Centered Oscillators
GBPJPY - 5-9 April Weekly Trade PlanGBPJPY
Monthly: Bullish
Weekly Bullish
Daily: Bullish
4H: Bullish
COT:
GBP : Long 68% - Short 32% (Strong)
JPY : Long 23% - Short 77% (Weak)
Monthly: Solid bullish and with previous month close above 150.40 indicates a bullish continuation to target current monthly resistance at 155.
Weekly: Solid Bullish after 22-26 March week candle tested broken resistance 148.85 and bounced with a long nice lower wick. While last week closed solid bullish above the resistance formed at 151.62. Current weekly resistance is 153.84 April 2018 weekly candle wick then 155.
Daily: Strong Bullish momentum with close above previous resistance formed at 151.90 and with GBP is currently strong and JPY is weak from COT data that is already reflected on the chart, bullish momentum continuation is expected to extend further to target 155. Retracement should be contained within 151.90/151.
So I've 2 Scenarios for next week as following:
Scenario 1 : Looking for GJ to retrace and form a support between 152.26 and 151.84 to confirm creating a HL to extend the bullish momentum and to test highs
Scenario 2 : A failure to create a support will indicate a LH is formed and we may extend the correction to test 150.68
Weekly Trade Plan 4H Chart:
Daily Chart Outlook:
HERE IS WHAT MY NEW CHART/STRATEGY LOOKS LIKE AND THE (9) MAIN INDICATORS I USE THAT ARE THE MEAT OF THIS NEW STRATEGY “ THE ELDERLY DR. MOODY’S TRADING REMEDY FOR (BTC) TRADING” SEE NUMBER #1-#9 and there are 16 MORE SCRIPTS/INDICATORS/ALARMS AND STRATEGYS in my hybrid conflux complete trading strategy for bitcoin , I have used the very best indicators from some of the very best in trading, builders of indicators and pro script writers on trading-view, if u want to know more and learn more details I broke it down in my last couple of posts about the huge double top on the daily that is going to bring us down to retest 50k this week as the bears take over in this temporary correction, a health correction so we can move higher to ATH
GBPJPY - 22 March - 2 April 21 Weekly Trade PlanGBPJPY
This is my 29 March – 2 April 21 Week Trade Plan for GBPJPY
Monthly: Solid bullish and with a close above 150.40 will open the door to test 153.84 / 154.90 but still a close above 152.62 the May/Aug 13 zone high that is holding GJ from any upside.
Weekly: Solid Bullish with previous week candle tested broken resistance 148.85 and bounced with a long nice lower wick. But still minor weekly resistance formed at 151.62 will be holding any up move until a close above 152.62
Close above the weekly resistance is required for further up move but still a close above 152.62 Monthly range high will give solid confirmation
Close below will indicate a top formed with rejection from M range and a correction to the up move is due
Daily: Solid Bullish with support formed at 148.76 after testing 24 to 26 zone 149.63 / 148.30. A Resistance zone 151.74/151.91 to be a rejection point for any further up move. A solid close above will indicate bullish momentum continuation.
So I've 2 Scenarios for next week as following:
Scenario 1 : Looking for GJ to retrace and form a support between 151.63 and 149.86 to confirm creating a HL to extend the bullish momentum and to test highs
Scenario 2 : A failure to create a support will indicate a LH is formed and we may test the lows created at 148.76 and may be continuation
Weekly trade plan 4H Chart:
Daily Analysis Chart:
Weekly Analysis Chart:
pullback on ETHUSDTMACD has already signalled a pull back with bollinger midline still holding, if we break below the midline could be drop towards 1868-1873 based on fibs and also lower bollinger band movement. Could show potential for a small short. Will wait for price to break below midline first.
MXC in a channel, about to break out?Hi. In this chart I've plotted one resistance line and one support line, both quite short term. With these two I've also plotted two more long term zones:
One wide diagonal support zone that has played out since April 2020. Its very strong and if broken could be a strong indicator of a trend turn.
One tall resistance zone that while not very strong could still indicate roughly the height that the price could go if it goes sharply bullish in the near future.
With this I've also included an MA 56 to reinforce the strength of the support zone as the MA has danced along it for a long time.
I've also included a MACD to assist in any predictions regarding impending price movement. To me it indicates an impending short term bull run, as it could be about to cross the 0 line.
In conclusion:
MXC is still in a strong bull run and has been for a year.
There are no signs that a trend reversal is impending and with the recent price spikes I would conclude that the price wants to rise above the resistance zone plotted and MXC could be a solid investment for long term investors with perhaps the only downside being a longer ROI.
For short term investors the impending resistance zone break could be a nice spike to go long on, as plotted with price points.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
The possible trend of the BTC/USD in weekly time frame😮🔥🔥"DON'T MISS THIS ANALYSIS"
BTC after a huge bullish trend now it is in a sensitive situation.
We have too many good news about BTC but this currency like other markets can have down trends
" in weekly time frame in MACD we can see RD- divergences , so they show us we will have a down trend in the future
other indicators like RSI are in over sold and in the chart we have a pitchfork that we are in top of it in the resistance level
in my opinion we can have that trend that I shown in the chart.
BE CAREFUL ABOUT THE NEWS
VERY GOOD NEWS COMES AFTER A SHARP TRENDS WHILE WE ARE CLOSE TO RESISTANCE "
Tell me your ideas GOD WILLING , GOOD LUCK ... 😊👍
NEOUSDT - Showing multiple divergence, time to take a trade :)Hi Traders!
On 1h chart of NEOUSDT, I found both MACD and RSI formed divergence, and an uptrend is about to reverse.
So it's time to take a short position to book some profit.
Entry SHORT - 45 USDT
TP - 42.75
SL - 46.62
Risk/Reward Ratio - 1.77 :)
EURNZD - 29 March - 2 April 21 Week Trade PlanEURNZD
Previous Month : Bearish
Previous Week : Bullish
Daily : Bearish
- EURNZD managed finally to break the range 1.6660/1.6520 to the upside with a solid 300 pip bullish candle which was due to NZD housing prices and Risk Off sentiment in market (NZD is a risk driven currency) reaching a solid resistance zone 1.7020/1.6980.
- Currently resistance zone is a historical Sup/Res that did hold for several times. Lately acted as a solid resistance during Jan in a ranging area from 1.7020 1.6820.
- COT report showing that NZD long positions are getting closed while NZD shorts are not increasing which means that this is a take profit for Long positions and still not a change in positions to Short NZD. We need more views on next 2 weeks positioning in order to have clear view on position changes.
- Seasonality showing that EURNZD will reach it’s top this month and will start continuing it’s bearish trend. Which could justify the spike this month along with the COT long positions.
- I’m looking for EURNZD to range between 1.7020/1.6820 after the current run from the lows created at 1.6500 which acts as a HL after the 1.6320 LL created in Feb.
- Will prefer longs with support formation above 1.6700 to retest the highs created at 1.6980 and may be continuation. And shorts with resistance formation below 1.6980 to retest the broken range high at 1.6660/1.6620
- Building Permits on Tuesday and Consumer Confidence on Thursday may give some move during Asian Session but not trend changer.
Weekly Trade Plan 4H Chart:
The Bitcoin Dominance could to explode this rally!!!Looking this Bitcoin Dominance, Bitcoin it's still bullish, now as we see, Bitcoin it's turn bullish and we could to see another bull rally extremely volatile or the next weeks to months for Bitcoin.
Ok, i we see the Daily timeframe, Bitcoin it's appear that form a strong support in the 60% of Bitcoin Dominance, that mean a good news for Bitcoin, becuase as we see this strong support, Bitcoin could to up toward the 72% of market dominance.
Now, this it's the 3 Daily chart, and we see that Bitcoin it's extremely bullish in the dominance, that mean that i you operate with altcoins, notice that:
Altcoins/Bitcoin = could to down, becuase as Bitcoin dominance make strenthten when you see or example: The relatonship ratio with Chainlink/Bitcoin, Ethereum/Bitcoin or Cardano/Bitcoin it's go to down becuase Bitcoin it's get more strenght to up. For that, we could to experiment that Bitcoin go to up against the altcoins. now, you can to sell altcoins but very careuly, not just analyze the Bitcoin dominance, analyze your altcoin/Bitcoin to know the relationship who it's more strong? Altcoin (like Ethereum, Cardano or Chainlink) or Bitcoin). But, don't worry, i you don't understand how to analyze altcoin/Bitcoin. I can to make this analyze for you and invest in this great opporutnity in this next altseason for Cardano, Chainlink, Ethereum or XRP, my top crytpcourrency that it's not BItcoin to get more Bitcoin usign their relationship. And also, i you see the MACD or RSI, both indicator are showing us a good news for Bitcoin.
And finally, the weekly chart it's extremely bullish, becuase we make support as I mark this trend line, and in four occasion we form a lower high, that could to explode the Bitcoin bull rally. For that, it'svery important i you invest in Bitcoin and altcoins, you will need to check out to become a crytpocurrency trader and like an expert to analyze it.
Guys, if you found out that this idea it's sound intersting for you, please comment below about your perspective and idea for the Bitcoin Dominance and share this analyze for other people know this information!!!
FLNT in a declining channel?Hi. Since the end of February FLNT has been in a bearish trend after barely breaking its high from May in 2020.
I perceive no reason to believe this trend will reverse.
On the chart is a channel within which I anticipate the price will remain as it continues to drop and that the price will imminently bounce off the top line of the channel to then retreat to continue the trend.
The low MACD and its movement to cross its Signal within a week supports this.
The current low RSI also shows that there is room for buy to move the price to the top line of the channel.
Its high volatility could however undermine both these indications, but its improbable.
Two examples are shown on the chart: A long position to profit off the bounce and a following short position for the return to trend.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
Price rise as volatility drops?Hi. The Volatility of the Symbol MAGS has for the first time since the turn of the year lowered from a high level down to a center level.
At the same time the MACD is currently crossing its signal while below the MACD 0 value.
The price has also had steady highest lows since the start of the year.
It could be construed that the lowest highs since the spike at the start of February create a triangle together with its corresponding bottom line, but the top line in this triangle is not as clear or strong as its bottom.
The price is currently dancing over the MA 56 after dipping below since the start of March but as the price approaches the tip of the triangle and if the price breaks out of the triangle top line it will also stay above the MA more consistently.
The RSI is currently high, at a value of around -30, but that value is consistent with past price increases which have held a high RSI even as the price has increased over a longer period.
The example long trade shown has a TP that lies just below the high price of the 5th of February spike and a SL just below the low of the 8th of March and a buy line at the crossing of the triangles lines.
Oh, and MAGS is a company that deals with security installations at borders, airports and other sensitive installations. As passage of travelers is increasingly allowed throughout the coming year demand and interaction with systems like these will increase and be amplified by the needs of increased security screenings in both areas of transportation and governmental institutions. Just a thought.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
CHFJPY: Chances are Back !If you have missed this one, then your chances are back. Our uptrend was broken then the price went back to the higher levels where it was trading last week. More confluence means less risk. RSI is reaching critical levels pushing bears more. The price can still trade inside the resistance zone for a couple of days, so trade safe and best of luck !
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MacroForex
MSTR Daily Long 13CCI tlb triangle apexMSTR Daily -13 CCI has a Long signal just triggered with a cross up thru a down trnedline on CCI for an aggressive Long at 773. The continuation of Up is favored by location of two CCI triangle apices being above zeroline.
More conservative traders may wait for a breakout above the swing high dotted line, to avoid any possible continuation of zigzag retracement down to the swing low solid line or lower.
Check out 16 Apr 750 Call for 107.00, 21 May 780 Call for 145.00. Feb 20021 high was above $1300
Reversal would be a 13 CCI break down through an Up trendline (not shown, to retain clarity)
$AAME Target 8.54 for 51.42% $AAME Target 8.54 for 51.42%
Or next add level is at 2.88
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Head & Shoulders, MACD reversing on all time frames upwardsGot that head & shoulders, as well MACD is heading upwards on all time frames. Today would be a make or break, but the Fed isn't going to raise interest rates for a while. I could see it heading up to 800 - 900 resistance area, however will want to consider how Volkswagen can impact sentiment on Tesla. I just swing trade so looking for around a 30% gain in the next month or so, watching tech though because that can cause worse performance.