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Multiple Time Frame Analysis

POTENTIAL SHORT OPPORTUNITY USDCADHello everybody hope you are doing awesome! Just wanted to come on here and give a potential swing trading opportunity I see on the US DOLLAR VS CANADIAN DOLLAR (USDCAD). So let's dive in! Okay so let me give a breakdown for each timeframe of what I am seeing that led to my bias of the next potential move on USDCAD being to the downside for this upcoming week. Weekly Timeframe 1. Price is overbought coming into a past supply/resistance zone. Price last week left a downside wick (hanging man) formation which I believe will be filled 2. There is a nice demand zone and bullish trendline lining up to the downside (ALSO fib retracement 78.6% confluence) Daily Timeframe 1. Price is slowing down 2. Extreme bearish divergence on the daily timeframe 3. RSI is in overbought conditions (which you can see what has happened in the past) 4H Timeframe 1. Watching the buyer momentum making sure it isn't too strong (dominant) 2. Extreme bearish divergence as well 3. Watching for a run of weekly highs and maybe double divergence/run of highs ALRIGHT! Hope that made sense! I definitely see a good amount of potential confluence here on this setup so let's see how price forms this week and see if it plays out to the downside! If you enjoyed the analysis as always please boost this post and follow my page for more analysis! Cheers!
Short
by JosePips
10
USDCAD: ITF CURVE ANALYSIS (5D/12H) - DOWNTREND✨ USDCAD: ITF CURVE ANALYSIS (5D/12H) ✨ (DOWNTREND) SLO2 @ 1.40354 ⏳ SLO1 @ 1.4020 ⏳ MO @ 1.4000 - TIRGGERED (FOR THE BRAVE) SSO1 @ 1.38219 ⏳ TP1 @ 1.34155 TP2 @ 1.30740 TP3 @ 1.28224 TP4 @ 1.24338 TP5 @ 1.2150 (Secret TP) BLO1 @ 1.23404 ⏳ (DO NOT SET - ALLOW PA TO PASS/THEN SET AS BSO) BLO2 @ 1.21137 ⏳ 🔑 BLO = BUY LIMIT ORDER BSO = BUY STOP ORDER ITF = INTERMEDIATE TIME FRAME MO = MARKET ORDER PA = PRICE ACTION SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFIT NOTE: This pair owes me money.... angry trade. FOR VIEWING PURPOSES ONLY.....LOL Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.
Short
by oktane
1
USDDKK: ITF CURVE ANALYSIS (17H) - (DOWNTREND)✨ USDDKK: ITF CURVE ANALYSIS (17H) ✨ (DOWNTREND) SLO2 @ 7.0950 ⏳ SLO1 @ 7.0650 ⏳ SSO @ 7.05928 ⏳ TP1 @ 6.95821 TP2 @ 6.87327 TP3 @ 6.81071 TP4 @ 6.71407 TP5 @ 6.6925 (Secret TP) BLO1 @ 6.69086 ⏳ (DO NOT SET - LET PA PASS PRICE/THEN SET AS BSO) BLO1A @ 6.6750 ⏳(POTENTIAL FOR REAL BLO) BLO2 @ 6.63447 ⏳ 🔑 BLO = BUY LIMIT ORDER BSO = BUY STOP ORDER ITF = INTERMEDIATE TIME FRAME PA = PRICE ACTION SLO = SELL LIMIT ORDER SSO = SELL STOP ORDER TP = TAKE PROFIT NOTE: IF you followed my last trade on this pair, we took profit on all of our TP's. It took a couple of months, but that was to be expected and well worth the wait. Let's see if we can do it again..... Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.
Short
by oktane
Potential trade setup on BRTUSDWe are looking at a short trade on BRTUSD based on the stretch strategy. There is trend and direction alignment with this trade. Trade has taken out the upper stretch but higher timeframes trend and direction is to the downside. We will take the trade with a higher probability towards opposite stretch level being taken out. We will exit the trade once range has been achieved. Trader Order Details: BRTUSD(Short) E - 71.55 SL - 72.43 T - 70.40 We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
ACTIVTRADES:BRENTShort
by masterthemarkets2010
Adventure Gold (AGLD) to $3On the above 1-day chart price action has fallen 95% since last October. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal. 2) Price action and RSI resistance breakouts. 3) Point 1 & 2 are also true for the BTC pair (see 1-day chart below) 4) Price action just printed a higher low on the golden ratio. Fantastic. Is it possible price action falls further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of portfolio Timeframe: 1 to 3 months Return: 10x from IB signal 1-day btc chart
Long
by without_worries
65
XAU/USD 13 November 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Analysis/bias remains the same as yesterday's analysis dated 12 November 2024. Price has printed a bearish iBOS followed by a bearish BOS. This is in-line with all HTF's requiring a pullback. Intraday Expectation: Price to indicate bullish CHoCH to indicate bullish pullback phase initiation. Bullish CHoH positioning is denoted with a blue dotted line. Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bearish. Analysis/bias remains the same as yesterday's analysis dated 12 November 2024. As mentioned in my analysis dated 8 November 2024 that I would not be surprised if price printed a bearish iBOS. Price Action Analysis: This is how price printed, printing a bearish iBOS followed by a bearish BOS. Price has printed a bullish CHoCH indicating bullish pullback phase initiation. We are now trading within an established internal range. This is in-line with all HTF's need for a pullback. Intraday Expectation: Price to trade up to either premium of internal 50% EQ or M15 demand zone before targeting weak internal low priced at 2,589.725. Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
EURUSD - markets are waiting for the CPI!The EURUSD currency pair is below the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term descending channel. In case of an upward correction to the release of the CPI index today, we can see the supply zone and sell within those zones with the appropriate risk reward. The placement of this currency pair in the specified demand zone will provide us with the opportunity to buy it. According to sources, the United Kingdom and the European Union have decided to intensify their efforts to draft and implement a joint defense treaty in response to Donald Trump’s victory in the U.S. elections. Meanwhile, German Chancellor Olaf Scholz emphasized the importance of close relations with the United States and insisted on deepening EU-U.S. cooperation, particularly in trade. He stated, “If the Trump administration decides to impose tariffs on the EU, we have both the authority and the capacity to respond accordingly.” Robert Holzmann, Governor of the Austrian Central Bank and a member of the European Central Bank’s Governing Council, recently spoke with the newspaper Kleine Zeitung about the possibility of a rate cut in the December meeting. He noted that currently, there is no reason to avoid a rate cut, but this does not mean it will definitely happen. Holzmann stressed that the final decision will be made after receiving the latest forecasts and economic data in December, adding, “There is currently nothing opposing a rate cut, but that does not mean it will automatically take place.” In other developments, Japanese investors in September recorded their highest purchase of German government bonds since 2018, while continuing to avoid French bonds due to concerns over France’s financial situation. According to Japan’s balance of payments data, released on Monday, Japanese investors acquired a net 859.6 billion yen ($5.6 billion) of German bonds in September. Japanese funds also sold French government bonds for the fifth consecutive month, marking the longest selling streak since 2022. Today’s Consumer Price Index (CPI) report, the first key U.S. economic data post-election, has garnered market attention. While inflation data has been of lesser significance in recent months, this report may impact trading sentiment, especially if the downward inflation trend faces setbacks. The monthly core inflation rate is expected to come in at around 0.30 percent, while the overall monthly inflation is expected at approximately 0.21 percent. Additionally, core annual inflation is likely to hold steady at 3.3 percent, while the overall annual rate could rise to about 2.6 percent. In the absence of surprises, today’s report is not expected to trigger significant market reactions; however, any upward surprises may have a larger impact. Currently, there is about a 63 percent probability of a 25-basis-point rate cut in December. Barclays Bank now forecasts only one 25-basis-point rate cut by the Federal Reserve next year, a shift from its previous forecast of three such cuts in 2025. This adjustment follows recent developments, including Donald Trump’s election as U.S. president and the latest meeting of the Federal Open Market Committee (FOMC). Meanwhile, Goldman Sachs has updated its own projections for the Fed’s monetary policies next year, expecting the U.S. central bank to initiate quarterly rate cuts starting in March 2025.
Long
by Ali_PSND
XAGUSD. Trading opportunityHello traders and investors! Let's look for trading opportunities in silver. Daily Timeframe (TF) On the daily TF, the price has formed a range (sideways movement) that began in April. The upper boundary is at 32.5185, and the lower boundary is at 26.0185. The buyer's vector from point 8 to 9 has hit its target of 31.755 and successfully broke above the upper boundary of the range. However, the seller returned the price back into the range. The current vector of the seller is from point 9 to 10, with a potential target of 26.471. We are now seeing an attempt by buyers to reverse the price upwards. The price came close but didn't quite reach 30.12, the start of the last sub-impulse of the buyer on the daily TF, which is likely to attract the price. It's better to look for selling opportunities on the daily TF from the seller’s defense of the key seller's candle (highest volume) when the price returns to the range. This level is at 32.16. Hourly Timeframe (TF) On the hourly TF, there is a long trend following accumulation in a range. The defense level of the breakout from the range is 30.6445. Locally, it is possible to look for buy opportunities from the buyer’s defense zone between 30.84475 and 30.821. Targets should be set nearby, such as the local high. It's possible the buyer could reach up to 32.16. Good luck with your trading and investments!
OANDA:XAGUSD
by AlexeyWolf