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Trendanalyisis

LIQUIDITY RUNSLiquidity runs occurs when price gives a false break out below a support or above a resistance and the purpose is usually to take out the stops or liquidity lying around those areas. This liquidity is then used by market makers to open their large positions in the opposite directions. When a false break out occurs below a support, stop losses belonging to retail traders are wiped out and retail break out sellers get trapped. The opposite happens at a resistance level. Liquidity run is my favorite strategy when I'm anticipating market reversals or at times retracements like what happened with dollar pairs yesterday (5th Dec 2022).
FOREXCOM:XAUUSDEducation
by JayForexAcademy
HullBuster | USDCAD breaking out to the upsideGann Technical Analysis: USDCAD 4 hour chart On this chart we measure the valley formed on 10 May 2021 which peaked out on 14 October 2022. Applying our Gann fans we can see a very nice symmetrical Gann pattern where all of the price action is neatly contained within the 4:1 and 1:4 lines. Overall, it’s a relatively shallow rise over the span of a year or so. However, it made a decisive move in September by piercing the 2:1 line. We’ve had some choppy trading since hitting the peak but the fall couldn’t break the descending 1:4 line. According to Gann principles this instrument is clearly going up at least until the declining 4:1 line. A break above the 8:1 line could see significant upside potential. While a fall below the 38% on the Gann Timing Box would indicate renewed dollar weakness. Happy Trading and Happy Holidays! Methodology: I use external Gann software to calculate the angles. The software uses a fixed grid calibrated per instrument. I use the TradingView Gann Fan to illustrate the analysis. It is not used in the calculation so the angles do not match your viewport orientation. Please see my angle gauge for a 360 degree representation of the calculation result using the current instrument price as of this date. The peak angle is represented using negative coordinates so as to preserve the Gann parlance and event recognition. It is not part of the formal indicator. William Delbert Gann (1878-1955): Commodities trader who developed a technical analysis method using geometric angles to forecast price movement. The core of his work relies on pivot points and lines drawn at fixed rates of speed. He is also the author of numerous finance books and trading courses. Although he developed several time and price indicators, this analysis uses only two: the Gann Fan and Gann Square. Fundamental USDCAD: The CAD is the official currency of Canada since 1858. The Canadian Dollar is a global reserve currency ranking as the fifth most held by central banks. Canada itself is a nearly two trillion U.S. Dollar economy measured by gross domestic product. It is a country rich in natural resources specifically lumber, minerals, oil and natural gas. In the forex market, the value of the CAD fluctuates in response to demand for its natural resources pegging the USDCAD as a commodity currency. In addition to its resources, Canada is a major exporter of finished goods. Namely, aircraft, plastics, equipment and machinery. Also, Canada has a vibrant local economy and is subject to much cross border activity with the United States. Needless to say, this is a very stable and widely held currency that sees its cross rate value strengthen during favorable RORO periods.
Long
by tradingtudi
2
BTC is getting ready for the Big moveHi guys, This is Martin, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #BTC UPDATE BTC is forming this big falling wedge pattern what is falling wedge pattern The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. *BTC Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout * RSI is also sowing some bullish divergences move *If it conform this pattern then according to the pattern we will see good bounce Stay tuned I will keep updating This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
by MartinTraderc
4
ETH - USDT, 1D Interval Resistance and Support I invite you to review the ETH/USDT chart on the one-day interval as its predecessor. Let's start by determining the main trend under which the price has been moving since the last ATH. Now it is worth marking with the yellow lines the triangle in which ETH is currently moving. Let's now move on to identifying two very important supports, the first at 0.78 Fib Retracement, equal to $1125, and the second support at the last low of $880. Looking the other way, the price has two strong resistance zones, the first zone starts at $1524 and lasts until $1920, only when the price breaks above the first zone and makes a positive attempt to attack the second zone from $2573 to $3016, the way will open for us towards a new peak. Looking at the CHOP index, we see that we have less and less energy, the MACD indicator indicates a change in the trend to an upward one, and the volume, although low, indicates the predominance of green candles on the buyers' side.
by cryptodailyuk
HullBuster |USDZAR bouncing off supportGann Technical Analysis: USDZAR 4 hour chart Overall, we’re bouncing off the 12 April low with the price action firmly contained above the rising 1:1 line. The recent pullback from the 22 October peak could not penetrate the descending 1:4 line and is now enjoying a powerful rally. According to Gann principles we could see the price continue to climb until the negative 2:1 line. Then look for a bounce off the negative 3:1 line. A break above the 8:1 line would put the USDZAR in blue sky territory while a fall below the rising 1:1 line would indicate major dollar weakness. The Gann Timing Box offers a text book stop level at the 38% line. Happy Trading! And Happy Holidays! Methodology: I use external Gann software to calculate the angles. The software uses a fixed grid calibrated per instrument. I use the TradingView Gann Fan to illustrate the analysis. It is not used in the calculation so the angles do not match your viewport orientation. Please see my angle gauge for a 360 degree representation of the calculation result using the current instrument price as of this date. The peak angle is represented using negative coordinates so as to preserve the Gann parlance and event recognition. It is not part of the formal indicator. William Delbert Gann (1878-1955): Commodities trader who developed a technical analysis method using geometric angles to forecast price movement. The core of his work relies on pivot points and lines drawn at fixed rates of speed. He is also the author of numerous finance books and trading courses. Although he developed several time and price indicators, this analysis uses only two: the Gann Fan and Gann Square. USDZAR: The South African Rand is a commodity currency established in 1961. It has been steadily weakening against the U.S. Dollar since 2012 due to mining industry decline and significant trade deficit. It is prone to lengthy periods of volatility against the major currencies. It’s currently trading at around 17 ZAR’s to the dollar. Looking at the weekly chart it’s easy to see where this currency is headed. Widespread unemployment, crime and political unrest is likely to keep pressure on this currency for the foreseeable future. However, trading this currency will require and iron will and either deep pockets or tight stops. The nominal swing range is around 3000 pips with relatively frequent bursts of 10000 pips or more.
Long
by tradingtudi
2
SPX: Finally filled our GAP! What's next?• Since our last analysis, the SPX did a great reaction, just above the key support we mentioned yesterday at 3,937 – a Double Bottom chart pattern; • By the moment it broke our key resistance area made by the 21 ema (1h chart) + 3,980, it exploded – the link to my previous analysis is below this post, as always; • Now, the index filled its last gap at 4,083, which I was aiming at since the 3,900. We were already expecting this movement, since the mid-term trend in the daily chart was bullish since the beginning, and we had no clear bearish structure at any moment – just pullback signs; • Now that the index exploded, we could see some correction, and in this case, there are many support levels to work with: We have the retracements, the previous top at 4,028 and the 21 ema in the 1h chart; • Any bullish structure around any of these support levels might indicate that the bull trend will persist a little bit longer. I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analyses!
SP:SPX
by Nathan_The_Finance_Hydra
4
QQQ: Could Tech stocks REVERSE? These KEY POINTS will guide you!• QQQ is trading around a key support level, made by the 38.2% Fibonacci’s Retracement + 21 ema; • If QQQ loses this dual-support level, the momentum might be strong enough to make it retest the 61.8% around $272; • In addition, if this scenario materializes, QQQ would do a bearish structure (lower high/low), indicating that the bear trend will persist a little bit longer; • However, QQQ has been correcting while the volume decreases, indicating weakness rather than a sell-off; • Either way, a bullish thesis would gain strength only if it breaks the $293 area, triggering a bullish pivot point; • A bullish scenario would have the gap at $307 as our first target; • Either way, QQQ looks interesting, and regardless of what happens, we must pay attention to these key points for now. Remember to follow me to keep in touch with my analyses!
NASDAQ:QQQ
by Nathan_The_Finance_Hydra
1
Knowing if a trend is still valid or is beginning to failin the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap. also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that there's a not so obvious 4 reset wave before the 1, 2, 3 pattern starts again, the trick is check to see if the phase 4 wave causes any of the moving averages to cross/overlap before setting up your 1, 2, 3 move! because if they have crossed or one of them is overlapping the other, this signals the trend is weakening and the market may be looking at beginning a range or and new trend in the opposite direction.
Education
by algoquantix
GBPNZD Potential Buying Opportunity!Hello Traders, In this week's trading session we will be monitoring GBPNZD for a Buying opportunity in and around 1.915 OB zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Long
by BiggainLTD
1
EUR/USD likely to fall!Hey tradomaniacs, looks like EUR/USD has just faked out to the upside with a lot of speed and momentum in order to catch liquidity. Overall correlations do not make sense with this move as yields are not falling while indices are just choppy but bearish. Orderflow has shown an instant switch from bulls to bears with this "breakout" which is giving evidence for a fakemove. Be cautious today as market is pretty volatile due to a lack of fundamentals and upcoming holidays in the US. What do you think?
Short
by Trading2ez
3
LTCUSDT 1D Interval - Resistance and SupportHello everyone, I invite you to review the LTCUSDT chart, taking into account the one-day interval, we can see that the price does not record large drops despite the low stability of BTC. The yellow lines mark the uptrend channel. Looking at the support levels, we can define several levels, first we can define support at $59, then $55, $52, $49, and $45. Looking the other way, we see first resistance at $63, second at $67, third at $72, and fourth at $88. Please pay attention to the CHOP index, which indicates that we are gaining more and more energy, the MACD indicator indicates an uptrend, but the volume, although not large, indicates the advantage of sellers.
by cryptodailyuk
4