PUNDIX UP 153% after bullish signal 🚀🚀🚀PUNDIX pumped 153% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). Forming leg C of the Elliot Wave (blue lines).
PUNDIX broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 84. RSI Brown at 123. Which is clearly overbought If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently PUNDIX is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad.
After a retrace PUNDIX might possibly go up for another run, before forming bearish divergence. Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Trendfollowing
BTCST UP 138% and then another 328% after bullish signal 🚀🚀🚀BTCST pumped 328% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). Before that it had a pump of 138%.
BTCST broke out of the bullish Zone of the Ichimoku Cloud, which is bullish . The RSI is in the overbought zone at 92. RSI Brown at 136. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish, as it is pointing downwards. Currently BTCST is way above its upper Bollinger Band, Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad.
Remember to always take profits and use risk management.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
UPDATE: FORTH UP 243% after bullish signal 🚀FORTH pumped 243% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
FORTH broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 85. RSI Brown at 123. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish , as it is pointing downwards. Currently FORTH is way above its upper Bollinger Band , Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
UPDATE: WING UP 600% after bullish signal 🚀WING pumped 600% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
WING broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 95. RSI Brown at 133. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish, as it is pointing downwards. Currently WING is way above its upper Bollinger Band, Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
UPDATE: UNI UP 83% after bullish signal - Ready for more 🚀UNI pumped 83% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the bullish zone at 69. If we take a look at the Average Directional Index ( ADX DI) its bullish . The +DI (Green Line) is above the -DI (Red Line). Although the green line is pointing downwards. The Trend Strength is still strong. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line).
Currently UNI is also above its Bollinger Bands Upper Band, Band Basis 20 Period SMA . A retrace within the Bollinger Band and the ADX pointing downwards, means a retrace is more likely. Note: UNI also hit the resistance (grey block).
Waiting patiently on a bullish Supertrend Ninja signal served me well.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
GOLD - Support Rejected✅ Now Approaching A Resistance!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis, we were looking for buy setups around the 1675 - 1700 support zone
Now What?
GOLD is approaching the upper orange trendline acting as a non-horizontal resistance.
Moreover, the zone 1750 is a support turned into resistance.
Thus, the highlighted purple circle with the red arrow is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange trendline.
As per my trading style:
As GOLD approaches the upper purple circle, I will be looking for reversal bearish setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
UPDATE: BTC UP 14% after bullish signal BTC pumped 14% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
BTC is finding resistance from the Ichimoku Cloud. The RSI is in the bullish zone at 61. If we take a look at the Average Directional Index ( ADX DI) its bullish . The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is weak. Since the ADX (Orange Line) is below its 9 Period EMA (Black Line). Currently BTC is also above its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average ( LSMA ). Which are a bullish signs as well.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
UPDATE: MATIC UP 82% after bullish daily signal MATIC pumped 82% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
MATIC broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 68. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently MATIC is also above its Bollinger Bands Middle, Band Basis 20 Period SMA and the Least Squares Moving Average (LSMA). Which are a bullish signs as well.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
UPDATE: UNI UP 43% after bullish daily signal.UNI pumped 43% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background).
UNI broke out of the bullish Zone of the Ichimoku Cloud , which is bullish. The RSI is in the bullish zone at 63. If we take a look at the Average Directional Index ( ADX DI) its bullish. The +DI (Green Line) is above the -DI (Red Line). While the Trend Strength is becoming stronger. Since the ADX (Orange Line) is above its 9 Period EMA (Black Line). Currently UNI is also above its Bollinger Bands Middle, Band Basis 20 Period SMA. Which is a bullish sign as well.
Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off.
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Use:
In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
S&P 500 Bullish Continuation?Last month, the S&P 500 bounced off a significant support level in the form of
last year’s low at $3662, and this support has held strong ever since.
This month’s candle is looking healthy and bullish following that strong bounce,
and we now want to see this bullish momentum continue.
The $4000 round number is a psychological level of resistance and could force
price back down if it struggles to break through.
On the lower timeframe price has been making a pattern of lower lows and lower
highs, but if we see a break in the pattern then that would be the early signs of a
bullish continuation.
We are waiting for confirmation of bullish momentum, and then we will be ready
to start taking long positions once again as we have our watchlist prepared.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
USDJPY Up 10% Now!In the last post on the USDJPY, price was up 9% since breaking above resistance
at 125.85, which is the high from June 2015. Price has now moved up an extra 1%,
bringing the total to 10%.
Price is forming a neat linear trend with small clean pullbacks along the way up.
The 20 simple moving average on the daily timeframe has been acting as support.
The next major level of resistance is at 147.67, which is from the high formed back
in August 1998. There is still enough room to compound in this trend which could
even see price exceed levels of resistance if it remains impulsive.
Patience for now, as usual, as we wait for the next setup signal to add further positions.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Double Bottom structure in Bitcoin!!!Hello Everyone,
I am sure you all must have seen this structure. Yes, It is Double Bottom in DAY Chart and it shows some hope for upwards movement in #Bitcoin. However, this journey is not that easy for bitcoin, we can see a very strong resistance in front of BTC from the level of 22500 to 24000. Will the buyers have enough strength to break this barrier and make the 24000 a support level? This chart shows my analysis for upcoming days. share your thoughts about this in comments.
Weekly candle closing is also very important. if everything is right, than we may see "A morning star" pattern in weekly chart. which will be very important to understand where we are moving with Bitcoin.
my positions right now: (Kindly manage your risk accordingly. my recommendations is for spot trading only)
First Trade @ 20500
Long;
Target: 22250
Stop loss: 20250
Second Trade @ 22250-22750
Long
Target: 23500
Stop loss: 22000
Please like and comment to share your ideas. Happy & Safe Trading!!!
EXCEL : TARGET 300%HELLO FRIENDS!
Excel is bullish as it's trading above the band as per my strategy explained in in the video on my channel POWER OF MOMENTUM by Amit Mandal. So we can take entry at cmp as price has given breakout above the trendline decisively. Sl and Target are mentioned clearly in the chart. One can take entry with proper position sizing & risk management. RISK VS REWARD is more than 6.
DISCLAIMER : Trading is risky. I hereby explain my trading ideas for knowledge purposes only.
USDJPY Up 9% After Breaking Out!With the US Dollar now on the move, some forex pairs are forming trends and one of them
is the USDJPY, which recently broke out from long-term consolidation.
Price started to consolidate in June 2015 and broke above resistance in April 2022.
There was a nice move up, and then a pullback, then price continued to move back to the upside.
Since breaking out, price has moved up 9%. This forex pair has trended really well in the
past and is likely to do the same going forward now that we have a breakout.
The current trend appears linear and clean, and if we continue to see a pattern of higher highs
and higher lows with small pullbacks, that will confirm a linear trend is in play.
If today’s bar closes with a break and close above the previous high, it will confirm a trend continuation.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
US Dollar Up 3%The US Dollar has moved up 3% so far this month and entering price levels
we haven’t seen since 2002 and still climbing.
Price was previously in an area of consolidation, which ran from 2017. With a
breakout from a long period of consolidation, we can expect a strong move in
the direction of the breakout.
The 3% move to the upside this month equates to $3 and price may continue
to climb and if it does then forex pairs that the US Dollar influences are likely
to move as well.
The next level of resistance in the way is at $121, which is the high of July 2001.
A move to this level would create a trend large enough to allow us as trend-followers
to compound and profit heavily from such a move.
If you like enjoyed this post, make sure to like, and follow for more quality content!
If you have any questions or comments, comment below. We reply to every comment!
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Datatec at an area of valueJSE:DTC reached a 52-week high today, it also broke above a resistance level. If you zoom into the monthly time frame you'll see that it's near a potential resistance as well, old resistance level. I'm bullish on JSE:DTC on D/W time frames, the resistance level could be an issue but it's an old level.
NZDJPY may push upward 50EMA break 100EMA Bounce 1D Trend Follow50EMA break
Trendline upward
100EMA bounced
50EMA > 100EMA > 200EMA
MACD: Near Zero
Entry: High of Candle that Break 50EMA
Stop Loss: Slighty below 50EMA (Red EMA)
Initial Target Price: Upper Blue Line
Trailing Stop Loss: Previous Day Low
Risk: 1-2 %
ANZ.ASX - FUNCHARTS - Countertrend Trading with a Trend FilterNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome.
ANZ, one of the big four banks listed on the Australian Stock Exchange is a pretty tricky stock to trade, conforming more to a six month cycle between dividend and earnings dates. However from a purely technical standpoint, on a medium term basis there are opportunities to trade in line with a longer term trend, and on a short term basis to enter the stock on very short term pull backs.
In this analysis we looked at the Supertrend Strategy using a 50 period length with a 6xATR Factor to capture longer term trends and then looked at buying short term dips and selling short term rallies.
In the longer term timeframe this worked quite well with ANZ making good money based on the Performance Summary but entries and exits are few and far between with this approach. Bringing the time frame back to a swing trading standpoint, the best results came from using the Supertrend STRATEGY in a countertrend way, buying dips and selling rallies using just a 3 period ATR Length with a 1 period factor, giving plenty of trades. Filtering the short term system with the longer term trend also resulted in more frequent winning trades so trading countertrend in the very short term with a longer term trend filter worked nicely.
The catch is when you get a longer term trend change without a resulting rally to exit on the countertrend system, which can at times result in very large losses, like during Covid. It is for this reason a stop loss should be set, even when trading countertrend to prevent large losses on a stock that does often trend. Using the blue trailing stop line is a common sense area to position a stop loss as insurance against a big fall.
Where is the Bottom??? BTC GOING DOWN!!!Hello Everyone,
something is clearly visible for this month. i want you all to recall upward wedge, the price is hypothesized to breakthrough the support.
So here is my analysis. We are going to retest 20000 support. and i am 100% sure we are going to see bounce back from 20k support line to test 22500 again. If we break this support next time, we have seen the bottom. But, if BTC fall back to retest 20K, we don't know where is the bottom. May be between 12500 to 16500.
So, this is a short term SHORT call. Your target should be 20100.
Happy and Safe trading. Please manage your risk management accordingly.
Kindly Like, and let me know in the comment section about this analysis.