Search in ideas for "dcb"
DCB BANK SHORT SELL CALLSIMPLE RULE WHEN 50 EMA CROSSES BELOW 200 EMA SHORT SELL IT ANDC STAY SHORTED TILL 50 EMA CROSSES ABOVE 200 EMA.
$AAXN Let it bounce to 68 and pull the triggerDCB inbound to 68. Or, like me, youve been scaled in and you just ignore this chart till your alerts tell you its back in 20s.
DCB incominganother chip that looks primed for a bounce soon. Maybe one more lower low... but we should at the very least draw a right shoulder here. WIsh I held my shorts from 193 :)
DCB Sell for 22 - Oct -2018 Intraday30 minute Fibonacci series show following level for entry
Sell Below : 155.4
Stop Loss : 161
Target : 152.55
USDCAD: Death Cat Bounce towards 1.2600DCB next week, 'IF' U.S. Govern fixes their own mess + WTI retraces deeper $60; maybe?
Also, $DXY can't handle more short sellers! or could it? Key support next week; 89.50
Keep in mind; that Cat is Death :(
LONG NG This is a 1 Month Chart.
The 28/06/2022 was the last trading day for the July contract and the NG trade settled at the closing price of 6.55 USD.
This was according to my expectation above that day DCB REF PRICE of 6.50 USD but below my Price Target of 6.85 USD.
Now it may not be a large dollar amount nor a large percentage but it is atleast a positive trade.
Currently I am trading and still maintaining financial instrument 3 x leverage ETF tracking NG on the MIB
At the time of writing during the asian session the price of NG is trading above the previous day close and the current day DCB REF PRICE of 6.55 USD and above yesterday's peak @ 6.74 USD
On the 1 Month chart I have indicated the trading period for today with two black vertical line on 29/06/2022 DATELINE I 00:00 UCT +2
which will mark the start of the trading day for the August contract and 30/06/2022 DATELINE II 00:00 UCT +2. On both DATELINES I have traced the Fibonacci retracement tool to the UPSIDE as indicated in GREEN from the
current day DCB REF PRICE @ 6.55 USD (as indicated as a horizontal orange and black line on the chart sine the currentday DCB REF PRICE and the TERMINATION OFTRADING DATE Closing Price overlap)
to +10% of the DCB REF PRICE (as indicated as a horizontal orange line on the chart)
and to the DOWNSIDE as indicated in RED from the current day DCB REF PRICE (as indicated as a horizontal orange line on the chart) to 10% of the DCB REF PRICE (as indicated as a horizontal orange line on the chart)
Yesterday I have noticed this bullish chart pattern starting from 18:00 UCT +2 time on 27/06/2022 and used
the ray line tool to project 3 potential scenarios labelled TRENDLINE I, TRENDLINE II and TRENDLINE III (as indicated by diagonal blue lines on the chart) to indicate where the price NG might close today as those lines
intersect the DATELINE II as one would notice I made a slight adjustment for todays trade which is as follow.
6.95 USD = TRENDLINE I
6.85 USD = TRENDLINE II
6.65 USD = TRENDLINE III
6.95 USD seems too bullish since it is not only because it seems close to the psychological level of 7 USD, but because some traders will go risk off prior to the release
of the EIA Weekly Storage Report which will be, release tomorrow. Also because of how close Fibonacci levels are at that price level of 6.90 - 6.95 USD level(as indicated by red rectangle on chart) over the past 2 consecutive trading days. US Stocks went red yesterday and it is my expectation that certain stock traders might also close their NG trade to cover margin calls
6.85 USD is my previous days target price which I will maintain today since it intersects with the bullish pattern on the 27/06/2022 as
mentioned above aswell as the previous day closing price 28/06/2022. Since the price of NG expierence a period of consolidation during the time period of 20 - 23 July after the 17 July sell off
resistance is expected @ 6.75 - 6.80 USD price level (as indicated by a yellow rectangle on the chart) but I do expect NG to do a break out above this level.
6.65 USD is above the current day 200 MA on the 5 Day Chart and I am of the opinion that the price of NG will close above this level at the end of this day, if not that atleast above the current day DCB REF PRICE that is. The MACD is looking good on the 1 Month Chart with the Blue line crossing the Red line.
So my trade for today is as follow...
POSITION: LONG
PRICE TARGET: 6.85 USD (TRENDLINE II)
STOP LOSS @ 6.49 (as indicated close to the Horizontal blue line labelled Preious DAY DCB REF PRICE on the chart)
ENTRY POINT: 6.51 USD
FINANCIAL INSTRUMENT: 3 x leverage ETF tracking NG on the MIB
All the best with your trading!
Long NG on Termination of Trading date This is a 5 Day Chart.
On the 27/06/2022 my trade got stopped out @ 6.30 USD
So what is worth mentioning is that the price of NG did not break below the 200 DAY MA on the 1 year chart (as indicated as a horizontal red line on the chart)
aswell as the psychological level of 6 USD (as indicated as a horizontal black line on the chart) during the past 2 consecutive trading sessions at the opening
of the European session on 24/06 and at the opening of the American session on 27/06 (as indicated as 2 seperate orange circles on the chart).
Infact the price of NG even went above the previous day DCB REF PRICE @ 6.22 USD (as indicated as a horizontal blue line on the chart)
as well as above the 200 DAY MA on the 1 Month chart ad went on to hit the psychological level of 6.50 USD (as indicated as a horizontal orange line on the chart)
which also happens to be todays 28/06 DCB REF PRICE
At the time of writing the price of NG is trading above the psychological level of 6.50 USD and also above the 200 DAY MA on the 1 Month chart.
On the 5 day chart I hve indicated the trading period for today with two black vertical line on 27/06/2022 DATELINE I 22:55 and 28/06/2022 DATELINE II 22:55 UCT +2
which will mark the end of the trading session for the July contract. On both DATELINES I have traced the Fibonacci retracement tool to the UPSIDE as indicated in GREEN from the
current day DCB REF PRICE (as indicated as a horizontal orange line on the chart) to +10% of the DCB REF PRICE (as indicated as a horizontal orange line on the chart)
and to the DOWNSIDE as indicated in RED from the current day DCB REF PRICE (as indicated as a horizontal orange line on the chart) to 10% of the DCB REF PRICE (as indicated as a horizontal orange line on the chart)
Besides the breakout above the previous day DCB, just before the previous day close I have noticed this bullish chart pattern starting from 18:00 UCT +2 time and used
the ray line tool to project 3 potential scenarios labelled TRENDLINE I, TRENDLINE II and TRENDLINE III (as indicated by diagonal blue lines on the chart) to indicate where the price NG might close today as those lines
intersect the DATELINE II.
7.55 USD = TRENDLINE I
6.85 USD = TRENDLINE II
6.50 USD = TRENDLINE III
7.55 USD seems too bullish since I believe the Fibonacci level 1.618 on DATELINE II will act as resistance (as indicated by UPPER FIB on the chart)and if not the psychological level of 7 USD
6.50 I believe it will close above the current day DCB REF PRICE
So my trade for today is as follow...
POSITION: LONG
PRICE TARGET: 6.85 USD (TRENDLINE II)
STOP LOSS @ 6.35 (as indicated by LOWER FIB on the chart)
ENTRY POINT: European session opens + 30 MIN
FINANCIAL INSTRUMENT: 3 x leverage ETF tracking NG on the MIB
Good luck with your trading!
WTI CRUDE SHORT 10% CorrectionThis is a 1 Month Chart.
Since being stopped out of my previous trade on 08/09/2022 with STOP LOSS order set @ 83.57 USD and taking a loss of 3%, I will enter the trade in WTI Crude oil using
the technologcical advantage of a financial instrument 3 x leverage ETF tracking WTI Crude on the LSE. The ENTRY POINT for todays de will be set during the current day DCB REF PRICE of 83.50 USD
and the ENTRY POINT labeled on the Chart set @ 84.25 USD. The STOP LOSS will be set above TRENDLINE I but currently labeled on the chart @ 85.58 USD
At the time of writing during the Asian session the price of WTI Crude is trading above the previous day close and the current day Dynamic Circuit Breaker Reference Price (DCB REF PRICE) of 81.90 USD
aswell as below the...
200 Day MA on the 1 Year Chart @ 95.64 USD
200 Day MA on the 1 Month Chart @ 85.90 USD
But above the...
200 Day MA on the 5 Day Chart @ 83.30 USD
On the 5 Day Chart I have indicated the trading period for today with two black vertical line on 09/09/2022 DATELINE I 00:00 UCT +2
which will mark the start of the trading day for the October contract and 12/09/2022 DATELINE II 00:00 UCT +2. On both DATELINES I have traced the Fibonacci retracement tool to the UPSIDE as indicated in GREEN from the
current day DCB REF PRICE @ 81.90 USD (as indicated as a horizontal BLUE solid line on the chart)
and to the DOWNSIDE as indicated in RED from the current day DCB REF PRICE to +10 to the UPSIDE and -10% to the DOWNSIDE of the DCB REF PRICE.
This is the Maximum expected range of volatility for the day.
Today I have noticed Bearish Diveregence as labelled by two black circles on the chart and the RSI during the Asian session it is a the pattern that occurs
when the price reaches higher highs, while the technical indicator being the RSI makes lower highs.
A breakout above 85 USD need to happen to reverse the downtrend and the 5% correction over the previous 2 consecutive trading days prior to yesterday.
I have extended yesterdays 08/09/2022 TRENDLINES I and labelled it TRENDLINE II to intersect with todays DATELINE II and created two other trendlines
to project 3 potential scenarios labelled TRENDLINE I, TRENDLINE II and TRENDLINE III (as indicated by diagonal blue lines on the chart) to indicate where the price WTI CRUDE might close today as those lines
intersect the DATELINE II
85.30 USD = TRENDLINE I
81.50 USD = TRENDLINE II
75.15 USD = TRENDLINE III
85.30 USD follows the peaks of the asian session and likely the maximun price for the day.
81.50 USD is my first EXIT POINT 1 for today if WTI Crude reaches this price point during the low liquidity period between 10:15 -10:30 UCT +2 or 12:15 - 1:45 UCT +2
I will take pofit only to re enter the between trading range of the current day DCB and my ENTRY POINT.
75.64 USD is the end of the week target and my EXIT POINT 2. The closing trend during yesterdays American session and todays Bearish divergence during the Asian session indicates this 10% correction is possible
So my trade for today is as follow...
POSITION: SHORT
EXIT POINT 1: 81.50 USD (TRENDLINE II)
EXIT POINT 2: 75.64 USD EXIT POINT I: 81.50 USD (near TRENDLINE III)
STOP LOSS : 85.58 USD
ENTRY POINT: Between the range of the current day DCB REF PRICE and 84.25 USD
FINANCIAL INSTRUMENT: 3 x leverage ETF tracking WTI on the LSE
Expected Profit approximately 30% and Expected Loss approximately 3%
SHORT WTI CRUDE This is a 1 Month Chart.
Currently I am trading and still maintaining financial instrument 3 x leverage ETF tracking WTI Crude on the MIB
At the time of writing during the Asian session the price of WTI Crude is trading below the previous day close and the current day DCB REF PRICE of 68.90 USD
and below yesterday's peak @ 89.40 USD aswell as below the
200 Day MA on the 1 Year Chart @ 95.50 USD
200 Day MA on the 1 Month Chart @ 88.00 USD
200 Day MA on the 5 Day Chart @ 86.45 USD
The price of WTI Crude have moved below the Support established on 03/09/2022 , 16/08/2022 and 27/01/2022 @ 86.50 USD today will be a double test for support during the European an American trading sessions since it already failed during the Asian session.
On the 5 Day Chart I have indicated the trading period for today with two black vertical line on 06/09/2022 DATELINE I 00:00 UCT +2
which will mark the start of the trading day for the October contract and 08/09/2022 DATELINE II 00:00 UCT +2. On both DATELINES I have traced the Fibonacci retracement tool to the UPSIDE as indicated in GREEN from the
current day DCB REF PRICE @ 86.90 USD (as indicated as a horizontal BLUE solid line on the chart)
and to the DOWNSIDE as indicated in RED from the current day DCB REF PRICE to +10 to the UPSIDE and -10% to the DOWNSIDE of the DCB REF PRICE.
This is the Maximum expected range of volatility for the day.
Today I have noticed this bearish chart pattern starting at the open of the Asian session approximatley 02:00 UCT +2 time on 07/09/2022 and used
the trendline tool to project 3 potential scenarios labelled TRENDLINE I, TRENDLINE II and TRENDLINE III (as indicated by diagonal blue lines on the chart) to indicate where the price WTI CRUDE might close today as those lines
intersect the DATELINE II
85.05 USD = TRENDLINE I
81.53 USD = TRENDLINE II
75.63 = TRENDLINE III
85.05 USD seems most likely and if low liquidity during the european lunchtime at 12:15 - 12:45 UCT +2 time allows the price to surpass this point I will sell in order to buy at the current day DCB during the American open or decide otherwise earlier depending on the situation.
81.53 USD is my current day target and my EXIT POINT if this price level is reached the trade is closed or
trade is closed at the end of the european session trading day since I am shorting order to reduce of the price of WTI opening positively bouncing of the psychologcial level @ 80.00 USD for a brief period.
75.63 USD seems too bearish for the day but probable for the end of the week.
So my trade for today is as follow...
POSITION: SHORT
EXIT POINT: 81.53 USD (TRENDLINE II)
STOP LOSS : 87.76 USD
ENTRY POINT: Current day DCB
FINANCIAL INSTRUMENT: 3 x leverage ETF tracking WTI on the MIB
Expected Profit 18.54% and Expected loss 3%
WTI Crude SHORTThis is a 1 Month Chart.
Currently I am trading and still maintaining financial instrument 3 x leverage ETF tracking WTI Crude on the LSE
Yesterday's 07/09/2022 Technical Analysis was a success with the price of WTI Crude closing 81.90 USD and briefly reaching my profit target and
EXIT POINT @ 81.53 USD during the American session of the trading day.
At the time of writing during the Asian session the price of WTI Crude is trading above the previous day close and the current day Dynamic Circuit Breaker Reference Price (DCB REF PRICE) of 81.90 USD
aswell as below the
200 Day MA on the 1 Year Chart @ 95.50 USD
200 Day MA on the 1 Month Chart @ 87.00 USD
200 Day MA on the 5 Day Chart @ 83.00 USD
On the 5 Day Chart I have indicated the trading period for today with two black vertical line on 08/09/2022 DATELINE I 00:00 UCT +2
which will mark the start of the trading day for the October contract and 09/09/2022 DATELINE II 00:00 UCT +2. On both DATELINES I have traced the Fibonacci retracement tool to the UPSIDE as indicated in GREEN from the
current day DCB REF PRICE @ 81.90 USD (as indicated as a horizontal BLUE solid line on the chart)
and to the DOWNSIDE as indicated in RED from the current day DCB REF PRICE to +10 to the UPSIDE and -10% to the DOWNSIDE of the DCB REF PRICE.
This is the Maximum expected range of volatility for the day.
Today I have noticed this consolidation phase on the chart during the Asian session
with the 200 Day MA 5 Day Chart @ 83 acting as Resistance and the Fibonnaci level 0.5 @ 82.56 USD acting as Support.
I have extended yesterdays 07/09/2022 TRENDLINES I & II to intersect with todays DATELINE II and created a addition trend line by using the median of the previously mentioned trendlines
to project 3 potential scenarios labelled TRENDLINE I, TRENDLINE II and TRENDLINE III (as indicated by diagonal blue lines on the chart) to indicate where the price WTI CRUDE might close today as those lines
intersect the DATELINE II
83.30 USD = TRENDLINE I
79.47 USD = TRENDLINE II
75.64 = TRENDLINE III
83.30 USD seems most unlikely due to being above todays 200 Day MA 5 Day Chart @ 83 acting as Resistance
and outside of the range of Risk/Reward/Ratio 1:1 @ 1.89% using the Long/Short Position tools labelled in Green an Red between the time period of 09:00 and 17:30 UCT +2
79.47 USD is my EXIT POINT for today being the median between Trendline I & III as well a being near to the median between the psychological level of 80 USD and Lower Fib level 0.618 @ 78.77 on DATELINE II
75.64 USD seems too bearish for the day but probable for the end of the week since the curve on the 50 Day MA on the 5 Day Chart established aprox 07:00 UCT +2 seems to be forward indicator regarding this.
So my trade for today is as follow...
POSITION: SHORT
EXIT POINT: 79.47 USD (TRENDLINE II)
STOP LOSS : 83.57 USD
ENTRY POINT: 82.75 USD
FINANCIAL INSTRUMENT: 3 x leverage ETF tracking WTI on the LSE
Expected Profit 12% and Expected Loss 3%
Waves has waved a "Dead Cat Bounce"Happy Wednesday, Dear Swing Traders!
A very interesting price move we are currently experiencing on Waves. In fact, out of TOP 100 this coin has obviously managed to come to the stage of "DCB" (dead cat bounce) as the 1st one! The absolutely critical for DCB are: a small time-frame (one hour here) and a long weakness formation (the rising wedge here). As you can see with the current target highs @12 we are then likely to see the price @3, 2 and even 1 dollar. Enjoy watching DCB which you can bump into on quite a rare basis.
Yours,
ICBF Swinger Dagmar
#ZENTEC 3FLAG PATTERNIn #zentec #flag Patten Form on Daily Chart
Entry Above 2580 dcb
Target 3000 +
Stoploss 2450 dcb
Study Purpose Only
BABA Near SupportBABA forming like DCB, I think better wait Chinese news and wait about pattern. But if support breakout we can se DCB is programmed and we will see $90 is next support
$17k bitcoin, saylor hold on!capitulation day, could we be seeng $17k bitcoin? the longest of long term trendlines must hold at the 100 monthly moving average.
my worry is even if this bounces here we have broken a mid term trendline signifying that this could be a dcb (profitable dcb) - is bitcoin dying?
GoldShort with next Dead Cat Bounce (DCB) pattern- the green line. The previous DCB pattern- the red line- with a fail HS.
The price will repeat itself.
Stoploss above 0.5 fibo. 20ps
#KSCLPOSITIONAL
Triangle pattern formation
ENtry above 750 DCB
SL can be maintained at 690 DCB
Targets can be 880
Disclaimer: Educational View
Is BTC in an Elliott Wave X Wave? Long into a possible short.As the title states, is #bitcoin in a X wave or an impulse? Only time will tell the future at this point BUT as time progresses and as we fall further the chances of a valid X wave become more and more likely. EVEN with this idea we can still find a very valid trade set up based on the fact that we have made a 5 wave move from the lows that's 100% valid. So I am looking for a "Sister" move to follow sometime in the near future. Making this the low here will cause this idea to possibly turn into the impulse and not an X wave. Breaking below the last low IMO will open the doors to the running flat idea seen here as well and thus enhance the chances of the X wave. Breaking below the lows at 6.5K will cause the X wave to have a 75%-80% chance of being true. Breaking the purple line is allowed on low volume but must not be closes out of range of the DCB retrace between orange and yellow. Doing so will cause me to throw this entire idea out altogether and revert to new primary.
As of now I am looking for a buying opportunity to present itself. I want a close above the .68 as discussed and a break of the B to B TL seen there. A break and consolidation above will make me enter LONG, if price slides lower I will long the DCB zone below as it will be the most extreme of a valid flat and the R:R is really great at that point. The 100% outright bullish point will be closing 2-3 D1 candles over the W1 open.
Remember to always use your stop and practice good money management.
get the full detailed post with targets, fundamentals, and psychology added to the details.
www.elevate-trading.com
Cheers!
ZCL - Obsession is called Pump and dumpZCL - Obsession is called Pump and dump
ZCL is a crypto that is rated as the coin pump and dump of the market, as the DCB phenomenon continues.
We do not love crypto, but this is a crypto that is quite interesting because of the constant surprises it brings. At present we see ZCL still has a correction zone before falling back to the bottom about 10 times from the top. We advise you to be careful in dealing with ZCL.
However, there are opportunities to increase assets at the current price (Not encouraged)
EP: 51844 - 55873
Note: Always set SL for ZCL, which has a history of creating DCBs many times
TP: 92473: Recommend this point TP
TG: 121033
After this wave area, the selling force will be pushed down to the zone below 10,000 sts
Thank you for trading success, please feeback us the results and do not forget to follow nhé.
Love you all
Team Trade +
