.
Do you remember dynamic support and resistance lines? If you don't know these lines, it is better to read the story of Princess👸 Snow❄️White Chart and Trader Dwarfs before hearing the story of the market📈 types.👇
By the way, the Bullish🟢 market📈 is very similar to Tiger🐯. In the Bullish 🟢trend, buyers are happy and positive emotions are seen in the market📈 atmosphere.
There are more buyers than sellers. That is, buyers hope for the growth of a stock.
In the Bullish trend🟢, you must be fast, so that you don’t lose opportunities.
As you can see in the chart, the price inflates more like a balloon🎈. It goes Higher High (HH)every time and forms a Higher Low(HL)🗻 than the previous one.
But no Bullish trend🟢 is permanent.
The market📈 will experience a crash eventually. So you have to be smart because shopping will only sometimes be profitable. You will get bloody candles if you wait to buy them in time.
The Wise Owl 🦉 continued: The Bullish market📈 has conditions that I will explain based on my experience:
Each Low should be at least one step higher than the previous one and make a Higher Low(HL) like the Tiger🐯.
Usually, each High🗻 is formed one step Higher High(HH) than the previous one.
Preferably, when the price rises above a High🗻, it is better not to return below it.
This type of trend is called a Bullish market 📈 because when the bulls🟢 want to attack, they raise their horns from the bottom to the top. And the buyers increase the stock higher and higher by buying.
Christopher Robin asked: What if Higher High(HH) doesn’t touch the previous High🗻?
The Wise Owl🦉 said: This is a sign of a strong Bullish trend🟢. If you see such an event, prepare your dollars for shopping. Does anyone have any other questions?
Eeyore said: What is the trend of Bearish🔴? Why is it named like this?
Wise Owl🦉: How interesting that Eeyore himself asked this question because the Bearish trend🔴 is exactly like Eeyore. Ivor John has some negative feelings about him.
Shareholders also feel disappointment😩 and fear😱 in the trend. Because of this, the number of buyers decreases, and the number of sellers increases.
Candles turn red like roses🌹; the more sellers there are, the bigger this red flower garden🏡 will be.
Highs and Lows🗻 form one after the other lower⬇️ and lower⬇️.
In a downward trend🔻, if you are in a one-sided market📈, you should sell your shares, but if the market📈 is two-sided, you can present yourself for a sell/short position.
In this trend, negative emotions may dominate the market📈, but sellers will be happy.
Like the upward trend, the downward trend also has its conditions. Can you guess them before I say them?
Po said: Ah, in the growth trend, each High🗻 should be formed lower⬇️ than the previous High(LH)🗻, and each Low should be formed below the previous one(LL).
On the other hand, if the price falls below a Low in the downward trend, it is better not to return above that Low.
The Wise Owl🦉: It was great, Pooh🧸. Now let's take a look at this Bearish trend🔴 chart.
As you can see, there is no news of going up(HH)🔺 in downward trends🔻. Instead, we see Lower Lows(LL) and Lower Highs(LH).
But the market📈 is only sometimes bullish🟢 or consistently bearish🔴. Does anyone remember the name of the third type of market📈 that I mentioned?
Piglet answered with a bit of stress: Ummm, I think it was Range Market 📈.
Wise Owl🦉: Hohohoho, you are right, Piglet. But don't be afraid and don't stress because this market📈 has no particular trend.
If you looked at the chart and could not find an upward🔺 or downward trend🔻, the sea market📈 is tame, and no waves move the candles up🔺 or down🔻.
The number of buyers and sellers in the Range market📈 is almost equal. In the market📈, Range traders are like piglets.
A group of them have hope for stocks and buy with confidence, and another group is still afraid, like piglets, and thinks that the value of their shares may decrease. So they sell it.
Neither bears🔴 or bulls🟢 win in the Range market📈 because they need more trading volume to pull the market📈 in the same direction and form a strong up🔺 or down🔻 movement.
In the market📈, the price range is involved in two Ranges: buy or demand Range and sell or supply Range.
The support zone pushes the price upwards🔺 in the buying Range, but the resistance one does not allow the price to advance.
Therefore, the price is passed between these Ranges like a yo-yo until one of the parties enters more volume and breaks this price compression. The head will run away from one side when the price is done.
As you can see in the picture, finally, the sellers ran away from the price :) And the bears🔴 won over the bulls🟢.
Rabbit: I have heard that most financial markets are Range, and it’s more difficult to trade in this type of market. By the way, I don't want to rush, but I guess it's time to tell us the use of all this information.
The Wise Owl🦉 laughed and replied: "Hey, you didn't rush. Now that you are familiar with different types of markets📈, it is time to learn how to trade in these markets📈."
You must first draw trendlines in trending markets📈 to get a general view of the chosen stock📈. Then you can take a position in the direction of the trend.
Be sure to remember that you’re entering at the right points. Take your time, because waiting is a flower that doesn’t grow in everyone's garden.
The owl🦉 opened a new page and showed a downward trend🔻, which later turned into an upward trend🔺. Owl🦉 continued:
As you can see from the chart below, the price is caught under the bears' claws, and the market📈 is bearish🔴. It has formed Lower Lows(LL) and Lower Highs(LH).
But after the Bullish engulfing candlestick pattern, the trend changed and turned into a Bullish🟢 market📈.
If you want to learn about candlesticks and how to trade with them, you can go to the following post because I have collected how to trade with all candlestick patterns in this post.👇
As you know, the more the price collides with a trendline📈, the more valid the trendline will be. So these lines📈 will become valuable, like support or resistance lines📉.
In this example, we learned how effective candlesticks could be in identifying or finding the end of trends.
Now it's the turn of the Range market📈, and it is possible to trade in this market📈 considering the volatility of the trend.
In the Range market📈, as I said, the price is like a small fish🐠 stuck in a fast Eeyore.
The flow of water💧 and the flow of buyers and sellers move this fish🐠 into the Eeyore bed🛌.
As a trader, if you want to catch fish🐠 from this water, you must wait until it approaches one of the Eeyore beds🛌.
Up🔺 or down🔻 bed, i.e., support line or resistance line. You can buy when you see the price on the support line, and when you see it on the resistance line, it is time to sell.
Rabbit said: Haha. That is very easy. Buy low and sell high.
The wise owl laughed😂 and said: You are exactly right. Trading in this market📈 may seem simple, but this fish🐠 can escape anytime.
Trading in Range Market📈 is like eating a sandwich🥪. If you press your sandwich🥪 too much, the fillings of the sandwich🥪 maybe spilled out from the top or bottom.
Everyone heard the sound of Po's stomach and laughed😂. Po said: We have been walking for a long time, and I also ate my honey🍯 on the way. How much is left?
Christopher Robin looked around with his camera📸 and said we're finally there. I can see the lights💡 of Trading Wave🌊 Land🎡.
The Wise Owl🦉 continued: Now, knowing the types of markets📈, you can learn more than technical analysis in this land.
All of them went to the land of Trading Wave🌊, happy😊 that they got good information along the way🛣 by heaRange about the experiences of the wise owl.
If you want to learn how to trade well like the people of this land🎡, practice today's tips and join me every week because I have many stories to tell about this market📈.
This land🎡 is full of traders who lost their capital💸 and became disappointed😔 without carefulness and practice. If you don't want to be one of them, remember to manage your capital💸 and training.
I hope you are always healthy and prosperous😎.
EURCAD: BEARISH POSITIONS BELLOW 1.3138OANDA:EURCAD
Hello folks!!!,
This is my analysis brought to you after deeply analyzing the EUR/CAD Forex pair from a technical, trend and fundamental perspective:
Pivot point : 1.3138
Stop loss : 1.3175
Take profit : 1.2914
Entry Price : 1.3110
Risk/Reward Ratio : 1:3.7
If this post was useful to you, do not forget to like and comment.❤️
Trade Safely,
Best Regards,
Yasser Tavarez OANDA:EURCAD
Biil Williams Aligator Indicator Explanation on BTC MarketCapHello Friends.
Today we will explain Aligator indicator on BTC Marketcap Chart.
this post has 2 purpose:
1)BTC marketcap analyze
2)Learn how Bill Williams Aligator indicator works
First lets see how this indicator works:
The Alligator indicator is composed of three smoothed moving averages.
It is named ‘alligator’ because it mimics the feeding habit of the animal and can help traders
pick out the best times to ‘feed’ on the pips available in a trending market.
Here are the lines that constitute the Alligator indicator:
Alligator’s Jaw
This is a 13-period smoothed moving average.This line is typically visualised in blue.
Alligator’s Jaw = SMMA (median price, 13, 8)
Alligator’s Teeth
This is an 8-period smoothed moving average. This line is typically visualised in red.
Alligator’s Teeth = SMMA (median price, 8, 5)
Alligator’s Lips
This is a 5-period smoothed moving average. This line is typically visualised in green.
Alligator’s Lips = SMMA (median price, 5, 3)
Trading Rules:
When the lines are intertwined or converging, it implies that the market is ranging (the ‘alligator’ is sleeping).
The longer the alligator sleeps, the hungrier it will wake up; prolonged consolidation will imply a massive breakout.
The alligator’s lip will be the first to move (crossing above or below the jaw) when it is waking up, which denotes the
Begining of a new trend.
An upward movement implies an uptrend might be forming, whereas a downward movement implies that a potential downtrend is starting.
A trend will be confirmed when the alligator’s teeth cut through the lips.
This will be the signal to buy in a confirmed uptrend or to sell in a confirmed downtrend.
The signal to take profits will come when the lines start to converge again, which will mean that the alligator is now about to repeat the sleep cycle.
Now lets see what happened in BTC marketcap According to this Strategy:
We can see awakening of aligator from 9 march 2020 untill 12 april 2021.
it shows a strong uptrend and aligator lines divergence.
I show it with a Green Ellipse in chart.
after that aligator go to sleep for a while from 12 april 2021 to 18 jan 2022.
so we can see a Range in price and aligator lines converging.
I show that with a Yellow Ellipse in chart.
after that we see aligator lips and teeth breaks jaw and aligator awake in a downward trend
so we approch a bearish market and i show that with a Red Ellipse.
no one know how much this cycle last.
after this section i think aligator go to sleep again and after that awake upward.
please protect your capital and know about market cycles.
we could see new bottoms so we must manage our risk.
after that when diffrent conditions confirm uptrend we can buy again.
Remember:
Buy expensive but confident
!!!NOTE!!!
MY POSTS ARE NOT TRADING AND INVESTING ADVISE.
SO DO ON YOUR OWN OPINION AND CONSIDER MARKET RISKS.
Thank you all for reading this article hope that be useful for you.
share me your opinion in comment please.
looking for a 100$ tasssssty bnb !!!I'm definitely a 100$ TastY bNb HuGe buyeR^__^
don't miss out on that PRICELESS OPPoRTUNITY (Definitely NOT A FINANCIAL ADVICE)
I'm just sharing what I'm gonna do !!!!
I'm waiting Solana at the 100$ price taG ^______^happy Summer YA ALL ^____^
but definitely buying a baby bAg at 150$ just to not miss out,,, but ThE BiG bAg will definitely be at the 100$ pRicE TaG hope we reach there (105-110$ am a buyer too) ^________^
always remember guys ,,, millionners Are always made in the beAr Market ! ^________¨
LOOking for a 432-345$ETH,, please CryptO god a 300 ETH ^______^I'm definitely a 432-345$ TastY ETH HuGe buyeR^__^
don't miss out on that PRICELESS OPPoRTUNITY (Definitely NOT A FINANCIAL ADVICE)
I'm just sharing what I'm gonna do !!!!
I'm waiting Solana at the 300$ price taG too for A Million $ BUY ^______^ happy Summer YA ALL ^____^. (this is simply my personal opinion) ^_______^
10 THINGS TO DO DURING BEARISH MARKET SENTIMENT!!Hello everyone, here is my second educational post for the community. First of all, thank you so much for constantly supporting me and be with me in this whole journey. Hope you guys like this article and learn from it.
As you see the current market condition is bearish from past several months. So I was thinking that what we should do in this kind of market condition. So here is my 10 thoughts:-
1. The First and the most important thing is to ‘SURVIVE’. Number one rule is to protect your hard earned capital and always have spare cash ready to be deployed when opportunity arrives.
2. Speaking of Opportunity , learn patience and the art of doing nothing. Don’t jump on any random $ALTS that people shill as a gem. There will always be opportunities in Crypto so don’t waste your entire capital before real opportunity presents itself.
3. It is hard to accept but the Market is ruthless and doesn’t care about your any coin Fundamentals. $BTC going down will drag each and every other $ALT with it so better to accept the loss other than HODLING something just because it has solid Fundamentals.
4. Looking to buy your favourite coin just because it is already down 90% ? You’ll be delighted to know that it can go down another 90%. Most of the coins won’t survive after a Bear Market.
5. Found an $ALT that is constantly under development ? Team is really building even in harsh conditions ? The Roadmap is being followed ? The Project is generating revenue ? This is the kind of $ALT that you should look to buy once you see ‘signs’ of bottom forming. Don’t go all in on anything. Learn to DCA.
6. There are always new trends in Crypto. Learn to identify these trends and ride the hype train until it lasts. Fighting the trend will only result in you losing the opportunity.
7. The best place to invest in during a Bear Market is yourself. Learn new skills, spend time on improving yourself. Practice as much as you can and prepare yourself for the next bull market.
8. Don’t keep all your Funds in one place. Learn to diversify in everything. Don’t use a single wallet to keep all your funds, don’t deploy all your funds into a single coin.
9. There are tons of other ways in Crypto to make money. Hunt Airdrops, apply for moderator roles in new Projects, good with graphics? - start making infographics, good at researching? - tons of people on CT and many websites are looking to hire researchers. Crypto is still an evolving industry , the opportunities are abundant.
10. This is something I wished I learned sooner - Interact with people, form groups, share your knowledge. Having people around you with a similar mindset will push your growth more than you can imagine.
The last thing is to Learn from your mistakes , make notes and don’t lose hope. Stop trying to be rich overnight and start hustling.
If you think these things will help you to survive in a bearish market conditions then hit the like button.
Also, share your views in the comment section.
Thank You!
A chance to sell AUD for 100 pips We are now officially in a bearish market.
When this happens, currencies such as AUD, NZD, CAD will fall. USD, CHF and YEN will strengthen.
AUDCAD is very bearish and I want to follow the trend until there is a buy pattern at 0.9065.
The only concern I have is the H4 double bottom with divergence that may spoil the party. I am watching for 0.9203 to break in which case, I will close this trade and take the loss.