The Detrended Price Oscillator is showing major move ahead for BTC. It could go either way. The Bulls could hit a heavy rejection by resistance. But DPO is showing bullish divergence forming. Hope this helps!
This is the moment of truth. Will the bear trend continue from its previous ATH Could go either way. The beauty of finding these setups is that you are wrong on your prediction you can easily reverse your position and still enter a profitable trade on the correct side. The next 1-3 days will decide the fate of BTC for a good amount of time. Good luck on your...
Stoch refueled on the 2H. The Directional Movement Index is showing bullish sentiment building See chart for TP and SL You can also use a simple alert on the DMI to make TP or SL. Set alert to where DI+ crossunder DI- Let Tradingview work for you
Gold - Expecting retrace from recent bull push. Support trend lines have broken on multiple indicators. And Bear Divergence is forming on multiple indicators. See chart for take profits. You can set up use multiple stop losses with the indicators provided. Stop Loss or Take Profit If Detrended Price Oscillator crossover 0 or Stop Loss or Take Profit if Directional...
Resistance being tested here on the 1H chart See chart for Stoch and DIrectional Movement Index analysis This is a great entry point because you can set tight stop loss Use Directional Movement Index cross as stop loss
See chart for details and stop loss The detrended price oscillator is showing bullish sentiment building Excellent long entry because the risk/stop loss is very minimal
Possible bullish breakout testing here on the 2 hour line chart As always. Set alert for take profit and stop loss with your indicators. If the DI- crosses over the DI+ on the directional movement index Of If the Detrended Price Oscillator crosses under 0 See chart for setup
Head's up. Using the conservative 89 fib lookback period of the directional movement index indicator and the detrended price oscillator indicator. This chart is in share mode. Set crossunders on the indicators to determine take profit or stop loss. Happy hunting!
Watch for small scalp potential as it could retrace here. See chart for details. Watch next Friday closely. New nonfarm payroll report to be released. Could cause market to crab sideways till then. But hoping it makes minor retrace correction here first before the report is released.
Sorry friends. Waiting for potential buys zones What a tough day! My call earlier still gave time to trail stop at a a minimal profit. Going in conservative mode. Waiting for support levels to test.
Bull Divergence is forming on the Detrended Price Oscillator.
I am neutral here. Finding good entries is vital when you are neutral. This allows you to not only set tight stop loss, but also an easy reversal.
See chart for details. When you slow down the lookback period of any well known oscillator indicators, you get interesting data! This chart uses a slow fibonacci lookback period (377) for the detrended price oscillator. If the indicator line is above 0 then the market is bullish If the indicator line is below 0 then the market is bearish BUT... You've got to...
Heads up! Is the weak retrace over for BTC? This chart setup is indicating so. Bullish dIvergence is forming on the detrended price oscillator indicator - which is a free to use indicator on Tradingview. Excellent entry point because stop loss is minimalized. See chart text for setup details.
Avax hitting heavy bear divergence on the detrended price oscillator Expecting retrace here. See chart for take profits Or use the detrended price oscillator as a way to set up stop loss and take profit. If dpo crossover 0 then SL or TP Trading view allows you to set alerts for such condition that can be sent to your phone within seconds
DXY is showing some signs of bearish divergence forming on the DPO indicator. Looking for a fib retracement from the bull pennant before potential long continues Average in over the next few hours. Or set alert on the DPO to crossunder 0 for a more conservative entry.
Indicators are showing bullish sentiment building. See chart for analysis Hopefully this is the end of the side ways market Use your indicators to create stop loss and take profit. DPO crossunder 0 = stop/take profit DMI Di- crossover Di+ = stop/take profit
#BTC is nearing a major crossroad. The next few days will decide the fate of what type of market sentiment Bitcoin is in. I am neutral here. I will set alerts and let @tradingview work for me so I don't have to be glued to the chart.