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Trend Analysis

GOLD --> The Downtrend Persists. What’s the Next Target?Dear Friends, Gold has seen a modest rise amidst a broader bearish trend, currently trading around $2,617, up 1.27% on the day. This slight uptick can be attributed to sellers pausing their pressure, coupled with the fundamental appeal of gold increasing. As the opportunity cost of holding the non-yielding precious metal decreases due to lower interest rates, gold becomes more attractive. However, the Federal Reserve's cautious outlook on rate cuts—suggesting smaller reductions than expected next year—could weigh on gold's upward momentum. Additionally, US Treasury yields edged higher on December 18, with the 10-year yield reaching its highest level since May. Treasuries, often considered a direct competitor to gold due to their interest-bearing nature, could diminish gold's appeal if yields continue to rise. Ben personally advises waiting for a decisive candle close below the 2636 liquidity zone before taking further advantage of the market trend.
OANDA:XAUUSDShort
by Bentradegold
RSI EMA VWMA Long-Only Strategy (Updated)RSI EMA VWMA Long-Only Trading Strategy This script is a fully adjustable long-only trading strategy designed to help traders identify profitable entry and exit points based on the Relative Strength Index (RSI), Exponential Moving Average (EMA), and Volume Weighted Moving Average (VWMA). The strategy is straightforward, yet powerful, combining trend-following and momentum-based indicators for enhanced decision-making. How It Works Entry Criteria (Buy Signal): A long trade is triggered when the RSI crosses above the lower threshold (e.g., 39) while the EMA is trading above the VWMA. This combination ensures that trades are initiated in favorable momentum and trend conditions. Exit Criteria (Sell Signal): Profit Target: The strategy automatically exits a trade once the price increases by the user-defined profit target percentage (e.g., 0.74%). Stop Loss (Optional): To limit risk, the strategy includes an optional stop loss feature (e.g., 3%). RSI Exit: Additionally, the trade is closed if the RSI crosses above the upper threshold (e.g., 78), indicating overbought conditions or reduced momentum. Key Features Indicator-Based Entries and Exits: Combines RSI (momentum), EMA (trend-following), and VWMA (volume-weighted trend) for highly effective signal generation. Fully Adjustable Parameters: RSI Period: Number of periods for RSI calculation (default: 6). Lower RSI Threshold: Determines when a buy signal is triggered (default: 39). Upper RSI Threshold: Determines when a trade is exited due to overbought conditions (default: 78). EMA Period: Number of periods for the EMA calculation (default: 8). VWMA Period: Number of periods for the VWMA calculation (default: 35). Profit Target (%): User-defined profit target to automatically exit trades (default: 0.74%). Stop Loss (%): Optional feature to exit trades when the price moves against the position by a certain percentage (default: 3%). Visualizations: Plots RSI values and threshold lines for easy interpretation. Displays EMA and VWMA trends for visual confirmation of the trend-following logic. Highlights buy signals with green triangles below the bars on the chart. Alerts: Built-in alerts for buy signals, making it suitable for webhook integrations or notifications. Use Cases Scalpers and Day Traders: This strategy is ideal for short-term traders who need precise entry and exit signals. Trend-Following Traders: By combining EMA and VWMA, the strategy ensures trades align with the prevailing market trend. Risk-Averse Traders: The inclusion of a stop loss and profit target allows for disciplined risk management and consistent results. Tips for Optimization Backtesting: Use TradingView’s Strategy Tester to evaluate performance across different timeframes and assets. Optimize parameters like RSI thresholds, EMA/VWMA periods, and profit targets to match your trading style and market conditions. Pair Selection: The strategy works best on trending assets with good volatility and liquidity. Risk Management: Ensure the stop loss and position sizing align with your overall risk tolerance. Paper Trading: Before live trading, test the strategy in a simulated environment to confirm its effectiveness. Disclaimer This strategy is shared for educational purposes and should not be considered financial advice. Always backtest thoroughly and trade with caution. Past performance does not guarantee future results. Adjust the parameters to suit your trading preferences and risk tolerance.
Long
by PPonBIN
Back Up The TruckSome believe gold has finished it's bull run, old hat from the late 70's folks say they have seen this before and calling a crash. The Oct/Nov highs were ripe for a correction only, a wave four sideways triangle. This building structure has perhaps only a matter of days before breaking out, buy at today's support or wait for the upper breakout for confirmation. The coming wave five breakout will be strong, could coincide with geopolitical events. Upside in precious metals has much much further to go, the current stage is only folks getting interested...the coming chaos by design will usher in a stampede. There is insufficient PM's right now for delivery should holders request their holdings. Your opportunity to purchase PM's now, will prove prudent and wise. Appreciate a thumbs up, good trading and God Bless you all!
CAPITALCOM:GOLDLong
by Fractal777
1
The FED just changed cryptoThe #FOMC just cut interest rates by 25bps/0.25%, but something more important changed! They raised their interest rate projections for the next 3 years by 50bps/0.5%. This is not good for crypto in the short term. The #FED is suggesting fewer interest rate cuts in the short-medium term which won't be good for risk assets such as CRYPTOCAP:BTC and other #alts The market has also been diverging for the last couple of weeks so will likely fall in reaction to this. Don't worry though #ALTSEASON will eventually come and mark the end of this bull run unless Trump creates the CRYPTOCAP:BTC strategic reserve and sends crypto 100 times higher. For More -> x.com
Long
by CryptoJayTrades
CYCLE 4 | BTC If Perfect Cycle - ATM Target Zone [For Fun]IF PERFECT CYCLE - ATM TARGET ZONE For this post (just for fun) if BTC is allowed to run to it historic tends this cycle, then I have marketed the projected 'ATH Target Zone', based on the current state of my price modelling, cycle mapping, oscillators, indicators and technical analysis tends. Weekly RSI - CURRENT ANALYSIS While the weekly RSI bearish divergence (yet to be locked in) looks eerily familiar to our double peak top the 2021 cycle, if this does eventuate then we will be looking for BULLs to continually invalidate similar to the 2017 bull run. If there is a reasonable pull back at this point (30% to 40% pull back) and we retest and hold the 21W EMA 20W SMA, then this would be consistent with the 2017 bull run at this point in the cycle and we would then want to see bulls invalidate the bearish divergence on the weekly RSI to have confidence in the possibility of more upward price action ahead. FOLLOW ALONG WITH THIS POST! What do you think about this chart? Am I too bullish or bearish with this zone? Will be fun to track this moving forward.
Long
by Brodie
TSLA Technical Analysis (TA) and GEX for Dec. 20Market Context Tesla showed weakness today, closing lower after a significant intraday decline. The price action reflects selling pressure with volume increasing during the latter part of the session, indicating bearish sentiment. 1. Key Levels * Support: * $425.00: Put Wall support and critical level for a bounce. * $420.00: Next downside target in case of further weakness. * Resistance: * $437.85: Immediate resistance, aligned with price rejection today. * $445.00: Gamma level resistance that needs volume to break. * $460.00: Significant GEX resistance above, unlikely to be tested tomorrow unless strong buying resumes. 2. Price Action Insights * Tesla has broken out of a rising trendline, forming a bearish structure on the hourly chart. * The current descending price channel indicates further downside unless $437 is reclaimed quickly. * Intraday volume spiked during the sell-off, suggesting bearish conviction. 3. Indicators Analysis * 9 EMA and 21 EMA: * Both are trending downward, reflecting short-term bearish momentum. * MACD: * Bearish crossover on the hourly and 2-minute charts confirms the downtrend. * Options Oscillator: * Call activity still dominates at 105.2% GEX, but bearish price action overshadows sentiment. 4. GEX Analysis * Gamma Levels: * $430.00: High Volatility Level (HVL); this is the pivot for tomorrow’s trading. * $445.00: Major call wall resistance. * $425.00: Key put wall support. * $420.00: Critical gamma floor; breaching this signals further bearish pressure. Trading Outlook for Tomorrow Bullish Scenario: * A recovery above $430 with volume could target $437 and possibly $445. Bearish Scenario: * Failure to hold $425 leads to $420, with further downside potential if selling accelerates. Neutral/Range-Bound Scenario: * Likely consolidation between $425 and $430, given today’s sharp decline and investor caution. Actionable Suggestions * Entry: * Bullish: Above $430 for a move toward $437 and $445. * Bearish: Below $425 for a drop toward $420. * Stop-Loss: * Long: Below $425. * Short: Above $430. * Scalping Opportunity: * Quick trades between $425–$430 with tight risk management. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always perform due diligence and manage risk appropriately before trading.
NASDAQ:TSLA
by BullBearInsights