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Trendanalyisis

Knowing if a trend is still valid or is beginning to failin the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap. also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that there's a not so obvious 4 reset wave before the 1, 2, 3 pattern starts again, the trick is check to see if the phase 4 wave causes any of the moving averages to cross/overlap before setting up your 1, 2, 3 move! because if they have crossed or one of them is overlapping the other, this signals the trend is weakening and the market may be looking at beginning a range or and new trend in the opposite direction.
Education
by algoquantix
GBPNZD Potential Buying Opportunity!Hello Traders, In this week's trading session we will be monitoring GBPNZD for a Buying opportunity in and around 1.915 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Long
by BiggainLTD
1
EUR/USD likely to fall!Hey tradomaniacs, looks like EUR/USD has just faked out to the upside with a lot of speed and momentum in order to catch liquidity. Overall correlations do not make sense with this move as yields are not falling while indices are just choppy but bearish. Orderflow has shown an instant switch from bulls to bears with this "breakout" which is giving evidence for a fakemove. Be cautious today as market is pretty volatile due to a lack of fundamentals and upcoming holidays in the US. What do you think?
Short
by Trading2ez
3
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the LTCUSDT chart, taking into account the one-day interval, we can see that the price does not record large drops despite the low stability of BTC. The yellow lines mark the uptrend channel. Looking at the support levels, we can define several levels, first we can define support at $59, then $55, $52, $49, and $45. Looking the other way, we see first resistance at $63, second at $67, third at $72, and fourth at $88. Please pay attention to the CHOP index, which indicates that we are gaining more and more energy, the MACD indicator indicates an uptrend, but the volume, although not large, indicates the advantage of sellers.
by cryptodailyuk
4
Get Ready for BTC bulls Revenge Plan to 26k, This NOV-DeCAre you ready for $17600, $18800 bulls play. As if $16k was not bad enough, The bears beat the bulls all the way back to $15550. but was the bears breaking down below $16k a Trap on 4hrs. Are the bears trapped? Late Nov 2022-Jan 2023 will shock the bears and here is why. the bulls won't let this big push to 15500 range go easily on BTC . Before you say btc is going to $14k which is more likely an even that will happen in 2023 in my Opinion(Opinions are a**holes so don't mind me) But still The bulls looks like they are sleeping, Please Don't be fooled. The dump was a plan by market makers to clear early buyers out something called Capitulation. we will see $14k but definitely not in 2022. I expect the pull-up to be fast 1st resistance I see is $17400 range but I will like you to look at support here as an area instead of a line so $17500- $18400 will cause a range and staleness and possibly a pull back to $17600 but Before getting to $17400 they will be pull-back that is likely at worst retest to $16200- $16k at worst we get a double bottom at 15600 but bulls will fight to hold the 16k support. The real fun starts after breaking $18800 but I do see a rejection that could pull the bulls all the way back to the $16200- $16k depending on the strength of the bulls to out weight the selloff on the blue line in the chart below. If they fail on 1st attempt to break above the $18800 control line, they will return and break it on 2nd or 3rd attempt but the chances of them succeeding is over %65. This will give bulls the needed Backup Soldiers to fight back and the R will be snatched and turn into a support to burst their way to $19900 to $20500 resistance area. This area is very tricky because of the previous Consolidation that occurred there extending the resistance area all the way to 21800 range, but the bulls won't back down as they will allow a pullback to attack again like 3 times before destroying it with a big grenade the bears wont see coming. Their target is somewhere from $25k to $26k range or they could even exceed this but for now that the major TA I see.
COINBASE:BTCUSDLong
by MachiavelliTrader
2
OXTUSDT#OXTUSDT hello everyone we will talk about this swing trade and good opportunity as you can see at the chart we have very important and strong support zone the price try many once to break support area and the price try to creat uptrend move and will pump following Bitcoin ( BTCUSD ) MACD is showing bullish RSI showing bullish EMAs showing a bullish move buy and hold it to the next targets at the chart targets set at the chart You may also TELL ME in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
Long
by SafeCryptoSignals
4H downtrend in AUDUSD possibly nearing completionWe are tracking two counting processes in this analysis: Prime & Cycle. The first is easiest to understand. We simply select a window that starts at the absolute top/bottom of the trend, and ends after the first fractured pullback ("FCT") completes. As you can see from the green label at the high, we can derive three numbers from this count. In this case they are: 16/14-8 (the 8 can reduce to 4 and 2 since all of these are even, but let's keep it simple and focus on the three...). The 16 is called the 'high prime,' the 14 is the 'low prime,' and 8 is our 'half prime.' The prime values imply that the market mind will use these to end the trend at a point where these values also line up with other processes... As you can see we're projecting a turn based on our half prime of 8 counted from the rightmost edge of the selection window. The second process involved is the Cycle. The Cycle is a 2/4/6 count that skips FCT terminals (most of the time). Actually, in this sequence, the terminals are counted since the low terminal at point 11 appears above the trend low at point 9. This is one of two situations we call a 'count-through.' So the first Cycle ends at the bolded 6 label. The second ends at, and lines up with, our half prime count of 8. What indications do we have that the Cycle will end there? Notice the DMC (Double Marked Candle) at point 6. This is a signal that can point either to A) the end of a Cycle (since cycles end at 6) or B) a 6-count to follow the end of a cycle. In this case, either A or B is a possibility. If A plays out we end at our half prime, and if B, we end at our low prime of 14. Please note that the projection implies a new and final absolute low after our counts of 6 and 8 are hit... For me personally, I would attempt to trade both situations. If I stop out on the half prime entry, it only makes the low prime entry more viable... This downtrend from the .65220 high also ties into the 1D time frame where an 'all primes' count ended at .61702 on Thursday, Oct. 13. So I don't think that low will be breached by this 4H trend. We should see new highs in the daily chart in the upcoming weeks (if the 'all primes' count holds)... As for stops and profit targets... I usually oscillate between a conservative and aggressive ATR based trailing stop, in this case it would start at the absolute low of the 4H trend. I don't use targets much because they are often arbitrary. There is no possible way of knowing what the next trend will look like before it happens... Even with all the above rules, markets have an extremely wide range of legit behaviors. The projection shown here is based on a relatively mature trend, not to say that it can't extend beyond what we expect, but after the first and/or second FCT forms, we've pretty much got all the info we need to make a good educated guess... Let's see how this plays out... enjoy! /r
Long
by trendlab2
BNBUSD: Under a KEY RESISTANCE! What's next?• BNB is very bullish, but it has to face its most challenging resistance now, around $337; • The $337 is a triple-resistance area, as seen in the daily chart, and only if BNB breaks it, we’ll see a bullish run to the next resistance at $413; • However, if BNB fails in breaking this resistance, and triggers the Double Top chart pattern seen I the 1h chart by losing the purple trend line, a pullback is plausible; • The next support level is at $299 (red line), near the 21 ema in the daily chart – making it a dual-support level; • So far, the situation is under control, and the volume is quite high. Let’s pay attention to these key points. Remember to follow me to keep in touch with my analyses!
BINANCE:BNBUSD
by Nathan_The_Finance_Hydra
EURUSD | Long Positing | Trend ReversalEURUSD has been making consistent Lower Highs and Lower Lows for the past couple of months as observed on the daily chart. The chart demonstrates strong bearish resistance and support where the EURUSD has shown to reverse its trend. However, EURUSD has recently broken past its strong resistance level and that too by creating a new Higher High on the daily chart. Comparing the 50 MA with 10 MA, we can also observe that the 10 MA has crossed the 50 MA, after consistently being lower for several months. These reasons indicate a strong reversal in my opinion. My prediction is that the price will fall back to the Fib Level 0.618, which I believe is going to be a strong buy zone for EURUSD.
Long
by zeerakwyne