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Overbought

Introducing the Dynamic Fusion OscillatorHello, it's Stock Justice here! In our latest video, we delve into the world of the Dynamic Fusion Oscillator (DFO) - a tool that blends the power of the Relative Strength Index and the Stochastic Oscillator. I walk you through how it works, from understanding these two base components to how we fuse them to create a balanced and sensitive tool for identifying market trends and reversals. We dive deep into how the DFO uses moving averages to signal potential bullish or bearish trends, and how divergence within the DFO can indicate trend reversals or continuations. I also touch on the DFO's capacity for multi-timeframe analysis, giving you the bigger picture of market trends. Wrapping up, I remind you of the DFO's value as a versatile trading tool, but also emphasize the importance of using it alongside proper risk management and other technical analysis components. All in all, this video is a must-watch for traders aiming to enrich their toolkit and navigate the market more effectively!
NASDAQ:NVDAEducation
by StockJustice
The worst trading strategy for HARSI or any other indicator.**Not gonna lie. This is a 20+ minute video because I almost lost it, and I went on a RANT! The way I see people just blindly accepting and using ridiculous strategies on indicators is just awful.** I have come across countless TV, YouTube, and other online sourced videos filled with misinformation, and I will make it part of my mission to call out these ridiculous strategies. I just cant sit idlily by while you guys blow your accounts away making bad trades off of horrible information, based from someone who obviously is NOT a real day trader. With that, in todays video, with my brain on fire and my mouth being held back, I am going to cover the strategy I keep seeing here on YouTube. Its one that people claim "The developer told them to use." The strategy is for the original #HARSI (#heikenashi #harsi ) I'm here to tell you, that i have spoken with the original developer a number of times and NOT ONCE did they say this strategy is theirs or that they use it. I'm also going to give you a very quick run through of a proper way to use the new version of the HARSI called the #CSCHARSI or (#coffeshop #Crypto #HARSI ) Download the indicator here: My Tradingview Profile: www.tradingview.com
Education
by CoffeeshopCrypto
12
A Silent Build Using the SPY Weekly Chart, I.D Your Pivots-WicksWassup people, I have another "Silent Build" here. A quick 3 min video on the movement of the market & to keep in mind always use your wicks or pivots as a price action guide. Always use your higher timeframes just as much as you use your lower timeframes. Taking a look at SPY's weekly chart, we see the COVID recovery from Mar-Aug. In Aug price stalled & went rangebound for over 2 months. Then in Oct, a week before the U.S election the market printed a Double Bottom Pattern & one week after the election the market broke out into new ATH's & never looked back. That run lasted a year from Nov 2020 until Dec 2021. This crazy Bull market has been on fire, but let's be honest, with all the money the government was dumping into the economy we knew some pain was ahead & here it is. If you were keeping tabs on your higher timeframes, you could have begin to get in front of it from Nov 2021 up to Jan 2022. Some of the key pivot levels on the way down have already been broken. 426 & 405 to be exact. We had a strong bear leg from April of last month until May. Here's a fun fact, historically when the market sells off for 6-7 weeks straight, it usually was the pre-cursor to a bear market & recession. Go pull up your chart & pinpoint the years: 2000, 2001, 2002, 2008, 2011 & 2022 to grasp my POV. The market usually bounces after 4 week selloffs. This time around it kept rolling over for another 3 weeks! Investors/Traders should start to pay attention if they haven't been before. Everything isn't a "Dip Buy" some investors & traders have & may continue to find that out the hard way. Overall, my downside levels are 383-320. With 320 being a pre-election level. Granted these levels are long-term levels. You have to account for bounces and minor recoveries as well. The market could just as well reverse back into the range of 404-470 over the course of 2022. In the case of any continued downside movement, I will keep 383, 378, 367, 360 & 320 has my targets. Hope everyone collects a bag rather we bounce or roll!! Peaaacceeeeeeee!!!!!
AMEX:SPYShort
by DayTraderEarl
HOW-TO Know This Chart Is EXTENDED? The Stock market overall is VERY extended You might hear this term being used a lot these days. For beginners, it could be a confusing thing. In trading we like to time our entries. We don't want to buy something when its "too expensive" In Chart terms, an expensive stock is one that has trend strongly for a period of time and showing signs of Exchaustion or Reversal In this video I try to explain what makes a chart an "extended" or "Over Priced Stock"... I use my Indicators and Chart pattern to answer this question. Let's see how!!!
NASDAQ:QCOMEducation
by iTradeAIMS
1
Multiple Timeframe Agreement on CADCHF - further descriptionShorting based on on using the linear regression channel to establish value for money. The price was overbought on the daily and H4 (i.e. interacting with the upper linear regression channel). The previous two days candle have been toppy and interacted with previous support and resistance areas. This adds weight to the decision to short, as well as a reference point for the stoploss (above the daily candle on the 11th June). The lower timeframe (h1 and 15min) have a double top, and viably started to my lower highs. Entry at time of recording is slightly aggressive. A more conservative trade would be waiting for the price to move passed the support evident on the lower timeframes. Entry: 0.7463 Stoploss: 0.7495 Initial Take Profits Target: 0.7425 Initial R:R: Roughly 1:1
Short
by NextForexTrade
[LTC-USD] BREAKOUT-EXHAUSTED-OVERBOUGHT!LTC had a beautiful break out of about 24% in just 5 days! Wow.. that was really nice. I hope we can see more like that soon. This bullish sentiment is on fire, now, and I can see both American , European and Asian markets finally all collectively work together in team play moving up the volume and price action of all crypto across the board. What a relief! Finally, we have some nice price action after 4 months of bearish activity since Jan.. LTC is completely overbought and I am not touching this until it corrects again between $161-171 PS. This is not financial advice, this is only for education purposes and I suggest you perform your own TA. If you learned even just one thing from my video then, please support me and give a like and feel free to follow me to see how I profit from my trades! Thanks CryptoBuzzAnalyst
BITFINEX:LTCUSDShort
by CryptoBuzzAnalyst
11
[BTC-USD] SENTIMENT ON STERIODS! OVERBOUGHT!Bitcoin has been organically bullish since April 17th, 2018, which is where I'm personally declaring the bullish trend has possibly started! As I mentioned, I like organic growth. I despise, whale & HFT pumps on any crypto and I never account for any of that to be real on my technical analysis. As much as I'm a bear, the high volume in the last 5 days is proving directly to me this is definitely turning around! Remember, I keep many spreadsheets on excel and have a lot of formulas set up with projections on price action from a mathematical standpoint. I am not a mathematician, but I did graduate in Architecture and have an engineering construction management background. So, I can get very technical if I need to be! I keep logs on all my short day trading and have a 83% win ratio. The feedback I'm getting from some viewers is that my overall accuracy is about 50%, which is guess is good. I have no idea how they came up with that percentage. lol.. The general sentiment of BTC is super high right now. People have been waiting since Jan to make some money..I believe people are too desperate to make some money, and that is why you should be careful of your entry points. Its all about psychology. Don't follow the sheep and join the FOMO! You could loose a whole lot. Wait for confirmations! But the lowest entry point i made was at $6,700. If you missed that one. Well here is your next best entry point considering how bullish we have become in the last 5 days. My next entry point should be around low 8000k as discussed on my video here! As I mentioned on this video , VOLUME to me supercedes anything! Without Volume , there are no solid bull rallies! Remember that your risk reward ratio should be no less than 1-3.. I always shoot for higher if I'm going long! Too many traders take extremely short term risk and don't even know how to account for risk /reward ratios. Good Luck till my next video! PS. This is not financial advice, you must perform your own TA. This is very educational purposes only! Thanks, give me a like if you enjoyed this video and follow me to see how I consistently profit in crypto. CryptoBuzzAnalyst
COINBASE:BTCUSDLong
by CryptoBuzzAnalyst
2