Important Levels of Bank Nifty The levels you can see in Red Horizontal Solid lines are Virgin POCs and dashed lines are those POCs which are tested multiple times. These levels are plotted according to the daily volume profile POC on NSE:BANKNIFTY1!
Try to observe how the price reacts as these levels in lower time frame.
Hello Trader. If you like the idea, do not forget to support with a like and follow.
Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing .
POC
Awaiting Symmetrical Triangle BreakoutAs you can see, the price action has formed lower highs and higher lows in NSE:MOTILALOFS . The volatility has also dropped massively. The RSI (9) in Hilega_Milega is having higher lows and equal highs, showing the strength is ramping up. The target out of this breakout is 1075, however, it may break down.
ENTRY position @ Breakout with strong momentum crossing up above VOLUME PROFILE POINT OF CONTROL
Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing . If you like the idea, do not forget to support with a like and follow.
BTC Long-term buying tipJust reminding you that we are in the middle of an extremely important Range. Perhaps the strongest support of the last 2 years. Who wants a safe buy is right above the green arrows with stop below the fibo retracement lines at 0.382 and 0.5... This is what I will do for a long-term buy, in the most this region there is buy day trading and swing
AVAX will go back to 97.2 $as we can see the chart is under the POC and from the Stochastic RSI it's trying to go up because it reached the higher low, but there is something we should consider from the volume profile, clearly there is a D shape. personally I don't recommend to trade in the area of a D shape or B shape, because it's an accumulation area and the price usually going random up and down, so if you wanna take a risk don't don't forget to respect the risk management and trade with a low amount hopefully the price will go to 97.2$
Steel in strong high-quality trend: use as "higher TF"Strong trend. Can serve as the "higher TF" for smaller TF trades.
POI's:
Steel broke out from downtrend
POC is supporting the main uptrend.
If already long on the daily. TP at $46.50, the highest price reached by previous peeks
The anchored vwap is shown below - a close-up of the trend.
Have not chosen a trade/plan yet. Hope this is useful as the "raw material".
Zoom:
BTC/USD : Last bounce before the rejection !COINBASE:BTCUSD BINANCE:BTCUSDTPERP
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
Let's have a look into macro view before we start to take a look into LTF charts; As you can see there're two possible zones to pullback the recent dive below $40K's support.
Now there're two simple scenarios :
- Pullback from $38000 and retest $46500.
- Rejection below $38000 and dive into $36150.
The pullback is the major movement here and I won't active any other bearish setup until we get the rejection below $29000 !
As we talked about the bullish setups; I would like to inform that my main scenario is to locate SHORTs into $46500's NPOC and $50000's resistance.
- Also I have my invalidation above $53000 to locate LONGs after it...
📌 There can be more details into lower time-frame charts, Such as :
As you can see on above chart; There's a bullish order-block located on $37700 and the lower H2 can be another great entry for bulls.
If I want to set an invalidation, It would be as a rejection below H2's demand zone !
📑 Conclusion :
There's a possibility to have a bounce from $38000's support into $46500's NPOC (Naked Point Of Control).
So I'll be looking for possible pullback from $38000's order-block and $36000's H2 Demand.
- The invalidation will be a close below H2.
I would locating the possible SHORTs from $46500's NPOC and $50000's resistance to SHORT the pair into $29000's support.
- The invalidation of SHORTs will be a break-out above $53000's resistance.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
XRP Long term outlook using POC + VWAP Hello there 👋
Here is my long term outlook for XRP
Overall Bullish if we continue holding support on July's 2021 POC
XRP is currently holding support on the Yearly VWAP and POC ( Good Sign!! )
Next we wanna see Price break the Consolidation Zone and hold above the latest ATH POC.
We can see a retest of July's POC after breakout.. but as long as we break consolidation we can expect to see bullish moves in the near future.
Thanks for reading. 📜
SENSOUSDT Price Action Range| POC| Range Low| Trend Evening Traders,
Today’s analysis – SENSO – trading at a key order block where a bounce is probable,
Points to consider,
- Price Action Corrective
- Local OB Support
- POC Support
- Price Action Trading Range
SENSOUSDT’s immediate price action is trading at a key support where a bounce into resistance, the .618 Fibonacci is likely with the the lower regions of the range to be the main target.
The POC is a key level that needs to be respected was testing.
The current volume is below average, an influx is highly imminent on the next expansion.
Overall, in my opinion, SENSOUSDT is a valid long at the range lower with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Don’t blindly follow someone, follow market and try to hear what it is telling you.” ― Jaymin Shah’
SOLANA Expected Price Range for the week of 7 Feb to 14 Feb 2022Here is my analysis based on market profile point of control (POC; using VSFR), prices range and fair price from the week before.
Will it remain in range in expected price range, cross overbought and jump to the next range, cross oversold and fall below range?
Enjoy!
Bitcoin reversal pattern - Target 50kClear bullish hammer reversal on the 3d. We bounced off the 200MA and the POC for the range.
I expect an imminent breakout of the downtrend and test of the triangle. Target is 50k until March where we can expect further information on a potential rates increase and quantitative tightening. Ideally, we need the current candle (following the hammer) to close green.
Bitcoin touching NPOC in bullish move BTC just touched two NPOC levels in one powerful wick upwards.
High volume candle suggests a lot of bullish strength.
Next higher NPOC level around 43k.
Considering bullish strength, a move into 42k-43k territory touching upper NPOC level is not unreasonable. After which it may rejecting back down into the 30's to seek lower NPOC levels.
However, 40k remains a strong psychological barrier. If failing to break through and if rejection is confirmed, I will look at lower NPOC levels as next price targets.
S&P500 Bear MRKT?Last time this index was in the powerful green cloud in the ichimoku weekly was in August 2020.
Considerable support for partial accumulations:
- 3899 (Weekly ichimoku cloud support)
- 3415 (Weekly 200 MA support)
Note that it has already been tested twice in the last 4 years, the risk of missing this important watershed increases and would be in my opinion the beginning of Bear MRKT.
BTC Weekly Order Block filled?Hey guys I am looking to buy a big portion of BTC here, we are at a POC (point of control) for BTC, also there is a weekly order block which got filled last night (maybe only partially) so institutional investors might be looking to push the price a little lower. I am buying now, and at 32.5k and a limit order for 29.5k. We have dropped 50% from the top without any kind of recovery so we will likely have seen the worst of the capitulation. Even if the bull market has ended we will likely revisit 45-50k before taking a turn lower.
Not financial advice. Just my opinion, DOY.
BTC my targets for todayTf- H1 - Using Fibo Retracement and VPFR
enter sold
... 0.5 First entry
... 0.382 Second entry
Stop loss at 42900
sale target
... 0.786 First target. VPFR VA Support
... 1 Second target. last bottom resents
So that's it, it's all right to go wrong and from now on it's just backwards!
------------------------------------------------------------------------------------------------------------
Tf- H1 - Usando Retração de Fibo e VPFR
Entrar vendido
... 0,5 Primeira entrada
... 0,382 Segunda entrada
Stop loss em 42900
Alvo da venda
... 0,786 Primeiro alvo. Suporte VA do VPFR
... 1 Segundo alvo. Ultimo fundo ressente
Então é isso, está tudo certo pra dar errado e daqui pra frente é só pra traz !
GBP/USD Chart AnalysisLooking for a GBP sell off this week. Targeting the OB and POC for the overall volume control. The extension on the TP is targeting a large area of un-mitigated price from the previous bullish push to the new highs. This area has to be mitigated by the institutions at some point so they can close out of their sell orders at BE.
GBP/USD Sell AnalysisMy previous Sell position charted up for cable played out perfectly and price reacted from the OB where the TP was placed (1.35325) Now price is pushing back up to fill the un-mitigated areas from the push down. I've identified an order block and refined it on the 1M timeframe. This is where my intended entry is going to be. The target is the new OB created at the bottom of the current range we're in and I've placed the SL just above the previous high of this range. POC is currently above price and we're in a period of consolidation currently.
XAU/USD LongI'm seeing a very bullish move on gold coming. We've had a stop hunt / LQ grab for this push down with a fake-out break of structure to the downside. The entry is the gold low from December 22nd. and the target is the 70.5% retracement of the push down.
The current POC of gold and overall volume control is at the 1823 range so this would favor a push to the upside also to grab liquidity for the next move.