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Multipletimeframeanalysis

AUDJPY - 1Hr Analysis and Projection updateHey guys, Just an update on AJ. These are a couple of the options i have drawn out as my biases. I am completely aware that price can continue bearish, and that price can also not retrace at all and continue bullish. If I am looking to enter, I need price to retrace to either of those key levels inside the FIB and then give me confirmations. This retracement will put me in the best overall position to buy with minimal risk. It just makes more sense for price to go long to me for a few reasons: 1. Its trending in a bullish channel - Traders are caught that these channels play out perfectly every time and to treat them the same and enter at a break and retest or whatever they are taught. This thing looks too pretty and too perfect - and i always say whenever something looks too good to be true it usually is. So, it's just accumulating liquidity at this point and its getting ready to remove everyone from the market. 2. Because of this channel - Everyone and their dog is selling from the top of it causing the overall sentiment for AJ to be bearish. Its 69% bearish at this point, so it makes so much more sense for the market to target all of these sellers first. If it still wants to drop after that and continue bearish it can - but it's definitely not going anywhere bearish until it raids liquidity and manipulates price. 3. The Daily and weekly - Like i said before look - like a perfect 'Head and shoulders' - which means its luring all the new pattern traders in and accumulating them over time. Again - If you were ever taught that a H&S means only reversals and sells, I suggest you get a lobotomy and forget that info ASAP as they are one of the biggest liquidity traps in the market. Well, if you know how to trade them, they aren't. But because of the way they are taught - they end up blowing everyone's accounts. Including mine for my first year of trading. 🙃 These are just my personal biases, and I am aware that price can do many more things - But this is the only thing that i am looking for in terms of me entering. If it does something different i will adjust my perspective and my analysis accordingly. If you are bearish or have a completely different perspective to me and your charts look totally different, do not second guess yourself because I could be the one that is wrong, and price may play out the way you want. Be confident in your analysis and your skill and don't second guess yourself. It took me 3 years to be able to finally come on here and share my ideas because I was so easily influenced, and I would always look at other people's charts and think i was the one who was wrong and i would think i wasn't good enough to be a trader - Only to enter the other persons trade and copy their analysis and it would hit SL and price would go the way I had originally drawn out!! So just always trust in your analysis and be confident in yourself always and that is honestly a large part of this journey.
Long
by Pmilanoxx_
2
How To Analyze Charts On The Monthly, Weekly, and Daily TFOOH multiple timeframes analysis can be hard for beginner traders. It took me a few years to understand how to pair the right timeframes together and what to plot on my each timeframe to help me find my entry. In this video, I am sharing a trade idea on CADCHF. It's just an idea until I receive my entry, but it can be a good setup if it works well. You'll get to view how I am analyzing the monthly, weekly, and daily timeframe to find my entry price. I pray you have a safe trading week and if you have questions or comments please share them in the comment section below.
Long
by ShaquanLopez
5
TRIANGLE PATTERN Buy EntryHere are 5! entry confirmations for this Trade 1. Price tested A .618 fib level on the 4hr 2 Beautiful Morning star candlestick at the bottom of entry 3 Final data point of triangle pattern 4 price Retested Structural support Zone 5 Gbpjpy is in a solid uptrend Tp Was calculated using fibonacci From the Bottom of the current wave to the second major pullback of the wave. Let me know what you think Of this setup and/or what you think Gbpjpy will do! Would Love to hear your feedback! Also Check out that Double Triangle Formation Highlighted in the Idea! Lets See this Trade Shoot to The MOON! ENJOY! :)
Long
by BeautifulTiger
1
NZD/CHF Price Action AnalysisDisclaimer: Any of the content presented on my page showing my analysis of the market is just that, an analysis which means this is my personal opinion of where the price is going to go. Do not by any means take this simple analysis for a reason to enter a trade, I am not presenting these analyses as a form of signals, simply a way to get feedback and opinions from others on how my trades look. Take this trade at your own risk, but know forex is a risky market that you can make a lot of money but can lose that money or even more just as fast, enter these markets with your own risk and good luck with your trading :). Weekly Analysis: You can see in the previous few weeks price has tried to make a downtrend but really struggled on the way down, then price decided to make a jump upwards to the 0.66000 area before making another big move downwards. We saw price attempt to make a big move upwards and the bears really showed who was in control by making a big move downwards in the previous few weeks around November 1. We would want to see a break to the downside with a lot of momentum and even a pullback with rejection if possible. Waiting for a confirmation on lower time frames can be really useful here and will give us a better trade if we wait for a few confirmations. Daily Analysis: Price on the Daily still shows that there is a lot of bearish momentum but it does also show that there is a struggle breaking this lower zone and price has already bounced and went sideways in the past week. For us to take a trade, we would need candles to close below these lows with a lot of momentum before we take a low risk trade and try to capitalize on this continuation move. Confirmation on lower time frames will allow us to get a really good entry but might be a little more risky, if we wait for a close below these lows on the Daily timeframe we could get a less risky trade but lower Risk to Reward. Hourly Analysis: You can see marked by the green line, price has already started to try and form a downtrend by making lower highs and lower lows. Within this little move downwards you can even see that price had tried to make multiple pullbacks but continued downward multiple times as well. We are going to wait for a close below this bottom black zone and it would be nice to see a pullback to show weakness to the topside and a big move downwards before we get into this trade. A big move downwards will show that there is momentum in the bears and this could be something that we can take advantage of. Thanks again, KeySlot
Short
by KeySlot
Crudeoil Trade Idea. Can $CL touch $100 Mark For a few weeks, #Crudeoil has been very bullish continuously and as per charts there is no sign of exhaustion or weakness is visible on any time frame in #CL. With opening of economy all around the world and ease of Covid19 regulations, can #CL touch $100 mark once again in this rally? Can't say it but as per #candlestick chart patterns, it suggests that crudeoil may touch $100 mark sooner or later with in this rally. For educational purpose only. All Disclaimers apply.
NYMEX:CL1!Long
by Gann-Elliott-Trader
Smart Money Analysis: Double Top with Major Hurdle $US30 is approaching a major hurdle with Double Top formation in place. If this hurdle is crossed and if $US30 manages to close above 35650 levels for consecutive 2 Days, then Sky would be the limit for $DowJones and $US30. Then DowJones would enter into a new orbit and will form its own new support and resistance levels above the current levels. Untill it closes above 35650 level, be careful with your Long trades, be properly hedged and look for early short signal to enter into short trades. For Education purpose only. All disclaimers apply
UShort
by Gann-Elliott-Trader
9
AUDCAD Setting Up for a 1,000 Pip Move?Hey hey. My name is Kaci. In this video, I complete a top down analysis of AUDCAD. I take a bird's eye view of the longer term move in the market. In this video, I use fibonacci retracement and extension tool to help me determine my bias. Right now, I believe we are in a down retracement and price on the weekly has not hit one of our key levels, 38.2, 50. or 61.8. However, price has hit an extension to the downside off of a shallow retracement. I believe we may see a short term move to the upside before a longer term move to the downside. What's your bias on this pair?
Short
by justagirllearningtotrade
1
ETH USDT : Impulsive move or Pull back to previous levels?Hello guys, hope you are doing well. Welcome to today's market analysis as a part of "Aglogains - Daily Trade series". Ethereum is stuck in a range between 3200 - 2900 for the last 2 days, it looks like the market is consolidating here for a while given the fundamental news (US Infrastructure Bill) and other market factors. Here are the two scenarios that could play out: 1. Either we need to see ETH breakout to form a new higher high and close above 3200, to confirm the continuation of the uptrend. 2. ETH could pull back to 2990 - 2900 levels to retest the support. I suggest we wait until one of these scenarios plays out , if it does, here is how we can prepare to take advantage of the move. Scenario 1: If ETH does breakout of 3200 with an impulsive move towards the upside confirming the continuation of the uptrend then, I would look for buying opportunities on the pullback @ 3160 - 3200 Scenario 2: If ETH goes down to the 2990 - 2900 levels to retest the support, I would pay close attention to any wick rejections or bullish engulfing candles to indicate buying pressure at these levels and enter a long trade here. Let's see how the market plays this one out. Do let me know if you have a different way to leverage the current price?
by Nihanth_Aglogains
Two Multiple Timeframe Analysis HeirarchiesThese are two examples I would recommend for traders to follow when analyzing charts through Multiple Timeframe Analysis. These from the top down or bottom up help separate price action patterns into fractals that give a meaningful difference for making trading decisions. The mistake is using TOO MANY timeframes that do not provide a truly different glance at price action. Keep your timeframes separate to get the real story and remember... the Higher Timeframe is the Rule! See video idea for more in depth...
BITFINEX:BTCUSDEducation
by norok
Two KEY trading concept in one exampleMultiple Timeframe Analysis and Support Turned Resistance are two price action analysis techniques with which all traders should make themselves familiar. Multiple Timeframe Analysis SIMPLIFIES going through many instruments looking for opportunity. This will make analysis easier on your brain! It can also greatly increase profit rewards with more ambitious long term targets. Support Turned Resistance is something traders must train their brain to see but can also be aided by looking farther back on a chart. Users on my social media inspired these questions with an example in the stock NYSE:HXL ... keep active even in these slow markets!
NYSE:HXLLong
by norok
5