IP | Falling Wedge Reversal| MFI Divergence | Elliott 4th Wave?IP | Thailand SET Market | Price Action Trading | Elliott Wave Tracing
Chart Pattern: entering Falling Wedge Reversal Pattern
Price Action: Downtrend area of consolidation
Entry Position: Buy on BREAKOUT of FALLING WEDGE
Indicator:
> MFI - Money Flow Divergence - Banker accumulation phase
> RSI - Sideway up below 50
> MACD - Golden cross below baseline 0
Trust SYSTEM & INDICATOR | Never panic trade
Trade affordable RISK | Ratio 3:1
Always respect STOP-LOSS
Good Luck
Stoploss
UPDATE: DOT UP 700% after bull signal - 300% more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 700+% after the bullish Supertrend Ninja signal. The Supertrend Ninja also predicted the drops of April 2021, May 2021 and Nov 2021. Using fibs. Price can go at least another 300% up, if this is the bottom. Although the Supertrend Ninja hasn't given a bull signal as of yet.
Supports and Resistances are highlighted as grey blocks. Next resistance around 39 USDT. Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
UPDATE: Unicorn UP 908% after bull signal - now 25% correction?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 908+% after the bullish Supertrend Ninja signal. Second 49% and third time 61%. The Supertrend Ninja predicted the drops of May 2021, July 2021 and Nov 2021. And is giving another potential drop signal 2 days ago.
Supports and Resistances are highlighted as grey blocks. Next support around 14 USDT. Which means a potential drop of 25%. Profits can be taken at each grey block (if shorting). Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
UPDATE: ETH UP 436% after bullish signal - 220% more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 436+% after the bullish Supertrend Ninja signal. Second time 134%. Third time 80%. Using fibs, are we in for another 220%? Target at 11300 USDT, if this is the bottom.
2022 hasn't shown a bullish signal yet for the Supertrend Ninja. Only a matter of time. Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
BTCUSD Price can easily pump if market respect last supports As we said before we expect a range market or even local pump here for bitcoin if the last support zone like 40K remains valid because below this support market can dump hard.
now as we can see price is near local support of 46K$ and if it remains valid we can expect a rise here like green arrows.
Notice: Strong support above 40K$ now is 44K that also mentioned on the chart so that is a good entry point too.
DISCLAIMER: ((trade based on your own decision ))
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💎 HAPPY NEW YEAR 💎
UPDATE: LUNA UP 50% after bullish signal Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 50+% after bullish Supertrend Ninja signal. Combining this with the indicator Heikin Ashi Trailing Stoploss activition proves to be worth it again.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Matic Trade Update. Time to Raise your Stop Loss. Matic has shown strong momentum gaining another 8% today breaking down her the resistance trend line we pointed out in yesterday’s video. Now the price has gone up a distance equal to the distance between the entry price and the stop loss price. The rule is, but when this happens, you raise your stop loss to the entry price. Now if the trade reverses and starts going against you, then at least you break even. Your new stop loss will exit you with no gain and no loss.
So, raise your stop loss to about $2.7 or where you entered. Cheers.
UPDATE: Rose UP 20% after bullish signal Please LIKE or FOLLOW if you like this idea.
UPDATE: The price jumped 20+% after bullish Supertrend Ninja signal.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator formed its 7th bullish signal in 2021.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Analysis SHIB/USDT on 12H chart + Support and ResistancesPlease LIKE or FOLLOW if you like this idea.
RSI is moving towards 60, which is a bullish signal. Breaking RSI 70 is usually where it gets interesting. The Heikin Ashi indicator is also showing green blocks (indicator below). Which confirms we're in an uptrend.
Supports and resistances are drawn in grey blocks. Currently we are finding resistance from the Ichimoku Cloud. Moving above the cloud and finding support above 4500 is where it will be interesting.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either I use my script Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
ROSE/USDT starting to look bullish.Please LIKE or FOLLOW if you like this idea.
RSI is moving towards 60, which is a bullish signal. The Heikin Ashi indicator is also showing green blocks (indicator below). Which also confirms we're in a possible uptrend.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator is forming its 7th bullish signal in 2021.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Analysis ATOM/USDT on 2Days chartPlease LIKE or FOLLOW if you like this idea.
RSI is above 50, which indicates a possible upmarket. The Heikin Ashi indicator is also showing green blocks (indicator below). Which also confirms we're most likely looking at a possible uptrend.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator is forming its 7th bullish signal in 2021.
Supports and resistances are displayed in grey. With price finding support.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Analysis VET/USDT on Daily chartRSI is slowly moving towards 50, which indicates a possible upmarket. The Heikin Ashi indicator is also showing green blocks (indicator below). Which also confirms we're most likely looking at a possible uptrend.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator is forming its 9th bullish signal for the 1 day chart in 2021. Six out of 9 signals, the price indeed went higher with a Monster Trend on March 2021.
Supports and resistances are displayed in grey. With below the price a strong support.
With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
How to detect a trend and trail an uptrend? How do I detect an uptrend?
In the chart BNB/USDT I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021. And 2 bullish signal in 2020. Which in my opinion makes each bullish signal very reliable.
It warned about the March 2020 and May 2021 (possible) corrections (big purple down arrows). And also the big uptrend of Dec 2020 (big blue up arrow).
How do I trail an uptrend?
With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Remember, the first stop(loss) is always the cheapest stop. Using one of these, or both offers me the possibility to ride bigger parts of the trend. Whichever triggers an alert first.
(For completeness, the grey blocks are supports and resistances)
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
Analysis EGLD/USDT on 2Days chartI was asked to chart EGLD /USDT. And how the Supertrend Ninja indicator performed on it since the listing.
Currently price is bouncing between support and resistance (2 grey blocks). Which makes/made EGLD ideal for a gridbot.
RSI is slowly moving towards 44, which means it is still in a range (displayed in the RSI as a yellow block). Right now as things stand it's not so interesting for trend traders. On the other hand volume is going down, which means a big move is likely to happen very soon. Before making any trades. I'll be waiting for confirmation from the Supertrend Ninja indicator showing some bullishness first. Ideally I would like to see some more green blocks on the Heikin Ashi indicator below as well.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
The Supertrend Ninja indicator gave only 4 bullish signals for the 2 day chart in 2021. And 1 bullish signal in 2020. Which in my opinion makes each bullish signal very reliable.
With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
SHIB/USDT bounced on support. Bullish?In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.
When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. I expect a signal within few days.
Price bounced on support (grey block). Which is a good sign.
The Supertrend Ninja indicator gave only 3 bullish signals for the 2 day chart in 2021. Including the monstertrend on 30th Sept. Entering on the blue arrow, and exit on the red down arrow (using Trailing Stoploss Bottom Activation indicator) made a whopping 250%. The Trailing Stoploss Bottom Activation, visible as orange dots below the candles. Sends an alert, when current price goes below the previous candle low (red horizontal line). This stoploss sell alert (using Tradingview webhook) worked great in combination with a bot. This happened on 14th Oct.
Heikin Ashi is showing green blocks in the indicator below as well. Which means an uptrend is likely. Also RSI is slowly moving towards 50, which is a bullish signal. SHIB looks done correcting. I'll be waiting for confirmation from the Supertrend Ninja indicator. Before entering any trades.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
ATOMUSDT IS IN A MAJOR WEDGE!!!!Atom is in a major wedge.
As you can see, in the last wave, it is inside a trendline, which is marked with the blue color, which is already toched in roof.
Most likely have a return to the wedge floor and the specified support in the range of about $ 20. we can buy here
then the next wave starts from there and will continue until the targets mentioned below.
tp1:44
tp2:57
tp3:73
sl: if any daily candle close below wedge line
ONE/USDT starting to look bullish.In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.
Today it's forming a bullish signal. With still 9 hours before candle close. If the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. Important detail. The Supertrend Ninja indicator is potentially forming its 7th bullish candle in 2021.
RSI is above 50. Heikin Ashi is showing a bullish trend as well (indicator below in the form of green blocks). Are we done with correcting? Are things heating up?
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
LUNA/USDT trending up higher since latest bullish signal 🚀In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.
On 27th Nov, the background of the candlestick closed green with an upwards pointing pink arrow. Which indicated a possible bullish (up)trend. Since then the price has gone higher. Important detail. The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
AVAX/USDT gave a bullish signal 2 days ago. UpdateIn the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator.
Two candlesticks before, the background of the candlestick closed green with an upwards pointing pink arrow. Which indicated a possible bullish (up)trend.
Since then the price has gone higher. Will it break ATH?
The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021. And it formed its 7th 4 days ago.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades.
Past performance is no guarantee of future returns.
METHODS FOR SETTING STOP LOSS. PART 2.We continue to study!
Moving Average method
When choosing this type of stop loss setting, the moving average indicator is used.
The moving averages indicator has long been known in the forex market and many traders use it in their trading, since trading on this indicator is simple and reliable enough.
The strategy of setting a stop loss on the moving average indicator is very simple:
We need to wait for the price to rebound from the long-term average and put a stop below the indicator line, or above it, if we are talking about a rebound down (short).
Fibonacci Levels
In addition to the moving average indicator, Fibonacci levels can help you with setting a stop loss.
These two methods are somewhat similar and both are quite easy to use.
All you have to do is first measure the market phase and wait for the rebound from the Fibonacci levels.
After rebounding and opening a position in the appropriate direction, set a stop loss below or above the 78.6 level.
The simplicity of these methods lies in clear rules, it is difficult to get confused in them, so these methods are effective.
Trailing Stop
A trailing stop is a stop loss that follows the price by a certain percentage, points, or dollar amount when the price moves in your direction.
Thanks to the trailing stop, the risk will decrease, protecting your profit and preventing a profitable position from turning into a negative one.
Usually a trailing stop is set when the price has already moved in the direction we need and in order not to lose profit, we set a trailing stop. But be careful, do not place your stop too close to the price, do not forget about corrections, give the price room to accelerate.
High/Low Method
This method is most often used by swing traders.
The essence of the method is that the stop is placed behind the minimum/maximum of a pre-selected day. In addition, the stop can move if the price shows a new high/low the next day.
This method is considered not the best, but it exists, and you should know about it. Be careful when using.
Conclusion
There are many ways to set stop losses, but which one to choose?
As is often the case in trading, you should choose the method that suits you, your character and your strategy.
Do not forget that excessive stop-loss setting can lead to premature closing of a position. Frequent repetition of this error can lead to the loss of all capital.
Stop loss should not be set at any point you like on the chart, it should be set according to the method and logic of price movement.
Do not forget about volatility, which can knock you out of position, and then turn around in the direction you need.
In addition, it is not necessary to set the stop loss clearly at the support/resistance level. The price often passes these levels and returns back. Don't forget about it.
Setting a stop loss in each position is an important rule. This should become your habit. You should know before opening where you will put your stop loss. Do not forget about the rules, follow them and then you will succeed.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩
PCRX DailyNASDAQ:PCRX long setup:
Today's bar was very impressive and closed at the high of range and broke a possible trendline
The chart has a nice process over the last few months. Big bear trap in Oct followed by a higher low in Nov
20 EMA has crossed above the 50 EMA and they are both accelerating up
Entry above today's high at 59.36
Stop under Dec 16 low at 55.29
Profit target just under Mar high at 79.75
Risk/Reward ratio is 5