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Bellrock Brands on verge of potential breakout. There has been a noticeable shift in cannabis stock sentiment over the past 2-3 weeks and some of the top market cap charts that had been forming bottoming/basing patterns recently are now showing breakouts, or are on the verge of attempting a breakout. BellRock Brands is one of the lower market cap cannabis stocks that looks to be on the verge of a breakout based on two chart patterns as well as bullish technical indicators. A move above .18c with conviction, and on volume, would be bullish in the short-term and likely lead to a move near .30c before any significant selling materializes. No entry for me just yet, waiting to see the breakout above .18c in the chart first which is recommended for trend/momentum trading. Entries can be made here in the expectation of a breakout, but tight stop-loss orders are recommended in the event of a reversal. I'll likely share an update on Friday after markets close for the week, or if a significant change in price occurs.
OTC:DXBRFLong
by PrepForProfit
EURUSD - Signal by Keltner - Stoch - ADX 14 Jan 2021Risk/reward: 1/1.3 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 70/15 | Adx: 31/9/9 | Notrade friday Max risk: 1.5% - Risk / reward: 1 / 1.3. 1. Trend identification: ... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry. ... Stochastic: ...... k> 70: Uptrend. k <15: Down trend. ... ADX: 31 provides strong trend following signal. 2. Entry point: ... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet. 3. Not trade friday. 4. Entry point 2: Entry 1 is available. Risk/reward: 1/2. **** Percentage of Entry 2 < 50%.
Short
by dinhchien
EURUSD - Signal by Keltner - Stoch - ADX 12Jan 2021Risk/reward: 1/1.3 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 70/15 | Adx: 31/9/9 | Notrade friday Max risk: 3% - Risk / reward: 1 / 1.3. 1. Trend identification: ... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry. ... Stochastic: ...... k> 70: Uptrend. k <15: Down trend. ... ADX: 31 provides strong trend following signal. 2. Entry point: ... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet. 3. Not trade friday.
Short
by dinhchien
Gold Bull Flag Breakout AttemptGold price #xauusd is attempting to break above the upper line of the downtrend channel which would be a bull flag breakout, and the expected result of the bull flag pattern. The next resistance level stems from the local high made in early November at $1,966/oz. The stop-loss level stems from the local low made in early December at $1,763/oz. A break above the red line is bullish, a break below the yellow line is bearish. The Price Percent Oscillator(PPO) shows the green PPO line rolling back up above the 0 level which is bullish as a move belwo the 0 level would indicate a shift to bearish price momentum in the intermediate-term. What we want to see going forward is for the green PPO line to cross back above the purple signal line as this would indicate a shift back to bullish price momentum in the short-term. The PPO indicator is currently reading bullish overall. The Average Directional Index(ADX) shows the green +DI line above the purple -DI line which indicates a postive trend behind price in the short-term. The histogram in teh back round is green and declining which means that the dominant trend(bullish) is weakening. What we want to see going forward is for the green +DI line to remain above the purple -DI line and for the histogram bars in the background to begin rising to indicate a strengthening bull trend. Overall, the ADX is reading bullish. The Traders Dynamic Index(TDI) shows the multi-color RSI line currently green and trending back above the centerline of the Bollinger Bands which indicates that momentum is shifting bullish in the short-term. The TDI background is currently green and filling the 40-80 levels which indicates that price has bullish momentum in the intermediate-term. When the bulk of the RSI action is between the 40-80 levels the overall momentum behind price is considered to be bullish. Overall, gold price is looking good for a re-test of the $2,000/oz level and will more than likely push through it this next time. The most important thing that we learned in 2020 is that there is no limit to the trillions of dollars that will be printed and spent to prop up the stock market. Gold and silver should perform well for the foresseable future because printed money and low interest rates are the only thing keeping the stock market going. Those happen to be two perfect reasons to own precious metals, both physical and stocks.
FX_IDC:XAUUSDLong
by PrepForProfit
Damac - Dubai Financial Properties - Stock - Crazy Bullish 📍 11+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account ⏳ 1 weak - Chart analysis THE PATTERN IS STILL IN PROCESS Healthy Correction to buy to dips Events taking place - ± 50SMA crossing the 200 sea suggest the bullish trend ±Created an another support zone between 1.10 to 1.20 can be a good buy area ± another good zone can be between .900 ± Long term target can be set at 2.86 to 3.00 ± for current month quick profit 1.50 to 1.55 can be achieved in the first few weak of jan it self ± Market will react and might retrace on each resistance zone ± HAPPY TRADING
DLong
by FOLLOW_PIPS
2
EURUSD - Signal by Keltner - Stoch - ADX 31/12/2020Risk/reward: 1/1.3 | Entry by: Upper/Lower | Keltner crossing: 2 | Candle not entry: 80% | Stochastic: 70/15 | Adx: 31/9/9 | Notrade friday Max risk: 3% - Risk / reward: 1 / 1.3. 1. Trend identification: ... Keltner: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry. ... Stochastic: ...... k> 70: Uptrend. k <15: Down trend. ... ADX: 31 provides strong trend following signal. 2. Entry point: ... Price corrects to Upper / Lower when 3 conditions Keltner , Stochastic & ADX indicator meet. 3. Not trade friday.
Long
by dinhchien
1
Bandhan Bank - Can it break the stiff resistance on 5th attempt?At 402 , there is a strong resistance from a long trend line. Safe playing investors should enter only above 402 on "closing basis" for the targets in green in due course. However, the ADX > 25 indicates a very strong trend at the moment backed by a Golden Cross recently. So risky investors can take a chance entering at CMP- 373 for a target of 402 which is about 8% but a strict stop loss is mandatory. This 8% target might be achieved in the next few intraday sessions as well. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.
NSE:BANDHANBNKLong
by CannySunny
XRP Moon Cycle/Lambo SeasonThe Chart - Green and Red Line on the chart represent the two different moving averages. (Top) From this we are able to see when a "Golden Cross" which represents a Bullish or Bearish sentiment that historically is followed by very high volatility. I circled the areas where the cross is occurring. - Then the RSI. Currently XRP remains in high risk situation. Not necessary a bad thing. It implies there is current high volatility taken place. It sits above the 70 spot range. I like to compare the RSI to the energy source of the coin. - On the bottom. Much more complicated. The ADX & DI. Simplest way to describe it. It showcases the strength of the next move. Today, you can see a wide open mouth gap be taken place. Compare historically.... very bullish sign for XRP. I also published a simpler chart on XRP that explains WHY XRP. Fundamentally speaking, this coin has the best real world use case that crypto has to offer. “People always want investments to go up like a line.…That’s just not reality. You make 80% of your money in 20% of the time in investing and you have to be patient.” - - - Jeffery Gundlach Quote that I like for XRP^
POLONIEX:XRPUSDLong
by AthenticWhale1
1
AdEx (ADX) Above MA200 and EMA50... What Does It Mean?When you see a trading pair, altcoins, above EMA50 and MA200, this means that the bulls are in control. As long as prices stay above these two lines, we can expect a massive jump. But, please remember that charts are always changing and can always change... If prices move and close below MA200, the bullish bias can be lost. The market is dynamic, we adapt and act based on what is happening... We do not care about predictions, we simply trade based on what is going on. Namaste.
by AlanSantana
1
✳️AdEx/BTC (15/11) View + Trading Plan #ADX $ADXADX is continuously rejected in the 1900-2000sts region since August and currently the trend of ADX is to fall to the zones of 1200sts, 1000sts and deepest in the 500-600sts Only when ADX closes 1D candle above 2000sts, ADX will have a stable and strong rally. 📈BUY- LONG - Buy: 1200-1300sts. Stoploss if B - Buy: 900-1000sts. Stoploss if B - Buy: 500-600sts. Stoploss if B 📉SELL-SHORT - Sell close to 1900-2000sts. Stoploss if A ♻️BACK-UP - Buy close to 1900-2000sts if A. Stoploss if B - Buy: 2700-2800sts. Stoploss if A - Buy: 3400-3500sts. Stoploss if A ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Short
by CryptoStation
Swing trade (Buy/Sell) with important entry confirmation.I expect this pair to open below the previous close. If this occurs a late sell signal will emerge on my MACD set up. ADX looks like its setting up for a divergence as -D is crossing up on +D at a near 180 degree angle. If this plays out I will enter an initial buy and close out at my 12 am time frame to prepare for the short. The idea of my timeframe strategy is to yield maximum pips within two trades. 5pm-12am and 1 am to around 8am depending on how pullbacks play out.
by Pika7993
1
Swing tradeWe can see a late sell signal to occur with +D above - D. Positive histogram completed a uniform figure and did not start a significant negative uniform. Both 20 and 50 EMA are heading upward while 200 EMA is preparing for a cross. Expect a bull movement at market open until 12 am US time. We will either see a significant pullback until 3-4 am before the move up or a trend continuation. Given JPY’s strength I expect the pullback to happen. 3am is a strong pullback/consolidation time. Check out my previous timeframe trades for a better understanding. Last weeks USDJPY market open opened with a late buy signal indicating a sell. At 12am the trend remained strong indicating the trend continuation until at least 3am. AGAIN MY TRADE TIMES ARE BASED OFF US EASTERN
Long
by Pika7993
1
Thur-Fri timeframe swing trade 3 out of 5 timeframe swing trade Thur-fri. Another successful timeframe swing trade with a small pullback. At the 5pm mark downward checked out. This entry point checks out my MACD/Histogram early indicator strategy. The trend stayed true until my 12 am mark. All indicators (MACD, ADX, and Currency heat waves) had significant shifts. This gave me conformation to enter the buy. When the 5pm to 12 am swing is confirmed the new trend will play out until at least 8am. 3am shows a pullback. MACD Histogram indicates the pullback will correct to the uptrend hitting the target 8am mark. Personally I closed out at the peak of the 8am bullish candle. 390 Pip timeframe swing trade. It is important to follow the pullback rules by determining the swing trade will reach the timeframe marks with the established trend. You will fail miserably with this strategy if you get excited about the pullbacks and close out your trade. I learned from this mistake.
by Pika7993
Thur-Fri time frame strong trend continuationPost 2 out of 5 time frame strategy thur-friday success. My previous post I showed an example of a time frame swing trade. This post is an example of my time frame trend continuation strategy. At 5 pm it was safe to enter a sell. MACD histogram correlating with -D above 25 line was a strong indication of consolidation ending for a drop. The trend played out as we see the drop. At the 12am mark all indications (MACD, ADX, currency heat waves) checked out the trend continuation so I stayed in the trade. Trend continued allowing me to formulate the trend to ride at least until 8 am. If this was a swing I would close out at 8am however all indicators continued to confirm the downward trend. At this point you can use your knowledge to close out once consolidation sets in. I closed out after 2pm and racked in 385 pips.
by Pika7993
2
Time strategy Thur-Fri huge Swing successThis is 1 out of 5 trades I entered Thursday evening into near market close. I will post all results starting with this. Back track all and you will see the near 5,000 pips I cashed out. As presented I entered this trade at 5pm with confirmation of a trend change using my currency heat wave app, MACD, and ADX. If you study time frames you know that if a trend is established in between 5pm- and 7pm the trend will stay true until around 12am. As seen here a downtrend was established until 12am. At 1 am the currency heat waves (including volume, sentiment, volatility, and strength) shifted significantly. MACD and ADX confirmed a trend shift signaling a swing to buy. From 1 am on a strong trend will ride until 8am before consolidating and continuing the trend or shifting. Greed is not necessary at this point so I as a rule will close out right at 9am. NOTE: Pull backs may occur in between 1 am and 8am however if the swing trend is established the pullback will be false and revers after a couple hours to continue until 8am. Please ask questions as I encourage everyone to try this out. Add excitement to your trading.
by Pika7993
1
GBPJPY 4H ADX STRATEGYThe Best ADX Strategy The ADX indicator trading rules will ensure that you only trade when there is a strong trend on the 5-minute chart up to the daily chart. In this regard, the best ADX strategy is a universal strategy that performs the same, regardless of the time frame used. Moving forward, we’re going to look for selling opportunities. Step #1: Wait for the ADX indicator to show a reading above 25. Before we even look to see if the market goes up or down, we must first wait for the ADX indicator to show a reading above 25. Based on the ADX indicator trading rules, a reading above 25 is signaling a strong trend and the likelihood of a trend developing. We all know that the trend is our friend, but without real strength behind the trend, the newly trend formed can quickly fade away. In order to gauge the direction of the trend, we also need to look at the actual price action. This brings us to the next step of the best ADX strategy. Step #2: Use the last 50 candlesticks to determine the trend. For sell signals, look for price to develop a bearish trend. No matter of your time frame, we need a practical way to determine the direction of the trend. By using a sample size of 50 candlesticks to determine the trend we ensure that we trade in the moment of now. We like to keep things simple, so if the price is heading lower during the last 50 candlesticks we’re in a bearish trend. Step #3: Sell when the RSI indicator breaks and show a reading below 30. For our entry signal, we’ll be using the RSI indicator that uses the same settings as the ADX indicator settings. Normally the RSI reading below 30 shows an oversold market and a reversal zone. However, smart trading means looking beyond what the textbook is saying. In a strong trend as it’s defined by the ADX indicator that’s precisely what we want to see. We want more sellers coming into the market. So, we want to sell when the RSI indicator breaks and shows a reading below 30. Step #4: Protective Stop Loss should be placed at the last ADX high. In order to determine the stop-loss location for the best ADX strategy, first identify the point where the ADX made the last high prior to our entry. Secondly, find the corresponding high on the price chart from the ADX high and there you have it your SL level. Step #5: Take Profit when the ADX indicator breaks back below 25. The best ADX strategy seeks to only capture those profits resulted from the presence of a strong trend. Once the prospects of a strong trend fade away we look to take profits and wait for another trading opportunity. To accomplish this we take profits as soon as the ADX indicator breaks back below 25. An ADX reading back below 25 suggests the prevailing trend is running out of strength. Note** The above was an example of a SELL trade using the ADX indicator trading rules. Use the same rules but in reverse, for a BUY trade. Conclusion - ADX Indicator The best ADX strategy gives us very useful information because a lot of the time, we as traders don’t want to get into something that’s moving nowhere and not trending in a strong fashion. By applying the ADX indicator trading rules one can take advantage of the strength of the trend and cash in quick profits. The bottom line is that the best profits come from catching strong trends and the best ADX strategy can help you accomplish your trading goals.
by Tradingstrategyguides