Trendtrader
TrendmapTM Algorithm for Crypto and StocksHello,
The algorithm I employ, aptly named "TrendMapTM", is a sophisticated trading system developed to project market trends with remarkable precision. Its unique feature is its ability to overlay predictive trends directly onto an asset's price chart. TrendMapTM shines in accurately pinpointing oversold and overbought levels, making it a critical tool in any trader's arsenal.
It visually encodes various trading conditions using a variety of shapes and colors on the chart. This includes crafting distinctive candlestick patterns when Dollar-Cost Averaging (DCA) In/Out conditions are met, representing uptrends with green candles, and downtrends with red ones. It also showcases buy/sell signals with unique shapes placed either above or below the price bars, thereby providing clear action points.
A notable feature of the algorithm is its robust system of flags that diligently track potential re-buy opportunities, thus ensuring you never miss out on lucrative market positions.
The TrendMapTM algorithm integrates various technical analysis techniques and indicators to provide vivid buy and sell signals. By methodically analyzing and interpreting the interrelation of these factors, it equips users with the guidance required to make profitable trading decisions.
This algorithm is the culmination of my 5-year-long intensive research and has proven to be an exceptional strategy for both cryptocurrency and stock investors.
Best Regards,
Stardust (@TrendmapTM)
USDJPY Trend Shift Short Trade SetupOn the 1 hour timeframe USDJPY has shifted from making higher highs and higher lows to barely making any higher highs and now broke the recent swing high.It also found resistance at an important level and made fake higher highs which immediately reversed.The uptrend has ran out of steam and a new downtrend has started.I believe it now a good time to take a short trade and profit from this downtrend as it is still early and at the time of writing this we have a retest at the previous support level that has turned to resistance.There is also a clear RSI divergence emphasising the bearish market.As for stop loss I recommend you set it at around the 141.760 level above the wick of the red candle and for take profit price previously struggled to break a resistance level at around the 140.240 level so this is where I have set my take profit.
This is not a financial advice.Always do your own research.
Oracle Rebound & technical analysis According to this chart we are riding the 8 and 20 day. Price bounced off of the 50 after the earnings sell off and broke out from a double bottom.
If this plays out in a perfect world this will blow past 127 from the news run up. Not to mention everything AI is running and we are currently in an AI baby bubble.
I would trade this carefully since it is making new highs and can fall from a sell off and profit taking.
Let’s see how high this goes. Congrats if you were like me and bought around 115 after the earnings sell off.
Trade Responsibly.
#TradeTheWave
GER30 Analysis Hello everyone I want share my idea on GER30. End of the week we have positive situation, on 1 week chart trend is so strong and clear uptrend, after big move price stopped above of Week support but in this week we saw 2 big and strong rejection from that LVL, at the moment on closed market its stopped on resistance but I am absolutely bullish GER30, here is my scene how will be possible.
IOTEX short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Now make 10% profit on GHSTUSDhi every one
complete pullback to the trendline with 10% profit Potential
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
Potential long for US100 Price has potential for the upside on the retest of the broken high and recent formed low. Wait for lower timeframe confirmation to confirm the move.
📈 9 Ways To Identify an Uptrend📍 What Is an Uptrend?
An uptrend describes the price movement of a financial asset when the overall direction is upward. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher swing highs, the uptrend is considered intact.
Some market participants only choose to trade during uptrends. These "long" trend traders utilize various strategies to take advantage of the tendency for the price to make higher highs and higher lows.
💥Important thinks to note
🔹Uptrends are characterized by higher peaks and troughs over time and imply bullish sentiment among investors.
🔹A change in trend is fueled by a change in the supply of stocks investors want to buy compared with the supply of available shares in the market.
🔹Uptrends are often coincidental with positive changes in the factors that surround the security, whether macroeconomic or specifically associated with a company's business model.
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EURUSD BOUNCE ON RESISTANCE ?As we seen the price already achieved at the level where the daily confirmation given, Thus it just needed more confirmation on the lowest timeframe to be looking for. Several news about JOLTS Opening and NFP will be decide the movement of USD. Happy trading for this week. CHEERS!!
AUDUSD, Yeah! She is trendingAUDUSD just made a new lower low. Thats inviting. I'm setting myself up to take another sell on her.
I discuss the details in the video.
Today, I'm going live at 1:00 pm EST. If you can't make it be sure to catch the replay.
I'll be chatting on how to analyze your currency pair for trading success.
I hope to see you there.
-Shaquan
GBPJPY BullishPrice strucuter is uptrend, where the price managed to break above daily support level.
The price then retraced and retested the support level which is also 50% of fibonacci retracement level.
4h the price closed with bullish engulfing candle which indicates continuation of the uptrend.
Could we be headed to .90 MATIC/USD (polygon) ?
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