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Rangebound

Double top continued BTC has confirmed the double top pattern since I last posted about it 2 days ago. The ascending triangle structure and H1 200EMA failed to hold. After a nearly 7% drawdown price rebounded off the bullish order block shown before regaining the 200EMA and the weekly 0.75 range quarter. With BTC struggling to top that all important local higher I could see a rangebound environment taking us into next week with no real momentum for either the bulls, nor the bears. For now playing the range would be the highest probability until proven otherwise.
by ProR35
BTC/USDT RANGE PLAY HTF #BTCHere's my idea on the current price action of BTC and possible target if it were to break either way: Downside: - If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out. - Possible signs of a deviation - Bulls running out of steam Upside: - If BTC can reclaim the 0.75 region then the range high is a possibility - I would be careful placing longs in this area, Keep a tight stop loss and cut soon if it breaks below
BINANCE:BTCUSD
by orcusworth
BTC IS MOVING IN A RANGE! SHOULD BOUNCE FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is moving between a support and resistance range. Support for BTC is at around the $20k level and resistance is at the $21k level. After the FOMC meeting, BTC is still holding the $20k support level pretty well so far, and as long as it holds, we can expect a bounce from here. Break and close below $20k will be bad and we might go for lower support. For a good bullish rally, BTC must need to break and hold above the $21k level. Hope this chart helps you in making a good decision regarding your trades. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
6
NIFTY - Possible Trade for Today- 14-07-2022As discussed in our study yesterday, the index was not able to sustain above 16120 and the witnessed a move to lower levels and close below 16000 yesterday. Options OI build up in the weekly expiry suggest 15800 -15700 to be a support area. On the upside move towards 16100 could see fresh shorts getting added. For the day the market can remain range bound and trade between 16100 and 15800. We maintain a mild negative bias and hence any upmove towards 16100 levels can be used for building short positions. Shorts will need to be squared off if the market starts trading consistently above 16100. Important levels for the day are given below Bullish Above 16100 Possible Upside Targets - 16180/16230/16280/16310 Bearish Below 16080 Possible Downside Targets - 16000/15920/15880/15840/15800. Disclaimer: The analysis provided is for educational purpose and the author does not assume any responsibility for the trades initiated based on the analysis. Consult your financial advisor before making any trades
NSE:NIFTY
by binuppaul
How to find THE BEST SHORT entry in a Range bounding market !!!!Welcome to this tutorial This is my personal take from multiple resources and +20 hours of research and my own experience with trading in a range-bound market. Range-bound trading or in this case shorting in a range-bound market contains 5 simple phases: phase A Range High + Range low forms which lead us to have a Range market. phase B Price tends to deviate above the Range High or simply sweep (upthrust) above it. Reasoning and psychology behind that= in order to catch the liquidity above the range high and trap breakout traders who just opened a long above the high before nuking to the Range Low. phase C BOS happens in ltf , triggering a trend reversal. Supply forms below the resistance, that's where we would like to build our short position later on. phase D ltf Range forms after the first sell-off, creating our base to revisit the supply that previously formed above it. (Ideally, you can enter a scalp long trade in this phase and close right at the supply) phase E Price finally revisit the supply in order to test it as resistance. Any bearish price action at the supply or ltf BOS triggers our entry, targetting the Range Low as our take profit point. There you can have a nice +4 R/R short setup, remember to place your invalidation above the newly made local high just to be safe from stop hunters ;) Make sure to leave a like and a comment if you find this small article useful I will share 2 more topics about range bound market and how to trade it in near future so follow me on Tradingview so you don't miss them xoxo
Education
by CryptoSep
9
NIFTY Gets Jittery Near 18000- Could Test Bulls Near 17800As discussed in our study yesterday ( April 4) the index could not convincingly close above 18060 levels and consequently got dragged to test the strength of 17900 levels. The call writers who wanted to keep NIFTY below 18000 managed to do so for the day and the put writers had to give in some ground that they gained yesterday and last week. In the absence of any major news the Index seem to be comfortable trading in the range of 18160-17800. Since the weekly expiry is day after tomorrow's price action will be interesting to watch. On the options side one could see short covering near 18250-18300 strikes fresh put writing was seen in 17950/18000/18100/18200 strikes. On the call option side fresh call writing was seen from 18000 to 18300 strikes. One could also see long unwinding of calls from 17900 to 17300 strikes. Important levels are marked in the chart. Disclaimer: Center for Research in Financial Markets and Economy (C- FAME) is an initiative of the School of Business & Management at Christ Academy Institute for Advanced Studies, Bengaluru. The views presented here are for educational purposes only. C- FAME or the author does not take any responsibility for the trades initiated based on the view presented here.
NSE:NIFTY
by binuppaul
EUR / USD 1.10543 - 0.04 % LONG IDEA *STRUCTURE & PRICE ACTION HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE EURO / DOLLAR PAIR. * The pair might be in the formation of an ascending triangle possibly will be range bound until we see a breakout. - On the EUR/USD looking for some bullish momentum to come into play before we can see that breakout. - Looking for long entries on the PAIR short term this week should all the rules of the formation be met. LOOKING FOR SOMETHING LIKE THIS ON LOWER TIME-FRAMES. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
USD /CAD 1.26173 -0.11% LONG IDEA * PRICE ACTION & CPNTINUATIONHEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR. * The PAIR WAS range bound consolidating between support and resistance That just saw a test of the base of structure. - Short term the pair ,might enter an up trend should we see a break and close above the double bottom formation on the 4h chart. * A break below of this level changes the plan and we await the market to show us direction. - Looking for LONG entries on the pair this week should all the rules of the formation be met. SCALLING TO LOWER TIME-FRAMES FOR ENTRIES HERE IS WHERE WE ARE, lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
GBP / CAD 1.65882 - 0.1 % LONG IDEA * PRICE ACTION & STRUCTUREHEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE GBP / CAD * The PAIR has been trading in a FALLING WEDGE range-bound within this structure , retested this level somewhat now signaling continuation. - Short term the pair is currently rejecting at this structure possibly signaling continuation in momentum on the 4h chart this in a falling wedge at the support within the structure.. - Looking for long entries on the THE POUND / CAD this week should all the rules of the formation be met. ON THE HOURLY SCALLING IN FOR ENTRIES HERE IS WHERE WE ARE AT lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Long
by PULEMokhothu
2
Trading this range bounding on $DOT !!Ranges over Ranges Deviations over Deviations This chart is rather easy to approach compared to others, especially BTC. My first game plan is to short $DOTUSDT at the range high Confluences at that level: 1- H12 supply 2- retest of the range high after the deviation (This is mainly how I like to trade) 3- H4 order block Target: Ultimately the range low at $15 (Daily range) Why am I looking for shorts: 1- We have Monday's low to sweep 2- We made a market structure break (msb) today to the downside so the MTF bias is bearish 3- Strong rejection at the EQ (Daily range), so naturally you should look for the range low after such rejection Share me your ideas about this, let's get this trade together I will share my long setup too so if you are interested follow me on tradingview and stay tuned Don't forget to hit the like button :)
Short
by CryptoSep
1
"BITCOIN" Best place to buy and some speculation on the market!!Welcome to this quick update I promised to share my ideas whenever I feel that the time is correct to turn the table and be bullish, so here it comes: Let me summarise my thoughts real quick: We are trading in a wide range just below 2022 Yearly open and above $32800 for about 60 days now, We have seen a similar range last summer when Bitcoin was trading between $28000 and $42000. So it is wise to say that above the yearly open level, we shall have a new bull run and from there, our first major resistance will be $60000. But as long as we stay in this range, I am only interested to open positions towards the liquidity grabs. I will long only under these circumstances: 1. around $36000 after we take the liquidity lying in there 2. above $40500 which is the current resistance, after we reclaim it My targets will be: Depending on my entry price, I will use the Fibonacci tool to identify my TPs. so follow me on tradingview to get notify whenever I post something new regarding my positions. Don't forget to hit the like button if you find my analysis useful, and if you have any other ideas please share them in the comment section so me and everyone else can use them ;)
Long
by CryptoSep
Range trading: Cryptocurrencies as for 26/02/2022 Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 38121 Long position 2 (The price today will not fall below this mark with a probability 95%) 37051 Long position 3 (The price today will not fall below this mark with a probability 99%) 35981 Short position 1 (The price today will not rise above this mark with a probability of 68%) 41309 Short position 2 (The price today will not rise above this mark with a probability of 95%) 42379 Short position 3 (The price today will not rise above this mark with a probability of 99%) 43449 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 2668 Long position 2 (The price today will not fall below this mark with a probability 95%) 2591 Long position 3 (The price today will not fall below this mark with a probability 99%) 2513 Short position 1 (The price today will not rise above this mark with a probability of 68%) 2975 Short position 2 (The price today will not rise above this mark with a probability of 95%) 3052 Short position 3 (The price today will not rise above this mark with a probability of 99%) 3130 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.7290 Long position 2 (The price today will not fall below this mark with a probability 95%) 0.6976 Long position 3 (The price today will not fall below this mark with a probability 99%) 0.6663 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.8331 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.8645 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.8958 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
BITSTAMP:BTCUSD
by Trade24Fx
Range trading: Forex as for 18/02/2022 Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.13102 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.1266 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.1231 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1426 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1462 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1497 GBPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.3544 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.3521 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.3498 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3676 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3699 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3723 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 114.63 Long position 2 (The price today will not fall below this mark with a probability 95%) 114.44 Long position 3 (The price today will not fall below this mark with a probability 99%) 114.24 Short position 1 (The price today will not rise above this mark with a probability of 68%) 115.43 Short position 2 (The price today will not rise above this mark with a probability of 95%) 115.63 Short position 3 (The price today will not rise above this mark with a probability of 99%) 115.83 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
by Trade24Fx
Range trading: Forex as for 27/01/2022 Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1181 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.1159 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.1137 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1283 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1305 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1327 GBPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.3392 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.3372 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.3352 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3508 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3528 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3548 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 114.19 Long position 2 (The price today will not fall below this mark with a probability 95%) 113.97 Long position 3 (The price today will not fall below this mark with a probability 99%) 113.75 Short position 1 (The price today will not rise above this mark with a probability of 68%) 115.07 Short position 2 (The price today will not rise above this mark with a probability of 95%) 115.29 Short position 3 (The price today will not rise above this mark with a probability of 99%) 115.51 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
by Trade24Fx
Range trading: Cryptocurrencies as for 27/01/2022 Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 34684 Long position 2 (The price today will not fall below this mark with a probability 95%) 33512 Long position 3 (The price today will not fall below this mark with a probability 99%) 32341 Short position 1 (The price today will not rise above this mark with a probability of 68%) 37965 Short position 2 (The price today will not rise above this mark with a probability of 95%) 39136 Short position 3 (The price today will not rise above this mark with a probability of 99%) 40308 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 2258.47 Long position 2 (The price today will not fall below this mark with a probability 95%) 2151.48 Long position 3 (The price today will not fall below this mark with a probability 99%) 2044.49 Short position 1 (The price today will not rise above this mark with a probability of 68%) 2594.64 Short position 2 (The price today will not rise above this mark with a probability of 95%) 2701.63 Short position 3 (The price today will not rise above this mark with a probability of 99%) 2808.62 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.5724 Long position 2 (The price today will not fall below this mark with a probability 95%) 0.5475 Long position 3 (The price today will not fall below this mark with a probability 99%) 0.5227 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.6423 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.6671 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.6920 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
BITSTAMP:BTCUSD
by Trade24Fx
Range trading: Forex as for 24/01/2022 Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. EURUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1283 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.1260 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.1236 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1389 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1413 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1436 GBPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.3495 Long position 2 (The price today will not fall below this mark with a probability 95%) 1.3476 Long position 3 (The price today will not fall below this mark with a probability 99%) 1.3457 Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3613 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3632 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3652 USDJPY Long position 1 (The price today will not fall below this mark with a probability of 68%) 113.35 Long position 2 (The price today will not fall below this mark with a probability 95%) 113.12 Long position 3 (The price today will not fall below this mark with a probability 99%) 112.88 Short position 1 (The price today will not rise above this mark with a probability of 68%) 114.21 Short position 2 (The price today will not rise above this mark with a probability of 95%) 114.44 Short position 3 (The price today will not rise above this mark with a probability of 99%) 114.68 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
by Trade24Fx
1
Range trading: Cryptocurrencies as for 24/01/2022Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability). What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable. BTCUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 34084 Long position 2 (The price today will not fall below this mark with a probability 95%) 32957 Long position 3 (The price today will not fall below this mark with a probability 99%) 31830 Short position 1 (The price today will not rise above this mark with a probability of 68%) 37379 Short position 2 (The price today will not rise above this mark with a probability of 95%) 38506 Short position 3 (The price today will not rise above this mark with a probability of 99%) 39633 ETHUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 2317.24 Long position 2 (The price today will not fall below this mark with a probability 95%) 2204.29 Long position 3 (The price today will not fall below this mark with a probability 99%) 2091.35 Short position 1 (The price today will not rise above this mark with a probability of 68%) 2657.84 Short position 2 (The price today will not rise above this mark with a probability of 95%) 2770.79 Short position 3 (The price today will not rise above this mark with a probability of 99%) 2883.73 XRPUSD Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.5780 Long position 2 (The price today will not fall below this mark with a probability 95%) 0.5477 Long position 3 (The price today will not fall below this mark with a probability 99%) 0.5174 Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.6590 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.6893 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.7196 Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading
BITSTAMP:BTCUSD
by Trade24Fx