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Volume Indicator

DOTUSDT Dynamic Resistance|Structural S/R|Apex|Declining VolumeEvening Traders, Second Analysis – DOTUSDT- trading with the psychology of a Descending Triangle, price is approaching its apex. Points to consider, - Bearish Price Action - Structural S/R Respected - Key Dynamic Resistance - Oscillators Below 50 - Declining Volume DOTUSDT’s immediate price action is bearish with consecutive lower highs under dynamic resistance. Price is being coiled into its apex where a break will be imminent; breaking key structural S/R will allow us to have a bearish bias on the market. Both oscillators are showing weakness trading under their 50- midpoint, further downside is likely to reach oversold conditions. The volume profile is currently declining; an influx will be highly probable as price breaks from its Apex. Overall, in my opinion, breaking bearish will allow for a valid short with define risk. Price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, It does not matter how slowly you go as long as you do not stop.”Confucius
Short
by AzizKhanZamani
2
NZDUSD Rising Channel|Daily Resistance|.50 Fib|Channel Support Evening Traders, Today’s Analysis – NZDUSD – trading in a rising channel testing its median, a test of daily S/R is probable. Points to consider, - Price Action Channel - Channel Support Confluence (.50 Fibonacci & 200 EMA) - Daily S/R Resistance - Oscillators Diverging - Low Volume NZDUSD’s immediate price action is trading in a clear rising channel converging with upper daily S/R. This is a key structural resistance that will allow us to have a bearish bias on an initial rejection. Channel support is in confluence with the .50 Fibonacci and 200 EMA, high probability of the next trade location. The RSI has a valid bullish divergence that is likely to play out into daily S/R, validation will be upon an influx in volume towards the upside. Overall, in my opinion, NZDUSD is a valid short with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “Those traders who have confidence in their own trades, who trust themselves to do what needs to be done without hesitation, are the ones who become successful. They no longer fear the erratic behavior of the market. They learn to focus on the information that helps them spot opportunities to make a profit, rather than focusing on the information that reinforces their fears.” Mark Douglas
Short
by AzizKhanZamani
EURCAD Range High| Dynamic Support| .382 Fibonacci| Bearish PA Evening Traders, Second Analysis – EURCAD – testing dynamic support after a breakdown from swing high, a bearish retest is probable at swing high, Points to consider, - Bearish Price Action - Dynamic Support Respected - Range High Resistance - Oscillators Weak - Range Mid Target The immediate Price Action on EURNZD is bearish by breaking back into range; this allows us to have a bearish bias on the market. The Dynamic Support is being respected; breaking this will negate the higher low structure, price is technically still in its apex. Range high is current resistance that is in confluence with the .382 Fibonacci, a rejection here is probable upon first test. Both Oscillators are currently weak, below their 50 midpoint, this is indicative of weakness in the market as there is no valid divergence. Range mid is the immediate target if price decisively rejects from range high Overall, in my opinion, EURCAD is a valid short with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work
Short
by AzizKhanZamani
1
GBPJPY Rising Channel| Local S/R| .382 Fibonacci| 200 DMA Evening Traders, Today’s Analysis – GBPJPY- breaking bearish from its ascending channel, downside momentum probable. Points to consider, - Bearish Price Action - Channel Support Broken - Daily S/R Support - Local S/R Resistance - Resistance Confluence GBPUSD’s immediate Price Action is bearish by breaking ascending channel support, this allows us to have a bearish bias on the market. The Daily S/R is current support that is likely to get respected on first attempt. The Price Action resistance is poised by the Local S/R that has confluence with the 200 DMA and .382 Fibonacci. The Volume Profile is slightly above average, an influx will be noticeable especially when testing key levels such as the Daily S/R. Overall, in my opinion, GBPUSD is a valid short with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “The core problem, however, is the need to fit markets into a style of trading rather than finding ways to trade that fit with market behavior.” – Brett Steenbarger
Short
by AzizKhanZamani
6
GOLD Rising Wedge| Local S/R| .618 Fibonacci| 200 MAEvening Traders, Second Analysis – GOLD – approaching key Local S/R where a technical bearish retest is probable. Points to consider, - Rising Wedge (Bearish) - Local S/R Resistance - 200 MA Resistance - .618 Fibonacci Confluence - 21 MA Dynamic Support - Oscillators Technical Divergence GOLD’s immediate Price Action is trading in a rising wedge, breaking down will allow us to have a bearish bias on the market. The Local S/R is current key resistance that is in confluence with the 200 MA and .618 Fibonacci. Price Action is likely to have an initial rejection here. Both Oscillators have a valid technical divergence; this will be negated if price breaks above Local S/R. The current volume profile has been declining; an influx is probable when testing Local S/R as this is the next trade location. Overall, in my opinion, GOLD is a valid short with defined risk, invalidation is above local S/R. Price Action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “A quiet mind is able to hear intuition over fear.” ― Yvan Byeajee
TVC:GOLDShort
by AzizKhanZamani
2
BTCUSD Swing High| Monthly S/R|.50 Fibonacci|Volume Climax|PAEvening Traders, Today’s analysis – BTCUSD – breaking back below Monthly S/R, pull backs on low volume indicates weakness, Points to consider, - Impulse Price Action - Local S/R Support - Resistance Confluence - Oscillators Below 50 - Volume Climax BTCUSD’s immediate price action is bearish by breaking below Monthly S/R, this allows us to have a bearish bias on the market. The Local S/R is current support that has been tested, holding this level is key to maintaining structure, short target. The Dynamic Resistance from the Ascending Broadening Wedge is valid; price action has activated this pattern by breaking bearish . This level is also in confluence with the .618 Fibonacci and 200 MA, adding to the probability of a short. Both oscillators are trading below 50; this indicates weakness in the intermediate term. The current volume profile has a valid climax signalling a temporary bottom. Price Action is likely to trade between Monthly and Local S/R in the short term. Overall, in my opinion, BTCUSD is a valid short with defined risk; price action is to be used upon discretion management of trade. Hop this analysis helps Thank you for following my work! And remember, “Never let a win go to your head, or a loss to your heart.” – Chuck D.
BYBIT:BTCUSD.PShort
by AzizKhanZamani
4
AUDUSD Range High| Bearish Retest| Price Action| Stoch Cross Evening Traders, Second update – AUDUSD- Price Action is approaching range high where resistance is probable to establish a bearish retest. Points to consider, - Impulse Price Action - Range Low Support - Range High Resistance (Bearish Retest Zone) - Oscillators below 50 - Volume below average AUDUSD’s immediate Price Action is impulsive, approaching key range high resistance where a bearish retest is probable. This allows us to have a bearish bias once a rejection occurs. The range mid is the immediate target, price action holding this level will be bullish in the immediate term. Both oscillators are below 50, breaking above will signal immediate strength in price action as it approaches resistance. The volume profile is currently below average, an influx will be probable when testing key trade locations. Overall, in my opinion, AUDUSD is a valid short with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Short
by AzizKhanZamani
USDCHF Daily S/R| .618 Fibonacci| 200EMA| Swing High| Low VolumeEvening Traders, Today’s Analysis – USDCHF- breaking key Daily S/R, holding structure will change the local trend. Points to consider, - New swing high - Daily S/R Support (200 EMA & .618 Fib) - 21 MA Resistance - Oscillators Divergence - Volume Below Average USDCHF’s Price Action has established a new swing high above Daily S/R. This shows strength in the market allowing us to have a bullish bias. The Daily S/R is current support, holding this level will maintain a higher low structure. This area is also in confluence with the .618 Fibonacci and 200 EMA. The 21 MA is local dynamic resistance, breaking this in the immediate term will signal bullish momentum. Both Oscillators have a hidden bullish divergence, price action showing strength now will confirm a swing low failure on them. The current volume is below average, an influx is probable when testing key trade locations such as the Daily S/R. Overall, in my opinion, USDCHF is a valid long with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “Trade What’s Happening…Not What You Think Is Gonna Happen.” – Doug Gregory
Long
by AzizKhanZamani
5
DIAUSDT Falling Wedge|Price Action Apex|Swing Low|200MA|.618 FibEvening Traders, Second Analysis – DIAUSDT- trading in a falling wedge formation where a confirmation will be on a break of dynamic resistance. Points to consider, - Price Action Apex - Market Structure Lower Lows - Key Dynamic Resistance (.618 Fibonacci Confluence) - RSI Divergence Forming DIAUSDT is trading towards its apex in a bullish falling wedge pattern were a confirmation will allow us to have a bullish bias on the market. The market structure is currently making lower lows on dynamic support, holding this on the next test will increase the probability of a bullish divergence on the RSI. The volume profile is currently below average, a break of resistance will need increasing volume. This will signal a true breakout, aiding in avoidance of fake outs. Immediate target is the bearish retest zone which is in confluence with the .618 Fibonacci and market structure. A respect of resistance here is highly probable on the first test. Overall, in my opinion, DIAUSDT is a valid long once the falling wedge pattern is confirmed. Price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
Long
by AzizKhanZamani
NZDUSD Weekly S/R|200DMA|Broadening Wedge .618 Fib|Bearish PAEvening Traders, Today’s Analysis – NZDUSD- trading in an Ascending Broadening Wedge with bearish price action, a retest of Weekly S/R likely. Points to consider, - Bearish Structure (H&S Pattern) - .618 Fibonacci Resistance - Weekly S/R Support (200DMA Confluence) - RSI Bullish Divergence - Stochastics Buy Cross - Volume Declining The current price action for NZDUSD is bearish representing the psychology of a head and shoulders pattern. The larger formation, the Ascending Broadening Wedge has a higher probability of breaking down. This allows us to have a bearish bias on the market. The immediate price action has a bullish divergence playing out as indicated by the RSI and the buy cross on the Stochastics. Price is likely to respect resistance from the .618 Fibonacci to complete a probable right shoulder. Weekly S/R is current macro support with the 200 DMA in confluence; price is likely to come for a back test ad hold of this level. The volume profile is currently declining, indicative of an influx when key trade locations are tested, especially Weekly S/R levels. Overall, in my opinion, NZDUSD needs further development in price action before any valid short entries. Price action is to be monitored upon discretion when placing trades. Hope this analysis helps Thank you for following my work! And remember, “Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
Short
by AzizKhanZamani
2
QTUMUSDT Dynamic Resistance| Daily S/R| .618 Fibonacci| 200MAEvening Traders, Second Analysis – QTUMUSDT- bearish Price Action with consecutive lower highs, a back test of Daily S/R is probable. Points to consider, - Bearish Price Action - Key Dynamic Resistance (200 MA & .618 Confluence) - Swing Low (Temporary Bottom) - RSI Respecting Trend - Stochastics Bearish - Low Volume QTUMUSDT is trading with bearish Price Action under key dynamic resistance; this allows us to have a bearish bias on the market. This area is in confluence with the .618 Fibonacci and 200 MA, adding to the probability of a resistance respect. The swing low is a temporary bottom; price taking it out will make the Daily S/R an immediate target. The RSI is respecting its trend line, a break will coincide with further downside on the stochastics. The stochastics are currently holding the 50 mid-point with a valid sell cross at current given time. Volume is currently very low; an influx is probable when testing ley trade locations such as the Daily S/R. Overall, in my opinion, QTUMUSDT is a valid short with defined risk; Price Action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “It’s OK to be wrong; it’s unforgivable to stay wrong.” -Martin Zweig
Short
by AzizKhanZamani
2
XTZUSDT Rising Wedge|Daily S/R|.618 Fib|200MA|Stoch Bearish DivEvening Traders, Today’s Analysis – XTZUSDT- trading in a valid rising wedge, approaching key resistance where a rejection will be plausible, Points to consider, - Rising wedge pattern (Bearish) - 21 MA immediate support - Daily S/R Resistance (.618 Fibonacci Confluence) - RSI Respecting Trend - Stochastics Bearish Divergence - Volume Below Average XTZUSDT’s immediate Price Action is trading in a bearish Rising Wedge pattern. This allows us to have a bearish bias on the market. The 21 MA is acting as dynamic support, as long as price respects this average, XTZUSDT will continue grinding up. Daily S/R is strong resistance as it is in technical confluence with the .618 Fibonacci. The 200 MA is also lurking from above, an initial rejection here is expected; this may lead to a break of the Rising Wedge. The RSI is currently testing its trend line; a break will coincide with Price Action rejecting. The Stochastics has a valid bearish divergence and a sell cross, this is indicative of further downside. Furthermore the current volume is below average, an influx is highly probable when a break up or break down comes to fruition. Overall, in my opinion, XTZUSDT is a valid short with defined risk; Price Action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “The market can stay irrational longer than you can stay solvent.” – John Maynard Keynes
Short
by AzizKhanZamani
4
EURNZD Daily S/R| .50 Fibonacci| Swing High| 200 DMAEvening Traders, Second analysis – EURNZD- breaking out of Daily S/R where a retest is probable before continuation, Points to consider, - Trend Bullish (Swing High) - Daily S/R Support (.50 Fibonacci Confluence) - 200 MA immediate resistance - RSI above 50 - Stochastics Buy Cross - Local S/R Target EURNZD’s immediate trend is bullish with a new swing high of from a double bottom structure. This allows us to have a bullish bias on the market. The Daily S/R is immediate support; price is likely to respect this level as it is in confluence with the .50 Fibonacci. The 200 MA is current resistance, historically price has been respecting it, and so a rejection here is plausible. The RSI is above 50 and there is a valid buy cross on the stochastics, this is indicative of strength in the market as EURNZD holds structure. Overall, in my opinion, EURNZD is a valid long with defined risk, price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, In trading, everything works sometimes and nothing works always.”
Long
by AzizKhanZamani
NEOUSDT Falling Wedge| .618 Fibonacci| 200 MA| Range MidEvening Traders, Today’s analysis – NEOUSDT- price is closing on its apex where a break to the upside is probable. Points to consider, - Trend falling wedge - 200 MA Support (.618 Fibonacci Confluence) - Range-Mid Resistance - Oscillators Neutral - Volume below average NEOUSDT’s immediate price action is trading in a falling wedge. This typically is a bullish pattern once resistance is broken. The 200 MA is in confluence with the .618 Fibonacci, this adds to the probability of a bounce being probable for NEOUSDT. Range-Mid is the immediate resistance; Price Action breaking this level will increase the probability of taking out swing high. Both oscillators are currently trading neutral whilst the volume is currently below average. An influx is probable when breaking the falling wedge for confirmation. Overall, in my opinion, NEOUSDT is a valid long with defined risk; Price Action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “There is a huge difference between a good trade and good trading.” – Steve Burns
Long
by AzizKhanZamani
4
ATOMUSDT Daily S/R|21MA| .50 Fibonacci| Declining Volume Evening Traders, Second Analysis – ATOMUSDT- trading at resistance where a bearish retest to the downside is probable. Points to consider, - Trend lower highs - Range- Mid Support - Daily S/R Resistance (21 MA & .50 Fibonacci Confluence) - Oscillators below 50 - Declining Volume ATOMUSDT’S immediate trend is bearish due to consecutive lower highs and lower lows. This allows for a bearish bias on the market. Price is likely to test Range-Mid with the extended target at lower Daily S/R. This level is in confluence with the 200 DMA. The current Daily S/R is resistance; a rejection here is plausible to establish a bearish retest. There is technical confluence with the .50 Fibonacci and 21 MA, enhancing the probability of a rejection. The RSI and Stochastics are both below 50, this is indicative of weakness in the market, further downside likely to reach oversold conditions. Overall, in my opinion, ATOMUSDT is a valid short with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Short
by AzizKhanZamani
1
USDCAD Daily S/R|.618 Fibonacci|200 DMA|Bearish Market StructureEvening Traders, Today’s analysis – USDCAD – price approaching key Daily S/R where a bearish retest is probable, Points to consider, - Bearish Market Structure - Range-Mid (Support) - Daily S/R Resistance (.618& 200DMA confluence) - Oscillators extending USDCAD’s Market Structure is bearish with consecutive lower lows and lower highs, this allows for a bearish bias on the market. Range-mid is the immediate support, price holding this level will establish a local higher low. The Daily S/R is current resistance approaching, rejection here is plausible due to technical confluence with the .618 Fibonacci and 200 DMA. Both oscillators are getting overextended, this is indicative of a reversion to their mean which will coincide with price action. Overall, in my opinion, USDCAD is a valid short with defined risk; Price Action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
Short
by AzizKhanZamani
2
GBPUSD Weekly S/R| 200DMA| .50 Fibonacci| Local S/R Evening Traders, Second Analysis – GBPUSD- testing Weekly S/R that has technical confluence, a bounce here is probable. Points to consider, - Impulsive Price Action - Weekly S/R (Support) - .50 Fibonacci (Resistance) - Stochastics Buy Cross - Evident volume Climax GBPUSD’s immediate Price Action has been impulsive to the downside, currently testing a key Weekly S/R, a strong support that has confluence with the 200 DMA and the .618 Fibonacci. This added confluence increases the probability of a bounce. The .50 Fibonacci is immediate resistance; price is likely to test this level with a reaction. The Stochastics has a valid buy cross in over-extended conditions along with the RSI. A reversion to their mean is probable; this will coincide with a bounce in Price. A volume climax node is evident; this usually indicates a temporary bottom as price finds its equilibrium. Overall, in my opinion, GBPUSD is a valid long with defined risk; price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “Trade What’s Happening…Not What You Think Is Gonna Happen.” – Doug Gregory
Long
by AzizKhanZamani
1
ADAUST Weekly Range| 200MA| Weekly S/R| .50 Fib| 21MAEvening Traders, Today’s analysis – ADAUSDT- initial respect of the weekly resistance, Price Action has a probability if retracing here. Points to consider, - Impulsive Price Action - Range-mid support (21 MA Confluence) - Weekly S/R Resistance (200 MA&EMA Confluence) - Oscillators overbought - Volume Climax The immediate Price Action on ADAUSDT has been impulsive, currently testing Weekly S/R where a rejection is probable. The Weekly level has the 200 MA and EMA converging, adding more technical confluence to resistance. Range-mid is the immediate support, Price Action has the probability of retesting and holding this level as it is in technical confluence with the 21 MA. Both oscillators are above overbought conditions, a price retracement will allow for the RSI and Stochastics to return to neutral. The volume profile has a valid volume climax, this is indicative of a temporary top being set as price finds its equilibrium. Overall, in my opinion, ADAUSDT is a valid short with defined risk; price action is to be used upon discretion/management of trade. Hope this analysis helps Thank you for following my work! And remember, “Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Short
by AzizKhanZamani
4
GOOGL Daily S/R|200 MA|Hidden Divergence|Swing High|Price ActionEvening Traders, Second analysis – GOOGL – testing key 200DMA where a bounce into Daily S/R is probable, Points to consider, - Bearish Price Action - 200DMA (Support) - Daily S/R Resistance - RSI Hidden Bullish Divergence - Increasing Volume GOOGL’s immediate Price Action from swing high is bearish where a back test and respect of the Daily S/R will establish a bearish retest. The current 200DMA is supporting price, this is a technical pivot where a bounce is probable. The RSI has a valid hidden bullish divergence, indicative of strength and a potential short term reversal. Current volume profile nodes are increasing; this is expected as price trades at a key technical level. Overall, in my opinion, GOOGL is a valid short-term long into Daily S/R with defined risk. Price action is to be used upon management/ discretion of trade. Hope this analysis helps Thank you for following my work! And remember, “Win, loss whatever emerges in the short-term, place and manage your next trades untouched, unattached... always keeping your eyes on the long-term picture.” ― Yvan Byeajee
NASDAQ:GOOGLLong
by AzizKhanZamani
2
AUDUSD Impulse Sell| Oversold Bounce| Daily S/R| Bearish PA Evening Traders, Today’s analysis – AUDUSD – impulse sell from swing high, further downside probable, Points to consider, - Trend bearish - Daily S/R Support - Local S/R Resistance - Oscillators approaching oversold - Volume below average The immediate trend for AUDUSD is bearish due to impulse sells. This allows us to have a bearish bias on the market. The Daily S/R is currently holding as support, price is likely to respect this level on the initial test. Local S/R is the immediate resistance, respecting this level will establish a bearish retest. Both oscillators are approaching oversold conditions, this is indicative of a short term bounce, relief rally before continuation. The volume is currently below average, an influx is likely with accelerated selling. Overall, in my opinion, AUDUSD is a valid short with defined risk. Price action is to be used upon discretion/ management of trade. Hope this analysis helps Thank you for following my work! And remember, “You never know what kind of setup market will present to you, your objective should be to find opportunity where risk reward ratio is best.” ― Jaymin Shah
Short
by AzizKhanZamani