#Rising Wedge chart pattern

[signode-blog]

Unveiling the Rising Wedge: A Comprehensive Guide to Technical Analysis

Technical analysis is a powerful tool used by traders and investors to analyze price movements and make informed decisions. Among the various chart patterns that technical analysts study, the rising wedge stands out as a significant pattern that can provide valuable insights into potential market trends. In this blog post, we’ll delve into the intricacies of the rising wedge pattern, exploring…

[forexeduline]

[starseedfxofficial]

The Not-So-Obvious 15-Minute Wedge: An Underground Gem When most traders look at charts, they see random lines zigzagging up and down like a toddler with a crayon. But those of us in the know? We see art, we see purpose, and in the 15-minute timeframe, we see an opportunity that moves faster than a sale at your favorite shoe store. (And, yes, unlike that pair of neon loafers you bought, this one is actually useful.) In this post, we're diving into the rising wedge on the 15-minute chart—a pattern that many dismiss or underestimate. But here's the catch: once you understand its potential, the wedge can become a true profit powerhouse in your trading arsenal. The Secret Behind the Rising Wedge Pattern The rising wedge pattern is essentially that one friend you have who seems to have everything going great on the surface but you just know there's a breakdown around the corner—kind of like that time I accidentally hit 'buy' instead of 'sell' and the market decided to take a dive, much like my optimism. The rising wedge is characterized by a gradually tightening upward channel that, surprise surprise, loves to fake people out before sending prices lower. A Quick Rundown of the Pattern To keep it simple, the rising wedge is a bearish reversal pattern. Yes, even when price action seems to be climbing, it's actually moving towards a setup for a decline. It forms when the price makes higher highs and higher lows, but the movement between those highs and lows starts to converge—like a spring coiling tighter. And what happens to a coiled spring when it releases? Exactly. Key Characteristics: - The channel gradually narrows as price action creates higher highs and higher lows. - Volume typically declines, hinting that buyers are getting less enthusiastic as they hit resistance points. - As the wedge narrows, watch for the big break below the support line. This is the ideal moment to enter a short trade. But here’s where the ninja-level tactics come into play: timing your entry, avoiding traps, and maximizing your profit (while avoiding the regret that rivals buying Bitcoin pizza in 2010). The Real Juice: Trading the Rising Wedge on the 15-Minute Timeframe Trading the rising wedge on the 15-minute timeframe is a bit like being at an exclusive club. You get to see moves developing before the bigger crowds catch on. Here are some pro tips to make sure you’re that VIP trader: 1. Look for Divergence—Your Early Warning System One way to boost your odds is by spotting bearish divergence on a momentum indicator (like the RSI). As the price continues to edge higher within the wedge, the RSI might be quietly calling it a day and forming lower highs. This tells you that the price rally is running out of steam. Pro Tip: Think of divergence as that friend who loves to tell you the truth, even when no one else will. It’s the market hinting, "Hey buddy, it’s getting a bit dicey up here." Use that to your advantage. 2. Know the Entry Sweet Spot—Where the Magic Happens The wedge is just about to end, and here’s the golden nugget: you want to get in just as price breaks below the lower support trendline. A lot of traders—the amateurs—wait too long. By the time they realize the wedge is crumbling, the move has already begun, and they’re left wondering why they missed it. Getting in early, within a 15-minute window, gives you the leverage to maximize profits while limiting risk. To make things even sweeter, place your stop just above the last high of the wedge. If it takes out the stop, guess what? It wasn't a valid breakout—meaning the market just did you a favor and kept you from a losing trade. Breaking Myths and Finding Gold Now, let’s bust a couple of myths about the rising wedge pattern: Myth #1: Rising Wedge Is Always Bearish That’s not true. Rising wedges can also form during uptrends, continuing the bullish movement. But here's the secret: it’s about context. In a 15-minute timeframe, you're more likely to find it acting as a reversal signal, especially in range-bound markets. Remember, not every wedge is born to fall, but they do love to trick traders into thinking the rally will go on forever. Myth #2: The Breakout Always Leads to Massive Moves The rising wedge breakout on a 15-minute timeframe doesn’t necessarily mean we’re going to the moon (or plummeting to the earth’s core). Sometimes, these moves are subtle. Recognizing the pattern and taking small, consistent profits is what turns you from average to exceptional. And isn’t that what we're all here for? Ninja-Level Exit Tactics Alright, so you’re in. Congratulations! But before you start patting yourself on the back, it’s important to know when to get out. One method is using the measured move, essentially calculating the distance between the initial high and low in the wedge and projecting it from the breakout point. Or, you could do what some pros do and set trailing stops—allowing profits to run until there’s a clear reversal signal. Avoiding Common Pitfalls We’ve all been there: staring at a chart, seeing a rising wedge, and telling ourselves, "This is the moment I’ve been waiting for." Only to realize after hitting the button that we were totally wrong and the market just played us like a bad sitcom plot twist. 1. Don't Force It If the wedge looks forced—like it's one of those 'kinda looks like' situations—leave it alone. Not every narrowing channel is a wedge. Real talk? If it looks like that one weird cousin at family gatherings, it’s probably not a valid wedge. Only trade those that are textbook perfect, or you’ll be kicking yourself when the market moves in the opposite direction. 2. Volume Matters As the wedge narrows, volume should taper off. It's a clear signal that traders are losing confidence in the continuation. But if volume is blasting off like fireworks on New Year’s Eve, maybe reconsider—you might be looking at something else entirely. Real-World Example: The Power of Patience A perfect real-world example happened earlier this year. A 15-minute rising wedge formed on EUR/USD, just around a major resistance level. Traders who recognized the pattern and patiently waited for the breakdown were able to ride the subsequent bearish move for over 40 pips. The pattern took nearly four hours to develop, but patience, in this case, paid off. It’s like the ultimate slow-cooker recipe—you have to let the flavors build. The Big Takeaway If there's one thing you should remember, it's this: the rising wedge pattern is a master at creating false hope. It tricks the market into thinking everything is peachy—only to suddenly shift gears. Learning to identify and trade this pattern effectively on a 15-minute timeframe gives you an edge most traders lack. And here's the part where I drop a bombshell: mastering this wedge can be simpler than you think when you understand context, volume, and divergence. Like any good strategy, it's about consistency, managing your risk, and never forcing a setup. So, the next time you see a rising wedge, treat it with the respect it deserves. Let it develop, keep an eye on those divergences, and be ready to pounce when the moment is right—before you end up like that friend who bought those neon loafers. Take Action: Ready to up your wedge game? Head over to StarseedFX's Free Forex Courses and get access to in-depth materials that'll make your understanding of wedge patterns sharper than ever. Or join our community at StarseedFX Community for daily alerts, live analysis, and ninja-level tips to stay ahead of the market. And don’t forget: you miss 100% of the wedges you don’t see. Let’s keep an eye out together. —————– Image Credits: Cover image at the top is AI-generated   Read the full article

[blockinsider]

Ethereum (ETH) Rallies Towards Recovery Amid BlackRock’s Ongoing Ether Accumulation

Key Points

Ethereum (ETH) is showing signs of recovery and bullish momentum after a recent 30% surge.

BlackRock’s ETHA and other Ethereum whales continue to accumulate Ether, indicating strong demand.

After a significant 30% increase last week, the price of Ethereum has been undergoing a correction in the past few days.

As the leading altcoin, Ethereum has a market cap of approximately $373 billion and an average daily trading volume of about $36 billion. It saw a 3% drop in the last 24 hours and is currently trading just above $3,100 as of the mid-London session on November 15, 2024.

Ethereum’s Price Movement

In a four-hour time frame, the price of Ethereum, when compared to the US dollar, has been forming a falling wedge. This signals the end of the second phase of the Elliott Wave Theory.

From a technical analysis perspective, Ethereum’s price needs to consistently close above the short-term resistance level of around $3,156 to validate a rally beyond $4,000.

The ETH/BTC chart is currently of utmost importance for Ethereum. This chart has been retesting a crucial support level of approximately 0.0347.

The ETH/BTC pair has been forming a potential reversal pattern in the daily time frame, along with a rising divergence of the Relative Strength Index (RSI). If Bitcoin’s dominance retracts from the current resistance range of 60 to 61%, Ethereum’s price will rebound towards its all-time high (ATH) and could potentially trigger the much-anticipated altseason.

In the event of a sustained sell-off in the near term, Ethereum’s price could find robust support around $2,950.

Ethereum Whales Continue Accumulation

According to on-chain data analysis from market intelligence firm Santiment, Ethereum whales have bought more than 430K Ether, worth over $1 billion. The overall supply of Ether on centralized exchanges decreased by over 13K in the past 24 hours, solidifying the rising demand from whale investors.

US spot Ethereum Exchange-Traded Funds (ETFs) have been the largest buyers of Ether in the last three weeks. Market data reveals that US spot Ether ETF issuers have accumulated more than $740 million in the past three weeks.

On Thursday, BlackRock’s ETHA and Invesco’s QETH registered a net cash inflow of about $18.87 million and $929K respectively. Grayscale’s ETHE saw the highest cash outflow of about $22 million, making the daily total net inflow for US spot Ether ETTs about $3.24 million on Thursday.

The Market Picture

The Ethereum network remains popular among institutional investors looking to tokenize real-world assets such as stocks, bonds, and real estate. Additionally, the Ethereum network continues to be the largest DeFi ecosystem, with a total value locked of about $57 billion and a stablecoins market cap of over $93 billion, despite the emergence of other layer one (L1) chains like Solana (SOL).

Ethereum’s layer two scaling solutions have enabled it to actively compete with other blockchains due to the low cost, vibrant online community, and reputable security.

[poshpriya]

Bullish Buffet: Knowing When to Feast on Gains in Trading with MintCFD

In the world of online trading, the “Bullish Buffet” approach is about feasting on gains when market conditions align just right. This mindset focuses on recognizing bullish signals and making the most of market opportunities without letting excitement lead to reckless decisions. MintCFD, with its powerful tools and data-driven features, offers traders a smart way to adopt this approach, helping them maximize gains while keeping uncertainty in check.

The “Bullish Buffet” Mindset

The Bullish Buffet isn’t just about grabbing profits — it’s about identifying the right moments to enter the market, based on solid analysis. On the MintCFD trading app, traders can leverage a variety of tools, like real-time data and types of trading chart patterns, to spot market trends and ensure that their decisions are informed and precise. Recognizing a bull market, which refers to a steady rise in asset prices, is critical. In these scenarios, a Bullish Buffet investor aims to “feast” on the gains that come from upward trends while remaining vigilant.

Identifying Bullish Signals on the MintCFD Platform

A bull market often brings strong momentum, which can be tracked using MintCFD’s analytical tools. With access to chart patterns like the Rising Wedge or Cup and Handle, traders can spot signs of a sustained uptrend. The MintCFD app also offers alerts and indicators to catch these moments early. For example, a breakout from a resistance level may signal a potential upward trend, giving a Bullish Buffet trader a clear opportunity to enter the market.

How to Implement the Bullish Buffett Strategy with MintCFD

Focus on Market Indicators: Using tools like moving averages, MintCFD traders can spot bullish trends early. By observing patterns and comparing them to historical data, traders can build a case for their decisions rather than relying solely on market sentiment.

Set Clear Profit Goals: The Bullish Buffet approach isn’t about greed; it’s about maximizing gains while the market is favorable. Setting clear profit targets in the CFD trading app helps traders lock in gains without holding on too long, reducing the likelihood of reversal losses.

Manage Hazards with Stop-Loss Orders: Even in a bull market, fluctuations can happen. MintCFD’s stop-loss feature allows traders to manage risk by automatically selling if prices fall below a set level. This way, traders can capitalize on gains without risking too much if the market turns.

Why MintCFD is Perfect for the Bullish Buffet Strategy

MintCFD provides a streamlined, data-focused platform for investors looking to make informed decisions. The app’s comprehensive set of trading tools allows traders to view trends, make quick decisions, and keep their focus on long-term gains. With features like instant market alerts, access to diverse chart patterns, and flexible trading options, MintCFD is a great fit for traders following the Bullish Buffet approach.

In Conclusion

The Bullish Buffet is about being prepared to “feast” on gains when the market is upswing while protecting profits from sudden drops. MintCFD’s advanced features make it easy to apply this strategy, helping traders make confident, timely decisions. MintCFD users can successfully navigate bullish markets and fully embrace the Bullish Buffet approach by focusing on real-time data and smart hazard management.

[cryptogirl2024]

Crypto analyst Egrag Crypto has set a bullish target for XRP, highlighting the $1.10 level as crucial for a potential breakout. In his recent post, Egrag named $1.10 the "Ignition Stage," suggesting that if XRP can close the week above this level and hold it as support, it could lead to significant gains. This critical level, according to Egrag, might allow XRP to move away from the $1 range entirely.

Egrag’s analysis outlines two ambitious targets for XRP. The first target is $6.40, a considerable rise from current levels. The second target, using a logarithmic approach, is set at $13, which would mark a transformative shift for XRP’s standing in the crypto market.

XRP is also trading within a long-term wedge pattern, with prices converging near the $1.10 resistance level. A weekly close above this level could initiate a strong upward trend. Currently, XRP trades at $0.5072, with recent fluctuations showing moderate volatility, but the chart suggests potential for upward movement, supported by a long-term rising trendline.

Investors are closely monitoring XRP as it nears $1.10, as a breakout could set it on a path toward Egrag’s target of $13, with the moving averages supporting a possible growth phase for the token.

[biguull]

Swing Trading Strategies

Swing trading strategies in the stock market mainly capture short- to medium-term price movements in a trend. Therefore, traders are poised to hold a particular position between several days and weeks in the hope of capturing 'swings' in the market. Basically, the strategies are patterned around the identification of chart patterns: double tops, falling wedge, upward rising channel patterns, etc. - on the basis of technical indicators like moving averages or pivots studying market trends.

Best Swing Trading Strategies

Box Breakout Trading

Pivot Point Trading Strategies

If you want to know more about Swing Trading Strategies, Swing Trading charges, Everything about Swing Trading, Click on the Link

https://bigul.co/insights/swing-trading-strategies

[palmoilnews]

TECHNICALS-CBOT soybeans may fall into $10.30-1/4 to $10.39-1/4 range SINGAPORE, Oct 3 (Reuters) - The CBOT soybean November contract SX24 may fall into a range of $10.30-1/4 to $10.39-1/4 per bushel, as it has escaped from a rising wedge. Instead of a bullish continuation pattern, the wedge turned out to be a top pattern. A wave C from $10.01-1/4 might have completed. The contract is expected to retrace towards the bottom of the wave B at $10.01-1/4 over the next few days. A break above $10.59-1/2 would open the way towards $10.67 to $10.77-1/2 range. On the daily chart, the contract is failed a few times to break resistance at $10.60. For three consecutive days, it closed below this barrier. A fall towards $10.20 seems more likely than a break above $10.60.

[coineagle]

Cybercriminals Shift $42.7M in Stolen Ethereum to Tornado Cash Following WazirX Meeting

Key Points

WazirX held a meeting to discuss recovery of stolen funds, while hackers continue to move large amounts of stolen ETH.

Technical analysis suggests ETH could drop to $2,200 or lower, amid market sell-off and bearish sentiment.

The digital asset exchange, WazirX, recently held a virtual townhall meeting to deliberate on strategies for recovering stolen funds. This comes in the wake of exploiters from WazirX, Penpiexyz, and Fenbushi moving millions in stolen funds, causing widespread concern.

The on-chain analytics firm, Lookonchain, reported on 6 September 2024 that these hackers had deposited a substantial 17,800 ETH (worth $42.7 million) into Tornado Cash within the past three days.

WazirX Exploiter’s Actions

After the townhall meeting, the WazirX exploiter moved 7,200 ETH (valued at $17.3 million) into Tornado Cash. There seems to be no intention to return a significant $235 million worth of crypto. Penpiexyz exploiters, who drained $27 million worth of assets, also deposited a substantial 9,600 ETH (worth $23 million) to Tornado Cash. These large fund transfers could incite panic and increase selling pressure in the already sensitive market.

Technical Analysis of Ethereum

The price action of ETH on daily charts appears extremely bearish. Following the breakdown of the rising wedge price action pattern on a daily timeframe, it consolidated for a week. At present, it’s breaking out of that consolidation zone with a daily candle closing below the zone.

Historical price momentum suggests that ETH could potentially drop to the $2,200 level or even lower. While the Relative Strength Index (RSI) is in an oversold area, which could potentially indicate a price reversal, current market conditions and whale activity make this seem unlikely.

At the time of writing, ETH was trading near $2,374 after a price drop of 1% in the last 24 hours, according to CoinMarketCap. Meanwhile, its trading volume also fell by 6% over the same period, indicating less participation from traders amid the market sell-off. However, ETH’s Open Interest rose by 1.2% in the last 24 hours, indicating an increase in ETH Future contracts despite the price decline.

[accapitalmarket]

UK Employment Data and US PPI Ahead: Technical Outlook for GBP/USD and EUR/USD

1. Pound To Driven by UK Employment

Recently, BoE Monetary Policy Committee’s member Catherine Mann warned that UK inflation might rebound in the coming months. She noted that while inflation has decreased, the price trend may take a long time to fully subside. Mann was one of the policymakers who voted to keep interest rates unchanged at the last meeting.

In August, the Bank of England cut rates by 25 basis points for the first time. However, the central bank took a cautious approach, indicating that more evidence was needed to confirm that inflation was under control. Therefore, future rate cuts may not be too fast or extensive. BoE stated that rate decisions would be based on “meeting-by-meeting”, leading to investors uncertainty about future rate path.

The market, however, currently sees another rate cut by the Bank of England in September, but this expectation largely depends on upcoming economic data. Today’s UK employment data, including average earnings, claimant count change, and unemployment rate, will provide some clues for traders. Strong employment data could hinder the September cuts probability, while weak data might reinforce the case for more cuts.

GBP/USD, D1

On the technical front, GBP/USD rebounded after touching around the 1.2700 level, which also coincides with the 200-day moving average support. This is the second time since May's uptrend that the pair has touched the 200-day MA, potentially marking the recent low.

GBP/USD, H1

In the short term, GBP/USD has rebounded after multiple supports in the 1.2700 to 1.2660 area and has broken above the 1.2730 short-term resistance. This rebound has formed a small trend reversal on the hourly chart, with a bullish crossover between the 20-hour and 50-hour moving averages. This suggests that the recent decline may have bottomed out, increasing the likelihood of a reversal.

Additionally, a wedge or ascending channel pattern has formed. If GBP/USD breaks above this pattern and the 1.2775 resistance level, further upside movement may be expected.

Today’s UK employment data could be a significant catalyst for GBP/USD. Meanwhile, US Producer Price Index (PPI) data, scheduled for release during the US trading session, could also impact the dollar. A lower-than-expected PPI might be bearish for the dollar, potentially driving GBP/USD higher.

2. US PPI Provides Inflation Clues

Tonight, the US Producer Price Index (PPI) will be the first major US economic data of the week for investors. This data could provide key insights into US inflation. If tonight’s PPI data indicates further easing of inflation from producer’s end, the Consumer Price Index (CPI) may also decline, which could strengthen market expectations for a Federal Reserve rate cut and weaken the dollar.

EUR/USD, H4

Following lower-than-expected US non-farm payrolls earlier in the month, EUR/USD saw a significant rise. Although there was a quick pullback after extending gains last week, the price has recently stabilized above the 1.0900 to 1.0910 range. Traders remain optimistic about the euro.

Maintaining above 1.0900 indicates continued bullish momentum, but additional positive factors are needed to push the price higher. Tonight’s US PPI data might serve as the necessary catalyst.

Currently, a clear price range is observed between 1.0910 and 1.0940. A breakout above the 1.0940 level could lead to further gains for EUR/USD. However, with tonight’s PPI data still pending, traders should monitor for potential breakouts from this range.

Disclaimer:

The information contained in this market commentary is of general nature only and does not take into account your objectives, financial situation or needs. You are strongly recommended to seek independent financial advice before making any investment decisions.

Trading margin forex and CFDs carries a high level of risk and may not be suitable for all investors. Investors could experience losses in excess of total deposits. You do not have ownership of the underlying assets. AC Capital Market (V) Ltd is the product issuer and distributor. Please read and consider our Product Disclosure Statement and Terms and Conditions, and fully understand the risks involved before deciding to acquire any of the financial products provided by us.The content of this market commentary is owned by AC Capital Market (V) Ltd. Any illegal reproduction of this content will result in immediate legal action.

[nuwanhemal]

BOTT Price Action Guide: Binary Options Turbo Trading, Forex, FX Options, Digital Options BOTT Price Action Guide: Binary Options Turbo Trading, Forex, FX Options, Digital OptionsThe ultimative Price Action guide (7 edition) for any kind of financial instrument (Binary Options, Forex, FX Options, Digital Options) any kind of time frame from 1 min over 5 min up to 15 min, 30 min and above and any kind of broker. This ebook is all you need, especially as a binary option turbo trader or Forex day trader to get profit out of the market, to get out of debt, make yourself a living or help your friends and family and to archieve financial freedom. Don't miss the opportunity to get this ultimative Price Action guide (7 edition)File Size: 12597 KBPrint Length: 118 pagesPublisher: BO Turbo Trader; 7 edition (October 24, 2018)Publication Date: October 24, 2018Content:Mindset for consistent profits- Practice- Win Rate- Discipline- Money Management- Emotions Candlestick Patterns- Hammer, Inverted Hammer, Takuri Line, Shooting Star and Hanging man- Dragonfly Doji, Gravestone Doji- spinning top - long-legged doji, high wave and rickshaw man- Pinbar - Pin Bar - Pinocchio bar or Kangaroo Tail - Tweezer Top and Tweezer Bottom- bearish harami, bullish harami and bullish harami cross and bearish harami cross- three inside down, three inside up- descending hawk and homing pigeon- bearish meeting line - counterattack line and bullish meeting line- bearish belt hold - black opening shaven head - black opening marubozu- bullish belt hold - white opening shaven bottom - white opening marubozu- bearish kicker signal - bullish kicker signal- matching high and matching low- bearish stick sandwich and bullish stick sandwich - bearish breakaway and bullish breakaway- ladder top and ladder bottom - tower top and tower bottom- three stars in the north and three stars in the south- bearish sash pattern and bullish sash pattern- engulfing candlestick pattern or the big shadow pattern- (bearish) dark cloud cover and (bullish) piercing line- Breakaway gap, exhaustion gab, continuation gap and common gaps- rising window and falling window- marubozu and big belt- inside bar and mother bar- evening star, morning star and evening doji star and morning doji star- three white soldiers and three black crowsChart Patterns- Double Top - M Formation - Mammies and Double Bottom - W Formation - Wollahs- J-Hook pattern and inverted J-Hook candlestick pattern- bearish last kiss - bearish pullback and bullish last kiss and bullish breakout- Head and Shoulders and inverted Head and Shoulders Pattern- Trend Channel - uptrend and downtrend- symmetrical triangle- ascending triangle and descending triangle- bullish flag and bearish flag - bullish pennant and bearish pennant - rising wedge and falling wedge- Broadening Bottoms and Broadening Tops- Rectangle Bottoms and Rectangle TopsConcepts- Candlestick Mathematics- Rejection - market move - weak snr and strong snr- trending and ranging market- minor and major trend- adapting forex strategies to binary options turbo trading- proper rejection - invalid rejection- false breakouts - channel breakouts- reversal and retracements- highest probability trading setups- high probability techniques- market pressures and types of market pressures- upper shadow and lower wick or tail- advanced candlestick charting techniques- overbought and oversold - oscilator - RSI CCI Stochastic Oscilator- different market conditions and market conditions examples- cycle of market emotions, psychology and dynamics- trading setups without rejections as confirmation - multiple time frame trading concept, system, methology and strategy- candlestick momenting- direction of candlestick momentum- inside swing and outside swing- support and resistance - minor snr and major snr and much more concepts ... Also by the same author: BOTT Mentorship Self-Study Video Pack 1-4 BOTT Price Action Indicator BOTT Price Action Bible by BO Turbo Trader

[rynattha]

Bagaimana cara mengetahui bahwa suatu narrative akan berakhir?

Sebelumnya telah dijelaskan bahwa narrative hanya bertahan 2-4 bulan dan setelah itu ada kemungkinan aset dari narrative tertentu tidak lagi mengalami kenaikan. Lalu pasti timbul pertanyaan, bagaimana cara mengetahui apabila suatu narrative tertentu akan berakhir?

#1 Sudah dibicarakan banyak orang

Salah satu top signal yang dapat diprediksi adalah ketika suatu narrative tersebut telah dibicarakan oleh "hampir semua orang". Ketika narrative sudah bersliweran di platform media sosial atau sudah masuk berita maka tandanya adalah narrative tersebut sudah akan berakhir. Pahami bahwa keuntungan terbesar terjadi ketika sesuatu masih sepi, bukan ketika semua orang sudah ada di dalamnya.

#2 Harga sudah tidak mengalami kenaikan signifikan

Tanda-tanda bahwa suatu narrative akan berakhir adalah harga sudah mulai mengalami penurunan kenaikan. Misalkan minggu lalu naik 30% namun minggu ini hanya 5% saja, hal tersebut menunjukkan "kejenuhan" dimana para pelaku pasar sudah tidak lagi memiliki tenaga untuk tetap mendorong harga naik.

#3 Volume mulai berkurang

Volume menunjukkan besaran transaksi perdagangan. Volume yang berkurang menunjukkan "interest" terhadap sektor tersebut mulai berkurang. Bisa saja para smart money ini "mulai hengkang" dari sektor tertentu dan melirik sektor lain untuk diinvestasikan. Disini harus dilihat dengan jeli potensi perpindahan sektor atau narrative untuk memastikan potensi keuntungan yang berlebih.

#4 Bigger time frame chart mengalami Change of Character (ChoCh)

Salah satu pertanda potensi narrative akan berakhir adalah chart di time frame yang besar mengalami perubahan trend dari bullish menjadi bearish. Potensi ChoCh bisa dilihat dari struktur pasar yang tertembus, trendline, ataupun trading pattern seperti ehad and shoulder atau rising wedge.

Semoga bermanfaat!

[starseedfxofficial]

Why Most Traders Miss the Force Index (And Why You Shouldn't) Picture this: You're at a car dealership, ready to buy the car of your dreams. Everything is perfect until they hit you with the fine print. Suddenly, that perfect deal doesn’t look so great anymore. Now imagine you're trading, and that hidden detail is the Force Index. Most traders overlook it, yet it could be the secret to turning your trades from "meh" to "heck yes!". Let’s get into why this tool is such a hidden gem. The Force Index measures the power of price movements. It tells you, quite literally, how much “force” is behind a price change. Unlike the RSI or MACD, which hog all the spotlight, the Force Index flies under the radar—and that's exactly why it's so powerful. This tool cuts straight to the core of what every trader wants to know: Are the big boys behind this price move, or is it just fluff? But here's where the real magic happens. Combine the Force Index with a Falling Wedge pattern, and you have yourself a killer setup. It’s like combining peanut butter and jelly—good on their own, but together, they’re iconic. Falling Wedge Pattern: Finding the Golden Entry Point So, what’s the deal with the Falling Wedge? Imagine you're trying to roll a giant boulder up a hill (why you'd do this, I don't know—but stay with me). Each time you push it, gravity fights back a little less. That’s a Falling Wedge in price action. It’s a bullish reversal pattern that starts off with sellers in control but ends with bulls slowly gaining strength. Here's a pro tip: Many traders treat the Falling Wedge like their favorite pair of comfy socks—they forget it even exists until they need a little comfort. But when paired with the Force Index, the Falling Wedge transforms into an advanced sniper rifle, giving you a highly precise entry point. For instance, a Falling Wedge forms over several weeks. At the same time, the Force Index shows increasing buying pressure despite lower prices. It’s like hearing someone repeatedly insist they're not interested in buying a car, yet they keep showing up at the dealership with money in their pocket—a clear signal that interest is growing. Hidden Opportunities and Ninja Tactics for Perfect Timing 'Most traders get this wrong, but here's your chance to sidestep the pitfalls.' The reason most traders miss out on the Force Index + Falling Wedge combo is simple: it’s not sexy. Everyone loves the MACD crossover or a candlestick engulfing pattern because they come with a sense of drama. But the true edge lies in mastering less celebrated indicators and knowing how to read between the lines. Here’s how to do just that. - The 2-Step Confirmation Trick: - First, watch for a Falling Wedge and a clear breakout on the price chart. Easy, right? - Next, pull out the Force Index. If the index shows rising buying pressure, it’s like getting insider info at the racetrack—a surefire signal to place your bet. - Divergence Party (Everyone's Invited): - If you see price forming a Falling Wedge while the Force Index diverges upward, get ready for the party. This divergence tells you buyers are gathering strength while prices fall—and that’s your moment to shine. Most traders see a falling price and think "Oh no!" Instead, you should be thinking, "Oh yes! Opportunity ahead." - Setting Stop-Loss: The Lazy (but Smart) Way: - A lot of traders set stop-losses like they pick shoes on sale—blindly, without checking if they fit. With this strategy, your stop-loss goes just below the Falling Wedge’s lowest point. This is because when a wedge breaks out and the Force Index supports it, that’s as solid as it gets. Case Study: Outsmarting the Pros with a Simple Trick In early 2023, EUR/USD formed a classic Falling Wedge. While most traders were running scared from the downtrend, a select few who knew about the Force Index saw it differently. The Force Index showed steadily increasing pressure, even as price consolidated lower. That divergence told those traders that buyers were, in fact, gaining the upper hand. The result? EUR/USD rallied by over 500 pips in a matter of weeks. Traders who paid attention to the Force Index entered long positions right as the breakout happened. Meanwhile, everyone else was left scratching their heads, wondering what they missed. Why Understanding Market "Force" Makes All the Difference There’s a common misconception that the best trading tools are the complex ones—the ones that come with fancy acronyms, and algorithms only mathematicians could love. But here’s the thing: it’s often the simplest tools, like the Force Index, that hold the most value. Think of the Force Index as your "behind-the-scenes" look at the market’s true emotions. Are the whales accumulating positions while the price drops, or is it just a bunch of retail traders getting cold feet? Knowing the answer to that question is the difference between success and staring blankly at another missed breakout. Injecting Emotion and Empathy: We’ve All Been There The truth is, we’ve all fallen into traps when trading—like trying to catch a falling knife or buying a "hot tip" that turned out colder than a winter in Antarctica. By mastering the Force Index and the Falling Wedge combo, you're learning to recognize when to push forward and when to hang back—like knowing exactly when to start that boulder rolling down the hill instead of trying to push it uphill. And let’s not pretend it's always easy. Watching a price fall while you're prepping to buy feels counterintuitive. But that’s what makes the Force Index your secret weapon—it provides that extra ounce of confidence to act on those gut feelings. Ninja Moves: The One Simple Trick That Most Traders Don't Know Most traders underestimate how vital it is to add volume to their analysis. The Force Index works best when it's telling you a different story than the price. A ninja move here is using the Force Index in conjunction with moving averages. If the Force Index spikes above its moving average during a Falling Wedge breakout, then my friend, that’s your golden signal. Another underrated approach? Zooming out! Often, the context you need isn’t visible on a 15-minute chart. Take a step back to the daily or even weekly timeframe. The more you zoom out, the more reliable your Force Index readings become, allowing you to ride the big waves that smaller traders only dream of. Why Most Traders Get It Wrong (And How You Can Avoid It) The biggest mistake? Not sticking to the plan. It’s easy to get caught up in the moment—maybe you see an influencer on YouTube yelling about a “lifetime opportunity” or you read a tweet hyping a potential crash. However, the best traders stick to their strategy no matter what’s trending. Remember, the Force Index + Falling Wedge isn’t about finding every reversal or capturing every pip. It’s about identifying setups where you have a significant statistical edge—and milking them for all they’re worth. Apply What You've Learned So, here’s the challenge: The next time you spot a Falling Wedge, pull out your trusty Force Index and see what’s really happening. Is the force with you or against you? Apply the insights you’ve gathered today to differentiate between a true breakout and yet another false hope. If you want to go even deeper into Forex tactics and unlock insider tips for elite-level trading, check out our advanced methodologies and community resources: - Expand your knowledge with in-depth strategies at StarseedFX Free Forex Courses - Get exclusive, real-time updates at StarseedFX Forex News Today And hey, if you think you're ready for the next level, join the StarseedFX Community for live trading insights, daily alerts, and a group of traders who know what it’s like to chase hidden opportunities. Until next time, trade smart, and may the force (index) be with you! —————– Image Credits: Cover image at the top is AI-generated   Read the full article

[mood-report]

Two Weeks Above The Fib Zone

Months ago Mood Report noted the 5296.44-5325.55 Fibonacci confluence zone as a technical "line in the sand" for the long-standing B-wave thesis.

The SPX has closed above this zone for two consecutive weeks now.

Theoretically it could keep going and still remain a B-wave, but at this point it feels better to consider other alternatives.

Just typing "feels better to consider other alternatives" is enough to warn me that it may be a bad time to do so.

But since it will not change my allocation, I'm OK with it.

Aside from a long portfolio that hasn't really changed since 2019 (oil, uranium, gold miners, bitcoin) I've been strictly "calls only" for speculative upside for over a year now, and I've bled profits using cheap OTM put spreads for downside speculation for over a year as well. At least it's kept my pencil sharp.

I will continue this playbook regardless which course the market takes. For me, it's just a question of wave counts.

Admittedly, I hesitate labeling a potential B-wave as a potential 3rd wave in the first chart, but seeing how the ultimate assumption is a rising wedge pattern, I think the market can reserve the right to be opaque (thus B-wave-like) vs demonstrating some of the "relentless" traits indicative of 3rd wave personality as exemplified by several popular stocks (NVDA, etc.).

Gold, bond yields, and yen are suggestive of rising wedge patterns as well, so we seem to be playing a bit of Jim Rogers' Three Dimensional Chess at the moment which could continue to build in intensity.

Anyway, it's summertime in New England. I'm not over thinking this.

[market-news-24]

This week, the price of gold is at the forefront of trading activity, with experts like James Stanley from Forex.com predicting a potential rise to $2,500. Stay updated on the latest Market trends and make informed investment decisions. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post const downloadBtn = document.getElementById('download-btn'); const timerBtn = document.getElementById('timer-btn'); const downloadLinkBtn = document.getElementById('download-link-btn'); downloadBtn.addEventListener('click', () => downloadBtn.style.display = 'none'; timerBtn.style.display = 'block'; let timeLeft = 15; const timerInterval = setInterval(() => if (timeLeft === 0) clearInterval(timerInterval); timerBtn.style.display = 'none'; downloadLinkBtn.style.display = 'inline-block'; // Add your download functionality here console.log('Download started!'); else timerBtn.textContent = `Claim in $timeLeft seconds`; timeLeft--; , 1000); ); Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Gold prices have recently broken out of a falling wedge pattern, signaling a potential rally towards surpassing its all-time highs. According to James Stanley, a Senior Strategist at Forex.com, the movement of gold prices has been volatile lately, with prices hitting a high near $2,400 per ounce before experiencing a significant pullback. Despite this setback, gold managed to hold support above $2,300, creating a falling wedge pattern on the daily chart. This week, another technical pattern emerged as a Fibonacci retracement showed inflections at different levels. The pullback from the high led to a rally followed by a pause at the 61.8% retracement level around $2,372.68. Subsequent price movements have shown support at the 38.2% retracement level, indicating bullish momentum in the Market. Looking ahead, there is speculation on whether gold prices will close above the $2,400 level, a key resistance point. If achieved, gold could target $2,417 and $2,431 before rallying towards $2,500 per ounce and beyond. Despite forming a triple top pattern just below $2,400, gold prices experienced a minor decline, trading at $2,376.42 at the time of writing. Overall, the outlook for gold remains positive, with potential for further upside as investors closely monitor key resistance levels. However, it is important to note that the views expressed in this article are solely the author's, and readers should exercise caution when making financial decisions based on this information. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_2] 1. What is the current price of gold? The price of gold is $2,500 this week. 2. Why is gold in play this week according to Forex.com’s James Stanley? Forex.com's James Stanley believes that gold is in play this week due to Market conditions and potential economic indicators. 3. Should I invest in gold this week? It depends on your individual financial goals and risk tolerance. It is always recommended to consult with a financial advisor before making any investment decisions. 4. How can I track the price of gold throughout the week? You can track the price of gold through financial news websites, trading platforms, and by following experts like James Stanley on Forex.com. 5. Is it a good time to buy or sell gold? The decision to buy or sell gold should be based on your own research, Market analysis, and financial goals. Consider factors such as Market trends, geopolitical events, and economic data before making a decision. Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators [ad_1] Win Up To 93% Of Your Trades With The World's #1 Most Profitable Trading Indicators Claim Airdrop now Searching FREE Airdrops 20 seconds Sorry There is No FREE Airdrops Available now. Please visit Later

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[cryptogirl2024]

Bitcoin dominance (BTC.D) has broken down from a rising wedge, a bearish signal potentially opening the door for altcoin gains. Analyst Captain Faibik noted that BTC.D’s drop from this pattern suggests a weakening of Bitcoin's dominance, with a possible target around 45%. Historically, such declines in BTC.D have led to stronger altcoin performance, as investors reallocate to alternative cryptocurrencies. A projected dip to 42% could further fuel this trend.

While BTC.D’s short-term outlook appears bearish, Captain Faibik remains bullish on Bitcoin’s long-term prospects, pointing to a bullish ascending triangle pattern on the monthly chart. Bitcoin recently broke out of this pattern, signaling a potential rise to $170,000 in the future. Currently, Bitcoin trades at $67,870.44, down 1.23% over 24 hours and 4.22% over the week, with a market cap of $1.33 trillion. This divergence between BTC dominance and Bitcoin's potential underscores the market's dynamic nature.