Multitimeframeanalysis
SPY 2022.07.06 opening at high of intraday trading rangePossible short swing trade set up in the next day or two below declining 5DMA and low of year VWAP, but also looking like the opposite may happen and price continues to trade in a neutral/bullish range. Still a down trend by all indicators. No long swing trades. Intraday trade levels are in the video.
4hr support zone and 15 minute descending triangle!EurJpy: On the left side (4hr chart), you are able to see a support level that was hit multiple times. This support line is an attractive spot for all traders that analyze the chart. This level can either hold and push the price up or break and push the price down. On the 15-minute chart, you are able to see a descending triangle forming. Wait for the triangle to form and a higher high to take place. This trade can also go to the downside. that is if the triangle is broken to the downside which means the 4hr chart wants to break that support line. Indicators on the 4hrs match up with the descending triangle. They want to push the price higher.
SPY 2022.07.05 open lower, possible short swing Major trend is down. 50DMA down, 20DMA down, 5DMA down. Price is trapped below the 5DMA and may fade the COVID low VWAP. Possible short swing set up. Intraday levels of interest shown in the video.
SPY 2022/06/30 gap down open and day trade levelsPrimary trend is down. Price is below 5DMA & significant VWAPs. Daily trading levels of interest presented in the video.
SPY 2022.06.29 flat open premarket analysisPrice is below the 5DMA and we are in bear market down trend... but the intermediate up trend is not necessarily broken.
Areas of interest are presented in the video.
SPY 2022.06.28 intraday trade planDominant trend is down, intermediate trend is up. I'll be watching pivot and various potential support zones this morning. Looking to day trade. Today or sometime this week looks likely to try and fill the next gap up and test the 50DMA for resistance.
SPY 2022.06.27 fill the next gap?Primary trend is down. 50DMA down, 20DMA up, 5DMA up. Looking likely that price opens near the high of the last trading session. Likely scenario is to test support from last week and/or make a move up towards the 50DMA to test resistance.
SPY gap opening higher - premarket analysis 2022.06.24Dominant trend is down. 50DMA down, 20DMA down. Price has consolidated over the last several trading sessions and is trading above the ascending 5DMA. No swing trade positions against the dominant trend (down). Day trading support and resistance levels presented in the video.
SPY 2022.06.23 premarket analysis. Opening in the trading rangePrimary trend is down. Opening price looking to be in the same trading range as the last several sessions. Intraday price areas of interest presented in video.
50DMA is down
20DMA is down
5DMA is level/up
No swing trades, just intraday trades due to primary trend vs intraday set up.
SPY 2022.06.22 gap open lower premarket analysis50DMA down
20DMA down
5DMA leveling off / down
Price set to open below yesterday's trade range, and above Friday's close. Fed VWAP + 5DMA above as potential resistance levels. Other significant levels presented in the video.
SPY 2022.06.21 gap up opening premarket analysis50DMA down
20DMA down
5DMA down
Price is set to open gapped up and ready to test the 5DMA + Fed VWAP + COVID low VWAP. Will price break through and use these levels as support? If it does the next target up is the VWAP off the most recent daily leg up, and a possible gap fill from the Fed decision day to the next trading day. If not, then those lines may become resistance. We'll see! No swing trade safe set ups. Intraday trade targets presented in the video.
BUY GBPJPY 1Hr 6/20/22Note:
This analysis is for entry from daily swing see below for attached analysis.
Waited for price to break consolidation
When price breaks resistance level and closes above165.843, will enter for buy with target price at 168.124.
Confirmation for buy also on 1D time frame.
BUY GBPJPY 1D 06/20/22Based on double top pattern, a confirmation to the upside is shown because price did not retest the previous support level after forming double top.
This is a continuation from previous entry at the fibbonacci zone, please see link below for entry on 1H timeframe.
When price breaks and retest resistance at 168.117, I will look to enter buy at 169.622 80% zone indicated by green box for a swing to next high.
Multi timeframe analysis - TECHMLet's understand multi timeframe analysis for NSE:TECHM . NSE:TECHM is closely following NSE:CNXIT .
Weekly TF -
CNXIT did a major rally after sudden fall in march 2020, made a strong base in early 2021 and then did another rally in second half of 2021. Price has been falling since January 2022 and now it has reached at a monthly/weekly/daily demand zone. Weekly RSI is also below 30 which indicates that it's heavily oversold.
TECHM chart looks very identical to CNXIT.
Daily TF -
There's a Bullish Hammer candlestick formed with a huge volume which could be a sign of trend reversal.
Price has formed bullish Bat/Alternative Bat harmonic pattern and is approaching Price Reversal Zone(D point - 925). Price could make 50% reversal from PRZ.
15 minutes/5 minutes TF -
Bullish RSI divergence has been seen on 15 minutes TF. Trendline resistance break and sustenance above it would confirm the bullish trend.
We have multiple confluences for NSE:TECHM trend reversal. Let's see how it plays out. Happy trading!
SPY 2022.06.16 premarket... gap down opening analysis50DMA down
20DMA down
5DMA down
Opening set to be a gap down
Support and resistance targets presented in the video
Monday is a holiday so expect the market to wind down volume tomorrow and maybe today.
JICPT| EURUSD daily bullish setupHello everyone. First of all, I'm bearish on EURUSD from long-term perspective, but it doesn't mean we couldn't find good bullish setup for trading, especially when the pair rebounded from the low around 1.3 created in Dec of 2016.
On the daily chart, EURUSD is on the uptrend as it took over the recent high as well as the downtrend line. Sellers' pressure came in at the whole number 1.8.
What I'm expecting is pullback long opportunity as marked on the daily chart. The rally-base-rally demand zone( 1.0528-1.0567 ) is confluence with key fib retracement. I set alert for the revisit.
If the pair goes as expected, it'll be a trade with a risk reward ratio at least above 5.
What do you think? Give me a like if you're with me.
SPY premarket 2022.06.14 officially bear market 50DMA down
5DMA down
Officially > 20% down from the year high
Opening within yesterday's trade range. Looking for price to test yesterday's highs. If it breaks through then test lows of May. If price breaks down then test the VWAP of pre-COVID high.
BTCUSD reaching to catch up to other timeframes to hit Upper BB46k is where the upper BB is currently sitting this can change as price action moves.
But the daily should follow the other timeframes at this point.
by iCantw84it
02/28/22
SPY premarket analysis 2022.06.13 BIG GAP DOWN for the open50 DMA down
5 DMA down
Premarket price action is set to open at or below the lows of 2022 - testing the VWAP from March of 2022 (COVID shutdown low point in the market). Potential support and resistance test zones presented in the video.
MONDAY OVERVIEW - Long term and intraday setups on INDEX and FXHi Traders,
This is my view for this week on:
- SPX500
- NAS100
- AUDJPY
- CADJPY
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
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Multi timeframe analysis - GMRINFRALet's look at the multi time frame analysis to get a better view of the trend of NSE:GMRINFRA .
Monthly timeframe - It had given multi year breakout and made a new 52 week high in 2021. It's been retracing with decreasing volume since then. It also looks like previous resistance is now acting as a support and based on the candlestick analysis it looks like it will hold.
Weekly timeframe - In weekly timeframe, retracement move has formed falling wedge pattern which indicates that sellers are losing control. The price made a breakout from falling wedge pattern with significant volume which indicates huge influx of buying pressure.
45 minutes timeframe - In 45 minutes timeframe another falling wedge pattern has been formed after price broke out from weekly wedge pattern. The price made a breakout from this falling wedge pattern with significant volume which indicates huge influx of buying pressure.
There are different ways of playing falling wedge pattern. You can either play breakout after price closes above the resistance line or you can wait for the pullback after the breakout and enter at a support zone after getting a reversal confirmation. The price target should be of the same length as of the back of the wedge.
Back of the falling wedge is highlighted with an ellipse. It terms of price, that is of a 15.20 points length. Target is set by adding the back length to the Wedge breakout level and it turns out to be around 51.
Let's see how it plays out.
SPY premarket 2022.06.10 gap down opening50DMA down
Price action gap down
5DMA down
Set to open with a large gap down. Looking for price to rally and test VWAP and chart resistance zones before heading down. Potential support zones to test are presented in the video.
