Compression
BTCUSDT BINANCE: theory test on a motion upwards. BTC went sideways as predicted under the conditions met.
On the short time frames of 15 minuets we see some potential indicators at point A that sign a bullish sentiment emerging in BTC.
If a market make comes now they will be in sync with the sentiment periods indicated by the timing cycle lines.
From longer range we see clear compression on the 1 hour:
The daily candles as well look ripe for a motion, albeit small. We are betting on upwards for a moment.
Keep an eye here to see which way this flag will swing!
BTC following lower - compression mountsBTCUSD has following lower channel.. lots of compression forming here.. there is one hell of a fight to keep BTC above the sideways resistance which it broke a couple of days ago.. i guess one has to sit and wait while the BEARS and BULLS fight it out Rocky style.. www.youtube.com
btc - compression on the 1hrwill btc break resistance? and continue upwards within channel?
only a few days away from the main resistance line if btc can maintain this price and pass sideways through its upper resistance surely an upward movement will follow.
BTCUSD compression in RSIAs BTCUSD encroaches its upper resistance there is also pressure from the lower resistance "red line" (NOT a flat bottomed triangle), so far BTC has stuck within its channels as per my previous posts.. If BTC fails to break this lower resistance line in the enxt day or so, it seems the increasingly desperate shorters are failing in pulling the price lower since June. Mind all this is with comparatively low volume "see previous volume curves chart" so anything could happen with some major volume increase.
If the lower resistance holds a break through the upper resistance seems ever more possible before retrace to the lower resistance as in 2014. Breaking the upper resistance in this COMPRESSED fashion may be enough to swing the Bear back to a long term Bull trend.. A flip would lead to huge amount of shorts being liquidated and subsequently could cause large upswing to around 10K - the pre June high.
Continuation Levels AUDUSD 09/01/2018It seems the AUDUSD has changed momentum from bullish to bearish,
Most likely the price tend to reach the demand below, the recent uptrend
From the left seems to be compression, the supply above is a great level to
Continue the new bearish momentum, therefore if the retrace this supply i'll
Sell there, my first target is the support zone, and the final target is the demand.
Continuation Levels EURGBP 04/01/2018At the swing and the long-term EURGBP is bearish, the supply
Above is a great level of continuing this bearish momentum,
The price moving up very slowly in what we called "compression".
therefore if the price retrace to this supply I'll sell there, my final
Target will be the demand below.
Key Levels CADJPY 24/12/2017The supply above us is a great new one, there are unfiled sell orders
Waiting for the price to come back and pick them, also the price is
Coming up with compression which is good, I'll sell at the supply above,
My first target will be the demand below, and the final target is the demand
At the bottom.
Key Levels CHFJPY 21/12/2017A new confirmation zone from yesterday, if the price will break this confirmation
Zone, it indicates the price tends to reach 113.40 zones, therefore if
The price will break this zone, I'll wait for P"A setup for sell position.
My target will be 113.40 zones.
Key Levels CHFJPY 20/12/2017The CHFJPY is after a very powerless uptrend, therefore I'll
Prefer to look for reversal trade, if the price will break this confirmation
Zone, it indicates the price tends to reach 113.40 zones, therefore if
The price will break this zone, I'll wait for P"A setup for sell position.
My target will be 113.40 zone.
Compression to previous days high or WickCompression here we have a movement to previous days high or wick. Price voids as it rips above the wick. And drops back.
Looking for long oppertunity to enterDaily chart show buying accumulation. Current price is at natural bouncing zone, it may react at the lower compression edges, yet the next visible target is the order flow zone above.
AUDNZD consolidatingThe price stopped the 4H downwards trend yesterday (sharp Aqua line) and started going up but is compressed between that and the short-term downwards trend (Aqua line on the top) .
This downwards trend might however come at a crossroads with the medium-term Weekly uptrend (Red line for the latest one and Orange line taken from a low before).
The horizontal blue line is both a former support/resistance and a short-term 4H Fibonacci level.
Decision Time for BTCCNYBTCCNY is hovering over the cloud, RSI at 50 level prone to down, OBV making lower highs and higher lows.
This is right in the middle of bulls and bears, compressing a lot, possible big move one direction or the other.
Most probable for now is to keep hoovering over cloud untill new leg up.
CRUDE OIL LONG WATCHLISTTHIS HAS BEEN ADDED TO MY WATCHLIST - PRICE LOOKING EXTENDED OVER A NICE PERIOD OF TIME.....LOOKING FOR PRICE TO SET UP AS MY TRADING PLAN SUGGESTS AND GO LONG...
LET PRICE DO THE TALKING,.....
Bullish Compression on USDCHFThe Price Action shows a Bullish Compression to sustain the momentum. When the momentum was exhausted the price dropped strongly. Here the price action dropped so much and so strongly to took out the lowest demand level, marking a new low.
What do you think about this currency?
Thank you
Girolamo Aloe
MACRO VEIW: WTI OIL UPDATE: THE RANGE NARROWSWTI Oil continues to trade within the tightening range that we covered earlier, with recent attempt to break above it failed - price is back at the mean.
Since our previous overview the range tightened down to 48.5-42, making the potential break from it even more powerful, as the longer the price sits within it, the more energy it has for a potential move away from the mean...
MACRO VIEW: WTI OIL SEVERE COMPRESSION: EXPLOSIVE MOVE AHEADIt is a very interesting and highly explosive situation now on WTI OIL market
Price has been trending laterally since the start of September, causing volatility on quarterly basis to contract unusually tight (measured by 1.25 standard deviations from quarterly (66 day) mean)
It means that when price eventually breaks from the 1st standard deviation, a move in that direction will have a lot of energy to release - in other words, it will be a significant and very possibly a sharp move.
At this point from a technical point of view it is impossible to tell which direction it will break, but what will help us is to monitor the compressing range, marked by the same 1st standard deviations from quarterly mean.
A breakdown below 42 will hint us about downward direction and a breakout above 52 - about upward direction of the high-potential move.
MACRO VIEW: NATURAL GAS RANGEBOUND TRADINGNatural gas is trading sideways within 1st standard deviation on quarterly basis (in relation to 66-day mean) since May 2015.
This creates good trading opportunities for those who know how to deal with the lateral chop in the markets.
Within compressing volatility (measure by 3.2 st deviations from the same mean), traders can pick longs and shorts toward the mean, when price approaches the 1st standard deviation from within.
Stops should be placed a bit beyond relevant highs and lows, tagging of which will hint that a leg of trend is actually in the cards.
