EUR / USD – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > FX:EURUSD <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " EUR / USD - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
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MARKED POINTS OF INTENTION (POI)
Looking at the big monthly chart picture, we can see that we are still in a downtrend channel that started in 2008. The market has been moving up since last September to test the upper trend line of the channel. There will most likely be another run-up attempt by the price, which will come after the current bottoming. In the weekly chart - MACD indicator, one can already see a clear "Bearish Divergence", which argues for an HTF sell-off. However, in the 1-day chart, one can sense a further move to the upside, which will extend the bearish divergence more to the extreme in the higher timeframes. At the current moment of analysis, we are on very strong support areas, which could be the bottom for the next move to the upside.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
HTF
DXY – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > TVC:DXY <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " DXY - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
Once published, it will be added as a comment, and when this post is saved, you will receive a notification about it.
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MARKED POINTS OF INTENTION (POI)
The price successfully tested the higher high of 2020 and closed with a strong reaction below it.
The "HH" was joined by the upper resistance line of the lower downtrend channel, which is an additional and very strong resistance.
From a short-term investment point of view, we should look for a coming correction in the DXY, but it might not be short-lived.
The MACD momentum indicator reflects a bullish divergence building up. This again supports the thesis that we are getting, for the long-term picture, further price appreciation in the DXY.
This confirms the picture of the "bubble-holding stock market" and the excessive overvaluation of individual stocks and currency pairs. As soon as the divergence plays out, and we see another rise after a correction, we will see a bloodbath in the traditional markets.
The needed correction in the traditional markets is long overdue and has been artificially delayed to this day.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
XAG / USD – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > FX:XAGUSD <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " XAG / USD - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
Once published, it will be added as a comment, and when this post is saved, you will receive a notification about it.
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MARKED POINTS OF INTENTION (POI)
The price is below the mid-trend line of the oldest and most influential trend channel, which originated in 1971.
Additionally, we are at the upper resistance line of a slightly younger trend channel, which formed in 2011 and has served as resistance since 2020.
The "Higher High" of 2008 will serve as our next support, as well as the zone formed around it (21,355 - 22,000).
In our recent trend channel, another subordinate trend channel has emerged, which is currently contested.
Momentum indicators in the weekly TFs show declining momentum, which is additionally noted in the daily TFs.
The daily "moving averages" have all broken through the 200s and are now serving as resistance.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
SPX / USD – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > OANDA:SPX500USD <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " SPX / USD - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
Once published, it will be added as a comment, and when this post is saved, you will receive a notification about it.
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MARKED POINTS OF INTENTION (POI)
The all-time high of 2022, is only 4.56% away from the current top, which is scary in terms of the economic situation.
The overvaluation of stocks has reached a point where the fall will result in a hard landing.
The institutions and central banks know this and are currently delaying disaster. From a technical perspective, we are below / at the mid-trend line of the overarching uptrend channel.
From a subordinate perspective, the price has broken out of a recent trend channel and has not had enough momentum on the reconfirmation.
Momentum indicators in the weekly TFs and higher are not meaningful; however, a small bearish divergence can be seen in the daily TFs.
There are a lot of support areas standing in the way of a serious sell-off, which would have to be broken first - both scenarios are thus not to be ruled out | LONG / SHORT.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
XAU / USD – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > FX:XAUUSD <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " XAU / USD - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
Once published, it will be added as a comment, and when this post is saved, you will receive a notification about it.
How do I save an idea so that I receive a notification when it’s updated?
MARKED POINTS OF INTENTION (POI)
The all-time high from 2011 has been attempted to turn into support since 2020, which has been unsuccessful to date.
At this moment, we are above this all-time high, running it for a retest.
A 3-year RANGE has formed under this POI, which will serve as additional support.
We are also in a downtrend channel whose upper trend line continues to be contested.
Momentum indicators in the weekly TFs and higher are not meaningful; however, a small bearish divergence can be seen in the daily TFs.
There are a lot of support areas standing in the way of a serious sell-off, which would have to be broken through first - both scenarios can thus not be ruled out | LONG / SHORT.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
BEEF - POWER PLAYI bought my positions today
August 25, 2023
The reasons:
1. Low-risk entry point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. High alpha stock with a low standard deviation
6. It has VCP characteristics
7. Huge volume on the breakout
8. The theme: Power play. The setups work well in this current market environment
The flaw:
No identifiable flaws thus far
This is a textbook Power Play stock breaks out of a base. I like to see the stock moves constructively in the upcoming days.
BTC / USD – HTF JOURNAL - WEEKLY SERIESThis is an ACTIVELY managed BLOG CONTRIBUTION, which will be UPDATED WEEKLY with comments and trade ideas.
| This way, I generate a SERIES for you, where you, as a reader, can - ACTIVELY - learn from the analyses, decisions, & interactions |
In the following analysis, I do NOT highlight any specific scenario but neutrally look at the higher timeframes in the > BINANCE:BTCUSDT <
We focus on the technical KEY points and KEY areas that will be relevant in the coming weeks & months.
As soon as candlestick closes emerge that suggest a temporary direction for the price intra-day, I create a separate post below.
This post will be under a similar name, which is as follows: " BTC / USDT - JOURNAL - ACTIVE SERIES " (Includes: entries, stop loss & take profit levels)
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MARKED POINTS OF INTENTION (POI)
The "Higher Low" of June 2021 has been contested since mid-April this year and could be confirmed as support or resistance with the upcoming weekly close.
Prior to the 2017 price rally, the bottom of the existing overarching uptrend channel was formed, at whose mid-trend line (resistance) we are currently located.
Additionally, price is holding at the upper resistance line of the downtrend channel, which was formed at the last peak and has so far proven to be a significant directional guide. If this downtrend channel is broken and confirmed, we could see the USD 40,000 approach.
The momentum indicators in the weekly TFs and higher are not meaningful; however, one can notice a small bearish divergence in the daily TFs, which argues against the aforementioned scenario.
It is necessary to wait and evaluate the weekly closes neutrally, so that in the current noise of news, one does not rely on an erroneous assessment.
Z - You have to understand the big picture to not drown in the noise of the small one - Z
| ZielIstDieAutarkie |
If this idea and explanation have added value to you, I would appreciate a COMMENT or BOOST very much.
Thank you and happy trading!
Z
29/08/23 Weekly outlookLast weeks high: $26824.0
Last weeks low: $26045.0
Midpoint: $25266.0
The weekly outlook starts on Tuesday this week due to the bank holiday. Despite a strong decline 2 weeks ago price has stabilised into a much tighter spread, almost like a sinewave across the midpoint.
Because of this for me personally there is no clear near term direction, however the longer term direction would seem to be bearish thinks to that new lower high after the pullback. We'll know for sure once a new lower high is posted.
If that happens, I would expect most of this years progress to be retraced back down towards the 19k area by the end of the year/Q1 2024.
For now there is not a lot to do as LTF chop is very difficult to navigate currently.
BIKE - POWER PLAYI bought my positions today
August 28, 2023
The reasons:
1. Low-risk entry point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. High alpha stock with a low standard deviation
6. A base reset to a proper and crisp pivot on PP setup
7. Huge volume on the breakout
8. The theme: Power play. The setups work well in this current market environment
The flaw:
No identifiable flaws thus far
CPI (June)CPI YoY:
Forecast: 3.1%
Previous: 4.0%
Actual: ?
With CPI on the very near horizon, here are my thoughts on what Bitcoin could do in terms of price action:
Bullish scenario - We all know that CPI tends to be a volatile event with aggressive whipsaws in price in both directions irrespective of the outcome. Therefore there is an opportunity to capitalise on the frantic LTF price action.
For the bulls A good place to enter is the local range low if we see a reclaim after a demand zone sweep. I think this is fairly likely and ideally we see price move to the downside first upon the data release as in general, THE FIRST MOVE IS THE WRONG MOVE... following this initial move to the downside a reclaim would be primed for local highs in my opinion. If there is no reclaim then unfortunately there really isn't much support on the way down as BTC would seek to fill the FVG at 27K. A reaction off this level will leave BTC in a good place to attack 32.5k, reinforced with the ETF narrative and decision coming not too far down the line.
Bearish scenario - As was suggested previously, the first move is wrong, therefore the second move is the true move and for the bears it's the opposite to the bulls. If we see price move to the upside upon data release, I would like to see a SFP of the local range highs before entering short with the range midpoint as first target, then range low, then FVG as final target. If that LTF range high holds after being broken, I would like to see a strong wick up into 32.5K resistance and a reaction off this level to the downside and supply liquidity has been taken. Any slow grind up into this level would have me concerned as to BTC printing a swing fail and not just blasting through after consolidating. If that does play out then I would re-evaluate and stay in cash while doing so.
Reminder: First move is the wrong move.
CPI is usually very volatile and therefor risky. It's easy to FOMO into random positions as a gamble, the market usually wins in those positions.
BTC volume profile orderblocks On the left side of the chart we have areas of significant volume that pose as problems or areas of potential congestion for BTC as it climbs back up towards new highs. These areas are bearish orderblocks and we can generally expect price to react in a bearish manner off them. Once price gets above and consolidates it becomes new support. As shown by the green areas that we have reclaimed during this rally that started at the beginning of 2023.
The POC (point of control) for both the bearish downturn of the previous year and the recent bullish rally are below the current price and that is encouraging. The VAH is acting as support for now, price needs to breakthrough the next bearish OB, once reaching 33K the volume profile shows there really isn't a lot stopping price climbing quickly towards 37.5K where the next VAH and huge bearish OB lay.
GBPJPY 15M 02/05/2023 Currently, on the 15-minute timeframe, we are in a bearish trend formed by two changes in structure. Therefore, we are currently in a bearish range that goes from 171.604 to 169.952, with the latter being the liquidity point of the current bearish range. We have a demand zone in the area of 171.559 to 171.382, and the second zone is between 172.328 and 172.162. We could expect a reaction in both zones, provided we observe how the price orders approach these areas. Alternatively, we could wait for these ranges to be liquidated and broken to establish a new bullish trend and liquidate the liquidity points of the previously established ranges.
GBPJPY 1H 02/05/2023 Currently, on the one-hour timeframe, we are in a bullish range that extends from 168.713 to 172.094, with the latter being the liquidity point of the current range. We can look for a bullish reaction once the price reaches our potential area of interest between 169.387 and 168.729. Alternatively, if the price shows a marked downward movement, we could look for reactions to the upside at the second area of interest, which is between 167.368 and 166.431. However, if it reaches this zone with a double structure break, we could expect that the zone would be liquidated.
GBPJPY 4H 02/05/2023 Currently, in the 4-hour timeframe, we are in an uptrend range ranging from 165.422 to 172.328, with the latter being the liquidity point of the current range. We can also see that the price has left us two demand zones of interest in the areas of 167.388 to 166.431 and another from 165.991 to 165.648. When the price touches these areas, we can look for a reaction in favor of the main trend as long as we see how the price reached these zones. Alternatively, we can decrease the timeframe to follow the ranges that are being created in favor of the trend.
GBPJPY 1D 02/05/2023Currently, on the daily timeframe, we are in a bullish range that extends from 165.422 to 172.328, with the latter being the liquidity point of the current range. We can also observe that the price has left an unmitigated zone between 167.341 and 166.431, where we can expect a bullish reaction. Therefore, we can wait for the price to reach this zone to anticipate a possible reaction in favor of the trend, or alternatively, we can go down to lower timeframes to see what new ranges in favor of the trend are forming and can be traded.
EURUSD 15M 28/04/2023Currently, in the 15-minute timeframe, we are in an uptrend range that extends from 1.10158 to 1.09626, with the former being the liquidity point of the range. We have a demand zone at 1.09850. Personally, I would like to see a double structure breakout to the upside before considering a long position, as a single breakout could indicate a re-distribution, making the marked zone more likely to be liquidated. We must wait and see the price reaction or if the 2-hour range is broken with a strong candle.
EURUSD 2H 28/04/203 Currently, in the two-hour timeframe, we are in an uptrend ranging from 1.09659 to 1.10670, with the latter being the liquidity point of the range. Depending on how the price moves within our potential demand areas, we could consider two zones from a non-mitigated price perspective, which are 1.09865 to 1.09338. The price is currently mitigating the first of these zones, so we could expect a bullish reaction to enter a possible trade or descend to lower timeframes to follow the operable ranges in favor of the trend.
EURUSD 4H 28/04/2023 Currently, in the 4-hour timeframe, we are in an uptrend range that extends from 1.08960 to 1.10758, with the latter being the current range liquidity point. Following the structure and the ranges that have been created, we can identify two areas of interest: 1.09171 and 1.08571. These are the zones in which we can search for reactions to position ourselves in the bullish movement or alternatively, we could descend to lower timeframes to follow the new bullish ranges that are forming in favor of the trend.
XAUUSD 26/04/2023Currently, on the 15-minute timeframe chart, we are within a bullish range that ranges from 2009 to 1991, with the former being the liquidity point of the range. Therefore, we could expect a bullish reaction in the zone ranging from 1998 to 1996. As long as the price does not close below this zone with a bearish candle, we can say that the zone is being absorbed in lower timeframes, and we can move down to lower timeframes to position ourselves in bullish ranges.
Double top H4 GBPJPYAs you can see a double top formed on a 4H TF
We have to wait and see if price resists or break above the A.O.I "Area Of Interest".
Scenario 1
If price breaks above the "A.O.I" level the double top pattern is invalid and price could form a Triple top
Scenario 2
If price resist the "A.O.I" level then we have to wait for price to reach the neckline for a clear Sell position
BTCUSD 1W 25/04/2023 Currently, on the weekly timeframe chart, we can see that the price has made an initial structural change to the upside. If it closes above the current range at 31,170 with a strong bullish candle, we could see that the double break of structure to the upside would result in a new weekly bullish trend that we could follow to anticipate a sustained and consistent upward movement.
XAUUSD 15M 25/04/2023In the 15-minute timeframe, we can see that the price has changed its trend to bullish. Therefore, we could look for some type of upward reaction to reach our zones of interest in higher timeframes. In this timeframe, we should wait for this range to be liquidated, either by closing above 1994 or by retracing to the zone between 1979 and 1976 to expect some kind of bullish reaction. However, we should always keep in mind the factors that are at play, as we would not be following the main trend, and we should be cautious. Moreover, we should note that the price has only broken to the upside once, so we would need to wait for a double breakout to be more confident about a bullish entry.