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Multiple Time Frame Analysis

XAUUSD. Waiting for the opportunity to buyHello traders and investors! Yesterday, the price interacted with the 2604.39 level. The daily candle had increased volume, which could indicate buyer interest. On the hourly timeframe, there is a sideways range. If the price breaks above the upper boundary of 2617.125 and the buyer successfully defends this breakout, it may be a good opportunity to look for buy positions. It would be wise to monitor how the price handles the 2627.235 level, as a seller might appear there. These would be aggressive buy positions. Conservatively, it makes more sense to look for buy opportunities after the buyer absorbs yesterday's daily seller candle on the daily timeframe. The previous detailed analysis can be found in the related post. Good luck with your trading and investments!
OANDA:XAUUSD
by AlexeyWolf
ASHOKLEY NSE BULLISH FLAG&POLE DTF/WTF SWING/POSITIONAL ASHOKLEY NSE Stock Analysis Trade Plan: Entry: 50% of the total quantity at 216 DTF Close, with an additional 50% added at 242 DTF Close Price. Stop Loss: 201 Target SWING: 264 ATH , Target 1: 275 Target 2: 310 Hold for a period of SIX months to TWO year or until the target 2 is reached. Chart Pattern: The stock had a nearly Four Month Bullish Run and now Retraced to 50% FIOBR in about a month Forming a Bullish Flag and Pole Pattern ,during the bull run it touched an all-time high (ATH) of 264. The Flag structure has been broken on the upside with a strong bullish candle a couple of days ago and a fair retracement yesterday. Technical Indicators: The stock’s daily timeframe (DTF) shows that the price is currently trading above the 20-day exponential moving average (EMA) and below the 50-day EMA. The EMAs are in Transition stage of alignment. A potential bullish trend in formation on the DTF/WTF timeframe. Volume Analysis: There has been a surge up of volumes on the buy side for a few weeks now. There Decline in the sell volume indicating a potential reversal shortly. Prioritize Watch List: Keep this stock in your watch list for further analysis and potential trading opportunities. Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Review your Portfolio periodically. Exit positions when the price closes 7-8% below your entry point or Earlier basis your Risk profile. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions. Technical Analysis Concepts: Multiple Time Frame Analysis (MTFA): Daily Time Frame (DTF): Used for short-term analysis and identifying trends. Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation. Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis. All-Time High (ATH): The highest price reached on a specific chart. Lifetime High (LTH): The highest price reached over the entire chart’s history. Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses. Swing Trade: A trading strategy that involves holding positions for a significant period, typically few weeks to months. Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly. CHART PATTERNS Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend. Breakout (BO): A price move closure above a resistance or below a support level. Flag & Pole BO: (F&P BO) Bullish Continuation Pattern Consolidation : Price Typically Swings between a Range for a period of Time Long or Short basis the MTFA. Breaking out of this range UPWARDS is an opportunity to BUY and DOWNWARDS is SELL opportunity. Moving Averages: Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data. Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks. Fibonacci Retracement/Extension: Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during re-tracements. Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions.
NSE:ASHOKLEYLong
by billpramod
XAU/USDS 12 November 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bearish. 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. 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
DIVISLAB NSE 3Y ATH-RBC BO DTF/WTF/MTF PositionalDIVISLAB Analysis WTF TRADE PLAN EARLY ENTRY -5580 WTF On Retest after BO ADD at 5700,5800 SL -5300 WTF TARGET --01-6400 Hold For a Year or TGT 2 Chart Pattern : STOCK has recently broken its 3Yr ATH of 5580 forming a RBC on the DTF/WTF. Currently in a consolidation range above the Bo. closing the FVG on WTF 2nd Week Sept. INDICATORS EMA : The Price is Currently Trading above 20EMA, and 20EM above 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : Given the last Impulse and FIBO /E After the Bounce-back from 38% FIBO Retracement Level, Price is currently trading above the 23.6% FIBO Retracement level of on DTF. Volumes: There is a uptrend in Volume above the 20VMA on the Weekly Charts for2 Weeks Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap SWING/POSITIONAL Trade
NSE:DIVISLABLong
by billpramod
XAUUSD. Where to wait for the buyer's resumption?Hello traders and investors! The price of gold is correcting. Let's take a look at where a reversal of the correction might occur for potential buy opportunities. On the weekly chart, the last impulse started from the level of 2604.39. The key bar of the impulse (the one with the highest volume) is at its base. Currently, the price is within the range of this bar, but I don't see increased volumes on the daily timeframe. On the contrary, the volumes of the last three days are decreasing. Is there no buyer? We are waiting for the price to interact with the 2604.39 level, where a buyer might appear. The next interesting range for a potential buyer resurgence is 50% of the last buyer's impulse on the monthly timeframe, which is at 2538.5. Good luck with your trading and investments!
OANDA:XAUUSD
by AlexeyWolf
Is TerraClassicUSD (USTC) about to moon?On the above 2 day chart price action has corrected over 80% since November 2023. A number of reasons now exist to be bullish. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. higher highs higher lows replace lower highs lower lows. 3) Support on past resistance. Look left. 4) Everything that was said above (1 through 3) is also true for the USTC.BTC pair (see chart below). This level of confluence should not be ignored. Is it possible price action continues correcting? Sure. Is it probable? No Ww Type: trade Risk: you decide Timeframe for long: hours Return: 300% 2 day USTC / BTC pair
Long
by without_worries
14
Cronos (CRO) - Bullish divergenceOn the above 6-day chart price action has corrected 92% since November 2021 @ 70 cents. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Strong bullish divergence as measured over 60 days. 8 oscillators print positive divergence with price action. 3) Look left (orange line, best seen on 2-day chart) price action prints on historical support. 4) The macro bull flag forecasts a first wave target of 30 cents. Is it possible price action could fall further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of portfolio Timeframe: act now Return: 400%
Long
by without_worries
5
S&P 500 INDEX to 6000 before mid 2023Firstly a big thank you for taking me past the 10k likes on Tradingview. That’s a great milestone and tells me the ideas must be appreciated. If it is okay with you I’ll continue to share them freely. As a thank you for taking my ideas past this milestone I want to share the idea that will challenge 95% of those reading. You will just not believe what is about to happen in the following 6-9 months. Use this idea as a cheat code to take you to the 5% club. It is highly probable the market will rip higher and I’m betting on a new all time high before the middle of next year in the area of 6000. Then we can have our recession. Still reading? Or have you gone straight to the comments for some club 95% ‘you mad bro’ comments? What’s the evidence? There’s technical and fundamental. Firstly the technical on the above weekly chart: 1) A ‘great buy’ signal has printed. Look left. 2) Every year that ends with a ‘2’ for the last 70 years has beautiful symmetry with its roots in pi-cycle theory, but I’ll not go into that here, just accept it. Each of the annual charts below are the last 70 years with years ending in a ‘2’ with the vertical lines approximately identifying a 12 month window. 1952 - 1962 - 1972 - 1982 - 1992 - 2002 - 2012 - And finally 2022 - see a pattern? The Fundamentals 1) Mid-term elections - the FED will not crash the market with up and coming mid-term elections. They never have in the above years. 2) Insider trading - The people making the decisions / your glorious leaders, they are actually buying the dip: “U.S. House speaker Pelosi discloses trades in Apple and Microsoft” Source: www.reuters.com This is not an isolated event. 3) Sentiment is at the lowest it has been for 40 years! Not even 2008 comes close. People are so bearish right now that it is actually bullish. 4) The Put / Call ratio. The number of retail traders ‘short’ on the market is at levels not seen since August 2020. Remember then? The world was ending then too. 5) The ‘Put/Call’ ratio is printing bearish divergence just as it was back in August 2020. The market ripped higher afterwards. Well that’s it - Hope you enjoyed, this took some hours of study and preparation. Ww Type: trade Risk: <=6% of portfolio Timeframe: 6 to 9 months Return: 50-80%
SP:SPXLong
by without_worries
271
Is the Kiwi Ready to Bounce? Approaching Key Support!The Kiwi took a major hit in October, dropping sharply from the 0.638 resistance level, which has held strong for over two years. Looking at the weekly chart, we can see that the market has formed a clear range between 0.638 and 0.588—the lower level we’re now approaching. On the daily chart, the initial drop was intense, with strong selling momentum evident in large red candles. However, as the price dropped past the halfway point of the range, momentum began to ease. This slowdown is visible in the smaller, mixed red and green candles. This price action indicates that selling momentum is slowing as we approach the 0.588 level. In fact, the market has now started moving sideways, signaling that buyers may be accumulating at the bottom of the range. Given these signals, I’ll be looking for buy setups using my TRFX Indicator, focusing on the 4-hour to 8-hour timeframes. Ideally, I’d like to see another dip toward or even slightly below 0.59 before entering. The target for this setup is the top of the range, with the setup invalidated by a clear weekly break below the 0.588 support. Let me know what you think below! :)
Long
by TheFxAce
9