GOLD Trading Opportunity! SELL!
My dear friends,
My technical analysis for GOLD is below:
The market is trading on 2016.9 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2005.3
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Trading-signals
VWAP INDICATOR EXPLAINED👋Hello traders! In this post, I would like to introduce you to the VWAP indicator, which is used by major market participants in their trading.
Moving averages are one of the most popular basic tools of technical analysis. More than 10 variations are known: EMA, LWMA, etc. All of them, in one way or another, use the same principle of data averaging; the difference is in the coefficients applied to each period. The VWAP indicator is also an analog of the MA indicator, which differs in the fact that the values of periods are weighted by trading volumes. This makes it possible to see a more real picture in contrast to what MA indicators show.
Advantages And Disadvantages Of The Vwap Indicator 📊
In a nutshell, let us recall the principle of calculating a simple moving average (and the rules of their application): the arithmetic mean. If there are three last candles with closing prices (you can choose another price): "5", "3", and "8", then the simple moving average will be equal to (5+2+8)/3 = 5.
Now let's imagine that we get to the market. The seller offers 100 apples at the price of 5 euros and 1 pear at the price of 50 euros. If we follow the MA formula, the average price would be (5+50)/2 = 27.5. And this price would be regardless of how many pieces of apples or pears there are. But, agree, this somehow does not accurately reflect the real average price. It would be more correct to also take into account the quantity of goods sold. And then the formula would look like this: (5*100 + 1*50)/101 = 5.44 euros. That is, in this case, one single pear will not dramatically affect the average price.
What is VWAP? 🤔
The Volume Weighted Average Price (VWAP) indicator is a technical analysis tool, in which the price of each period is weighted by trading volumes of the same period. If on a 5-minute chart one candlestick during 5 minutes trading volumes conditionally amounted to $1 million, and on the second candlestick to $10 thousand, the influence of the second candlestick on the indicator value will be minimized.
Features Of The Vwap Indicator 📝
• VWAP is a trend indicator that works on the same principle as moving average indicators.
• VWAP shows the level of liquidity. The higher the volumes of this or that period, the greater the liquidity in this area. Accordingly, a decrease in the indicator value indicates a decrease in liquidity, either because there is a flat period or traders temporarily minimize open trades.
• VWAP has a minimum of settings and is a confirming indicator for trend strategies.
The VWAP indicator could be a great tool for technical analysis, if not for one question: where to get data on volumes? At an individual broker, it is tick data, which is far from the real market volumes, which distorts the final result so much that it is easier to use classic moving average data.
Since each broker has different volume data with almost the same quotes, VWAP will draw different lines on different platforms. From a professional point of view, it is unacceptable. But on the other hand, if you use VWAP as a confirming signal, you can "adjust" to its chart, finding regularities.
The indicator signals are interpreted separately for long-term and short-term trends. In preliminary analysis, the long-term trend is evaluated first: if VWAP is below the price line for a long time (it is best seen on a line chart), the trend is upward or downward. On the lower timeframe, the logic is somewhat different. If the current price is below the VWAP, it means that the asset can now be bought at a more favorable price than the average market price. However, there is no guarantee that the price will not continue to go down, so the strategy should be based on the main trend indicator, where VWAP will be an additional tool.
If the VWAP indicator crosses the price several times, the market is flat.
Conclusion ✅
It is possible to build a successful trading system based on the VWAP indicator. VWAP is not the Holy Grail, but it can be used to build a strategy with a positive mathematical expectation, which is the ultimate goal of forex trading. The VWAP indicator is interesting for those who work with large volumes of trades on the stock market with direct access to the U.S. exchanges, from where VWAP will pull the initial data.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment
NZDJPY My Opinion! SELL!
My dear friends,
Please, find my technical outlook for NZDJPY below:
The instrument tests an important psychological level 91.986
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 91.306
Recommended Stop Loss - 92.366
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
APPLE On The Rise! BUY!
My dear followers,
This is my opinion on the APPLE next move:
The asset is approaching an important pivot point 182.29
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 186.19
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
SPY Set To Fall! SELL!
My dear subscribers,
SPY looks like it will make a good move, and here are the details:
The market is trading on 499.49 pivot level.
Bias - Bearish
My Stop Loss - 505.32
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable V continuation.
Target - 487.54
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NZDUSD The Target Is DOWN! SELL!
My dear subscribers,
My technical analysis for NZDUSD is below:
The price is coiling around a solid key level - 0.6124
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.6092
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURUSD Buyers In Panic! SELL!
My dear followers,
I analysed this chart on EURUSD and concluded the following:
The market is trading on 1.0774 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0746
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GOLD Set To Grow! BUY!
My dear subscribers,
This is my opinion on the GOLD next move:
The instrument tests an important psychological level 1997.8
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2004.0
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPAUD My Opinion! BUY!
My dear followers,
I analysed this chart on GBPAUD and concluded the following:
The market is trading on 1.9310 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9367
Safe Stop Loss - 1.9278
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURJPY: Bearish Continuation & Short Trade
EURJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURJPY
Entry - 161.81
Stop - 162.32
Take - 160.72
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURCAD A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for EURCAD below:
The price is coiling around a solid key level - 1.4554
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.4515
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
AUDJPY Technical Analysis! SELL!
My dear subscribers,
This is my opinion on the AUDJPY next move:
The instrument tests an important psychological level 97.784
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 97.167
My Stop Loss - 98.117
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPJPY What Next? SELL!
My dear followers,
This is my opinion on the GBPJPY next move:
The asset is approaching an important pivot point 189.48
Bias - Bearish
Safe Stop Loss - 190.95
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 186.98
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDUSD The Target Is UP! BUY!
My dear friends,
My technical analysis for AUDUSD is below:
The market is trading on 0.6474 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6524
Recommended Stop Loss - 0.6449
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GOLD Trading Opportunity! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 2019.9 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2031.4
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDCAD Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8278
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8237
Safe Stop Loss - 0.8304
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
ADA.X's MACD Histogram crosses above signal lineThe Moving Average Convergence Divergence (MACD) for ADA.X turned positive on January 29, 2024. Looking at past instances where ADA.X's MACD turned positive, the stock continued to rise in 37 of 58 cases over the following month. The odds of a continued upward trend are 64%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 01, 2024. You may want to consider a long position or call options on ADA.X as a result. In 68 of 124 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 55%.
ADA.X moved above its 50-day moving average on February 09, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +4.18% 3-day Advance, the price is estimated to grow further. Considering data from situations where ADA.X advanced for three days, in 266 of 439 cases, the price rose further within the following month. The odds of a continued upward trend are 61%.
BINANCE:ADAUSDT
AUDCHF Buyers In Panic! SELL!
My dear friends,
AUDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5714 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.5704
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
CADJPY Massive Short! SELL!
My dear subscribers,
This is my opinion on the CADJPY next move:
The instrument tests an important psychological level 110.85
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 109.85
My Stop Loss - 111.5
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Berkshire Hathaway Inc Long Continues with Volume
Title:
Berkshire Hathaway Inc Long Continues with Volume
Analysis:
Hello Traders,
Berkshire Hathaway Inc continues its upward trajectory with impressive volume, signaling a continuation of the long trend.
NYSE:BRK.A
Volume and Momentum Analysis:
Volume trends are robust, reflecting increasing market activity and confidence in Berkshire Hathaway Inc 's price movement. This surge in volume aligns well with the ongoing upward momentum, reinforcing the likelihood of the uptrend persisting.
Technical Analysis:
The price action consistently favors upward movement, indicating a strong bullish trend. With the support of robust volume, Berkshire Hathaway Inc appears poised for further gains.
Conclusion:
With volumes indicating strong support for the ongoing uptrend, traders may consider riding the momentum in Berkshire Hathaway Inc . However, it's essential to remain vigilant and adapt to any changes in market dynamics.
Don't Forget to Engage:
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you find this idea compelling! Feel free to share your insights and charts in the comments section below to enrich the discussion and help the idea reach a wider audience. Your engagement is invaluable!
Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions.
Happy trading!
Riding the Long Trend:Nvidia (NVDA) Analysis on the 6-Hour Chart
Title:
Riding the Long Trend: Nvidia (NVDA) Analysis on the 6-Hour Chart
Analysis:
Hello Traders,
Nvidia (NVDA) continues its upward trajectory with impressive momentum on the 6-hour chart! Volume indicators suggest strong participation, indicating a continuation of the long trend.
NASDAQ:NVDA
Volume and Momentum Analysis:
Volume trends on the 6-hour chart are robust, reflecting increasing market activity and confidence in NVDA 's price movement. This surge in volume aligns well with the ongoing upward momentum, reinforcing the likelihood of the uptrend persisting.
Technical Analysis:
The 6-hour chart reveals a clear picture of NVDA 's bullish momentum, with price action consistently favoring upward movement. This sustained uptrend, coupled with robust volume, provides a strong foundation for further price appreciation.
Conclusion:
With volumes on the 6-hour chart indicating strong support for the ongoing uptrend, traders may consider riding the momentum in NVDA . However, it's essential to remain vigilant and adapt to any changes in market dynamics.
Don't Forget to Engage:
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you find this idea compelling! Feel free to share your insights and charts in the comments section below to enrich the discussion and help the idea reach a wider audience. Your engagement is invaluable!
Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions.
Happy trading!