Oscillators
Silver May Be Attempting a BreakoutSilver has squeezed into a tight range recently, and some traders may expect a breakout.
The first pattern on today’s chart is the series of lower highs since October. Prices have challenged this falling trendline for the last week while staying above December’s lows. Is the resistance fading?
Next, XAGUSD is trying to hold its rising 200-day simple moving average (SMA). That may be consistent with a longer-term uptrend.
Also note how the 50-, 100- and 200-day SMAs are close to each other. A similar convergence appeared in late March as prices began a rally.
They then climbed to their pandemic high around $30 and have remained there since. That may create additional potential for a breakout through long-term resistance.
Finally, MACD is rising.
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Early Impulse on Booking Holdings. BKNGDowngoing triple drive/ABCDE completed, with price action highly suggestive of a reversal. MIDAS curve crossed, cross of vWAP and US also present. That huge candle crosses both also. Crosses on Stoch-RSI and VZO indicators as well. Highly suggestive picture of continuation of bullish price action.
Chevron Heading Underground. CVXA bearish outlook on this situation from a purely technical standpoint. The amalgamation of factors make for a convincing picture. There is a break of MIDAS line, price action cross of US and vWAP line, cross of US/vWAP lines, negative volatility zone oscillations, negative stochastics, trigger cross of downgoing vzo ribbon. And to top it off, exit out of the OBOS territory by the momentum indicator. Good luck out there!
Linde PLC Overstretched. LINConsidering a short on the six hourly chart for Linde. Even though MIDAS line had not been crossed, the market cannot continue in this current fashion. The picture is overbought, flipped on stochastics and volatility with both US and vWAP crossed by price action, which is also suggestive in itself. Different strategies are required in taking advantage of ongoing trends, reversals and breakouts. One strategy or just one algorithm to take advantage of just one aspect of market action is never enough to draw consistent profits.
DXY at Crossroads? Break in Trend Points to Dollar WeaknessUnless we see a significant rally into Friday’s close, the US Dollar Index (DXY) weekly chart suggests the cycle high may already be in. The current three-candle pattern resembles a textbook evening star, often seen at turning points. An opposite morning star signal in early December proved accurate, as did the evening star in late June last year.
This latest signal is notable, especially as it coincides with a break in the uptrend that followed Trump’s election win. Adding to the bearish case, the RSI (14) uptrend from September has been broken, and while not yet confirmed by MACD, it too appears to be in the early stage of rolling over.
Traders should watch for a potential break of support at 107.75, a level DXY has bounced off in three of the past four weeks. If that level gives way, downside targets include 106.736 and 105.44.
Although not technical, it’s worth noting the market has trimmed expectations for Fed easing this year, dropping from six cuts to fewer than two since September. This shift leaves the dollar vulnerable given how much bullish sentiment towards the US economy is already priced in.
$SPY January 23, 2025AMEX:SPY January 23, 2025
15 Minutes
The consecutive gap ups cannot sustain.
A pull back is required around 598-602 levels over the next 3 trading days for the moving average to converge.
I will have a contra setup to short 607-607 levels for 602 levels for the moment.
Usually in 15 minutes chart a difference over 15$ between 200 and 9.21 average results in sideways or a pull back.
EUR/USD - High Probability Trade SetupLooking at this chart price is appearing Bearish but I have other beliefs. As you can see on a Monthly TF you can notice a clear Elliots Wave 1-5 Pattern Followed by this current breakout.
Typically Liquidity will sit higher and will remain untouched after breakout as shows in this graph, I believe we have seen a large swing point being at a Phycological Level and now on smaller time frames we are seeing Bullish movements.
To confirm this Theory on the Daily we have noticed the previous Bullish movment took out Swing High Liquidity and is extremely Oversold. Price will be falling but to where..? We have creating a Change Of Character and unless this changes im now looking for Buy positions. We are creating Higher Highs in the 4H and breaking previous structure points.
On the Chart I have market out key levels being OTE zones, Discount areas and Liquidity all being lower than the current price suggesting this pullback period will inverse this imbalance before pushing us into Higher Highs once again
Will be adjusting our Entry Models as price action moves
Good Luck to all Traders who follow along
Stimulus Hopes Test Downtrend Resistance as Bulls Eye BreakoutChinese policymakers have unveiled another round of measures aimed at boosting sentiment and valuations in mainland stock markets, pushing insurers and state pension funds to increase future allocations.
Who knows whether it will work—the headlines are essentially recycled with a bit of extra detail. Previous stimulus attempts have also fizzled fast, as the price action over the past six months shows. But the announcement is timely, providing a catalyst to spark a bullish breakout.
A50 futures sit at an interesting juncture, sandwiched between downtrend resistance dating back to October’s stimulus euphoria and the critical 200-day moving average.
The price has already taken a couple of looks above the downtrend only to reverse back lower, including earlier Thursday after the details of the plan were released.
However, given the risk state funds may be ordered to buy to drum up excitement among retail investors, it will be interesting to see whether we see a rally into the close.
If we do and the price closes above the downtrend, one setup to consider would be to buy targeting 13200/50-day moving average, 13727, or even the double-top of 14366 set late last year.
Depending on your target and risk tolerance, a stop could be placed beneath the downtrend or 200-day moving average for protection.
Momentum indicators have turned bullish, potentially improving the probability of a breakout sticking.
Good luck!
DS
Cycle similarity according to Pi-Cycle Top Risk/DeflectionAligning the bottoms of the Pi-Cycle Top Risk (PCTR)/Deflection (PCTD) indicator shows that this cycle has shown more similar behavior to the 2016-2017 cycle than the 2020-2021 cycle. So far we have had two major waves of the PCTR/PCTD, just as in the 2016-2017 cycle. The 2020-2021 cycle only had one. The third larger wave in the 2016-2017 cycle led to the blow-off top.
This is just one piece to the puzzle, but I think we are looking at a "smoother" cycle until the top (similar to 2016-2017), but I don't think we will get a blow-off top again in $BTC. I'm looking for more of a Wykoff distribution top like the first top in 2020-2021.
--Da_Prof
$TRUMP 1H Chart Analysis – Bearish Sentiment with Key LevelsHere's my quick take on $TRUMP's 1-hour chart:
🐻 Current Sentiment: Bearish
Key Highlights:
🔴 Resistance Rejected: A failed breakout rally indicates selling pressure at higher levels.
🔴 Fakeout Rally: A fakeout near resistance has further strengthened the bearish case.
🔴 RSI: Not yet oversold, signaling there may still be room for downside.
🟢 Stoch RSI: Oversold, suggesting a potential short-term bounce near support levels.
Key Levels:
Resistance Zone: $40.50 - $46.00 (Ideal shorting opportunity when overbought).
Support Zone: $30.40 - $31.37 (Potential entry point for long positions).
My Plan:
Short at resistance or during overbought conditions.
Watch for a bounce near the support range.
Closing Thoughts:
This is a short-term analysis that’s only valid for the next 12 hours, so stay sharp! What’s your take? Bullish or bearish? Let’s discuss!
#CryptoTrading #TRUMP #Altcoins #TechnicalAnalysis #BearishTrend
SHOP Go Long! Will it break out this time?Recently SHOP has retraced and held the 50% Fib level and has been trading within a channel where it is about at the mid point of it. The King Trading Momentum Strategy yesterday issued a buy signal. This strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes. It has been forming a bull flag on the hourly and pre-market suggests this may be ready to break out. I followed the signal and bought a half position, looking to protect the trade at take-profit of 4%. During backtest this proved to be an optimum area and a stop-loss of 3% is warranted. SHOP and over 100 equities are built into this script. If trade protects at 4%, a trailing stop-loss of 2% will be adhered to in order to lock in as much profit as possible if this stock breaks out of the descending channel! I'm thinking its not too late for me to add to this position given typical morning volatility.
$SPY January 22, 2025AMEX:SPY January 22, 2025
15 Minutes.
The gap between 200 and price in 15 minutes is more than 12$.
For the extension from recent low near 575 to 592 to 589 604 targets will be achieved.
But there is oscillator divergence.
A pull back this week to 597-598 levels which is 100 averages on 15 minutes will be a good entry point for long.
For the day holding 601 is important.
Example of explanation of chart analysis and trading strategy
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There was an inquiry asking for detailed information on how to analyze charts and create trading strategies accordingly, so I will take the time to explain it.
Before reading this article, you need a basic understanding of charts.
That is, you need to understand candles and price moving averages.
If you study this first and then read this content, I think you will have some understanding of trading.
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Whether you are trading spot or futures, marking support and resistance points according to the arrangement of candles on the 1M, 1W, and 1D charts is the first task you need to do before trading.
To do this, you need to understand the arrangement of candles.
Therefore, before using my indicator, it is better to study candles first and understand the arrangement of candles.
When studying candles, it is better not to try to memorize the names or shapes of various patterns.
This is because the overall understanding of candles is important, not the various patterns of candles.
If you study with a book or video, you will be able to understand candles after reading or watching them at least 3 times.
We study charts to trade, not to analyze charts and teach them to others, so we need to study efficiently and save time.
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If you study candles, you will naturally understand the price moving average.
The indicator corresponding to the price moving average is the MS-Signal indicator.
This MS-Signal indicator consists of the M-Signal indicator and the S-Signal indicator, and the main indicator is the M-Signal indicator.
Therefore, we added the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1M chart to the 1D chart so that we can see the overall trend.
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You can see the arrangement of the MS-Signal (M-Signal of 1M, 1W, 1D charts) indicators in the example chart.
Currently, since the M-Signal of the 1M chart > the M-Signal of the 1W chart, we can see that it is a reverse array.
If you understand the price moving average, you will understand that we should not trade when it is a reverse array, but when it is a regular array.
Therefore, since the current state of the example chart is a reverse array, it is not suitable for trading.
However, the reason we brought this chart in this state is because the M-Signal indicators of the 1M and 1W charts are converging.
As convergence progresses, it will eventually diverge.
Therefore, since the possibility of price volatility increases, the possibility of capturing the timing for trading increases depending on whether there is support at the support and resistance points.
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The indicators included in the example chart are drawn as horizontal lines to indicate support and resistance points.
This work performs the same role as the support and resistance points drawn on the 1M, 1W, and 1D charts according to the arrangement of the candles mentioned above.
Therefore, on the 1M, 1W, and 1D charts, horizontal lines are drawn on the indicators to indicate support and resistance points.
You can draw horizontal lines on indicators that are horizontal for at least 3 candles, and if possible, 5 candles.
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Among the HA-MS indicators, the important indicators are the HA-Low and HA-High indicators.
The HA-Low and HA-High indicators are indicators created for trading on the Heikin-Ashi chart.
Therefore, it is the next most important indicator after the MS-Signal (M-Signal on 1M, 1W, 1D charts) indicator that can tell the trend.
You can create a trading strategy depending on whether there is support near the HA-Low, HA-High indicators.
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The next most important indicator is the BW(0), BW(100) indicator.
When this indicator is created or touched, it is time to respond in detail.
That is, when you are trading with a trading strategy created from the HA-Low, HA-High indicators, when the BW(0), BW(100) indicators are created or touched, you can choose whether to proceed with a split transaction.
In addition, you can understand the OBV, +100, -100 indicators as response points for split transactions.
Therefore, you do not need to indicate support and resistance points for the OBV, +100, -100 indicators.
However, it is recommended to mark support and resistance points for the HA-Low, HA-High, BW(0), BW(100) indicators.
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If you look at the price position in the example chart, you can see that it is located in the 0.03347-0.03485 range.
And, the M-Signal indicator of the 1W chart is passing through this range, and the HA-High indicator of the 1W chart is acting as support and resistance.
Therefore, whether there is support near 0.03485 is an important key point.
If support is confirmed near 0.03485, it is a time to buy.
However, since the MS-Signal (M-Signal on the 1D chart) indicator is passing between 0.03485-0.03814, the point to watch is whether the MS-Signal (M-Signal on the 1D chart) indicator can break through upward.
As I mentioned earlier, if the MS-Signal indicator passes, a trend change will occur, so it is significant.
Therefore, in order to turn into a short-term uptrend, it is likely to be supported around 0.03814-0.03982.
Therefore, the first split selling section will be around 0.03814-0.03982.
At this time, whether to sell or hold depends on your investment style and investment period.
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Since the M-Signal indicator on the 1M chart is passing around 0.04341, it is likely to start when the price is maintained above the M-Signal indicator on the 1M chart in order to turn into a long-term uptrend.
Therefore, the second split selling period will be around the M-Signal indicator on the 1M chart.
This is also something you can choose.
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An important volume profile section is formed around 0.03038.
Therefore, the 0.03038 point corresponds to a strong support section.
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(30m chart)
When the time frame chart you are trading is below the 1D chart, it is recommended to activate the 5EMA indicator on the 1D chart.
(I just used the 30m chart as an example. The same principle applies to any time frame chart you usually use.)
This is because there is a high possibility of volatility when the 5EMA of the 1D chart and the M-Signal indicator of the 1M, 1W, and 1D charts are touched.
In other words, you can understand that it plays a certain role of support and resistance.
If it touches the HA-High, BW(100) indicator and falls and falls below the MS-Signal indicator, it will basically touch the HA-Low or BW(0) indicator.
On the other hand, if it touches the HA-Low, BW(0) indicator and rises and rises above the MS-Signal indicator, it will basically touch the HA-High or BW(100) indicator.
However, since it may not do so and may rise or fall in the middle, it is necessary for the support and resistance points drawn on the 1M, 1W, and 1D charts as mentioned earlier.
The support and resistance points drawn on the 1D chart are currently indicated at the 0.03347 point.
Therefore, even if it falls below the MS-Signal indicator, you can understand that there is a possibility of rising again around 0.03347.
Since the 5EMA of the 1D chart and the M-Signal indicator of the 1W chart are passing around 0.03485, we can see that the area around 0.03485 is an important support and resistance zone.
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Since the StochRSI indicator is currently above 50, we should focus on finding a time to sell.
Since it has fallen below the BW(100) and HA-High indicators, it has fallen too much to start trading with a sell (SHORT) position.
However, if you can respond quickly, you can enter a sell (SHORT) position when it falls from the 0.03411 point where the MS-Signal indicator is passing.
When the StochRSI indicator falls below 50, we should focus on finding a time to buy.
At this time, you can trade based on whether there is support or resistance at the support and resistance points drawn on the 1M, 1W, and 1D charts or around the MS-Signal (M-Signal on the 1M, 1W, and 1D charts), 5EMA, HA-Low, HA-High, BW(0), and BW(100) indicators on the 1D chart.
As mentioned earlier, you should not forget that trading strategies can be created based on whether there is support at the HA-Low and HA-High indicators.
Therefore, if possible, it is recommended to trade based on whether there is support near the HA-High indicator point of 0.03443.
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Thank you for reading to the end.
I hope you have a successful trade.
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"Look At The Gold Price...You Will Notice 3 Things"Honestly life is no fair.Sometimes you are trying to me something for yourself and you fail.
Meanwhile you are feeling lonely because you are on this journey of capitalism alone.
But there is hope if you don't give up.
When you look at the price of gold TVC:GOLD
You will notice 3 things:
👉The price is above the 50 EMA
👉The price is above the 200 EMA
👉The price has the #1 candlestick pattern
What is The #1 Candlestick Pattern?
Look close enough you will see 3 Green Candlesticks this pattern
according To Steve Nissan's Book showing you candlestick patterns
Is called the 3 white soldiers
This candlestick pattern is a bullish pattern showing you a rally up
This is what I called the rocket booster strategy.
To learn more about it rocket boost
This content.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money.
Also use a simulation trading account before you use real money.
$PEPE - Price Action, MACD, RSI, Stoch RSII have had accumulated some Pepe back in May of 2023. I have not sold any and am looking to exit my position sometime this year.
I have charted up the divergence between Price action making lower lows while RSI and MACD have made higher lows. I have gone back through the past to find 3 different examples of divergences resulting in trend shifts from being bullish to bearish. Then after the bearish correction with some time you can see that there is a consolidation period. RSI MACD And Stoch RSI resets. Price RSI and MACD then diverge and after sometime price will base or then break out of a base resulting into a higher leg up.
Pepe has been a very well performing Crypto Coin and has yet to make a higher high this year. Last time was in dec of 2024.
I am currently looking for continued consolidation, Divergence of Price action RSI and MACD which I see some development of and I expect that in the near future we will see another leg Higher. What I will look for is a break out either above or below the consolidation and see how that correlates to the indicators I am starting off using this year. I do expect a higher leg up given the current environment of a President, Regulators and sentiment Leaning PRO Crypto.
RUS 2000 | Market Crash AheadDetailed analysis in regards to my latest video.
Comparing RUS to the general markets we can see that SPX is overperforming which can be used as a leading indicator to prepare for a possible crash to come most likely mid year Q2 - Q4 and bleeding into 2026.
I also added DJT to the mix and it also is underperforming to what the SPX is doing now days.
What does this mean for crypto?
We can see BTC attempt to make one more leg to the upside, no more than $300k and at least a 100% runup from current levels ~($108k).
Altcoins will most likely look to rip Q2 - Q3 as BTC.D struggles to run any higher.
DXY is also at a structural low ~(100) and will look to finish its goal to hit ~120.
My original call since 2021 was to see BTC hit $300k by 2025 - 2026. We'll see if price action surprises me!
My SPX call in 2023 also gladly hit $6,000..we'll see whats next to come👀