GBPCHF is all set to continue its downward movement!The price is moving down within a descending channel. Right now, it bounced off the upper limit of the channel and hit a key weekly resistance. A candlestick pattern with a long upper wick and a small body has formed. Plus, the price has formed a triple top with lower highs. A short trade looks good based on price action and backed by volume analysis, which clearly shows a clear exhaustion of buyers. GBPCHF is moving towards the major volume activity price range around 1.12. On top of that, volume analysis backs this up, indicating that buyers are getting stronger and ready to push the price down.
Time Frame: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
CVD
USDCHF ready to continue the upward move! Hello traders!
Price making a candlestick with a long lower shadow indicating a bounce into support. The downtrend was broken a few candles ago. Price at 61.8% Fib after a correction. Volume and CVD supporting the idea.
Timeframe: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
NZDJPY is all set to continue its upward movement! The price is moving within an ascending channel and has just hit the lower limit again, bouncing back up and forming a bullish candlestick with a long lower wick and a small body. This suggests that sellers have made another unsuccessful try to change the trend, even creating a higher low that backs up the uptrend. The price is also bouncing off the 50% Fibonacci retracement level. NZDJPY is moving towards the major volume activity price range around 90.5. On top of that, volume analysis backs this up, indicating that buyers are getting stronger and ready to push the price up.
Time Frame: daily
Idea support:
- Price action
- Volume Analysis
- Trend analysis
CVD AI PRO - 3.1 Conservative Day Trader CVD AI PRO - 3.1 Conservative Day Trader (updated)
Summary:
This advanced technical indicator combines Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), and Percentage Change analysis to generate long trading signals. Designed for the discerning trader, it integrates a comprehensive approach by considering volume, price volatility, and trend momentum to identify potential market entry points.
Features:
• Timeframe Selector: Allows users to specify the desired analysis timeframe, enhancing the indicator's flexibility across different trading strategies.
• Conservative Signal Filter: An optional filter that prevents the generation of consecutive buy or sell signals without an alternating signal, promoting a disciplined trading approach by ensuring that each buy signal is followed by a sell signal and vice versa.
• ATR-Based Stop Loss Calculation: Utilizes a dynamic ATR multiplier to determine optimal stop loss levels, adjusting to market volatility.
• Cumulative Volume Delta (CVD): Offers insights into market momentum by accumulating volume changes, providing a unique perspective on market sentiment.
• MACD & Confidence Level Analysis: Incorporates MACD line movements and a custom confidence level based on CVD normalization to refine signal accuracy.
• Volume Filter: Enhances signal reliability by including volume trends in the analysis, with options to activate or deactivate this filter based on user preference.
• Customizable Parameters: Includes user-defined inputs for ATR length, CVD length, MACD settings, and more, offering a tailored analytical experience.
• Signal Labels with Enhanced Visibility: Marks buy and sell signals directly on the chart with labels featuring increased font size, improving readability and decision-making speed.
• Directional Trend Labels: Provides immediate visual cues about the market's direction, aiding in quick assessment of current market trends.
Use Cases:
Ideal for traders looking for a comprehensive, multifaceted technical analysis tool, this indicator suits various trading styles, from swing trading to longer-term investment strategies.
The Conservative Signal Filter and enhanced signal labels particularly benefit users seeking to minimize risk and focus on clear, well-defined market entry and exit points.
CVD PRO Buy Sell Signals for scalping in Crypto FuturesCVD PRO v3.0 - Crypto Capital International
Indicator Overview:
This indicator combines several key elements to provide insights into market trends and potential trading signals. It incorporates Cumulative Volume Delta (CVD), Dynamic Average True Range (ATR), Percentage Change, MACD (Moving Average Convergence Divergence), and G-Trend filters. By analyzing volume, price movements, and momentum indicators, it aims to identify potential buying and selling opportunities.
1. How It Works:
• CVD (Cumulative Volume Delta): CVD is calculated by cumulatively summing the volume multiplied by the sign of price changes. This helps gauge the strength of buying or selling pressure.
• ATR (Average True Range): ATR measures market volatility, providing insights into potential price movements. The dynamic aspect adjusts ATR based on market conditions.
Percentage Change: This indicator calculates the percentage change in price over a specified period.
• MACD: MACD is a trend-following momentum indicator that helps identify trend direction and potential reversals.
• G-Trend: G-Trend identifies bullish or bearish trends based on price movements relative to a moving average.
2. How to Use It:
• Buy Signals: Generated when confidence level surpasses a threshold, MACD signal is bullish, CVD is positive, and optionally, volume filter conditions are met.
• Sell Signals: Generated when confidence level surpasses a threshold, MACD signal is bearish, and optionally, volume filter conditions are met.
3. Market Conditions It Works In:
The indicator is suitable for various market conditions, including trending, ranging, and volatile markets.
It's particularly effective in identifying trends and potential reversals during periods of significant volume and price movement.
4. Base Indicators Explained:
CVD: Measures volume-based buying or selling pressure.
ATR: Indicates market volatility and potential price ranges.
MACD: Identifies trend direction and momentum.
G-Trend: Helps confirm bullish or bearish trends.
5. Volume Filter:
The volume filter optionally includes green (bullish) or red (bearish) volume bars to confirm buy or sell signals.
Traders can toggle the volume filter based on how many signals will be filtered from the daily volume inflows or outflows
Volume Bar Colors:
The volume filter compares the current volume bar color with the previous volume bar color.
A green volume bar indicates that the closing price of the current bar is higher than the closing price of the previous bar, suggesting bullish sentiment.
A red volume bar indicates that the closing price of the current bar is lower than the closing price of the previous bar, suggesting bearish sentiment.
Filter Logic:
For buy signals, the volume filter confirms bullish momentum by checking if the current volume bar is green (indicating buying pressure).
For sell signals, the volume filter confirms bearish momentum by checking if the current volume bar is red (indicating selling pressure).
Usage:
Traders can choose to enable or disable the volume filter based on their trading preferences.
Enabling the volume filter adds an additional confirmation criterion to buy and sell signals, potentially increasing the reliability of trade decisions.
Disabling the volume filter ignores volume bar colors and relies solely on other criteria (such as MACD, CVD, and confidence level) for generating signals.
Considerations:
The volume filter is optional and can be toggled on or off based on individual trading strategies.
It's important to consider the overall context of price action and volume trends when interpreting volume bar colors.
Traders may adjust the sensitivity of the volume filter or combine it with other volume-based indicators for more nuanced analysis.
Implementation:
The indicator code includes logic to check volume bar colors (green or red) and incorporates this information into signal generation.
Buy signals are confirmed by green volume bars, while sell signals are confirmed by red volume bars.
Bitcoin Price Action and Data Analysis: A Trading OverviewIn the realm of Bitcoin (BTC) trading, it is vital to pay close attention to both price action and data analysis in order to formulate effective strategies. Here's a brief overview of some key elements I have noticed in recent trading patterns.
Firstly, concerning BTC price action analysis, a notable event is the sweeping of the monthly high. This means that BTC's price has not only touched but exceeded the highest point it has reached within this month. While this can be a bullish indicator, it's also worth noting that there's a monthly level resistance, another critical factor to consider. Monthly resistance is a level where sellers tend to enter the market in larger numbers, pushing the price down.
With just 24 hours left until the U.S. stock market opens on Monday, it would be wise to take a pause. Rather than rushing into a decision, I will wait until Tuesday, after the formation of Monday's high and low points. This way, I can devise subsequent strategies based on more concrete data.
Switching focus to BTC data analysis, several observations are worth discussing. To begin with, early positioning at the bottom has been squared off. This essentially means that traders who had opened positions expecting the price to drop further have now closed their positions.
Moreover, Cumulative Volume Delta (CVD), a technical indicator used to show the difference between the Buy and Sell volume, has not been able to keep up with the recent local highs. This could potentially signal a lack of buying pressure in the market. (Check in updated ideas)
A slight increase in the long-short ratio is observed, indicating a modest growth in the number of long positions compared to short ones. However, it's crucial to acknowledge the multiple large-scale short squeezes that have happened, where the price of BTC rises sharply forcing short sellers to close their positions.
These factors, coupled with recent market conditions, are fostering a bias towards the bearish side. However, it's crucial to remember that market sentiment can quickly shift. While these factors can guide strategic decisions, they should not be the sole basis for making trades. Always conduct thorough research and maintain a comprehensive understanding of the market's volatility.
Bitcoin - BTC near points of bullish power🔴Bitcoin BTC
The Cumulative Volume Delta (CVD) displays the cumulative volume changes based on the volume traded by sell aggressors🟢versus buy aggressors⚫️
Points of switch to bullish power🔴
Are we here dear Crypto Nation?👀🚨🚀
Comments💭, Likes♥️ & Follow🔗appreciated
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
📊 Cumulative Volume Delta (CVD)📍 CVD describes the number of contracts bought at the offer minus those sold at the bid. It simply measures the "aggressiveness" of buyers versus sellers. If the sellers are aggressive, they place limit orders instead of market selling and vice versa. CVD is the easiest method to use delta in your trading.
🔹UPTREND EXHAUSTION
Price is making new highs but CVD isn't. This shows a lack of interest coming from aggressive buyers who would be needed to continue the price increase. We can expect a short term reversal to the downside.
🔷UPTREND ABSORPTION
CVD is making new highs but price isn't. This shows that there is a lot of activity from aggressive buyers trying to push the price higher but their market buy orders are getting absorbed by limit sell orders.
🔷DOWNTREND EXHAUSTION
Price is making new lows but CVD isn't. This shows a lack of interest coming from aggressive sellers who would be needed to continue the price decrease. We can expect a short term reversal to the upside.
🔷DOWNTREND ABSORPTION
CVD is making new lows but price isn't. This shows that there is a lot of activity from aggressive sellers trying to push the price lower but their market sell orders are getting absorbed by limit buy orders.
👤 @AlgoBuddy
📅 Daily Ideas about market update, psychology & indicators
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Another BTC Short Squeeze coming? Can we go higher today?CME:BTC1! INDEX:BTCUSD BYBIT:BTCUSD
Yesterday I took a long on Bitcoin as I saw a short squeeze playing out.
This morning I'm seeing almost an identical situation unfolding. Massive market shorts opening at a weekly support and at the lows of the candles.
If we have big demands for longs turning up, we will see over leveraged shorts closing up and a possible move up above current resistances.
I take you through the scenarios that could play out and what to look out for.
I'm still in my long trade from yesterday, with stops in profit.
BTC will also move with the traditional markets. If the ES pumps, so will bitcoin, so be sure to keep an eye on that asset.
Keep good risk management in your trades!
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
BTC Short Squeeze spotted-CVD and Order Flow for the win!BTC Short squeeze spotted-CVD and Order Flow for the win! (Long Trade!)
Why it's important to be able to read order flow and CVD. So many youtubers get super bearish at support and super bullish at resistance.
I show you how I spotted the short squeeze before it happened and my reasons for entering a long trade on BTC
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
Unfi Short Scalp using CVD to confirm the trade - 84.86% profit BINANCE:UNFIUSDT BYBIT:UNFIUSDT COINBASE:UNFIUSD
Educational post on CVD or Cumulative Volume Delta and how I use it to confirm scalps and swing trades
Unfi Short Scalp using CVD to confirm the trade - 84.86% profit in 30 minutes!
Delta only shows us market orders. NB!!!
Bearish CVD: (used in this trade)
Price making LH but CVD making HH. People are aggressively market buying, but highs in price can’t be taken out. Bigger limit order trader has absorbed price
Bullish CVD:
More people market shorting (CVD) but Price forms HL. CVD makes LL.
if price making HL and more people market shorting, then a bigger trader or traders has come in with a limit order and absorbed the market shorts
Both leads to trapped traders and you can expect a decent follow through.
Not Financial Advice. DYOR. Papertrade before trading with real money.
Hope you have a profitable trading day!
Shawn
C98USDT Ready to break out? Bullish OBV and CVD DivergencesBYBIT:C98USDT
Coin98 is currently bouncing off the range POC. If we get bullish price action here and hold this level, we could see a breakout happening.
Bullish OBV and CVD Divergences are forming on the 30m and 1hr chart.
We also have a massive Falling Wedge pattern. If we break out of the upper trendline, we could see big moves ahead, especially if Bitcoin breaks out and starts heading towards $35000.
TP areas in the video as per levels marked on the chart.
SL according to your risk tolerance.
Not Financial Advice. DYOR. Papertrade before using real money.
If this analysis helped you, please give it a thumbs up and follow.
Trade Safely,
Shawn
Bitcoin- Bearish retracement vs Bullish reversal? Answer insideHello traders!
I would really appreciate it if you can like my post and follow me if you find my post useful :)
Short-term perspective- Derivative exchanges such as Bitmex and Okex (Both have high trading volume and oI) seem to be betting against bulls at this moment. Even though buying pressure was fierce yesterday at Bitmex, it was not able to break through major sell walls. More likely, we will see the BTC price retraces below 9k once the price reaches 9.2k-9.3k because the volume is on the slow decline as the price went up.
I would continue to buy on the dip up to 8.7k lvl as long as there is no violent price rejection at 9.2k-9.3k lvl. Of course, being cognizant of the fact that BTC could very likely be in the bearish retracement phase, keep the positional size small, stop loss tight and take profit aggressively.
Mid-term perspective- Strong technical confluence and sell walls are located around 9.5k-9.7k lvl. Even if bulls can blast through 9.3k, I see bears step in and potentially end this bearish retracement. Good time to flip short at 9.5k- 9.7k lvl.
If bulls can convincingly break through 9.8k lvl and find the support at the price lvl, then we can safely assume this little correction is over.
No matter what your directional bias is, I would definitely keep buy orders between 7.8k-8k range as I still believe that is the price lvl where bullish reversal/bottom for this correction will take place.
Until next time, happy trading