#Nio long trade idea based on VP analysisNio was a bullish stock until the China fears took over the market. It still commands a good brand recall in China and should recover its price crash as China unlocks
The chart also suggest a squeeze breakout and volume study gives us probable targets for the immediate short term . welcome comments and dissenting views
Volumeanalysis
SPX: It is not breaking our RESISTANCE! How to proceed?Hello traders and investors! Everything is going according to the plan here, and the index is struggling at our resistance around 4,168. Let’s see what to expect from here.
First, the index did exactly what we expected in our last analysis, as it broke the green line at 4,128, and it is seeking its next resistances. The 4,168 is working well for now, and it seems it won't be easy to break it. The link to my previous analysis is below this post, as always.
Now is the third time the index is struggling at this resistance. Since it is in a bull trend in the 1h chart, as it is doing higher highs/lows, any correction up to the red line at $ 4,073 should be considered an opportunity to buy. However, we must not lose the red line, otherwise, this would ruin the bullish structure.
In the daily chart, the index is still trading above its 21 ema, and above the 4,090 (the trigger point of this Double Bottom chart pattern), meaning, it is still bullish in the daily chart too. As long as we stay above our support levels, the 4,300 is the next resistance to aim for.
The index just started its reversal, so the situation is still delicate. The volume is still lower than usual, and this is annoying. Nevertheless, for now, everything is going according to the plan.
I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
CME gap 9 may 2022Hello friends.
are you okay?
thanks god...
because crypto market open green in monday we can still see it bullish for mid time.
and we have some factors that show this opinion and strenghen our analyze
lets look at them :
1-we can see two important levels of fibo retracement around CME gap.
these levels are 38.2% and 61.8%.
so we have an overlap area here.
2-we have a gap in CME from 9 may 2022.
because of weak momentum market couldnt fill it until now.
but if we breakout this pattern that i illustrate in chart we can fill it!
3-we have an old trendline that can be act as an resistance level there.
4-moving average 55 is here just around levels that cme gap occured.
5-and in the end i see increase in volumes in lower levels of this pattern
and it could be showing that we have good supports in this levels.
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dont forget to manage your capital and risk.
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if you take a trade you must set a good stoploss.
(NOTE!!! this article is my own opinion and its not a trade advice.
please tarde on your own opinion and use others opinion to improve your
analyze.)
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so i will do that.please support me and i wish use your experience
and you can help me to improve my abilities.
thank you all.have good days.
Have we fully capitulated? What the market is telling you. Overall sell volumes have already exceeded prior bear-market sell volumes. This may be a good sign that the all-important mass capitulation has already occurred now and we are simply still within a long, extended bounce that is exaggerated by the FED pivot.
**This is my opinion based on chat data. Not financial advice.**
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EUR/AUD continue with the Downtrend .. Right now!On EUR/AUD is nice to see strong sell-off from the price 1.50630 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Support from the past + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
$TSLA Long term PT 1,700 and higher Timeline: Feb 2023Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
$DRV PTs 56-100 and higher 3X Bear Real Estate ETFThe fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). The index is provided by S&P Dow Jones Indices (the “index provider”) and includes securities of companies from the following industries: real estate management and development and REITs, excluding mortgage REITs. The fund is non-diversified.
$BVNRY PTs 300-400 and higher Bavarian Nordic is the only company with an FDA approved Monkey Pox Vaccine
Bavarian Nordic A/S develops, manufactures, and commercializes life-saving vaccines. The company offers non-replicating smallpox and monkeypox vaccines under the IMVAMUNE, IMVANEX, and JYNNEOS names; rabies vaccine for human use under the Rabipur/RabAvert name; tick-borne encephalitis vaccine under the Encepur name; and Ebola vaccine under the MVABEA name. It is also developing MVA-BN (freeze-dried) that has completed Phase III clinical trials for the treatment of smallpox; MVA-BN RSV, which is in Phase III clinical trials for the treatment of respiratory syncytial virus; ABNCoV2 that has completed Phase II clinical trial for the treatment of SARS-CoV-2; and TAEK-VAC, which is in Phase I/II clinical trial for treatment of advanced HER2 and brachyury-expressing cancers. It has license and collaboration agreement with AdaptVac; and license agreements with National Cancer Institute and Public Health Service. The company operates in the United States, Belgium, Germany, the Netherlands, Sweden, Switzerland, Austria, the United Kingdom, Japan, and internationally. Bavarian Nordic A/S was incorporated in 1992 and is headquartered in Hellerup, Denmark.
SPX: Hit our target! What's next?Hello traders and investors! We nailed another target on the index, but it seems it wants to do a top sign now. The link to my previous analysis is below this post, as usual. Let’s see what’s going on.
First, in the 1h chart, it broke our target at 4,096, and it is trading above this resistance. Since it is a bull trend in the 1h chart, any pullback to the 4,096 or even to the 21 ema should be considered just a pullback. The next resistance is at 4,300.
Yes, the index is trying to give us some top signs, but it is too soon to tell if it’ll correct or not, as we don’t see a clear bearish structure yet.
Let’ see the daily chart now.
Yes, we broke the red line at 4,090, triggering a Double Bottom chart pattern in the daily chart. Despite the correction today, we are still above this line, and above the 21 ema, indicating that this is a reversal, indeed.
The only problem with this is the low volume, but as long as the index stays above its support levels, the situation will remain under control.
Everything is ok for now, and I’ll keep you updated every day on this, so remember to follow me to keep in touch with my daily analyses!
HNTUSDT - Short - 1:7 ReturnHigh volume + open interest divergence is the perfect recipe for exhaustion. The recent rally was mostly short-covering hence why no significant uptick in O.I.
I anticipate a corrective move to the 0.5 fib level. If the price manages to close above 8.56, or if the O.I catches up, I'd close my position.
S&P 500: Volume Profile Trading Analysis 📊On S&P 500 is nice to see strong buying reaction from the price 4130 and 4067 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
Head and shoulder pattern - Gail ind As we see financial result of Gail india was not good.
In 1day time frame of Gail india chart we see head & shoulder pattern with heavy selling in it as obvious due to results. According to it if it down from 142 level and sustain than our target for deep is 135 127 122 ( thz was exceptional one) bcz 127 was measured support for Gail india
📊How to use the VOLUME indicator? Tutorial for traders!The volume indicator is so universal that it is used by most traders, no matter what their trading style. I will talk about the main methods of using this indicator in this idea.
📊What is the volume? A volume indicator is data from the exchange on how much cryptocurrency or shares were traded during a certain period of time. Volumes are displayed in the form of bars. The more bought and sold, the higher the bars on the indicator.
How can I use volumes?
✅Volumes show large trades, which helps to understand the sentiment of the market (bullish or bearish). In this GMT example, you can see how traders bought this coin 4 times and did not "let" the price go lower. After that, you could open a profitable trade on a breakdown of the trend line.
✅Test levels as support. The same principle as in the first example, but here there is a clear test of the level by the price. Volume growth in this case helps you to understand the strength of the buyers and open your trade!
✅False breakout is a situation in the market when the price breaks through a key level for a while and comes back under it. This pattern happens very often in the cryptocurrency market. The volumes grew, which shows a large amount of traded volume, but the price did not go higher and showed weakness, and then Bitcoin fell. Keep this pattern in mind.
✅Divergences. You can see a divergence in the Bitcoin price. Divergence is when the indicator and price values start to be different. As volumes rose, so did the price. After volumes began to fall and the price continued to rise, a divergence formed and Bitcoin fell by 50%. Divergences can be looked for in any cryptocurrency and any timeframe.
✅Indicators. Volumes are a classical indicator, on the basis of which many other well-known indicators are built: VWAP, OBV, etc.
⚙How can I add the volume indicator to the chart? You need to open "Indicators" on the top panel of TradingView and write "Volume" in the search bar. After clicking on the title, it will automatically be added to the chart.
🚩On what timeframes can I use volumes?
Volumes can be used on all timeframes, but it all depends on trading style:
1️⃣ Scalpers watch volumes on lower timeframes: 1m, 5m, 30m. In this way they can identify if the price reacts to a key level, trend line or value zone;
2️⃣ Swing traders use the indicator on timeframes from 1 hour to 1 day. By the same principle as scalpers, you can identify the reaction of other traders to a particular level. For example, Bitcoin has fallen to $50,000 and touched a key level where other traders' buy orders may have been placed. If there were really a lot of bids there, then on the volume indicator, you will see the bars rise as well as price rise. If there was no growth in the bars, it means that most likely the price will fall further.
3️⃣ Long-term traders use the indicator on timeframes from 1 day to 1 week and more. With the help of volumes on higher timeframes, you can identify large liquidation zones on exchanges, important resistance and support levels.
Friends, if you still have questions about how to use the volume indicator, write in the comments. What other methods of using this indicator do you know?
💻Press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Relationship Between Price & volume & open interesthello everyone.
today i want to explain the relationship between price and volume and open interest.
we know that open interest means the number of positions (long/short)that is open.(in short OI)
if the price going up and volume and OI is going up too we can see very strong bullish sentiment in market.
if price going up but volume and OI going down it means that the price weakening and long positions is closing
so we have bearish sentiment in market.
if the price going down but volume and OI going up it means traders interst to open short positions
and the sentiment is very bearish.
and in the end if the price is going down and vol and OI going down too we can understand that
traders are tired from falling and want to close their short positions so we have a bullish sentiment in market.
hope that this is useful for you.
if you support me i will try to be better day by day...
thank you friends
What's with the Volume on this coin?
Looking at WLUNAUSD, the one thing that I'm seeing is that the Volume of trading on this coin seems to be exponentially greater than what it was when it was at even it's greatest value, or at any time before it crashed.
Is this basically vulture trading, looking to take advantage of the resulting volatility at the bottom here? Or is this some sort of accumulation? The volume spike happened maybe a day after this coin hit its theoretical bottom.
AUDUSD Short Setup - Double Top 4 HourHi Traders,
Happy Wednesday!
Today, I am looking at the potential double top we have playing out on AUD/USD in the 4-hour time frame.
We can see that price has been in an ascending channel and following along the ascending trend line.
We may have broken the trendline but we need to see full confirmation by seeing an impulsive close below the yellow neck zone.
If price and volume show a decent impulsive move that closes BELOW the neck zone, I will then be waiting for a retracement back up into the neck zone.
If the retracement happens, I will then and only then open up a short position with two targets.
Remember, volume is key.
We have divergence on the MacD,
We see buyers are weakening out on the MA Lines as well as the histogram.
This just adds confluence to our setup but we need to see that impulsive close below the neck zone.
First target – 0.70 with a risk to reward of 1.3
Second target – 0.695 with a risk to reward of 1.5
Trade safe out there!
The Vortex Trader
EUR/AUD: Day Trading Analysis With Volume Profile On EUR/AUD is nice to see strong buying reaction from the price 1.4915 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale