Get started

Price-action-analysis

A tool for period trend & price calculations. Hi, I have tried and used all tools and luckily I can say, the #tradingview has unique and #amazing tools for all traders of the world. Today I am just analyzing chart and price change i.e. momentum, and was searching a tool for price bracket, but it is unavailable in the tool bar. So what is this price bracket? I am also sharing my #banknifty 1H chart, where I was trying to get that. Actually I am using #rectangle to bracket some candles, so I can calculate how the price moved during the period. And for more clarity I used my excel sheet, what a complications! isn't it? Well; I would like to suggest my #ideas that I am seeking a tool for this type of calculation, although I take support of the tool #measure but it is not work for my desired calculations easily. I am also sharing a image of what it will look a like. Thank a lot for your chartings, It really worked more.
NSE:BANKNIFTY
by avinash382875
BTC QUICK ANALYSIS OF PRICE ACTIONBITSTAMP:BTCUSD btc is currently down trend. after breaking out of rising wedge we had seen massive decline in price. no btc seems to be forming a falling wedge which is bullish for short terms. what i think the price will do is to retest 20600 and gets rejected so we can retest the lower of june-july. right now we can also observe bullish divergence in rsi which is yet to be confirmed. make sure you should put massive orders when btc hit 19200 and place your SL below 18600
BITFINEX:BTCUSD
by CryptoSlazy
Long Position on the EURUSDIn the current price action, the buyers momentum are strongly Overcoming the sellers power. Witnessing a strong bullish trend forming with the price action. This position goes long on the Euro gaining strength with the current economy crisis in the Russian - Ukrainian feud. Strengthening the Euro as Demand rises. A buy limit set at .10096 Risk Reward Ratio is going for a 1:2 We are expecting a retest on my trendline at my opening position then Skyrocketing out of my resistance. TP set at resistance zone.
Long
by jayxinmiles
EURUSD Weekly Analysis -- Bull FTSo far this week is resulting in follow through buying from the wedge reversal which set up two weeks ago. However the weekly chart has been in a tight trading range, which decreases the probability of a strong breakout without a pullback first. The wedge is likely to lead to two legs sideways to up, even if only small. The first bull target is the 1.18 double top and start of the bear channel. If instead prices stall at the 1.145 lower high, the bears will likely get a larger third leg down and test of the bull breakout gaps below, forming a larger wedge. The bulls need a series of strong consecutive bars over the next few weeks to convince the market the low is in. If instead there are tails above bars (weak closes), and not so great follow through - expect the heavy two sided trading to continue. If you found this helpful, please like! Feel free to comment or ask questions.
by tradersmentality
1
DECISIONS-WHERE TO NEXT FOR AUD/CHF? CONTRIBUTIONS APPRECIATED! So I've been quite dovish about publishing ideas as I am new/green to publishing and still growing in the trading arena. I've been watching FOREXCOM:AUDCHF since June and thanks to the education I have been receiving lately, my analysis of this pair has been quite spot on, so I'm so happy I have found such good teachers and I am seeing signs of grasping the knowledge they have been passing on. Education - Get some :). I am essentially short to medium term bullish this pair in light of the new structure highs and higher lows it has established over the last 2 months. However, price action has come to a decision point. Price action has completed the Inverse H & S to measured target (Navy Blue arrows) and has now come into significant resistance at about 7779.5 (21 Feb 2017-Trading View Daily Chart). Despite the positive/neutral outcome of the RBA rate decision and upbeat statement at 5:30 am GMT, price action during today's session has pulled back from the high of the day at 7775.2, which supports in this short time (we still have the rest of the week to go) my expectation that price action may consolidate within the above mentioned resistance level, and resistance turned support at 7719.3 (20 Mar 2017) (red arrows). I anticipate that any deeper retracement/consolidation should be limited to supports at 76222 (17 April 2017)(orange arrows), where confluence has been identified,: - 50% Retracement of Low-7550.8 (20 July 2017), High 7775.2 (1 Aug 2017) = 7623.7, - 23.6% Retracement of Low of Head - 7145.1 (2 Feb 2017), High 7775.2 (1 Aug 2017) = 7626.5 - 227.2% Fib Inversion of Right Shoulder Low-7272.5 (27 Jun 2017), Neckline of Right Shoulder-7428.0 (16 Jun 2017), Back to Right Shoulder = 7625.8 and 7479.4 (most recent structure low) which falls on the rising trend line. With news due out until next week (Friday 11th Aug 2017-Thank you Trading View) that could influence this pair, I anticipate that price action may continue this consolidation phase until then at which time a decision may be made on direction following RBA House Economics Committee Meeting on 11 Aug. As my bias is strongly Bullish, I would be looking for a breakout above resistance at 7779.5 at which point sky's the limit for FOREXCOM:AUDCHF . With no significant resistance in sight, price has the potential to rally to between 8330.2 (13 Jan 2015) and 8430.0 (7 Oct 2014) which are the next identified significant structure levels. I decided to share this because of the success have I had with my analysis on the Inverted Head and Shoulders pattern which I was able to get involved in right from the break out (It was such a dangled carrot, met all the rules, excellent risk reward, high probability, all the stars are aligned opportunity) and watched this pair rally to the measured completion target early Friday morning (was actually doing analysis and back testing when completion happened-so still super chuffed, haven't come down yet). Unfortunately, I preempted the market in the early stages (saw a potential harmonic pattern forming at about the Outside Return/Higher Low) and closed the position early for a 62+ pip win (YAY) but with targets hit, I left 247+ pips on the table (sad face). Lessons learned, don't preempt the market, moving forward :). As such, I would be most grateful for feedback and contributions. I am truly appreciating how lonely this trading game can be and how important education, feedback and community support is to growing success and would really value the community's contributions. Can't let a bit of success go to the head now, so close to the eureka moment. Thanks all (and to my teachers most especially-Muchos Gracias).
by scorpiousg
EURUSD Update: Watch 1.0719!This is a technical analysis to note key institutional levels, not a trade recommendation. After bouncing just ahead of the 1.058 key institutional support level buying pressure is evident. Focus is now on the 1.0719 key institutional resistance level. A sustained break above it will clear upside with next key institutional resistance level at 1.0851. Only move all the way back down to 1.058 will take pressure off the upside and put the focus on the downside. FAQ What is an institutional level? Put ten traders in a room and instruct them to note key support and resistance levels. No doubt some of them will locate the proper levels, but there will surely be discrepancies among them because finding key support and resistance levels is subjective. Large financial institutions like big banks and hedge funds employ technical analysts to avoid these uncertainties and to justify what specific levels will attract institutional money.
by UnknownUnicorn261897
1
Learn How to Follow the Overall Trend and You WILL Succeed!Hi traders, here at Unique4xPro we are firm believers that price action trading is the way to go in these markets and for that reason we do not use any indicators. We base our trades solely on price action and we only trade in the direction of the overall trend to ensure that all of our trades are backed by the banks and institutions that are backing the direction of the trend with huge amounts of money. We hope you find this useful and please comment if you have any questions... We will be happy to answer! You can also learn a lot from our YouTube live streams which we do at 7 P.M. E.S.T. every Monday, Wednesday, and Thursday. All of our streams are automatically uploaded to our channel so that they can be watched back: www.youtube.com
Education
by UnknownUnicorn261897
15