SELL EURJPYSell opportunity on EURJPY. The price had been channeling up and then break the support multiple times. Eventually the price break the nearest channel's support indicating there will probability to continue to the next key level. I set the stop loss on the previous candle wick's high and the TP point on the key level below (Yellow line).
On Balance Volume (OBV)
$DNA Possible Accumulation. Fib levels very reactive.A pretty compelling argument for a classic Wyckoff Accumulation pattern. We know some people like Woods are investing heavily into this market, so it's not a long shot to assume there are others. Whether we see a spring or LPS our way up to SOS is TBD, we could shoot in either direction as it stands. PTs are at $7-$15 according to analysts. This seems to line up with extensions. OBV shows each consecutive low on the PA is higher on the OBV. This is a great indication of an increase of strong han
Hunting Breakouts with Bollinger Bands and OBVThanks to zAngus for the idea, here is a simple trading strategy that uses two tools: Bollinger Bands and OBV to find moments when an asset's prices can increase or decrease.
First and foremost, please note that this explanation is simplified and only covers the basics. Each individual can develop their own settings and adjustments according to their own preferences.
Imagine that you are looking at a price chart of an asset. This chart shows how prices have changed over time. Sometimes pri
⚠️ SPY with OBV in bearish divergence📈 The chart continues with higher funds, but the volume does not follow this movement as demonstrated by the OBV.
Which signals a bearish divergence. 🐻❄️👎
🤔 I believe there could be a spike just to liquidate the positions, leading to a big trap:
🛑 Furthermore, the OBV has just broken the white dotted line, entering the red zone, overcoming the fall of the Corona Crash for the worse:
🤥 That is, the price is higher than Corana Crash, but the volume is lower...
☁️The market can be manipulat
BNT/BTC is having a divergenceWill BNT pop up? The OBV indicator is going higher while price is going sideways.
Bancor protocol is buying its own supply back. They quit minting new coins and are burning BNT.
They are developing a new AMM where the trading fees will always be paid in BNT.
The tokenomics are starting to look better.
B
Is software ever coming back? $DV is leading the recoveryDoubleverify Hldgs Inc help brands improve the effectiveness of their online advertising.
I bought half a position and so far the price hasn't under cut its support at $25, just were my stop is. For me this is a really good sign, considering what the SP:SPX is doing.
The bad thing is that the OBV and ROC is signaling a bearish divergence. If I had full position I'd have cut it in half.
So, as long as it doesn't break from the $25 support I'll hold my position.
If price goes above $29.50 I'
Bitcoin - OBV touchpoint timing scenario ⭐️Bitcoin
OBV touchpoint timing scenario ⭐️
Counting the days from OBV touchpoint to the OBV bottom...
...we find each 127 bars on the 2-day chart
Transferring the 186 bars from OBV touchpoint to OBV breakout...
...October might get Pumptober
Comment & FOLLOW appreciated
*not financial advice
do your own research before investing
Bitcoin's weekly OBV, NVT and Hash Ribbon Bear Market ChecklistTL:DR: The Bear market inflection is NEAR, it has not occurred. More time to accumulate (or get wrecked using margin). QRD: Bottoming structure not yet clear, OBV 10 has not bullishly crossed the 20 below 100 yet. Price still below blue resistance line. NVT shows bear market inflection, as does the Hash Ribbon. Inflection score is 2/6.
Introduction
There are two major concepts this post is broadly dealing with. The first one volume and its interpretation and the second is looking at bitc
CAD/JPY - 1H - Rising WedgeCAD/JPY is in a bullish trend, making HHs and HLs and forming a Rising Wedge . The price action is currently making a pullback into the rising support which has a confluence of slow MA dynamic support.
The Bullish Bias is based on the following signals:
Bullish trend (price making HHs and HLs)
GMMA: fast MA above slow MA with separation
Slow MA acting as dynamic support
RSI above 50 and not too near overbought levels
OBV convergence with price (uptrend has conviction)
Expecting b
Could CPI data help the US30 confirm a continuation? Hi, and welcome to today’s update. In today’s video update, we’re looking at the US30 and wondering if today’s CPI could break the consolidation deadlock we are currently seeing price sitting in.
Price continues to be held in an ascending triangle pattern, and in uptrends, these are typically seen as continuation patterns. We can clearly see that price remains in an uptrend, so if we see better than expected CPI data today, could that be a driver that sets off buyers? Better than expected data
On Balance Volume Educational Infographic
🚨ON BALANCE VOLUME INFOGRAPHIC
Why do we like On Balance Volume (OBV)?
It can often be a LEADING factor of price action (Volume precedes price).
Notice OBV leading price here and even breaking out prior to the price break out, leading to a beautiful move to the upside.
$BTC OBV I have NOT changed anything to the chart - OBV holding$BTC OBV I have NOT changed anything to the chart - OBV holding
Right now the price is going down very slowly (no panic selling, no mega volume) and the OBV is holding, the RSI is super oversold.
This is max pain, it means it is max opportunity. I am not saying to sell your house to buy bitcoin now, I am saying the probability to have good entries for the next few weeks, is high.
I think we will play in this area until $20k. Then, run it back turbo. OBV is holding and I am happy.
$BTC Weekly OBV - Expecting to stay at this mid line a while Until we get big volume, I think we will stay at this trendline. We could imagine a scenario where BTC pumps to retest the upper trendline. If it can NOT pass through, it will be a confirmation of a downturn and a great short entry. This is when things could get nasty.
1hr to go. Bullish OBV on the 4H for $BTC?These bullish divs in the 4H BTC chart often play out quite well. I'm not excited that we are below the SuperTrend on that timeframe, but the OBV div is set to print in the next 50 minutes. Keep your eyes peeled. Elliot Wave has fully played out as well on multiple time frames.
Let's see how it goes. Market feels super heavy except for NEAR and AVAX is holding onto it's POC at around $85. $*7 for AVAx is quite a critical point .
REMINDER: It's Friday, a weekend.
We have had historically bad d
$NEAR, easy invalidation on an asset with relative strengthYour job as a trader is to find assets with RELATIVE STRENGTH to this downward trend (if you're long).
$NEAR fits that description, for a simple reason: It's at support on the OBV, right above the daily MA200 and the MA200 is pointing up.
This means that not only is the asset still bullish, it also has a significant edge in your favor: EASY INVALIDATION OF A CLOSE BELOW THE MA200.
Thought to find these opportunities in this market. This is a gift. Enjoy!
AT&T ready to for the next big jump? Dear TradingView-Community,
today I want to share the first investment idea and I hope it will help you making the right decisions or bring a new perspective to your analysis.
I really would like you to ask for feedback, that I can also learn from different views to become better over time. Thanks a lot for your time and I really hope it is not wasted, but for your benefit.
As you can see on the chart, it is a really long cycle of the AT&T stock performance. As many communication stocks a























