https://emagloire.atlassian.net/wiki/x/EAB0Aw Link to Orderblock Study Above Feel free to grab the chart to look on your own on the 5m chart Key Trading Rules to Remember Around Entry Execution: - BIG NOTE: If News coming at 830a EST, move should happen after that - try to not Trade through 830a - that is GAMBLING, not Trading - Huge Detail: WE ARE LOOKING FOR A LTF (5m/2m) PD ARRAY TO FORM INSIDE THE 1H ORDERBLOCK TO VALIDATE ENTRY - Only Execute Trade if Price Reaches or has already reacted from a Daily/1H OB - Drop down to 15m to validate entry - If this condition not present (Sunday Open Context or Selling Program), then consider sells on Bearish OB - Do not execute trade if price has not reached OB within a Killzone - Trade Type: Set & Forget or Constant Monitoring? Ideally - Set & Forget with Alerts when 1:1 RR reached (Trust in your system and backtesting) - A close below an OB mean threshold is a low probability condition - Next candle must close back above 50% threshold to still be considered valid - If OB width less than 5 pips, Enter on EQ on LTF OBs(Max Risk: 2x the OB size in pips)
Price has reached a crucial moment as it touches the major support trendline (green) after an extended downtrend. The MA200 (blue line) touched price, and this intersection with major support could present an interesting turning point. Watch closely for price action around this level. Potential bounce or breakdown will determine the next directional move. Always maintain proper risk management and wait for confirmation before taking positions. #crypto #technicalanalysis #trading #PENGU
Logical next step for btc. If this support is broken, we may even see a bear market.
Avoid Trap Trades with the Power of Delta Volume Analysis The market is full of traps, where traders get caught in false breakouts or misleading price action. The Order Flow / Delta Volume Indicator, as seen on this BTC/USDT chart, acts as a shield against such traps by offering unparalleled insights into market sentiment and trend strength. Key Observations from the Chart: 1. Delta Volume Line Divergence Saved the Day: Notice how the Delta Volume Line moves against the trend during moments of potential traps. For example: • In the highlighted sections, while price appeared to move bullishly, the Delta Volume Line showed decreasing buying pressure, signaling weakness in the trend. This divergence helped avoid entering long positions that could lead to losses. • Similarly, during bearish traps, the Delta Volume Line indicated reduced selling pressure, providing clarity and preventing premature shorts. 2. Reliable Trend Confirmation: The indicator aligns perfectly with price action when the trend is strong, confirming entries and exits. It ensures that traders remain on the right side of the market, minimizing emotional decisions and maximizing profits. 3. Avoiding Choppy Market Losses: During sideways markets or false breakouts, the Delta Volume Line acts as a guiding beacon. The lack of alignment between price movement and delta volume imbalance highlights potential no-trade zones, as demonstrated in choppy areas of the chart. 4. Dynamic Background for Trend Sentiment: The green and red background clearly illustrates bullish and bearish zones, helping traders visually gauge the dominant market sentiment without overanalyzing every candle. How It Helps in Live Trading: • Trap Avoidance: Delta Volume Line divergence is a game-changer. It cuts through misleading price movements and focuses on the actual pressure in the market. • Trend Clarity: Helps identify whether buying or selling pressure aligns with the current price movement, giving confidence in trade entries. • Volume-Weighted Insights: Filters out false signals by integrating VWAP and volume metrics, ensuring only high-quality setups are considered. Conclusion: This BTC/USDT chart is a testament to the power of the Order Flow / Delta Volume Indicator. It isn’t just a tool—it’s a roadmap for navigating volatile markets with confidence. The Delta Volume Line, in particular, offers a level of precision and reliability that helps traders avoid traps and capitalize on real opportunities. Trade smarter, avoid traps, and stay ahead of the market with this essential indicator. Let the Delta Volume Line guide your next
Trading Plan for Nifty - 30-Dec-2024 Intro: Review of Previous Plan (27-Dec-2024) In the previous trading plan, we highlighted key zones, including the No Trade Zone (23,761–23,830) , the Last Intraday Resistance (24,010–24,058) , and the Buyer’s Support at 23,427 . As evident in the uploaded chart, Nifty traded within the highlighted zones, respecting the identified levels. The sideways momentum (Yellow trend) continued for most of the session, and an intraday attempt to breach the resistance zone was met with selling pressure, resulting in a close near the No Trade Zone. Key Color Codes in the Plan: Yellow Trend: Sideways Green Trend: Bullish Red Trend: Bearish Trading Plan for 30-Dec-2024: Scenario 1: Gap-Up Opening (100+ points above 23,930) If Nifty opens above 23,930 , the market will be entering a bullish momentum zone. Look for a retest of the 24,010–24,058 resistance zone. If the resistance is broken and sustained (hourly close above 24,058), initiate a long position targeting the retracement profit-booking resistance at 24,310 . Place a stop-loss below the breakout level at 23,980 . If the resistance holds, wait for rejection signals (red bearish candles) to initiate a short trade with a target of 23,761 . Scenario 2: Flat Opening (23,800–23,850) A flat opening indicates consolidation within the No Trade Zone (23,761–23,830) . Avoid aggressive entries until Nifty decisively breaks out of the zone. A breakout above 23,830 may signal a bullish move toward 24,010 . Look for confirmation with volume before entering a long trade . On the downside, a breakdown below 23,761 could push Nifty toward 23,636 , the Last Intraday Support. In this case, initiate a short position with a stop-loss above 23,800 . Scenario 3: Gap-Down Opening (100+ points below 23,730) A gap-down opening below 23,730 signals bearish momentum. Observe if the price approaches the Buyer’s Support at 23,427 . If the support holds, watch for reversal patterns (e.g., hammer or bullish engulfing) to initiate a long position targeting 23,761 . A breakdown below 23,427 could extend the bearish trend to 23,300 or lower. Initiate a short trade if the breakdown is confirmed with a stop-loss above 23,500 . Risk Management Tips for Options Trading: Use defined risk strategies such as debit spreads to limit potential losses. Avoid holding positions close to expiry to reduce time decay impact. Trade with 1–2% of your total capital per trade to manage exposure. Be cautious of high IV (Implied Volatility) spikes during gap openings. Summary and Conclusion: The plan emphasizes trading with confirmation signals and respecting highlighted zones. Stay disciplined in the No Trade Zone to avoid unnecessary risks. Follow the breakout and breakdown scenarios with defined stop-loss levels to maintain a favorable risk-reward ratio. Disclaimer: I am not a SEBI-registered analyst. All views are for educational purposes only. Traders are advised to do their analysis or consult with a financial advisor before making trading decisions.
ZRO power play. Resting on a big support level, incl. 50 day + range support and anchored vwap from the November lows.
Trading Plan for Bank Nifty - 30-Dec-2024 Intro: Review of Previous Plan (27-Dec-2024) In the last trading plan, we emphasized the importance of the No Trade Zone (51,259–51,343) , Opening Resistance (51,569) , and Opening Support at 51,096 . The market respected the highlighted zones, consolidating within the Yellow sideways trend for most of the session. A late-session attempt to test the Resistance for sideways at 51,958 faced rejection, aligning with our bearish expectations. Key Color Codes in the Plan: Yellow Trend: Sideways Green Trend: Bullish Red Trend: Bearish Trading Plan for 30-Dec-2024: Scenario 1: Gap-Up Opening (200+ points above 51,550) If Bank Nifty opens above 51,550 , the market could enter a bullish trajectory targeting the Resistance for sideways at 51,958–52,070 . Wait for a retest of the Opening Resistance zone (51,569) . If the zone holds and the price shows a bullish breakout with volume, initiate a long trade targeting 52,070 . Place a stop-loss below 51,450 to manage risk. If resistance is not broken, observe rejection patterns like bearish engulfing candles, and consider a short trade with a target of 51,343 . Scenario 2: Flat Opening (51,250–51,350) A flat opening signals consolidation around the No Trade Zone (51,259–51,343) . Avoid aggressive trades within this zone. Wait for a decisive breakout or breakdown. A breakout above 51,343 signals bullish momentum towards 51,569 . Look for confirmation via candle closing above the breakout level before entering long positions . Conversely, a breakdown below 51,259 could lead to a test of the Opening Support at 51,096 . Initiate a short position if the breakdown holds, with a stop-loss above 51,350 . Scenario 3: Gap-Down Opening (200+ points below 51,050) A gap-down below 51,050 may indicate strong bearish sentiment, testing the Opening Buyers Zone at 50,664 . Observe for reversal patterns (e.g., bullish engulfing or hammer candles) at 50,664 . If confirmed, initiate a long trade targeting 51,096 . If the support breaks, prepare for extended bearish moves towards 50,400 . Enter short trades on confirmation with a stop-loss above 50,750 . Risk Management Tips for Options Trading: Use spreads (e.g., bull call spreads or bear put spreads) to cap losses in high volatility conditions. Avoid trading out-of-the-money options as they decay rapidly, especially during sideways trends. Trade with no more than 2% of your total capital per position. Monitor the market for IV changes, especially during gap openings, to adjust your option strategy. Summary and Conclusion: The plan is designed to capture potential breakouts and breakdowns while maintaining discipline in No Trade Zones. Focus on the identified key levels to avoid overtrading. Stick to defined stop-loss levels and maintain a favorable risk-reward ratio in all trades. Disclaimer: I am not a SEBI-registered analyst. All views are for educational purposes only. Traders are advised to do their analysis or consult with a financial advisor before making trading decisions.
EURAUD is heading in this big resistance zone. Since last year price has been rejected up to 5 times. Last 5 weeks I was looking for long positions but will be looking for a shift of the trend. Let me know what you think!
I am expecting middle of jan or end of jan for this wave to be completed
? Welcome to TradeCityPro! In this analysis, I will examine the CRV coin, which belongs to the Curve project, a DEX platform in the DeFi space. The analysis is conducted on both daily and 4-hour timeframes. ? Daily Timeframe: Beginning of Correction In this timeframe, after negative news for CRV, the price reached the support level at $0.2309, forming its main bottom there and starting its upward movement after accumulating. ? With the influx of buying volume, resistances at $0.3425 and $0.4070 were easily broken, and the price reached the resistance at $1.2630 with high momentum. The buying volume peaked and, with a Blowoff candle, the price correction began. ✨ The RSI exiting the Overbuy zone triggered the start of the price correction down to $0.382. Currently, the bottom of the correction is forming at $0.7890, and breaking this area could reach the $0.5 and $0.618 Fibonacci levels, which I have marked as limited areas for you. If these areas break, the next supports will be at $0.4070 and $0.3425. ? If the price wants to continue in the same cycle with the next upward wave, it should not lose the range between $0.5 to $0.618 Fibonacci. Breaking this range would reset the market momentum, and the chart would need to create a new structure. ? For going long, the best trigger is breaking $1.2630 targeting $1.9116. If this area breaks, the volume and RSI should converge with the price. A divergence in volume greatly increases the likelihood of a fake break. For riskier triggers, it's better to look into the 4-hour timeframe. https://www.tradingview.com/x/uBAcSONj/ ⏳ 4-Hour Timeframe: New Price Structure in the Correction Phase In the 4-hour timeframe, we can see the last upward leg in more detail and apply a new Fibonacci Retracement. ? Currently, the price has corrected to the $0.5 Fibonacci zone, which overlaps with $0.7890, forming the primary bottom of the correction. ? For an early and risky long position, breaking the resistance at $1.0451 is suitable. However, as mentioned in the daily timeframe analysis, the main resistance and trigger for going long is $1.2630. ? For a short position, breaking the $0.382 Fibonacci, which overlaps with $0.9069, is suitable, but be cautious as you are shorting in a correction of an upward trend. Engage minimal risk so that if the upward trend continues, you do not incur significant losses. ? The market volume has been decreasing since the peak at $1.2630 and is now at its lowest. The RSI is also ranging between 39.82 to 59.27, with a break of either area potentially introducing new momentum into the market. ? If further correction occurs, the next supports are the $0.618 Fibonacci at $0.69, and the areas at $0.5553 and $0.4661. ? Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️