Bitcoin is in the midst of completing an inverted head - and - shoulders price pattern, as can be clearly seen in
the daily chart above (Chart # 1).
Let's see what happened after this pattern appeared.From
the daily chart above, you can see the a confirmation of what I have just said.
Unless you've been trading key support and resistance levels for a while, the GBPNZD
daily chart above should seem very typical.
The NZDJPY
daily chart above shows more than a year's worth of price action.
On the surface, the EURUSD
daily chart above is simple.
Look for an engulfing candle (on the bodies) on
the daily chart above the 50 sma and then turn to the weekly to see if the rsi is pointing up.If you want more info just e-mail me.
In the event of high volatility, rather than gentle consolidation,
the daily charts above may help you keep the dominant trend and «big picture» in your mind.
Not exact matches
There has been a wide range of returns in the three - and 12 - month periods following
daily closes of the VIX below 14, as the
chart above shows.
As the
above daily chart confirms, the ETF now appears ready to breakout
above this extended range.
$ KBE is back
above its 10 - week moving average, and the price action moving in a tight, sideways range
above the rising 20 - day exponential moving average on the
daily chart (not shown).
$ IHI broke out from its last base three weeks ago, and the price is still trading near its highs (
above the 10 - day moving average on the
daily chart).
For the sake of brevity, we will skip analysis of the Dow Jones SPDR ETF ($ DIA) because both its
daily and weekly
chart patterns are quite similar to SPY
above (broke down firmly below its 50 - day moving average yesterday, and is also coming into support of its year - long uptrend line).
The weekly
chart below shows the long - term uptrend in TMF, while the
daily chart that follows shows the potential breakout
above the intermediate - term downtrend line.
On the
daily chart below, notice that the 20 day moving averages recently crossed
above the 50 day moving average, which is a bullish signal, although the 200 - day moving average (orange line
above the current price) has not yet started sloping higher.
The breakout
above resistance on the weekly
chart, combined with the pullback on the
daily chart, provides for a positive reward - risk ratio for this ETF trade setup.
Drilling down to the
daily chart interval below, we see the 50 - day moving average (teal line) now trading
above the 200 - day moving average (orange line), and both indicators are moving higher.
Based on the weekly and
daily chart patterns
above, we have officially added $ IBB to our watchlist as a potential swing trade setup on the short side.
Although not shown on the weekly
chart above, the
daily chart of the NASDAQ shows the index in danger of breaking near - term support of its 3 - day low.
This
daily bar
chart of ALOG, below, shows that prices gapped to the upside in early March breaking
above the highs of October and December.
On the
daily chart we see the price has surpassed and is about to close
above the Monthly Pivot Range high, this is a significant event in that it demonstrates the bias has shifted from the many weeks of bearishness, to one of bullishness.
The
daily chart showed that the stock was
above a «golden cross,» which supported an opening buy for 2017.
The
daily chart also gives us a view that suggests that XRP was likely to close (as at 5 March)
above $ 1.04329 (descending trend - line resistance on the
daily chart), signaling a bullish breakout on the
charts.
Zooming into the shorter - term
daily chart of $ USO, we see that the ETF broke out
above resistance of its short - term downtrend line (from the April 2 high) just two days ago and is holding the breakout:
As the
daily chart below illustrates, the price action of IOC was holding
above its 20 - day exponential moving average (the beige line), in a narrow range, for the preceding three weeks.
We'll start by taking a look at the
daily chart as it appeared prior to our March 12 buy entry: A tight consolidation near the highs, holding
above the 20 - day -LSB-...]
The entry, exit, and overall price action described
above can be seen on the
daily chart of $ AMD below:
The video
above shows multiple profitable pin bar trades that occurred on the
daily GBPJPY
chart in 2009.
Zooming in to the shorter - term
daily chart interval below, we see that $ TAN broke out
above a month - long base of consolidation yesterday (February 13), but closed near its intraday low.
Looking long, if price can break and hold
above level 1 (ideally indicated by a
daily close
above it) then the potential upside is illustrated in
Chart 2.
As evidenced by the
daily charts of QQQ and SPY
above, both of these ETFs, and by extension the broad market, have a considerable number of both near - term support and resistance levels.
Finally, upon drilling down to the
daily chart, notice the price is just
above the rising 50 - day moving average:
GE GE, -1.76 % investors and hard - hit retirees, who haven't had much to cheer about lately, may like the
chart above from The Wall Street Journal's
Daily Shot.
United Parcel Service Inc. is
above a «golden cross» on its
daily chart with a positive but overbought weekly
chart, which indicates that a positive reaction to earnings may be priced - in.
The shorter - term
daily chart of $ KOL below shows the 50 - day MA (teal line) starting to trend higher over the past few months and the 20 - day EMA has now crossed
above the 50 - day MA and is pointing higher.
As you can see below, the
daily chart of $ EWT shows the bullish basing action that has formed since the 50 - day moving average (50 - MA) crossed back
above the 200 - day moving average in September.
Yesterday on the
daily chart we see the price has surpassed and closed
above the Monthly Pivot Range high...
Otherwise, conservative traders should wait for surges
above $ 180 in the
daily chart before looking for longs in the 4 HR
chart.
The
chart below, by Zack Labe at the University of California at Irvine, shows how
daily average air temperatures over the Arctic (red line) have spent most of January and February substantially
above average (white line).
According to the DRI, smokers require extra vitamin C, and should add 35 mg to their
daily RDA from the
chart above.
CONTENTES: Directions 10 Turkey Facts anchor
chart 10 at level cut and paste worksheets 10
above level cut and paste worksheets Great for whole class, small groups, language arts centers, word work,
daily 5, guided reading, poetry notebooks, or homework.
The
above chart reveals the effect higher prices and lower market share have had on
daily consumer spending, with self - published authors gradually chipping away at market share lost by major publishers.
As you can see from the
chart above, this ADR indicator prints a text label in the upper - left hand corner showing the average
daily range as well as the current day's range.
Next, let's compare that 5 minute
chart above to a
daily chart time frame of the same market; USDJPY.
In the
above forex trading video we are looking at a live GBPJPY reversal bar forex setup that formed on the
daily chart.
If we zoom out on the
daily chart again, we can see the technical picture for gold looks very bullish now that we are
above that 1300 resistance, and until prices collapse back below that support, we can assume prices are contained higher and will continue trending higher.
We will be looking for 1 hour, 4 hour or
daily chart price action buy signals this week on any weakness whilst price is trading within or
above that support zone.
The
chart above shows the
daily bars of SPY, the S&P ETF.
The best way to determine if a market is choppy is just zooming out on the
daily chart and taking in the bigger picture as I discussed
above.
Meanwhile, you can try the free NinjaTrader version for
charting and simulation trading for
daily time frames and
above.
Its been 6 yrs fx trading and i am returning back to the basics of Discipline you have written about... I think to start a new by moving up to 4 hr and
daily from the smaller
charts... also having a trading plan written down on paper so to review how well I followed my plan... I have been to emotionally tied to my trades, i think the
above changes will break this link..