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Trendreversal

EUR/AUD SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/AUD: Daytrade-Preparation Market-Sell: 1,64930 Stop-Loss: 1,65300 Take-Profit: 1,64350 Stop-Loss: 37 pips Risk: 0,5 % - 1% Risk-Reward: 1,60 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
5
GOLD - Using price patterns to time reversals of trends.With the market watching out for Gold to hit the $2000 level, once this occurred and broke higher you have to always be cautious and take a step back before jumping into any longer term trend continuation plays. When new record highs or lows get established in any market that is highly liquid, its good to keep your options open and try and look at the market with also a contrarian point of view as well. To many new and novice traders will just expect prices to keep climbing and jump into the move with no account for strategy, analysis or more importantly a study of price. Looking at Gold, we wanted to keep an open mind and read the price action especially when your looking for counter trend moves as this will lower the probability of a trade but when you are patient and follow the structure of price you can get some good nuggets of information that can really help you time your trade. As you can see on the 1 Hour chart, price was moving up nicely until it formed a bearish 3 drive pattern in the process. This pattern can be a good indicator of price exhaustion especially when you can see these being formed on no less then a 1 Hour time frame. Once we saw the pattern complete, that alone is not enough, we need to be patient and find a lower trend line, preferably with multiple hits registered on the line for if this breaks to the down side as well, this not only gives us good reason to enter the trade short but it allows for greater timing and accuracy of the trade. We would look to place our stop just above the 3rd and final drive high to start with, as we are trading the pattern so there is no need to place it very far away.
OANDA:XAUUSDEducation
by DavidVillagra
XRP Bullish wedge & Trendreversal?Welcome fellow Tradingviewers, In this analyses we are going to show you our view on the current market situation for Ripple . As a lot of our members and followers know, we are usually against buying shitcoins like XRP, but hey when opportunity arises we need to take place in the action. The XRP chart was one of the best looking charts a week ago and below we will describe what we see, saw and plan to do with this cryptocurrency. We will be analysing XRP using a top-down strategy , including candlestick patterns , indicators and price patterns. Monthly : - The last monthly candle closed as a bullish engulfing one. - This was the first bullish sign for XRP in a long time. - The MACD is showing bullish signs (for as far as it is to be seen) Weekly : - The last weekly candle closed as a bullish engulfing . - We can see that we broke out of the bullish wedge . - We closed just above the 50MA - The MACD has formed a bullish divergence and seems to be breaking out at the moment. Daily : - Last 3 daily candles were bullish engulfing candles, demolishing all Ma resistances. - This daily candle is also looking like it is going to close as a bullish engulfing one. - We can clearly see the bullish wedge from this timeframe therefore we present the chart for you from the daily. - Testing the 2800 resistance. (- Possible golden cross in +/- 3 days) In summary: We can see clear distribution against the wedge resistance which lead to this massive price increase. We are now at TP 1 for the bullish wedge , the other TP's can be found around 3K, 3.2K and 3.6K. Bullish wedges are known reversal patterns and often outperform their targets, therefore 4K resistance could be touched in this next month. Dont forget the XRP army, if the FOMO begins, other altcoins keep rising and Bitcoin keeps rising things could go really fast and TA might get difficult. This might be the bottem for XRP atleast for the short term. The monthly close gives XRP bullish momentum for the longer term, which is confirmed by the weekly and Daily timeframe . The XRP chart is one of the most bullish in the crypto space ATM and if you disagree and need us to review a coin, drop them in the comments! This analyses is only intended to share my idea, to educate and entertain you guys. This should not be considered as financial advice. I hope you guys enjoyed this analyses, if you did don't forget to leave a Like! If you want to share your thoughts, please do so in the comments below! Kind Regards, Frank | Forallcrypto
Long
by ForAllCrypto
ETH ready for 0.04BTC? Welcome fellow Tradingviewers, In this analyses we are going to show you our view on the current market situation for Ethereum . There has been a lot going on around Ethereum, Ethereum 2.0 and Defi which has all helped to the current bullish view that a lot of traders have on Ethereum. We will be analysing ETH using a top-down strategy , including candlestick patterns , indicators and price patterns . Monthly: - Bullish engulfing close above the previous stated 3K important resistance. - MACD crossed Bullish. - Now testing the 0.035 Resistance. - Below the 50Ma. (located at 0.04) Weekly: - Last candle closed as a bullish engulfing candle. - We are now well above the 50 and 100 MA. (and seem ready to test the 200MA?) - The MACD is clearly showing a bullish divergence. - The MACD crossed bullish. Daily: - The last daily candles closed as bullish engulfing candles. - We had our support tested and confirmed at 0.03. - We are now well above all MA's. - We have a bullish MACD cross. - Testing the 0.035 resisttance. In summary: The monthly and weekly timeframes suggest that more upwards momentum is coming our way, so the long term is bullish. For this bullish momentum to sustain however, we do need a break and confirmed support at 0.035 (BTC), this resistance is vital to try and reach the 0.04 area. The 0.04 area is key because a lot of strong resistances are coming together: Monthly 50 MA, Weekly 200 MA and the Daily horizontal resistance line. Overtaking the 0.04 resistance and therefore reclaiming the weekly 200 MA would support a bullish trend for the long run. The volume seems to be supporting the bullish view for now so lets see what this month is going to give us! This analyses is only intended to share my idea, to educate and entertain you guys. This should not be considered as financial advice. I hope you guys enjoyed this analyses, if you did don't forget to leave a Like! If you want to share your thoughts, please do so in the comments below! Kind Regards, Frank | Forallcrypto
Long
by ForAllCrypto
UNG may have bottomed...From the chart we see a near perfect hit of a 1.27 extension of an impulse wave in the 11.5 region which may have marked a bottom in Natural gas, I say this because in recent weeks we are not seeing a pattern of lower highs and lower lows take hold. Furthermore there has been aggressive buying in related stocks such as SWN and RRC which may be an early indication of a change in the market trend. Using a Fibonacci trend based timing tool (horizontally w/ regard ot time as opposed to vertically for price) we see had relevance in predicting price reversals (from the 1 marked with a long vertical line in the graph) we are coming up on the 1.27 this Monday, it will be very interesting to see how the next few weeks play out.
AMEX:UNGLong
by TNasr
XEM/BTC | Macro Trend Reversal | Golden Cross | Trade Setup Today's analysis – XEM/BTC – A strong break of its multi-month resistance backed by volume; showing signs of a macro trend reversal. Points to consider: - Bullish price action - S/R Flip (trend reversal) - EMA Golden Cross - Increasing volume - RSI above 50 - Stochastics below 50 XEMBTC breaking structural resistance with inviting bullish engulfing candles indicating buyers in the market establishing a bullish bias. Price currently retracing to establish an S/R flip retest of the structural support zone, price holding support will form a local higher high and higher low on the chart indicating a macro trend reversal, supporting the bullish bias. The 200 EMA is also in confluence with structural support; putting a strong emphasis on support being a key level. A golden cross of the 200 and 21 EMA will indicate momentum shifting to the upside; another confirmation supporting the bullish bias. A clear volume influx coinciding with the break of the key level adding validity to the price action. Continued Volume follow-through is needed for a continuation. RSI is trading above 50 and needs to continue ranging above 50 to remain bullish. Stochastics are below 50, momentum is lacking is the immediate market, however, a valid bullish cross-over will indicate momentum stored to the upside. Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below structural support. If you’ve read this far, I’d like to thank you for following my work and development as a trader! As always, Focus on you, and the money will too!
XLong
by Kudiiee
3
CAD/JPY Trade ReviewCADJPY Trade Review I posted this Trade Analysis here on Wednesday. This trade was awesome. Price went up above the Weekly Supply and reached the top of the Liquidity Zone as i predicted in my previous post. The Banks and the big Institutions cleared the previous highs and the stop loss of retail traders who were in shorts (sells). Everyone believed the market was Bullish and started buying. Market Manipulation. Lol The price crossed the 80 mark and many breakout traders entered the market, Buy stops were triggered. Then the real move happened. The price hit 80.10 resistance. The Market then reversed and did a huge drop just as i predicted. A lot of buyers were trapped. the stop loss of many buyers were hit. I was not trapped because i understand Market Manipulation and I follow Market Struture. Sold the pair at the top of the liquidity zone. 100 pips and more in Profit. All Supply and Demand Traders know that every gap/void must be filled. The market filled the Gap in the Liquidity zone and went to target the stop loss of traders above the Weekly Supply Zone. Now that they cleared the stop loss of the retail traders (both sellers and buyers), the Banks and Institutions used all the liquidity to do the real move down (Sell). Lol Happy Weekend!!
Short
by Benettel
ONT/BTC | Macro Trend Reversal | Key Level | Trade Setup Today's analysis – ONT/BTC – establishing an S/R flip retest above structural support. Points to consider: - Bullish price action - Trend Reversal - Support Confluence - Volume Influx - RSI ranging above 50 ONTBTC trading in a healthy uptrend, breaking its structural resistance with multiple bullish engulfing candles indicating strong buyers in the market, forming a bullish bias. Price breaking bullish from its inverse head and shoulders pattern, forming consecutive higher lows and higher highs is indicative of a macro trend reversal. A successful S/R flip of structural support as it coincides with the 200 EMA will solidify the trend reversal. There is a clear volume influx coinciding with the break of the key level, follow-through is required for continuation. The RSI is currently testing the 50 level, it needs continue ranging above 50 to maintain strength in the market. Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below structural support. If you’ve read this far, I’d like to thank you for following my work and development as a trader! As always, Focus on you, and the money will too!
Long
by Kudiiee
2
Back To The High ... Before A Drop ???The S&P500 is looking to return to it's high of 3394. Taking a look on the 4H chart, price action is looking morning starish on this uptrend. A retracement is bound to happen between the 3315 & 3345 areas creating S&R levels. The current position we're holding is waiting on the bullish candle to close above 3280 on the 1H in order to enter the trade going long. (Personally, I've set an alert.) The real question is the Trend Reversal and when will it happen!? We all know once it breaks the uptrend and support level. But it can easily reverse after going long and retracing back down to 3315, crossing below the bullish trendline, going back up for a retest just to continue the new bearish trend. Or maybe, once it returns to it's high of 3394. Could consolidate a bit ... and then short back down forming a bearish trend reversal. Either way the profits are still running wherever the market goes.
TVC:SPXLong
by ISmokeFlorals
NANO/BTC | Macro Trend Reversal | S/R flip | Increasing volumeToday’s Analysis – NANOBTC – consolidating within its daily support zone as holds above the 200 EMA Points to consider: - 200 EMA S/R flip - Macro trend reversal - 55 EMA visual guide - Increasing volume - Oscillators neutral Nanos recent strong price action forming a successful S/R flip re-test of the 200 EMA on the daily timeframe indicates early signs of a macro trend reversal, giving the market a bullish bias. Thereafter, Nano establishing a higher high and higher low on the chart further supporting the bullish bias. Further price development will allow the 55 EMA to act as a visual guide assisting in trade management. Historically, an inflow of volume has coincided with bullish price action as it breaches key levels; indicating a true break of the level and adding validity to the price action. Volume follow-through is needed currently for a true trend continuation, avoiding any false breaks. Oscillators are neutral, further price development will allow for directional bias. Overall, in my opinion, NANO is currently trading in the buy zone for a long trade to structural resistance as the immediate target with risk defined below the 200 EMA. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
NLong
by Kudiiee
THETABTC | S/R Flip | Trend Reversal | Trade SetupToday's analysis – THETABTC – Putting in an S/R flip retest of daily support. Price holding this level validates a long trade to structural resistance. Points to consider: - Trend Reversal (S/R flip) - 21 EMA (visual guide) - Bearish divergence (playing out) - Stochastics above 50 - Low Volume THETABTC forming a probable higher low above daily support as it retraces for a retest. Price holding this level will indicate first signs of a trend reversal as the market builds momentum to the upside, establishing a bullish bias. The 21 EMA will act as a visual guide as the trend develops and price respects the MA assisting in trade management. Bearish divergence playing out as price tests support. Both oscillators need to hold and range above 50 to maintain the bullish bias. Volume is low and below average, usually, an indication of an influx being imminent. Overall, in my opinion, s successful retest of the daily support level validates a long trade to structural resistance with risk defined (SL) below support zone. What are your thoughts? If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
2
MITHBTC | S/R Flip | Trend Reversal | Inverse Head and ShouldersToday analysis – MITHBTC – Forming a higher low, consolidating above daily support validating a long trade to technical targets above. Points to consider: - S/R flip Retest (trend reversal) - 100 EMA (support confluence) - Inverse head and shoulders - Low volume - Oscillators neutral MITHBTC trading in a healthy uptrend forming a lower high with a valid S/R flip retest of daily support, establishing a bullish bias with signs of a macro trend reversal. Price breaking above and respecting the 100 EMA allows for an additional layer of support. Holding above the MA is bullish, supporting the bias for a trend continuation. A valid inverse head and shoulders (bullish trend reversal pattern) is also in play as price holds above the neckline coinciding with daily support. Volume has tapered off and trading below average, an influx is essential as price gravitates towards daily support to avoid any false breaks and restore strength in the anticipated trend continuation. Both, RSI and Stochastics are testing the 50 levels as volatility contracts. Although further price action will allow for directional bias, it is essential oscillators hold above 50 to maintain a bullish bias. Overall, In my opinion, a long trade is validated as MITH retraces to daily support with technical targets above - defining risk (SL) at the previous swing low. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
MLong
by Kudiiee
2