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Multiple Time Frame Analysis

Divergence...one of the only clues you need...NZDUSD EXAMPLEHello hello hello TradingView community! Hope you are all having an amazing day so far getting ready for the fantastic trading week ahead. I saved something special for you guys this week with a more educational videos on one of my favorite confluences/tools I like to use in the market for my analysis and trading and that is the concept of Divergence. This is something I personally use in my analysis and trading that has helped me tremendously find and enhance the opportunities I identify in the markets and wanted to go ahead and share with this awesome community! So sit back, take some notes, and hope you all get some great nuggets from this video! Cheers!
Education
by JosePips
WIFUSDT.P / SHORT / M15WIFUSDT.P may fall from the bearish order block! Bearish Order Block :- 3.9697 and 3.9398 WIFUSDT.P is currently reacting to a bearish order block identified between 3.9697 and 3.9398, a zone known for institutional activity. The price has touched this critical area and is now showing signs of rejection, potentially setting the stage for a downward move. Detailed Analysis: Smart Money Concepts (SMC) have been applied to identify this valid bearish order block. These concepts track institutional footprints, allowing us to trade alongside the "big boys" in the market. The order block represents an area of significant supply, where institutions could be placing sell orders, leading to a potential reversal. After touching the order block, the price is starting to bounce back, confirming the presence of selling pressure. Expectations: If the bearish momentum continues, there is a high probability that the price will decline further. This setup has been carefully analyzed, leveraging SMC's high win rate to forecast potential market movements. While no trade is guaranteed, the alignment of multiple confluences increases the likelihood of a profitable outcome. Conclusion: This idea emphasizes trading with institutional patterns rather than retail behavior. Let’s monitor the price action closely and see how it develops. A profitable trade is within reach if the market follows this rejection setup. WIFUSDT.P / SHORT / M15 LEVERAGE :- 50X Entry Price :- 3.8465 Take Profit :- 3.6278 Stop Loss :- 4.0776
Short
by PraveenTrader1
5
XAU/USD 18-22 November 2024 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is projected to move downward toward either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Price Action Analysis: In my weekly analysis dated 27 October 2024, I forecasted that price could potentially make new highs, thereby shifting the bearish Change of Character (CHoCH) closer to recent price action. This repositioning would serve as a trigger for a bearish pullback phase initiation. As anticipated, this scenario unfolded with CHoCH shifting nearer to the current price and ultimately printing a bearish CHoCH. Currently, price is trading within an established internal range (highlighted in blue), trading in the discount zone of the internal 50% Equilibrium (EQ) and approaching a Daily demand zone, where a reaction is likely. Given the current internal range dynamics, price is expected to react upon reaching the Daily demand zone and could trade upward to target the daily internal high. However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing -> Bearish. -> Internal -> Bearish. Price Action Analysis: Analysis remains the same as previous bias from my analysis dated 12 November 2024. Price has printed both a bearish Internal Break of Structure (iBOS) and a subsequent bearish Break of Structure (BOS), confirming the need for a pullback across all higher timeframes (HTFs). Currently, price action remains in alignment with the broader HTF pullback requirements. Intraday Expectation: The expectation for the intraday session is that price will print a bullish Change of Character (CHoCH) to indicate the initiation of a bullish pullback phase. The positioning of this bullish CHoCH is indicated by the blue dotted line on the chart. However, it is also possible that price could extend to a new low, bringing the CHoCH positioning much closer to the current price action. Note: Given the Federal Reserve’s dovish stance and ongoing geopolitical uncertainties, heightened volatility in Gold prices is anticipated to persist. We should exercise caution and remain vigilant in this high-volatility environment. H4 Chart:
OANDA:XAUUSD
by Khan_YIK
DXY. When to Expect a Weak Dollar?Hello traders and investors! At the end of September and the beginning of October, I analyzed AUDUSD and EURUSD, where the technical picture predicted a decline in these currencies against the dollar. You can find these posts in related ideas. There were discussions with colleagues about how many countries' economies need a weaker dollar. I wouldn’t mind profiting from a dollar decline either, but a month and a half ago, there were no signs of a DXY drop. Let's take a look at what the chart suggests and when this might happen. Weekly Timeframe A sideways range formed on the weekly chart in March 2023 (point 4 was established). The lower boundary is 99.099, and the upper boundary is 106.952. The buyer's vector 11-12 has reached its obligatory target — the price level of point 10 within the range (106.169). This means we can start watching for seller activity on the weekly timeframe. If the sellers show up, the seller's vector 12-13 becomes relevant, with potential targets of 99.807 and 99.099. Note that the key bar (with the highest volume) of the buyer’s vector 11-12 is the bar from November 4. Daily Timeframe There’s a long trend on the daily chart. The last buyer's impulse ranges from 103.86 to 106.734. The key bar of the impulse (highest volume) is the bar from November 14. Hourly Timeframe On the hourly chart, a sideways range has formed. The lower boundary is 106.037, and the upper boundary is 106.734. The current buyer's vector 8-9 has potential targets of 106.681 and 106.734. From there, it's not far to 106.952 (the upper boundary of the weekly range). Summary The price has approached levels on the weekly TF where a reversal may begin. For now, there are no signs of a reversal on the weekly and daily TF. We need to see signs of seller activity on the weekly chart to look for short positions with the goal of realizing the seller's vector 12-13 in the weekly range. You can look for long or short positions on the hourly chart by trading within the range from boundary to boundary (if the boundary holds). Until the DXY reverses, looking for long positions in other currencies against the dollar is risky. Good luck with your trading and investments!
CAPITALCOM:DXY
by AlexeyWolf
Palantir to plunge 40% ??In seven days from now Palantir will publish their not so hot earnings report. How can I know this? The chart. On the above 6 day chart price action has rallied a massive 600% in 24 months. A number of reasons now exist to be short. They include: 1) Support and resistance. Both price action and RSI are at resistance. 2) Price action support has failed. See daily chart below. 3) The Bollinger Band (red arrows). Explosive moves in price action eventually reach exhaustion. This is first indicated by the Bollinger band as the mouth curls inwards. This is a strong indication of a trend reversal. 4) The 40% correction is derived from past resistance, which has never confirmed as support. It is also a significant Fibonacci level. Is it possible price action breaks resistance and continues to climb? Sure. Is it probable? No Ww Trend breakout on daily
PShort
by without_worries
24
USDMXN POSSIBLE SHORT TRADE IDEAOn the monthly charts, we have a bullish trend that has been flipped. A change of character on the monthly chart indicates bearish orderflow setting. Currently, the dollar is gaining strength against major pairs, the Peso is no exception. The bullish resurgence of the dollar against the Peso seems to target price imbalance ranging between 21 to 24. Once these price imbalance has been removed, we are likely to see bearish sentiment setting in, possibly early 2025, targeting new lows.
by morrisgitau