Bili Short update: Using ChatGPT indicator ESVO Using this opportunity to cover where we are at with Bili on this short, targets, and explaining how the ESVO works and how to use it to find price targets and stop loss pockets to manipulate for your own profits.
The ESVO is called the equilibrium Singularity Volume Oscillator. I used Chatgpt to code it, which is amazing because I can not code. I love this indicator as it shows me supply and demand. It shows me where pockets of stop losses are and paints a picture of where price is going and who is in control.... Everything price action isn't showing you, it is showing you. If you like this video or find it intriguing pls hit the boost button, like, and sub. Thanks
by iCantw84it
04.04.23
Supply Zone
Going short on Gbpusd In my former idea I shared on Sunday opening,I said I am only interested when the highs or buyside liquidity is being taken out..this was the same analysis I shared on Sunday for my paid mentorship students ...my ideal target is for 1.23114 to be taken out respectively..stay safe guys...risk what you know you can afford to lose..
That Small Win, Makes A BIG Difference!The big lesson I had to learn on this trade was risk management. My mentor has drilled in my head the value of risk management, so I decided to set a stop loss for this particular trade.
You may ask where?
My answer to you would be: in profit...
In order to pull something like this off, you have to be a risk taker, because, when we entered this trade, we did not have a stop loss set. It was with the wind. , No it, was actually headed to the next zone, but I had to have wiggle room for it to break above the zone before making a pullback.
With this type of trade I had solid confluences to make the leap for myself, I am meerly sharing this with you because I set my first stop loss in profit in the month of April! HOORAY!
In conclusion I'd like to share today's entry from my trading journal:
NEWS: NO
DID I FOLLOW MY PLAN?
Yes! I followed my price action strategy.
WHAT DID I DO WELL?
1. Entered the market in the break of an counter-trend.
2. Traded the pair in the correct session.
3. Exercised good risk management, by setting a stop loss in profit.
WHAT CAN I DO BETTER?
1. Allow price to enter my zone before I exit a trade.
2.IF I SEE A MOVE IN THE NEWS, EXIT TRADE MANUALLY TO INCREASE REWARD RATIO
WHAT DID I LEARN?
1. Risk management will get exponentially easier over time..
2. How To Set SL in profit!
DID I PREPARE PROPERLY?
YES, I waited for my confirmation!
Enough Confluence For A Long Position?My mentor, and I have a totally different bias on AU. I heard him out, and watched as he charted both sides. His main confluence was a bearish engulfing candlestick on the monthly chart. Pushing him toward "sells" only in the month of April. While that can be intimidating, on the technical side, along with his other confluences, I see potential continuation of an uptrend ; due to Australia raising interest rates! , I decided to soak in his bias, and counter his bias, with my own. Knowing fundamental analysis is usually the total opposite I decided to share why AU may go up, While the USD is strengthening, the Australian Dollar may go "Long" going into Monday.
DOT/USDT 4HInterval Resistance and SupportHello everyone, welcome to the DOT chart on today's chart of USDT pair, on a one-day time frame. First, we will use the yellow line to mark the downtrend line from which the price has increased.
Moving forward, we can move on to marking support areas as we begin a major correction. And here we see the price is just below the first support, then we have the $6.11 to $5.93 support zone ahead of the price, the third support at $5.74 and then the fourth support at $5.49.
Looking the other way, we see first resistance at $6.53, then second resistance at $6.86, then third resistance at $7.32
Please look at the CHOP index which indicates we have a lot of energy for the move ahead, the MACD indicates we have entered a downtrend while the RSI is in recovery.
WTI-Oil 2nd April Wti-Oil is another pretty simple setup with a continuous bullish movement up to the nearest supply, we may see a breakdown from that zone but of course if we don't see a breakdown we will look towards the new bullish range that would of been created to make another move higher...
from open iam looking for price to drop down giving us a reason for a shift higher after a small breakdown.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Bitcoin Short-Term Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
ⓡ Resistance Line 28567$
ⓢ Support Line 28319$
ⓢ Support Line 27561$
ⓢ Support Line 27229$
ⓢ Support Line 26894$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysi
Bitcoin Short-Term Support & Resistance AnalysisPrices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
ⓡ Resistance Line 28829$
ⓡ Resistance Line 28440$
ⓢ Support Line 27723$
ⓢ Support Line 27045$
ⓢ Support Line 26540$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysis.
GBPUSD 26TH marchLet's take a look at the British pound to the US dollar pair following our DXY analysis. Our short-term outlook is bullish, with a potential push towards one of the areas of supply above, before an overall bearish move to the downside. We anticipate short moves overall for this pair this week, as we have already broken through some key structures in our last move, suggesting significant downward momentum.
As always, we'll be closely monitoring market openings and adjusting our strategy accordingly. The areas of supply above look particularly attractive for potential sales, as there is clear imbalance and momentum coming from the downside. Additionally, we have a major swing low that has yet to be tested, as well as a major swing high, creating opportunities for trades between these areas.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!"
stock rfx
Revise - following our dxy analysis, this is the British pound to the US dollar. We are looking for this to have a short term bullish push into one of the areas of supply above, which will lead us into an overall bearish move to the downside. We will be looking for overall short moves this week on this pair. We did take out some structures inside of our last move indicating to us that we could see significant pushes lower for this week. As always, we will monitor this as the market opens. And adjust accordingly to what we see, the areas of supply above look very. Good for sales, we have clear imbalance and momentum coming from the downside. We also have a major swing low that has not been tested yet as well as our major swing high there has not been tested, so will be looking for trade opportunities in between these areas.
"Let's take a look at the British pound to the US dollar pair following our DXY analysis. Our short-term outlook is bullish, with a potential push towards one of the areas of supply above, before an overall bearish move to the downside. We anticipate short moves overall for this pair this week, as we have already broken through some key structures in our last move, suggesting significant downward momentum.
As always, we'll be closely monitoring market openings and adjusting our strategy accordingly. The areas of supply above look particularly attractive for potential sales, as there is clear imbalance and momentum coming from the downside. Additionally, we have a major swing low that has yet to be tested, as well as a major swing high, creating opportunities for trades between these areas.
DXY 26th march Get ready for a week of exciting opportunities with the DXY! Our analysis shows that we have broken a major swing low, indicating a potential shift towards lower prices. However, we also broke a major high, signaling a bullish week ahead for the DXY. We've identified several demand zones below and a selection of supply areas above our current price action. Our strategy is to look for a potential short-term bearish move if price opens bullish, or a longer-term bullish move if price opens bearish. If we see a corrective move off the higher swings, such as the swing high and short-term swing high, we will anticipate a move back towards the downside.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPNZD - Over-Bought Zone ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPNZD is has been overall bullish trading inside the rising red channel, however it is currently approaching the upper red trendline. So we will be looking for sell setups.
Moreover, the green zone is a strong supply.
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green supply and upper red trendline. (acting as non-horizontal resistance)
As per my trading style:
As GBPNZD is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich