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Volumeanalysis

RUN - Adam & EveThis A&E pattern has a fair chance of working out due to the huge volume gap up on 28 July, followed by a bear flag (cup & handle within the "Eve" pattern). Attempts to break above the neckline failed last Friday however, but in the bigger picture, the stock is now above it's 200 day moving average. Any pullback from here should see support around 29 (recent bear flag low). Or long when there is a confirmed breakup followed by the first pullback that does not breach the neckline support. With S&P hitting potential resistance now, there is some worry that a pull back in the bigger market is imminment. Manage trades with appropriate stop losses and right position sizing. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:RUN
by Juliac
SPY in a downtrend? Where's Top? THE ANSWERS!Chart: SPY 2 week TF. The answers are both in the chart and below. SPOILER: If SPY rallies to $800, the downtrend is still valid. Interesting: A downtrend is defined as LOWER lows (LL) and LOWER highs (LH). Uptrend? as HL's and HH's. ** A single HIGHER high (HH) invalidates a downtrend trend in that TF. Trend is relative to TF and can be valid in one TF but invalid in another. A HH is established when the previous HH is superseded by a new candle's _____________ (fill in the blank). Answer: It's the new candles **close** that takes out a previous high, **not** its own high. Once that condition has been met the new High is promoted to the status of HH. Important: SPY's 1 week down trend was invalidated when the HH of $393.16 established on the 28th of June, 2022 was taken out by the close of $395.09 on Friday, July 18th, 2022. Chart: 2 week downtrend is still valid and the current 2W candle closes in 5 days. (8/12/22) The trend remains valid if that close is below the previous HH of $417.44 established on June 2nd 2022. Very important: *** The high of (this) week is not relevant to the 2W downtrend. Only the candle Close on Friday (8/12/22). Implication (not opinion): If SPY rallies to $420, the downtrend is still valid. If SPY rallies to $500, the downtrend is still valid. If SPY rallies to $600, the downtrend is still valid. If SPY rallies to $800, the downtrend is still valid. ... *as long as* price falls back to $417.44 by EOW. The point: ... idk. Ask me in 2 weeks. Where is "top"?: It's the price where the last bear goes long (aka covers). In other words when there is not a single buyer left. ** Starting with Homma Munehisa, (1755) The Fountain of Gold—The Three Monkey Record of Money. to the more contemporary: Al Brooks, (2009) "Trading Price Action Trends" .. and everyone in between.
AMEX:SPY
by gb50k
1
OPEN - Falling wedge (potential breakup)OPEN has been in a falling wedge for almost 6 months now and is approaching closer to the apex of the wedge. A falling wedge breakup may not necessarily work out well (ie it could continue to drift sideways once the wedge converge and it was "forced" out of the wedge eventually. However a clue that this wedge breakup could work is the higher volume that we see in the past 1.5 weeks as the stock trades in small and tight range (accumulation). So let's see! p/s a break up but subsequent fall back into the wedge below the recent low @ 4.28 confirms a failure of this breakup. (though I feel this odd is lower now). Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:OPEN
by Juliac
3
Easy Orderblock Setup On AUD/USD - Wait For The Pull BackToday is NFP Friday. This means that prices can become extremely volatile today. Trade at your own risk today. Be careful of extreme volatility when the markets open. I am looking at AUD/USD on the 1-hour time frame. We have had a few Order blocks in the past few hours that have all hit nicely. However, I am focusing on the current most recent high as a point of entry. I have highlighted the order block zone in yellow. I did this by putting a zone around the most recent bullish candle before the impulsive move downwards. I am waiting for the price to retrace back into this yellow zone before opening up a possible short position targeting the 0.695 price level. There is a lot of interest at this level as we can see it has been treated as support and resistance. I'm looking for a simple one-to-two risk to reward with this position. Keep the setups simple and wait for opportunities to show themselves to you. We have had a large drop in the 4-hour time frame which shows that we have potentially switched trends around for the time being. This is why I am looking for short opportunities. This order block co-insides nicely with the above descending trend line connecting the three tops moving downwards. I would like to see some strong bearish volume show up soon to help add confluence to this move downwards. As we are waiting for a retrace back into the yellow order block zone, I do not want to see strong bullish volume. I'd rather it be weak bullish volume to help confirm that we are still moving downwards. As today is NFP, anything can happen. Markets react differently to NFP so I would rather stay out of the markets today as there is always another opportunity. However, I wanted to show you guys what I would be looking for. I love trading order blocks. They are my primary strategy in the 4-hour time frame. I use them in conjunction with MA lines, the MACD, and volume. I always aim for a minimum of one to two risk to reward. For those of you that aren’t used to trading them but would like to learn more about them, I suggest going through your charts and learning to spot them. Look for places on the chart where you can see a large impulsive move breaking previous support and resistance and then look for the most recent bullish or bearish candle before the impulsive move in the opposite direction. This would be your order block. Highlight that candle from top to bottom and drag out the zone and see if the price respected this zone by retracing back into it before continuing its move. On that note, I wish you all a happy weekend. I will be seeing you next week. The Vortex Trader.
Short
by TheVortexTrader
EURUSD - The downtrend is over! New bull market + Elliott Wave EURUSD successfully maintained the 1.0 USD level.This is a significant psychological level! As per my Elliott Wave analysis, this huge downtrend should be over, and now I expect a corrective move to the upside. An impulse Elliott Wave has been successfully completed. Let's see how big this correction is going to be. On the daily chart, we can spot a beautiful descending parallel channel, and I think the bulls can step in to destroy this pattern! As you can see on the chart, we had 2 fakeouts during this downtrend and this indicated a corrective move. Usually, the third breakout is real! The profit target is at 0.618 FIB + the start of wave 4. Look at my ideas about Gold, Bitcoin and Ethereum in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
54
Rejected! Next Stop Point Of Control!When taking a look at the S&P500 on the Daily TF, we can see that there was a clear rejection from the Volume area high (Blueish line above). The next stop will be the point of control (Red line). Most of the market does follow this chart so before you short, double-check their chart. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
SP:SPXShort
by rnaofs
Volumetric SPY, a bounce or...?Hello everyone, after a bit of relaxation I'll be back to update you here and on the various platforms. 2022, as we know and have now metabolized, will be remembered as a rather black year, how black the second half of the year will tell, which could take back one of the worst declines in the history of the S&P, or sink the blow further. Let's first analyze the SPY chart, where we can see, as always, that the volumes have supported the market rebounds , even in this slightly interlocutory summer phase. After the first low volume node in area 410 was punctured, the market then rebounded in area 390, returning to retest the level. Subsequently it has punctured until it reaches area 365, another low volume node and now we are again in area 390. Classic downward trend. In the last few days, however, we have had quite decisive uptrend days, it must be seen, being the third week of the month, where the monthly options expire, if they are movements aimed at directing the price in certain areas, pushed by institutional money, or it is the first reversal signal. One thing is certain, either way, we will have a retracement, probably in the next week or the following. If it stops above the volume node in area 365, and then starts again, it will be an excellent signal. The coming week will also be correlated with potentially very impactful news, which could raise volatility, so watch out for days 26, 27 and 28 where we will have the consumer confidence report, the FED meeting and the GDP data for the second quarter, in this order. As for my operations, I have only accumulated my portfolio of ETFs and I have mediated on a few single shares (Apple and Airbnb). It is absolutely not the time to sell, this will come, and if we have "sown" wisely, we will have a good harvest. While not doing speculative forex, trading 80% in USD, I always keep an eye on the EUR / USD. My "target" was the 1/1 , achieved, which made me earn a good percentage of the capital. In times of downturns, at least the dollar brings some comfort. I would like to point out the Gold, which arrived in a very important area, historically of rebound and volumetric accumulation. I have recently added on the related ETC which replicates the performance of the futures. That's all for today, Happy Trading Lazy Bull DISCLAIMER: I am not a financial advisor. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AMEX:SPY
by LazyBull5
Bitcoin: Enough bad news has already happenedI have been listening and reading a lot of analysis and many bears are looking for more bad news. They expect more contagion from Three Arrows Capital, or from Celsius bankruptcy proceedings, another project to go bust like Luna, and quite frankly I think it doesn't matter. Trading and investing is a practical application of psychology, both individual and mass. Part of this psychology is studying how information (price and price action) goes through the human network and how the sentiment of regarding price and price action changes. There is a world of difference in sentiment that occurred when bitcoins price action went from $200 to over $19,000 than when price action hit $19,000 again, this time by falling from $69,000 News can have a varied affect price depending on market phase. Bad news has a disproportionate effect on price in bear markets and good news has a dipropionate effect in bull markets. That is how sentiment and price work together. One way you can get a feel for markets pivoting subtly is when bad news no longer drives the bear market lower and good news no longer pumps the price. Why? It is how sentiment goes through a market and most of the people with money have already used it up. In the bear case all the hot money is gone, the leverage has been squeezed out most of the weak hands have also left. What we have left are people with a longer time horizon that want to buy short term bad news due to a believer in long term gains. The liquidations show the weak hands and hot money getting crushed for being too optimistic. Below is a version of a chart I have shared several times before. Price is deep below the weekly ichimoku cloud where most people are bearish. The On Balance Volume is way below the 100 SMA. These are areas where accumulation occur. SO far after every time bitcoin based with the OBV below the 100 the SMA we have formed a continuation pattern to the upside. Mostly a W. When the volume has been driven down so low it has less ability to go lower. Most of the sellers that would have driven it lower have left. If you want more confirmation or momentum then you could wait to put your position on when the OBV gets back above the 100 SMA. I however, am building my position in alts that I think will have the most upside for a mutli year bull market like we had after 2015.
INDEX:BTCUSDLong
by This_Guhy
4
EURUSD a Long trade is available! Right now price is perfectly over of it's Median of recent 120 hour which is a sign of a bullish trend. Also Higher Highs and Higher Lows are formed. A momentum is also visible. 8th of July was a scene of a really high volume reversing candles which they final were broken in Monday of the next week! At 13th of July Bulls attempt to break the level was unsuccessful. Today at 6 A.M and 7 A.M of UTC, Buyers broke the level successfully! coming back to the price in recent days might be a chance for entering a trade! SL here is just a suggestion regarding the market volatility! I prefer to enter after a confirmation on lower time frames such as 5m chart but it's totally personal! I'll change the value of the SL regarding the entry point but not the amount of SL. TP is slightly below the VP. Both SL and TP may change forward but I'll not change the SL after the trade activated. I look forward to your comments.
Long
by AliSignals
2
First time CE PE VWAP line in Future ChartVery first time CE & PE VWAP line bring into future chart in indices( Banknifty & Nifty ) option trading. Many times options players missing some important piece of information who is in control and where is peak level Bull & Bear standing in dynamic structure. The decay also accordingly melt premium vice versa in CE/PE. In option trading, this indicator resolve overall volatility , equilibrium level, peak level of bull & bear & Breakout level in ONE CHART easy to take quick decision. If you plot see this indicator in future corresponding Call & put option (ATM strike) the red & blue line breakout candle same of your CE/PE VWAP line or one side VWAP of either CE or PE. When price touched any of these line the future price make explosive move. Its NON LAGGING & NON REPAINT INDICATOR You may check your option chart VWAP line the corresponding candle blue line and red crossing.
NSE:BANKNIFTY1!
by manis12345
3
FLUX project , a potential blockchain for futureHi all. we have a long term analysis on FLUX in 1W chart. as you see on my chart after compelete a full cycle of 1-2-3-4-5 and ABC waves we have a potential to start a new impulsive wave. of course this correction may be extend and lasts more. i draw cycle lines (Blue vertical lines) and we see ABC correction lasts 2 cycles and now is in the end of cycle. this means correction last 2 time more than impulsive wave and have a potential to reverse. for the end of ABC correction we have a lot of reason and levels like: 1-we are in the range of recent impulsive wave 4 2-we see a strong support level there(i show it with a purple rectangle) 3-recent impulsive wave fibonachi retracement 50% level 4-wave A projection 200% fibo level 5-POC(point of control) is here. so i think this altcoin have a lot of technical potential for amazing growth. if we see this blockchain website,we found it good protocol with amazing roadmap. runonflux.io what we need is a liitle good news for inflation this week... have good investing and dont forget to manage your risks. !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
Long
by TraderAmin-KZ
Matic 1D chart possible incoming Resistance levelsHello frieand. like you see in my shared chart , matic is in a disjoint channel and runnung sideways. nowadays we are in the mid-line of this channel and we see a strong bullish Hammer in this position. also we see very good volume and its possible they are buyers! if we go upward the first important resistance level is 0.5500 and if we cross this level we will reach about 0.6700. please share your opinion and improve my skills friend. we together can rise up. help each other to grow. teach me something new. i will be happy. thank you all my dear friends. !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
MLong
by TraderAmin-KZ
2
Finding Recession BottomsWith so many calling market bottoms already, I want to show you how we are not there yet, with this simple 3 Month (1 Quarter) chart. We can see, via SPX & VIX, for the bottom in last 2 recessions (2020 & 2008), that quarter had: VIX over 40 (not equal to, since Oct 08 quarter was exactly 40 & not yet bottom) capitulation from significant SPX selling Volume (2020 had 182 billion, we need to see at least close to that) So just those 2 things, if you can wait for each Quarter candle to complete, will show when we have recession bottom. In this recession, the VIX has barely woken up in the high 20s, & Volume selling pressure has been lukewarm, due to many investors still holding on to their previously high growth stocks, or buying more thinking those favorite stocks are now on sale & will rise again to their previous speculative highs. We still have more pain to go. The longer we hold on & deny this recession affects us significantly, the longer & more brutal this bear market will be. Invest wisely. Trade swiftly.
SP:SPXShort
by roelds
1