We have these indicators for SELL opportunity: - Reflection from the top of the parallel channel - Strong resistance from two peaks (2016 and 2020) - Low volume to continue the current direction - Return/re-test to 1M high We define 3 goals: TP 1 = 40 pips TP 2 = 100 pips TP 3 = 200 pips
//@version=5 indicator("EMA 200 + MACD Strategy", overlay=true) // EMA 200 ema200 = ta.ema(close, 200) plot(ema200, color=color.blue, linewidth=2, title="EMA 200") // MACD settings = ta.macd(close, 12, 26, 9) macdHist = macdLine - signalLine // Buy and Sell signals buySignal = ta.crossover(macdLine, signalLine) and macdLine > 0 sellSignal = ta.crossunder(macdLine, signalLine) and macdLine < 0 // Plot Buy and Sell signals plotshape(buySignal, color=color.green, style=shape.labelup, title="Buy Signal", location=location.belowbar, text="BUY") plotshape(sellSignal, color=color.red, style=shape.labeldown, title="Sell Signal", location=location.abovebar, text="SELL") // Plot MACD Histogram with green for positive and red for negative barcolor(macdHist >= 0 ? color.green : color.red, offset=-1) // Stop Loss Logic (20%) var float entryPrice = na var float stopLossPrice = na // Reset stop loss when a new buy signal occurs if buySignal entryPrice := close stopLossPrice := entryPrice * 0.8 // 20% stop loss // Sell when stop loss is hit or sell signal occurs stopLossHit = not na(stopLossPrice) and close
hello traders. what do you think aout gold market. current price. 2611 after being hit by news event market is trying to stabilize itself and at this position a strong retracement is expected. key points. supporting areas. 2604, 2595 demand zone. 2620, 2635 don't forget to like, comment and follow.
This is a continuation of the 'same' idea posted previously. You will notice the 'older' lines. $ assets are getting more 'expensive' with DXY and yield high, which is why stock and even the mighty BTC are falling. Very soon, either $ or yield has to give way and I think most likely it is the $. But there is still a little juice left to this SELL trade. But in the near term, it would be best to look for BUY instead. Good luck and keep an eye on the 10s as usual.
Diagonal ETH ? Courage, the reversal is not far off, even though cancer hasn't blown its whistle yet. Pro ETH: ? The spill is exciting, new year discounts on all storefronts, although people are still afraid to buy - and this is the best sign for growth when everyone is scared, ether approached the first serious support in the form of 3570, where we can see an increase in volumes and obvious purchases for large amounts, from the current ones we should expect a return to the slope and a hike to 4070 and 4200 where the main pool of liquidity is accumulated at the moment, the asset has cooled down, confidently holding the 200 MA. ❌ Negative may be a move below 3580, in this case it will open the way to a deeper pullback to 3200-3050, but Santa is a stingy man and will not give so generously. On RSI: ? Hourly is oversold, daily is neutral, why not. Subscribe, put likes!
Fractal Cyclicality Cycle I The chart displays fractal cyclicality leading up to a major breakout. It emphasizes the progression of swing percentages and cyclic patterns, potentially identifying the foundational structure for a larger trend. The use of layered channels adds depth to the analysis, showing both minor and major fractal levels. https://www.tradingview.com/x/EXtoKE5L/ Cycle II Amplitude and Slope: The upward and downward swings in this cycle demonstrate increased volatility and amplitude compared to the initial cycle. This suggests a stronger market reaction and more pronounced trends within the fractal structure. Channel Alignment: The price action aligns closely with the channel boundaries, indicating the preservation of the fractal framework while showcasing expansion within the structure. Swing Percentages: The swings are visually more aggressive, with higher peaks and deeper corrections, highlighting the market's larger movements leading up to the breakout. Complexity: The cyclical patterns and overlapping fractal waves are more intricate, suggesting a maturing market phase with more participants and liquidity. https://www.tradingview.com/x/BUxfzHO0/ Cycle III All three cycles exhibit a fractal nature with nested waves, maintaining consistency in cyclic progression through identifiable peaks and troughs. The price movement continues to respect the broader channel boundaries, reinforcing the fractal geometry's framework. Similar to the first two cycles, the third cycle shows distinct swings with well-defined percentage movements, suggesting a rhythmic market behavior. Like the earlier cycles, the third cycle builds on the previous fractal structure, with larger amplitudes and deeper corrections, indicating scaling behavior. Phi remain prominent and rooted across all cycles, suggesting persistent harmonic proportions. Evolutionary Growth in the Third Cycle The swings in the third cycle appear to be significantly larger than those in the first two, reflecting an increase in market volatility and participation. The third cycle seems to be emerging over a more extended period, indicating maturation in the fractal evolution. The deeper corrections, such as the -75.44% retracement, highlight stronger mean reversion tendencies before significant expansions. https://www.tradingview.com/x/8MbOIViq/
Script: NSE:ABSMARINE Key highlights: ?⚡ ? Script is trading at near its Higher level keep an eye on stock, we may see some good rally. ? One can go for Swing and long Trade. ⏱️ C.M.P ??- 215 ? Target ?? - 265 - 300 - 345 - 390 - ATH SL CB 180 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for educational purposes. Eat? Sleep? TradingView? Repeat ? Happy learning with trading. Cheers!?
TIAUSDT LONG X5-X10 ENTRY: 5.716 SL: 5.672 TP: 6.226 According to current trend I assume BTC will rise locally until 104000, TIA is directly correlated to BTC therefore after the latest drop of the price it should bounce back to 6.226. Subscribe to my channels where I share my ideas on X and Telegram
The Pound-Dollar pair is strengthening after dropping more than 1% following the hawkish decision by the Federal Reserve (Fed) on Wednesday and is trading near 1.25900 in Asian hours on Thursday. The Pound Sterling (GBP) is receiving upward support as the Bank of England (BoE) is expected to leave interest rates unchanged later in the day, while maintaining focus on addressing elevated domestic inflation. On Wednesday, data emerged that the U.K. Consumer Price Index (CPI) rose 2.6% year-over-year in November after rising 2.3% in October. The core CPI, which excludes volatile food and energy, rose 3.5% year-on-year in November, up from a previous increase of 3.3%. Meanwhile, annualized services inflation remained at 5%, below the forecast of 5.1% but above the Bank of England's estimate of 4.9%. GBP/USD declined on the back of a stronger US Dollar as the Federal Reserve (Fed) decided to cut rates by 25 basis points (bps) at its December meeting on Wednesday, bringing the benchmark lending rate to a range of 4.25%-4.50%, a two-year low. On Thursday, traders will be watching for weekly data on initial jobless claims, existing home sales and the final annualized third quarter (Q3) gross domestic product. Trading recommendation: Watch the level of 1.26000, if the level is fixed above consider Buy positions, if the level rebounds consider Sell positions.
M30 CLS within Daily CLS, HTF Gap, Model 1 you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. https://www.tradingview.com/x/aVeVgSeN/ CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. https://www.tradingview.com/x/C4QY64nH/ Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔