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Bill Williams Indicators

CCL in Wave4, Be careful !All information should not be taken as call to Action, this is my personal view of market situation. Rule of thumb "Never trade in wave4". Now it is exactly that situation when you look at chart and do not see good entry for long or short. Volatility increased and hunt after our stops begun. Why Wave 4 ?! If you look at Sub-wave A there is only 3 waves, and this only allowed in (complex)correction. Big move(52->8$) = Always Wave3 of some timeframe. Previously i was looking for short in 20-22 area, but we actually overshoot that upto 26$. That made Wave C 1.62 to A , what is according to rules. But from my observations in stocks, waves tend to like Fib ratio of 2 as well. And if we look at chart now Fib2 will bring us to 29$ and this area corresponds to Fib Retracement of 0.5(52$) or 0.62(44$) depends how you calculate. So my plan is to sit and wait for price to break below 16.50$( scenario 1 ), where i will start shorting on lower(1m,5m) timeframes as daytrader OR Break upper resistance of 26$ and come to 29-31$ where we may look for good shorting opportunity. But overall sentiment is still that we on vacation season where institutional traders enjoy their summer vacation and overall economical situation is not good. You may like or hate my views. But most important, stay calm and do not give more money to the market than You Decide !!!
NYSE:CCL
by VikontTrade
Binance: FTT/BTC Long. Is it time for the uptrend ?Taking a look at the 1D chart. You can see how FTT has been going through a period of accumulation (since around May 20th). Price relatively playing on the same range, with the last few days closing green, which it could be an indication that the trend has finally change and a move upwards is incoming. A daily closing under 2985 will invalidate the trade and will be a sign on the trend turning bearish on which a better setup should be found or re-enter at a better entry. Feel free to share your thoughts :) Entry: 3000 - 3050 Short term/scalp target: 3200 TG1: 3415 TG2: 3595 TG3: 3780 TG4: 4000 HODL TG: 4200 Stop if daily closes under 2985
FLong
by SteelMiner
ZECUSD has strong support of MAs within channelHi friends hope you are well and welcome to the new update on Zcash. Today the ZEC has finally bounced from the support of an up channel where the price action was moving since after the mid of March 2020. I want have also placed exponential moving averages with the time period of 10 and 21 and since the price action has crossed up these EMAs it is using them as support very well. And this time the price action is also likely to use these EMAs as strong support again. I have also placed the moon phases indicator on this chart. On the upside, there are full moons and on the downside, there are dark moons. The new full moon is appeared at the resistance of the channel that is showing that it will be difficult for the price line to cross up this level and the dark moon is appeared at the support of the channel that is a signal that it would be difficult for the priceline to break down the support of this channel. Therefore there are some neutral signals by these indicators appeared on this daily chart. Bill William’s 3 Lines Indicator and SMAs: As the price action has bounced from the support of the channel and also likely to bounce from the exponential moving averages as well. However here I have used the Bill William’s 3 lines that is also called Bill William’s alligator indicator as stop loss. This is a very powerful indicator to identify and catch the bearish and bullish trends. I normally suggest not to not to sell the asset or not to take exit unless the price action breaks down these three lines. This indicator contains three moving averages the smallest one is the 5 the other one is 8 and the biggest moving average is 13. The smallest is called lips the middle moving average is called teeth and the biggest time period moving average is called jaw. Whenever the smallest moving average moves above all the other moving averages and teeth moves to the center and the jaw moves below all other moving averages then it is called an opened alligator mouth that is a bullish single. And whenever smallest moving average moves down below all the other moving averages and the biggest moving average moves above all moving averages then it is called that the alligator mouth is closed and that is a bearish signal. At this time the bill Williams lines are moving sideways and the price action is also moving sideways with these three lines, however, there is possibility that sometime these three lines give you the false signal. Because these lines are very fast moving averages with the time period of 5,8 and 13. Therefore I suggest to not use this indicator alone, always use this indicator with the combination of some other indicators. For example here I have used the simple moving averages with the time period of 25,50,100 and 200. And whenever the priceline cross down the bill William lines and the alligator mouth gets closed then we should see that whether the price action has broken down the support of the simple moving averages of 25, 50, 100 and 200. I yes then we can take exit from the trade as stop loss. If any of the moving average is saved and not broken then we should wait for the price fine to take bounce from the moving average or otherwise we should consider that the stop loss is triggered. On the daily chart it can be easily seen that we have received such false signal from 11th May to 15th May 2020 when the price action broke down all 3 Bill William lines and alligator mouth was closed. But if we watch the simple moving averages with the bigger time period on the other chart then the price action was having very strong support of 200 simple moving average. Therefore price action bounced from this simple moving average and started next bullish move. Bill William Indicator: Simple moving averages: This big bullish Gartley can lead the priceline to achieve the highest price: now I would like to recall the very big Gartley move that is formed by the price action of Zcash on the monthly chart. I have already shared this pattern in my previous articles as well. At this time ZEC is entered in the potential reversal zone of this pattern and I am expecting that once the price action will cross up the 0.786 Fibonacci projection of A to D leg then it can lead the priceline of Zcash to achieve the highest price ever in the history of ZEC. Conclusion: So far the price action of Zcash is giving no clear signals to break out or break down however untill it has strong support of the moving averages it can make more upward moved.
BITFINEX:ZECUSDLong
by moon333
CCL looks ready to revisit LOWSAll information should not be taken as call to Action, this is my personal view of market situation. It is quite hard to say that from April we have some kind of trend. I see correction and to be more precise Wave 4. So my expectation are, that Wave 4 will finish in 20$ - 21.50$ range, most probably in next 5-7days as per Fib trend time indicator. Game plan is as follows: If in long: (from before) Take profit/close position - 20$ Stop-Loss - 14.90$ To go Short, we still need to see reversal and confirmation. Stay Tuned ;) If Short will play out, expected levels to revisit 10$, 8$, Open upto 5$.
NYSE:CCLShort
by VikontTrade
4
CHAINLINK / USD (LINKUSD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
COINBASE:LINKUSD
by Dinjin
1
USDJPY- Bill Williams.2020/05/14 Alligator: Price is ABOVE the alligator Zone: Grey Zone Awesome Oscillator (AO): Decreasing Accelerator (AC): Increasing Close is above the Alligator which means we are only interested in a long position. The AO is Decreasing (Red AO bar) which means that the momentum is downward. The AC is Increasing (Green AC bar) which means that the downward momentum is slowing. Since the AO is Red and the AC is Green, the Price Bar should be Gray or Black. This is an area to be cautious. If you are long consider protecting your profits. If not in the market, be ready to buy lightly which must be confirmed by the AO turning Green (increasing). fxorbital.com
by fxorbital
1
XAUUSD- Bill Williams.2020/05/14 Alligator: Price is ABOVE the alligator Zone: Grey Zone Awesome Oscillator (AO): Increasing Accelerator (AC): Decreasing Close is above the Alligator which means we are only interested in a long position. The AO is Increasing (Green AO bar) which means that the momentum is upward. The AC is Decreasing (Red AC bar) which means that the upward momentum is slowing. Since the AO is Green and the AC is Red, the Price Bar should be Gray or Black. This is an area to be cautious about placing a long entry, and if you are already long it might be time to tighten your stop. fxorbital.com
OANDA:XAUUSD
by fxorbital
EURUSD- Bill Williams.2020/05/14 Alligator: Price is BELOW the alligator Zone: Grey Zone Awesome Oscillator (AO): Decreasing Accelerator (AC): Increasing Close is below the Alligator which means that we would only look for a signal to sell. The AO is Decreasing (Red AO bar) which means that the momentum is downward. The AC is Increasing (Green AC bar) which means that the downward momentum is slowing. Since the AO is Red and the AC is Green, the Price Bar should be Gray or Black. This is an area to be cautious. If you are short, consider protecting your profits. If not in the market, be ready to sell lightly which must be confirmed by the AO turning Red (Decreasing). fxorbital.com
Short
by fxorbital