Bill Williams Indicators
NZD sprint is fading//Short:
NZD been on a strong run up but beginning to get overextended as seen here with NZDCAD. Running into a S/R level with strong divergence on the oscillators.
<> - See what the market does at the 0.88577 level with possible 2nd dynamic target at Kijun-sen
<> - SL above .236 ath/atl fib level / long flat july Kijun-sen
Quadruple Threat - Crypto-Stick KO-CombinationHey everyone - I just wanted to show that our indicators will work on other instruments than crypto! Dont let the name fool you :)
Shown are 4 cryptosticks indicators. Top 2 are already released and available in the public library. Bottom two are yet to be released, but wil be soon! (also in the public library). This series of indicators is an attempt to view your traditional favorites in a new light.
Here is an example strategy I came up with using these 4 together. As you can see they would've helped you cash in on that price push that GPU cryptocurrency mining rigs created for their graphics card division.
Analysis
As the MOM and CCI are trending towards the oversold zone, and W%R is already we feel a long opportunity is coming for AMD in the coming days.
Fundamentally the company has competitive hardware and great brand loyalty.
To enter a less risky setup wait for the (lagging) entry from TSI. TSI is currently trending right above the oversold zones, and since its a lagging indicator, we look to the others.
Entry around $20, Stoploss at $17. Target is $27.
Info about Crypto-Sticks Series of Indicators
This series isnt polished 100%, and I have some more options I will add in the future. But for now, I want to just release them, as I am not sure when I will have the time to put more work into them (many other big projects I am working on).
Its basically reinterpretations of all your favorite indicators. I calculate the values a little bit differently than normal, but the end result is creating a candlestick chart (for the indicator!). Then I added the option to plot them as Heiken Ashi candles to smooth out noise and make signaling easier.
Lastly I implemented a Volume Weighting system for them all which simply integrates volume into the formulas for these indicators. For the most part this feature is experimental and doesn't provide huge utility (yet - I have other ways I want to try it as well - just no time). Though on some of the indicators it already shows great promise.
Enjoying these indicators or find them useful? Please give me a like and follow! There are many more indicators to be released in this series, not to mention I post crypto analysis and other free indicators regularly.
Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isnt open only to subscribers - everyone is welcome to join.
Channel/Fractal/Kumo Bounce//Short:
Price pulling back to the Kumo with a bearish future still. UO showing hidden bearish divergence on the daily, bearish divergence on the 4hr. Market respecting the channel for months. Looking for weakness in the fractal zone with a target at bottom of the channel.
<> My multi-indicator script here
Supply Zone//Long:
coming off of a ~2week retracement with momentum to the downside slowing and price holding at SSB / supply zone. Entry is above Oct 12 high with stop some pips below the cloud.
<> Possible resistance - 114.818
<> Possible resistance / TP - 117.4-118
<> Target - 120.2
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<> My multi-indicator script here
Wait for the candle to close//Short:
Bounced off the top of the channel and missed my short entry, here we have another opportunity however with rejection at the fractal level and a nice shooting star forming.
<>mind the zone below If price breaks below that looking to cover in the larger marked s/r zone
<> My multi-indicator script here
Looking Into the eyes of AUDJPY longterm short or nahHey guys, looking at basic price action and fractals. I feel as if we have a prime opportunity for a short position. looking to take profits at 77.69.
Using Fractals we can clearly identify bearish trend following lower highs and lower lows. Connecting our lower highs using the angle trend line we can now gauge the strength of the trend any angle between 30 and 45 degrees is a consistent trend.
FX:AUDJPY
Bit.tube was about to close cup and handle. Bit.tube was about to close cup and handle. It's enough to broke up the 0.000016 BTC wall ( 0.1 $ at this BTC Change )
Positive news on technology side ( Antiasics Saber Algo confirmation and the "10.000 uploaded video" counter reached ) could indicate a continuation of this positive trend, but we must be careful about the next imminent wave retracement
Bit.tube sta per chiudere la sua tazza con il manico. Sembra che sia sufficiente per rompere finalmente il muro dei 0.000016 BTC ( 0.1 $ a questo cambio BTC ) ?
Notizie positive dal punto di vista della tecnologia ( Saber ha confermato che l'algoritmo è completamente antiasics e il contatore ha raggiunto i 10.000 video caricati ) potrebbero contribuire la continuazione di questo trend positivo, ma attenzione al prossimo imminente ritracciamento.
BTC - USD : Decision aheadWe printed a higher low on the daily - which is a great sign. Let's keep an eye on that young trend line and let's see if we can print a higher high above 7150.
The descending triangle from 13K is the biggest resistance, followed by the last tops at 8400 - horizontal line.
If BTC can break both resistances upward, the next leg up will be a powerful one...