NKE Compression Pattern Near Highs of the Trading RangeNKE shows price has compressed into a tighter candlestick pattern formation near the highs of its long-term trading range pattern. The compression has minor Dark Pool Quiet Rotation™.
Compression
MSFT Compression Attempted Breakout FailsMSFT has been in a tightening compression pattern that failed to break out and maintain a higher price. The stock has been under heavy Buyback mode over the past several months. Dark Pool Quiet Rotation™ continues.
Fresh demand for buy positionThe Gold price compressed down toward the demand below.
It seems like a great demand to buy Gold,
The confluence of price compressed down and a fresh demand is a great one for buy position.
I'll buy the demand at the first touch
MU Under Dark Pool Quiet Rotation™MU is in a Trading Range pattern at this time. The compression of that candlestick pattern in August is showing signs of heavier Dark Pool Quiet Rotation. The large lot long-term investors are slowly lowering inventories on MU over many weeks, and this increases downside pressure.
Overnight compression is overall probable for BTCSideways price action is something you can bet on, but only if you're sitting around to day trade it. Sad thing is, I'm sleep. See you tomorrow morning!
INCY Triangle FormationINCY has been sideways for a year, but it is not showing a compression candlestick pattern to a potential Triangle Formation. Triangles tend to be continuation patterns much of the time.
AUDNZD Long Swing Trade IdeaAUDNZD - Long
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Posted this setup in May for a sell and TP got smashed without a doubt. Now we are looking for a buy after seeing compression into demand.
We also see down trendline broken by that strong bullish impulse move last week. Buyer now have regained control.
Looking to buy at 1.04129
SL : 30 pips
TP: 1.07257
R:R Ratio of 1:5
Til we meet again beloved!
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What Make The Supply Above A Great Level For Sell Position 14/05As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a price move up by Compression and a supply level creates a great opportunity for sell position, when the price touch the supply above, it’s the time to sell.
What Make The Supply Above A Great Level For Sell Position 14/05As we can see on the 1D chart, the USDCAD price is struggling to move up, this kind of price behavior called “Compression“, the price move up step by step in a way that looks powerless, many Small candles, everything seems pressed, above us, there is a great supply which most probably holds many unfilled orders, that indicates a strong level, the combination of a price move up by Compression and a supply level creates a great opportunity for sell position, when the price touch the supply above, it’s the time to sell.
USDCHF Trading Plan Naked Chart Education1. Sideway at Supply Zone (DISTRIBUTION)
==>> Place Sell Limit at resistance zone
==>> Stop loss should be 30-50pips above shadow
==>> BIG LOT advice = you must know how big your capital is and risk with lot equivalent to 100 pips
2. Breakout Tips (For Short Scenario on this USDCHF)
==>> Wait until break confirmed with new Lower Low
==>> 25% CHANCE price will continue its drop
==>> 25% CHANCE price will retrace and form Drop (Breakout) - base - rally (FTB First time back) - base - drop (elliot Wave correction)
==>> 25% CHANCE price will form Drop - Base - Drop
==>> 25% CHANCE priice will Break lowest low then Rally up again canceling bearish scenario (Fail to Break / manipulation / SL Hunter / Take Pending Order)
3. COMPRESSION / CONTINUATION
==>> its similar to these patterns = FALLING/RISING WEDGE, DESCENDING/ASCENDING TRIANGLE
==>> when price retrace or forming corrective move, that means Price already comeback to S/D to take Pending order and those areas considered as CLEAR no order placed again
HENCE there is no significant support/resistance and BIG DROP or Rally Likely are likely happen..
GoodLuck, Take your time to study MARKET BEHAVIOUR to refresh your mind and get clearer perspective what is market telling you....
Hasbro Gap HeldHAS gapped up on strong earnings news. The gap is a breakaway and is now in a compression mode. Balance of Power shows some pro trader activity in the stock at this time. The next resistance level is the highs of September. This is a swing or day trading setup.
VRSN Compression Gaps on NewsVerisign Inc. had a typical compression pattern and then gapped on good news. The gap is a breakaway due to the pattern of the consolidation.
HFTs Make a Mistake on CELGCelgene Corp has had 3 HFT gaps this year. The first was gigantic. Then HFTs made a mistake and gapped the stock down. This resulted in Pro Trader buying at that lower level. Recently it gapped up and is in a compression mode.
TWTR: Completion pattern imminent following strong earningsTWTR gapped beyond the trading range highs after a strong earnings report. If TWTR can hold above the prior trading range highs, this will be a completion pattern. Note the compression of price near the highs of the trading range prior to this big gap.
Crude WTI Oil Short 1 Hour Trade IdeaCrude Oil Short
After seeing the first drop at 60.25, oil has been declining ever since.
And a bearish flag pattern is seen on the 1 hour.
I see this as a CP (Continuation Pattern)
To tie in this thought, I also see compression into demand where buyers keep buying until it reaches an area where supply exceeds demand and it quickly falls,
Within that blue zone, price will form supply once more and freefall.
This is a high probability, low risk trade forming.
Easy 6R trade!
Until next time beloved!
USDJPY Long Trade Idea (SHORT TERM)Last week saw a decline in USDJPY. After seeing this decline, i expect price to rally for the short term which would give sellers ample time to get in the market to continue the decline.
You will now see compression into demand where demand zones will keep on creating until price meets a strong supply zone up top. That's where our TP will be, because near that area is where the huge sell-off came from last week and that was no fluke!
Take care til we meet again!
P.S.: I entered this trade a few minutes ago myself so I have my stoploss below this daily candle low.
XAUUSD Short Trade Idea Intraday SELL LIMITClassic Sell for Gold
Now what we see here is COMPRESSION INTO DEMAND. So we see buyers keep buying until price reaches too high for buyers to buy and sellers come into the market.
On the 28th of Feb, we saw Gold begin its decline and that is where price is heading to now before it meets its demise and fall once again.
Risk to Reward ~6
In my humble opinion, put a sell limit in that zone and forget about it. The SetAndForget Life. Lol. And you can place stoploss at the top of the zone.
Apply proper risk manangement if you are taking this trade. This will turn out to be a long term trade eventually but for intraday traders, this trade should suit you well.
Just be patient and you will be rewarded.
Til we meet again
A possible Quazimodo SELL. (If fails...RUN)NOTE: If set up fails do not hold.
There's a CP Zone above my pref entry that can be cleared and there's a CP Zone below my entry that I want it to be cleared and is more in confluence with market structure.
I will update entry if needs be....Thank You.
Volatility Supports a Long Entry on BTCUSDOn the 4h chart, we have become approximately rangebound by overhead compressing periods between the W 200 SMA - which is where we bounced this past December and was the main support we adhered to and retested repeatedly while forming the bottom in 2015, and the implied pivot for mean reversion on the longest overexpanded period created by the November drop.
This is a clean setup. We have a good R:R entry with a target at 4100, which should be a very difficult confluent resistance to overcome. An intermediate target would be the halfway point around 3700 which has acted as a center pivot repeatedly during the compression of the past month and a half.
The degree to which we've compressed also suggests that we have compressed enough to be able to to install a strong trend if we broke the W 200 SMA down or broke upwards past the 4000-4200 area. To the downside, there's been some contradictory targets implied by the W chart depending on exchange, with the Bitfinex chart implying that we've reached the target of the W 200 SMA but the BLX chart suggesting a somewhat higher period length is correct with a target a bit under 2000. It should be noted that we don't necessarily need to drop now to fulfill that target; after all we compressed for most of 2018 before we had our current -50% move. To the upside, the mean reversion target aligns with a retest of 6000.
Note here that with this type of approach, we typically use an indicator like a 14-period CCI rollover as our trigger for entry to help confirm that we have stabilized enough in the short run to be able to confidently enter given the condition created by the setup. At the time of this writing, the 4h 14-period CCI is hovering around -100 on the yet-to-be-closed candle after rolling up on the previous bar, so I'd say this is close to ready if not ready.
The path of least resistance is to remain rangebound and keep bouncing between pivots for possibly months longer. We are at the bottom of that range, so R:R is favorable for a long entry.
If you'd like to learn more about the indicators used to produce this chart, check out SharkCharts.live, and DadShark's Youtube channel where you can find his daily livestreams applying this methodology as well as the series of overview videos I've released for these indicators.
I am an amateur and you shouldn't take anything I say as financial advice. I'm interested in any feedback.
Price Goes Against Compression In USDCHF 28/01/2019I have marked on the chart the Compression area in a channel, as we can see the USDCHF price now goes against that compression area from the left, Compression is a situation Where the price moves up or down easily and slowly, picks all the orders on his way, struggling to move up or down, when the price goes against Compression it usually safer, above Us, there is a great supply level, I’ll sell at this supply if the price retrace there and my target will be the demand below.
Advanced Volatility Pivots, Expect Range Trading! We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.
LTC/BTC Price Analysis & Short Term ProjectionHello Everyone!
I've also been doing analysis on the COINBASE:LTCBTC however, most of us are trying to grow the amount of $BTC we own. Here is a quick analysis of the COINBASE:LTCBTC pairing:
Lower timeframes up to the 25 period are currently expanding which is resulting in the current movement down. While some are short term bullish on $BTC (myself included), I believe COINBASE:LTCBTC still has to show price holding to get the proper buy conditions.
Since COINBASE:LTCBTC has entered the 230 containment zone and is currently holding support at the bottom, I do expect a short term mean reversion to approximately 1065 sats once buy conditions have been met.
I will continue to update this pairing.
DISCLAIMER: This information is for reference only and is NOT financial advice.
