Get started

Trend Lines

COF - Proceed... but with caution. From the general outlook, we see a beautiful bullish flag forming on the HTF and price respecting our tapered controlled selling white algorithm. However, what I did not mention in the video is that we have a very large HTF demand zone at the $165 level - price is definitely going to be attracted to it like a magnet - so unless we see real support up here at these levels and strong buying pouring it, I have an expectation that we attempt a deeper liquidity build to those levels. Happy Trading :)
NYSE:COF
by ReigningTrades
ETH/USD - Clearly Bullish... But when should we enter?Crypto is clearly in a bullish HTF trend - but what does that mean for the immediate future and near term? How can we safely start entering a position without getting stuck at the top of a very long liquidity build downward? Well, we have our algorithms which hold true on any chart - and utilizing these algorithms to identify what confirmations we had prior to the last breakout, we can look for similar PA to play out here. Ultimately, we need to see the progression of controlled (tapered) selling into HTF demand zones in addition to breakouts of LTF stronger selling algorithms (as I identify as orange here and in the previous breakout). Will keep you all posted with analysis of the crypto charts as price action develops! Happy Trading!
COINBASE:ETHUSDLong
by ReigningTrades
LULU - Exciting chart and predictable liquidity buildThe story of this chart is definitely bullish and while I am continuing to average into a position of shares here, I do want to identify a confirmation point where we can potentially play some longer-term options and catch the subsequent breakout of the $420 cup/neckline that we've created. Let's see some confirmations of HTF controlled selling along with LTF controlled buying (in order to get one more pullback to demand at $470/bottom of strong buying continuation. Happy Trading :)
NASDAQ:LULULong
by ReigningTrades
Understanding Moving Averages (MA): A Beginner’s GuideMoving Averages (MA) are among the most fundamental and widely used tools in technical analysis. They smooth out price data to create a trend-following indicator, helping traders identify the direction of an asset’s trend over a specific period. What is a Moving Average? A Moving Average calculates the average price of an asset over a set number of periods. By doing so, it reduces the impact of random price fluctuations, providing a clearer picture of the trend. There are two main types of moving averages: Simple Moving Average (SMA): The SMA is the arithmetic mean of prices over a specified number of periods. Formula: Exponential Moving Average (EMA): The EMA gives more weight to recent prices, making it more responsive to price changes. Formula: Smoothing factor: How to Use Moving Averages Trend Identification: Rising MA: Indicates an uptrend. Falling MA: Indicates a downtrend. Flat MA: Suggests a sideways or range-bound market. Crossover Signals: Golden Cross: When a short-term MA (e.g., 50-day) crosses above a long-term MA (e.g., 200-day), signaling a potential uptrend. Death Cross: When a short-term MA crosses below a long-term MA, signaling a potential downtrend. Dynamic Support and Resistance: Moving averages often act as support in uptrends and resistance in downtrends. Prices tend to bounce off the MA during retracements. Combination with Other Indicators: Moving averages can be paired with RSI, MACD, or Bollinger Bands for better signal confirmation. Strengths of Moving Averages Simplicity: Easy to calculate and understand. Trend Focused: Effective in identifying and confirming trends. Versatility: Applicable to various timeframes and markets. Limitations of Moving Averages Lagging Nature: Moving averages are based on past prices, which can delay signals. Less Effective in Sideways Markets: May produce false signals in range-bound conditions. Best Practices for Using Moving Averages Choose the Right Period: Shorter periods (e.g., 10, 20) make the MA more sensitive to price changes, suitable for short-term trading. Longer periods (e.g., 50, 200) provide a smoother line, ideal for long-term trend analysis. Combine with Multiple MAs: Use a combination of short-term, medium-term, and long-term MAs to understand different trends. Context Matters: Understand market conditions. Moving averages work best in trending markets and are less reliable in choppy conditions. Example of Moving Averages in Action Imagine a stock is in a clear uptrend, with the price consistently trading above its 50-day SMA. When the price retraces and touches the 50-day SMA but bounces upward, this can act as a signal to enter a long position. If the price breaks below both the 50-day and 200-day SMAs, it may indicate a trend reversal. Conclusion Moving Averages are a foundational tool in technical analysis that helps traders identify trends, dynamic support and resistance levels, and potential entry or exit points. While they are simple to use, their effectiveness improves when combined with other indicators and a solid understanding of market dynamics. As always, backtest your strategies and adapt your moving average settings to your specific trading style and market conditions.
Education
by Cryptonic_Trading
CAR - Setting up for a large move. But in which direction??CAR is building both bullish and bearish liquidity on lower and higher time frames and setting important S&D zones at current levels. We know where our immediate HTF supply rests (at the $120 level) and we know where our immediate HTF demand is (where we are now at the $70-$77 level). Two things we can see start to happen over the next few days/weeks that will give us further insight into the impending move: 1. Current demand zone builds enough bullish liquidity, we begin to see stronger and rising bullish volume off of these levels, and start to build LTF bullish liquidity with controlled selling. This will indicate that a move to HTF supply at $120 is probable and from there we will have a bullish bias off of a rejection and need to start seeing some LTF zones flipped to demand. 2. Current demand zone does not prove to hold enough bullish interest and we continue to build bearish liquidity within our controlled buying algorithms (green and yellow) to then break us down below HTF demand. This will be a quicker move than the bullish scenario so we must keep our eyes peeled for controlled buying (minimal volume, tapered green buying). Happy Holidays and as always, Happy Trading!
NASDAQ:CAR
by ReigningTrades
GOLD → A chance for growth or a trap?FX:XAUUSD continues to give hope to the bulls, trading inside a local rising channel resembling a flag on the background of a local bearish trend. Further upside for the gold price may remain limited as the US dollar remains underpinned by the Fed's hawkishness. This begs the question: what will happen to rates? Hold or rise? It is worth understanding that the rise in inflation expectations against the backdrop of Trump's protectionist policy requires an increase in interest rates. In addition, statistically, the dollar enjoys interest towards the end of the year, and because of the Christmas holidays Technically, I am still skeptical about a possible strong growth, as the fundamental background is weak. Technically, the price may bounce from any nearby strong level. Resistance levels: 2633, 2650 Support levels: sma, 2606 We may not expect strong moves at the end of the year, the market is already celebrating the end of 2024. But the probability is there. Emphasis on the nearest strong levels from which the fall may resume Regards R. Linda! Happy Holidays to all and a productive new year 2025!
FX:XAUUSDShort
by RLinda
10
USDJPY → Consolidation in the buying zone FX:USDJPY continues its bullish rally on the background of growing dollar. The fundamental background is on the side of the dollar, which is generally a negative factor for the yen. Technically, the price is still inside the uptrend. Moreover, the currency pair is breaking the flat resistance and after the correction and false breakout, it is consolidating above 156.75. If the bulls hold the defense above this level, the currency pair will head towards 160-162 in the medium term. The technical and fundamental background is on the side of the buyer. Resistance levels: 157.76, 160 Support levels: 155.88, 154.5 Price consolidation above 156.76 and further breakdown of the local maximum will provoke active purchases, which may lead the price to the targets indicated on the chart. Regards R. Linda! Happy Holidays and a productive 2025!
Long
by RLinda
1
Analyzing Blue Dart Express Limited: Long Candle Midpoint and Pa In the financial world, technical analysis is a key tool for investors and traders to predict future price movements based on historical data. Today, we delve into the chart of Blue Dart Express Limited (BLUEDART) on the National Stock Exchange (NSE) of India, focusing on the long candle midpoint and the parallel channel. The Long Candle Midpoint The chart shows a significant long candle in mid-October, where the stock experienced a substantial price movement. The midpoint of this candle, where the open and close prices meet, often acts as a pivotal level for future price action. This midpoint can serve as a support or resistance level, depending on the direction of the subsequent price movement. For BLUEDART, this level appears to be around 8,500 INR, which has been tested multiple times post the formation of the candle. Parallel Channel Following the long candle, the stock price of BLUEDART entered into what appears to be a descending parallel channel. This pattern is characterized by two parallel trend lines that contain the price action, with the upper line acting as resistance and the lower as support. In this chart: Upper Channel Line: This line has been touched multiple times, indicating resistance. Each time the price hits this line, it tends to pull back, suggesting that sellers are more aggressive at this price level. Lower Channel Line: Conversely, this acts as a support level. When the price approaches this line, it tends to bounce back up, indicating buying interest at these lower levels. Trading Strategy Implications Breakout/Breakdown: A breakout above the upper channel line could signal a bullish reversal, suggesting that the stock might be starting an upward trend. Conversely, a breakdown below the lower channel line could indicate further bearish momentum, potentially leading to lower price targets. Reversion to Mean: Within the channel, trading strategies could focus on mean reversion. Buying near the lower channel line and selling near the upper could be a strategy, assuming the stock will continue to oscillate within these boundaries until a breakout occurs. Volume and ATR: The Average True Range (ATR) at the bottom of the chart shows volatility. An increase in ATR near the channel boundaries can indicate potential breakouts or breakdowns. Volume spikes can also confirm these moves. Conclusion The chart for Blue Dart Express Limited provides a fascinating study in technical patterns. The long candle midpoint serves as a critical psychological level for the stock, while the descending parallel channel offers a framework for understanding potential price movements. Traders and investors should watch for price action at these key levels, coupled with volume and volatility indicators, to make informed decisions. Whether for short-term trading or long-term investment, understanding these technical aspects can significantly enhance decision-making prowess in the stock market.
NSE:BLUEDARTLong
by stocktechbot
AUDUSD InsightHello, subscribers! It’s great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points: - The U.S. 10-year Treasury yield rose to 4.6290%, exceeding the 4.60% level for the first time since May 30. - Japan's Finance Minister Shunichi Katsunobu stated, "The yen is currently showing unilateral and rapid movements, and we are deeply concerned about the recent exchange rate trends." - Reports indicate that the Chinese government will issue a record-high 3 trillion yuan in special bonds next year, expected to be used for subsidy programs to boost consumption, upgrade corporate equipment, and support investment in high-tech industries. Major Economic Events: + December 26: Boxing Day AUD/USD Chart Analysis: After breaking below the 0.64000 level, AUD/USD formed a bottom near the 0.62000 level and is now showing signs of a rebound. This upward movement is expected to reach the 0.64000 level in the short term. However, the overall trend is anticipated to shift downward again, potentially breaking below the 0.62000 level and extending losses to the 0.60000 level. Conversely, if the pair breaks back above the 0.64000 level, it could rise further to the 0.66000 level. If unexpected movements occur, I will promptly adjust the strategy.
Long
by shawntime_academy
Bullish on ZCash!!This is one of my current trades. KRAKEN:ZECUSD has been holding up really well and bouncing strong off of current BTC down movements. Have two take profit zones, one at previous high around $67.11, and at a long term horizontal line at around $74.95. Around this area I expect some resistance and consolidation. If it can break past this level, next target is around the $115 area. I Need to work a little on entry as I was at a loss for a little during the drop this week, but have a decent entry with a lot of upside potential.
KRAKEN:ZECUSDLong
by Mr_Maravish
#banknify - 25th DECEMBER !!NSE:BANKNIFTY This chart appears to depict the Nifty Bank Index (Bank Nifty) on a 15-minute time frame with key levels of support and resistance marked. Here's the analysis: 1. Range-bound movement: The index has been consolidating within a rectangular range (highlighted in red) between approximately 51,200 and 51,477, indicating indecision in the market. 2. Support levels: Strong support is identified near 51,094 and further below at 50,870. 3. Resistance levels: Immediate resistance is seen at 51,477, followed by 51,806 and a significant level near 52,159. Price Movement Summary: • The price tested lower support levels around 50,870 and rebounded strongly, indicating buyer interest near this zone. • The current price action suggests consolidation with the possibility of a breakout on either side. Trading Plan: 1. Bullish Scenario: A breakout above 51,477 could lead to a rally towards 51,806 or even higher towards 52,159. Entry: Buy above 51,500 with a stop loss below 51,200. • Targets: 51,806 and 52,159. 2. Bearish Scenario: A breakdown below 51,094 could trigger a decline towards 50,870 or further to · 50,556. Entry: Sell below 51,080 with a stop loss above 51,300. Targets: 50,870 and 50,556. Summary: The chart indicates a consolidation phase, and the next move depends on whether the index breaks above the resistance at 51,477 or below the support at 51,094. Traders should wait for confirmation before initiating any positions. Only for educational purposes. This content is not a recommendation to buy and sell. Not SEBI REGISTRAR.
NSE:BANKNIFTYLong
by thetradeforecast
1